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49 Stocks and 51 ETFs for diversifying Precision Drilling (PDS)

The least correlated asset to Precision Drilling (PDS) is company Diginex (DGNX). The correlation is -0.7238.

Stocks that lowly correlated with PDS

SymbolName
Market cap
SectorIndustry
Correlation
DGNXDiginex Ltd$31MIndustrialsConsulting Services-0.72
SDHISiddhi Acquisition Corp - Class A$287MFinancial ServicesShell Companies-0.69
HCAIHuachen AI Parking Management Technology Holding Co. Ltd$13MIndustrialsFarm & Heavy Construction Machinery-0.69
SORATop Win International Ltd$65MConsumer CyclicalLuxury Goods-0.65
DEFTDefi Technologies Inc$193MFinancial ServicesCapital Markets-0.63
LHSWLianhe Sowell International Group Ltd$9.40MTechnologySoftware - Infrastructure-0.62
CHPGRChampionsGate Acquisition Corp$257KN/AN/A-0.60
MASK3 E Network Technology Group Ltd - Class A$1.60MTechnologySoftware - Application-0.55
GTENGores Holdings X Inc - Class A$466MFinancial ServicesShell Companies-0.55
NTCLNetClass Technology Inc - Class A$8.13MTechnologySoftware - Application-0.53
EPWKEPWK Holdings Ltd - Class A$9.78KTechnologySoftware - Application-0.53
WYHGWing Yip Food Holdings Group Ltd$43MConsumer DefensivePackaged Foods-0.52
CCIXChurchill Capital Corp IX$310MFinancial ServicesShell Companies-0.52
GLXYGalaxy Digital$5.92BFinancial ServicesCapital Markets-0.52
BIYABaiya International Group Inc$620KTechnologySoftware - Application-0.51
APUSApimeds Pharmaceuticals US Inc$1.82MHealthcareDrug Manufacturers - Specialty & Generic-0.50
BYAHPark Ha Biological Technology Co Ltd$917KConsumer DefensiveHousehold & Personal Products-0.49
BGMQilian International Holding Group Ltd - Class A$7.45MHealthcareDrug Manufacturers - Specialty & Generic-0.49
OMDAOmada Health Inc$975MHealthcareHealth Information Services-0.49
PFAIPinnacle Food Group Ltd - Class A$46MConsumer DefensiveFarm Products-0.48
TVATexas Ventures Acquisition III Corp - Class A$236MFinancial ServicesShell Companies-0.48
EGHAEGH Acquisition Corp - Class A$212MFinancial ServicesShell Companies-0.47
BEAGBold Eagle Acquisition Corp$273MFinancial ServicesShell Companies-0.47
RAAQReal Asset Acquisition Corp - Class A$196MFinancial ServicesShell Companies-0.47
IPCXInflection Point Acquisition Corp III - Class A$261MFinancial ServicesShell Companies-0.47
IMRABITWISE MARA OPTION INCOME STRATEGY ETF $914MN/AN/A-0.46
ASPCRA SPAC III Acquisition Corp$151KN/AN/A-0.45
WGRXWellgistics Health Inc$7.55MHealthcarePharmaceutical Retailers-0.45
CCTGCCSC Technology International Holdings Ltd$670KIndustrialsElectrical Equipment & Parts-0.45
JMACUMaxpro Capital Acquisition Corp - Units (1 Ord Share Class A & 1 War)$150MN/AN/A-0.45
AIIAmerican Integrity Insurance Group Inc$328MFinancial ServicesInsurance - Property & Casualty-0.44
CCIXUChurchill Capital Corp IX - Units (1 Ord Share Class A & 1/4 War)$66MFinancial ServicesShell Companies-0.44
TVACUTexas Ventures Acquisition III Corp - Units (1 Ord Cls A & 1/2 War)$71MFinancial ServicesShell Companies-0.44
CBIOCrescent Biopharma Inc$573MHealthcareBiotechnology-0.44
GAUZGauzy Ltd$12MTechnologyElectronic Components-0.44
HCHLHappy City Holdings Ltd - Class A$59MConsumer CyclicalRestaurants-0.44
CHACUCrane Harbor Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$72MFinancial ServicesShell Companies-0.44
OFALOFA Group$10MIndustrialsEngineering & Construction-0.43
RDAGRepublic Digital Acquisition Co. - Class A$310MFinancial ServicesShell Companies-0.43
SKWDSkyward Specialty Insurance Group Inc$2.04BFinancial ServicesInsurance - Property & Casualty-0.43
AVACUAvalon Acquisition Inc - Units (1 Ord Share Class A & 3/4 War)$283MN/AN/A-0.42
ANTAAntalpha Platform Holding Company$169MFinancial ServicesCredit Services-0.42
BEAGUBold Eagle Acquisition Corp - Units (1Ord Cls A & 1 Rts)$54MFinancial ServicesShell Companies-0.42
ARAIArrive AI Inc$26MTechnologyScientific & Technical Instruments-0.42
TVACWTexas Ventures Acquisition III Corp - Warrants (23/04/2030)$153MN/AN/A-0.42
SPMCSound Point Meridian Capital Inc$224MFinancial ServicesAsset Management-0.42
RDACRising Dragon Acquisition Corp$39MFinancial ServicesShell Companies-0.42
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.41
SVCCUStellar V Capital Corp - Units (1 Ord Cls A & 1/2 War)$165MFinancial ServicesShell Companies-0.41

ETFs that lowly correlated with PDS

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
OILDBank of Montreal$19MN/ANov 8, 2021-0.70
WTIDBank of Montreal$6.60MN/AFeb 16, 2023-0.70
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$1.10BN/ANov 24, 2008-0.69
AMZWROUNDHILL AMZN WEEKLYPAY ETF $41MN/AJun 17, 2025-0.68
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.67
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.67
IVESWedbush ETFMG Global Cloud Technology ETF$997M0.75%Jun 3, 2025-0.65
FBProShares S&P 500 Dynamic Buffer ETF$1.70M0.58%Jun 24, 2025-0.65
PVEXTRUESHARES CONVEQUITY ETF $55M0.82%Jun 27, 2025-0.62
QBProShares Nasdaq100 Dynamic Buffer ETF$1.40M0.58%Jun 24, 2025-0.62
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.61
SPYATwin Oak Endure ETF$127M0.49%Jun 2, 2025-0.58
BRKUDIREXION DAILY BRKB BULL 2X SHARES $58MN/ADec 10, 2024-0.58
BLOXNICHOLAS CRYPTO INCOME ETF $268M0.99%Jun 16, 2025-0.57
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $40MN/ANov 6, 2008-0.55
SFTYHORIZON MANAGED RISK ETF $370M0.77%Jun 25, 2025-0.55
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.54
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.53
STOXHORIZON CORE EQUITY ETF $132M0.70%Jun 25, 2025-0.53
OKLLDefiance Daily Target 2x Long OKLO ETF$293MN/AJun 23, 2025-0.52
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.52
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.52
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.52
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.51
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.50
HOOWROUNDHILL HOOD WEEKLYPAY ETF $113MN/AJun 17, 2025-0.50
QQHGInvesco QQQ Hedged Advantage ETF$13M0.45%May 5, 2025-0.49
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.49
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.49
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.49
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.48
BUFXFT Vest Laddered Enhance & Moderate Buffer ETF$12M0.96%Jun 24, 2025-0.48
TEKYLAZARD NEXT GEN TECHNOLOGIES ETF $53M0.50%Apr 4, 2025-0.48
PYPGLEVERAGE SHARES 2X LONG PYPL DAILY ETF $27MN/AApr 3, 2025-0.48
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.48
MAGCROUNDHILL CHINA MAGNIFICENT SEVEN ETF $15M0.60%Oct 2, 2024-0.47
BUFHFT Vest Laddered Max Buffer ETF$53M0.95%Jun 24, 2025-0.47
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.47
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.46
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.46
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.45
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.45
IBICISHARES IBONDS OCT 2026 TERM TIPS ETF $81M0.10%Sep 13, 2023-0.45
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.45
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.43
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.43
GGOViShares Global Government Bond USD Hedged Active$44M0.39%Jun 25, 2025-0.43
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.42
LDRXSGI ENHANCED MARKET LEADERS ETF $232M0.59%May 2, 2025-0.42
IBIDISHARES IBONDS OCT 2027 TERM TIPS ETF $97M0.10%Sep 13, 2023-0.42
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.41