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
192 ETFs have low correlation with PFM (below 0.3), 21 of which are negatively correlated. The least correlated is YieldMax Short MSTR Option Income Strategy ETF (WNTR) (Derivative Income) with a 1Y correlation of -0.29, roughly unchanged from -0.33 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax Short MSTR Option Income Strategy ETF | -0.29 | -0.33 | -0.33 | 51 | Derivative Income | PFM vs WNTR | |
| ProShares UltraShort Yen | -0.23 | -0.07 | -0.05 | 73 | Leveraged Currency | PFM vs YCS | |
| United States Gasoline Fund LP | -0.20 | -0.05 | 0.09 | 60 | Oil & Gas | PFM vs UGA | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.16 | — | — | 98 | Inflation-Protected Bonds | PFM vs IBIC | |
| WisdomTree Floating Rate Treasury Fund | -0.15 | -0.04 | -0.02 | 100 | Government Bonds, Ultrashort Bond | PFM vs USFR |
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