Looking to diversify beyond PSC? The ETFs below have the lowest correlation with PSC — 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 PSC.
Best Diversifiers for PSC
249 ETFs have low correlation with PSC (below 0.3), 60 of which are negatively correlated. The least correlated is T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) (Inverse Equities) with a 1Y correlation of -0.43, roughly unchanged from -0.41 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.43 | -0.41 | -0.41 | 68 | Inverse Equities, Leveraged Equities | PSC vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.42 | -0.36 | -0.39 | 57 | Cryptocurrency | PSC vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.41 | -0.40 | -0.40 | 52 | Cryptocurrency, Leveraged Cryptocurrency | PSC vs SBIT | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.39 | — | — | 70 | Derivative Income | PSC vs WNTR | |
| Invesco DB Energy Fund | -0.30 | -0.06 | 0.11 | 53 | Oil & Gas | PSC vs DBE |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from PSC, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to PSC and solid risk/return profiles. The least correlated is Robinhood Markets, Inc. (HOOD) (Financial Services) with a 1Y correlation of 0.52, roughly unchanged from 0.55 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Robinhood Markets, Inc. | 0.52 | 0.55 | — | 52 | Financial Services |
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