Overview Performance Dividends Splits Correlations

20 Stocks and 80 ETFs for diversifying PREF (PRINCIPAL SPECTRUM PREFERRED SECURITIES ACTIVE ETF)

The least correlated asset to PREF (PRINCIPAL SPECTRUM PREFERRED SECURITIES ACTIVE ETF) is ETF SJB (PROSHARES SHORT HIGH YIELD). The correlation is -0.8769.

Stocks that lowly correlated with PREF

Symbol	Name	Market cap	Sector	Industry	Correlation
CTW	CTW Cayman - Class A	$147M	Communication Services	Electronic Gaming & Multimedia	-0.57
TMDE	TMD Energy Ltd	$21M	Energy	Oil & Gas Midstream	-0.56
PROP	Prairie Operating Co. Common Stock	$60M	Energy	Oil & Gas E&p	-0.55
OYSE	Oyster Enterprises II Acquisition Corp	$268M	Financial Services	Shell Companies	-0.53
LGPS	LogProstyle Inc	$26M	Industrials	Conglomerates	-0.50
CRE	Cre8 Enterprise Ltd Class A	$6.60M	Industrials	Specialty Business Services	-0.48
CRCL	Circle Internet Group Inc - Class A	$16B	Financial Services	Capital Markets	-0.47
GNLX	Genelux Corp	$130M	Healthcare	Biotechnology	-0.45
KCHV	Kochav Defense Acquisition Corp - Class A	$263M	Financial Services	Shell Companies	-0.43
PACH	Pioneer Acquisition I Corp - Class A	$260M	Financial Services	Shell Companies	-0.42
OMH	Ohmyhome Ltd	$8.22M	Real Estate	Real Estate Services	-0.42
SAFX	XCF Global Inc	$145M	Utilities	Utilities - Renewable	-0.42
CURX	Curanex Pharmaceuticals Inc	$6.11M	Healthcare	Biotechnology	-0.41
NCEW	New Century Logistics (BVI) Ltd	$54M	Industrials	Integrated Freight & Logistics	-0.41
OMSE	OMS Energy Technologies Inc	$197M	Energy	Oil & Gas Equipment & Services	-0.41
FIG	Figma Inc - Class A	$12B	Technology	Software - Application	-0.40
EQV	EQV Ventures Acquisition Corp.	$466M	Financial Services	Shell Companies	-0.40
NYAX	Nayax Ltd	$2.63B	Technology	Software - Infrastructure	-0.39
WTGUU	Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)	$18M	Financial Services	Shell Companies	-0.39
STRZ	Starz Entertainment Corp	$468M	Communication Services	Entertainment	-0.39

ETFs that lowly correlated with PREF

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
SJB	PROSHARES SHORT HIGH YIELD	$56M	0.95%	Mar 21, 2011	-0.88
SIJ	ProShares UltraShort Industrials -2x Shares	$5.50M	N/A	Jan 30, 2007	-0.80
SH	ProShares Short S&P500 -1x Shares	$973M	0.89%	Jun 19, 2006	-0.80
SPDN	DIREXION DAILY S&P 500 (R) BEAR 1X SHARES	$195M	0.48%	Jun 8, 2016	-0.79
SEF	ProShares Short Financials -1x Shares	$14M	0.95%	Jun 10, 2008	-0.79
EFU	ProShares UltraShort MSCI EAFE -2x Shares	$1.20M	N/A	Oct 23, 2007	-0.79
SKF	ProShares UltraShort Financials -2x Shares	$11M	N/A	May 23, 2007	-0.79
SDS	ProShares UltraShort S&P500 -2x Shares	$398M	N/A	Jul 11, 2006	-0.79
TAPR	Barclays Bank PLC	$11M	0.79%	Mar 31, 2025	-0.79
EFZ	ProShares Short MSCI EAFE -1X Shares	$12M	0.95%	Oct 23, 2007	-0.78
REK	PROSHARES SHORT REAL ESTATE	$9.80M	0.95%	Mar 16, 2010	-0.78
MZZ	PROSHARES ULTRASHORT MIDCAP400	$2.40M	N/A	Jul 11, 2006	-0.78
MYY	PROSHARES SHORT MIDCAP400	$2.90M	0.95%	Jun 19, 2006	-0.78
EPV	ProShares UltraShort FTSE Europe -2X Shares	$13M	N/A	Jun 16, 2009	-0.77
DOG	PROSHARES SHORT DOW30	$111M	0.95%	Jun 19, 2006	-0.77
DXD	PROSHARES ULTRASHORT DOW30	$46M	N/A	Jul 11, 2006	-0.77
DWSH	ADVISORSHARES DORSEY WRIGHT SHORT ETF	$11M	6.22%	Jul 10, 2018	-0.76
HIBS	Direxion Daily S&P 500 High Beta Bear 3X Shares	$17M	N/A	Nov 7, 2019	-0.76
TWM	ProShares UltraShort Russell2000 -2x Shares	$38M	N/A	Jan 23, 2007	-0.76
SRS	ProShares UltraShort Real Estate -2x Shares	$16M	N/A	Jan 30, 2007	-0.75
RWM	PROSHARES SHORT RUSSELL2000	$113M	0.95%	Jan 23, 2007	-0.75
SDD	PROSHARES ULTRASHORT SMALLCAP600	$1.20M	N/A	Jan 23, 2007	-0.74
CCUP	T-REX 2X LONG CRCL DAILY TARGET ETF	$25M	N/A	Aug 8, 2025	-0.74
CRCG	LEVERAGE SHARES 2X LONG CRCL DAILY ETF	$67M	N/A	Aug 8, 2025	-0.74
SDOW	ProShares UltraPro Short Dow30 -3x Shares	$185M	N/A	Feb 9, 2010	-0.74
SBB	ProShares Short SmallCap600 -1x Shares	$3.30M	0.95%	Jan 23, 2007	-0.73
HDGE	ADVISORSHARES RANGER EQUITY BEAR ETF	$66M	3.62%	Jan 26, 2011	-0.73
SCC	ProShares UltraShort Consumer Discretionary	$6.80M	N/A	Jan 30, 2007	-0.72
QBER	TRUESHARES QUARTERLY BEAR HEDGE ETF	$82M	0.79%	Jun 28, 2024	-0.72
EWV	ProShares UltraShort MSCI Japan -2x Shares	$5.70M	N/A	Nov 6, 2007	-0.71
SZK	ProShares UltraShort Consumer Staples	$4.70M	N/A	Jan 30, 2007	-0.70
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	$35M	0.89%	Jan 17, 2018	-0.70
BNKD	Bank of Montreal	$1.10M	N/A	Feb 20, 2025	-0.69
TSMZ	DIREXION DAILY TSM BEAR 1X SHARES	$2.80M	1.01%	Oct 2, 2024	-0.69
SLTY	YIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF	$19M	1.25%	Aug 20, 2025	-0.69
VIXM	ProShares VIX Mid-Term Futures ETF	$40M	0.92%	Jan 3, 2011	-0.68
WEBS	DIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES	$8.70M	N/A	Nov 7, 2019	-0.68
PSQ	ProShares Short QQQ -1x Shares	$601M	0.95%	Jun 19, 2006	-0.68
EUM	ProShares Short MSCI Emerging Markets -1x Shares	$9.80M	0.95%	Oct 30, 2007	-0.67
EEV	ProShares UltraShort MSCI Emerging Markets -2x Shares	$2.60M	N/A	Oct 30, 2007	-0.67
SMN	ProShares UltraShort Materials	$4.10M	N/A	Jan 30, 2007	-0.66
EMTY	ProShares Decline of the Retail Store ETF -1x Shares	$3M	0.65%	Nov 14, 2017	-0.65
SPXU	ProShares UltraPro Short S&P 500	$427M	N/A	Jun 23, 2009	-0.63
EDZ	DIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES	$14M	N/A	Dec 17, 2008	-0.62
UVIX	2x Long VIX Futures ETF	$290M	N/A	Mar 28, 2022	-0.59
METD	DIREXION DAILY META BEAR 1X SHARES	$7.90M	1.02%	Jun 5, 2024	-0.59
SMDD	ProShares UltraPro Short MidCap400 -3x Shares	$1.90M	N/A	Feb 9, 2010	-0.56
RXD	ProShares UltraShort Health Care -2x Shares	$3.20M	N/A	Jan 30, 2007	-0.56
DRV	DIREXION DAILY REAL ESTATE BEAR 3X SHARES	$29M	N/A	Jul 16, 2009	-0.56
REW	ProShares UltraShort Technology -2x Shares	$2.80M	N/A	Jan 30, 2007	-0.56
TAIL	CAMBRIA TAIL RISK ETF	$147M	0.59%	Apr 5, 2017	-0.55
PFIX	SIMPLIFY INTEREST RATE HEDGE ETF	$176M	0.50%	May 10, 2021	-0.55
LABD	DIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&AMP;P BIOTECH BEAR 3X SHARES	$69M	N/A	May 28, 2015	-0.54
RBIL	F/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF	$139M	0.17%	Feb 24, 2025	-0.54
RISR	FOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF	$274M	1.04%	Sep 30, 2021	-0.52
KMLM	KRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF	$298M	0.90%	Dec 1, 2020	-0.51
SDP	ProShares UltraShort Utilities -2x Shares	$3.90M	N/A	Jan 30, 2007	-0.51
WTID	Bank of Montreal	$18M	N/A	Feb 16, 2023	-0.51
BIS	ProShares UltraShort Nasdaq Biotechnology -2x Shares	$2.20M	N/A	Apr 6, 2010	-0.51
TNGY	TORTOISE ENERGY ETF	$515M	0.85%	Dec 27, 2010	-0.50
QID	PROSHARES ULTRASHORT QQQ	$233M	N/A	Jul 11, 2006	-0.49
SARK	TRADR 1X SHORT INNOVATION DAILY ETF	$43M	0.92%	Nov 5, 2021	-0.48
DRIP	Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF	$131M	N/A	May 28, 2015	-0.47
AVS	DIREXION DAILY AVGO BEAR 1X SHARES	$7.50M	1.03%	Oct 9, 2024	-0.47
ERY	DIREXION DAILY ENERGY BEAR 2X SHARES	$49M	N/A	Nov 6, 2008	-0.47
DUG	ProShares UltraShort Energy	$27M	N/A	Jan 30, 2007	-0.46
BTAL	AGF U.S. MARKET NEUTRAL ANTI-BETA FUND	$283M	1.40%	Sep 13, 2011	-0.46
BZQ	ProShares UltraShort MSCI Brazil Capped ETF -2x Shares	$3.20M	N/A	Jun 16, 2009	-0.46
QQQD	DIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES	$35M	0.50%	Mar 6, 2024	-0.46
MUD	Direxion Daily MU Bear 1X Shares	$76M	1.02%	Oct 9, 2024	-0.45
DIPS	YIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF	$8.20M	1.05%	Jul 23, 2024	-0.45
YQQQ	YIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF	$16M	1.11%	Aug 14, 2024	-0.45
CXRN	TEUCRIUM 2X DAILY CORN ETF	$4M	N/A	Dec 12, 2024	-0.45
USDU	WISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND	$433M	0.51%	Dec 18, 2013	-0.44
AIBD	Direxion Daily AI and Big Data Bear 2X ETF	$4.70M	N/A	May 15, 2024	-0.44
NFLW	ROUNDHILL NFLX WEEKLYPAY ETF	$6.70M	N/A	Jun 17, 2025	-0.43
NVDQ	T-REX 2X INVERSE NVIDIA DAILY TARGET ETF	$22M	N/A	Oct 18, 2023	-0.40
XLEI	STATE STREET(R) ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF	$40M	0.35%	Jul 29, 2025	-0.40
NVDS	Tradr 1.5X Short NVDA Daily ETF	$18M	N/A	Jul 13, 2022	-0.39
SCO	ProShares UltraShort Bloomberg Crude Oil -2x Shares	$895M	N/A	Nov 24, 2008	-0.39