Looking to diversify beyond PSI? The ETFs below have historically moved differently from PSI, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for PSI
454 ETFs have low correlation with PSI (below 0.3), 89 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.43, down from -0.33 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.43 | -0.33 | — | 51 | Cryptocurrency | PSI vs BITI | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.35 | — | — | 69 | Derivative Income | PSI vs WNTR | |
| iShares U.S. Insurance ETF | -0.22 | -0.01 | 0.19 | 54 | Financials Equities | PSI vs IAK | |
| WisdomTree Floating Rate Treasury Fund | -0.19 | -0.11 | -0.06 | 100 | Government Bonds, Ultrashort Bond | PSI vs USFR | |
| Texas Capital Government Money Market ETF | -0.19 | — | — | 100 | Money Market | PSI vs MMKT |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for PSI, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.34, down from -0.08 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.34 | -0.19 | -0.08 | 66 | Consumer Defensive | |
| Chubb Limited | -0.33 | -0.13 | 0.05 | 87 | Financial Services | |
| Colgate-Palmolive Company | -0.31 | -0.20 | -0.08 | 57 | Consumer Defensive | |
| The Coca-Cola Company | -0.27 | -0.16 | -0.02 | 87 | Consumer Defensive | |
| Verizon Communications Inc. | -0.25 | -0.16 | -0.06 | 66 | Communication Services |
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