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53 Stocks and 47 ETFs for diversifying Pennymac Mortgage Investment Trust (PMTU)

The least correlated asset to Pennymac Mortgage Investment Trust (PMTU) is ETF JHDG (WISDOMTREE JAPAN HEDGED QUALITY DIVIDEND GROWTH FUND NA). The correlation is -1.

Stocks that lowly correlated with PMTU

SymbolName
Market cap
SectorIndustry
Correlation
BOACBluescape Opportunities Acquisition Corp - Class A$227MN/AN/A-1.00
FRBNUForbion European Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$316MN/AN/A-1.00
APGBApollo Strategic Growth Capital II - Class A$372MN/AN/A-0.99
ARTEUArtemis Strategic Investment Corp - Units (1 Ord Share Class A & 1/2 War)$263MN/AN/A-0.98
WWACUAeries Technology Inc - Units (1 Ord Class A & 1/2 War)$41MN/AN/A-0.95
AMAOAmerican Acquisition Opportunity Inc - Class A$118MN/AN/A-0.90
ALORALSP Orchid Acquisition Corp I - Class A$22MN/AN/A-0.87
ALORUALSP Orchid Acquisition Corp I - Units (1 Ord Class A & 1/2 War)$22MN/AN/A-0.78
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.76
APRNBlue Apron Holdings Inc - Class A$100MN/AN/A-0.73
BRLIUBrilliant Acquisition Corp - Unit (1 Ordinary share 1 War and 1 Rts)$6.42MN/AN/A-0.65
PCLNPriceline.com Inc$906MN/AN/A-0.64
VMWVmware Inc - Class A$62BN/AN/A-0.63
GIWGigInternational1 Inc$137MFinancial ServicesShell Companies-0.62
MDCXMedicus Pharma Ltd. Common Stock$12MN/AN/A-0.59
AZIAutozi Internet Technology (Global) Ltd - Class A$9.05MConsumer CyclicalAuto & Truck Dealerships-0.59
OMSEOMS Energy Technologies Inc$201MEnergyOil & Gas Equipment & Services-0.57
BRLIBrilliant Acquisition Corp$5.92MN/AN/A-0.57
BMGLBasel Medical Group Ltd$11MHealthcareMedical Care Facilities-0.52
JLHLJulong Holding Ltd - Class A$457MIndustrialsBuilding Products & Equipment-0.52
LIONLionsgate Studios Corp - New$3.99BFinancial ServicesShell Companies-0.51
HMRSports Properties Acquisition Corp$73MIndustrialsMarine Shipping-0.49
RAAQReal Asset Acquisition Corp - Class A$196MFinancial ServicesShell Companies-0.49
RALRalliant Corporation$6.99BN/AN/A-0.48
RELYRemitly Global Inc$4.23BTechnologySoftware - Infrastructure-0.48
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.47
SGHCSuper Group (SGHC) Ltd$6.54BConsumer CyclicalGambling-0.47
CYBNCybin Inc$408MHealthcareBiotechnology-0.46
STRZStarz Entertainment Corp$380MCommunication ServicesEntertainment-0.45
MACIUMelar Acquisition Corp I - Units (1 Ord Class A & 1 War)$197MFinancial ServicesShell Companies-0.44
ACRSAclaris Therapeutics Inc$640MHealthcareBiotechnology-0.43
GRDNGuardian Pharmacy Services Inc$2.49BHealthcareMedical Care Facilities-0.43
DXFN/A$2.89MFinancial ServicesCredit Services-0.42
WETHWetouch Technology Inc. Common Stock$18MN/AN/A-0.42
EPWKEPWK Holdings Ltd - Class A$9.78KTechnologySoftware - Application-0.42
BOWBowhead Specialty Holdings Inc$886MFinancial ServicesInsurance - Property & Casualty-0.42
IROHRCN Healthy Food Tech Group Corp$35MN/AN/A-0.41
RIBBRibbon Acquisition Corp$42MFinancial ServicesShell Companies-0.41
COLAColumbus Acquisition Corp$35MFinancial ServicesShell Companies-0.41
FEMYFemasys Inc$23MHealthcareMedical Instruments & Supplies-0.41
ETOREtoro Group Ltd - Class A$3.64BFinancial ServicesCapital Markets-0.41
RNGRRanger Energy Services Inc - Class A$360MEnergyOil & Gas Equipment & Services-0.40
LMNXLuminex Corp$620MN/AN/A-0.40
TRAKDealerTrack Technologies Inc$188MTechnologySoftware - Application-0.40
HCHLHappy City Holdings Ltd - Class A$59MConsumer CyclicalRestaurants-0.40
RIBBRRibbon Acquisition Corp Rights$277KN/AN/A-0.39
PCTYPaylocity Holding Corp$5.83BTechnologySoftware - Application-0.39
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.39
TPSTTempest Therapeutics Inc$26MHealthcareBiotechnology-0.38
DXYZDestiny Tech100 Inc$629MFinancial ServicesAsset Management-0.37
SLNOSoleno Therapeutics Inc$2.74BHealthcareBiotechnology-0.37
TVAIUThayer Ventures Acquisition Corp II - Units (1 Ord Cls A & 1 Rts)$10MFinancial ServicesShell Companies-0.37
USACUSA Compression Partners LP$4.20BEnergyOil & Gas Equipment & Services-0.37

ETFs that lowly correlated with PMTU

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
JHDGWISDOMTREE JAPAN HEDGED QUALITY DIVIDEND GROWTH FUND NA$64M0.49%Apr 7, 2026-1.00
SLVRSprott Silver Miners & Physical Silver ETF$794M0.65%Jan 14, 2025-1.00
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.69
GLDWROUNDHILL GOLD WEEKLYPAY ETF $25MN/AOct 29, 2025-0.59
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.59
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.59
TTTProShares UltraPro Short 20+ Year Treasury -3x Shares$19MN/AMar 27, 2012-0.57
TMVDIREXION DAILY 20+ YEAR TREASURY BEAR 3X SHARES $176MN/AApr 16, 2009-0.57
TBFPROSHARES SHORT 20+ YEAR TREASURY $81M0.95%Aug 18, 2009-0.57
TBTPROSHARES ULTRASHORT 20+ YEAR TREASURY $296MN/AApr 29, 2008-0.57
BIGYYIELDMAX(R) TARGET 12(TM) BIG 50 OPTION INCOME ETF $26M1.09%Nov 20, 2024-0.57
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.56
TYODIREXION DAILY 7-10 YEAR TREASURY BEAR 3X SHARES $11MN/AApr 16, 2009-0.56
PSTPROSHARES ULTRASHORT 7-10 YEAR TREASURY $11MN/AApr 29, 2008-0.55
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $210M0.50%May 10, 2021-0.55
TBXPROSHARES SHORT 7-10 YEAR TREASURY $18M0.95%Apr 4, 2011-0.55
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.54
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.54
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.54
SDPProShares UltraShort Utilities -2x Shares$4.60MN/AJan 30, 2007-0.52
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.50
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.48
CSCLDirexion Daily CSCO Bull 2X ETF$5MN/AJun 24, 2025-0.46
QCMUDirexion Daily QCOM Bull 2X ETF$22MN/AJun 24, 2025-0.45
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $228M1.04%Sep 30, 2021-0.44
QBProShares Nasdaq100 Dynamic Buffer ETF$1.40M0.58%Jun 24, 2025-0.44
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.43
PTIRGRANITESHARES 2X LONG PLTR DAILY ETF $408MN/ASep 4, 2024-0.43
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.43
RXDProShares UltraShort Health Care -2x Shares$4.90MN/AJan 30, 2007-0.42
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.42
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.42
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.42
MMKTTEXAS CAPITAL GOVERNMENT MONEY MARKET ETF $70M0.20%Sep 24, 2024-0.42
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.41
TNGYTORTOISE ENERGY ETF $600M0.85%Dec 27, 2010-0.40
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.40
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.40
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.39
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.39
RINFPROSHARES INFLATION EXPECTIATIONS ETF PROSHARES INFLATION EXPECTATIONS ETF$18M0.30%Jan 10, 2012-0.39
MSTUT-REX 2X LONG MSTR DAILY TARGET ETF $616MN/ASep 17, 2024-0.39
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.38
BTRNGLOBAL X BITCOIN TREND STRATEGY ETF $1.90M0.95%Mar 20, 2024-0.38
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.38
PLTYYieldMax PLTR Option Income Strategy ETF$348M1.07%Oct 7, 2024-0.37
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.37