Looking to balance out your exposure to PVL? The ETFs below have the lowest correlation with PVL — they tend to move on their own, which can help reduce risk when PVL drops. The stock ideas table highlights individual companies that behave independently from PVL.
No Diversifiers Found for PVL
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from PVL, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to PVL and solid risk/return profiles. The least correlated is Quanta Services, Inc. (PWR) (Industrials) with a 1Y correlation of -0.14, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Quanta Services, Inc. | -0.14 | 0.04 | 0.12 | 94 | Industrials | |
| Taiwan Semiconductor Manufacturing Company Limited | -0.10 | 0.05 | 0.07 | 95 | Technology | |
| EMCOR Group, Inc. | -0.08 | 0.08 | 0.12 | 84 | Industrials | |
| Intuitive Machines Inc. | -0.01 | 0.03 | — | 86 | Industrials | |
| KLA Corporation | -0.00 | 0.07 | 0.08 | 95 | Technology |
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