Looking to balance out your exposure to PSKY? The ETFs below have the lowest correlation with PSKY — they tend to move on their own, which can help reduce risk when PSKY drops. The stock ideas table highlights individual companies that behave independently from PSKY.
No Diversifiers Found for PSKY
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from PSKY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to PSKY and solid risk/return profiles. The least correlated is United Parcel Service, Inc. (UPS) (Industrials) with a 1Y correlation of 0.10, roughly unchanged from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| United Parcel Service, Inc. | 0.10 | 0.10 | 0.10 | 57 | Industrials | |
| Apple Inc | 0.17 | 0.17 | 0.17 | 89 | Technology |
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