Looking to balance out your exposure to PRG? The ETFs below have the lowest correlation with PRG — they tend to move on their own, which can help reduce risk when PRG drops. The stock ideas table highlights individual companies that behave independently from PRG.
Best Diversifiers for PRG
0 ETFs have low correlation with PRG (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.46, roughly unchanged from 0.50 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.46 | 0.44 | 0.50 | 74 | S&P 500 | PRG vs VOO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from PRG, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to PRG and solid risk/return profiles. The least correlated is Enterprise Products Partners L.P. (EPD) (Energy) with a 1Y correlation of 0.02, down from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Enterprise Products Partners L.P. | 0.02 | 0.18 | 0.23 | 88 | Energy | |
| Verizon Communications Inc. | 0.03 | 0.09 | 0.15 | 56 | Communication Services | |
| Nextracker Inc | 0.07 | 0.20 | 0.21 | 91 | Technology | |
| Enerflex Ltd. | 0.07 | 0.21 | 0.20 | 99 | Energy | |
| InterDigital, Inc. | 0.08 | 0.18 | 0.29 | 53 | Communication Services |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements PRG
Add PRG to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PRG