40 Stocks and 60 ETFs for diversifying PHDG (INVESCO S&P 500 DOWNSIDE HEDGED ETF)
The least correlated asset to PHDG (INVESCO S&P 500 DOWNSIDE HEDGED ETF) is ETF QCMD (Direxion Daily QCOM Bear 1X ETF). The correlation is -0.728.
Stocks that lowly correlated with PHDG
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| MCTR | CTRL Group Ltd | $15M | Communication Services | Advertising Agencies | -0.60 |
| APAD | Enhanced Group Inc - Class A | $161M | Financial Services | Shell Companies | -0.57 |
| ASIC | Ategrity Specialty Holdings LLC | $1.08B | Financial Services | Insurance - Property & Casualty | -0.55 |
| LZMH | LZ Technology Holdings Ltd - Class B | $9.02M | Technology | Information Technology Services | -0.55 |
| EPWK | EPWK Holdings Ltd - Class A | $9.78K | Technology | Software - Application | -0.53 |
| PLBL | Polibeli Group Ltd | $2.84B | Consumer Cyclical | Department Stores | -0.51 |
| GSRM | Bitcoin Depot Inc - Class A | $54M | N/A | N/A | -0.50 |
| AZI | Autozi Internet Technology (Global) Ltd - Class A | $9.05M | Consumer Cyclical | Auto & Truck Dealerships | -0.48 |
| YSXT | Ysx Tech Co.Ltd - Class A | $20M | Industrials | Specialty Business Services | -0.48 |
| BOWN | Bowen Acquisition Corp | $21M | Financial Services | Shell Companies | -0.48 |
| DFDV | DeFi Development Corp | $91M | Financial Services | Asset Management | -0.46 |
| SI | Shoulder Innovations Inc | $452M | N/A | N/A | -0.46 |
| PGAC | Pantages Capital Acquisition Corp Cl A Ord Shs | $118M | Financial Services | Shell Companies | -0.46 |
| AMRZ | Amrize Ltd | $28B | Basic Materials | Building Materials | -0.45 |
| AVBC | Avidia Bancorp Inc | $407M | Financial Services | Banks - Regional | -0.44 |
| BAYAR | Bayview Acquisition Corp | $143K | N/A | N/A | -0.44 |
| HRYU | Global Interactive Technologies Inc | $760K | Communication Services | Internet Content & Information | -0.44 |
| BOWNU | Bowen Acquisition Corp - Units (1 Ordinary share & 1 Right) | $30M | Financial Services | Shell Companies | -0.43 |
| GATE | VISTASHARES TARGET 15 GATE ENDOWMENT DISTRIBUTION ETF | $425M | Financial Services | Shell Companies | -0.43 |
| GIG | GigCapital7 Corp - Class A | $353M | Financial Services | Shell Companies | -0.42 |
| JCAP | Jefferson Capital Inc | $1.06B | Financial Services | Credit Services | -0.42 |
| NIQ | NIQ Global Intelligence plc | $3.24B | N/A | N/A | -0.41 |
| GATEU | Marblegate Acquisition Corp - Units (1 Ord Share Class A & 1/2 War) | $340M | Financial Services | Shell Companies | -0.41 |
| PHH | Park Ha Biological Technology Co Ltd | $11M | Consumer Defensive | Household & Personal Products | -0.40 |
| ZYBT | Zhengye Biotechnology Holding Ltd | $35M | Healthcare | Drug Manufacturers - Specialty & Generic | -0.40 |
| WGRX | Wellgistics Health Inc | $6.79M | Healthcare | Pharmaceutical Retailers | -0.40 |
| GLIBK | GCI Liberty Inc | $877M | Communication Services | Telecom Services | -0.40 |
| WTG | Wintergreen Acquisition Corp | $58M | Financial Services | Shell Companies | -0.40 |
| LGPS | LogProstyle Inc | $26M | Industrials | Conglomerates | -0.40 |
| CHYM | Chime Financial Inc - Class A | $8.43B | Technology | Software - Application | -0.39 |
| TFIN-P | Triumph Financial Inc Depositary Shares Series C | $531M | Financial Services | Banks - Regional | -0.39 |
| GIBO | GIBO Holdings Ltd | $106M | Communication Services | Internet Content & Information | -0.38 |
| ZSPC | Zspace Inc | $2.96M | Technology | Computer Hardware | -0.37 |
| TRUG | TruGolf Holdings Inc - Class A | $1.24M | Consumer Cyclical | Leisure | -0.36 |
| WSBK | Winchester Bancorp Inc | $121M | Financial Services | Banks - Regional | -0.36 |
| HPAI | Helport AI Ltd | $21M | Technology | Software - Infrastructure | -0.36 |
| RFAI | RF Acquisition Corp II | $116M | Financial Services | Shell Companies | -0.36 |
| CEP | Cantor Equity Partners Inc - Class A | $183M | Financial Services | Shell Companies | -0.35 |
| CCIX | Churchill Capital Corp IX | $312M | Financial Services | Shell Companies | -0.35 |
| SCAG | Scage Future | $25M | Industrials | Farm & Heavy Construction Machinery | -0.35 |