Looking to diversify beyond PRNT? The ETFs below have the lowest correlation with PRNT — 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 PRNT.
Best Diversifiers for PRNT
217 ETFs have low correlation with PRNT (below 0.3), 35 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.27, down from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.27 | -0.03 | 0.09 | 71 | Oil & Gas | PRNT vs DBE | |
| United States Brent Oil Fund LP | -0.26 | -0.02 | 0.08 | 65 | Oil & Gas | PRNT vs BNO | |
| Invesco DB Oil Fund | -0.22 | -0.01 | 0.09 | 65 | Oil & Gas | PRNT vs DBO | |
| iShares Commodities Select Strategy ETF | -0.18 | 0.04 | 0.14 | 71 | Commodities | PRNT vs COMT | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.17 | 0.05 | 0.15 | 71 | Commodities | PRNT vs GSG |
See all 1157 diversifiers for PRNT
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