Looking to balance out your exposure to PRDSF? The ETFs below have the lowest correlation with PRDSF — they tend to move on their own, which can help reduce risk when PRDSF drops. The stock ideas table highlights individual companies that behave independently from PRDSF.
No Diversifiers Found for PRDSF
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from PRDSF, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to PRDSF and solid risk/return profiles. The least correlated is Archer-Daniels-Midland Company (ADM) (Consumer Defensive) with a 1Y correlation of -0.04, roughly unchanged from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Archer-Daniels-Midland Company | -0.04 | 0.02 | 0.03 | 93 | Consumer Defensive | |
| The Estee Lauder Companies Inc. | 0.04 | 0.08 | 0.10 | 56 | Consumer Defensive |
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