Looking to diversify beyond PKW? The ETFs below have the lowest correlation with PKW — 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 PKW.
Best Diversifiers for PKW
242 ETFs have low correlation with PKW (below 0.3), 27 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.22, down from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.22 | -0.01 | 0.13 | 55 | Oil & Gas | PKW vs UGA | |
| ProShares UltraShort Yen | -0.16 | -0.08 | -0.03 | 63 | Leveraged Currency | PKW vs YCS | |
| WisdomTree Floating Rate Treasury Fund | -0.15 | -0.03 | -0.01 | 100 | Government Bonds, Ultrashort Bond | PKW vs USFR | |
| iShares Enhanced Short-Term Bond Active ETF | -0.13 | — | — | 99 | Ultrashort Bond | PKW vs CSHP | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.12 | — | — | 98 | Inflation-Protected Bonds | PKW vs IBIC |
See all 1463 diversifiers for PKW
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