Looking to diversify beyond PDDL? The ETFs below have the lowest correlation with PDDL — 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 PDDL.
Best Diversifiers for PDDL
0 ETFs have low correlation with PDDL (below 0.3), 0 of which are negatively correlated. The least correlated is Innovator Growth Accelerated Plus ETF - April (QTAP) (Leveraged Equities) with a 1Y correlation of 0.36, roughly unchanged from 0.36 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Innovator Growth Accelerated Plus ETF - April | 0.36 | 0.36 | 0.36 | 97 | Leveraged Equities | PDDL vs QTAP |
Diversification Analysis
Build a portfolio that complements PDDL
Add PDDL to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PDDL