Looking to balance out your exposure to PCB? The ETFs below have the lowest correlation with PCB — they tend to move on their own, which can help reduce risk when PCB drops. The stock ideas table highlights individual companies that behave independently from PCB.
No Diversifiers Found for PCB
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from PCB, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to PCB and solid risk/return profiles. The least correlated is Walmart Inc. (WMT) (Consumer Defensive) with a 1Y correlation of 0.09, roughly unchanged from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Walmart Inc. | 0.09 | 0.09 | 0.13 | 66 | Consumer Defensive | |
| Banco Macro S.A. | 0.19 | 0.17 | 0.18 | 54 | Financial Services | |
| Sumitomo Mitsui Financial Group, Inc. | 0.23 | 0.24 | 0.29 | 85 | Financial Services | |
| The Bank of New York Mellon Corporation | 0.30 | 0.40 | 0.41 | 95 | Financial Services | |
| The Travelers Companies, Inc. | 0.32 | 0.31 | 0.32 | 58 | Financial Services |
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