Looking to balance out your exposure to PFE? The ETFs below have historically moved differently from PFE, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for PFE
232 ETFs have low correlation with PFE (below 0.3), 31 of which are negatively correlated. The least correlated is ProShares Ultra Semiconductors (USD) (Leveraged Equities) with a 1Y correlation of -0.12, down from 0.05 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Ultra Semiconductors | -0.12 | -0.03 | 0.05 | 57 | Leveraged Equities, Semiconductors | PFE vs USD | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.09 | -0.06 | -0.01 | 51 | Commodities | PFE vs GSG | |
| Invesco DB Commodity Index Tracking Fund | -0.07 | -0.05 | -0.00 | 59 | Commodities | PFE vs DBC | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.07 | -0.04 | 0.00 | 60 | Commodities | PFE vs PDBC | |
| VistaShares Artificial Intelligence Supercycle ETF | -0.06 | — | — | 88 | Artificial Intelligence, Technology Equities | PFE vs AIS |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for PFE, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Broadcom Inc. (AVGO) (Technology) with a 1Y correlation of -0.13, down from 0.06 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Broadcom Inc. | -0.13 | -0.05 | 0.06 | 70 | Technology | |
| Credo Technology Group Holding Ltd | -0.11 | -0.03 | — | 76 | Technology | |
| NVIDIA Corporation | -0.09 | -0.06 | 0.04 | 63 | Technology | |
| GE Vernova Inc. | -0.08 | — | — | 77 | Industrials | |
| Celestica Inc. | -0.08 | -0.03 | 0.06 | 76 | Technology |
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