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

The least correlated asset to Precision Drilling (PDS) is company 1RT Acquisition Corp - Units (1 Ord Cls A & 1 War) (ONCHU). The correlation is -0.7485.

Stocks that lowly correlated with PDS

SymbolName
Market cap
SectorIndustry
Correlation
ONCHU1RT Acquisition Corp - Units (1 Ord Cls A & 1 War)$39MFinancial ServicesShell Companies-0.75
DGNXDiginex Ltd$28MIndustrialsConsulting Services-0.66
OMDAOmada Health Inc$1.41BHealthcareHealth Information Services-0.64
GTENGores Holdings X Inc - Class A$471MFinancial ServicesShell Companies-0.63
HCAIHuachen AI Parking Management Technology Holding Co. Ltd$10MIndustrialsFarm & Heavy Construction Machinery-0.63
BACCBlue Acquisition Corp - Class A$214MFinancial ServicesShell Companies-0.62
LHSWLianhe Sowell International Group Ltd$7.03MTechnologySoftware - Infrastructure-0.60
SDHISiddhi Acquisition Corp - Class A$288MFinancial ServicesShell Companies-0.59
PGACPantages Capital Acquisition Corp Cl A Ord Shs$118MFinancial ServicesShell Companies-0.58
RYOJrYojbaba Co. Ltd$51MIndustrialsConsulting Services-0.57
LHAILinkhome Holdings Inc$19MReal EstateReal Estate Services-0.55
EPWKEPWK Holdings Ltd - Class A$9.78KTechnologySoftware - Application-0.55
GIBOGIBO Holdings Ltd$106MCommunication ServicesInternet Content & Information-0.54
WYHGWing Yip Food Holdings Group Ltd$59MConsumer DefensivePackaged Foods-0.53
MNTNMNTN Inc - Class A$751MTechnologySoftware - Application-0.53
QUMSUQuantumsphere Acquisition Corp - Units (1 Ord Shs & 1 Rts)$33MFinancial ServicesShell Companies-0.52
FIGXUFIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$35MFinancial ServicesShell Companies-0.52
WTGURWintergreen Acquisition Corp$237KN/AN/A-0.52
RAAQReal Asset Acquisition Corp - Class A$231MFinancial ServicesShell Companies-0.51
CCIXChurchill Capital Corp IX$312MFinancial ServicesShell Companies-0.51
BGMQilian International Holding Group Ltd - Class A$7.45MHealthcareDrug Manufacturers - Specialty & Generic-0.50
LGPSLogProstyle Inc$26MIndustrialsConglomerates-0.50
ELOGEastern International Ltd$9.59MIndustrialsIntegrated Freight & Logistics-0.49
SPEGUSilver Pegasus Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$35MFinancial ServicesShell Companies-0.48
CCIXUChurchill Capital Corp IX - Units (1 Ord Share Class A & 1/4 War)$69MFinancial ServicesShell Companies-0.48
CCTGCCSC Technology International Holdings Ltd - Class A$1.03MIndustrialsElectrical Equipment & Parts-0.48
WTGWintergreen Acquisition Corp$58MFinancial ServicesShell Companies-0.48
TWFGTWFG Inc - Class A$380MFinancial ServicesInsurance Brokers-0.48
MBVIUM3 Brigade Acquisition VI Corp - Units (1 Ord Cls A & 1/3 War)$77MFinancial ServicesShell Companies-0.47
MASK3 E Network Technology Group Ltd - Class A$1.60MTechnologySoftware - Application-0.47
IPCXInflection Point Acquisition Corp III - Class A$263MFinancial ServicesShell Companies-0.47
RDAGRepublic Digital Acquisition Co. - Class A$311MFinancial ServicesShell Companies-0.46
SKWDSkyward Specialty Insurance Group Inc$2.53BFinancial ServicesInsurance - Property & Casualty-0.46
BOWBowhead Specialty Holdings Inc$982MFinancial ServicesInsurance - Property & Casualty-0.46
DAAQDigital Asset Acquisition Corp - Class A$180MFinancial ServicesShell Companies-0.45
JMACUMaxpro Capital Acquisition Corp - Units (1 Ord Share Class A & 1 War)$150MN/AN/A-0.45
BEAGBold Eagle Acquisition Corp$276MFinancial ServicesShell Companies-0.45
NCTIntercont (Cayman) Ltd$3.63MIndustrialsMarine Shipping-0.44
CRAQCal Redwood Acquisition Corp$320MFinancial ServicesShell Companies-0.44
CCIIUCohen Circle Acquisition Corp II - Units (1 Ord Cls A & 1/4 War)$80MFinancial ServicesShell Companies-0.44
CHACUCrane Harbor Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$72MFinancial ServicesShell Companies-0.44
LWACLightWave Acquisition Corp - Class A$221MFinancial ServicesShell Companies-0.43
WYFIWhitefiber Inc$1.13BTechnologyInformation Technology Services-0.43
BEAGRBold Eagle Acquisition Corp Right$1.50MN/AN/A-0.43
MKLYUMcKinley Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$59MFinancial ServicesShell Companies-0.42
AVACUAvalon Acquisition Inc - Units (1 Ord Share Class A & 3/4 War)$283MN/AN/A-0.42
CCIXWChurchill Capital Corp IX - Warrants (04/12/2029)$17MN/AN/A-0.42
TGHLGrowhub Ltd (The) - Class A$19MTechnologySoftware - Infrastructure-0.42
ENGSEnergys Group Ltd$12MIndustrialsWaste Management-0.42

ETFs that lowly correlated with PDS

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
OILDBank of Montreal$53MN/ANov 8, 2021-0.70
WTIDBank of Montreal$18MN/AFeb 16, 2023-0.70
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$895MN/ANov 24, 2008-0.69
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.67
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.67
HOOWROUNDHILL HOOD WEEKLYPAY ETF $146MN/AJun 17, 2025-0.64
BASGBROWN ADVISORY SUSTAINABLE GROWTH ETF $494M0.61%Jun 13, 2025-0.61
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.60
BRKUDIREXION DAILY BRKB BULL 2X SHARES $45MN/ADec 10, 2024-0.60
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.55
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.53
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.53
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.53
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.53
ESUMEventide US Market ETF$178M0.39%Dec 17, 2024-0.52
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.52
XLFISTATE STREET(R) FINANCIAL SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $5.80M0.35%Jul 29, 2025-0.52
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.51
BFJLFT VEST BITCOIN STRATEGY FLOOR15 ETF - JULY $3.30M0.90%Jun 27, 2025-0.51
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.50
AMDWROUNDHILL AMD WEEKLYPAY ETF $122MN/AJul 23, 2025-0.50
PYPGLEVERAGE SHARES 2X LONG PYPL DAILY ETF $17MN/AApr 3, 2025-0.50
BULGLEVERAGE SHARES 2X LONG BULL DAILY ETF $5.20MN/AAug 8, 2025-0.50
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.50
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.49
SNOUT-REX 2X LONG SNOW DAILY TARGET ETF $25MN/AApr 23, 2025-0.49
DVXFWEBs Defined Volatility XLF ETF$251K0.89%Jul 22, 2025-0.49
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.48
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.48
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.48
RBLYYIELDMAX(R) RBLX OPTION INCOME STRATEGY ETF $2.40M0.99%Jul 28, 2025-0.47
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.47
UNHGLEVERAGE SHARES 2X LONG UNH DAILY ETF $121MN/AJul 21, 2025-0.47
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.46
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.46
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.45
MCOWPACER S&P MIDCAP 400 QUALITY FCF ARISTOCRATS ETF $1.10M0.49%Aug 27, 2025-0.45
QBProShares Nasdaq100 Dynamic Buffer ETF$2.80M0.58%Jun 24, 2025-0.45
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.44
HOOYYIELDMAX(R) HOOD OPTION INCOME STRATEGY ETF $133M0.99%May 7, 2025-0.44
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.44
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.43
LABXTRADR 2X LONG ALAB DAILY ETF $136MN/AAug 11, 2025-0.43
RWRAINWATER EQUITY ETF $18M1.27%Jun 17, 2025-0.43
CBXYCalamos Bitcoin 90 Series Structured Alt Protection ETF July$5.50M0.69%Jul 7, 2025-0.43
MSFWROUNDHILL MSFT WEEKLYPAY ETF $27MN/AJul 23, 2025-0.43
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.43
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.43
TEMTTRADR 2X LONG TEM DAILY ETF $56MN/AMay 12, 2025-0.42
CBTYCalamos Bitcoin 80 Series Structured Alt Protection ETF July$11M0.69%Jul 7, 2025-0.42
GINDGoldman Sachs India Equity ETF$164M0.75%Apr 1, 2025-0.42