Looking to balance out your exposure to PSMMY? The ETFs below have the lowest correlation with PSMMY — they tend to move on their own, which can help reduce risk when PSMMY drops. The stock ideas table highlights individual companies that behave independently from PSMMY.
No Diversifiers Found for PSMMY
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 PSMMY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to PSMMY and solid risk/return profiles. The least correlated is AGNC Investment Corp. (AGNC) (Real Estate) with a 1Y correlation of 0.43, roughly unchanged from 0.36 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| AGNC Investment Corp. | 0.43 | 0.39 | 0.36 | 76 | Real Estate |
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