Looking to diversify beyond PMSE? The ETFs below have the lowest correlation with PMSE — 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 PMSE.
Best Diversifiers for PMSE
0 ETFs have low correlation with PMSE (below 0.3), 0 of which are negatively correlated. The least correlated is FT Vest Emerging Markets Buffer ETF - March (TMAR) (Defined Outcome) with a 1Y correlation of 0.62, roughly unchanged from 0.62 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| FT Vest Emerging Markets Buffer ETF - March | 0.62 | 0.62 | 0.62 | 76 | Defined Outcome | PMSE vs TMAR | |
| Innovator Equity Defined Protection ETF - 6 Mo Jan... | 0.65 | 0.65 | 0.65 | 97 | Defined Outcome | PMSE vs JAJL | |
| Innovator Russell 2000 Power Buffer ETF - April | 0.68 | 0.68 | 0.68 | 97 | Defined Outcome | PMSE vs KAPR | |
| Innovator U.S. Equity Power Buffer ETF - April | 0.74 | 0.74 | 0.74 | 98 | Defined Outcome | PMSE vs PAPR | |
| iShares Large Cap Max Buffer December ETF | 0.76 | 0.76 | 0.76 | 95 | Defined Outcome | PMSE vs DMAX |
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