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28 Stocks and 72 ETFs for diversifying PDT (John Hancock Premium Dividend Fund)

The least correlated asset to PDT (John Hancock Premium Dividend Fund) is ETF REK (PROSHARES SHORT REAL ESTATE). The correlation is -0.83.

Stocks that lowly correlated with PDT

SymbolName
Market cap
SectorIndustry
Correlation
HCHLHappy City Holdings Ltd - Class A$59MConsumer CyclicalRestaurants-0.71
RALRalliant Corporation$6.99BN/AN/A-0.69
LIONLionsgate Studios Corp - New$3.99BFinancial ServicesShell Companies-0.63
LGPSLogProstyle Inc$16MIndustrialsConglomerates-0.58
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.56
WWACUAeries Technology Inc - Units (1 Ord Class A & 1/2 War)$41MN/AN/A-0.53
PROPPrairie Operating Co. Common Stock$81MEnergyOil & Gas E&p-0.52
OTFBlue Owl Technology Finance Corp$4.94BFinancial ServicesAsset Management-0.48
TTANServiceTitan Inc - Class A$5.85BTechnologySoftware - Application-0.48
ATPCAgape ATP Corp$2.85MConsumer DefensivePackaged Foods-0.46
FSHPFlag Ship Acquisition Corp$58MFinancial ServicesShell Companies-0.45
DXYZDestiny Tech100 Inc$629MFinancial ServicesAsset Management-0.45
AMAOAmerican Acquisition Opportunity Inc - Class A$118MN/AN/A-0.44
FIGXUFIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$35MFinancial ServicesShell Companies-0.44
PLMKUPlum Acquisition Corp IV - Units (1 Ord cls A & 1/2 Warr)$54MFinancial ServicesShell Companies-0.44
CGCTCartesian Growth Corp III - Class A$283MFinancial ServicesShell Companies-0.44
NAMIJinxin Technology Holding Company$34MCommunication ServicesInternet Content & Information-0.43
HBNBHotel101 Global Holdings Corp$1.36BReal EstateReal Estate Services-0.43
HCAIHuachen AI Parking Management Technology Holding Co. Ltd$13MIndustrialsFarm & Heavy Construction Machinery-0.42
NCEWNew Century Logistics (BVI) Ltd$58MIndustrialsIntegrated Freight & Logistics-0.41
SLDESlide Insurance Holdings Inc$2.20BFinancial ServicesInsurance - Property & Casualty-0.40
PMNTPerfect Moment Ltd$7.77MConsumer CyclicalApparel Manufacturing-0.40
WETOWebus International Ltd$11MTechnologySoftware - Infrastructure-0.40
GIBOGIBO Holdings Ltd$42MCommunication ServicesInternet Content & Information-0.40
ASPCAlpha Capital Acquisition Co - Class A$17MFinancial ServicesShell Companies-0.39
DFSCDEFSEC Technologies Inc Com$8.73MIndustrialsAerospace & Defense-0.39
SORATop Win International Ltd$65MConsumer CyclicalLuxury Goods-0.38
LCCCLakeshore Acquisition III Corp$72MFinancial ServicesShell Companies-0.37

ETFs that lowly correlated with PDT

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.83
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.81
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.79
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.73
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.72
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.72
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.72
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.72
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.72
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.72
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.72
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.71
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.71
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.71
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.70
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.69
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.69
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.69
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.69
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.69
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.69
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.68
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.68
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.67
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.67
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.66
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.65
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.65
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.64
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.63
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.62
SDPProShares UltraShort Utilities -2x Shares$4.60MN/AJan 30, 2007-0.62
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.58
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.57
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.56
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.55
TOAKTWIN OAK SHORT HORIZON ABSOLUTE RETURN ETF $79M0.25%Aug 19, 2024-0.55
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.54
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.54
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $210M0.50%May 10, 2021-0.54
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.53
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.53
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.53
QBProShares Nasdaq100 Dynamic Buffer ETF$1.40M0.58%Jun 24, 2025-0.53
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $40MN/ANov 6, 2008-0.52
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.52
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.51
MMKTTEXAS CAPITAL GOVERNMENT MONEY MARKET ETF $70M0.20%Sep 24, 2024-0.51
WTIDBank of Montreal$6.60MN/AFeb 16, 2023-0.51
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.50
FBProShares S&P 500 Dynamic Buffer ETF$1.70M0.58%Jun 24, 2025-0.49
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.49
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3MN/AJun 16, 2009-0.49
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.48
METDDIREXION DAILY META BEAR 1X SHARES $8.60M1.02%Jun 5, 2024-0.48
RXDProShares UltraShort Health Care -2x Shares$4.90MN/AJan 30, 2007-0.47
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $33MN/AJul 16, 2009-0.47
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.47
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $228M1.04%Sep 30, 2021-0.46
QCMUDirexion Daily QCOM Bull 2X ETF$22MN/AJun 24, 2025-0.46
OILDBank of Montreal$19MN/ANov 8, 2021-0.45
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$1.10BN/ANov 24, 2008-0.44
SOFRAmplify Samsung SOFR ETF$423M0.20%Nov 14, 2023-0.44
TSIIREX TSLA GROWTH & INCOME ETF $41MN/AJun 3, 2025-0.44
RBProShares Russell 2000 Dynamic Buffer ETF$1.10M0.58%Jun 24, 2025-0.41
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.40
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $4.80MN/AMar 31, 2025-0.39
IVESWedbush ETFMG Global Cloud Technology ETF$997M0.75%Jun 3, 2025-0.39
CRMGLEVERAGE SHARES 2X LONG CRM DAILY ETF $31MN/AFeb 9, 2026-0.39
ELILDirexion Daily LLY Bull 2X Shares$18MN/AMar 25, 2025-0.39
AMZWROUNDHILL AMZN WEEKLYPAY ETF $41MN/AJun 17, 2025-0.38
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $396M0.51%Dec 18, 2013-0.38