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31 Stocks and 69 ETFs for diversifying PBJ (INVESCO FOOD & BEVERAGE ETF)

The least correlated asset to PBJ (INVESCO FOOD & BEVERAGE ETF) is ETF SZK (ProShares UltraShort Consumer Staples). The correlation is -0.7492.

Stocks that lowly correlated with PBJ

SymbolName
Market cap
SectorIndustry
Correlation
FIGXUFIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$35MFinancial ServicesShell Companies-0.67
TWNPTwin Hospitality Group Inc. Class A Common Stock$4.08MConsumer CyclicalRestaurants-0.67
OMDAOmada Health Inc$975MHealthcareHealth Information Services-0.64
AAMAA Mission Acquisition Corp.$368MFinancial ServicesShell Companies-0.63
CHACUCrane Harbor Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$72MFinancial ServicesShell Companies-0.63
PLMKUPlum Acquisition Corp IV - Units (1 Ord cls A & 1/2 Warr)$54MFinancial ServicesShell Companies-0.56
HCHLHappy City Holdings Ltd - Class A$59MConsumer CyclicalRestaurants-0.56
BACQUMerlin Inc - Units (1Ord Class A & 1 Rights)$781MFinancial ServicesShell Companies-0.52
NTWOUNewbury Street II Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$183MFinancial ServicesShell Companies-0.51
AIIAmerican Integrity Insurance Group Inc$328MFinancial ServicesInsurance - Property & Casualty-0.51
APUSApimeds Pharmaceuticals US Inc$1.82MHealthcareDrug Manufacturers - Specialty & Generic-0.49
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.47
EDHLEverbright Digital Holding Ltd$4.80MCommunication ServicesAdvertising Agencies-0.46
PVLAPalvella Therapeutics Inc$1.66BHealthcareBiotechnology-0.46
MCACUConnectM Technology Solutions Inc - Units (1 Ord Class A 1 War & 1 Right)$70MFinancial ServicesShell Companies-0.46
MAMOMassimo Group$42MConsumer CyclicalRecreational Vehicles-0.45
HONDUHCM II Acquisition Corp Unit$483MFinancial ServicesShell Companies-0.44
BGMQilian International Holding Group Ltd - Class A$7.45MHealthcareDrug Manufacturers - Specialty & Generic-0.44
AACTAres Acquisition Corporation II - Class A$588MFinancial ServicesShell Companies-0.44
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.43
PHOEPhoenix Asia Holdings Ltd$344MIndustrialsEngineering & Construction-0.43
ADVBAdvanced Biomed Inc$5.36MHealthcareDiagnostics & Research-0.42
SMTKSmartKem, Inc. Common Stock$5.58MN/AN/A-0.42
HBNBHotel101 Global Holdings Corp$1.36BReal EstateReal Estate Services-0.42
RALRalliant Corporation$6.99BN/AN/A-0.41
HPLTUHome Plate Acquisition Corp - Units (1 Ord Class A & 1/2 War)$79MN/AN/A-0.40
PROPPrairie Operating Co. Common Stock$81MEnergyOil & Gas E&p-0.40
HONDHCM II Acquisition Corp. Class A Ordinary Shares$519MFinancial ServicesShell Companies-0.39
HVIIRHennessy Capital Investment Corp VII Rights$482KN/AN/A-0.39
TVAIUThayer Ventures Acquisition Corp II - Units (1 Ord Cls A & 1 Rts)$10MFinancial ServicesShell Companies-0.39
OTFBlue Owl Technology Finance Corp$4.94BFinancial ServicesAsset Management-0.38

ETFs that lowly correlated with PBJ

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.75
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.73
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.73
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.72
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.72
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.72
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.71
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.71
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.70
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.70
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.69
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.69
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.68
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.68
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.68
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.67
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.67
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.66
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.66
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.66
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.66
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.66
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.65
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.65
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.65
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.64
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.60
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.59
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.58
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.56
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.55
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.55
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.55
SDPProShares UltraShort Utilities -2x Shares$4.60MN/AJan 30, 2007-0.54
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.53
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $40MN/ANov 6, 2008-0.53
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.53
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.52
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.51
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.51
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.50
PLTGLEVERAGE SHARES 2X LONG PLTR DAILY ETF $26MN/AApr 24, 2025-0.50
METDDIREXION DAILY META BEAR 1X SHARES $8.60M1.02%Jun 5, 2024-0.49
TSIIREX TSLA GROWTH & INCOME ETF $41MN/AJun 3, 2025-0.49
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.48
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.48
RXDProShares UltraShort Health Care -2x Shares$4.90MN/AJan 30, 2007-0.48
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.47
HOOWROUNDHILL HOOD WEEKLYPAY ETF $113MN/AJun 17, 2025-0.47
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.46
ILSBROOKMONT CATASTROPHIC BOND ETF $75M1.58%Mar 31, 2025-0.46
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.46
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.45
USDXSGI ENHANCED CORE ETF $319M1.08%Feb 28, 2024-0.45
HOOYYIELDMAX(R) HOOD OPTION INCOME STRATEGY ETF $102M0.99%May 7, 2025-0.44
COIIREX COIN GROWTH & INCOME ETF $2.80MN/AJun 3, 2025-0.44
CBXACalamos Bitcoin 90 Series Structured Alt Protection ETF April$4.50M0.69%Apr 7, 2025-0.44
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.43
IVESWedbush ETFMG Global Cloud Technology ETF$997M0.75%Jun 3, 2025-0.43
OILDBank of Montreal$19MN/ANov 8, 2021-0.42
ELILDirexion Daily LLY Bull 2X Shares$18MN/AMar 25, 2025-0.42
TOAKTWIN OAK SHORT HORIZON ABSOLUTE RETURN ETF $79M0.25%Aug 19, 2024-0.42
WTIDBank of Montreal$6.60MN/AFeb 16, 2023-0.42
OKLLDefiance Daily Target 2x Long OKLO ETF$293MN/AJun 23, 2025-0.42
APPXTRADR 2X LONG APP DAILY ETF$140MN/AApr 24, 2025-0.41
BFRZInnovator Equity Managed 100 Buffer ETF$124M0.89%May 12, 2025-0.41
PALUDirexion Daily PANW Bull 2X Shares$12MN/AMar 25, 2025-0.39
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3MN/AJun 16, 2009-0.39
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $33MN/AJul 16, 2009-0.39