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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 -0.7765.

Stocks that lowly correlated with PPT

SymbolName
Market cap
SectorIndustry
Correlation
CRCLCircle Internet Group Inc - Class A$25BFinancial ServicesCapital Markets-0.62
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.61
SLDESlide Insurance Holdings Inc$2.20BFinancial ServicesInsurance - Property & Casualty-0.60
TMDETMD Energy Ltd$18MEnergyOil & Gas Midstream-0.55
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.55
PROPPrairie Operating Co. Common Stock$81MEnergyOil & Gas E&p-0.54
DFSCDEFSEC Technologies Inc Com$8.73MIndustrialsAerospace & Defense-0.54
HCHLHappy City Holdings Ltd - Class A$59MConsumer CyclicalRestaurants-0.51
STAKStak Inc$17MEnergyOil & Gas Equipment & Services-0.49
PNSkycorp Solar Group Ltd - Series A$100MTechnologySolar-0.49
NMAXNewsmax Inc Class B$1BCommunication ServicesBroadcasting-0.47
RIBBRRibbon Acquisition Corp Rights$277KN/AN/A-0.47
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.44
STRZStarz Entertainment Corp$380MCommunication ServicesEntertainment-0.42
RAAQReal Asset Acquisition Corp - Class A$196MFinancial ServicesShell Companies-0.40
NYAXNayax Ltd$3.09BTechnologySoftware - Infrastructure-0.39
RALRalliant Corporation$6.99BN/AN/A-0.38
SHLTSHL Telemedicine Ltd ADR$39MHealthcareHealth Information Services-0.38
DXYZDestiny Tech100 Inc$629MFinancial ServicesAsset Management-0.38
NTBLNotable Labs Inc Ord$2.39MHealthcareBiotechnology-0.38
IBIOiBio Inc$65MHealthcareBiotechnology-0.37
ETOREtoro Group Ltd - Class A$3.64BFinancial ServicesCapital Markets-0.36
TPETTrio Petroleum Corp$3.76MEnergyOil & Gas E&p-0.36
CHAChagee Holdings Ltd$1.65BConsumer CyclicalRestaurants-0.35
PLMKUPlum Acquisition Corp IV - Units (1 Ord cls A & 1/2 Warr)$54MFinancial ServicesShell Companies-0.35
STISolidion Technology Inc$36MIndustrialsElectrical Equipment & Parts-0.35
SMXTSolarMax Technology Inc$31MTechnologySolar-0.35
CSAICloudastructure Inc - Class A$8.98MTechnologySoftware - Infrastructure-0.35

ETFs that lowly correlated with PPT

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.78
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.77
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.75
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.74
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.74
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.73
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.73
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.73
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.73
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.73
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.73
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.72
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.72
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.72
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 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 $12M0.95%Mar 16, 2010-0.69
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.69
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.68
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.68
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.67
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.67
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.67
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.66
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.66
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.66
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.65
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.65
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.65
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.59
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.58
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.58
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.58
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.57
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.55
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.54
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.54
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.54
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.53
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.53
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.52
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.52
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.51
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.51
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $40MN/ANov 6, 2008-0.50
METDDIREXION DAILY META BEAR 1X SHARES $8.60M1.02%Jun 5, 2024-0.50
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.49
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.48
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.48
WTIDBank of Montreal$6.60MN/AFeb 16, 2023-0.47
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.47
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.47
RXDProShares UltraShort Health Care -2x Shares$4.90MN/AJan 30, 2007-0.47
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $228M1.04%Sep 30, 2021-0.47
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $33MN/AJul 16, 2009-0.46
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $210M0.50%May 10, 2021-0.46
AVSDIREXION DAILY AVGO BEAR 1X SHARES $6.90M1.03%Oct 9, 2024-0.46
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$1.10BN/ANov 24, 2008-0.43
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $307M0.90%Dec 1, 2020-0.43
CSHPEnhanced Short-Term Bond ETF$190M0.20%Jul 17, 2024-0.42
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3MN/AJun 16, 2009-0.41
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.41
OILDBank of Montreal$19MN/ANov 8, 2021-0.41
QIDPROSHARES ULTRASHORT QQQ $279MN/AJul 11, 2006-0.38
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $396M0.51%Dec 18, 2013-0.37
AHLTAMERICAN BEACON AHL TREND ETF $50M0.95%Aug 30, 2023-0.37
SDPProShares UltraShort Utilities -2x Shares$4.60MN/AJan 30, 2007-0.36
CMCIVANECK CMCI COMMODITY STRATEGY ETF $2.90M0.67%Aug 21, 2023-0.36
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.36
DCMTDOUBLELINE COMMODITY STRATEGY ETF $39M0.66%Jan 31, 2024-0.35
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $16M0.96%Aug 8, 2022-0.35