Looking to balance out your exposure to PLGO? The ETFs below have the lowest correlation with PLGO — they tend to move on their own, which can help reduce risk when PLGO drops. The stock ideas table highlights individual companies that behave independently from PLGO.
Best Diversifiers for PLGO
1 ETFs have low correlation with PLGO (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| GraniteShares 2x Long AAPL Daily ETF | 0.22 | — | — | 66 | Leveraged Equities | PLGO vs AAPB |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from PLGO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to PLGO and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Toll Brothers, Inc. | 0.26 | — | — | 66 | Consumer Cyclical | |
| M/I Homes, Inc. | 0.27 | — | — | 62 | Consumer Cyclical |
Diversification Analysis
Build a portfolio that complements PLGO
Add PLGO to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PLGO