Looking to balance out your exposure to PLG? The ETFs below have the lowest correlation with PLG — they tend to move on their own, which can help reduce risk when PLG drops. The stock ideas table highlights individual companies that behave independently from PLG.
Best Diversifiers for PLG
0 ETFs have low correlation with PLG (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 0.45, up from 0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.45 | 0.34 | 0.32 | 66 | S&P 500 | PLG vs VOO | |
| State Street SPDR S&P 500 ETF | 0.46 | 0.34 | 0.32 | 66 | S&P 500 | PLG vs SPY | |
| Vanguard Total Stock Market ETF | 0.47 | 0.35 | 0.34 | 66 | Large Cap Blend Equities | PLG vs VTI |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from PLG, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to PLG and solid risk/return profiles. The least correlated is Anglo American Platinum ADR (ANGPY) (Basic Materials) with a 1Y correlation of 0.65, up from 0.44 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Anglo American Platinum ADR | 0.65 | 0.48 | 0.44 | 64 | 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