Looking to balance out your exposure to PZZA? The ETFs below have the lowest correlation with PZZA — they tend to move on their own, which can help reduce risk when PZZA drops. The stock ideas table highlights individual companies that behave independently from PZZA.
Best Diversifiers for PZZA
4 ETFs have low correlation with PZZA (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard International High Dividend Yield ETF (VYMI) (Dividend) with a 1Y correlation of 0.08, down from 0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard International High Dividend Yield ETF | 0.08 | 0.21 | 0.26 | 84 | Dividend, Foreign Large Cap Equities | PZZA vs VYMI | |
| State Street SPDR S&P 500 ETF | 0.09 | 0.19 | 0.31 | 65 | S&P 500 | PZZA vs SPY | |
| Vanguard S&P 500 ETF | 0.09 | 0.19 | 0.31 | 66 | S&P 500 | PZZA vs VOO | |
| State Street SPDR Dow Jones Industrial Average ETF... | 0.12 | 0.26 | 0.33 | 60 | Large Cap Blend Equities | PZZA vs DIA |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from PZZA, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to PZZA and solid risk/return profiles. The least correlated is Philip Morris International Inc. (PM) (Consumer Defensive) with a 1Y correlation of -0.09, down from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Philip Morris International Inc. | -0.09 | 0.08 | 0.14 | 52 | Consumer Defensive | |
| CrowdStrike Holdings, Inc. | 0.02 | 0.06 | 0.18 | 81 | Technology | |
| Acadia Healthcare Company, Inc. | 0.04 | 0.19 | 0.24 | 66 | Healthcare | |
| Toyota Motor Corporation | 0.04 | 0.09 | 0.18 | 51 | Consumer Cyclical | |
| Air Liquide SA ADR | 0.06 | 0.14 | 0.23 | 61 | Basic Materials |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements PZZA
Add PZZA to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PZZA