Looking to diversify beyond PGX? The ETFs below have the lowest correlation with PGX — 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 PGX.
Best Diversifiers for PGX
180 ETFs have low correlation with PGX (below 0.3), 28 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.29, roughly unchanged from -0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.29 | -0.27 | -0.24 | 63 | Leveraged Currency | PGX vs YCS | |
| United States Gasoline Fund LP | -0.23 | -0.06 | 0.02 | 55 | Oil & Gas | PGX vs UGA | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.17 | — | — | 98 | Inflation-Protected Bonds | PGX vs IBIC | |
| iShares Diversified Commodity Swap UCITS ETF | -0.14 | -0.03 | — | 78 | Commodities | PGX vs ISCMF | |
| VanEck Commodity Strategy ETF | -0.13 | 0.04 | — | 57 | Commodities | PGX vs PIT |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from PGX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to PGX and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of -0.12, down from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | -0.12 | 0.10 | 0.14 | 72 | Energy | |
| The Coca-Cola Company | -0.02 | 0.11 | 0.18 | 74 | Consumer Defensive | |
| Verizon Communications Inc. | 0.01 | 0.15 | 0.16 | 66 | Communication Services | |
| Shin-Etsu Chemical Co Ltd ADR | 0.20 | 0.30 | 0.29 | 77 | Basic Materials | |
| Pfizer Inc. | 0.27 | 0.22 | 0.19 | 56 | Healthcare |
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