28 Stocks and 72 ETFs for diversifying Parker-Hannifin (PH)
The least correlated asset to Parker-Hannifin (PH) is ETF SIJ (ProShares UltraShort Industrials -2x Shares). The correlation is -0.8073.
Stocks that lowly correlated with PH
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| DFSC | DEFSEC Technologies Inc Com | $3.99M | Industrials | Aerospace & Defense | -0.79 |
| CAEP | Cantor Equity Partners III Inc - Class A | $420M | Financial Services | Shell Companies | -0.70 |
| BMGL | Basel Medical Group Ltd | $9.61M | Healthcare | Medical Care Facilities | -0.69 |
| CRCL | Circle Internet Group Inc - Class A | $16B | Financial Services | Capital Markets | -0.67 |
| TDIC | Dreamland Ltd | $17M | Communication Services | Advertising Agencies | -0.67 |
| BLSH | Bullish | $3.80B | Technology | Software - Infrastructure | -0.65 |
| HCHL | Happy City Holdings Ltd - Class A | $59M | Consumer Cyclical | Restaurants | -0.62 |
| TACOW | Berto Acquisition Corp - Warrants (01/05/2030) | $1.62M | N/A | N/A | -0.62 |
| CTW | CTW Cayman - Class A | $147M | Communication Services | Electronic Gaming & Multimedia | -0.61 |
| RAAQU | Real Asset Acquisition Corp - Units (1 Ord Cls A & 1/2 War) | $65M | Financial Services | Shell Companies | -0.59 |
| SRTA | Strata Critical Medical Inc Cl A Com | $462M | Healthcare | Medical Care Facilities | -0.58 |
| CDTG | CDT Environmental Technology Investment Holdings Ltd | $3.77M | Industrials | Waste Management | -0.58 |
| CCIIW | Cohen Circle Acquisition Corp II - Warrants(01/07/2030) | $3.81M | N/A | N/A | -0.57 |
| OMDA | Omada Health Inc | $1.41B | Healthcare | Health Information Services | -0.57 |
| SEGG | Lottery.com Inc | $4.48M | Consumer Cyclical | Gambling | -0.57 |
| SSEAU | Starry Sea Acquisition Corp - Units (1 Ord Shs & 1/6 Rts) | $19M | Financial Services | Shell Companies | -0.57 |
| STRZ | Starz Entertainment Corp | $468M | Communication Services | Entertainment | -0.57 |
| WYFI | Whitefiber Inc | $1.13B | Technology | Information Technology Services | -0.55 |
| MCTR | CTRL Group Ltd | $15M | Communication Services | Advertising Agencies | -0.55 |
| JLHL | Julong Holding Ltd - Class A | $219M | Industrials | Building Products & Equipment | -0.54 |
| EMPD | Empery Digital Inc | $98M | Consumer Cyclical | Auto Manufacturers | -0.54 |
| FIG | Figma Inc - Class A | $12B | Technology | Software - Application | -0.53 |
| TVAIU | Thayer Ventures Acquisition Corp II - Units (1 Ord Cls A & 1 Rts) | $9.15M | Financial Services | Shell Companies | -0.53 |
| UYSC | UY Scuti Acquisition Corp | $74M | Financial Services | Shell Companies | -0.52 |
| TACO | Berto Acquisition Corp | $314M | Financial Services | Shell Companies | -0.52 |
| APADR | Enhanced Group Inc | $6.67M | N/A | N/A | -0.52 |
| VNMEU | Vendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War) | $52M | Financial Services | Shell Companies | -0.51 |
| AMBQ | Ambiq Micro Inc | $1.76B | Technology | Semiconductors | -0.51 |