Looking to diversify beyond PRAE? The ETFs below have the lowest correlation with PRAE — 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 PRAE.
Best Diversifiers for PRAE
194 ETFs have low correlation with PRAE (below 0.3), 18 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.42, roughly unchanged from -0.36 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.42 | -0.36 | -0.36 | 57 | Cryptocurrency | PRAE vs BITI | |
| Global X 1-3 Month T-Bill ETF | -0.12 | — | — | 100 | Ultrashort Bond | PRAE vs CLIP | |
| Invesco DB Energy Fund | -0.11 | — | — | 53 | Oil & Gas | PRAE vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.11 | — | — | 98 | Inflation-Protected Bonds | PRAE vs IBIC | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.08 | -0.05 | -0.05 | 100 | Government Bonds, Ultrashort Bond | PRAE vs BIL |
See all 1129 diversifiers for PRAE
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