Looking to diversify beyond PFDE? The ETFs below have the lowest correlation with PFDE — 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 PFDE.
Best Diversifiers for PFDE
0 ETFs have low correlation with PFDE (below 0.3), 0 of which are negatively correlated. The least correlated is Aztlan North America Nearshoring Stock Selection ETF (NRSH) (Large Cap Blend Equities) with a 1Y correlation of 0.77, roughly unchanged from 0.77 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Aztlan North America Nearshoring Stock Selection E... | 0.77 | 0.77 | 0.77 | 71 | Large Cap Blend Equities | PFDE vs NRSH | |
| Bridges Capital Tactical ETF | 0.79 | 0.79 | 0.79 | 75 | Large Cap Blend Equities | PFDE vs BDGS | |
| Invesco RAFI Strategic US ETF | 0.81 | 0.81 | 0.81 | 90 | Large Cap Blend Equities | PFDE vs IUS | |
| FT Cboe Vest U.S. Equity Deep Buffer ETF - May | 0.87 | 0.87 | 0.87 | 83 | Large Cap Blend Equities | PFDE vs DMAY | |
| Blackrock Large Cap Core ETF | 0.91 | 0.91 | 0.91 | 82 | Large Cap Blend Equities | PFDE vs BLCR |
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