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33 Stocks and 67 ETFs for diversifying Paycom Software (PAYC)

The least correlated asset to Paycom Software (PAYC) is ETF WNTR (YieldMax Short MSTR Option Income Strategy ETF). The correlation is -0.7613.

Stocks that lowly correlated with PAYC

SymbolName
Market cap
SectorIndustry
Correlation
SZZLRSizzle Acquisition Corp II$1.07MN/AN/A-0.60
PCPremium Catering (Holdings) Ltd$30MIndustrialsSpecialty Business Services-0.60
GSHRGesher Acquisition Corp II - Class A$155MFinancial ServicesShell Companies-0.60
CNFRZConifer Holdings Inc$226MN/AN/A-0.59
PSIGPS International Group Ltd$21MIndustrialsIntegrated Freight & Logistics-0.53
CHPGChampionsGate Acquisition Corp - Class A$77MFinancial ServicesShell Companies-0.53
AMRZAmrize Ltd$29BBasic MaterialsBuilding Materials-0.52
WSBKWinchester Bancorp Inc$119MFinancial ServicesBanks - Regional-0.52
DYCQRDT Cloud Acquisition Corp$474KN/AN/A-0.51
PMTVPennymac Mortgage Investment Trust$2.20BN/AN/A-0.48
IOTRiOThree Ltd$5.23MCommunication ServicesTelecom Services-0.48
SDHIRSiddhi Acquisition Corp$1.38MN/AN/A-0.47
ECOECHO BAY MINES LTD$1.95BIndustrialsMarine Shipping-0.46
RHLDResolute Holdings Management Inc$948MIndustrialsSpecialty Business Services-0.44
PACSPACS Group Inc$6.16BHealthcareMedical Care Facilities-0.41
FRBNForbion European Acquisition Corp - Class A$343MFinancial ServicesShell Companies-0.41
ANROAlto Neuroscience Inc$715MHealthcareBiotechnology-0.41
AOMDAngel Oak Mortgage REIT Inc$622MN/AN/A-0.40
SHMDSCHMID Group N.V. - Class A$300MIndustrialsSpecialty Industrial Machinery-0.39
CHPGUChampionsGate Acquisition Corp - Units (1 Ord Shs & 1 Rts)$19MFinancial ServicesShell Companies-0.39
TWODTwo Harbors Investment Corp$2.67BN/AN/A-0.39
JCAPJefferson Capital Inc$950MFinancial ServicesCredit Services-0.39
FVNFuture Vision II Acquisition Corporation$62MFinancial ServicesShell Companies-0.38
SDHISiddhi Acquisition Corp - Class A$287MFinancial ServicesShell Companies-0.38
NEE-P-SNextEra Energy Inc 7.299 Corporate Units$113BN/AN/A-0.38
FBGLFBS Global Ltd$8.19MIndustrialsEngineering & Construction-0.38
DTSQDT Cloud Star Acquisition Corp$70MFinancial ServicesShell Companies-0.36
TACHTitan Acquisition Corp - Class A$286MFinancial ServicesShell Companies-0.36
SNDKSandisk Corp$235BTechnologyComputer Hardware-0.36
UBXGU-BX Technology Ltd$37MTechnologySoftware - Infrastructure-0.36
EGHAEGH Acquisition Corp - Class A$212MFinancial ServicesShell Companies-0.35
HLPHongli Group Inc$35MBasic MaterialsSteel-0.35
XHGXChange TEC.Inc American Depositary Shares$35BFinancial ServicesInsurance Brokers-0.35

ETFs that lowly correlated with PAYC

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
WNTRYieldMax Short MSTR Option Income Strategy ETF$72M1.00%Mar 26, 2025-0.76
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.72
BTCZT-REX 2X INVERSE BITCOIN DAILY TARGET ETF $26MN/AJul 9, 2024-0.69
PALDDirexion Daily PANW Bear 1X Shares$2.40M1.02%Feb 10, 2025-0.68
MSTZT-REX 2X INVERSE MSTR DAILY TARGET ETF $110MN/ASep 17, 2024-0.65
QCMDDirexion Daily QCOM Bear 1X ETF$2M1.00%Jun 24, 2025-0.65
MSDDGRANITESHARES 2X SHORT MSTR DAILY ETF $1MN/AJun 9, 2025-0.64
SBITProShares UltraShort Bitcoin ETF$183MN/AApr 1, 2024-0.63
SMSTDEFIANCE DAILY TARGET 2X SHORT MSTR ETF $31MN/AAug 20, 2024-0.62
RTXGLeverage Shares 2X Long RTX Daily ETF$4MN/AJun 5, 2025-0.61
IAUINEOS GOLD HIGH INCOME ETF $427M0.79%Jun 4, 2025-0.56
XOMXDirexion Daily XOM Bull 2X Shares$7.90MN/AApr 22, 2025-0.56
PLTDT-REX 2X INVERSE PLTR DAILY TARGET ETF $29M0.98%Dec 10, 2024-0.56
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $39M1.05%Jul 9, 2024-0.55
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.54
NFXSDIREXION DAILY NFLX BEAR 1X SHARES $5M1.03%Oct 2, 2024-0.54
CONIGRANITESHARES 2X SHORT COIN DAILY ETF $17MN/ASep 4, 2024-0.53
PLTZDefiance Daily Target 2x Short PLTR ETF$29MN/AJun 5, 2025-0.48
EDGF3EDGE DYNAMIC FIXED INCOME ETF $506M0.79%Oct 2, 2024-0.47
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $4.80MN/AMar 31, 2025-0.47
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.46
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $19M1.05%May 1, 2024-0.46
LLYXDEFIANCE DAILY TARGET 2X LONG LLY ETF $71MN/AAug 8, 2024-0.46
ILSBROOKMONT CATASTROPHIC BOND ETF $75M1.58%Mar 31, 2025-0.46
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.45
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.44
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.43
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.43
MLDRGLOBAL X INTERMEDIATE-TERM TREASURY LADDER ETF $9.30M0.12%Sep 9, 2024-0.43
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.43
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.42
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.41
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.41
TPLSTHORNBURG CORE PLUS BOND ETF $20M0.45%Feb 4, 2025-0.41
ETHDProShares UltraShort Ether ETF$84MN/AJun 6, 2024-0.41
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.41
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.41
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.41
LFAILifeX 2050 Longevity Income ETF$4.50M0.25%Jan 8, 2024-0.41
ORRMILITIA LONG/SHORT EQUITY ETF $387M10.91%Jan 14, 2025-0.40
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.40
ELILDirexion Daily LLY Bull 2X Shares$18MN/AMar 25, 2025-0.40
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.40
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.39
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.39
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.39
MUNYVanguard New York TaxExempt Bond ETF$372M0.09%May 20, 2025-0.39
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.39
PMBSPIMCO Mortgage-Backed Securities Active Exchange-Traded Fund$1.30B0.71%Jul 31, 1997-0.39
SLDRGLOBAL X SHORT-TERM TREASURY LADDER ETF $40M0.12%Sep 9, 2024-0.39
LFBEStone Ridge 2065 Longevity Income ETF$3.20M0.25%Jan 3, 2025-0.38
CCNRALPS | CORECOMMODITY NATURAL RESOURCES ETF $394M0.39%Jul 10, 2024-0.38
EDGH3EDGE DYNAMIC HARD ASSETS ETF $128M1.01%Oct 2, 2024-0.38
LFAOLifeX 2055 Longevity Income ETF$4.30M0.25%Jan 8, 2024-0.38
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.38
CAFXCONGRESS INTERMEDIATE BOND ETF $325M0.35%Sep 9, 2024-0.38
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.37
DEFRAPTUS DEFERRED INCOME ETF$116M0.79%May 13, 2025-0.37
TSLQTradr 2X Short TSLA Daily ETF$159MN/AJul 13, 2022-0.37
LFAWLifeX 2060 Longevity Income ETF$3.40M0.25%Jan 8, 2024-0.37
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.37
TSLSDirexion Daily TSLA Bear 1X Shares$76M0.95%Aug 8, 2022-0.37
SCCRSCHWAB CORE BOND ETF $1.40B0.16%Feb 4, 2025-0.37
LLDRGLOBAL X LONG-TERM TREASURY LADDER ETF $35M0.12%Sep 9, 2024-0.36
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.36
MYCGSPDR SSGA My2027 Corporate Bond ETF$30M0.15%Sep 23, 2024-0.36
BITIProShares Short Bitcoin ETF$187M1.01%Jun 21, 2022-0.35