Looking to diversify beyond PFI? The ETFs below have the lowest correlation with PFI — 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 PFI.
Best Diversifiers for PFI
219 ETFs have low correlation with PFI (below 0.3), 35 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.40, roughly unchanged from -0.35 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.40 | -0.35 | — | 57 | Cryptocurrency | PFI vs BITI | |
| Invesco DB Energy Fund | -0.29 | -0.11 | 0.07 | 53 | Oil & Gas | PFI vs DBE | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.19 | -0.03 | 0.12 | 51 | Commodities | PFI vs GSG | |
| DoubleLine Commodity Strategy ETF | -0.17 | — | — | 51 | Commodities | PFI vs DCMT | |
| Invesco DB Commodity Index Tracking Fund | -0.16 | -0.01 | 0.13 | 54 | Commodities | PFI vs DBC |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from PFI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to PFI and solid risk/return profiles. The least correlated is The Coca-Cola Company (KO) (Consumer Defensive) with a 1Y correlation of -0.12, down from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.12 | 0.07 | 0.22 | 83 | Consumer Defensive |
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