Looking to balance out your exposure to PLBY? The ETFs below have the lowest correlation with PLBY — they tend to move on their own, which can help reduce risk when PLBY drops. The stock ideas table highlights individual companies that behave independently from PLBY.
Best Diversifiers for PLBY
0 ETFs have low correlation with PLBY (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.38, roughly unchanged from 0.38 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.38 | 0.29 | 0.38 | 66 | S&P 500 | PLBY vs VOO |
Diversification Analysis
Build a portfolio that complements PLBY
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