Looking to diversify beyond PPTY? The ETFs below have the lowest correlation with PPTY — 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 PPTY.
Best Diversifiers for PPTY
535 ETFs have low correlation with PPTY (below 0.3), 35 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.22, down from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.22 | -0.12 | 0.03 | 53 | Oil & Gas | PPTY vs DBE | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.20 | -0.07 | 0.06 | 51 | Commodities | PPTY vs GSG | |
| Invesco DB Commodity Index Tracking Fund | -0.18 | -0.05 | 0.07 | 54 | Commodities | PPTY vs DBC | |
| DoubleLine Commodity Strategy ETF | -0.17 | -0.06 | -0.06 | 51 | Commodities | PPTY vs DCMT | |
| ProShares Short Bitcoin ETF | -0.16 | -0.21 | -0.25 | 57 | Cryptocurrency | PPTY vs BITI |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from PPTY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to PPTY and solid risk/return profiles. The least correlated is Welltower Inc. (WELL) (Real Estate) with a 1Y correlation of 0.50, down from 0.65 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Welltower Inc. | 0.50 | 0.58 | 0.65 | 92 | Real Estate |
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