Looking to diversify beyond PPH? The ETFs below have the lowest correlation with PPH — 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 PPH.
Best Diversifiers for PPH
978 ETFs have low correlation with PPH (below 0.3), 29 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.30, down from -0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.30 | -0.14 | -0.11 | 61 | Leveraged Currency | PPH vs YCS | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.20 | — | — | 98 | Inflation-Protected Bonds | PPH vs IBIC | |
| First Trust Alternative Absolute Return Strategy E... | -0.16 | -0.07 | -0.03 | 70 | Commodities | PPH vs FAAR | |
| VanEck Commodity Strategy ETF | -0.16 | -0.08 | — | 55 | Commodities | PPH vs PIT | |
| SPDR Bloomberg Enhanced Roll Yield Commodity Strat... | -0.13 | -0.08 | -0.08 | 50 | Commodities | PPH vs CERY |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from PPH, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to PPH and solid risk/return profiles. The least correlated is Brookfield Renewable Partners L.P. (BEP) (Utilities) with a 1Y correlation of 0.10, down from 0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Brookfield Renewable Partners L.P. | 0.10 | 0.22 | 0.26 | 84 | Utilities | |
| Archer-Daniels-Midland Company | 0.12 | 0.19 | 0.28 | 85 | Consumer Defensive | |
| COMPASS Pathways plc | 0.17 | 0.19 | 0.20 | 87 | Healthcare | |
| RenaissanceRe Holdings Ltd. | 0.18 | 0.26 | 0.31 | 72 | Financial Services | |
| TC Energy Corporation | 0.19 | 0.26 | 0.34 | 94 | Energy |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements PPH
Add PPH to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PPH