26 Stocks and 74 ETFs for diversifying Paychex (PAYX)
The least correlated asset to Paychex (PAYX) is ETF SEF (ProShares Short Financials -1x Shares). The correlation is -0.676.
Stocks that lowly correlated with PAYX
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| SZZLR | Sizzle Acquisition Corp II | $1.07M | N/A | N/A | -0.65 |
| PSIG | PS International Group Ltd | $21M | Industrials | Integrated Freight & Logistics | -0.64 |
| GSHR | Gesher Acquisition Corp II - Class A | $155M | Financial Services | Shell Companies | -0.53 |
| WSBK | Winchester Bancorp Inc | $119M | Financial Services | Banks - Regional | -0.52 |
| DTSQ | DT Cloud Star Acquisition Corp | $70M | Financial Services | Shell Companies | -0.49 |
| LNKS | Linkers Industries Ltd - Class A | $16M | Industrials | Electrical Equipment & Parts | -0.49 |
| ANL | Adlai Nortye Ltd | $317M | Healthcare | Biotechnology | -0.48 |
| GRO | Brazil Potash Corp | $132M | Basic Materials | Other Industrial Metals & Mining | -0.48 |
| EURK | Eureka Acquisition Corp - Class A | $54M | Financial Services | Shell Companies | -0.47 |
| INBX | Inhibrx Biosciences Inc | $1.50B | Healthcare | Biotechnology | -0.47 |
| HOND | HCM II Acquisition Corp. Class A Ordinary Shares | $519M | Financial Services | Shell Companies | -0.47 |
| CHPG | ChampionsGate Acquisition Corp - Class A | $77M | Financial Services | Shell Companies | -0.47 |
| SDHI | Siddhi Acquisition Corp - Class A | $287M | Financial Services | Shell Companies | -0.47 |
| GITS | Global Interactive Technologies Inc Common Stock | $5.88M | Communication Services | Internet Content & Information | -0.45 |
| SHMD | SCHMID Group N.V. - Class A | $300M | Industrials | Specialty Industrial Machinery | -0.45 |
| XHLD | TEN Holdings Inc | $5.69M | Communication Services | Broadcasting | -0.44 |
| ANRO | Alto Neuroscience Inc | $715M | Healthcare | Biotechnology | -0.44 |
| CTNM | Contineum Therapeutics Inc - Class A | $502M | Healthcare | Biotechnology | -0.42 |
| STBX | Starbox Group Holdings Ltd | $1.14M | Communication Services | Internet Content & Information | -0.42 |
| SVIIR | Spring Valley Acquisition Corp II | $1.69M | N/A | N/A | -0.42 |
| SNDK | Sandisk Corp | $235B | Technology | Computer Hardware | -0.42 |
| PMTV | Pennymac Mortgage Investment Trust | $2.20B | N/A | N/A | -0.42 |
| BEPC | Brookfield Renewable Corporation (Exchangeable Shares) - Class A | $7.15B | Utilities | Utilities - Renewable | -0.42 |
| CHPGU | ChampionsGate Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $19M | Financial Services | Shell Companies | -0.42 |
| ECO | ECHO BAY MINES LTD | $1.95B | Industrials | Marine Shipping | -0.41 |
| DYCQU | DT Cloud Acquisition Corp - Units (1 Ord & 1 Right) | $26M | Financial Services | Shell Companies | -0.41 |