Looking to balance out your exposure to PLG? The ETFs below have historically moved differently from PLG, 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 PLG
0 ETFs have low correlation with PLG (below 0.3), 0 of which are negatively correlated. The least correlated is State Street SPDR S&P 500 ETF (SPY) (S&P 500) with a 1Y correlation of 0.47, up from 0.32 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | 0.47 | 0.35 | 0.32 | 67 | S&P 500 | PLG vs SPY | |
| Vanguard S&P 500 ETF | 0.47 | 0.35 | 0.32 | 68 | S&P 500 | PLG vs VOO | |
| Vanguard Total Stock Market ETF | 0.48 | 0.36 | 0.34 | 67 | Large Cap Blend Equities | PLG vs VTI |
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for PLG, 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 Anglo American Platinum ADR (ANGPY) (Basic Materials) with a 1Y correlation of 0.66, up from 0.44 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Anglo American Platinum ADR | 0.66 | 0.49 | 0.44 | 75 | Basic Materials |
Build a portfolio that complements PLG
Add PLG to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PLG