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35 Stocks and 65 ETFs for diversifying Granite Point Mortgage Trust (GPMT-P-A)

The least correlated asset to Granite Point Mortgage Trust (GPMT-P-A) is ETF FIYY (GRANITESHARES YIELDBOOST 20Y+ TREASURIES ETF). The correlation is -0.9193.

Stocks that lowly correlated with GPMT-P-A

SymbolName
Market cap
SectorIndustry
Correlation
KCHVKochav Defense Acquisition Corp - Class A$263MFinancial ServicesShell Companies-0.63
PGACPantages Capital Acquisition Corp Cl A Ord Shs$118MFinancial ServicesShell Companies-0.60
STAKStak Inc$55MEnergyOil & Gas Equipment & Services-0.59
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.59
EQVEQV Ventures Acquisition Corp.$466MFinancial ServicesShell Companies-0.58
EDHLEverbright Digital Holding Ltd$5.88MCommunication ServicesAdvertising Agencies-0.57
ELOGEastern International Ltd$9.59MIndustrialsIntegrated Freight & Logistics-0.57
SIShoulder Innovations Inc$452MN/AN/A-0.55
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.55
SAFXXCF Global Inc$145MUtilitiesUtilities - Renewable-0.54
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.54
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.52
VACHVoyager Acquisition Corp - Class A$279MFinancial ServicesShell Companies-0.52
DAAQDigital Asset Acquisition Corp - Class A$180MFinancial ServicesShell Companies-0.51
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.48
LWACLightWave Acquisition Corp - Class A$221MFinancial ServicesShell Companies-0.48
DTSQDT Cloud Star Acquisition Corp$70MFinancial ServicesShell Companies-0.48
STRZStarz Entertainment Corp$468MCommunication ServicesEntertainment-0.47
SLDESlide Insurance Holdings Inc$2.32BFinancial ServicesInsurance - Property & Casualty-0.46
CHAChagee Holdings Ltd$1.84BConsumer CyclicalRestaurants-0.45
ADVBAdvanced Biomed Inc$7.21MHealthcareDiagnostics & Research-0.43
WTGWintergreen Acquisition Corp$58MFinancial ServicesShell Companies-0.43
RYDERyde Group Ltd - Class A$4.70MTechnologySoftware - Application-0.42
ORIQUOrigin Investment Corp I - Units (1 Ord Cls & 1/2 War)$22MFinancial ServicesShell Companies-0.41
CRECre8 Enterprise Ltd Class A$6.60MIndustrialsSpecialty Business Services-0.41
TLXTelix Pharmaceuticals Ltd$3.82BHealthcareBiotechnology-0.40
CAPSCapstone Holding Corp$2.58MBasic MaterialsBuilding Materials-0.40
CHPGUChampionsGate Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.40
OKURReneo Pharmaceuticals Inc - Class A$59MHealthcareBiotechnology-0.40
EURKUEureka Acquisition Corp - Units (1 Ord Class A & 1 Rts)$53MFinancial ServicesShell Companies-0.39
ASICAtegrity Specialty Holdings LLC$1.08BFinancial ServicesInsurance - Property & Casualty-0.39
UBXGU-BX Technology Ltd$6.42MCommunication ServicesAdvertising Agencies-0.38
HONDHCM II Acquisition Corp. Class A Ordinary Shares$519MFinancial ServicesShell Companies-0.38
GTERAGloba Terra Acquisition Corporation Class A$246MFinancial ServicesShell Companies-0.37
FIGXUFIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$35MFinancial ServicesShell Companies-0.37

ETFs that lowly correlated with GPMT-P-A

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
FIYYGRANITESHARES YIELDBOOST 20Y+ TREASURIES ETF $732K1.07%May 4, 2026-0.92
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.65
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.60
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.59
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.59
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.59
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.59
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.58
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.58
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.58
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.58
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.58
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.57
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.57
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.57
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.56
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.56
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.56
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.55
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.54
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.53
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.53
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.53
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.52
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.51
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.51
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.51
ETHDProShares UltraShort Ether ETF$86MN/AJun 6, 2024-0.51
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.50
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.50
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.49
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.49
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.49
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.48
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.48
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.48
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.48
TSLQTradr 2X Short TSLA Daily ETF$114MN/AJul 13, 2022-0.48
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $10M1.02%Sep 6, 2022-0.48
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $16M1.05%May 1, 2024-0.48
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.47
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.47
TSLSDirexion Daily TSLA Bear 1X Shares$66M0.95%Aug 8, 2022-0.47
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.47
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.47
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.46
BTCZT-REX 2X INVERSE BITCOIN DAILY TARGET ETF $30MN/AJul 9, 2024-0.46
WNTRYieldMax Short MSTR Option Income Strategy ETF$81M1.00%Mar 26, 2025-0.45
SETHProShares Short Ether ETF$23M0.95%Nov 1, 2023-0.44
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.44
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.44
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.43
SMSTDEFIANCE DAILY TARGET 2X SHORT MSTR ETF $49MN/AAug 20, 2024-0.42
MSTZT-REX 2X INVERSE MSTR DAILY TARGET ETF $148MN/ASep 17, 2024-0.42
GGOViShares Global Government Bond USD Hedged Active$2.90B0.39%Jun 25, 2025-0.42
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.42
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.42
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.41
SBITProShares UltraShort Bitcoin ETF$219MN/AApr 1, 2024-0.41
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.40
NOWLGRANITESHARES 2X LONG NOW DAILY ETF $286MN/AJul 14, 2025-0.40
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.40
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.39
RSBYRETURN STACKED(R) BONDS & FUTURES YIELD ETF $64M1.01%Aug 20, 2024-0.39
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.38