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High CorrelationLow Correlation

62 Stocks and 38 ETFs for diversifying Permian Basin Royalty Trust (PBT)

The least correlated asset to Permian Basin Royalty Trust (PBT) is company Lakeshore Acquisition III (LCCC). The correlation is -0.6414.

Stocks that lowly correlated with PBT

SymbolName
Market cap
SectorIndustry
Correlation
LCCCLakeshore Acquisition III Corp$72MFinancial ServicesShell Companies-0.64
SLDESlide Insurance Holdings Inc$2.32BFinancial ServicesInsurance - Property & Casualty-0.61
PGACPantages Capital Acquisition Corp Cl A Ord Shs$118MFinancial ServicesShell Companies-0.60
WTGWintergreen Acquisition Corp$58MFinancial ServicesShell Companies-0.54
CHYMChime Financial Inc - Class A$8.43BTechnologySoftware - Application-0.53
GTERAGloba Terra Acquisition Corporation Class A$246MFinancial ServicesShell Companies-0.53
GIGGigCapital7 Corp - Class A$353MFinancial ServicesShell Companies-0.52
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.51
WTGURWintergreen Acquisition Corp$237KN/AN/A-0.50
ARTEArtemis Strategic Investment Corp - Class A$263MN/AN/A-0.49
ZSPCZspace Inc$2.96MTechnologyComputer Hardware-0.49
SZZLRSizzle Acquisition Corp II$1.47MN/AN/A-0.48
APADEnhanced Group Inc - Class A$161MFinancial ServicesShell Companies-0.47
AVACUAvalon Acquisition Inc - Units (1 Ord Share Class A & 3/4 War)$283MN/AN/A-0.47
MITPAG Mortgage Investment Trust Inc$800MN/AN/A-0.45
DAAQDigital Asset Acquisition Corp - Class A$180MFinancial ServicesShell Companies-0.44
AVBCAvidia Bancorp Inc$407MFinancial ServicesBanks - Regional-0.44
MAGHMagnitude International Ltd$230MIndustrialsEngineering & Construction-0.43
AIMAIM ImmunoTech Inc.$12MHealthcareBiotechnology-0.43
UBXGU-BX Technology Ltd$6.42MCommunication ServicesAdvertising Agencies-0.43
LWACWLightWave Acquisition Corp - Warrants (06/06/2030)$178MN/AN/A-0.42
AMRZAmrize Ltd$28BBasic MaterialsBuilding Materials-0.41
CCIICohen Circle Acquisition Corp II - Class A$269MFinancial ServicesShell Companies-0.41
NETDUNabors Energy Transition Corp II - Units (1 Ord Class A & 1/2 War)$73MFinancial ServicesShell Companies-0.41
LZMHLZ Technology Holdings Ltd - Class B$9.02MTechnologyInformation Technology Services-0.41
CCAIUCascadia Acquisition Corp - Units (1 Ord Class A & 1/2 War)$110MN/AN/A-0.40
VTEXVtex - Class A$683MTechnologySoftware - Application-0.40
ALORALSP Orchid Acquisition Corp I - Class A$22MN/AN/A-0.39
VINON/A$1.32MReal EstateReal Estate - Diversified-0.39
AHRNUAhren Acquisition Corp - Units (1 Ord Share Class A & 1/2 War)$79MN/AN/A-0.39
RYETRuanyun Edai Technology Inc$32MConsumer DefensiveEducation & Training Services-0.39
PCSPGIM CORPORATE BOND 0-5 YEAR ETF $27BN/AN/A-0.38
CHAChagee Holdings Ltd$1.84BConsumer CyclicalRestaurants-0.38
ALORUALSP Orchid Acquisition Corp I - Units (1 Ord Class A & 1/2 War)$22MN/AN/A-0.38
GRANGrande Group Ltd - Class A$35MFinancial ServicesCapital Markets-0.38
HPLTHome Plate Acquisition Corp - Class A$77MN/AN/A-0.38
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.37
SCAGScage Future$25MIndustrialsFarm & Heavy Construction Machinery-0.37
LITTLogistics Innovation Technologies Corp - Class A$349MN/AN/A-0.37
CCIXWChurchill Capital Corp IX - Warrants (04/12/2029)$17MN/AN/A-0.37
AAUCAllied Gold Corporation$2.75BBasic MaterialsGold-0.36
DGNXDiginex Ltd$28MIndustrialsConsulting Services-0.36
SIShoulder Innovations Inc$452MN/AN/A-0.36
TWFGTWFG Inc - Class A$380MFinancial ServicesInsurance Brokers-0.36
CUPRCuprina Holdings (Cayman) Ltd - Class A$11MHealthcareMedical Instruments & Supplies-0.36
PCAPPatriot Capital Funding Inc$324MFinancial ServicesShell Companies-0.36
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.36
GIBOGIBO Holdings Ltd$106MCommunication ServicesInternet Content & Information-0.35
DICEDICE Therapeutics Inc$2.25BN/AN/A-0.35
ARTEUArtemis Strategic Investment Corp - Units (1 Ord Share Class A & 1/2 War)$263MN/AN/A-0.35
HPAIHelport AI Ltd$21MTechnologySoftware - Infrastructure-0.35
LGPSLogProstyle Inc$26MIndustrialsConglomerates-0.35
CNTACentessa Pharmaceuticals plc$6.27BHealthcareBiotechnology-0.35
BYAHPark Ha Biological Technology Co Ltd$917KConsumer DefensiveHousehold & Personal Products-0.35
BEAGRBold Eagle Acquisition Corp Right$1.50MN/AN/A-0.35
GTERRGloba Terra Acquisition Corporation Rights$407KN/AN/A-0.34
ZENVZenvia Inc - Class A$26MTechnologySoftware - Application-0.34
RTACRenatus Tactical Acquisition Corp I - Class A$326MFinancial ServicesShell Companies-0.34
ADSEAds-Tec Energy Plc$719MIndustrialsElectrical Equipment & Parts-0.33
ADALUAnthemis Digital Acquisitions I Corp - Units (1 Ord Class A & 1/2 War)$241MN/AN/A-0.33
INTSIntensity Therapeutics Inc$12MHealthcareBiotechnology-0.33
ETSElite Express Holding Inc - Class A$13MIndustrialsTrucking-0.33

ETFs that lowly correlated with PBT

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.52
DVXVWEBs Defined Volatility XLV ETF$480K0.89%Jul 22, 2025-0.51
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.50
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.50
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.49
QCMDDirexion Daily QCOM Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.47
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.47
RTXGLeverage Shares 2X Long RTX Daily ETF$4.50MN/AJun 5, 2025-0.46
OILDBank of Montreal$53MN/ANov 8, 2021-0.45
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$895MN/ANov 24, 2008-0.45
RBPROSHARES RUSSELL 2000 DYNAMIC DAILY BUFFER ETF $1.20M0.58%Jun 24, 2025-0.45
MULTFranklin Multisector Income ETF$15M0.39%Aug 26, 2025-0.45
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.43
ETHDProShares UltraShort Ether ETF$86MN/AJun 6, 2024-0.43
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $16M1.03%Feb 11, 2025-0.41
XLIISTATE STREET(R) INDUSTRIAL SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $7.70M0.35%Jul 29, 2025-0.41
SHRTGOTHAM SHORT STRATEGIES ETF $14M1.35%Jul 31, 2017-0.40
SHPUDIREXION DAILY SHOP BULL 2X ETF $15MN/AAug 5, 2025-0.40
BKUIBNY MELLON ULTRA SHORT INCOME ETF $575M0.12%Aug 9, 2021-0.40
DVINWEBs Defined Volatility XLI ETF$313K0.89%Jul 22, 2025-0.39
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.39
TAXSNORTHERN TRUST SHORT-TERM TAX-EXEMPT BOND ETF $118M0.05%Aug 18, 2025-0.39
BRKUDIREXION DAILY BRKB BULL 2X SHARES $45MN/ADec 10, 2024-0.38
TBUXT. ROWE PRICE ULTRA SHORT-TERM BOND ETF $1.20B0.17%Sep 28, 2021-0.38
BILSSTATE STREET(R) SPDR(R) BLOOMBERG 3-12 MONTH T-BILL ETF $3.90B0.14%Sep 24, 2020-0.38
GGLSDirexion Daily GOOGL Bear 1X ETF$13M1.02%Sep 6, 2022-0.37
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.37
XLVISTATE STREET(R) HEALTH CARE SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)HEALTH CARE SELECT SECTOR SPDR(R) PREMIUM INCOME ETF$16M0.35%Jul 29, 2025-0.36
DVXFWEBs Defined Volatility XLF ETF$251K0.89%Jul 22, 2025-0.36
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.36
VABSVIRTUS NEWFLEET SECURITIZED INCOME ETF $112M0.39%Feb 9, 2021-0.36
NDIAGLOBAL X INDIA ACTIVE ETF $60M0.75%Aug 17, 2023-0.36
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.35
BOXXALPHA ARCHITECT 1-3 MONTH BOX ETF $13B0.19%Dec 27, 2022-0.35
TBILF/M US TREASURY 3 MONTH BILL ETF $7.10B0.15%Aug 8, 2022-0.34
SGOVISHARES 0-3 MONTH TREASURY BOND ETF $96B0.09%May 26, 2020-0.34
DCREDOUBLELINE COMMERCIAL REAL ESTATE DEBT ETF $453M0.39%Mar 31, 2023-0.34
FLUDFRANKLIN ULTRA SHORT BOND ETF $532M0.15%Jul 14, 2020-0.33