Looking to diversify beyond PCMM? The ETFs below have the lowest correlation with PCMM — 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 PCMM.
Best Diversifiers for PCMM
1153 ETFs have low correlation with PCMM (below 0.3), 98 of which are negatively correlated. The least correlated is Goldman Sachs Ultra Short Municipal Income ETF (GUMI) (Municipal Bonds) with a 1Y correlation of -0.13, roughly unchanged from -0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs Ultra Short Municipal Income ETF | -0.13 | -0.05 | -0.05 | 93 | Municipal Bonds | PCMM vs GUMI | |
| First Trust Alternative Absolute Return Strategy E... | -0.09 | — | — | 90 | Commodities | PCMM vs FAAR | |
| PIMCO Enhanced Low Duration Active ETF | -0.08 | — | — | 88 | Short-Term Bond | PCMM vs LDUR | |
| Global X Emerging Markets Bond ETF | -0.08 | — | — | 52 | Emerging Markets Bonds | PCMM vs EMBD | |
| iShares iBonds Dec 2028 Term Treasury ETF | -0.07 | -0.01 | -0.01 | 66 | Government Bonds | PCMM vs IBTI |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from PCMM, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to PCMM and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Ellington Financial Inc. | 0.10 | — | — | 69 | Real Estate |
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