Looking to balance out your exposure to PRTS? The ETFs below have the lowest correlation with PRTS — they tend to move on their own, which can help reduce risk when PRTS drops. The stock ideas table highlights individual companies that behave independently from PRTS.
Best Diversifiers for PRTS
1 ETFs have low correlation with PRTS (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 0.22, down from 0.39 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.22 | 0.27 | 0.39 | 70 | S&P 500 | PRTS vs VOO |
Diversification Analysis
Build a portfolio that complements PRTS
Add PRTS to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PRTS