Looking to diversify beyond PDP? The ETFs below have the lowest correlation with PDP — 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 PDP.
Best Diversifiers for PDP
260 ETFs have low correlation with PDP (below 0.3), 44 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares iBonds Oct 2027 Term TIPS ETF | -0.22 | — | — | 95 | Inflation-Protected Bonds | PDP vs IBID | |
| United States Gasoline Fund LP | -0.20 | -0.05 | 0.10 | 55 | Oil & Gas | PDP vs UGA | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.19 | — | — | 98 | Inflation-Protected Bonds | PDP vs IBIC | |
| WisdomTree Floating Rate Treasury Fund | -0.15 | -0.05 | -0.03 | 100 | Government Bonds, Ultrashort Bond | PDP vs USFR | |
| iShares 0-3 Month Treasury Bond ETF | -0.13 | -0.03 | -0.03 | 100 | Ultrashort Bond | PDP vs SGOV |
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