Looking to balance out your exposure to PEG? The ETFs below have the lowest correlation with PEG — they tend to move on their own, which can help reduce risk when PEG drops. The stock ideas table highlights individual companies that behave independently from PEG.
Best Diversifiers for PEG
14 ETFs have low correlation with PEG (below 0.3), 0 of which are negatively correlated. The least correlated is SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) (Government Bonds) with a 1Y correlation of 0.00, roughly unchanged from -0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR Bloomberg 1-3 Month T-Bill ETF | 0.00 | -0.04 | -0.02 | 100 | Government Bonds, Ultrashort Bond | PEG vs BIL | |
| Invesco NASDAQ 100 ETF | 0.01 | 0.12 | 0.20 | 54 | Nasdaq-100 | PEG vs QQQM | |
| State Street SPDR S&P 500 ETF | 0.11 | 0.25 | 0.33 | 65 | S&P 500 | PEG vs SPY | |
| Vanguard S&P 500 ETF | 0.11 | 0.25 | 0.33 | 66 | S&P 500 | PEG vs VOO | |
| Vanguard Total Stock Market ETF | 0.12 | 0.26 | 0.33 | 66 | Large Cap Blend Equities | PEG vs VTI |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from PEG, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to PEG and solid risk/return profiles. The least correlated is The Western Union Company (WU) (Financial Services) with a 1Y correlation of -0.12, down from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Western Union Company | -0.12 | 0.09 | 0.21 | 58 | Financial Services | |
| Snowflake Inc. | -0.08 | 0.05 | 0.06 | 60 | Technology | |
| Amazon.com, Inc | -0.06 | 0.01 | 0.10 | 56 | Consumer Cyclical | |
| Broadcom Inc. | -0.04 | 0.05 | 0.13 | 67 | Technology | |
| Dell Technologies Inc. | -0.00 | 0.08 | 0.16 | 96 | Technology |
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