39 Stocks and 61 ETFs for diversifying PTH (INVESCO DORSEY WRIGHT HEALTHCARE MOMENTUM ETF)
The least correlated asset to PTH (INVESCO DORSEY WRIGHT HEALTHCARE MOMENTUM ETF) is ETF LABD (DIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES). The correlation is -0.8406.
Stocks that lowly correlated with PTH
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| IBAC | IB Acquisition Corp | $46M | Financial Services | Shell Companies | -0.66 |
| VNTG | Vantage Corp - Class A | $19M | Industrials | Marine Shipping | -0.63 |
| EGG | Enigmatig Ltd - Class A | $251M | Industrials | Consulting Services | -0.61 |
| MCGAU | Yorkville Acquisition Corp - Units (1 Ord Cls A & 1/3 War) | $52M | Financial Services | Shell Companies | -0.59 |
| RAY | Raytech Holding Ltd | $9.91M | Consumer Defensive | Household & Personal Products | -0.57 |
| TGE | Generation Essentials Group - Class A | $370M | Financial Services | Asset Management | -0.56 |
| EPWK | EPWK Holdings Ltd - Class A | $9.78K | Technology | Software - Application | -0.55 |
| PRMB | Primo Brands Corp - Class A | $8.97B | Consumer Defensive | Beverages - Non-alcoholic | -0.54 |
| SDM | Smart Digital Group Ltd | $59M | Communication Services | Advertising Agencies | -0.51 |
| RECT | Rectitude Holdings Ltd | $19M | Consumer Cyclical | Specialty Retail | -0.49 |
| AIRO | AIRO Group Holdings Inc | $229M | Industrials | Aerospace & Defense | -0.49 |
| FMFC | Kandal M Venture Ltd - Class A | $6.81M | Consumer Cyclical | Footwear & Accessories | -0.48 |
| MNTN | MNTN Inc - Class A | $653M | Technology | Software - Application | -0.46 |
| UCFI | CN Healthy Food Tech Group Corp | $288M | Financial Services | Shell Companies | -0.45 |
| IROH | Iron Horse Acquisitions Corp | $263M | Financial Services | Shell Companies | -0.45 |
| DMAA | Drugs Made In America Acquisition Corp | $244M | Financial Services | Shell Companies | -0.45 |
| CJMB | Callan Jmb Inc | $4.15M | Industrials | Integrated Freight & Logistics | -0.45 |
| VCXA | 10X Capital Venture Acquisition Corp II - Class A | $86M | N/A | N/A | -0.44 |
| ZYBT | Zhengye Biotechnology Holding Ltd | $41M | Healthcare | Drug Manufacturers - Specialty & Generic | -0.44 |
| CRCL | Circle Internet Group Inc - Class A | $25B | Financial Services | Capital Markets | -0.43 |
| GIW | GigInternational1 Inc | $137M | Financial Services | Shell Companies | -0.43 |
| HDL | Super Hi International Holding Ltd | $782M | Consumer Cyclical | Restaurants | -0.43 |
| TRUG | TruGolf Holdings Inc - Class A | $1.24M | Consumer Cyclical | Leisure | -0.42 |
| CENN | Cenntro Electric Group Ltd | $6.62M | Consumer Cyclical | Auto Manufacturers | -0.42 |
| HSPTR | Horizon Space Acquisition II Corp Right | $763K | N/A | N/A | -0.41 |
| MCTR | CTRL Group Ltd | $15M | Communication Services | Advertising Agencies | -0.41 |
| FBLG | FibroBiologics Inc | $4.23M | Healthcare | Biotechnology | -0.40 |
| PCLN | Priceline.com Inc | $906M | N/A | N/A | -0.40 |
| WSBK | Winchester Bancorp Inc | $119M | Financial Services | Banks - Regional | -0.39 |
| KITT | Nauticus Robotics Inc | $6.09M | Industrials | Aerospace & Defense | -0.39 |
| HRYU | Global Interactive Technologies Inc | $760K | Communication Services | Internet Content & Information | -0.38 |
| OAKUR | Oak Woods Acquisition Corp | $321K | N/A | N/A | -0.37 |
| KG | KING PHARMACEUTICALS INC | $85M | Financial Services | Insurance - Reinsurance | -0.37 |
| HNGE | Hinge Health Inc - Class A | $4.21B | Healthcare | Health Information Services | -0.37 |
| FRBNU | Forbion European Acquisition Corp - Units (1 Ord Share Class A & 1/3 War) | $316M | N/A | N/A | -0.36 |
| AIFU | AIFU Inc - Class A | $428M | Financial Services | Insurance Brokers | -0.35 |
| STFS | Star Fashion Culture Holdings Ltd - Class A | $903K | Communication Services | Advertising Agencies | -0.35 |
| BAYAR | Bayview Acquisition Corp | $260K | N/A | N/A | -0.34 |
| YSXT | Ysx Tech Co.Ltd - Class A | $24M | Industrials | Specialty Business Services | -0.34 |