Looking to balance out your exposure to PRRFY? The ETFs below have the lowest correlation with PRRFY — they tend to move on their own, which can help reduce risk when PRRFY drops. The stock ideas table highlights individual companies that behave independently from PRRFY.
Best Diversifiers for PRRFY
1 ETFs have low correlation with PRRFY (below 0.3), 1 of which are negatively correlated. The least correlated is State Street SPDR S&P 500 ETF (SPY) (S&P 500) with a 1Y correlation of -0.05, roughly unchanged from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | -0.05 | 0.06 | 0.04 | 70 | S&P 500 | PRRFY vs SPY |
Build a portfolio that complements PRRFY
Add PRRFY to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PRRFY