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45 Stocks and 55 ETFs for diversifying Packaging Corp Of America (PKG)

The least correlated asset to Packaging Corp Of America (PKG) is ETF SMN (ProShares UltraShort Materials). The correlation is -0.6249.

Stocks that lowly correlated with PKG

SymbolName
Market cap
SectorIndustry
Correlation
AAMAA Mission Acquisition Corp.$368MFinancial ServicesShell Companies-0.57
SAFXXCF Global Inc$126MUtilitiesUtilities - Renewable-0.55
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.55
APUSApimeds Pharmaceuticals US Inc$1.82MHealthcareDrug Manufacturers - Specialty & Generic-0.55
CBIOCrescent Biopharma Inc$573MHealthcareBiotechnology-0.53
IPCXInflection Point Acquisition Corp III - Class A$261MFinancial ServicesShell Companies-0.52
DAICCID HoldCo Inc$5.39MTechnologyInformation Technology Services-0.51
PLMKUPlum Acquisition Corp IV - Units (1 Ord cls A & 1/2 Warr)$54MFinancial ServicesShell Companies-0.51
DGNXDiginex Ltd$31MIndustrialsConsulting Services-0.51
TLXTelix Pharmaceuticals Ltd$3.30BHealthcareBiotechnology-0.49
CHAChagee Holdings Ltd$1.65BConsumer CyclicalRestaurants-0.47
CHACUCrane Harbor Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$72MFinancial ServicesShell Companies-0.46
NTWOUNewbury Street II Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$183MFinancial ServicesShell Companies-0.46
NTCLNetClass Technology Inc - Class A$8.13MTechnologySoftware - Application-0.45
PCPremium Catering (Holdings) Ltd$30MIndustrialsSpecialty Business Services-0.44
NDACUNightDragon Acquisition Corp - Units (1 Ord Share Class A & 1/5 War)$444MN/AN/A-0.44
FBYDFalcon`s Beyond Global Inc - Class A$725MIndustrialsConglomerates-0.43
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.43
CUBLionheart Holdings - Class A$249MFinancial ServicesShell Companies-0.42
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
WYTCWytec International Inc$18MCommunications EquipmentInformation Technology-0.40
OMSEOMS Energy Technologies Inc$201MEnergyOil & Gas Equipment & Services-0.40
SDHISiddhi Acquisition Corp - Class A$287MFinancial ServicesShell Companies-0.40
CRAQCal Redwood Acquisition Corp$320MFinancial ServicesShell Companies-0.40
STRZStarz Entertainment Corp$380MCommunication ServicesEntertainment-0.39
GRAFGraf Global Corp - Class A$311MFinancial ServicesShell Companies-0.39
SLDESlide Insurance Holdings Inc$2.20BFinancial ServicesInsurance - Property & Casualty-0.39
DTSQDT Cloud Star Acquisition Corp$70MFinancial ServicesShell Companies-0.38
TMDETMD Energy Ltd$18MEnergyOil & Gas Midstream-0.38
ETOREtoro Group Ltd - Class A$3.64BFinancial ServicesCapital Markets-0.38
GIBOGIBO Holdings Ltd$42MCommunication ServicesInternet Content & Information-0.37
BEAGBold Eagle Acquisition Corp$273MFinancial ServicesShell Companies-0.37
UYSCUUY Scuti Acquisition Corp - Units (1 Ord Shs & 1 Rts)$89MFinancial ServicesShell Companies-0.37
BEAGRBold Eagle Acquisition Corp Right$1.23MN/AN/A-0.36
JCAPJefferson Capital Inc$950MFinancial ServicesCredit Services-0.36
CCIXUChurchill Capital Corp IX - Units (1 Ord Share Class A & 1/4 War)$66MFinancial ServicesShell Companies-0.36
STAKStak Inc$17MEnergyOil & Gas Equipment & Services-0.36
NYAXNayax Ltd$3.09BTechnologySoftware - Infrastructure-0.35
FVNFuture Vision II Acquisition Corporation$62MFinancial ServicesShell Companies-0.35
TACHTitan Acquisition Corp - Class A$286MFinancial ServicesShell Companies-0.35
NETDNabors Energy Transition Corp II - Class A$73MFinancial ServicesShell Companies-0.35
MGRXMangoceuticals Inc$8.41MHealthcareHealth Information Services-0.35
EPWKEPWK Holdings Ltd - Class A$9.78KTechnologySoftware - Application-0.34
FIGXUFIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$35MFinancial ServicesShell Companies-0.34

ETFs that lowly correlated with PKG

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.62
NFLWROUNDHILL NFLX WEEKLYPAY ETF $16MN/AJun 17, 2025-0.58
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.57
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.57
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.56
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.56
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.56
GGOViShares Global Government Bond USD Hedged Active$44M0.39%Jun 25, 2025-0.55
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.55
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.54
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.54
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.54
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.54
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.54
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.53
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.53
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.53
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.52
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.52
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.52
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.51
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.50
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.50
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.50
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.50
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.50
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.49
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.49
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.48
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.47
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.46
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.46
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.45
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.44
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.42
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.42
NVDSTradr 1.5X Short NVDA Daily ETF$23MN/AJul 13, 2022-0.42
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.42
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.42
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.41
PYPGLEVERAGE SHARES 2X LONG PYPL DAILY ETF $27MN/AApr 3, 2025-0.41
WZRDOpportunistic Trader ETF$3.90M1.00%Jun 24, 2025-0.41
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.40
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.40
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.39
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.38
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.38
RXDProShares UltraShort Health Care -2x Shares$4.90MN/AJan 30, 2007-0.37
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.37
PLTGLEVERAGE SHARES 2X LONG PLTR DAILY ETF $26MN/AApr 24, 2025-0.37
PLTUT-REX 2X LONG PLTR DAILY TARGET ETF$487MN/ADec 10, 2024-0.36
SHRTGOTHAM SHORT STRATEGIES ETF $17M1.35%Jul 31, 2017-0.35
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.35
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.35
OILDBank of Montreal$19MN/ANov 8, 2021-0.34