Looking to diversify beyond PIEL? The ETFs below have the lowest correlation with PIEL — 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 PIEL.
Best Diversifiers for PIEL
0 ETFs have low correlation with PIEL (below 0.3), 0 of which are negatively correlated. The least correlated is Pacer Global Cash Cows Dividend ETF (GCOW) (Large Cap Value Equities) with a 1Y correlation of 0.39, roughly unchanged from 0.39 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Pacer Global Cash Cows Dividend ETF | 0.39 | 0.39 | 0.39 | 79 | Large Cap Value Equities, Dividend | PIEL vs GCOW | |
| Global X MSCI SuperDividend® EAFE ETF | 0.49 | 0.49 | 0.49 | 86 | Foreign Large Cap Equities | PIEL vs EFAS | |
| Pacer US Small Cap Cash Cows 100 ETF | 0.53 | 0.53 | 0.53 | 67 | Small Cap Blend Equities | PIEL vs CALF | |
| Renaissance International IPO ETF | 0.60 | 0.60 | 0.60 | 56 | Foreign Large Cap Equities | PIEL vs IPOS | |
| Pacer Data and Digital Revolution ETF | 0.65 | 0.65 | 0.65 | 75 | Technology Equities | PIEL vs TRFK |
See all 13 diversifiers for PIEL
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