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
162 ETFs have low correlation with PTEU (below 0.3), 41 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.39, down from -0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.39 | -0.14 | -0.01 | 57 | Oil & Gas | PTEU vs DBE | |
| ProShares Short Bitcoin ETF | -0.35 | -0.30 | — | 53 | Cryptocurrency | PTEU vs BITI | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.26 | -0.03 | 0.06 | 52 | Commodities | PTEU vs COMT | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.25 | -0.03 | 0.07 | 56 | Commodities | PTEU vs GSG | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.21 | — | — | 98 | Inflation-Protected Bonds | PTEU vs IBIC |
See all 1139 diversifiers for PTEU
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