Looking to diversify beyond PDC.TO? The ETFs below have the lowest correlation with PDC.TO — 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 PDC.TO.
Best Diversifiers for PDC.TO
9 ETFs have low correlation with PDC.TO (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Hang Seng High Dividend 30 Index ETF | 0.07 | — | — | 90 | Dividend | PDC.TO vs 3466.HK | |
| YieldMax AMD Option Income Strategy ETF | 0.18 | — | — | 93 | Options Trading, Dividend | PDC.TO vs AMDY | |
| Invesco S&P 500 Top 50 ETF | 0.18 | 0.25 | 0.32 | 56 | S&P 500 | PDC.TO vs XLG | |
| Invesco QQQ ETF | 0.20 | 0.25 | 0.29 | 73 | Nasdaq-100 | PDC.TO vs QQQ | |
| Invesco NASDAQ 100 ETF | 0.21 | 0.25 | 0.29 | 74 | Nasdaq-100 | PDC.TO vs QQQM |
See all 38 diversifiers for PDC.TO
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