Looking to balance out your exposure to PSTL? The ETFs below have the lowest correlation with PSTL — they tend to move on their own, which can help reduce risk when PSTL drops. The stock ideas table highlights individual companies that behave independently from PSTL.
Best Diversifiers for PSTL
6 ETFs have low correlation with PSTL (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco QQQ ETF (QQQ) (Nasdaq-100) with a 1Y correlation of 0.01, down from 0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | 0.01 | 0.15 | 0.26 | 64 | Nasdaq-100 | PSTL vs QQQ | |
| Vanguard S&P 500 ETF | 0.08 | 0.26 | 0.36 | 63 | S&P 500 | PSTL vs VOO | |
| State Street SPDR S&P 500 ETF | 0.08 | 0.26 | 0.36 | 63 | S&P 500 | PSTL vs SPY | |
| SPDR S&P Metals & Mining ETF | 0.09 | 0.22 | 0.29 | 59 | Materials | PSTL vs XME | |
| Amplify CWP International Enhanced Dividend Income... | 0.20 | 0.24 | 0.28 | 66 | Derivative Income, Dividend, Foreign Large Cap Equities | PSTL vs IDVO |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from PSTL, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to PSTL and solid risk/return profiles. The least correlated is Advanced Energy Industries, Inc. (AEIS) (Industrials) with a 1Y correlation of 0.12, down from 0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Advanced Energy Industries, Inc. | 0.12 | 0.23 | 0.27 | 96 | Industrials | |
| Dynex Capital, Inc. | 0.33 | 0.38 | 0.38 | 79 | Real Estate | |
| Sabra Health Care REIT, Inc. | 0.38 | 0.41 | 0.43 | 60 | Real Estate | |
| Easterly Government Properties, Inc. | 0.49 | 0.54 | 0.52 | 69 | Real Estate | |
| W. P. Carey Inc. | 0.50 | 0.49 | 0.48 | 80 | Real Estate |
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Build a portfolio that complements PSTL
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