Looking to diversify beyond PIZ? The ETFs below have the lowest correlation with PIZ — 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 PIZ.
Best Diversifiers for PIZ
207 ETFs have low correlation with PIZ (below 0.3), 36 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.33, down from -0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.33 | -0.22 | -0.19 | 63 | Leveraged Currency | PIZ vs YCS | |
| United States Gasoline Fund LP | -0.26 | -0.09 | 0.05 | 55 | Oil & Gas | PIZ vs UGA | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.20 | — | — | 98 | Inflation-Protected Bonds | PIZ vs IBIC | |
| iShares 0-3 Month Treasury Bond ETF | -0.14 | -0.05 | -0.02 | 100 | Ultrashort Bond | PIZ vs SGOV | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.13 | — | — | 95 | Inflation-Protected Bonds | PIZ vs IBID |
See all 1451 diversifiers for PIZ
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Diversification Analysis
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