Looking to balance out your exposure to PPG? The ETFs below have the lowest correlation with PPG — they tend to move on their own, which can help reduce risk when PPG drops. The stock ideas table highlights individual companies that behave independently from PPG.
Best Diversifiers for PPG
0 ETFs have low correlation with PPG (below 0.3), 0 of which are negatively correlated. The least correlated is JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) (Nasdaq-100) with a 1Y correlation of 0.36, roughly unchanged from 0.36 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPMorgan Nasdaq Equity Premium Income ETF | 0.36 | 0.36 | — | 76 | Nasdaq-100, Derivative Income | PPG vs JEPQ | |
| Vanguard S&P 500 ETF | 0.47 | 0.48 | 0.58 | 74 | S&P 500 | PPG vs VOO | |
| State Street SPDR S&P 500 ETF | 0.47 | 0.48 | 0.58 | 74 | S&P 500 | PPG vs SPY | |
| Vanguard Total Stock Market ETF | 0.50 | 0.52 | 0.60 | 73 | Large Cap Blend Equities | PPG vs VTI | |
| Schwab U.S. Dividend Equity ETF | 0.53 | 0.60 | 0.64 | 85 | Dividend | PPG vs SCHD |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from PPG, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to PPG and solid risk/return profiles. The least correlated is CF Industries Holdings, Inc. (CF) (Basic Materials) with a 1Y correlation of -0.15, down from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| CF Industries Holdings, Inc. | -0.15 | 0.06 | 0.08 | 63 | Basic Materials | |
| The Williams Companies, Inc. | -0.08 | 0.10 | 0.20 | 71 | Energy | |
| ConocoPhillips Company | -0.07 | 0.09 | 0.13 | 78 | Energy | |
| Altria Group, Inc. | -0.06 | 0.10 | 0.19 | 73 | Consumer Defensive | |
| Chevron Corporation | -0.04 | 0.13 | 0.20 | 84 | Energy |
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