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42 Stocks and 58 ETFs for diversifying Packaging Corp Of America (PKG)

The least correlated asset to Packaging Corp Of America (PKG) is company CTW Cayman (CTW). The correlation is -0.7921.

Stocks that lowly correlated with PKG

SymbolName
Market cap
SectorIndustry
Correlation
CTWCTW Cayman - Class A$147MCommunication ServicesElectronic Gaming & Multimedia-0.79
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.59
AAMAA Mission Acquisition Corp.$368MFinancial ServicesShell Companies-0.57
DAICCID HoldCo Inc$40MTechnologyInformation Technology Services-0.55
BLSHBullish$3.80BTechnologySoftware - Infrastructure-0.54
CBION/A$432MHealthcareBiotechnology-0.53
APADUA Paradise Acquisition Corp Unit$67MFinancial ServicesShell Companies-0.53
SAFXXCF Global Inc$145MUtilitiesUtilities - Renewable-0.52
DGNXDiginex Ltd$28MIndustrialsConsulting Services-0.51
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$18MFinancial ServicesShell Companies-0.50
APUSApimeds Pharmaceuticals US Inc$8.51MHealthcareDrug Manufacturers - Specialty & Generic-0.50
NMPAUNMP Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$35MFinancial ServicesShell Companies-0.49
APADREnhanced Group Inc$6.67MN/AN/A-0.49
IPCXInflection Point Acquisition Corp III - Class A$263MFinancial ServicesShell Companies-0.49
PLMKUPlum Acquisition Corp IV - Units (1 Ord cls A & 1/2 Warr)$213MFinancial ServicesShell Companies-0.48
SSEAUStarry Sea Acquisition Corp - Units (1 Ord Shs & 1/6 Rts)$19MFinancial ServicesShell Companies-0.47
TLXTelix Pharmaceuticals Ltd$3.82BHealthcareBiotechnology-0.47
LWACLightWave Acquisition Corp - Class A$221MFinancial ServicesShell Companies-0.46
CHACUCrane Harbor Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$72MFinancial ServicesShell Companies-0.46
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.45
NTWOUNewbury Street II Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$184MFinancial ServicesShell Companies-0.45
NDACUNightDragon Acquisition Corp - Units (1 Ord Share Class A & 1/5 War)$444MN/AN/A-0.44
ELOGEastern International Ltd$9.59MIndustrialsIntegrated Freight & Logistics-0.43
PCPremium Catering (Holdings) Ltd$30MIndustrialsSpecialty Business Services-0.43
QUMSUQuantumsphere Acquisition Corp - Units (1 Ord Shs & 1 Rts)$33MFinancial ServicesShell Companies-0.43
WYTCWytec International Inc$14MCommunications EquipmentInformation Technology-0.41
OMSEOMS Energy Technologies Inc$197MEnergyOil & Gas Equipment & Services-0.41
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.41
VCKAUScilex Holding Company - Units (1 Ord & 1/2 War)$37MN/AN/A-0.41
FBYDFalcon`s Beyond Global Inc - Class A$617MIndustrialsConglomerates-0.41
MAMKMaxsMaking Inc - Class A$195MIndustrialsConglomerates-0.39
JCAPJefferson Capital Inc$1.06BFinancial ServicesCredit Services-0.39
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.39
ARXAccelerant Holdings - Class A$2.82BFinancial ServicesInsurance Brokers-0.39
KCHVKochav Defense Acquisition Corp - Class A$263MFinancial ServicesShell Companies-0.38
CUBLionheart Holdings - Class A$248MFinancial ServicesShell Companies-0.37
SLDESlide Insurance Holdings Inc$2.32BFinancial ServicesInsurance - Property & Casualty-0.37
DTSQDT Cloud Star Acquisition Corp$70MFinancial ServicesShell Companies-0.37
OFSSOOFS Capital Corp$341MN/AN/A-0.36
PVLAPalvella Therapeutics Inc$2.18BHealthcareBiotechnology-0.36
SDHISiddhi Acquisition Corp - Class A$288MFinancial ServicesShell Companies-0.36
NYAXNayax Ltd$2.63BTechnologySoftware - Infrastructure-0.36

ETFs that lowly correlated with PKG

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.62
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.60
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.57
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.57
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.56
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.56
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.56
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.56
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.54
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.54
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.54
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.54
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.54
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.54
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.53
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.53
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.52
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.52
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.52
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.51
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.51
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.51
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.50
GGOViShares Global Government Bond USD Hedged Active$2.90B0.39%Jun 25, 2025-0.50
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.50
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.49
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.49
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.49
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.49
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.49
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.48
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.48
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.47
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.45
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.45
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.45
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.44
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.42
WTIPWISDOMTREE INFLATION PLUS FUND $21M0.65%Jun 16, 2025-0.42
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.41
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.41
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.41
PLTGLEVERAGE SHARES 2X LONG PLTR DAILY ETF $23MN/AApr 24, 2025-0.40
SHPUDIREXION DAILY SHOP BULL 2X ETF $15MN/AAug 5, 2025-0.40
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.40
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.40
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.39
PYPGLEVERAGE SHARES 2X LONG PYPL DAILY ETF $17MN/AApr 3, 2025-0.39
PLTUT-REX 2X LONG PLTR DAILY TARGET ETF$384MN/ADec 10, 2024-0.39
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.39
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.38
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.38
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.38
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.38
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.37
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.37
SHRTGOTHAM SHORT STRATEGIES ETF $14M1.35%Jul 31, 2017-0.37
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $13MN/AMar 31, 2025-0.36