Skip to main content

Want a detailed portfolio tracker?

29 Stocks and 71 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 -0.8274.

Stocks that lowly correlated with PDT

SymbolName
Market cap
SectorIndustry
Correlation
THHTryHard Holdings Ltd$12MIndustrialsSpecialty Business Services-0.71
HCHLHappy City Holdings Ltd - Class A$59MConsumer CyclicalRestaurants-0.71
RALRALSTON PURINA CO$7.56BTechnologyElectronic Components-0.68
LIONLionsgate Studios Corp - New$3.99BFinancial ServicesShell Companies-0.66
CVCapsoVision Inc$315MHealthcareMedical Devices-0.59
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
SRTAStrata Critical Medical Inc Cl A Com$462MHealthcareMedical Care Facilities-0.52
PROPPrairie Operating Co. Common Stock$60MEnergyOil & Gas E&p-0.52
HERZHerzfeld Credit Income Fund Inc Com$230MFinancial ServicesAsset Management-0.52
GTERRGloba Terra Acquisition Corporation Rights$407KN/AN/A-0.52
OYSEOyster Enterprises II Acquisition Corp$268MFinancial ServicesShell Companies-0.51
NMPAUNMP Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$35MFinancial ServicesShell Companies-0.50
SSEAUStarry Sea Acquisition Corp - Units (1 Ord Shs & 1/6 Rts)$19MFinancial ServicesShell Companies-0.48
OTFBlue Owl Technology Finance Corp$4.79BFinancial ServicesAsset Management-0.47
TVAIRThayer Ventures Acquisition Corporation II Rights$166KN/AN/A-0.47
LGPSLogProstyle Inc$26MIndustrialsConglomerates-0.46
ATPCAgape ATP Corp$2.52MConsumer DefensivePackaged Foods-0.46
FIGXUFIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$35MFinancial ServicesShell Companies-0.45
BCARBank of the Carolinas CORP$303MFinancial ServicesShell Companies-0.45
AMAOAmerican Acquisition Opportunity Inc - Class A$118MN/AN/A-0.44
MHMcGraw Hill Inc$1.95BConsumer DefensiveEducation & Training Services-0.44
TTANServiceTitan Inc - Class A$7.44BTechnologySoftware - Application-0.44
ORIQUOrigin Investment Corp I - Units (1 Ord Cls & 1/2 War)$22MFinancial ServicesShell Companies-0.44
WETOWetour Robotics Ltd$11MTechnologySoftware - Infrastructure-0.44
NCEWNew Century Logistics (BVI) Ltd$54MIndustrialsIntegrated Freight & Logistics-0.43
PLMKUPlum Acquisition Corp IV - Units (1 Ord cls A & 1/2 Warr)$213MFinancial ServicesShell Companies-0.43
LCCCLakeshore Acquisition III Corp$72MFinancial ServicesShell Companies-0.43
MAGHMagnitude International Ltd$230MIndustrialsEngineering & Construction-0.42

ETFs that lowly correlated with PDT

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.83
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.81
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.79
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.73
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.72
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.72
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.72
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.72
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.72
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.72
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.72
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.71
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.71
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.71
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.70
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.69
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.69
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.69
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.69
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.69
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.68
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.68
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.68
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.67
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.67
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.66
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.64
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.64
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.64
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.63
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.62
SDPProShares UltraShort Utilities -2x Shares$3.90MN/AJan 30, 2007-0.62
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.59
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.57
NOWLGRANITESHARES 2X LONG NOW DAILY ETF $286MN/AJul 14, 2025-0.56
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.55
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.55
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.55
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.54
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.54
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $176M0.50%May 10, 2021-0.53
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.53
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.52
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.52
WTIDBank of Montreal$18MN/AFeb 16, 2023-0.51
MMKTTEXAS CAPITAL GOVERNMENT MONEY MARKET ETF $73M0.20%Sep 24, 2024-0.50
MSFWROUNDHILL MSFT WEEKLYPAY ETF $27MN/AJul 23, 2025-0.50
DVXKWEBs Defined Volatility XLK ETF$8M0.89%Jul 22, 2025-0.50
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.50
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.49
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.49
BAIGLEVERAGE SHARES 2X LONG BBAI DAILY ETF $14MN/AAug 20, 2025-0.49
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3.20MN/AJun 16, 2009-0.48
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.48
QGRDHORIZON NASDAQ-100 DEFINED RISK ETF $106M0.85%Jul 9, 2025-0.47
SGVTSCHWAB GOVERNMENT MONEY MARKET ETF $770M0.28%Jun 11, 2025-0.47
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $29MN/AJul 16, 2009-0.46
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.46
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.46
XLKISTATE STREET(R) TECHNOLOGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $11M0.35%Jul 29, 2025-0.46
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$895MN/ANov 24, 2008-0.46
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $274M1.04%Sep 30, 2021-0.46
TOAKTWIN OAK SHORT HORIZON ABSOLUTE RETURN ETF $91M0.25%Aug 19, 2024-0.46
OILDBank of Montreal$53MN/ANov 8, 2021-0.45
QCMUDirexion Daily QCOM Bull 2X ETF$30MN/AJun 24, 2025-0.45
TRUTVANECK TECHNOLOGY TRUSECTOR ETF $163M0.14%Aug 20, 2025-0.44
GXPTGLOBAL X PURECAP MSCI INFORMATION TECHNOLOGY ETF $121M0.15%Jul 22, 2025-0.44
RBILF/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF $139M0.17%Feb 24, 2025-0.44
SOFRAmplify Samsung SOFR ETF$445M0.20%Nov 14, 2023-0.43
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.43
SHPUDIREXION DAILY SHOP BULL 2X ETF $15MN/AAug 5, 2025-0.43