Looking to balance out your exposure to PLCE? The ETFs below have the lowest correlation with PLCE — they tend to move on their own, which can help reduce risk when PLCE drops. The stock ideas table highlights individual companies that behave independently from PLCE.
Best Diversifiers for PLCE
0 ETFs have low correlation with PLCE (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 0.33, roughly unchanged from 0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.33 | 0.25 | 0.34 | 66 | S&P 500 | PLCE vs VOO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from PLCE, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to PLCE and solid risk/return profiles. The least correlated is JPMorgan Chase & Co. (JPM) (Financial Services) with a 1Y correlation of 0.21, roughly unchanged from 0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| JPMorgan Chase & Co. | 0.21 | 0.17 | 0.26 | 67 | Financial Services |
Build a portfolio that complements PLCE
Add PLCE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PLCE