Looking to diversify beyond PFRL? The ETFs below have the lowest correlation with PFRL — 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 PFRL.
Best Diversifiers for PFRL
687 ETFs have low correlation with PFRL (below 0.3), 52 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.15, down from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.15 | -0.01 | 0.09 | 55 | Oil & Gas | PFRL vs UGA | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.13 | — | — | 98 | Inflation-Protected Bonds | PFRL vs IBIC | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.12 | — | — | 95 | Inflation-Protected Bonds | PFRL vs IBID | |
| VanEck Commodity Strategy ETF | -0.12 | 0.05 | — | 57 | Commodities | PFRL vs PIT | |
| PIMCO Commodity Strategy Active Exchange-Traded Fu... | -0.10 | 0.08 | 0.08 | 50 | Commodities | PFRL vs CMDT |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from PFRL, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to PFRL and solid risk/return profiles. The least correlated is Reaves Utility Income Trust (UTG) (Financial Services) with a 1Y correlation of 0.13, roughly unchanged from 0.18 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Reaves Utility Income Trust | 0.13 | 0.18 | — | 79 | Financial Services | |
| BlackRock Science and Technology Trust II | 0.25 | 0.31 | — | 94 | Financial Services | |
| AGNC Investment Corp. | 0.27 | 0.32 | 0.33 | 77 | Real Estate |
Build a portfolio that complements PFRL
Add PFRL to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PFRL