Overview Performance Metrics Financials ETFs Industry Correlations

23 Stocks and 77 ETFs for diversifying PowerFleet (AIOT)

The least correlated asset to PowerFleet (AIOT) is ETF GXPE (GLOBAL X PURECAP MSCI ENERGY ETF). The correlation is -0.696.

Stocks that lowly correlated with AIOT

Symbol	Name	Market cap	Sector	Industry	Correlation
WTGUU	Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)	$18M	Financial Services	Shell Companies	-0.57
APADU	A Paradise Acquisition Corp Unit	$67M	Financial Services	Shell Companies	-0.49
TMDE	TMD Energy Ltd	$21M	Energy	Oil & Gas Midstream	-0.48
LWAC	LightWave Acquisition Corp - Class A	$221M	Financial Services	Shell Companies	-0.47
GSHR	Gesher Acquisition Corp II - Class A	$157M	Financial Services	Shell Companies	-0.47
EQV	EQV Ventures Acquisition Corp.	$466M	Financial Services	Shell Companies	-0.46
NCI	Neo Concept International Group Holdings Ltd	$48M	Consumer Cyclical	Apparel Manufacturing	-0.45
EMA	Emera Incorporated	$16B	Utilities	Utilities - Regulated Electric	-0.44
CRCL	Circle Internet Group Inc - Class A	$16B	Financial Services	Capital Markets	-0.42
DTSQ	DT Cloud Star Acquisition Corp	$70M	Financial Services	Shell Companies	-0.41
KWM	K Wave Media Ltd	$7.63M	Communication Services	Entertainment	-0.41
PACH	Pioneer Acquisition I Corp - Class A	$260M	Financial Services	Shell Companies	-0.40
APADR	Enhanced Group Inc	$6.67M	N/A	N/A	-0.39
IBAC	IB Acquisition Corp	$46M	Financial Services	Shell Companies	-0.38
FIGX	FIGX Capital Acquisition Corp - Class A	$159M	Financial Services	Shell Companies	-0.38
PHH	Park Ha Biological Technology Co Ltd	$11M	Consumer Defensive	Household & Personal Products	-0.36
STBX	Starbox Group Holdings Ltd	$1.14M	Communication Services	Internet Content & Information	-0.36
SZZLU	Sizzle Acquisition Corp II - Units (1 Ord Cls A & 1 Rts)	$70M	Financial Services	Shell Companies	-0.36
FRBN	Forbion European Acquisition Corp - Class A	$343M	Financial Services	Shell Companies	-0.36
YSXT	Ysx Tech Co.Ltd - Class A	$20M	Industrials	Specialty Business Services	-0.35
BDMD	Baird Medical Investment Holdings Ltd .	$34M	Healthcare	Medical Devices	-0.35
DHCA	DHC Acquisition Corp - Class A	$16M	N/A	N/A	-0.35
MLAC	Mountain Lake Acquisition Corp - Class A	$43M	N/A	N/A	-0.35

ETFs that lowly correlated with AIOT

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
GXPE	GLOBAL X PURECAP MSCI ENERGY ETF	$1.20M	0.15%	Jul 22, 2025	-0.70
TNGY	TORTOISE ENERGY ETF	$515M	0.85%	Dec 27, 2010	-0.68
SLTY	YIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF	$19M	1.25%	Aug 20, 2025	-0.63
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	-0.61
PALD	Direxion Daily PANW Bear 1X Shares	$1.80M	1.02%	Feb 10, 2025	-0.59
BILT	iShares Infrastructure Active ETF	$32M	0.60%	Jul 29, 2025	-0.57
XOMX	Direxion Daily XOM Bull 2X Shares	$7.80M	N/A	Apr 22, 2025	-0.57
RWM	PROSHARES SHORT RUSSELL2000	$113M	0.95%	Jan 23, 2007	-0.55
WEBS	DIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES	$8.70M	N/A	Nov 7, 2019	-0.55
USNG	AMPLIFY SAMSUNG U.S. NATURAL GAS INFRASTRUCTURE ETF	$7.40M	0.59%	May 19, 2025	-0.54
TWM	ProShares UltraShort Russell2000 -2x Shares	$38M	N/A	Jan 23, 2007	-0.54
SBB	ProShares Short SmallCap600 -1x Shares	$3.30M	0.95%	Jan 23, 2007	-0.53
MYY	PROSHARES SHORT MIDCAP400	$2.90M	0.95%	Jun 19, 2006	-0.53
SDD	PROSHARES ULTRASHORT SMALLCAP600	$1.20M	N/A	Jan 23, 2007	-0.52
SEF	ProShares Short Financials -1x Shares	$14M	0.95%	Jun 10, 2008	-0.52
SARK	TRADR 1X SHORT INNOVATION DAILY ETF	$43M	0.92%	Nov 5, 2021	-0.52
UVIX	2x Long VIX Futures ETF	$290M	N/A	Mar 28, 2022	-0.52
SKF	ProShares UltraShort Financials -2x Shares	$11M	N/A	May 23, 2007	-0.51
SCC	ProShares UltraShort Consumer Discretionary	$6.80M	N/A	Jan 30, 2007	-0.51
HIBS	Direxion Daily S&P 500 High Beta Bear 3X Shares	$17M	N/A	Nov 7, 2019	-0.51
SPDN	DIREXION DAILY S&P 500 (R) BEAR 1X SHARES	$195M	0.48%	Jun 8, 2016	-0.51
SH	ProShares Short S&P500 -1x Shares	$973M	0.89%	Jun 19, 2006	-0.51
RIFR	RUSSELL INVESTMENTS GLOBAL INFRASTRUCTURE ETF	$43M	0.59%	May 13, 2025	-0.50
DOG	PROSHARES SHORT DOW30	$111M	0.95%	Jun 19, 2006	-0.50
MZZ	PROSHARES ULTRASHORT MIDCAP400	$2.40M	N/A	Jul 11, 2006	-0.50
YQQQ	YIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF	$16M	1.11%	Aug 14, 2024	-0.50
SDS	ProShares UltraShort S&P500 -2x Shares	$398M	N/A	Jul 11, 2006	-0.50
HDGE	ADVISORSHARES RANGER EQUITY BEAR ETF	$66M	3.62%	Jan 26, 2011	-0.49
DXD	PROSHARES ULTRASHORT DOW30	$46M	N/A	Jul 11, 2006	-0.49
SJB	PROSHARES SHORT HIGH YIELD	$56M	0.95%	Mar 21, 2011	-0.49
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	$35M	0.89%	Jan 17, 2018	-0.49
SKRE	TUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF	$5.20M	N/A	Jan 3, 2024	-0.48
AIBD	Direxion Daily AI and Big Data Bear 2X ETF	$4.70M	N/A	May 15, 2024	-0.48
PSQ	ProShares Short QQQ -1x Shares	$601M	0.95%	Jun 19, 2006	-0.48
CCUP	T-REX 2X LONG CRCL DAILY TARGET ETF	$25M	N/A	Aug 8, 2025	-0.48
CRCG	LEVERAGE SHARES 2X LONG CRCL DAILY ETF	$67M	N/A	Aug 8, 2025	-0.48
SIJ	ProShares UltraShort Industrials -2x Shares	$5.50M	N/A	Jan 30, 2007	-0.47
XLUI	STATE STREET(R) UTILITIES SELECT SECTOR SPDR(R) PREMIUM INCOME ETF	$22M	0.35%	Jul 29, 2025	-0.47
VIXM	ProShares VIX Mid-Term Futures ETF	$40M	0.92%	Jan 3, 2011	-0.47
DWSH	ADVISORSHARES DORSEY WRIGHT SHORT ETF	$11M	6.22%	Jul 10, 2018	-0.46
BTAL	AGF U.S. MARKET NEUTRAL ANTI-BETA FUND	$283M	1.40%	Sep 13, 2011	-0.46
NFLW	ROUNDHILL NFLX WEEKLYPAY ETF	$6.70M	N/A	Jun 17, 2025	-0.46
EWV	ProShares UltraShort MSCI Japan -2x Shares	$5.70M	N/A	Nov 6, 2007	-0.44
DVUT	WEBS Defined Volatility XLU ETF	$273K	0.89%	Jul 22, 2025	-0.44
BNKD	Bank of Montreal	$1.10M	N/A	Feb 20, 2025	-0.44
TAIL	CAMBRIA TAIL RISK ETF	$147M	0.59%	Apr 5, 2017	-0.43
EFZ	ProShares Short MSCI EAFE -1X Shares	$12M	0.95%	Oct 23, 2007	-0.43
EFU	ProShares UltraShort MSCI EAFE -2x Shares	$1.20M	N/A	Oct 23, 2007	-0.43
EMTY	ProShares Decline of the Retail Store ETF -1x Shares	$3M	0.65%	Nov 14, 2017	-0.43
REW	ProShares UltraShort Technology -2x Shares	$2.80M	N/A	Jan 30, 2007	-0.42
CRSH	YIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF	$16M	1.05%	May 1, 2024	-0.42
TIPA	NORTHERN TRUST 2030 INFLATION-LINKED DISTRIBUTING LADDER ETF	$18M	0.10%	Aug 18, 2025	-0.42
SMDD	ProShares UltraPro Short MidCap400 -3x Shares	$1.90M	N/A	Feb 9, 2010	-0.42
RBIL	F/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF	$139M	0.17%	Feb 24, 2025	-0.42
SDOW	ProShares UltraPro Short Dow30 -3x Shares	$185M	N/A	Feb 9, 2010	-0.41
QBER	TRUESHARES QUARTERLY BEAR HEDGE ETF	$82M	0.79%	Jun 28, 2024	-0.41
TAPR	Barclays Bank PLC	$11M	0.79%	Mar 31, 2025	-0.41
EPV	ProShares UltraShort FTSE Europe -2X Shares	$13M	N/A	Jun 16, 2009	-0.40
IONZ	Defiance Daily Target 2x Short IONQ ETF	$22M	N/A	Jun 23, 2025	-0.40
EEV	ProShares UltraShort MSCI Emerging Markets -2x Shares	$2.60M	N/A	Oct 30, 2007	-0.40
RSBY	RETURN STACKED(R) BONDS & FUTURES YIELD ETF	$64M	1.01%	Aug 20, 2024	-0.40
EUM	ProShares Short MSCI Emerging Markets -1x Shares	$9.80M	0.95%	Oct 30, 2007	-0.40
METD	DIREXION DAILY META BEAR 1X SHARES	$7.90M	1.02%	Jun 5, 2024	-0.39
USOY	DEFIANCE OIL ENHANCED OPTIONS INCOME ETF	$56M	1.12%	May 9, 2024	-0.39
USE	USCF ENERGY COMMODITY STRATEGY ABSOLUTE RETURN FUND	$2.60M	0.79%	May 3, 2023	-0.38
SZK	ProShares UltraShort Consumer Staples	$4.70M	N/A	Jan 30, 2007	-0.38
GEVX	Tradr 2X Long GEV Daily ETF	$52M	N/A	Jul 10, 2025	-0.37
LABD	DIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&AMP;P BIOTECH BEAR 3X SHARES	$69M	N/A	May 28, 2015	-0.37
QCMD	Direxion Daily QCOM Bear 1X ETF	$1.70M	1.00%	Jun 24, 2025	-0.37
QID	PROSHARES ULTRASHORT QQQ	$233M	N/A	Jul 11, 2006	-0.37
EDZ	DIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES	$14M	N/A	Dec 17, 2008	-0.37
RISR	FOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF	$274M	1.04%	Sep 30, 2021	-0.36
REK	PROSHARES SHORT REAL ESTATE	$9.80M	0.95%	Mar 16, 2010	-0.36
NTRL	First Trust Equity Market Neutral ETF	$19M	0.95%	Feb 4, 2020	-0.35
SMN	ProShares UltraShort Materials	$4.10M	N/A	Jan 30, 2007	-0.34
QQQD	DIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES	$35M	0.50%	Mar 6, 2024	-0.34
PIPE	Invesco SteelPath MLP & Energy Infrastructure ETF	$65M	0.75%	Feb 18, 2025	-0.34