Looking to balance out your exposure to PWP? The ETFs below have the lowest correlation with PWP — they tend to move on their own, which can help reduce risk when PWP drops. The stock ideas table highlights individual companies that behave independently from PWP.
Best Diversifiers for PWP
0 ETFs have low correlation with PWP (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard High Dividend Yield ETF (VYM) (Dividend) with a 1Y correlation of 0.52, roughly unchanged from 0.48 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard High Dividend Yield ETF | 0.52 | 0.49 | 0.48 | 79 | Dividend | PWP vs VYM |
Diversification Analysis
Build a portfolio that complements PWP
Add PWP to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PWP