Looking to balance out your exposure to PYPL? The ETFs below have the lowest correlation with PYPL — they tend to move on their own, which can help reduce risk when PYPL drops. The stock ideas table highlights individual companies that behave independently from PYPL.
Best Diversifiers for PYPL
110 ETFs have low correlation with PYPL (below 0.3), 8 of which are negatively correlated. The least correlated is ProShares Ultra Bloomberg Crude Oil (UCO) (Leveraged Commodities) with a 1Y correlation of -0.14, down from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Ultra Bloomberg Crude Oil | -0.14 | -0.02 | 0.05 | 54 | Leveraged Commodities | PYPL vs UCO | |
| United States Oil Fund LP | -0.13 | -0.03 | 0.04 | 66 | Oil & Gas | PYPL vs USO | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.09 | 0.03 | 0.08 | 74 | Commodities | PYPL vs PDBC | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.07 | -0.09 | -0.03 | 100 | Government Bonds, Ultrashort Bond | PYPL vs BIL | |
| Invesco DB Commodity Index Tracking Fund | -0.06 | 0.05 | 0.09 | 75 | Commodities | PYPL vs DBC |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from PYPL, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to PYPL and solid risk/return profiles. The least correlated is Suncor Energy Inc. (SU) (Energy) with a 1Y correlation of -0.13, down from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Suncor Energy Inc. | -0.13 | 0.08 | 0.16 | 95 | Energy | |
| Altria Group, Inc. | -0.10 | 0.08 | 0.09 | 69 | Consumer Defensive | |
| Welltower Inc. | -0.09 | 0.08 | 0.16 | 79 | Real Estate | |
| Johnson & Johnson | -0.09 | -0.00 | 0.06 | 92 | Healthcare | |
| British American Tobacco p.l.c. | -0.04 | 0.11 | 0.13 | 77 | Consumer Defensive |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements PYPL
Add PYPL to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PYPL