Looking to diversify beyond PRFZ? The ETFs below have the lowest correlation with PRFZ — 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 PRFZ.
Best Diversifiers for PRFZ
219 ETFs have low correlation with PRFZ (below 0.3), 51 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.43 | — | — | 60 | Inverse Equities, Leveraged Equities | PRFZ vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.40 | — | — | 65 | Derivative Income | PRFZ vs WNTR | |
| United States Gasoline Fund LP | -0.22 | -0.01 | 0.12 | 72 | Oil & Gas | PRFZ vs UGA | |
| WisdomTree Floating Rate Treasury Fund | -0.18 | -0.05 | -0.03 | 100 | Government Bonds, Ultrashort Bond | PRFZ vs USFR | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.17 | — | — | 97 | Inflation-Protected Bonds | PRFZ vs RBIL |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from PRFZ, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to PRFZ and solid risk/return profiles. The least correlated is Rivian Automotive, Inc. (RIVN) (Consumer Cyclical) with a 1Y correlation of 0.41, down from 0.52 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Rivian Automotive, Inc. | 0.41 | 0.48 | 0.52 | 62 | Consumer Cyclical | |
| BlackRock Science and Technology Term Trust | 0.53 | 0.60 | 0.66 | 93 | Financial Services | |
| Meta Financial Group, Inc. | 0.53 | 0.61 | 0.67 | 52 | Financial Services | |
| Royce Value Trust Inc. | 0.85 | 0.88 | 0.89 | 83 | Financial Services |
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