Looking to diversify beyond PPI? The ETFs below have the lowest correlation with PPI — 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 PPI.
Best Diversifiers for PPI
7 ETFs have low correlation with PPI (below 0.3), 7 of which are negatively correlated. The least correlated is Avantis International Small Cap Value ETF (AVDV) (Foreign Small & Mid Cap Equities) with a 1Y correlation of -1.00, roughly unchanged from -1.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Avantis International Small Cap Value ETF | -1.00 | -1.00 | -1.00 | 78 | Foreign Small & Mid Cap Equities | PPI vs AVDV | |
| iShares J.P. Morgan USD Emerging Markets Bond ETF | -1.00 | -1.00 | -1.00 | 61 | Emerging Markets Bonds | PPI vs EMB | |
| MarketDesk Focused U.S. Momentum ETF | -1.00 | -1.00 | -1.00 | 82 | Momentum, Large Cap Growth Equities | PPI vs FMTM | |
| Franklin Short Duration U.S. Government ETF | -1.00 | -1.00 | -1.00 | 95 | Mortgage Backed Securities | PPI vs FTSD | |
| Vanguard Information Technology ETF | -0.80 | -0.80 | -0.80 | 76 | Technology Equities | PPI vs VGT |
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