20 Stocks and 80 ETFs for diversifying PBD (INVESCO GLOBAL CLEAN ENERGY ETF)
The least correlated asset to PBD (INVESCO GLOBAL CLEAN ENERGY ETF) is ETF TSMZ (DIREXION DAILY TSM BEAR 1X SHARES). The correlation is -0.8002.
Stocks that lowly correlated with PBD
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| ASIC | Ategrity Specialty Holdings LLC | $969M | Financial Services | Insurance - Property & Casualty | -0.78 |
| HPAI | Helport AI Ltd | $33M | Technology | Software - Infrastructure | -0.60 |
| TMDE | TMD Energy Ltd | $18M | Energy | Oil & Gas Midstream | -0.48 |
| JBS | JBS N.V. - Class A | $14B | Consumer Defensive | Packaged Foods | -0.46 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.46 |
| MCTR | CTRL Group Ltd | $15M | Communication Services | Advertising Agencies | -0.46 |
| RIBBU | Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $56M | Financial Services | Shell Companies | -0.45 |
| BOW | Bowhead Specialty Holdings Inc | $886M | Financial Services | Insurance - Property & Casualty | -0.44 |
| WGRX | Wellgistics Health Inc | $7.55M | Healthcare | Pharmaceutical Retailers | -0.43 |
| JCAP | Jefferson Capital Inc | $950M | Financial Services | Credit Services | -0.43 |
| AZI | Autozi Internet Technology (Global) Ltd - Class A | $9.05M | Consumer Cyclical | Auto & Truck Dealerships | -0.42 |
| GSRM | Bitcoin Depot Inc - Class A | $54M | N/A | N/A | -0.41 |
| ZSPC | Zspace Inc | $2.96M | Technology | Computer Hardware | -0.40 |
| WAY | Waystar Holding Corp | $3.65B | Healthcare | Health Information Services | -0.39 |
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $20M | Financial Services | Shell Companies | -0.39 |
| CDTG | CDT Environmental Technology Investment Holdings Ltd | $3.77M | Industrials | Waste Management | -0.38 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.38 |
| AMRZ | Amrize Ltd | $29B | Basic Materials | Building Materials | -0.38 |
| UCFI | CN Healthy Food Tech Group Corp | $288M | Financial Services | Shell Companies | -0.38 |
| IROH | Iron Horse Acquisitions Corp | $263M | Financial Services | Shell Companies | -0.38 |