Overview Performance Metrics Financials Industry Splits Correlations

59 Stocks and 41 ETFs for diversifying PEDEVCO (PED)

The least correlated asset to PEDEVCO (PED) is company Pennymac Mortgage Investment Trust (PMTW). The correlation is -0.8754.

Stocks that lowly correlated with PED

Symbol	Name	Market cap	Sector	Industry	Correlation
PMTW	Pennymac Mortgage Investment Trust	$2.23B	N/A	N/A	-0.88
AOMD	Angel Oak Mortgage REIT Inc	$622M	N/A	N/A	-0.70
BUSEP	First Busey Corp	$2.18B	Financial Services	Banks - Regional	-0.66
ACTU	Actuate Therapeutics Inc	$50M	Healthcare	Biotechnology	-0.61
KKRT	KKR & Co. Inc	$22B	N/A	N/A	-0.60
WGRX	Wellgistics Health Inc	$7.55M	Healthcare	Pharmaceutical Retailers	-0.60
HSPTU	Horizon Space Acquisition II Corp - Unit (1 Ordinary share & 1 Rts)	$25M	Financial Services	Shell Companies	-0.59
AACI	Armada Acquisition Corp I	$77M	Financial Services	Shell Companies	-0.58
CAPNU	Cayson Acquisition Corp - Units (1 1 Rights)	$20M	Financial Services	Shell Companies	-0.58
KMTS	Kestra Medical Technologies Ltd	$1.23B	Healthcare	Medical Instruments & Supplies	-0.57
LGPS	LogProstyle Inc	$16M	Industrials	Conglomerates	-0.56
CTWO	COtwo Advisors Physical European Carbon Allowance Trust	$1.73M	N/A	N/A	-0.55
ELPW	Elong Power Holding Ltd	$645K	Industrials	Electrical Equipment & Parts	-0.55
TFSA	Terra Income Fund 6, LLC 7.00% Notes due 2026	$124M	N/A	N/A	-0.53
CMDB	Costamare Bulkers Holdings Ltd	$409M	Industrials	Marine Shipping	-0.53
TWOD	Two Harbors Investment Corp	$2.67B	N/A	N/A	-0.52
UYSCR	UY Scuti Acquisition Corp	$277K	N/A	N/A	-0.52
EGHA	EGH Acquisition Corp - Class A	$212M	Financial Services	Shell Companies	-0.52
COLAU	Columbus Acquisition Corp - Units ( Ord Cls A & 1 Rts)	$62M	Financial Services	Shell Companies	-0.52
HSPT	Horizon Space Acquisition II Corp	$61M	Financial Services	Shell Companies	-0.50
SUPX	Super X AI Technology Ltd	$299M	Technology	Software - Infrastructure	-0.49
HCAI	Huachen AI Parking Management Technology Holding Co. Ltd	$13M	Industrials	Farm & Heavy Construction Machinery	-0.49
ANTA	Antalpha Platform Holding Company	$169M	Financial Services	Credit Services	-0.49
CCIX	Churchill Capital Corp IX	$310M	Financial Services	Shell Companies	-0.48
NOEMR	CO2 Energy Transition Corp	$537K	N/A	N/A	-0.48
NEE-P-U	NextEra Energy Inc Series U Junior Subordinated Debentures due June 1 2085	$53B	N/A	N/A	-0.48
FGL	Founder Group Ltd	$2.30M	Industrials	Engineering & Construction	-0.47
NTCL	NetClass Technology Inc - Class A	$8.13M	Technology	Software - Application	-0.46
AZI	Autozi Internet Technology (Global) Ltd - Class A	$9.05M	Consumer Cyclical	Auto & Truck Dealerships	-0.45
GRDN	Guardian Pharmacy Services Inc	$2.49B	Healthcare	Medical Care Facilities	-0.45
BLIV	BeLive Holdings	$25M	Technology	Software - Application	-0.44
MACIU	Melar Acquisition Corp I - Units (1 Ord Class A & 1 War)	$197M	Financial Services	Shell Companies	-0.44
BACQ	Bleichroeder Acquisition Corp I - Class A	$545M	Financial Services	Shell Companies	-0.44
CLBR	Colombier Acquisition Corp II - Class A	$366M	Financials	Investment Holding Companies	-0.43
CHPG	ChampionsGate Acquisition Corp - Class A	$77M	Financial Services	Shell Companies	-0.43
TTAM	Titan America SA	$3.01B	Basic Materials	Building Materials	-0.41
PCSC	Perceptive Capital Solutions Corp - Class A	$97M	Financial Services	Shell Companies	-0.40
IPEXU	Inflection Point Acquisition Corp V - Units (1 Ord Cls A & 1 Rts)	$29M	Financial Services	Shell Companies	-0.40
DMAAR	Drugs Made In America Acquisition Corp	$1.29M	N/A	N/A	-0.39
TBBB	BBB Foods Inc - Class A	$4.24B	Consumer Defensive	Discount Stores	-0.39
SCMAU	Seaport Calibre Materials Acquisition Corp - Units (1 Ord Share Class A & 1/2 War)	$177M	N/A	N/A	-0.38
UTAAU	UTA Acquisition Corp - Units (1 Ord Class A & 1/2 War)	$61M	N/A	N/A	-0.38
CRBD	Corebridge Financial Inc	$11B	N/A	N/A	-0.38
GO	Grocery Outlet Holding Corp	$812M	Consumer Defensive	Grocery Stores	-0.38
LHSW	Lianhe Sowell International Group Ltd	$9.40M	Technology	Software - Infrastructure	-0.38
RDACR	Rising Dragon Acquisition Corp	$192K	N/A	N/A	-0.38
NAMI	Jinxin Technology Holding Company	$34M	Communication Services	Internet Content & Information	-0.37
ZYBT	Zhengye Biotechnology Holding Ltd	$41M	Healthcare	Drug Manufacturers - Specialty & Generic	-0.37
BKHAR	Black Hawk Acquisition Corp	$2.38M	N/A	N/A	-0.37
PMTR	Perimeter Acquisition Corp I - Class A	$258M	Financial Services	Shell Companies	-0.36
CGCT	Cartesian Growth Corp III - Class A	$283M	Financial Services	Shell Companies	-0.36
MITN	AG Mortgage Investment Trust Inc	$803M	N/A	N/A	-0.36
JDZG	Jiade Ltd	$1.58M	Consumer Defensive	Education & Training Services	-0.35
ABLLL	Abacus Global Management Inc	$2.45B	N/A	N/A	-0.35
MENS	Jyong Biotech Ltd	$164M	Healthcare	Biotechnology	-0.35
PMNT	Perfect Moment Ltd	$7.77M	Consumer Cyclical	Apparel Manufacturing	-0.35
MRX	Marex Group Plc	$3.85B	Financial Services	Capital Markets	-0.35
LCCC	Lakeshore Acquisition III Corp	$72M	Financial Services	Shell Companies	-0.34
PRDS	Pardes Biosciences Inc	$129M	N/A	N/A	-0.34

ETFs that lowly correlated with PED

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
VGMS	Vanguard MultiSector Income Bond ETF	$215M	0.30%	Jun 9, 2025	-0.81
HBDC	Hilton BDC Corporate Bond ETF	$86M	0.39%	Jun 10, 2025	-0.72
BSJX	Invesco BulletShares 2033 High Yield Corporate Bond ETF	$10M	0.42%	Jun 11, 2025	-0.71
BUFH	FT Vest Laddered Max Buffer ETF	$53M	0.95%	Jun 24, 2025	-0.70
CPSU	Calamos S&P 500 Structured Alt Protection ETF June	$13M	0.69%	Jun 2, 2025	-0.69
ZJUN	Innovator Equity Defined Protection ETF 1 Yr June	$34M	0.79%	May 30, 2025	-0.68
INVG	GMO SYSTEMATIC INVESTMENT GRADE CREDIT ETF	$28M	0.25%	Jun 3, 2025	-0.68
TJUN	FT Vest Emerging Markets Buffer ETF June	$2.30M	0.95%	Jun 18, 2025	-0.66
BUFX	FT Vest Laddered Enhance & Moderate Buffer ETF	$12M	0.96%	Jun 24, 2025	-0.64
BSCZ	Invesco BulletShares 2035 Corporate Bond ETF	$234M	0.10%	Jun 11, 2025	-0.63
STOX	HORIZON CORE EQUITY ETF	$132M	0.70%	Jun 25, 2025	-0.61
SFTY	HORIZON MANAGED RISK ETF	$370M	0.77%	Jun 25, 2025	-0.60
HGRO	HEDGEYE QUALITY GROWTH ETF	$97M	0.70%	Jun 10, 2025	-0.56
KOID	KRANESHARES GLOBAL HUMANOID AND EMBODIED INTELLIGENCE INDEX ETF	$158M	0.69%	Jun 4, 2025	-0.56
ODHY	OBRA DEFENSIVE HIGH YIELD ETF	$5.10M	0.50%	Jun 30, 2025	-0.52
JPY	LAZARD JAPANESE EQUITY ETF	$75M	0.60%	Apr 4, 2025	-0.52
EXUS	MACQUARIE FOCUSED INTERNATIONAL CORE ETF	$68M	0.59%	Jun 17, 2025	-0.51
SPYA	Twin Oak Endure ETF	$127M	0.49%	Jun 2, 2025	-0.50
MTRA	INVESCO INTERNATIONAL GROWTH FOCUS ETF	$142M	0.54%	Jun 11, 2025	-0.48
SLDR	GLOBAL X SHORT-TERM TREASURY LADDER ETF	$40M	0.12%	Sep 9, 2024	-0.47
PVEX	TRUESHARES CONVEQUITY ETF	$55M	0.82%	Jun 27, 2025	-0.47
CONI	GRANITESHARES 2X SHORT COIN DAILY ETF	$17M	N/A	Sep 4, 2024	-0.46
RB	ProShares Russell 2000 Dynamic Buffer ETF	$1.10M	0.58%	Jun 24, 2025	-0.46
LDRC	ISHARES IBONDS 1-5 YEAR CORPORATE LADDER ETF	$77M	0.10%	Nov 7, 2024	-0.44
ZTWO	F/M 2-YEAR INVESTMENT GRADE CORPORATE BOND ETF	$18M	0.15%	Jan 10, 2024	-0.44
MUNY	Vanguard New York TaxExempt Bond ETF	$372M	0.09%	May 20, 2025	-0.43
DIVN	HORIZON DIVIDEND INCOME ETF	$147M	0.70%	Jun 25, 2025	-0.43
BRKU	DIREXION DAILY BRKB BULL 2X SHARES	$58M	N/A	Dec 10, 2024	-0.43
VTEL	Vanguard LongTerm TaxExempt Bond ETF	$259M	0.09%	May 20, 2025	-0.43
SJLD	SANJAC ALPHA LOW DURATION ETF	$2.50M	0.35%	Sep 9, 2024	-0.42
FB	ProShares S&P 500 Dynamic Buffer ETF	$1.70M	0.58%	Jun 24, 2025	-0.42
IAUI	NEOS GOLD HIGH INCOME ETF	$427M	0.79%	Jun 4, 2025	-0.41
ZTRE	F/M 3-YEAR INVESTMENT GRADE CORPORATE BOND ETF	$41M	0.15%	Jan 10, 2024	-0.40
CSTK	Invesco Comstock Contrarian Equity ETF	$129M	0.35%	May 5, 2025	-0.39
TIPD	Direxion Daily TIPS Bear 2X Shares	$4M	0.10%	Aug 18, 2025	-0.39
YGLD	Simplify Gold Strategy PLUS Income ETF	$49M	0.53%	Dec 2, 2024	-0.38
MMSD	IQ MACKAY MUNICIPAL SHORT DURATION ETF	$62M	0.25%	May 5, 2025	-0.38
KNRG	Simplify Kayne Anderson Energy and Infrastructure Credit ETF	$145M	0.76%	May 27, 2025	-0.37
LCOW	PACER S&P 500 QUALITY FCF ARISTOCRATS ETF	$23M	0.49%	May 6, 2025	-0.35
FIAT	YIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF	$39M	1.05%	Jul 9, 2024	-0.34
NFXS	DIREXION DAILY NFLX BEAR 1X SHARES	$5M	1.03%	Oct 2, 2024	-0.34