Looking to diversify beyond PMAR? The ETFs below have the lowest correlation with PMAR — 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 PMAR.
Best Diversifiers for PMAR
187 ETFs have low correlation with PMAR (below 0.3), 40 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.32, down from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.32 | -0.07 | 0.06 | 71 | Oil & Gas | PMAR vs DBE | |
| United States Brent Oil Fund LP | -0.30 | -0.07 | 0.04 | 65 | Oil & Gas | PMAR vs BNO | |
| Invesco DB Oil Fund | -0.27 | -0.05 | 0.05 | 65 | Oil & Gas | PMAR vs DBO | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.24 | -0.02 | 0.10 | 72 | Commodities | PMAR vs GSG | |
| iShares Commodities Select Strategy ETF | -0.24 | -0.01 | 0.09 | 72 | Commodities | PMAR vs COMT |
See all 1220 diversifiers for PMAR
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