Looking to diversify beyond PSMO? The ETFs below have historically moved differently from PSMO, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for PSMO
230 ETFs have low correlation with PSMO (below 0.3), 39 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.48, down from -0.36 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.48 | -0.36 | — | 61 | Cryptocurrency | PSMO vs BITI | |
| Alpha Architect Tail Risk ETF | -0.35 | -0.10 | — | 56 | Options Trading | PSMO vs CAOS | |
| Invesco DB Energy Fund | -0.25 | -0.09 | — | 72 | Oil & Gas | PSMO vs DBE | |
| United States Brent Oil Fund LP | -0.22 | -0.07 | — | 52 | Oil & Gas | PSMO vs BNO | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.20 | — | — | 98 | Inflation-Protected Bonds | PSMO vs IBIC |
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