Looking to balance out your exposure to PECO? The ETFs below have the lowest correlation with PECO — they tend to move on their own, which can help reduce risk when PECO drops. The stock ideas table highlights individual companies that behave independently from PECO.
Best Diversifiers for PECO
3 ETFs have low correlation with PECO (below 0.3), 2 of which are negatively correlated. The least correlated is VanEck Semiconductor ETF (SMH) (Semiconductors) with a 1Y correlation of -0.13, down from 0.01 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Semiconductor ETF | -0.13 | 0.01 | — | 92 | Semiconductors, Technology Equities | PECO vs SMH | |
| JPMorgan Nasdaq Equity Premium Income ETF | -0.11 | 0.10 | — | 65 | Nasdaq-100, Derivative Income | PECO vs JEPQ | |
| State Street SPDR S&P 500 ETF | 0.04 | 0.26 | — | 66 | S&P 500 | PECO vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from PECO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to PECO and solid risk/return profiles. The least correlated is Accelleron Industries AG ADR (ACLLY) (Industrials) with a 1Y correlation of -0.05, down from 0.09 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Accelleron Industries AG ADR | -0.05 | 0.09 | — | 74 | Industrials | |
| Ackermans & Van Haaren NV ADR | -0.01 | — | — | 95 | Industrials | |
| Singapore Exchange Ltd ADR | -0.00 | 0.10 | — | 96 | Financial Services | |
| Sandoz Group AG | 0.14 | — | — | 84 | Healthcare | |
| DigitalBridge Group, Inc. | 0.18 | 0.32 | — | 80 | Real Estate |
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