Looking to balance out your exposure to PEBO? The ETFs below have the lowest correlation with PEBO — they tend to move on their own, which can help reduce risk when PEBO drops. The stock ideas table highlights individual companies that behave independently from PEBO.
Best Diversifiers for PEBO
0 ETFs have low correlation with PEBO (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.32, roughly unchanged from 0.41 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.32 | 0.36 | 0.41 | 70 | S&P 500 | PEBO vs VOO | |
| Schwab U.S. Dividend Equity ETF | 0.47 | 0.52 | 0.55 | 80 | Dividend | PEBO vs SCHD |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from PEBO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to PEBO and solid risk/return profiles. The least correlated is SoFi Technologies, Inc. (SOFI) (Financial Services) with a 1Y correlation of 0.18, down from 0.29 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| SoFi Technologies, Inc. | 0.18 | 0.34 | 0.29 | 51 | Financial Services | |
| Bank of America Corporation | 0.46 | 0.56 | 0.57 | 64 | Financial Services |
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