Looking to balance out your exposure to PVLA? The ETFs below have the lowest correlation with PVLA — they tend to move on their own, which can help reduce risk when PVLA drops. The stock ideas table highlights individual companies that behave independently from PVLA.
Best Diversifiers for PVLA
1 ETFs have low correlation with PVLA (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | 0.23 | — | — | 58 | Nasdaq-100 | PVLA vs QQQ |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from PVLA, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to PVLA and solid risk/return profiles. The least correlated is Qualys, Inc. (QLYS) (Technology) with a 1Y correlation of 0.07, roughly unchanged from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Qualys, Inc. | 0.07 | 0.07 | 0.07 | 53 | Technology | |
| Western Digital Corporation | 0.08 | — | — | 99 | Technology | |
| Clear Secure, Inc. | 0.09 | — | — | 88 | Technology | |
| Tower Semiconductor Ltd | 0.10 | 0.08 | 0.08 | 98 | Technology | |
| Lumentum Holdings Inc. | 0.11 | 0.08 | 0.08 | 99 | Technology |
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