Looking to diversify beyond PLTG? The ETFs below have the lowest correlation with PLTG — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from PLTG.
Best Diversifiers for PLTG
739 ETFs have low correlation with PLTG (below 0.3), 69 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.36, roughly unchanged from -0.36 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.36 | -0.36 | -0.36 | 52 | Cryptocurrency | PLTG vs BITI | |
| iShares Core High Dividend ETF | -0.15 | — | — | 85 | Dividend, Large Cap Value Equities | PLTG vs HDV | |
| First Trust Utilities AlphaDEX Fund | -0.13 | — | — | 51 | Utilities Equities | PLTG vs FXU | |
| Breakwave Tanker Shipping ETF | -0.12 | — | — | 99 | Commodities | PLTG vs BWET | |
| Macquarie Global Listed Infrastructure ETF | -0.12 | — | — | 62 | Energy Equities | PLTG vs BILD |
See all 1158 diversifiers for PLTG
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