16 Stocks and 84 ETFs for diversifying VRP (INVESCO VARIABLE RATE PREFERRED ETF)
The least correlated asset to VRP (INVESCO VARIABLE RATE PREFERRED ETF) is ETF SJB (PROSHARES SHORT HIGH YIELD). The correlation is -0.8946.
Stocks that lowly correlated with VRP
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| PROP | Prairie Operating Co. Common Stock | $60M | Energy | Oil & Gas E&p | -0.67 |
| OYSE | Oyster Enterprises II Acquisition Corp | $268M | Financial Services | Shell Companies | -0.55 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.52 |
| LGPS | LogProstyle Inc | $26M | Industrials | Conglomerates | -0.50 |
| CTW | CTW Cayman - Class A | $147M | Communication Services | Electronic Gaming & Multimedia | -0.49 |
| PACH | Pioneer Acquisition I Corp - Class A | $260M | Financial Services | Shell Companies | -0.47 |
| GNLX | Genelux Corp | $130M | Healthcare | Biotechnology | -0.46 |
| KCHV | Kochav Defense Acquisition Corp - Class A | $263M | Financial Services | Shell Companies | -0.46 |
| CRE | Cre8 Enterprise Ltd Class A | $6.60M | Industrials | Specialty Business Services | -0.44 |
| CRCL | Circle Internet Group Inc - Class A | $16B | Financial Services | Capital Markets | -0.42 |
| SOCAU | Solarius Capital Acquisition Corp Units | $179M | Financial Services | Shell Companies | -0.41 |
| NCEW | New Century Logistics (BVI) Ltd | $54M | Industrials | Integrated Freight & Logistics | -0.40 |
| TACH | Titan Acquisition Corp - Class A | $288M | Financial Services | Shell Companies | -0.40 |
| IBIO | iBio Inc | $58M | Healthcare | Biotechnology | -0.39 |
| SAFX | XCF Global Inc | $145M | Utilities | Utilities - Renewable | -0.39 |
| OMSE | OMS Energy Technologies Inc | $197M | Energy | Oil & Gas Equipment & Services | -0.39 |