Looking to diversify beyond PMMF? The ETFs below have the lowest correlation with PMMF — 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 PMMF.
Best Diversifiers for PMMF
1547 ETFs have low correlation with PMMF (below 0.3), 93 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.17 | — | — | 68 | Inverse Equities, Leveraged Equities | PMMF vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.14 | — | — | 70 | Derivative Income | PMMF vs WNTR | |
| Global X MLP & Energy Infrastructure ETF | -0.12 | — | — | 72 | MLPs | PMMF vs MLPX | |
| Fidelity Managed Futures ETF | -0.12 | — | — | 71 | Systematic Trend | PMMF vs FFUT | |
| Alerian Energy Infrastructure ETF | -0.12 | — | — | 77 | Energy Equities | PMMF vs ENFR |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from PMMF, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to PMMF and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited | -0.01 | — | — | 92 | Technology | |
| Broadcom Inc. | -0.01 | — | — | 71 | Technology | |
| FedEx Corporation | 0.01 | — | — | 97 | Industrials | |
| Millicom International Cellular S.A. | 0.05 | — | — | 99 | Communication Services | |
| NVIDIA Corporation | 0.05 | — | — | 65 | Technology |
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Build a portfolio that complements PMMF
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