23 Stocks and 77 ETFs for diversifying PDN (INVESCO FTSE RAFI DEVELOPED MARKETS EX-U.S. SMALL-MID ETF)
The least correlated asset to PDN (INVESCO FTSE RAFI DEVELOPED MARKETS EX-U.S. SMALL-MID ETF) is ETF EFZ (ProShares Short MSCI EAFE -1X Shares). The correlation is -0.959.
Stocks that lowly correlated with PDN
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| ELOG | Eastern International Ltd | $9.59M | Industrials | Integrated Freight & Logistics | -0.67 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.62 |
| ORIQU | Origin Investment Corp I - Units (1 Ord Cls & 1/2 War) | $22M | Financial Services | Shell Companies | -0.53 |
| FIGXU | FIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War) | $35M | Financial Services | Shell Companies | -0.52 |
| STAK | Stak Inc | $55M | Energy | Oil & Gas Equipment & Services | -0.52 |
| SOCAU | Solarius Capital Acquisition Corp Units | $179M | Financial Services | Shell Companies | -0.51 |
| SI | Shoulder Innovations Inc | $452M | N/A | N/A | -0.50 |
| PACH | Pioneer Acquisition I Corp - Class A | $260M | Financial Services | Shell Companies | -0.49 |
| LGPS | LogProstyle Inc | $26M | Industrials | Conglomerates | -0.48 |
| PROP | Prairie Operating Co. Common Stock | $60M | Energy | Oil & Gas E&p | -0.47 |
| CTW | CTW Cayman - Class A | $147M | Communication Services | Electronic Gaming & Multimedia | -0.45 |
| RIBBU | Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $56M | Financial Services | Shell Companies | -0.44 |
| TACH | Titan Acquisition Corp - Class A | $288M | Financial Services | Shell Companies | -0.43 |
| SAFX | XCF Global Inc | $145M | Utilities | Utilities - Renewable | -0.43 |
| CRE | Cre8 Enterprise Ltd Class A | $6.60M | Industrials | Specialty Business Services | -0.42 |
| MOBX | Mobix Labs Inc - Class A | $20M | Technology | Semiconductors | -0.41 |
| HNGE | Hinge Health Inc - Class A | $6.74B | Healthcare | Health Information Services | -0.41 |
| NYAX | Nayax Ltd | $2.63B | Technology | Software - Infrastructure | -0.41 |
| STRZ | Starz Entertainment Corp | $468M | Communication Services | Entertainment | -0.41 |
| OMDA | Omada Health Inc | $1.41B | Healthcare | Health Information Services | -0.41 |
| KCHV | Kochav Defense Acquisition Corp - Class A | $263M | Financial Services | Shell Companies | -0.40 |
| LHAI | Linkhome Holdings Inc | $19M | Real Estate | Real Estate Services | -0.40 |
| QSEA | Quartzsea Acquisition Corp | $87M | Financial Services | Shell Companies | -0.39 |