Looking to diversify beyond PVAL? The ETFs below have the lowest correlation with PVAL — 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 PVAL.
Best Diversifiers for PVAL
218 ETFs have low correlation with PVAL (below 0.3), 26 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.24, down from -0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.24 | -0.09 | -0.04 | 63 | Leveraged Currency | PVAL vs YCS | |
| United States Gasoline Fund LP | -0.20 | 0.00 | 0.16 | 55 | Oil & Gas | PVAL vs UGA | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.15 | — | — | 98 | Inflation-Protected Bonds | PVAL vs IBIC | |
| WisdomTree Floating Rate Treasury Fund | -0.13 | -0.02 | -0.01 | 100 | Government Bonds, Ultrashort Bond | PVAL vs USFR | |
| iShares Enhanced Short-Term Bond Active ETF | -0.12 | — | — | 99 | Ultrashort Bond | PVAL vs CSHP |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from PVAL, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to PVAL and solid risk/return profiles. The least correlated is Apple Inc (AAPL) (Technology) with a 1Y correlation of 0.37, roughly unchanged from 0.44 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Apple Inc | 0.37 | 0.34 | 0.44 | 87 | Technology | |
| Taiwan Semiconductor Manufacturing Company Limited | 0.39 | 0.42 | 0.47 | 93 | Technology | |
| The Bank of New York Mellon Corporation | 0.51 | 0.62 | 0.69 | 96 | Financial Services |
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