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28 Stocks and 72 ETFs for diversifying Paycom Software (PAYC)

The least correlated asset to Paycom Software (PAYC) is ETF PALD (Direxion Daily PANW Bear 1X Shares). The correlation is -0.6325.

Stocks that lowly correlated with PAYC

SymbolName
Market cap
SectorIndustry
Correlation
PCPremium Catering (Holdings) Ltd$30MIndustrialsSpecialty Business Services-0.59
CNFRZConifer Holdings Inc$226MN/AN/A-0.59
AMRZAmrize Ltd$28BBasic MaterialsBuilding Materials-0.54
LWACWLightWave Acquisition Corp - Warrants (06/06/2030)$178MN/AN/A-0.53
APADEnhanced Group Inc - Class A$161MFinancial ServicesShell Companies-0.52
MAMKMaxsMaking Inc - Class A$195MIndustrialsConglomerates-0.51
WTGURWintergreen Acquisition Corp$237KN/AN/A-0.51
SZZLRSizzle Acquisition Corp II$1.47MN/AN/A-0.51
WSBKWinchester Bancorp Inc$121MFinancial ServicesBanks - Regional-0.51
DYCQRDT Cloud Acquisition Corp$474KN/AN/A-0.50
CHPGChampionsGate Acquisition Corp - Class A$78MFinancial ServicesShell Companies-0.49
VNMEVendome Acquisition Corporation I$254MFinancial ServicesShell Companies-0.47
SDHIRSiddhi Acquisition Corp$1.13MN/AN/A-0.47
ECOECHO BAY MINES LTD$2.16BIndustrialsMarine Shipping-0.45
PSIGPS International Group Ltd$21MIndustrialsIntegrated Freight & Logistics-0.45
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.43
TMUSLTMobile US Inc 6.250 Senior Notes due 2069$27BN/AN/A-0.43
INACUIndigo Acquisition Corp - Units (1 Ord Shs & 1 Rts)$34MFinancial ServicesShell Companies-0.43
PMTVPennymac Mortgage Investment Trust$2.20BN/AN/A-0.42
RHLDResolute Holdings Management Inc$1.12BIndustrialsSpecialty Business Services-0.42
GSHRGesher Acquisition Corp II - Class A$157MFinancial ServicesShell Companies-0.41
FRBNForbion European Acquisition Corp - Class A$343MFinancial ServicesShell Companies-0.41
EVACEDWARDS GROUP LTD Foreign$597MFinancial ServicesShell Companies-0.41
SHMDSCHMID Group N.V. - Class A$215MIndustrialsSpecialty Industrial Machinery-0.41
PCSPGIM CORPORATE BOND 0-5 YEAR ETF $27BN/AN/A-0.40
ALMAlma Metals Limited$3.90BBasic MaterialsOther Industrial Metals & Mining-0.40
FIGXFIGX Capital Acquisition Corp - Class A$159MFinancial ServicesShell Companies-0.40
SNDKSandisk Corp$239BTechnologyComputer Hardware-0.39

ETFs that lowly correlated with PAYC

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
PALDDirexion Daily PANW Bear 1X Shares$1.80M1.02%Feb 10, 2025-0.63
BTCZT-REX 2X INVERSE BITCOIN DAILY TARGET ETF $30MN/AJul 9, 2024-0.63
IBGBISHARES IBONDS DEC 2045 TERM TREASURY ETF $9.70M0.07%Mar 25, 2025-0.61
WNTRYieldMax Short MSTR Option Income Strategy ETF$81M1.00%Mar 26, 2025-0.60
IBGLISHARES IBONDS DEC 2055 TERM TREASURY ETF $6M0.07%Mar 25, 2025-0.60
OTGLOTG LATIN AMERICA ETF $28M0.95%May 7, 2019-0.59
SBITProShares UltraShort Bitcoin ETF$219MN/AApr 1, 2024-0.57
LTTIFT VEST 20+ YEAR TREASURY & TARGET INCOME ETF $17M0.65%Feb 11, 2025-0.57
IAUINEOS GOLD HIGH INCOME ETF $448M0.79%Jun 4, 2025-0.57
IBTQISHARES IBONDS DEC 2035 TERM TREASURY ETF $236M0.07%Mar 25, 2025-0.56
XOMXDirexion Daily XOM Bull 2X Shares$7.80MN/AApr 22, 2025-0.55
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $35M1.05%Jul 9, 2024-0.55
EVMOEATON VANCE MORTGAGE OPPORTUNITIES ETF $882M0.45%Jul 28, 1997-0.54
MUNCNORTHERN TRUST 2045 TAX-EXEMPT DISTRIBUTING LADDER ETF $8.20M0.18%Aug 18, 2025-0.54
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.54
MSTZT-REX 2X INVERSE MSTR DAILY TARGET ETF $148MN/ASep 17, 2024-0.54
TAXINORTHERN TRUST INTERMEDIATE TAX-EXEMPT BOND ETF $160M0.05%Aug 18, 2025-0.54
PLTDT-REX 2X INVERSE PLTR DAILY TARGET ETF $47M0.98%Dec 10, 2024-0.53
GSKHGSK PLC ADRHEDGED $737K0.19%Jan 6, 2025-0.52
CONIGRANITESHARES 2X SHORT COIN DAILY ETF $16MN/ASep 4, 2024-0.52
SMSTDEFIANCE DAILY TARGET 2X SHORT MSTR ETF $49MN/AAug 20, 2024-0.52
KGLDKurv Gold Enhanced Income ETF$97M1.00%Jul 7, 2025-0.51
CPAGFm Compoundr U.S. Aggregate Bond ETF$288M0.31%Aug 11, 2025-0.51
CRTCXTRACKERS US NATIONAL CRITICAL TECHNOLOGIES ETF $134M0.35%Nov 15, 2023-0.49
SCECSTERLING CAPITAL ENHANCED CORE BOND ETF $585M0.39%Mar 13, 2025-0.49
NFXSDIREXION DAILY NFLX BEAR 1X SHARES $5.40M1.03%Oct 2, 2024-0.49
MUNBNORTHERN TRUST 2035 TAX-EXEMPT DISTRIBUTING LADDER ETF $14M0.18%Aug 18, 2025-0.48
RIFRRUSSELL INVESTMENTS GLOBAL INFRASTRUCTURE ETF $43M0.59%May 13, 2025-0.48
TLTXGLOBAL X TREASURY BOND ENHANCED INCOME ETF $14M0.29%Jul 15, 2025-0.48
BILTiShares Infrastructure Active ETF$32M0.60%Jul 29, 2025-0.48
EDGF3EDGE DYNAMIC FIXED INCOME ETF $479M0.79%Oct 2, 2024-0.48
MUNDNORTHERN TRUST 2055 TAX-EXEMPT DISTRIBUTING LADDER ETF $4.20M0.18%Aug 18, 2025-0.47
TURFT. ROWE PRICE NATURAL RESOURCES ETF $157M0.44%Jun 11, 2025-0.47
TAXTNORTHERN TRUST TAX-EXEMPT BOND ETF $61M0.05%Aug 18, 2025-0.46
PLTZDefiance Daily Target 2x Short PLTR ETF$13MN/AJun 5, 2025-0.46
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.46
TCPBTHRIVENT CORE PLUS BOND ETF $459M0.39%Feb 18, 2025-0.46
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $16M1.05%May 1, 2024-0.45
PRIVSPDR SSGA IG PUBLIC & PRIVATE CREDIT ETF $852M0.55%Feb 26, 2025-0.45
TPLSTHORNBURG CORE PLUS BOND ETF $20M0.45%Feb 4, 2025-0.45
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.45
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.44
LLYXDEFIANCE DAILY TARGET 2X LONG LLY ETF $74MN/AAug 8, 2024-0.43
MLDRGLOBAL X INTERMEDIATE-TERM TREASURY LADDER ETF $8.80M0.12%Sep 9, 2024-0.43
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.43
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.43
LMTLDirexion Daily LMT Bull 2X ETF$8.40MN/AAug 5, 2025-0.43
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.43
BDBTBLUEMONTE CORE BOND ETF $480M0.23%Jun 20, 2025-0.42
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.41
LFAILifeX 2050 Longevity Income ETF$4.50M0.25%Jan 8, 2024-0.41
BLSTBLUEMONTE SHORT TERM BOND ETF $167M0.23%Jun 20, 2025-0.41
GTOCInvesco Core Fixed Income ETF$350M0.26%Jul 21, 2025-0.41
BNDYHORIZON CORE BOND ETF $249M0.66%Jul 2, 2025-0.41
QCMDDirexion Daily QCOM Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.41
LFBEStone Ridge 2065 Longevity Income ETF$3.20M0.25%Jan 3, 2025-0.41
WCPBWeitz Core Plus Bond ETF$210M0.45%Aug 12, 2025-0.41
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.41
ETHDProShares UltraShort Ether ETF$86MN/AJun 6, 2024-0.41
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.41
SCCRSCHWAB CORE BOND ETF $1.50B0.16%Feb 4, 2025-0.40
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.40
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.40
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.40
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.40
MULTFranklin Multisector Income ETF$15M0.39%Aug 26, 2025-0.40
PMBSPIMCO Mortgage-Backed Securities Active Exchange-Traded Fund$1.40B0.71%Jul 31, 1997-0.40
MUNYVANGUARD NEW YORK TAX-EXEMPT BOND ETF ETF SHARES$447M0.09%May 20, 2025-0.40
IDEQLAZARD INTERNATIONAL DYNAMIC EQUITY ETF $1.50B0.40%May 29, 2015-0.40
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.39
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.39
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.39