30 Stocks and 70 ETFs for diversifying JHPI (JOHN HANCOCK PREFERRED INCOME ETF)
The least correlated asset to JHPI (JOHN HANCOCK PREFERRED INCOME ETF) is ETF FIYY (GRANITESHARES YIELDBOOST 20Y+ TREASURIES ETF). The correlation is -0.8676.
Stocks that lowly correlated with JHPI
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| PACH | Pioneer Acquisition I Corp - Class A | $260M | Financial Services | Shell Companies | -0.63 |
| KCHV | Kochav Defense Acquisition Corp - Class A | $263M | Financial Services | Shell Companies | -0.61 |
| CRE | Cre8 Enterprise Ltd Class A | $6.60M | Industrials | Specialty Business Services | -0.56 |
| OYSE | Oyster Enterprises II Acquisition Corp | $268M | Financial Services | Shell Companies | -0.55 |
| SLDE | Slide Insurance Holdings Inc | $2.32B | Financial Services | Insurance - Property & Casualty | -0.54 |
| SOCAU | Solarius Capital Acquisition Corp Units | $179M | Financial Services | Shell Companies | -0.53 |
| FIGX | FIGX Capital Acquisition Corp - Class A | $159M | Financial Services | Shell Companies | -0.52 |
| PGAC | Pantages Capital Acquisition Corp Cl A Ord Shs | $118M | Financial Services | Shell Companies | -0.51 |
| OMSE | OMS Energy Technologies Inc | $197M | Energy | Oil & Gas Equipment & Services | -0.50 |
| LWAC | LightWave Acquisition Corp - Class A | $221M | Financial Services | Shell Companies | -0.50 |
| TACH | Titan Acquisition Corp - Class A | $288M | Financial Services | Shell Companies | -0.49 |
| CHA | Chagee Holdings Ltd | $1.84B | Consumer Cyclical | Restaurants | -0.49 |
| CRAQ | Cal Redwood Acquisition Corp | $320M | Financial Services | Shell Companies | -0.47 |
| SI | Shoulder Innovations Inc | $452M | N/A | N/A | -0.47 |
| MAMK | MaxsMaking Inc - Class A | $195M | Industrials | Conglomerates | -0.46 |
| ELOG | Eastern International Ltd | $9.59M | Industrials | Integrated Freight & Logistics | -0.45 |
| GNLX | Genelux Corp | $130M | Healthcare | Biotechnology | -0.44 |
| CTW | CTW Cayman - Class A | $147M | Communication Services | Electronic Gaming & Multimedia | -0.44 |
| STRZ | Starz Entertainment Corp | $468M | Communication Services | Entertainment | -0.43 |
| YSXT | Ysx Tech Co.Ltd - Class A | $20M | Industrials | Specialty Business Services | -0.43 |
| LGPS | LogProstyle Inc | $26M | Industrials | Conglomerates | -0.43 |
| IPCX | Inflection Point Acquisition Corp III - Class A | $263M | Financial Services | Shell Companies | -0.43 |
| JMACU | Maxpro Capital Acquisition Corp - Units (1 Ord Share Class A & 1 War) | $150M | N/A | N/A | -0.43 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.42 |
| PLBL | Polibeli Group Ltd | $2.84B | Consumer Cyclical | Department Stores | -0.41 |
| VCXA | 10X Capital Venture Acquisition Corp II - Class A | $86M | N/A | N/A | -0.41 |
| HRYU | Global Interactive Technologies Inc | $760K | Communication Services | Internet Content & Information | -0.41 |
| SAFX | XCF Global Inc | $145M | Utilities | Utilities - Renewable | -0.41 |
| WTG | Wintergreen Acquisition Corp | $58M | Financial Services | Shell Companies | -0.41 |
| FIG | Figma Inc - Class A | $12B | Technology | Software - Application | -0.40 |