Looking to balance out your exposure to PCG? The ETFs below have the lowest correlation with PCG — they tend to move on their own, which can help reduce risk when PCG drops. The stock ideas table highlights individual companies that behave independently from PCG.
Best Diversifiers for PCG
8 ETFs have low correlation with PCG (below 0.3), 1 of which are negatively correlated. The least correlated is Pacific Global Senior Loan ETF (FLRT) (High Yield Bonds) with a 1Y correlation of -0.02, down from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Pacific Global Senior Loan ETF | -0.02 | 0.09 | 0.11 | 86 | High Yield Bonds | PCG vs FLRT | |
| VanEck Vectors Investment Grade Floating Rate ETF | 0.05 | 0.04 | 0.11 | 99 | Corporate Bonds | PCG vs FLTR | |
| Janus Henderson AAA CLO ETF | 0.07 | 0.10 | 0.05 | 98 | CLO | PCG vs JAAA | |
| State Street Energy Select Sector SPDR ETF | 0.08 | 0.18 | 0.25 | 70 | Energy Equities | PCG vs XLE | |
| Vanguard S&P 500 ETF | 0.12 | 0.21 | 0.32 | 74 | S&P 500 | PCG vs VOO |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from PCG, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to PCG and solid risk/return profiles. The least correlated is International Seaways, Inc. (INSW) (Energy) with a 1Y correlation of -0.06, down from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| International Seaways, Inc. | -0.06 | 0.04 | 0.13 | 95 | Energy | |
| International Business Machines Corporation | -0.01 | 0.11 | 0.20 | 54 | Technology | |
| Exxon Mobil Corporation | 0.03 | 0.13 | 0.20 | 86 | Energy | |
| Taseko Mines Limited | 0.04 | 0.14 | 0.19 | 92 | Basic Materials | |
| Star Bulk Carriers Corp. | 0.04 | 0.06 | 0.12 | 89 | Industrials |
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Build a portfolio that complements PCG
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