9 Stocks and 91 ETFs for diversifying PFUT (Putnam Sustainable Future ETF)
The least correlated asset to PFUT (Putnam Sustainable Future ETF) is ETF WEBS (DIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES). The correlation is -0.899.
Stocks that lowly correlated with PFUT
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| SOL | Emeren Group Ltd American Depositary Shares, each representing 10 shares | $100M | Technology | Solar | -0.67 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.64 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.51 |
| GLIBA | GCI Liberty Inc - Class A | $879M | Communication Services | Telecom Services | -0.50 |
| CDTG | CDT Environmental Technology Investment Holdings Ltd | $3.77M | Industrials | Waste Management | -0.48 |
| HBNB | Hotel101 Global Holdings Corp | $1.31B | Real Estate | Real Estate Services | -0.46 |
| MAMK | MaxsMaking Inc - Class A | $195M | Industrials | Conglomerates | -0.45 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.44 |
| APADU | A Paradise Acquisition Corp Unit | $67M | Financial Services | Shell Companies | -0.44 |