Looking to diversify beyond PSMD? The ETFs below have the lowest correlation with PSMD — 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 PSMD.
Best Diversifiers for PSMD
156 ETFs have low correlation with PSMD (below 0.3), 14 of which are negatively correlated. The least correlated is iShares iBonds Oct 2026 Term TIPS ETF (IBIC) (Inflation-Protected Bonds) with a 1Y correlation of -0.14, down from -0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares iBonds Oct 2026 Term TIPS ETF | -0.14 | -0.01 | -0.01 | 98 | Inflation-Protected Bonds | PSMD vs IBIC | |
| Brookstone Ultra-Short Bond ETF | -0.09 | 0.00 | 0.00 | 98 | Ultrashort Bond | PSMD vs BAMU | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.09 | 0.02 | 0.02 | 95 | Inflation-Protected Bonds | PSMD vs IBID | |
| iShares Enhanced Short-Term Bond Active ETF | -0.07 | 0.04 | 0.04 | 99 | Ultrashort Bond | PSMD vs CSHP | |
| Alerian Energy Infrastructure ETF | -0.06 | 0.27 | 0.40 | 57 | Energy Equities | PSMD vs ENFR |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from PSMD, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to PSMD and solid risk/return profiles. The least correlated is Walmart Inc. (WMT) (Consumer Defensive) with a 1Y correlation of 0.04, down from 0.29 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Walmart Inc. | 0.04 | 0.20 | 0.29 | 69 | Consumer Defensive |
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