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
7 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 |
|---|---|---|---|---|---|---|---|
| YieldMax AMD Option Income Strategy ETF | 0.22 | — | — | 90 | Derivative Income, Options Trading | PDC.TO vs AMDY | |
| Invesco NASDAQ 100 Index ETF CAD Hedged | 0.24 | 0.28 | 0.34 | 69 | Nasdaq-100 | PDC.TO vs QQC.TO | |
| Invesco NASDAQ 100 ETF | 0.25 | 0.31 | 0.38 | 60 | Nasdaq-100 | PDC.TO vs QQQM | |
| Invesco QQQ ETF | 0.26 | 0.31 | 0.38 | 59 | Nasdaq-100 | PDC.TO vs QQQ | |
| Invesco PHLX Semiconductor ETF | 0.28 | 0.31 | 0.36 | 94 | Semiconductors, Technology Equities | PDC.TO vs SOXQ |
See all 36 diversifiers for PDC.TO
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