Looking to balance out your exposure to PKE? The ETFs below have the lowest correlation with PKE — they tend to move on their own, which can help reduce risk when PKE drops. The stock ideas table highlights individual companies that behave independently from PKE.
No Diversifiers Found for PKE
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from PKE, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to PKE and solid risk/return profiles. The least correlated is Raytheon Technologies Corporation (RTX) (Industrials) with a 1Y correlation of 0.26, down from 0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Raytheon Technologies Corporation | 0.26 | 0.29 | 0.37 | 70 | Industrials | |
| Satellogic V Inc | 0.29 | 0.26 | 0.15 | 72 | Industrials |
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