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
421 ETFs have low correlation with PPTY (below 0.3), 31 of which are negatively correlated. The least correlated is United States Brent Oil Fund LP (BNO) (Oil & Gas) with a 1Y correlation of -0.21, down from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Brent Oil Fund LP | -0.21 | -0.08 | 0.03 | 65 | Oil & Gas | PPTY vs BNO | |
| Invesco DB Energy Fund | -0.20 | -0.08 | 0.05 | 71 | Oil & Gas | PPTY vs DBE | |
| Invesco DB Oil Fund | -0.19 | -0.07 | 0.05 | 65 | Oil & Gas | PPTY vs DBO | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.18 | -0.04 | 0.07 | 72 | Commodities | PPTY vs GSG | |
| iShares Commodities Select Strategy ETF | -0.17 | -0.05 | 0.07 | 72 | Commodities | PPTY vs COMT |
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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 0.43, down from 0.65 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Welltower Inc. | 0.43 | 0.58 | 0.65 | 75 | Real Estate |
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