Looking to diversify beyond PIE? The ETFs below have the lowest correlation with PIE — 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 PIE.
Best Diversifiers for PIE
270 ETFs have low correlation with PIE (below 0.3), 26 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.21, roughly unchanged from -0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.21 | -0.17 | -0.14 | 63 | Leveraged Currency | PIE vs YCS | |
| United States Gasoline Fund LP | -0.20 | -0.02 | 0.08 | 55 | Oil & Gas | PIE vs UGA | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.14 | — | — | 98 | Inflation-Protected Bonds | PIE vs IBIC | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.13 | — | — | 95 | Inflation-Protected Bonds | PIE vs IBID | |
| Brookstone Ultra-Short Bond ETF | -0.13 | — | — | 98 | Ultrashort Bond | PIE vs BAMU |
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