Looking to diversify beyond PSMJ? The ETFs below have the lowest correlation with PSMJ — 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 PSMJ.
Best Diversifiers for PSMJ
188 ETFs have low correlation with PSMJ (below 0.3), 40 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.26, down from -0.04 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.26 | -0.04 | — | 71 | Oil & Gas | PSMJ vs DBE | |
| United States Brent Oil Fund LP | -0.24 | -0.03 | — | 65 | Oil & Gas | PSMJ vs BNO | |
| Invesco DB Oil Fund | -0.22 | -0.01 | — | 65 | Oil & Gas | PSMJ vs DBO | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.19 | — | — | 98 | Inflation-Protected Bonds | PSMJ vs IBIC | |
| iShares Commodities Select Strategy ETF | -0.17 | 0.03 | 0.12 | 72 | Commodities | PSMJ vs COMT |
See all 1209 diversifiers for PSMJ
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