Looking to diversify beyond PPLT? The ETFs below have the lowest correlation with PPLT — 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 PPLT.
Best Diversifiers for PPLT
750 ETFs have low correlation with PPLT (below 0.3), 29 of which are negatively correlated. The least correlated is F/m US Treasury 3 Month Bill ETF (TBIL) (Ultrashort Bond) with a 1Y correlation of -0.16, roughly unchanged from -0.07 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| F/m US Treasury 3 Month Bill ETF | -0.16 | -0.07 | — | 100 | Ultrashort Bond | PPLT vs TBIL | |
| ProShares UltraShort Yen | -0.14 | -0.15 | -0.20 | 63 | Leveraged Currency | PPLT vs YCS | |
| Roundhill Weekly T-Bill ETF | -0.12 | — | — | 99 | Ultrashort Bond | PPLT vs WEEK | |
| TCW AAA CLO ETF | -0.12 | — | — | 99 | CLO | PPLT vs ACLO | |
| Brookstone Ultra-Short Bond ETF | -0.11 | — | — | 98 | Ultrashort Bond | PPLT vs BAMU |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from PPLT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to PPLT and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of -0.01, down from 0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | -0.01 | 0.07 | 0.17 | 72 | Energy | |
| CVS Health Corporation | 0.02 | 0.06 | 0.10 | 85 | Healthcare | |
| TotalEnergies SE | 0.02 | 0.15 | 0.18 | 79 | Energy | |
| Kinder Morgan, Inc. | 0.05 | 0.11 | 0.20 | 72 | Energy | |
| Valaris Limited | 0.06 | 0.16 | 0.19 | 81 | Energy |
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