Looking to diversify beyond PSET? The ETFs below have the lowest correlation with PSET — 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 PSET.
Best Diversifiers for PSET
276 ETFs have low correlation with PSET (below 0.3), 66 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.33, down from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.33 | -0.10 | 0.05 | 71 | Oil & Gas | PSET vs DBE | |
| United States Oil Fund LP | -0.31 | -0.10 | 0.03 | 66 | Oil & Gas | PSET vs USO | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.31 | -0.08 | 0.05 | 55 | Oil & Gas | PSET vs OILK | |
| United States Brent Oil Fund LP | -0.31 | -0.09 | 0.03 | 65 | Oil & Gas | PSET vs BNO | |
| United States 12 Month Oil Fund LP | -0.31 | -0.07 | 0.06 | 56 | Oil & Gas | PSET vs USL |
See all 1593 diversifiers for PSET
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements PSET
Add PSET to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PSET