Looking to balance out your exposure to PETS? The ETFs below have the lowest correlation with PETS — they tend to move on their own, which can help reduce risk when PETS drops. The stock ideas table highlights individual companies that behave independently from PETS.
Best Diversifiers for PETS
4 ETFs have low correlation with PETS (below 0.3), 0 of which are negatively correlated. The least correlated is Sprott Physical Silver Trust (PSLV) (Silver) with a 1Y correlation of 0.20, roughly unchanged from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Sprott Physical Silver Trust | 0.21 | 0.19 | 0.14 | 79 | Silver, Precious Metals | PETS vs PSLV | |
| Vanguard S&P 500 ETF | 0.27 | 0.28 | 0.31 | 70 | S&P 500 | PETS vs VOO | |
| State Street SPDR S&P 500 ETF | 0.27 | 0.28 | 0.31 | 70 | S&P 500 | PETS vs SPY | |
| Vanguard Total Stock Market ETF | 0.29 | 0.30 | 0.33 | 68 | Large Cap Blend Equities | PETS vs VTI |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from PETS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to PETS and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.04, roughly unchanged from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.04 | 0.03 | 0.06 | 69 | Consumer Defensive | |
| PepsiCo, Inc. | 0.00 | 0.07 | 0.08 | 56 | Consumer Defensive | |
| Quest Diagnostics Incorporated | 0.02 | 0.09 | 0.12 | 59 | Healthcare | |
| Verizon Communications Inc. | 0.05 | 0.07 | 0.09 | 59 | Communication Services | |
| Halliburton Company | 0.07 | 0.15 | 0.16 | 94 | Energy |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements PETS
Add PETS to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PETS