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
2 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 -0.07, down from 0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Semiconductor ETF | -0.07 | 0.04 | 0.19 | 96 | Semiconductors, Technology Equities | PECO vs SMH | |
| JPMorgan Nasdaq Equity Premium Income ETF | -0.03 | 0.12 | — | 74 | Nasdaq-100, Derivative Income | PECO vs JEPQ |
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 DigitalBridge Group, Inc. (DBRG) (Real Estate) with a 1Y correlation of 0.17, down from 0.33 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| DigitalBridge Group, Inc. | 0.17 | 0.33 | — | 73 | Real Estate | |
| National Retail Properties, Inc. | 0.51 | 0.57 | — | 62 | Real Estate | |
| Macerich Company | 0.51 | 0.56 | — | 80 | Real Estate | |
| Regency Centers Corporation | 0.63 | 0.74 | — | 61 | Real Estate | |
| Kite Realty Group Trust | 0.73 | 0.76 | — | 79 | Real Estate |
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