Looking to diversify beyond PWER? The ETFs below have the lowest correlation with PWER — 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 PWER.
Best Diversifiers for PWER
218 ETFs have low correlation with PWER (below 0.3), 18 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.09 | — | — | 100 | Government Bonds, Ultrashort Bond | PWER vs BIL | |
| TCW AAA CLO ETF | -0.09 | — | — | 99 | CLO | PWER vs ACLO | |
| SPDR Bloomberg 3-12 Month T-Bill ETF | -0.08 | -0.04 | -0.04 | 100 | Ultrashort Bond | PWER vs BILS | |
| Franklin Short Duration U.S. Government ETF | -0.08 | — | — | 95 | Mortgage Backed Securities | PWER vs FTSD | |
| Brookmont Catastrophic Bond ETF | -0.04 | — | — | 96 | Nontraditional Bonds | PWER vs ILS |
See all 1115 diversifiers for PWER
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Diversification Analysis
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