Looking to diversify beyond PMMY? The ETFs below have the lowest correlation with PMMY — 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 PMMY.
Best Diversifiers for PMMY
192 ETFs have low correlation with PMMY (below 0.3), 30 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.40, roughly unchanged from -0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.40 | -0.37 | -0.37 | 53 | Cryptocurrency | PMMY vs BITI | |
| Invesco DB Energy Fund | -0.26 | — | — | 57 | Oil & Gas | PMMY vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.18 | — | — | 98 | Inflation-Protected Bonds | PMMY vs IBIC | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.16 | -0.20 | -0.20 | 52 | Commodities | PMMY vs COMT | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.14 | -0.18 | -0.18 | 56 | Commodities | PMMY vs GSG |
See all 1280 diversifiers for PMMY
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