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31 Stocks and 69 ETFs for diversifying Penguin Solutions (PENG)

The least correlated asset to Penguin Solutions (PENG) is company Enhanced Group (APAD). The correlation is -0.8525.

Stocks that lowly correlated with PENG

SymbolName
Market cap
SectorIndustry
Correlation
APADEnhanced Group Inc - Class A$161MFinancial ServicesShell Companies-0.85
GIGGigCapital7 Corp - Class A$353MFinancial ServicesShell Companies-0.78
GSRMBitcoin Depot Inc - Class A$54MN/AN/A-0.78
GLIBKGCI Liberty Inc$877MCommunication ServicesTelecom Services-0.75
APADUA Paradise Acquisition Corp Unit$67MFinancial ServicesShell Companies-0.67
HYACHaymaker Acquisition Corp. 4$330MFinancial ServicesShell Companies-0.56
LZMHLZ Technology Holdings Ltd - Class B$9.02MTechnologyInformation Technology Services-0.55
JCAPJefferson Capital Inc$1.06BFinancial ServicesCredit Services-0.52
HKITHitek Global Inc - Class A$4.63MTechnologyInformation Technology Services-0.49
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.49
AUGOAura Minerals Inc$4.54BBasic MaterialsGold-0.49
SUGPSU Group Holdings Ltd - Class A$5.51MIndustrialsSecurity & Protection Services-0.48
HPAIHelport AI Ltd$21MTechnologySoftware - Infrastructure-0.48
KRMNKarman Holdings Inc$6.47BIndustrialsAerospace & Defense-0.48
BAYARBayview Acquisition Corp$143KN/AN/A-0.45
FORLFour Leaf Acquisition Corporation Class A Common Stock$47MN/AN/A-0.42
HBNBHotel101 Global Holdings Corp$1.31BReal EstateReal Estate Services-0.42
SAGTSagtec Global Ltd$18MTechnologySoftware - Application-0.41
JBSJBS N.V. - Class A$13BConsumer DefensivePackaged Foods-0.41
AAUCAllied Gold Corporation$2.75BBasic MaterialsGold-0.41
YMTYimutian Inc$111MTechnologySoftware - Application-0.41
CHACUCrane Harbor Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$72MFinancial ServicesShell Companies-0.41
ALMAlma Metals Limited$3.90BBasic MaterialsOther Industrial Metals & Mining-0.40
UBXGU-BX Technology Ltd$6.42MCommunication ServicesAdvertising Agencies-0.40
SCAGScage Future$25MIndustrialsFarm & Heavy Construction Machinery-0.39
PVLAPalvella Therapeutics Inc$2.18BHealthcareBiotechnology-0.38
POLEUAndretti Acquisition Corp II - Units (1 Ord Class A & 1/2 War)$223MFinancial ServicesShell Companies-0.38
QETARQuetta Acquisition Corp$1.43MN/AN/A-0.38
RDACRRising Dragon Acquisition Corp$140KN/AN/A-0.38
STRCMicrostrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock$29BTechnologySoftware - Application-0.38
BLTEBelite Bio Inc$5.88BHealthcareBiotechnology-0.37

ETFs that lowly correlated with PENG

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
QCMDDirexion Daily QCOM Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.76
CSCSDirexion Daily CSCO Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.72
PALDDirexion Daily PANW Bear 1X Shares$1.80M1.02%Feb 10, 2025-0.70
RTXGLeverage Shares 2X Long RTX Daily ETF$4.50MN/AJun 5, 2025-0.69
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $16M1.03%Feb 11, 2025-0.68
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.65
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.61
SHRTGOTHAM SHORT STRATEGIES ETF $14M1.35%Jul 31, 2017-0.60
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $13MN/AMar 31, 2025-0.57
KGLDKurv Gold Enhanced Income ETF$97M1.00%Jul 7, 2025-0.57
IAUINEOS GOLD HIGH INCOME ETF $448M0.79%Jun 4, 2025-0.55
WZRDOpportunistic Trader ETF$976K1.00%Jun 24, 2025-0.55
LMTLDirexion Daily LMT Bull 2X ETF$8.40MN/AAug 5, 2025-0.54
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.53
GLDYDEFIANCE GOLD ENHANCED OPTIONS INCOME ETF $32M1.04%Apr 1, 2025-0.53
HFMFUNLIMITED HFMF MANAGED FUTURES ETF $22M0.97%Jul 14, 2025-0.53
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.52
YGLDSimplify Gold Strategy PLUS Income ETF$37M0.53%Dec 2, 2024-0.51
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.51
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.51
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.50
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.49
HECAHEDGEYE CAPITAL ALLOCATION ETF $312M1.30%Jun 30, 2025-0.48
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.48
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.48
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.47
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.47
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.47
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.47
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.47
SHNYMicroSectors Gold 3X Leveraged ETN$79MN/AFeb 21, 2023-0.46
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.46
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.46
FPASFPA SHORT DURATION GOVERNMENT ETF $9.90M0.10%Oct 31, 2024-0.46
LDRTISHARES IBONDS 1-5 YEAR TREASURY LADDER ETF $132M0.07%Nov 7, 2024-0.46
LDDRStone Ridge 2035 Term Income ETF$42M0.25%Jan 3, 2025-0.45
BESFBASTION ENERGY ETF $33M0.80%Jun 3, 2025-0.45
XOMXDirexion Daily XOM Bull 2X Shares$7.80MN/AApr 22, 2025-0.45
SHLDGLOBAL X DEFENSE TECH ETF $6.90B0.50%Sep 11, 2023-0.45
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.45
TURFT. ROWE PRICE NATURAL RESOURCES ETF $157M0.44%Jun 11, 2025-0.43
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.43
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.43
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.43
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.43
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.42
GBUGSprott Active Gold & Silver Miners$141M0.90%Feb 19, 2025-0.42
CLIPGLOBAL X 1-3 MONTH T-BILL ETF $2.60B0.07%Jun 20, 2023-0.42
GSKHGSK PLC ADRHEDGED $737K0.19%Jan 6, 2025-0.42
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.42
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.41
GXPEGLOBAL X PURECAP MSCI ENERGY ETF $1.20M0.15%Jul 22, 2025-0.41
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.41
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.40
DEFRAPTUS DEFERRED INCOME ETF$139M0.79%May 13, 2025-0.40
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $14M0.96%Aug 8, 2022-0.40
BILZPIMCO ULTRA SHORT GOVERNMENT ACTIVE EXCHANGE-TRADED FUND $1B0.14%Jun 21, 2023-0.40
AUMITHEMES GOLD MINERS ETF $25M0.35%Dec 12, 2023-0.39
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.39
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.39
DVUTWEBS Defined Volatility XLU ETF$273K0.89%Jul 22, 2025-0.38
LENSSARMAYA THEMATIC ETF $50M0.79%Jan 28, 2025-0.38
NTRLFirst Trust Equity Market Neutral ETF$19M0.95%Feb 4, 2020-0.38
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.38
FIYYGRANITESHARES YIELDBOOST 20Y+ TREASURIES ETF $732K1.07%May 4, 2026-0.38
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.38
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.38
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.38
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.38