Looking to diversify beyond PRVS? The ETFs below have historically moved differently from PRVS, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for PRVS
164 ETFs have low correlation with PRVS (below 0.3), 45 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.40 | — | — | 61 | Cryptocurrency | PRVS vs BITI | |
| Alpha Architect Tail Risk ETF | -0.35 | — | — | 56 | Options Trading | PRVS vs CAOS | |
| Invesco DB Energy Fund | -0.29 | — | — | 72 | Oil & Gas | PRVS vs DBE | |
| United States Brent Oil Fund LP | -0.28 | — | — | 52 | Oil & Gas | PRVS vs BNO | |
| Invesco DB Oil Fund | -0.26 | — | — | 58 | Oil & Gas | PRVS vs DBO |
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