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21 Stocks and 79 ETFs for diversifying PY (PRINCIPAL VALUE ETF)

The least correlated asset to PY (PRINCIPAL VALUE ETF) is ETF MYY (PROSHARES SHORT MIDCAP400). The correlation is -0.9137.

Stocks that lowly correlated with PY

SymbolName
Market cap
SectorIndustry
Correlation
KCHVKochav Defense Acquisition Corp - Class A$263MFinancial ServicesShell Companies-0.73
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.62
LWACLightWave Acquisition Corp - Class A$221MFinancial ServicesShell Companies-0.52
HBNBHotel101 Global Holdings Corp$1.31BReal EstateReal Estate Services-0.51
FLACFrazier Lifesciences Acquisition Corp - Class A$175MN/AN/A-0.51
PROPPrairie Operating Co. Common Stock$60MEnergyOil & Gas E&p-0.50
BMGLBasel Medical Group Ltd$9.61MHealthcareMedical Care Facilities-0.50
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.50
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.49
FIGXFIGX Capital Acquisition Corp - Class A$159MFinancial ServicesShell Companies-0.49
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.48
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.47
OYSEOyster Enterprises II Acquisition Corp$268MFinancial ServicesShell Companies-0.45
ELOGEastern International Ltd$9.59MIndustrialsIntegrated Freight & Logistics-0.44
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.44
VCKAUScilex Holding Company - Units (1 Ord & 1/2 War)$37MN/AN/A-0.44
GTERUGloba Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts)$53MFinancial ServicesShell Companies-0.43
HMCOHumanCo Acquisition Corp - Class A$387MN/AN/A-0.43
FIGXUFIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$35MFinancial ServicesShell Companies-0.43
CTWCTW Cayman - Class A$147MCommunication ServicesElectronic Gaming & Multimedia-0.42
CCVChurchill Capital Corp V - Class A$284MN/AN/A-0.41

ETFs that lowly correlated with PY

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.91
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.91
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.91
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.90
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.90
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.89
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.89
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.89
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.88
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.88
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.87
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.87
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.86
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.84
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.84
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.84
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.83
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.82
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.82
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.81
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.81
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.80
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.79
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.79
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.78
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.76
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.74
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.74
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.72
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.71
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.70
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.70
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.70
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.70
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.69
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.68
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.68
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.66
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.66
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.66
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.65
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.65
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.65
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.64
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.64
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.63
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.62
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.62
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.62
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.61
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.60
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.60
OILDBank of Montreal$53MN/ANov 8, 2021-0.60
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.60
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.60
WTIDBank of Montreal$18MN/AFeb 16, 2023-0.59
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$895MN/ANov 24, 2008-0.59
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.58
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.54
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.53
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.52
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.52
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.51
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.50
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.48
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $61MN/AAug 21, 2023-0.48
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.47
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.45
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $19M1.01%Sep 12, 2023-0.45
NVDQT-REX 2X INVERSE NVIDIA DAILY TARGET ETF $22MN/AOct 18, 2023-0.45
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $16M1.05%May 1, 2024-0.45
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3.20MN/AJun 16, 2009-0.44
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.43
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $29MN/AJul 16, 2009-0.43
XLEISTATE STREET(R) ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF$40M0.35%Jul 29, 2025-0.43
SBILSimplify Government Money Market ETF$5B0.15%Jul 14, 2025-0.43
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.43
SETHProShares Short Ether ETF$23M0.95%Nov 1, 2023-0.43
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.43