Looking to diversify beyond PSDM? The ETFs below have the lowest correlation with PSDM — 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 PSDM.
Best Diversifiers for PSDM
519 ETFs have low correlation with PSDM (below 0.3), 39 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.50 | — | — | 63 | Leveraged Currency | PSDM vs YCS | |
| United States Gasoline Fund LP | -0.36 | — | — | 55 | Oil & Gas | PSDM vs UGA | |
| Fidelity Managed Futures ETF | -0.35 | — | — | 64 | Systematic Trend | PSDM vs FFUT | |
| VanEck Commodity Strategy ETF | -0.19 | — | — | 57 | Commodities | PSDM vs PIT | |
| PIMCO Commodity Strategy Active Exchange-Traded Fu... | -0.19 | — | — | 50 | Commodities | PSDM vs CMDT |
See all 1470 diversifiers for PSDM
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Diversification Analysis
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