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
287 ETFs have low correlation with PSC (below 0.3), 64 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.29, down from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.29 | -0.03 | 0.13 | 71 | Oil & Gas | PSC vs DBE | |
| United States Oil Fund LP | -0.29 | -0.02 | 0.12 | 66 | Oil & Gas | PSC vs USO | |
| United States Brent Oil Fund LP | -0.26 | -0.01 | 0.12 | 65 | Oil & Gas | PSC vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.26 | — | — | 56 | Derivative Income | PSC vs USOY | |
| United States 12 Month Oil Fund LP | -0.25 | 0.01 | 0.15 | 56 | Oil & Gas | PSC vs USL |
To view more results, upgrade your current subscription plan.
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) (Technology) with a 1Y correlation of 0.54, roughly unchanged from 0.56 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Robinhood Markets, Inc. | 0.54 | 0.56 | — | 54 | Technology |
Build a portfolio that complements PSC
Add PSC to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PSC