Looking to balance out your exposure to PG? The ETFs below have the lowest correlation with PG — they tend to move on their own, which can help reduce risk when PG drops. The stock ideas table highlights individual companies that behave independently from PG.
Best Diversifiers for PG
235 ETFs have low correlation with PG (below 0.3), 105 of which are negatively correlated. The least correlated is ProShares Ultra Semiconductors (USD) (Leveraged Equities) with a 1Y correlation of -0.31, down from -0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Ultra Semiconductors | -0.31 | -0.20 | -0.04 | 82 | Leveraged Equities, Semiconductors | PG vs USD | |
| Direxion Daily Technology Bull 3X Shares | -0.30 | -0.11 | 0.07 | 65 | Leveraged Equities, Technology Equities | PG vs TECL | |
| Vanguard Information Technology ETF | -0.29 | -0.12 | 0.06 | 58 | Technology Equities | PG vs VGT | |
| State Street Technology Select Sector SPDR ETF | -0.28 | -0.11 | 0.08 | 66 | Technology Equities | PG vs XLK | |
| Fidelity MSCI Information Technology Index ETF | -0.28 | -0.11 | 0.06 | 60 | Technology Equities | PG vs FTEC |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from PG, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to PG and solid risk/return profiles. The least correlated is CrowdStrike Holdings, Inc. (CRWD) (Technology) with a 1Y correlation of -0.27, down from -0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| CrowdStrike Holdings, Inc. | -0.27 | -0.13 | -0.07 | 65 | Technology | |
| NVIDIA Corporation | -0.26 | -0.19 | -0.05 | 72 | Technology | |
| Broadcom Inc. | -0.25 | -0.16 | 0.01 | 72 | Technology | |
| Vertiv Holdings Co. | -0.24 | -0.14 | -0.03 | 93 | Industrials | |
| Credo Technology Group Holding Ltd | -0.22 | -0.18 | — | 88 | Technology |
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Build a portfolio that complements PG
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