Looking to diversify beyond PFLD? The ETFs below have the lowest correlation with PFLD — 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 PFLD.
Best Diversifiers for PFLD
572 ETFs have low correlation with PFLD (below 0.3), 36 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.32, down from -0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.32 | -0.22 | -0.19 | 53 | Cryptocurrency | PFLD vs BITI | |
| Invesco DB Energy Fund | -0.19 | -0.09 | 0.02 | 57 | Oil & Gas | PFLD vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.16 | — | — | 98 | Inflation-Protected Bonds | PFLD vs IBIC | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.15 | -0.05 | 0.04 | 56 | Commodities | PFLD vs GSG | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.14 | -0.06 | 0.04 | 52 | Commodities | PFLD vs COMT |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from PFLD, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to PFLD and solid risk/return profiles. The least correlated is Oxford Lane Capital Corp. 7.125% Series 2029 Term Preferred Stock (OXLCN) (Financial Services) with a 1Y correlation of 0.03, roughly unchanged from 0.04 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Oxford Lane Capital Corp. 7.125% Series 2029 Term ... | 0.03 | 0.04 | — | 86 | Financial Services | |
| Energy Transfer LP | 0.03 | 0.17 | 0.23 | 83 | Energy | |
| TORM plc | 0.06 | 0.07 | 0.08 | 90 | Energy | |
| International Seaways, Inc. | 0.08 | 0.07 | 0.07 | 98 | Energy | |
| Nuveen AMT-Free Quality Municipal Income Fund | 0.18 | 0.34 | 0.35 | 81 | Financial Services |
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Build a portfolio that complements PFLD
Add PFLD to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PFLD