Looking to balance out your exposure to PUBM? The ETFs below have the lowest correlation with PUBM — they tend to move on their own, which can help reduce risk when PUBM drops. The stock ideas table highlights individual companies that behave independently from PUBM.
Best Diversifiers for PUBM
1 ETFs have low correlation with PUBM (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard Total International Stock ETF (VXUS) (Global Equities) with a 1Y correlation of 0.29, down from 0.44 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Total International Stock ETF | 0.29 | 0.37 | 0.44 | 62 | Global Equities | PUBM vs VXUS | |
| Vanguard Information Technology ETF | 0.32 | 0.43 | 0.51 | 57 | Technology Equities | PUBM vs VGT | |
| Invesco QQQ ETF | 0.33 | 0.43 | 0.53 | 59 | Nasdaq-100 | PUBM vs QQQ | |
| Vanguard S&P 500 ETF | 0.38 | 0.46 | 0.51 | 70 | S&P 500 | PUBM vs VOO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from PUBM, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to PUBM and solid risk/return profiles. The least correlated is Berkshire Hathaway Inc. (BRK-B) (Financial Services) with a 1Y correlation of 0.03, down from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Berkshire Hathaway Inc. | 0.03 | 0.14 | 0.23 | 52 | Financial Services | |
| Teradyne, Inc. | 0.07 | 0.29 | 0.36 | 97 | Technology | |
| DigitalOcean Holdings, Inc. | 0.22 | 0.38 | 0.48 | 97 | Technology | |
| Etsy, Inc. | 0.24 | 0.31 | 0.42 | 71 | Consumer Cyclical | |
| Harmonic Inc. | 0.30 | 0.31 | 0.34 | 75 | Technology |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements PUBM
Add PUBM to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PUBM