Looking to balance out your exposure to PSA? The ETFs below have the lowest correlation with PSA — they tend to move on their own, which can help reduce risk when PSA drops. The stock ideas table highlights individual companies that behave independently from PSA.
Best Diversifiers for PSA
9 ETFs have low correlation with PSA (below 0.3), 0 of which are negatively correlated. The least correlated is iShares 0-3 Month Treasury Bond ETF (SGOV) (Ultrashort Bond) with a 1Y correlation of 0.02, roughly unchanged from -0.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | 0.02 | 0.05 | -0.00 | 100 | Ultrashort Bond | PSA vs SGOV | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | 0.08 | 0.01 | -0.01 | 100 | Government Bonds, Ultrashort Bond | PSA vs BIL | |
| Invesco QQQ ETF | 0.10 | 0.17 | 0.26 | 73 | Nasdaq-100 | PSA vs QQQ | |
| iShares 0-1 Year Treasury Bond ETF | 0.15 | 0.15 | 0.10 | 100 | Government Bonds, Ultrashort Bond | PSA vs SHV | |
| iShares MSCI All Country Asia ex-Japan ETF | 0.18 | 0.25 | 0.23 | 84 | Asia Pacific Equities | PSA vs AAXJ |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from PSA, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to PSA and solid risk/return profiles. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of -0.11, down from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | -0.11 | -0.05 | 0.08 | 78 | Technology | |
| CrowdStrike Holdings, Inc. | -0.07 | 0.02 | 0.11 | 70 | Technology | |
| Broadcom Inc. | -0.05 | 0.05 | 0.14 | 84 | Technology | |
| Oracle Corporation | -0.05 | 0.09 | 0.18 | 58 | Technology | |
| Cisco Systems, Inc. | -0.01 | 0.18 | 0.27 | 95 | Technology |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements PSA
Add PSA to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PSA