Looking to diversify beyond PSQO? The ETFs below have historically moved differently from PSQO, 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 PSQO
1148 ETFs have low correlation with PSQO (below 0.3), 59 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Alpha Architect Tail Risk ETF | -0.21 | — | — | 56 | Options Trading | PSQO vs CAOS | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.19 | — | — | 58 | Commodities | PSQO vs COMT | |
| United States Brent Oil Fund LP | -0.18 | — | — | 52 | Oil & Gas | PSQO vs BNO | |
| Invesco DB Energy Fund | -0.18 | — | — | 72 | Oil & Gas | PSQO vs DBE | |
| Invesco DB Oil Fund | -0.18 | — | — | 58 | Oil & Gas | PSQO vs DBO |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for PSQO, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Everpure, Inc. | 0.14 | — | — | 61 | Technology |
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