Looking to diversify beyond PSIL? The ETFs below have the lowest correlation with PSIL — 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 PSIL.
Best Diversifiers for PSIL
422 ETFs have low correlation with PSIL (below 0.3), 40 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares iBonds Oct 2027 Term TIPS ETF | -0.16 | — | — | 96 | Inflation-Protected Bonds | PSIL vs IBID | |
| PIMCO Ultra Short Government Active Exchange-Trade... | -0.13 | -0.07 | — | 100 | Ultrashort Bond | PSIL vs BILZ | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.11 | — | — | 98 | Inflation-Protected Bonds | PSIL vs IBIC | |
| TCW AAA CLO ETF | -0.09 | 0.01 | 0.01 | 99 | CLO | PSIL vs ACLO | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.08 | -0.05 | — | 100 | Government Bonds, Ultrashort Bond | PSIL vs BIL |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from PSIL, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to PSIL and solid risk/return profiles. The least correlated is Mueller Industries, Inc. (MLI) (Industrials) with a 1Y correlation of 0.15, down from 0.26 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Mueller Industries, Inc. | 0.15 | 0.26 | — | 75 | Industrials | |
| Alkermes plc | 0.27 | 0.23 | — | 86 | Healthcare | |
| Definium Therapeutics, Inc | 0.62 | 0.58 | — | 99 | Healthcare | |
| COMPASS Pathways plc | 0.68 | 0.56 | 0.57 | 96 | Healthcare |
Build a portfolio that complements PSIL
Add PSIL to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PSIL