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78 Stocks and 22 ETFs for diversifying PIPE (Invesco SteelPath MLP & Energy Infrastructure ETF)

The least correlated asset to PIPE (Invesco SteelPath MLP & Energy Infrastructure ETF) is company U.S. Xpress Enterprises (USX). The correlation is -1.

Stocks that lowly correlated with PIPE

SymbolName
Market cap
SectorIndustry
Correlation
USXU.S. Xpress Enterprises Inc - Class A$332MIndustrialsTrucking-1.00
SMTKSmartKem, Inc. Common Stock$4.23MTechnologySemiconductor Equipment & Materials-1.00
GSRMBitcoin Depot Inc - Class A$54MN/AN/A-0.98
DMDesktop Metal Inc - Class A$165MN/AN/A-0.96
NAOVNanoVibronix Inc$15MHealthcareMedical Devices-0.84
OPOFOld Point Financial Corp$215MFinancial ServicesBanks - Regional-0.83
GBNYGenerations Bancorp NY Inc$34MFinancial ServicesBanks - Regional-0.80
OPTNOptiNose Inc$112MN/AN/A-0.74
FRESFresh2 Group Limited$2.97MHealthcareDiagnostics & Research-0.74
MDRRPMedalist Diversified REIT Inc$28MReal EstateReit - Diversified-0.74
MCACUConnectM Technology Solutions Inc - Units (1 Ord Class A 1 War & 1 Right)$70MFinancial ServicesShell Companies-0.74
CVIIChurchill Capital Corp VII - Class A$570MFinancial ServicesShell Companies-0.74
AILEiLearningEngines Holdings Inc - Class A$59MTechnologySoftware - Infrastructure-0.74
PXDTPixie Dust Technologies Inc$8.62MTechnologyConsumer Electronics-0.74
NTBLNotable Labs Inc Ord$2.39MHealthcareBiotechnology-0.74
THTXTheratechnologies Inc$167MHealthcareBiotechnology-0.72
STAIScanTech AI Systems Inc. Common stock$325KIndustrialsBuilding Products & Equipment-0.71
AACTAres Acquisition Corporation II - Class A$588MFinancial ServicesShell Companies-0.71
AACIArmada Acquisition Corp I$77MFinancial ServicesShell Companies-0.70
MAMOMassimo Group$41MConsumer CyclicalRecreational Vehicles-0.67
THHTryHard Holdings Ltd$12MIndustrialsSpecialty Business Services-0.66
PFSAProfusa Inc$577KHealthcareMedical Devices-0.63
HMSTHomeStreet Inc$262MN/AN/A-0.63
CCBCoastal Financial Corp$1.20BFinancial ServicesBanks - Regional-0.62
HTFLHeartflow Inc$2.35BHealthcareHealth Information Services-0.62
FUBOfuboTV Inc - Class A$316MCommunication ServicesBroadcasting-0.61
IBGInnovation Beverage Group Ltd$1.60MConsumer DefensiveBeverages - Wineries & Distilleries-0.61
SERAgeX Therapeutics Inc$29MHealthcareBiotechnology-0.60
PFSIPennyMac Financial Services Inc$4.41BFinancial ServicesMortgage Finance-0.59
MGICMagic Software Enterprises Ltd$853MTechnologyInformation Technology Services-0.59
CBZCbiz Inc$2.19BIndustrialsSpecialty Business Services-0.59
BNRGBrenmiller Energy Ltd$1.54MUtilitiesUtilities - Renewable-0.59
CREVCarbon Revolution Public Ltd Company$758KConsumer CyclicalAuto Parts-0.59
DXSTDecent Holding Inc$1.65MIndustrialsWaste Management-0.59
SURGSurgepays Inc$7.87MCommunication ServicesTelecom Services-0.59
ARAIArrive AI Inc$15MTechnologyScientific & Technical Instruments-0.58
CHPGRChampionsGate Acquisition Corp$264KN/AN/A-0.58
AZIAutozi Internet Technology (Global) Ltd - Class A$9.05MConsumer CyclicalAuto & Truck Dealerships-0.58
SLNDSouthland Holdings Inc$39MIndustrialsEngineering & Construction-0.57
ATONAlphaTON Capital Corp$5.75MFinancial ServicesAsset Management-0.57
BBOTBridgeBio Oncology Therapeutics Inc Com$674MHealthcareBiotechnology-0.57
CAICaris Life Sciences Inc - Class A$4.94BHealthcareBiotechnology-0.57
FLGTFulgent Genetics Inc$606MHealthcareDiagnostics & Research-0.56
RYANRyan Specialty Holdings Inc Class A$9.72BFinancial ServicesInsurance - Specialty-0.56
LOCLLocal Bounti Corp - Class A$31MConsumer DefensiveFarm Products-0.56
BACQBleichroeder Acquisition Corp I - Class A$545MFinancial ServicesShell Companies-0.56
ADILAdial Pharmaceuticals Inc$4.24MHealthcareBiotechnology-0.55
FIGXUFIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$35MFinancial ServicesShell Companies-0.55
DGNXDiginex Ltd$28MIndustrialsConsulting Services-0.55
PACBPacific Biosciences of California Inc$475MHealthcareMedical Devices-0.55
OTFBlue Owl Technology Finance Corp$4.79BFinancial ServicesAsset Management-0.55
GTERRGloba Terra Acquisition Corporation Rights$407KN/AN/A-0.55
FLUTFlutter Entertainment Plc$19BConsumer CyclicalGambling-0.55
UOKAMDJM Ltd$106KConsumer CyclicalLodging-0.55
GENIGenius Sports Ltd$1.63BCommunication ServicesInternet Content & Information-0.55
NUTXNutex Health Inc$1.22BHealthcareMedical Care Facilities-0.54
AMBOAmbow Education Holding Ltd$5.42MConsumer DefensiveEducation & Training Services-0.54
BIOXBioceres Crop Solutions Corp$22MBasic MaterialsAgricultural Inputs-0.54
HCKTHackett Group Inc (The)$255MTechnologyInformation Technology Services-0.54
SDGRSchrodinger Inc$1.20BHealthcareHealth Information Services-0.54
BGMQilian International Holding Group Ltd - Class A$7.45MHealthcareDrug Manufacturers - Specialty & Generic-0.54
ANSCAgriculture & Natural Solutions Acquisition Corp - Class A$377MFinancial ServicesShell Companies-0.54
TOIOncology Institute Inc (The)$566MHealthcareMedical Care Facilities-0.54
HMYHarmony Gold Mining Co Ltd$9.57BBasic MaterialsGold-0.54
CNETZW Data Action Technologies Inc$2.88MCommunication ServicesAdvertising Agencies-0.53
CLBRColombier Acquisition Corp II - Class A$366MFinancialsInvestment Holding Companies-0.53
QNCXQuince Therapeutics Inc$13MHealthcareBiotechnology-0.53
AFMDAffimed N.V.$2.98MHealthcareBiotechnology-0.53
DTSTWData Storage Corp - Warrants (13/05/2026)$22MN/AN/A-0.53
CSGPCostar Group Inc$12BReal EstateReal Estate Services-0.53
RGENRepligen Corp$8.35BHealthcareMedical Instruments & Supplies-0.53
SVIISpring Valley Acquisition Corp II - Class A$28MFinancial ServicesShell Companies-0.52
MEDPMedpace Holdings Inc$15BHealthcareDiagnostics & Research-0.52
EPOWE-Power Inc - Class A$19MIndustrialsElectrical Equipment & Parts-0.52
FATBPFAT Brands Inc$2.38MConsumer CyclicalRestaurants-0.52
HURNHuron Consulting Group Inc$1.94BIndustrialsConsulting Services-0.52
ARAYAccuray Inc$33MHealthcareMedical Devices-0.52
GAINNGladstone Investment Corporation$1BN/AN/A-0.52

ETFs that lowly correlated with PIPE

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.88
FIYYGRANITESHARES YIELDBOOST 20Y+ TREASURIES ETF $732K1.07%May 4, 2026-0.86
OILDBank of Montreal$53MN/ANov 8, 2021-0.83
WTIDBank of Montreal$18MN/AFeb 16, 2023-0.83
HOOWROUNDHILL HOOD WEEKLYPAY ETF $146MN/AJun 17, 2025-0.78
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.77
HOOYYIELDMAX(R) HOOD OPTION INCOME STRATEGY ETF $133M0.99%May 7, 2025-0.74
SHPUDIREXION DAILY SHOP BULL 2X ETF $15MN/AAug 5, 2025-0.69
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$895MN/ANov 24, 2008-0.65
BASGBROWN ADVISORY SUSTAINABLE GROWTH ETF $494M0.61%Jun 13, 2025-0.61
BAMUBrookstone Ultra-Short Bond ETF$68M1.05%Sep 26, 2023-0.60
MTRAINVESCO INTERNATIONAL GROWTH FOCUS ETF $148M0.54%Jun 11, 2025-0.59
MSFWROUNDHILL MSFT WEEKLYPAY ETF $27MN/AJul 23, 2025-0.59
XLFISTATE STREET(R) FINANCIAL SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $5.80M0.35%Jul 29, 2025-0.58
OPERCLEARSHARES ULTRA-SHORT MATURITY ETF $118M0.20%Jul 10, 2018-0.56
TSITCW Strategic Income Fund Inc$233MN/AN/A-0.55
CGGGCAPITAL GROUP U.S. LARGE GROWTH ETF SHARE CLASS$81M0.39%Jun 24, 2025-0.54
HBDCHilton BDC Corporate Bond ETF$84M0.39%Jun 10, 2025-0.53
CLIPGLOBAL X 1-3 MONTH T-BILL ETF $2.60B0.07%Jun 20, 2023-0.53
CBOACalamos Bitcoin Structured Alt Protection ETF April$4.80M0.69%Apr 4, 2025-0.52
BILSTATE STREET(R) SPDR(R) BLOOMBERG 1-3 MONTH T-BILL ETF $47B0.14%May 25, 2007-0.52
RWRAINWATER EQUITY ETF $18M1.27%Jun 17, 2025-0.52