Looking to diversify beyond PBRG? The ETFs below have the lowest correlation with PBRG — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from PBRG.
Best Diversifiers for PBRG
6 ETFs have low correlation with PBRG (below 0.3), 3 of which are negatively correlated. The least correlated is Innovator Growth Accelerated Plus ETF - April (QTAP) (Leveraged Equities) with a 1Y correlation of -0.08, roughly unchanged from -0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Innovator Growth Accelerated Plus ETF - April | -0.08 | -0.08 | -0.08 | 97 | Leveraged Equities | PBRG vs QTAP | |
| Direxion Daily Semiconductor Bull 3X ETF | -0.08 | -0.08 | -0.08 | 97 | Leveraged Equities, Semiconductors | PBRG vs SOXL | |
| GraniteShares 2x Long MRVL Daily ETF | -0.01 | -0.01 | -0.01 | 94 | Leveraged Equities | PBRG vs MVLL | |
| GraniteShares 2x Long DELL Daily ETF | 0.02 | 0.02 | 0.02 | 95 | Leveraged Equities | PBRG vs DLLL | |
| Innovator Growth Accelerated Plus ETF - July | 0.04 | 0.04 | 0.04 | 67 | Leveraged Equities | PBRG vs QTJL |
See all 6 diversifiers for PBRG
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