Looking to diversify beyond PSH? The ETFs below have the lowest correlation with PSH — 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 PSH.
Best Diversifiers for PSH
178 ETFs have low correlation with PSH (below 0.3), 38 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.31 | — | — | 57 | Cryptocurrency | PSH vs BITI | |
| Invesco DB Energy Fund | -0.25 | — | — | 53 | Oil & Gas | PSH vs DBE | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.19 | — | — | 51 | Commodities | PSH vs GSG | |
| DoubleLine Commodity Strategy ETF | -0.18 | — | — | 51 | Commodities | PSH vs DCMT | |
| iShares Enhanced Short-Term Bond Active ETF | -0.15 | — | — | 99 | Ultrashort Bond | PSH vs CSHP |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from PSH, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to PSH and solid risk/return profiles. The least correlated is Berkshire Hathaway Inc. (BRK-B) (Financial Services) with a 1Y correlation of 0.08, down from 0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Berkshire Hathaway Inc. | 0.08 | 0.24 | 0.24 | 53 | Financial Services |
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