Looking to diversify beyond PSCC? The ETFs below have the lowest correlation with PSCC — 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 PSCC.
Best Diversifiers for PSCC
1131 ETFs have low correlation with PSCC (below 0.3), 93 of which are negatively correlated. The least correlated is Direxion Daily MU Bull 2X Shares (MUU) (Leveraged Equities) with a 1Y correlation of -0.60, roughly unchanged from -0.60 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | -0.60 | -0.60 | -0.60 | 99 | Leveraged Equities, Semiconductors | PSCC vs MUU | |
| Invesco DB Energy Fund | -0.24 | -0.11 | 0.01 | 53 | Oil & Gas | PSCC vs DBE | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.22 | -0.07 | 0.03 | 51 | Commodities | PSCC vs GSG | |
| ProShares UltraShort Yen | -0.21 | -0.13 | -0.08 | 72 | Leveraged Currency | PSCC vs YCS | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.20 | -0.05 | 0.04 | 55 | Commodities | PSCC vs PDBC |
See all 1548 diversifiers for PSCC
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Diversification Analysis
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