Skip to main content

Want a detailed portfolio tracker?

OverviewPerformanceDividendsSplitsCorrelations
High CorrelationLow Correlation

31 Stocks and 69 ETFs for diversifying BTO (John Hancock Financial Opportunities Fund)

The least correlated asset to BTO (John Hancock Financial Opportunities Fund) is ETF SKRE (TUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF). The correlation is -0.9676.

Stocks that lowly correlated with BTO

SymbolName
Market cap
SectorIndustry
Correlation
TACHTitan Acquisition Corp - Class A$286MFinancial ServicesShell Companies-0.63
TMDETMD Energy Ltd$18MEnergyOil & Gas Midstream-0.55
FIGXUFIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$35MFinancial ServicesShell Companies-0.55
FLACFrazier Lifesciences Acquisition Corp - Class A$175MN/AN/A-0.52
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.50
BMGLBasel Medical Group Ltd$11MHealthcareMedical Care Facilities-0.49
JMACUMaxpro Capital Acquisition Corp - Units (1 Ord Share Class A & 1 War)$150MN/AN/A-0.47
CRAQCal Redwood Acquisition Corp$320MFinancial ServicesShell Companies-0.46
CHACUCrane Harbor Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$72MFinancial ServicesShell Companies-0.45
PCPremium Catering (Holdings) Ltd$30MIndustrialsSpecialty Business Services-0.45
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.44
RAAQReal Asset Acquisition Corp - Class A$196MFinancial ServicesShell Companies-0.42
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.42
IPCXInflection Point Acquisition Corp III - Class A$261MFinancial ServicesShell Companies-0.42
SCAQUStratim Cloud Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$286MN/AN/A-0.41
AAMAA Mission Acquisition Corp.$368MFinancial ServicesShell Companies-0.41
HMCOHumanCo Acquisition Corp - Class A$387MN/AN/A-0.41
SDHIRSiddhi Acquisition Corp$1.38MN/AN/A-0.41
OMDAOmada Health Inc$975MHealthcareHealth Information Services-0.40
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.39
PROPPrairie Operating Co. Common Stock$81MEnergyOil & Gas E&p-0.39
AIIAmerican Integrity Insurance Group Inc$328MFinancial ServicesInsurance - Property & Casualty-0.39
NVSAUNew Vista Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$350MN/AN/A-0.39
VCKAUScilex Holding Company - Units (1 Ord & 1/2 War)$37MN/AN/A-0.39
STAKStak Inc$17MEnergyOil & Gas Equipment & Services-0.38
CCVChurchill Capital Corp V - Class A$284MN/AN/A-0.38
TSIBUTishman Speyer Innovation Corp II - Units (1 Ord Share Class A & 1/5 War)$301MN/AN/A-0.38
FACTUFACT II Acquisition Corp - Units (1 Ord Class A & 1/2 War)$56MFinancial ServicesShell Companies-0.38
DFSCDEFSEC Technologies Inc Com$8.73MIndustrialsAerospace & Defense-0.38
VCICUVine Hill Capital Investment Corp - Units (1 Ord Class A & 1/2 War)$75MFinancial ServicesShell Companies-0.37
CRCLCircle Internet Group Inc - Class A$25BFinancial ServicesCapital Markets-0.37

ETFs that lowly correlated with BTO

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.97
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.85
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.85
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.84
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.83
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.83
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.83
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.81
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.80
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.79
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.79
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.78
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.78
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.74
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.74
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.74
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.73
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.66
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.66
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.66
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.65
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.65
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.65
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.65
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.65
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.63
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.63
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.63
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.63
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.61
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.59
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.59
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.58
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.57
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.57
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.57
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.57
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.57
METDDIREXION DAILY META BEAR 1X SHARES $8.60M1.02%Jun 5, 2024-0.56
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $40MN/ANov 6, 2008-0.54
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.53
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.53
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.52
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.51
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $19M1.05%May 1, 2024-0.51
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $23M0.50%Mar 6, 2024-0.51
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.51
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.50
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.50
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.49
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.48
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $14M1.11%Aug 14, 2024-0.47
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.46
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.45
OILDBank of Montreal$19MN/ANov 8, 2021-0.44
WTIDBank of Montreal$6.60MN/AFeb 16, 2023-0.44
TSLZT-Rex 2X Inverse Tesla Daily Target ETF$46MN/AOct 18, 2023-0.44
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$1.10BN/ANov 24, 2008-0.43
NFLWROUNDHILL NFLX WEEKLYPAY ETF $16MN/AJun 17, 2025-0.43
WZRDOpportunistic Trader ETF$3.90M1.00%Jun 24, 2025-0.43
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.20MN/AMay 15, 2024-0.42
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.42
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.41
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $9.80M1.05%Jul 23, 2024-0.41
TNGYTORTOISE ENERGY ETF $600M0.85%Dec 27, 2010-0.41
TSDDGRANITESHARES 2X SHORT TSLA DAILY ETF $42MN/AAug 21, 2023-0.40
TSLSDirexion Daily TSLA Bear 1X Shares$76M0.95%Aug 8, 2022-0.40
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.40
LDRHISHARES IBONDS 1-5 YEAR HIGH YIELD AND INCOME LADDER ETF $7.90M0.35%Nov 7, 2024-0.39