Looking to diversify beyond PSCE? The ETFs below have the lowest correlation with PSCE — 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 PSCE.
Best Diversifiers for PSCE
1426 ETFs have low correlation with PSCE (below 0.3), 228 of which are negatively correlated. The least correlated is Invesco BulletShares 2032 Municipal Bond ETF (BSMW) (Municipal Bonds) with a 1Y correlation of -0.30, down from -0.08 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco BulletShares 2032 Municipal Bond ETF | -0.30 | -0.08 | — | 64 | Municipal Bonds | PSCE vs BSMW | |
| FlexShares Ultra-Short Income ETF | -0.25 | -0.07 | -0.01 | 99 | Ultrashort Bond | PSCE vs RAVI | |
| Franklin Short Duration U.S. Government ETF | -0.25 | -0.09 | -0.08 | 94 | Mortgage Backed Securities | PSCE vs FTSD | |
| Avantis Credit ETF | -0.23 | — | — | 50 | Global Bonds | PSCE vs AVGB | |
| SPDR Portfolio Short Term Treasury ETF | -0.22 | -0.14 | -0.11 | 80 | Government Bonds, Short-Term Bond | PSCE vs SPTS |
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