33 Stocks and 67 ETFs for diversifying PennantPark Investment (PNNT)
The least correlated asset to PennantPark Investment (PNNT) is ETF DWSH (ADVISORSHARES DORSEY WRIGHT SHORT ETF). The correlation is -0.7031.
Stocks that lowly correlated with PNNT
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| HOND | HCM II Acquisition Corp. Class A Ordinary Shares | $519M | Financial Services | Shell Companies | -0.57 |
| HMR | Sports Properties Acquisition Corp | $65M | Industrials | Marine Shipping | -0.52 |
| ASIC | Ategrity Specialty Holdings LLC | $1.08B | Financial Services | Insurance - Property & Casualty | -0.52 |
| LCCC | Lakeshore Acquisition III Corp | $72M | Financial Services | Shell Companies | -0.51 |
| WTG | Wintergreen Acquisition Corp | $58M | Financial Services | Shell Companies | -0.50 |
| HSPTR | Horizon Space Acquisition II Corp Right | $1M | N/A | N/A | -0.50 |
| NCI | Neo Concept International Group Holdings Ltd | $48M | Consumer Cyclical | Apparel Manufacturing | -0.50 |
| OYSE | Oyster Enterprises II Acquisition Corp | $268M | Financial Services | Shell Companies | -0.48 |
| STAK | Stak Inc | $55M | Energy | Oil & Gas Equipment & Services | -0.47 |
| SAFX | XCF Global Inc | $145M | Utilities | Utilities - Renewable | -0.47 |
| NCEW | New Century Logistics (BVI) Ltd | $54M | Industrials | Integrated Freight & Logistics | -0.47 |
| BMHL | Bluemount Holdings Ltd | $146M | Financial Services | Capital Markets | -0.47 |
| CHA | Chagee Holdings Ltd | $1.84B | Consumer Cyclical | Restaurants | -0.46 |
| NPAC | New Providence Acquisition Corp III - Class A | $398M | Financial Services | Shell Companies | -0.46 |
| LINE | Lineage Inc | $9.99B | Real Estate | Reit - Industrial | -0.46 |
| TVAI | Thayer Ventures Acquisition Corporation II | $208M | Financial Services | Shell Companies | -0.45 |
| EQV | EQV Ventures Acquisition Corp. | $466M | Financial Services | Shell Companies | -0.44 |
| BSAA | BEST SPAC I Acquisition Corp - Class A | $63M | Financial Services | Shell Companies | -0.44 |
| CRAQ | Cal Redwood Acquisition Corp | $320M | Financial Services | Shell Companies | -0.43 |
| SLDE | Slide Insurance Holdings Inc | $2.32B | Financial Services | Insurance - Property & Casualty | -0.42 |
| LEGT-U | Legato Merger Corp III - Units (1 Ord & 1/2 War) | $102M | N/A | N/A | -0.42 |
| PGAC | Pantages Capital Acquisition Corp Cl A Ord Shs | $118M | Financial Services | Shell Companies | -0.42 |
| DAAQ | Digital Asset Acquisition Corp - Class A | $180M | Financial Services | Shell Companies | -0.41 |
| QSEA | Quartzsea Acquisition Corp | $87M | Financial Services | Shell Companies | -0.41 |
| WFF | WF Holding Ltd | $12M | Industrials | Specialty Industrial Machinery | -0.40 |
| PROP | Prairie Operating Co. Common Stock | $60M | Energy | Oil & Gas E&p | -0.39 |
| EDHL | Everbright Digital Holding Ltd | $5.88M | Communication Services | Advertising Agencies | -0.39 |
| AXIN | Axiom Intelligence Acquisition Corp 1 - Class A | $341M | Financial Services | Shell Companies | -0.39 |
| DFSC | DEFSEC Technologies Inc Com | $3.99M | Industrials | Aerospace & Defense | -0.38 |
| GTERA | Globa Terra Acquisition Corporation Class A | $246M | Financial Services | Shell Companies | -0.38 |
| STRZ | Starz Entertainment Corp | $468M | Communication Services | Entertainment | -0.38 |
| BCAX | Bicara Therapeutics Inc | $1.84B | Healthcare | Biotechnology | -0.37 |
| ORIQU | Origin Investment Corp I - Units (1 Ord Cls & 1/2 War) | $22M | Financial Services | Shell Companies | -0.37 |