Looking to diversify beyond PRIV? The ETFs below have the lowest correlation with PRIV — 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 PRIV.
Best Diversifiers for PRIV
736 ETFs have low correlation with PRIV (below 0.3), 50 of which are negatively correlated. The least correlated is United States Brent Oil Fund LP (BNO) (Oil & Gas) with a 1Y correlation of -0.43, roughly unchanged from -0.35 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Brent Oil Fund LP | -0.43 | -0.35 | -0.35 | 65 | Oil & Gas | PRIV vs BNO | |
| Invesco DB Energy Fund | -0.42 | — | — | 71 | Oil & Gas | PRIV vs DBE | |
| Invesco DB Oil Fund | -0.41 | — | — | 65 | Oil & Gas | PRIV vs DBO | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.38 | — | — | 71 | Commodities | PRIV vs GSG | |
| iShares Commodities Select Strategy ETF | -0.38 | — | — | 71 | Commodities | PRIV vs COMT |
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