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
1102 ETFs have low correlation with PSQO (below 0.3), 27 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| First Trust Global Tactical Commodity Strategy Fun... | -0.16 | — | — | 53 | Commodities | PSQO vs FTGC | |
| First Trust Alternative Absolute Return Strategy E... | -0.16 | — | — | 70 | Commodities | PSQO vs FAAR | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.15 | — | — | 95 | Inflation-Protected Bonds | PSQO vs IBID | |
| SPDR Bloomberg Enhanced Roll Yield Commodity Strat... | -0.13 | — | — | 50 | Commodities | PSQO vs CERY | |
| Direxion Auspice Broad Commodity Strategy ETF | -0.13 | — | — | 54 | Commodities | PSQO vs COM |
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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 | — | — | 65 | Technology |
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