Looking to balance out your exposure to PLD? The ETFs below have historically moved differently from PLD, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for PLD
176 ETFs have low correlation with PLD (below 0.3), 8 of which are negatively correlated. The least correlated is Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) (Commodities) with a 1Y correlation of -0.14, down from 0.04 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco Optimum Yield Diversified Commodity Strate... | -0.14 | -0.03 | 0.04 | 70 | Commodities | PLD vs PDBC | |
| Invesco DB Commodity Index Tracking Fund | -0.14 | -0.03 | 0.04 | 68 | Commodities | PLD vs DBC | |
| KFA Mount Lucas Index Strategy ETF | -0.07 | -0.09 | -0.17 | 51 | Systematic Trend | PLD vs KMLM | |
| Harbor Commodity All-Weather Strategy ETF | -0.07 | -0.01 | — | 84 | Commodities | PLD vs HGER | |
| Vanguard 0-3 Month Treasury Bill ETF | -0.07 | — | — | 100 | Ultrashort Bond | PLD vs VBIL |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for PLD, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Nebius Group N.V. (NBIS) (Communication Services) with a 1Y correlation of -0.10, roughly unchanged from -0.03 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Nebius Group N.V. | -0.10 | -0.03 | -0.03 | 94 | Communication Services | |
| NVIDIA Corporation | -0.07 | 0.04 | 0.20 | 61 | Technology | |
| UiPath Inc. | -0.05 | 0.23 | 0.27 | 54 | Technology | |
| Seagate Technology plc | -0.05 | 0.16 | 0.23 | 99 | Technology | |
| CrowdStrike Holdings, Inc. | -0.04 | 0.08 | 0.20 | 83 | Technology |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements PLD
Add PLD to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PLD