Looking to balance out your exposure to PRX.AS? The ETFs below have historically moved differently from PRX.AS, 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 PRX.AS
0 ETFs have low correlation with PRX.AS (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 UCITS ETF (VUSA.AS) (S&P 500) with a 1Y correlation of 0.35, roughly unchanged from 0.36 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 UCITS ETF | 0.35 | 0.34 | 0.36 | 64 | S&P 500 | PRX.AS vs VUSA.AS |
Diversification Analysis
Build a portfolio that complements PRX.AS
Add PRX.AS to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PRX.AS