Looking to diversify beyond PPIE? The ETFs below have the lowest correlation with PPIE — 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 PPIE.
Best Diversifiers for PPIE
163 ETFs have low correlation with PPIE (below 0.3), 43 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.36, down from -0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.36 | -0.09 | -0.04 | 71 | Oil & Gas | PPIE vs DBE | |
| United States Brent Oil Fund LP | -0.36 | -0.08 | — | 65 | Oil & Gas | PPIE vs BNO | |
| Invesco DB Oil Fund | -0.32 | -0.06 | — | 65 | Oil & Gas | PPIE vs DBO | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.23 | 0.02 | 0.07 | 71 | Commodities | PPIE vs GSG | |
| iShares Commodities Select Strategy ETF | -0.23 | 0.03 | — | 71 | Commodities | PPIE vs COMT |
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