Looking to diversify beyond PSR? The ETFs below have historically moved differently from PSR, 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 PSR
960 ETFs have low correlation with PSR (below 0.3), 79 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.32, down from -0.19 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.32 | -0.26 | -0.19 | 56 | Leveraged Currency | PSR vs YCS | |
| Invesco DB Energy Fund | -0.19 | -0.13 | 0.00 | 72 | Oil & Gas | PSR vs DBE | |
| United States Brent Oil Fund LP | -0.18 | -0.12 | -0.01 | 52 | Oil & Gas | PSR vs BNO | |
| Invesco DB Oil Fund | -0.17 | -0.11 | 0.01 | 58 | Oil & Gas | PSR vs DBO | |
| United States Gasoline Fund LP | -0.17 | -0.10 | 0.01 | 87 | Oil & Gas | PSR vs UGA |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for PSR, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is AGNC Investment Corp. (AGNCM) (Real Estate) with a 1Y correlation of 0.15, roughly unchanged from 0.24 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| AGNC Investment Corp. | 0.15 | 0.20 | 0.24 | 87 | Real Estate | |
| Blackrock Municipal 2030 Target Term Trust | 0.24 | 0.32 | 0.33 | 65 | Financial Services | |
| EPR Properties | 0.58 | 0.66 | 0.66 | 69 | Real Estate | |
| Realty Income Corporation | 0.69 | 0.71 | 0.75 | 77 | Real Estate |
Build a portfolio that complements PSR
Add PSR to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PSR