Looking to diversify beyond PFM? The ETFs below have the lowest correlation with PFM — 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 PFM.
Best Diversifiers for PFM
263 ETFs have low correlation with PFM (below 0.3), 47 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.25, down from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.25 | -0.06 | 0.10 | 71 | Oil & Gas | PFM vs DBE | |
| United States Oil Fund LP | -0.24 | -0.05 | 0.09 | 66 | Oil & Gas | PFM vs USO | |
| United States Brent Oil Fund LP | -0.23 | -0.05 | 0.08 | 65 | Oil & Gas | PFM vs BNO | |
| United States 12 Month Oil Fund LP | -0.23 | -0.04 | 0.11 | 56 | Oil & Gas | PFM vs USL | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.23 | -0.03 | 0.11 | 55 | Oil & Gas | PFM vs OILK |
See all 1603 diversifiers for PFM
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