Looking to balance out your exposure to PFE? The ETFs below have the lowest correlation with PFE — they tend to move on their own, which can help reduce risk when PFE drops. The stock ideas table highlights individual companies that behave independently from PFE.
Best Diversifiers for PFE
206 ETFs have low correlation with PFE (below 0.3), 21 of which are negatively correlated. The least correlated is ProShares Ultra Semiconductors (USD) (Leveraged Equities) with a 1Y correlation of -0.12, down from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Ultra Semiconductors | -0.12 | -0.04 | 0.06 | 60 | Leveraged Equities, Semiconductors | PFE vs USD | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.09 | -0.05 | -0.00 | 54 | Commodities | PFE vs GSG | |
| Invesco S&P 500 Momentum ETF | -0.07 | 0.06 | 0.17 | 51 | Momentum, S&P 500 | PFE vs SPMO | |
| Invesco DB Commodity Index Tracking Fund | -0.06 | -0.04 | 0.00 | 56 | Commodities | PFE vs DBC | |
| VistaShares Artificial Intelligence Supercycle ETF | -0.06 | 0.02 | 0.02 | 92 | Technology Equities | PFE vs AIS |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from PFE, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to PFE and solid risk/return profiles. The least correlated is Broadcom Inc. (AVGO) (Technology) with a 1Y correlation of -0.13, down from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Broadcom Inc. | -0.13 | -0.05 | 0.06 | 67 | Technology | |
| NVIDIA Corporation | -0.12 | -0.06 | 0.03 | 63 | Technology | |
| Celestica Inc. | -0.11 | -0.04 | 0.06 | 79 | Technology | |
| AppLovin Corporation | -0.11 | -0.05 | 0.03 | 56 | Communication Services | |
| Credo Technology Group Holding Ltd | -0.11 | -0.02 | — | 77 | Technology |
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Build a portfolio that complements PFE
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