Looking to diversify beyond PSWD? The ETFs below have the lowest correlation with PSWD — 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 PSWD.
Best Diversifiers for PSWD
345 ETFs have low correlation with PSWD (below 0.3), 44 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.16 | — | — | 71 | Oil & Gas | PSWD vs DBE | |
| Breakwave Tanker Shipping ETF | -0.15 | — | — | 99 | Commodities | PSWD vs BWET | |
| United States Brent Oil Fund LP | -0.15 | — | — | 65 | Oil & Gas | PSWD vs BNO | |
| Invesco DB Oil Fund | -0.14 | — | — | 65 | Oil & Gas | PSWD vs DBO | |
| iShares Diversified Commodity Swap UCITS ETF | -0.12 | — | — | 83 | Commodities | PSWD vs ISCMF |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements PSWD
Add PSWD to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PSWD