10 Stocks and 90 ETFs for diversifying PFI (INVESCO DORSEY WRIGHT FINANCIAL MOMENTUM ETF)
The least correlated asset to PFI (INVESCO DORSEY WRIGHT FINANCIAL MOMENTUM ETF) is ETF SEF (ProShares Short Financials -1x Shares). The correlation is -0.8798.
Stocks that lowly correlated with PFI
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| TMDE | TMD Energy Ltd | $18M | Energy | Oil & Gas Midstream | -0.60 |
| EMA | Emera Incorporated | $16B | Utilities | Utilities - Regulated Electric | -0.50 |
| TACH | Titan Acquisition Corp - Class A | $286M | Financial Services | Shell Companies | -0.49 |
| SDHIR | Siddhi Acquisition Corp | $1.38M | N/A | N/A | -0.49 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.47 |
| GSHR | Gesher Acquisition Corp II - Class A | $155M | Financial Services | Shell Companies | -0.46 |
| CDTG | CDT Environmental Technology Investment Holdings Ltd | $3.77M | Industrials | Waste Management | -0.44 |
| CPSR | Gelesis Holdings Inc - Class A | $1.87B | N/A | N/A | -0.42 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.42 |
| RIBBU | Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $56M | Financial Services | Shell Companies | -0.42 |