Looking to balance out your exposure to PSMT? The ETFs below have the lowest correlation with PSMT — they tend to move on their own, which can help reduce risk when PSMT drops. The stock ideas table highlights individual companies that behave independently from PSMT.
No Diversifiers Found for PSMT
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 PSMT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to PSMT and solid risk/return profiles. The least correlated is Oracle Corporation (ORCL) (Technology) with a 1Y correlation of 0.00, down from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Oracle Corporation | 0.00 | 0.15 | 0.22 | 58 | Technology | |
| Amazon.com, Inc | 0.12 | 0.18 | 0.28 | 60 | Consumer Cyclical | |
| Mitsubishi UFJ Financial Group, Inc. | 0.22 | 0.18 | 0.24 | 79 | Financial Services | |
| Target Corporation | 0.27 | 0.34 | 0.39 | 71 | Consumer Defensive | |
| Comfort Systems USA, Inc. | 0.30 | 0.30 | 0.37 | 98 | Industrials |
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