Looking to diversify beyond PEVC? The ETFs below have the lowest correlation with PEVC — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from PEVC.
Best Diversifiers for PEVC
194 ETFs have low correlation with PEVC (below 0.3), 46 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.29, down from -0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.29 | -0.12 | -0.12 | 69 | Oil & Gas | PEVC vs DBE | |
| United States Brent Oil Fund LP | -0.26 | -0.10 | -0.10 | 62 | Oil & Gas | PEVC vs BNO | |
| Invesco DB Oil Fund | -0.23 | — | — | 62 | Oil & Gas | PEVC vs DBO | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.22 | — | — | 98 | Inflation-Protected Bonds | PEVC vs IBIC | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.18 | -0.03 | -0.03 | 66 | Commodities | PEVC vs GSG |
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