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36 Stocks and 64 ETFs for diversifying PGX (INVESCO PREFERRED ETF)

The least correlated asset to PGX (INVESCO PREFERRED ETF) is ETF SJB (PROSHARES SHORT HIGH YIELD). The correlation is -0.8119.

Stocks that lowly correlated with PGX

SymbolName
Market cap
SectorIndustry
Correlation
KCHVKochav Defense Acquisition Corp - Class A$263MFinancial ServicesShell Companies-0.65
SLDESlide Insurance Holdings Inc$2.32BFinancial ServicesInsurance - Property & Casualty-0.64
CHAChagee Holdings Ltd$1.84BConsumer CyclicalRestaurants-0.61
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.60
CRECre8 Enterprise Ltd Class A$6.60MIndustrialsSpecialty Business Services-0.57
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.53
CRAQCal Redwood Acquisition Corp$320MFinancial ServicesShell Companies-0.53
PGACPantages Capital Acquisition Corp Cl A Ord Shs$118MFinancial ServicesShell Companies-0.51
ETOREtoro Group Ltd - Class A$3.63BFinancial ServicesCapital Markets-0.51
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.51
WTGWintergreen Acquisition Corp$58MFinancial ServicesShell Companies-0.50
IPCXInflection Point Acquisition Corp III - Class A$263MFinancial ServicesShell Companies-0.50
SMXTSolarMax Technology Inc$20MTechnologySolar-0.49
OYSEOyster Enterprises II Acquisition Corp$268MFinancial ServicesShell Companies-0.48
LCCCLakeshore Acquisition III Corp$72MFinancial ServicesShell Companies-0.48
LWACLightWave Acquisition Corp - Class A$221MFinancial ServicesShell Companies-0.48
DAAQDigital Asset Acquisition Corp - Class A$180MFinancial ServicesShell Companies-0.48
FIGXFIGX Capital Acquisition Corp - Class A$159MFinancial ServicesShell Companies-0.47
YSXTYsx Tech Co.Ltd - Class A$20MIndustrialsSpecialty Business Services-0.47
OMSEOMS Energy Technologies Inc$197MEnergyOil & Gas Equipment & Services-0.47
ELOGEastern International Ltd$9.59MIndustrialsIntegrated Freight & Logistics-0.46
MAMKMaxsMaking Inc - Class A$195MIndustrialsConglomerates-0.46
GTERAGloba Terra Acquisition Corporation Class A$246MFinancial ServicesShell Companies-0.46
STRZStarz Entertainment Corp$468MCommunication ServicesEntertainment-0.45
PROPPrairie Operating Co. Common Stock$60MEnergyOil & Gas E&p-0.44
MAGHMagnitude International Ltd$230MIndustrialsEngineering & Construction-0.44
ORIQUOrigin Investment Corp I - Units (1 Ord Cls & 1/2 War)$22MFinancial ServicesShell Companies-0.43
TACHTitan Acquisition Corp - Class A$288MFinancial ServicesShell Companies-0.43
CTWCTW Cayman - Class A$147MCommunication ServicesElectronic Gaming & Multimedia-0.43
SIShoulder Innovations Inc$452MN/AN/A-0.42
RALRALSTON PURINA CO$7.56BTechnologyElectronic Components-0.40
APADREnhanced Group Inc$6.67MN/AN/A-0.40
AXINAxiom Intelligence Acquisition Corp 1 - Class A$341MFinancial ServicesShell Companies-0.40
DECN/A$961MEnergyOil & Gas Integrated-0.40
FIGFigma Inc - Class A$12BTechnologySoftware - Application-0.40
SAFXXCF Global Inc$145MUtilitiesUtilities - Renewable-0.39

ETFs that lowly correlated with PGX

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.81
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.78
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.76
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.71
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.71
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.71
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.71
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.71
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.70
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.70
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.69
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.69
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.69
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.69
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.68
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.67
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.67
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.67
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.67
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.67
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $176M0.50%May 10, 2021-0.66
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.66
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.66
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.66
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.65
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.65
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.65
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.64
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.64
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.63
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.62
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.62
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.61
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.61
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.60
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.60
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.60
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.60
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.59
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.58
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.58
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $29MN/AJul 16, 2009-0.57
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $274M1.04%Sep 30, 2021-0.55
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.54
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.54
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.52
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.51
SDPProShares UltraShort Utilities -2x Shares$3.90MN/AJan 30, 2007-0.50
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.50
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.49
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.49
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.47
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.46
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.45
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $298M0.90%Dec 1, 2020-0.44
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.43
SOFRAmplify Samsung SOFR ETF$445M0.20%Nov 14, 2023-0.42
MMKTTEXAS CAPITAL GOVERNMENT MONEY MARKET ETF $73M0.20%Sep 24, 2024-0.42
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.41
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.41
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.40
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.39
WTIDBank of Montreal$18MN/AFeb 16, 2023-0.38
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.38