Looking to diversify beyond PST? The ETFs below have historically moved differently from PST, 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 PST
1616 ETFs have low correlation with PST (below 0.3), 1538 of which are negatively correlated. The least correlated is iShares Core 1-5 Year USD Bond ETF (ISTB) (Short-Term Bond) with a 1Y correlation of -0.91, roughly unchanged from -0.88 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Core 1-5 Year USD Bond ETF | -0.91 | -0.90 | -0.88 | 66 | Short-Term Bond | PST vs ISTB | |
| Vanguard Short-Term Bond Index Fund ETF Shares | -0.90 | -0.89 | -0.88 | 54 | Short-Term Bond | PST vs BSV | |
| JPMorgan Short Duration Core Plus ETF | -0.88 | -0.85 | -0.77 | 80 | Short-Term Bond | PST vs JSCP | |
| Astoria Dynamic Core US Fixed Income ETF | -0.87 | — | — | 51 | Multisector Bonds | PST vs AGGA | |
| Vanguard Short-Term Corporate Bond ETF | -0.87 | -0.86 | -0.84 | 68 | Corporate Bonds | PST vs VCSH |
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