Looking to diversify beyond PSWD? The ETFs below have historically moved differently from PSWD, 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 PSWD
436 ETFs have low correlation with PSWD (below 0.3), 51 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.34, roughly unchanged from -0.28 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.34 | -0.28 | — | 61 | Cryptocurrency | PSWD vs BITI | |
| Alpha Architect Tail Risk ETF | -0.20 | -0.04 | — | 56 | Options Trading | PSWD vs CAOS | |
| Invesco DB Energy Fund | -0.14 | -0.04 | — | 72 | Oil & Gas | PSWD vs DBE | |
| iShares Core High Dividend ETF | -0.14 | 0.13 | 0.13 | 92 | Dividend, Large Cap Value Equities | PSWD vs HDV | |
| Breakwave Tanker Shipping ETF | -0.13 | -0.06 | — | 99 | Commodities | PSWD vs BWET |
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