Looking to balance out your exposure to PPRUY? The ETFs below have historically moved differently from PPRUY, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for PPRUY
2 ETFs have low correlation with PPRUY (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.29, down from 0.42 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.29 | 0.31 | 0.42 | 68 | S&P 500 | PPRUY vs VOO | |
| State Street SPDR S&P 500 ETF | 0.29 | 0.31 | 0.42 | 67 | S&P 500 | PPRUY vs SPY |
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for PPRUY, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Prologis, Inc. (PLD) (Real Estate) with a 1Y correlation of 0.26, roughly unchanged from 0.36 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Prologis, Inc. | 0.26 | 0.32 | 0.36 | 90 | Real Estate | |
| Host Hotels & Resorts, Inc. | 0.37 | 0.33 | 0.38 | 96 | Real Estate |
Build a portfolio that complements PPRUY
Add PPRUY to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PPRUY