25 Stocks and 75 ETFs for diversifying HPF (John Hancock Preferred Income Fund II)
The least correlated asset to HPF (John Hancock Preferred Income Fund II) is ETF REK (PROSHARES SHORT REAL ESTATE). The correlation is -0.7835.
Stocks that lowly correlated with HPF
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| SLDE | Slide Insurance Holdings Inc | $2.20B | Financial Services | Insurance - Property & Casualty | -0.59 |
| CHYM | Chime Financial Inc - Class A | $6.59B | Technology | Software - Application | -0.55 |
| PROP | Prairie Operating Co. Common Stock | $81M | Energy | Oil & Gas E&p | -0.49 |
| WWACU | Aeries Technology Inc - Units (1 Ord Class A & 1/2 War) | $41M | N/A | N/A | -0.48 |
| CHA | Chagee Holdings Ltd | $1.65B | Consumer Cyclical | Restaurants | -0.48 |
| YSXT | Ysx Tech Co.Ltd - Class A | $24M | Industrials | Specialty Business Services | -0.46 |
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $20M | Financial Services | Shell Companies | -0.46 |
| RNERU | Mount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt) | $125M | N/A | N/A | -0.45 |
| UMAC | Unusual Machines Inc | $900M | Technology | Computer Hardware | -0.45 |
| ASIC | Ategrity Specialty Holdings LLC | $969M | Financial Services | Insurance - Property & Casualty | -0.45 |
| SLXN | Silexion Therapeutics Corp | $1.30M | Healthcare | Biotechnology | -0.44 |
| AZI | Autozi Internet Technology (Global) Ltd - Class A | $9.05M | Consumer Cyclical | Auto & Truck Dealerships | -0.44 |
| JEM | 707 Cayman Holdings Ltd | $1.99M | Consumer Cyclical | Apparel Retail | -0.44 |
| DXYZ | Destiny Tech100 Inc | $629M | Financial Services | Asset Management | -0.43 |
| QSEA | Quartzsea Acquisition Corp | $87M | Financial Services | Shell Companies | -0.42 |
| SMXT | SolarMax Technology Inc | $31M | Technology | Solar | -0.40 |
| OMSE | OMS Energy Technologies Inc | $201M | Energy | Oil & Gas Equipment & Services | -0.40 |
| TMDE | TMD Energy Ltd | $18M | Energy | Oil & Gas Midstream | -0.40 |
| GSHR | Gesher Acquisition Corp II - Class A | $155M | Financial Services | Shell Companies | -0.40 |
| SCAG | Scage Future | $38M | Industrials | Farm & Heavy Construction Machinery | -0.39 |
| SHLT | SHL Telemedicine Ltd ADR | $39M | Healthcare | Health Information Services | -0.39 |
| NOEM | CO2 Energy Transition Corp | $72M | Financial Services | Shell Companies | -0.39 |
| NCEW | New Century Logistics (BVI) Ltd | $58M | Industrials | Integrated Freight & Logistics | -0.39 |
| TGE | Generation Essentials Group - Class A | $370M | Financial Services | Asset Management | -0.38 |
| AMAO | American Acquisition Opportunity Inc - Class A | $118M | N/A | N/A | -0.38 |