15 Stocks and 85 ETFs for diversifying PXE (INVESCO ENERGY EXPLORATION & PRODUCTION ETF)
The least correlated asset to PXE (INVESCO ENERGY EXPLORATION & PRODUCTION ETF) is ETF DRIP (Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF). The correlation is -0.9275.
Stocks that lowly correlated with PXE
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| NSRX | Nasus Pharma Ltd | $28M | Healthcare | Drug Manufacturers - General | -0.73 |
| CTWO | COtwo Advisors Physical European Carbon Allowance Trust | $1.85M | N/A | N/A | -0.70 |
| GRAN | Grande Group Ltd - Class A | $35M | Financial Services | Capital Markets | -0.64 |
| TWOD | Two Harbors Investment Corp | $2.67B | N/A | N/A | -0.59 |
| BUSEP | First Busey Corp | $2.21B | Financial Services | Banks - Regional | -0.59 |
| BACQ | Bleichroeder Acquisition Corp I - Class A | $545M | Financial Services | Shell Companies | -0.54 |
| PMTR | Perimeter Acquisition Corp I - Class A | $258M | Financial Services | Shell Companies | -0.54 |
| IBG | Innovation Beverage Group Ltd | $1.60M | Consumer Defensive | Beverages - Wineries & Distilleries | -0.54 |
| SPEGU | Silver Pegasus Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $35M | Financial Services | Shell Companies | -0.53 |
| THH | TryHard Holdings Ltd | $12M | Industrials | Specialty Business Services | -0.53 |
| CCIIU | Cohen Circle Acquisition Corp II - Units (1 Ord Cls A & 1/4 War) | $80M | Financial Services | Shell Companies | -0.53 |
| HSPTU | Horizon Space Acquisition II Corp - Unit (1 Ordinary share & 1 Rts) | $11M | Financial Services | Shell Companies | -0.52 |
| CAI | Caris Life Sciences Inc - Class A | $4.94B | Healthcare | Biotechnology | -0.52 |
| RAL | RALSTON PURINA CO | $7.56B | Technology | Electronic Components | -0.52 |
| AOMD | Angel Oak Mortgage REIT Inc | $622M | N/A | N/A | -0.51 |