Looking to diversify beyond PSQO? The ETFs below have the lowest correlation with PSQO — 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 PSQO.
Best Diversifiers for PSQO
1042 ETFs have low correlation with PSQO (below 0.3), 32 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| First Trust Alternative Absolute Return Strategy E... | -0.15 | — | — | 67 | Commodities | PSQO vs FAAR | |
| First Trust Global Tactical Commodity Strategy Fun... | -0.13 | — | — | 74 | Commodities | PSQO vs FTGC | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.13 | — | — | 96 | Inflation-Protected Bonds | PSQO vs IBID | |
| GraniteShares Bloomberg Commodity Broad Strategy N... | -0.12 | -0.10 | -0.10 | 52 | Commodities | PSQO vs COMB | |
| iShares Bloomberg Roll Select Commodity Strategy E... | -0.12 | -0.10 | -0.10 | 52 | Commodities | PSQO vs CMDY |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from PSQO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to PSQO and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Everpure, Inc. | 0.09 | — | — | 64 | Technology |
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