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42 Stocks and 58 ETFs for diversifying Brookfield Renewable Partners LP (BEP)

The least correlated asset to Brookfield Renewable Partners LP (BEP) is company Lionsgate Studios Corp - New (LION). The correlation is -0.5907.

Stocks that lowly correlated with BEP

SymbolName
Market cap
SectorIndustry
Correlation
LIONLionsgate Studios Corp - New$3.99BFinancial ServicesShell Companies-0.59
HNGEHinge Health Inc - Class A$4.21BHealthcareHealth Information Services-0.58
HPAIHelport AI Ltd$33MTechnologySoftware - Infrastructure-0.55
WGRXWellgistics Health Inc$7.55MHealthcarePharmaceutical Retailers-0.55
WETOWebus International Ltd$11MTechnologySoftware - Infrastructure-0.51
BUSEPFirst Busey Corp$2.18BFinancial ServicesBanks - Regional-0.50
TTANServiceTitan Inc - Class A$5.85BTechnologySoftware - Application-0.49
AZIAutozi Internet Technology (Global) Ltd - Class A$9.05MConsumer CyclicalAuto & Truck Dealerships-0.49
UFGUni Fuels Holdings Ltd - Class A$24MIndustrialsMarine Shipping-0.48
CAICaris Life Sciences Inc - Class A$4.35BHealthcareBiotechnology-0.48
NAMIJinxin Technology Holding Company$34MCommunication ServicesInternet Content & Information-0.46
AKUSAkouos Inc$490MN/AN/A-0.45
PCLNPriceline.com Inc$906MN/AN/A-0.45
NWGLNature Wood Group Ltd$13MBasic MaterialsLumber & Wood Production-0.44
NOEMRCO2 Energy Transition Corp$537KN/AN/A-0.44
VNTGVantage Corp - Class A$19MIndustrialsMarine Shipping-0.43
CHYMChime Financial Inc - Class A$6.59BTechnologySoftware - Application-0.43
CHARUCharlton Aria Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$21MFinancial ServicesShell Companies-0.43
DXYZDestiny Tech100 Inc$629MFinancial ServicesAsset Management-0.42
FTRKFast Track Group.$8.26MCommunication ServicesEntertainment-0.42
HTLMHomesToLife Ltd$157MConsumer CyclicalSpecialty Retail-0.41
BDMDBaird Medical Investment Holdings Ltd .$44MHealthcareMedical Devices-0.41
ACTUActuate Therapeutics Inc$50MHealthcareBiotechnology-0.41
DXFN/A$2.89MFinancial ServicesCredit Services-0.40
ASICAtegrity Specialty Holdings LLC$969MFinancial ServicesInsurance - Property & Casualty-0.39
ASPCAlpha Capital Acquisition Co - Class A$17MFinancial ServicesShell Companies-0.39
ZYBTZhengye Biotechnology Holding Ltd$41MHealthcareDrug Manufacturers - Specialty & Generic-0.38
EPWKEPWK Holdings Ltd - Class A$9.78KTechnologySoftware - Application-0.38
GORVLazydays Holdings Inc$1.58MConsumer CyclicalAuto & Truck Dealerships-0.38
STAIScanTech AI Systems Inc. Common stock$293KIndustrialsBuilding Products & Equipment-0.38
MENSJyong Biotech Ltd$164MHealthcareBiotechnology-0.37
OTFBlue Owl Technology Finance Corp$4.94BFinancial ServicesAsset Management-0.37
IZMIczoom Group Inc - Class A$4.30MTechnologyElectronics & Computer Distribution-0.36
LGPSLogProstyle Inc$16MIndustrialsConglomerates-0.35
FRBNUForbion European Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$316MN/AN/A-0.35
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.34
ZSPCZspace Inc$2.96MTechnologyComputer Hardware-0.33
FDSBFifth District Bancorp Inc$80MFinancial ServicesBanks - Regional-0.33
CMNDClearmind Medicine Inc$2.88MHealthcareBiotechnology-0.33
CHARRCharlton Aria Acquisition Corporation Rights$226KN/AN/A-0.33
JCAPJefferson Capital Inc$950MFinancial ServicesCredit Services-0.32
PLRZPolyrizon Ltd$27MHealthcareBiotechnology-0.32

ETFs that lowly correlated with BEP

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SDPProShares UltraShort Utilities -2x Shares$4.60MN/AJan 30, 2007-0.53
RDTLGRANITESHARES 2X LONG RDDT DAILY ETF $53MN/AMar 24, 2025-0.49
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.48
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.48
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.48
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.47
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.47
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.47
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.47
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.47
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.46
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.46
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $210M0.50%May 10, 2021-0.46
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $4.80MN/AMar 31, 2025-0.46
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.45
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.45
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.45
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.45
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.45
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.44
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.44
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.44
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.44
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.43
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.43
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.43
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.42
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.42
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.42
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $16M0.96%Aug 8, 2022-0.42
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.41
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.41
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $21M1.03%Feb 11, 2025-0.41
MMKTTEXAS CAPITAL GOVERNMENT MONEY MARKET ETF $70M0.20%Sep 24, 2024-0.41
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.41
APPXTRADR 2X LONG APP DAILY ETF$140MN/AApr 24, 2025-0.41
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.39
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.39
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.39
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.39
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.38
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.38
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.38
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.38
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.37
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.37
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.37
RXDProShares UltraShort Health Care -2x Shares$4.90MN/AJan 30, 2007-0.36
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.36
GLDWROUNDHILL GOLD WEEKLYPAY ETF $25MN/AOct 29, 2025-0.36
SOFRAmplify Samsung SOFR ETF$423M0.20%Nov 14, 2023-0.36
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $9.80M1.05%Jul 23, 2024-0.35
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.35
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.34
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.34
QIDPROSHARES ULTRASHORT QQQ $279MN/AJul 11, 2006-0.33
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.33
TRSYXtrackers US 0-1 Year Treasury ETF$74M0.06%Oct 8, 2024-0.32