Looking to diversify beyond PRAE? The ETFs below have historically moved differently from PRAE, 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 PRAE
231 ETFs have low correlation with PRAE (below 0.3), 20 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.43 | — | — | 51 | Cryptocurrency | PRAE vs BITI | |
| Global X 1-3 Month T-Bill ETF | -0.12 | — | — | 100 | Ultrashort Bond | PRAE vs CLIP | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.12 | — | — | 98 | Inflation-Protected Bonds | PRAE vs IBIC | |
| Invesco DB Energy Fund | -0.11 | — | — | 66 | Oil & Gas | PRAE vs DBE | |
| iShares U.S. Insurance ETF | -0.07 | 0.17 | 0.17 | 54 | Financials Equities | PRAE vs IAK |
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