Looking to balance out your exposure to PHT? The ETFs below have the lowest correlation with PHT — they tend to move on their own, which can help reduce risk when PHT drops. The stock ideas table highlights individual companies that behave independently from PHT.
Best Diversifiers for PHT
6 ETFs have low correlation with PHT (below 0.3), 2 of which are negatively correlated. The least correlated is iShares 0-3 Month Treasury Bond ETF (SGOV) (Ultrashort Bond) with a 1Y correlation of -0.16, down from -0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | -0.16 | -0.02 | -0.02 | 100 | Ultrashort Bond | PHT vs SGOV | |
| Vanguard Short-Term Inflation-Protected Securities... | -0.08 | 0.21 | 0.22 | 93 | Inflation-Protected Bonds | PHT vs VTIP | |
| Vanguard Ultra-Short Bond ETF | 0.02 | 0.21 | 0.21 | 98 | Ultrashort Bond | PHT vs VUSB | |
| Vanguard FTSE All-World ex-US ETF | 0.13 | 0.34 | 0.45 | 62 | Foreign Large Cap Equities | PHT vs VEU | |
| Vanguard Dividend Appreciation ETF | 0.14 | 0.35 | 0.47 | 60 | Dividend | PHT vs VIG |
See all 6 diversifiers for PHT
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Diversification Analysis
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