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56 Stocks and 44 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 -0.6932.

Stocks that lowly correlated with PBT

SymbolName
Market cap
SectorIndustry
Correlation
LCCCLakeshore Acquisition III Corp$72MFinancial ServicesShell Companies-0.69
SLDESlide Insurance Holdings Inc$2.20BFinancial ServicesInsurance - Property & Casualty-0.67
AAUCAllied Gold Corporation$3.41BBasic MaterialsGold-0.63
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.51
AMRZAmrize Ltd$29BBasic MaterialsBuilding Materials-0.51
GIGGigCapital7 Corp - Class A$353MFinancial ServicesShell Companies-0.51
CHYMChime Financial Inc - Class A$6.59BTechnologySoftware - Application-0.50
ARTEArtemis Strategic Investment Corp - Class A$263MN/AN/A-0.49
AIMAIM ImmunoTech Inc.$1.74MHealthcareBiotechnology-0.49
CNLCollective Mining Ltd.$1.40BBasic MaterialsGold-0.49
ZSPCZspace Inc$2.96MTechnologyComputer Hardware-0.48
AVACUAvalon Acquisition Inc - Units (1 Ord Share Class A & 3/4 War)$283MN/AN/A-0.47
SCAGScage Future$38MIndustrialsFarm & Heavy Construction Machinery-0.46
HPAIHelport AI Ltd$33MTechnologySoftware - Infrastructure-0.45
UBXGU-BX Technology Ltd$37MTechnologySoftware - Infrastructure-0.43
MITPAG Mortgage Investment Trust Inc$800MN/AN/A-0.43
NETDUNabors Energy Transition Corp II - Units (1 Ord Class A & 1/2 War)$73MFinancial ServicesShell Companies-0.42
LZMHLZ Technology Holdings Ltd - Class B$9.09MTechnologyInformation Technology Services-0.42
SZZLRSizzle Acquisition Corp II$1.07MN/AN/A-0.42
GIBOGIBO Holdings Ltd$42MCommunication ServicesInternet Content & Information-0.42
CCAIUCascadia Acquisition Corp - Units (1 Ord Class A & 1/2 War)$110MN/AN/A-0.40
GSRMBitcoin Depot Inc - Class A$54MN/AN/A-0.39
BYAHPark Ha Biological Technology Co Ltd$917KConsumer DefensiveHousehold & Personal Products-0.39
IPODUDune Acquisition Corp II - Units (1 Ord Cls A & 1 War)$156MFinancial ServicesShell Companies-0.39
VTEXVtex - Class A$605MTechnologySoftware - Application-0.39
ALORALSP Orchid Acquisition Corp I - Class A$22MN/AN/A-0.39
AHRNUAhren Acquisition Corp - Units (1 Ord Share Class A & 1/2 War)$79MN/AN/A-0.39
RYETRuanyun Edai Technology Inc$28MConsumer DefensiveEducation & Training Services-0.38
WSBKWinchester Bancorp Inc$119MFinancial ServicesBanks - Regional-0.38
ALORUALSP Orchid Acquisition Corp I - Units (1 Ord Class A & 1/2 War)$22MN/AN/A-0.38
HPLTHome Plate Acquisition Corp - Class A$77MN/AN/A-0.38
DGNXDiginex Ltd$31MIndustrialsConsulting Services-0.38
DAAQDigital Asset Acquisition Corp - Class A$178MFinancial ServicesShell Companies-0.38
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.37
LITTLogistics Innovation Technologies Corp - Class A$349MN/AN/A-0.37
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.36
DICEDICE Therapeutics Inc$2.25BN/AN/A-0.35
CNTACentessa Pharmaceuticals plc$6.15BHealthcareBiotechnology-0.35
ARTEUArtemis Strategic Investment Corp - Units (1 Ord Share Class A & 1/2 War)$263MN/AN/A-0.35
BEAGRBold Eagle Acquisition Corp Right$1.23MN/AN/A-0.34
CCIXWChurchill Capital Corp IX - Warrants (04/12/2029)$17MN/AN/A-0.34
ZENVZenvia Inc - Class A$26MTechnologySoftware - Application-0.34
ADSEAds-Tec Energy Plc$712MIndustrialsElectrical 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$11MHealthcareBiotechnology-0.33
OACCUOaktree Acquisition Corp III Life Sciences - Units (1 Ordinary Cls A & 1/5 Warr)$186MFinancial ServicesShell Companies-0.33
JUGGJaws Juggernaut Acquisition Corp - Class A$285MN/AN/A-0.33
THRNThorne Healthtech Inc$549MN/AN/A-0.32
KFIIUK&F Growth Acquisition Corp II - Units (1 Ord Cls A & 1 Rts)$314MFinancial ServicesShell Companies-0.32
EMBKEmbark Technology Inc - Class A$68MN/AN/A-0.32
SLXNSilexion Therapeutics Corp$1.30MHealthcareBiotechnology-0.32
TWFGTWFG Inc - Class A$275MFinancial ServicesInsurance Brokers-0.32
HEPSD-MARKET Electronic Services & Trading$1.01BConsumer CyclicalInternet Retail-0.32
DERMJourney Medical Corp$164MHealthcareDrug Manufacturers - Specialty & Generic-0.32
JCAPJefferson Capital Inc$950MFinancial ServicesCredit Services-0.32
PALProficient Auto Logistics Inc$146MIndustrialsIntegrated Freight & Logistics-0.32

ETFs that lowly correlated with PBT

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
RBProShares Russell 2000 Dynamic Buffer ETF$1.10M0.58%Jun 24, 2025-0.59
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $9.80M1.05%Jul 23, 2024-0.50
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.50
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $14M1.11%Aug 14, 2024-0.50
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.20MN/AMay 15, 2024-0.48
IAUINEOS GOLD HIGH INCOME ETF $427M0.79%Jun 4, 2025-0.47
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.47
QCMDDirexion Daily QCOM Bear 1X ETF$2M1.00%Jun 24, 2025-0.45
OILDBank of Montreal$19MN/ANov 8, 2021-0.45
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$1.10BN/ANov 24, 2008-0.45
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $21M1.03%Feb 11, 2025-0.44
ETHDProShares UltraShort Ether ETF$84MN/AJun 6, 2024-0.44
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $23M0.50%Mar 6, 2024-0.43
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.43
SHRTGOTHAM SHORT STRATEGIES ETF $17M1.35%Jul 31, 2017-0.40
BKUIBNY MELLON ULTRA SHORT INCOME ETF $550M0.12%Aug 9, 2021-0.40
PALDDirexion Daily PANW Bear 1X Shares$2.40M1.02%Feb 10, 2025-0.40
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $40MN/ANov 6, 2008-0.39
TBUXT. ROWE PRICE ULTRA SHORT-TERM BOND ETF $1.10B0.17%Sep 28, 2021-0.39
BOXXALPHA ARCHITECT 1-3 MONTH BOX ETF $11B0.19%Dec 27, 2022-0.38
BILSSPDR BLOOMBERG 3-12 MONTH T-BILL ETF $4B0.14%Sep 24, 2020-0.38
CARYAngel Oak Income ETF$1.10B0.79%Nov 7, 2022-0.38
PULTPutnam ESG Ultra Short ETF$43M0.25%Jan 19, 2023-0.38
RTXGLeverage Shares 2X Long RTX Daily ETF$4MN/AJun 5, 2025-0.38
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.37
TBILF/M US TREASURY 3 MONTH BILL ETF $7.10B0.15%Aug 8, 2022-0.37
CPXRUSCF DAILY TARGET 2X COPPER INDEX ETF $18MN/AJan 21, 2025-0.37
GGLSDIREXION DAILY GOOGL BEAR 1X SHARES $17M1.02%Sep 6, 2022-0.36
BRKUDIREXION DAILY BRKB BULL 2X SHARES $58MN/ADec 10, 2024-0.36
VABSVIRTUS NEWFLEET SECURITIZED INCOME ETF $79M0.39%Feb 9, 2021-0.36
NDIAGLOBAL X INDIA ACTIVE ETF $55M0.75%Aug 17, 2023-0.36
TUSITOUCHSTONE ULTRA SHORT INCOME ETF $462M0.25%Aug 4, 2022-0.34
SGOVISHARES 0-3 MONTH TREASURY BOND ETF $85B0.09%May 26, 2020-0.34
JBNDJPMORGAN ACTIVE BOND ETF $7.40B0.25%Oct 11, 2023-0.34
FLUDFRANKLIN ULTRA SHORT BOND ETF $256M0.15%Jul 14, 2020-0.33
VUSBVANGUARD ULTRA-SHORT BOND ETF ETF SHARES$8.20B0.10%Apr 6, 2021-0.33
OBILF/M US TREASURY 12 MONTH BILL ETF $313M0.15%Nov 14, 2022-0.33
WTIDBank of Montreal$6.60MN/AFeb 16, 2023-0.33
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.33
GLDYDEFIANCE GOLD ENHANCED OPTIONS INCOME ETF $35M1.04%Apr 1, 2025-0.33
MSDDGRANITESHARES 2X SHORT MSTR DAILY ETF $1MN/AJun 9, 2025-0.32
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.32
AVSDIREXION DAILY AVGO BEAR 1X SHARES $6.90M1.03%Oct 9, 2024-0.32
YGLDSimplify Gold Strategy PLUS Income ETF$49M0.53%Dec 2, 2024-0.32