Looking to diversify beyond POWR? The ETFs below have the lowest correlation with POWR — 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 POWR.
Best Diversifiers for POWR
484 ETFs have low correlation with POWR (below 0.3), 52 of which are negatively correlated. The least correlated is Invesco BulletShares 2026 Corporate Bond ETF (BSCQ) (Corporate Bonds) with a 1Y correlation of -0.12, down from -0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco BulletShares 2026 Corporate Bond ETF | -0.12 | -0.01 | -0.01 | 99 | Corporate Bonds | POWR vs BSCQ | |
| iShares 0-3 Month Treasury Bond ETF | -0.11 | -0.04 | -0.06 | 100 | Ultrashort Bond | POWR vs SGOV | |
| Vanguard Ultra-Short Treasury ETF | -0.10 | — | — | 100 | Ultrashort Bond | POWR vs VGUS | |
| Eaton Vance Ultra-Short Income ETF | -0.09 | — | — | 99 | Ultrashort Bond | POWR vs EVSB | |
| Franklin Short Duration U.S. Government ETF | -0.09 | -0.08 | -0.06 | 95 | Mortgage Backed Securities | POWR vs FTSD |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from POWR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to POWR and solid risk/return profiles. The least correlated is DNP Select Income Fund Inc. (DNP) (Financial Services) with a 1Y correlation of 0.37, roughly unchanged from 0.31 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| DNP Select Income Fund Inc. | 0.37 | 0.30 | 0.31 | 83 | Financial Services |
Build a portfolio that complements POWR
Add POWR to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with POWR