Looking to diversify beyond PRXG? The ETFs below have historically moved differently from PRXG, 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 PRXG
228 ETFs have low correlation with PRXG (below 0.3), 48 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.28 | — | — | 54 | Oil & Gas | PRXG vs DBE | |
| Strive U.S. Energy ETF | -0.26 | — | — | 53 | Energy Equities | PRXG vs DRLL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.25 | -0.25 | -0.25 | 98 | Inflation-Protected Bonds | PRXG vs IBIC | |
| Direxion Daily Energy Bull 2X Shares | -0.22 | — | — | 56 | Energy Equities, Leveraged Equities | PRXG vs ERX | |
| ProShares Ultra Energy | -0.22 | -0.11 | -0.11 | 56 | Leveraged Equities | PRXG vs DIG |
See all 1197 diversifiers for PRXG
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