Looking to diversify beyond PFFD? The ETFs below have the lowest correlation with PFFD — 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 PFFD.
Best Diversifiers for PFFD
163 ETFs have low correlation with PFFD (below 0.3), 22 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.22, roughly unchanged from -0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.22 | -0.24 | -0.20 | 63 | Leveraged Currency | PFFD vs YCS | |
| United States Gasoline Fund LP | -0.21 | -0.05 | 0.02 | 55 | Oil & Gas | PFFD vs UGA | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.19 | — | — | 98 | Inflation-Protected Bonds | PFFD vs IBIC | |
| WisdomTree Floating Rate Treasury Fund | -0.14 | -0.05 | -0.03 | 100 | Government Bonds, Ultrashort Bond | PFFD vs USFR | |
| iShares Enhanced Short-Term Bond Active ETF | -0.13 | — | — | 99 | Ultrashort Bond | PFFD vs CSHP |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from PFFD, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to PFFD and solid risk/return profiles. The least correlated is Walmart Inc. (WMT) (Consumer Defensive) with a 1Y correlation of 0.07, down from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Walmart Inc. | 0.07 | 0.17 | 0.21 | 69 | Consumer Defensive | |
| W. P. Carey Inc. | 0.12 | 0.29 | 0.32 | 72 | Real Estate | |
| Target Corporation | 0.32 | 0.32 | 0.37 | 78 | Consumer Defensive | |
| Citigroup Inc. | 0.43 | 0.42 | 0.42 | 94 | Financial Services | |
| Annaly Capital Management, Inc. | 0.49 | 0.55 | 0.52 | 81 | Real Estate |
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Build a portfolio that complements PFFD
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