Looking to diversify beyond PTEU? The ETFs below have the lowest correlation with PTEU — 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 PTEU.
Best Diversifiers for PTEU
167 ETFs have low correlation with PTEU (below 0.3), 42 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.44, down from -0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.44 | -0.14 | -0.01 | 71 | Oil & Gas | PTEU vs DBE | |
| United States Brent Oil Fund LP | -0.43 | -0.12 | -0.01 | 65 | Oil & Gas | PTEU vs BNO | |
| Invesco DB Oil Fund | -0.39 | -0.10 | 0.02 | 65 | Oil & Gas | PTEU vs DBO | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.30 | -0.01 | 0.07 | 71 | Commodities | PTEU vs GSG | |
| iShares Commodities Select Strategy ETF | -0.30 | -0.01 | 0.07 | 71 | Commodities | PTEU vs COMT |
See all 1150 diversifiers for PTEU
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements PTEU
Add PTEU to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PTEU