Looking to balance out your exposure to PNFP? The ETFs below have the lowest correlation with PNFP — they tend to move on their own, which can help reduce risk when PNFP drops. The stock ideas table highlights individual companies that behave independently from PNFP.
No Diversifiers Found for PNFP
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from PNFP, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to PNFP and solid risk/return profiles. The least correlated is Genworth Financial, Inc. (GNW) (Financial Services) with a 1Y correlation of 0.44, roughly unchanged from 0.44 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Genworth Financial, Inc. | 0.44 | 0.44 | 0.44 | 66 | Financial Services | |
| Webster Financial Corporation | 0.58 | 0.58 | 0.58 | 84 | Financial Services | |
| First Citizens BancShares, Inc. | 0.64 | 0.64 | 0.64 | 52 | Financial Services | |
| First Merchants Corporation | 0.71 | 0.71 | 0.71 | 56 | Financial Services | |
| Axos Financial, Inc. | 0.71 | 0.71 | 0.71 | 64 | Financial Services |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements PNFP
Add PNFP to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PNFP