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
148 ETFs have low correlation with PMMY (below 0.3), 13 of which are negatively correlated. The least correlated is iShares iBonds Oct 2026 Term TIPS ETF (IBIC) (Inflation-Protected Bonds) with a 1Y correlation of -0.14, roughly unchanged from -0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares iBonds Oct 2026 Term TIPS ETF | -0.14 | -0.16 | -0.16 | 98 | Inflation-Protected Bonds | PMMY vs IBIC | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.10 | -0.11 | -0.11 | 95 | Inflation-Protected Bonds | PMMY vs IBID | |
| First Trust Alternative Absolute Return Strategy E... | -0.07 | -0.10 | -0.10 | 75 | Commodities | PMMY vs FAAR | |
| Alerian Energy Infrastructure ETF | -0.06 | -0.03 | -0.03 | 57 | Energy Equities | PMMY vs ENFR | |
| Breakwave Dry Bulk Shipping ETF | -0.05 | — | — | 75 | Commodities | PMMY vs BDRY |
See all 1179 diversifiers for PMMY
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