Looking to diversify beyond PCEF? The ETFs below have the lowest correlation with PCEF — 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 PCEF.
Best Diversifiers for PCEF
270 ETFs have low correlation with PCEF (below 0.3), 68 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.27, down from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.27 | -0.05 | 0.09 | 71 | Oil & Gas | PCEF vs DBE | |
| United States Oil Fund LP | -0.27 | -0.05 | 0.08 | 66 | Oil & Gas | PCEF vs USO | |
| United States Brent Oil Fund LP | -0.25 | -0.03 | 0.08 | 65 | Oil & Gas | PCEF vs BNO | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.23 | — | — | 98 | Inflation-Protected Bonds | PCEF vs IBIC | |
| United States Gasoline Fund LP | -0.23 | -0.04 | 0.07 | 69 | Oil & Gas | PCEF vs UGA |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from PCEF, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to PCEF and solid risk/return profiles. The least correlated is Cohen & Steers Infrastructure Fund, Inc (UTF) (Financial Services) with a 1Y correlation of 0.38, down from 0.51 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Cohen & Steers Infrastructure Fund, Inc | 0.38 | 0.42 | 0.51 | 63 | Financial Services |
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