Looking to balance out your exposure to PRFX? The ETFs below have the lowest correlation with PRFX — they tend to move on their own, which can help reduce risk when PRFX drops. The stock ideas table highlights individual companies that behave independently from PRFX.
Best Diversifiers for PRFX
0 ETFs have low correlation with PRFX (below 0.3), 0 of which are negatively correlated. The least correlated is Schwab Fundamental US Small Co. Index ETF (FNDA) (Small Cap Blend Equities) with a 1Y correlation of 0.32, roughly unchanged from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Schwab Fundamental US Small Co. Index ETF | 0.32 | 0.25 | 0.22 | 56 | Small Cap Blend Equities | PRFX vs FNDA | |
| Schwab Fundamental U.S. Large Company Index ETF | 0.32 | 0.24 | 0.20 | 90 | Large Cap Value Equities | PRFX vs FNDX |
Diversification Analysis
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