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27 Stocks and 73 ETFs for diversifying HNW (Pioneer Diversified High Income Fund)

The least correlated asset to HNW (Pioneer Diversified High Income Fund) is ETF MUD (DIREXION DAILY MU BEAR 1X SHARES). The correlation is -0.7807.

Stocks that lowly correlated with HNW

SymbolName
Market cap
SectorIndustry
Correlation
NCEWNew Century Logistics (BVI) Ltd$58MIndustrialsIntegrated Freight & Logistics-0.75
GIGGUGigCapital7 Corp - Units (1 Ord Class A & 1/3Warr)$2.83BFinancial ServicesShell Companies-0.67
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.54
FACTUFACT II Acquisition Corp - Units (1 Ord Class A & 1/2 War)$56MFinancial ServicesShell Companies-0.53
CGTLCreative Global Technology Holdings Ltd$6.55MConsumer CyclicalSpecialty Retail-0.52
MACIUMelar Acquisition Corp I - Units (1 Ord Class A & 1 War)$197MFinancial ServicesShell Companies-0.50
RAYRaytech Holding Ltd$9.91MN/AN/A-0.50
BAYABayview Acquisition Corp$33MFinancial ServicesShell Companies-0.44
GNLXGenelux Corp$137MN/AN/A-0.43
PRMBPrimo Brands Corp - Class A$8.97BN/AN/A-0.42
NYAXNayax Ltd$3.09BTechnologySoftware - Infrastructure-0.40
ALMSAlumis Inc$2.67BHealthcareBiotechnology-0.40
FBLGFibroBiologics Inc$4.23MHealthcareBiotechnology-0.39
INHDInno Holdings Inc$9.59MN/AN/A-0.38
ATPCAgape ATP Corp$2.85MConsumer DefensivePackaged Foods-0.38
WYHGWing Yip Food Holdings Group Ltd$43MConsumer DefensivePackaged Foods-0.37
CJETChijet Motor Company Inc$27MConsumer CyclicalAuto Manufacturers-0.37
CMNDClearmind Medicine Inc$2.88MHealthcareBiotechnology-0.36
NAMIJinxin Technology Holding Company$34MCommunication ServicesInternet Content & Information-0.35
SHMDSCHMID Group N.V. - Class A$300MIndustrialsSpecialty Industrial Machinery-0.34
OMHOhmyhome Ltd$24MReal EstateReal Estate Services-0.34
RMCORoyalty Management Holding Corporation Class A Common Stock$35MFinancial ServicesAsset Management-0.34
DFDVDeFi Development Corp$127MTechnologySoftware - Infrastructure-0.33
OAKUOak Woods Acquisition Corp - Class A$44MFinancial ServicesShell Companies-0.31
NOEMCO2 Energy Transition Corp$72MFinancial ServicesShell Companies-0.31
PMNTPerfect Moment Ltd$7.77MConsumer CyclicalApparel Manufacturing-0.30
AZTRAzitra Inc$3.32MHealthcareBiotechnology-0.30

ETFs that lowly correlated with HNW

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
MUDDIREXION DAILY MU BEAR 1X SHARES $27M0.97%Oct 9, 2024-0.78
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M0.98%Oct 2, 2024-0.75
EFZPROSHARES SHORT MSCI EAFE $16M0.95%Oct 23, 2007-0.74
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.72
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.72
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.72
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.70
HIBSDIREXION DAILY S&P 500(R) HIGH BETA BEAR 3X SHARES $19MN/ANov 7, 2019-0.70
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.70
MYYPROSHARES SHORT MIDCAP400 $2.70MN/AJun 19, 2006-0.70
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.69
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.69
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.69
SBBPROSHARES SHORT SMALLCAP600 $4.10M0.95%Jan 23, 2007-0.68
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.68
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.68
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.68
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.67
VIXMProShares VIX Mid-Term Futures ETF$56M1.10%Jan 3, 2011-0.66
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.65
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.65
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.65
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.65
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.63
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.63
SZKPROSHARES ULTRASHORT CONSUMER STAPLES $4.70MN/AJan 30, 2007-0.62
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.62
YQQQYIELDMAXTM SHORT N100 OPTION INCOME STRATEGY ETF $14M0.99%Aug 14, 2024-0.61
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.61
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.60
ETQT-Rex 2X Inverse Ether Daily Target ETFN/AN/AOct 22, 2024-0.58
WTIDBank of Montreal$6.60MN/AFeb 16, 2023-0.57
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.57
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.55
DIPSYieldMax Short NVDA Option Income Strategy ETF$9.80M0.99%Jul 23, 2024-0.55
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.55
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $228M1.04%Sep 30, 2021-0.51
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.51
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $321M1.40%Sep 13, 2011-0.51
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.51
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.49
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.48
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68MN/ANov 5, 2021-0.48
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.20MN/AMay 15, 2024-0.47
NVDQT-Rex 2X Inverse NVIDIA Daily Target ETF$36MN/AOct 18, 2023-0.46
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.45
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3MN/AJun 16, 2009-0.45
NVDSTradr 1.5X Short NVDA Daily ETF$23MN/AJul 13, 2022-0.44
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $210M0.50%May 10, 2021-0.44
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $40MN/ANov 6, 2008-0.44
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $23M1.02%Sep 12, 2023-0.44
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $75MN/AAug 21, 2023-0.44
SETHProShares Short Ether ETF$16MN/ANov 1, 2023-0.43
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $307M0.90%Dec 1, 2020-0.42
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $33MN/AJul 16, 2009-0.42
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.41
FNGDBank of Montreal$68MN/AJan 22, 2018-0.40
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.39
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.38
CONIGRANITESHARES 2X SHORT COIN DAILY ETF $17MN/ASep 4, 2024-0.37
REKTDIREXION DAILY CRYPTO INDUSTRY BEAR 1X SHARES N/A0.49%Jul 16, 2024-0.36
FPASFPA Short Duration Government ETF$6.90M0.09%Oct 31, 2024-0.36
ETHDProShares UltraShort Ether ETF$84MN/AJun 6, 2024-0.35
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $23M0.50%Mar 6, 2024-0.35
RXDPROSHARES ULTRASHORT HEALTH CARE $4.90MN/AJan 30, 2007-0.35
UUPInvesco DB US Dollar Index Bullish Fund$352M0.75%Feb 20, 2007-0.34
SDPProShares UltraShort Utilities -2x Shares$4.60MN/AJan 30, 2007-0.34
PLTDT-REX 2X INVERSE PLTR DAILY TARGET ETF$29M0.97%Dec 10, 2024-0.33
NFXSDIREXION DAILY NFLX BEAR 1X SHARES $5M0.99%Oct 2, 2024-0.33
YXIProShares Short FTSE China 50 -1x Shares$4.30M0.95%Mar 16, 2010-0.33
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.32
FXPProShares UltraShort FTSE China 50 -2x Shares$5.60MN/ANov 6, 2007-0.31
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $17M1.02%Sep 6, 2022-0.31