Looking to diversify beyond PLTM? The ETFs below have the lowest correlation with PLTM — 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 PLTM.
Best Diversifiers for PLTM
741 ETFs have low correlation with PLTM (below 0.3), 29 of which are negatively correlated. The least correlated is F/m US Treasury 3 Month Bill ETF (TBIL) (Ultrashort Bond) with a 1Y correlation of -0.16, roughly unchanged from -0.07 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| F/m US Treasury 3 Month Bill ETF | -0.16 | -0.07 | — | 100 | Ultrashort Bond | PLTM vs TBIL | |
| ProShares UltraShort Yen | -0.13 | -0.15 | -0.19 | 63 | Leveraged Currency | PLTM vs YCS | |
| TCW AAA CLO ETF | -0.13 | — | — | 99 | CLO | PLTM vs ACLO | |
| Roundhill Weekly T-Bill ETF | -0.12 | — | — | 99 | Ultrashort Bond | PLTM vs WEEK | |
| PIMCO Ultra Short Government Active Exchange-Trade... | -0.10 | — | — | 100 | Ultrashort Bond | PLTM vs BILZ |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from PLTM, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to PLTM and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of -0.01, down from 0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | -0.01 | 0.07 | 0.17 | 72 | Energy | |
| Hafnia Limited | 0.07 | — | — | 80 | Industrials | |
| International Seaways, Inc. | 0.11 | 0.11 | 0.15 | 97 | Energy | |
| Ituran Location and Control Ltd. | 0.13 | 0.12 | 0.12 | 91 | Technology | |
| GE Vernova Inc. | 0.13 | 0.15 | 0.15 | 89 | Industrials |
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