28 Stocks and 72 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 -0.7821.
Stocks that lowly correlated with HPF
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| MAGH | Magnitude International Ltd | $230M | Industrials | Engineering & Construction | -0.59 |
| MH | McGraw Hill Inc | $1.95B | Consumer Defensive | Education & Training Services | -0.53 |
| OYSE | Oyster Enterprises II Acquisition Corp | $268M | Financial Services | Shell Companies | -0.50 |
| CRE | Cre8 Enterprise Ltd Class A | $6.60M | Industrials | Specialty Business Services | -0.50 |
| PROP | Prairie Operating Co. Common Stock | $60M | Energy | Oil & Gas E&p | -0.49 |
| ARX | Accelerant Holdings - Class A | $2.82B | Financial Services | Insurance Brokers | -0.48 |
| WWACU | Aeries Technology Inc - Units (1 Ord Class A & 1/2 War) | $41M | N/A | N/A | -0.48 |
| PLBL | Polibeli Group Ltd | $2.84B | Consumer Cyclical | Department Stores | -0.48 |
| YSXT | Ysx Tech Co.Ltd - Class A | $20M | Industrials | Specialty Business Services | -0.47 |
| KCHV | Kochav Defense Acquisition Corp - Class A | $263M | Financial Services | Shell Companies | -0.46 |
| UMAC | Unusual Machines Inc | $885M | Technology | Computer Hardware | -0.46 |
| JEM | 707 Cayman Holdings Ltd | $3.49M | Consumer Cyclical | Apparel Retail | -0.46 |
| RNERU | Mount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt) | $125M | N/A | N/A | -0.45 |
| SLXN | Silexion Therapeutics Corp | $3.11M | Healthcare | Biotechnology | -0.44 |
| QSEA | Quartzsea Acquisition Corp | $87M | Financial Services | Shell Companies | -0.44 |
| AZI | Autozi Internet Technology (Global) Ltd - Class A | $9.05M | Consumer Cyclical | Auto & Truck Dealerships | -0.44 |
| CHYM | Chime Financial Inc - Class A | $8.43B | Technology | Software - Application | -0.43 |
| CHA | Chagee Holdings Ltd | $1.84B | Consumer Cyclical | Restaurants | -0.42 |
| DXYZ | Destiny Tech100 Inc | $629M | Financial Services | Asset Management | -0.42 |
| TFIN-P | Triumph Financial Inc Depositary Shares Series C | $531M | Financial Services | Banks - Regional | -0.41 |
| NCEW | New Century Logistics (BVI) Ltd | $54M | Industrials | Integrated Freight & Logistics | -0.40 |
| SMXT | SolarMax Technology Inc | $20M | Technology | Solar | -0.39 |
| SHLT | SHL Telemedicine Ltd ADR | $39M | Healthcare | Health Information Services | -0.39 |
| MAMK | MaxsMaking Inc - Class A | $195M | Industrials | Conglomerates | -0.39 |
| CV | CapsoVision Inc | $315M | Healthcare | Medical Devices | -0.39 |
| AMAO | American Acquisition Opportunity Inc - Class A | $118M | N/A | N/A | -0.38 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.38 |
| HMCO | HumanCo Acquisition Corp - Class A | $387M | N/A | N/A | -0.38 |