Looking to diversify beyond PRXG? The ETFs below have the lowest correlation with PRXG — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from PRXG.
Best Diversifiers for PRXG
217 ETFs have low correlation with PRXG (below 0.3), 51 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.31, roughly unchanged from -0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.31 | -0.23 | -0.23 | 71 | Oil & Gas | PRXG vs DBE | |
| United States Brent Oil Fund LP | -0.30 | — | — | 65 | Oil & Gas | PRXG vs BNO | |
| Invesco DB Oil Fund | -0.26 | -0.18 | -0.18 | 65 | Oil & Gas | PRXG vs DBO | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.25 | -0.25 | -0.25 | 98 | Inflation-Protected Bonds | PRXG vs IBIC | |
| iShares Commodities Select Strategy ETF | -0.22 | — | — | 71 | Commodities | PRXG vs COMT |
See all 1150 diversifiers for PRXG
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements PRXG
Add PRXG to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PRXG