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28 Stocks and 72 ETFs for diversifying PPT (Putnam Premier Income Trust)

The least correlated asset to PPT (Putnam Premier Income Trust) is ETF SJB (PROSHARES SHORT HIGH YIELD). The correlation is -0.7816.

Stocks that lowly correlated with PPT

SymbolName
Market cap
SectorIndustry
Correlation
CVCapsoVision Inc$315MHealthcareMedical Devices-0.60
FIGFigma Inc - Class A$12BTechnologySoftware - Application-0.60
CRCLCircle Internet Group Inc - Class A$16BFinancial ServicesCapital Markets-0.58
PROPPrairie Operating Co. Common Stock$60MEnergyOil & Gas E&p-0.54
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.54
CRECre8 Enterprise Ltd Class A$6.60MIndustrialsSpecialty Business Services-0.52
DFSCDEFSEC Technologies Inc Com$3.99MIndustrialsAerospace & Defense-0.51
HCHLHappy City Holdings Ltd - Class A$59MConsumer CyclicalRestaurants-0.51
CTWCTW Cayman - Class A$147MCommunication ServicesElectronic Gaming & Multimedia-0.50
ORIQUOrigin Investment Corp I - Units (1 Ord Cls & 1/2 War)$22MFinancial ServicesShell Companies-0.49
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.49
PNSkycorp Solar Group Ltd - Series A$91MTechnologySolar-0.47
NMAXNewsmax Inc Class B$1.09BCommunication ServicesBroadcasting-0.46
SLDESlide Insurance Holdings Inc$2.32BFinancial ServicesInsurance - Property & Casualty-0.45
APADREnhanced Group Inc$6.67MN/AN/A-0.45
RIBBRRibbon Acquisition Corp Rights$277KN/AN/A-0.44
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.44
MHMcGraw Hill Inc$1.95BConsumer DefensiveEducation & Training Services-0.44
STRZStarz Entertainment Corp$468MCommunication ServicesEntertainment-0.42
ARXAccelerant Holdings - Class A$2.82BFinancial ServicesInsurance Brokers-0.42
MAGHMagnitude International Ltd$230MIndustrialsEngineering & Construction-0.40
OFSSOOFS Capital Corp$341MN/AN/A-0.40
NYAXNayax Ltd$2.63BTechnologySoftware - Infrastructure-0.39
NTBLNotable Labs Inc Ord$2.39MHealthcareBiotechnology-0.39
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.39
SHLTSHL Telemedicine Ltd ADR$39MHealthcareHealth Information Services-0.38
IBIOiBio Inc$58MHealthcareBiotechnology-0.37
ELOGEastern International Ltd$9.59MIndustrialsIntegrated Freight & Logistics-0.37

ETFs that lowly correlated with PPT

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.78
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.77
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.75
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.74
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.74
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.73
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.73
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.73
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.73
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.73
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.73
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.72
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.72
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.72
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.72
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.70
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.70
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.70
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.69
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.67
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.67
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.67
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.67
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.67
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.66
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.66
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.66
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.65
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.65
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.65
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.58
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.58
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.58
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.58
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.57
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.57
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.57
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.55
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.54
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.54
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.53
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.53
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.52
NOWLGRANITESHARES 2X LONG NOW DAILY ETF $286MN/AJul 14, 2025-0.52
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.51
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.51
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.50
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.50
RBILF/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF $139M0.17%Feb 24, 2025-0.48
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.48
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.48
WTIDBank of Montreal$18MN/AFeb 16, 2023-0.47
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.47
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $274M1.04%Sep 30, 2021-0.46
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $29MN/AJul 16, 2009-0.46
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.46
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.46
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.46
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $176M0.50%May 10, 2021-0.45
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.45
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.45
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.44
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$895MN/ANov 24, 2008-0.44
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.42
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $298M0.90%Dec 1, 2020-0.42
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3.20MN/AJun 16, 2009-0.41
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.41
WTIPWISDOMTREE INFLATION PLUS FUND $21M0.65%Jun 16, 2025-0.41
OILDBank of Montreal$53MN/ANov 8, 2021-0.41
CSHPEnhanced Short-Term Bond ETF$106M0.20%Jul 17, 2024-0.38
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.38
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.38