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31 Stocks and 69 ETFs for diversifying Pinnacle West Capital (PNW)

The least correlated asset to Pinnacle West Capital (PNW) is ETF GOOW (ROUNDHILL GOOGL WEEKLYPAY ETF). The correlation is -0.771.

Stocks that lowly correlated with PNW

SymbolName
Market cap
SectorIndustry
Correlation
THHTryHard Holdings Ltd$12MIndustrialsSpecialty Business Services-0.63
HERZHerzfeld Credit Income Fund Inc Com$230MFinancial ServicesAsset Management-0.63
LUDLuda Technology Group Ltd$98MBasic MaterialsSteel-0.58
VCKAUScilex Holding Company - Units (1 Ord & 1/2 War)$37MN/AN/A-0.58
MSGYMasonglory Ltd$5.30MIndustrialsEngineering & Construction-0.57
DVSDolly Varden Silver Corporation$258MBasic MaterialsSilver-0.55
BBNXBeta Bionics Inc$751MHealthcareMedical Devices-0.55
SOLEmeren Group Ltd American Depositary Shares, each representing 10 shares$100MTechnologySolar-0.54
INVInnventure Inc$357MFinancial ServicesAsset Management-0.53
NMPAUNMP Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$35MFinancial ServicesShell Companies-0.53
OSTXOS Therapies Inc$61MHealthcareBiotechnology-0.53
PSKYParamount Skydance Corp - Class B$10BCommunication ServicesEntertainment-0.52
WBTNWebtoon Entertainment Inc$1.45BCommunication ServicesInternet Content & Information-0.52
GRAFGraf Global Corp - Class A$311MFinancial ServicesShell Companies-0.51
MHMcGraw Hill Inc$1.95BConsumer DefensiveEducation & Training Services-0.51
PTNMPitanium Ltd - Class A$225MConsumer DefensiveHousehold & Personal Products-0.50
YDESYD Bio Ltd$161MHealthcareBiotechnology-0.50
HTLMHomesToLife Ltd$168MConsumer CyclicalSpecialty Retail-0.50
YHNARYHN Acquisition I Ltd$193KN/AN/A-0.50
DXSTDecent Holding Inc$1.65MIndustrialsWaste Management-0.49
SAILSailpoint Inc$8.58BTechnologySoftware - Infrastructure-0.48
TBHCThe Brand House Collective Inc Com$21MConsumer CyclicalHome Improvement Retail-0.47
JLJ-Long Group Ltd$23MConsumer CyclicalApparel Manufacturing-0.47
DXFN/A$1.40MFinancial ServicesCredit Services-0.47
NIPGNIP Group Inc$82MCommunication ServicesEntertainment-0.46
FAASDigiAsia Corp$4.92MTechnologySoftware - Infrastructure-0.46
RITRReitar Logtech Holdings Ltd - Class A$13MIndustrialsEngineering & Construction-0.45
APRNBlue Apron Holdings Inc - Class A$100MN/AN/A-0.45
ZJKZJK Industrial Co Ltd$126MIndustrialsSpecialty Industrial Machinery-0.44
CTWOCOtwo Advisors Physical European Carbon Allowance Trust$1.85MN/AN/A-0.44
VZLAVizsla Silver Corp (New Shares)$1.03BBasic MaterialsOther Industrial Metals & Mining-0.44

ETFs that lowly correlated with PNW

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
GOOWROUNDHILL GOOGL WEEKLYPAY ETF $85MN/AJul 23, 2025-0.77
APPXTRADR 2X LONG APP DAILY ETF$112MN/AApr 24, 2025-0.74
SDPProShares UltraShort Utilities -2x Shares$3.90MN/AJan 30, 2007-0.70
DVXYWEBs Defined Volatility XLY ETF$230K0.89%Jul 22, 2025-0.68
TOAKTWIN OAK SHORT HORIZON ABSOLUTE RETURN ETF $91M0.25%Aug 19, 2024-0.62
GXPCGLOBAL X PURECAP MSCI COMMUNICATION SERVICES ETF $80M0.15%Jul 22, 2025-0.62
MAGYROUNDHILL MAGNIFICENT SEVEN COVERED CALL ETF $131M0.99%Apr 22, 2025-0.61
GXPDGLOBAL X PURECAP MSCI CONSUMER DISCRETIONARY ETF $48M0.15%Jul 22, 2025-0.61
VGUSVANGUARD ULTRA-SHORT TREASURY ETF ETF SHARES$1B0.07%Feb 10, 2025-0.59
AVLDIREXION DAILY AVGO BULL 2X SHARES $206MN/AOct 9, 2024-0.59
AVGXDEFIANCE DAILY TARGET 2X LONG AVGO ETF $317MN/AAug 21, 2024-0.59
IONXDEFIANCE DAILY TARGET 2X LONG IONQ ETF $229MN/AMar 11, 2025-0.58
IONLGRANITESHARES 2X LONG IONQ DAILY ETF $87MN/AMar 24, 2025-0.58
VBILVANGUARD 0-3 MONTH TREASURY BILL ETF ETF SHARES$9.30B0.06%Feb 10, 2025-0.57
XLYISTATE STREET(R) CONSUMER DISCRETIONARY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $2.10M0.35%Jul 29, 2025-0.56
TSLWROUNDHILL TSLA WEEKLYPAY ETF $101MN/AFeb 18, 2025-0.56
GMMFiShares Government Money Market ETF$178M0.20%Feb 4, 2025-0.56
PMMFiShares Prime Money Market ETF$646M0.20%Feb 4, 2025-0.55
AVGWROUNDHILL AVGO WEEKLYPAY ETF $45MN/AJul 23, 2025-0.54
HEQQJPMORGAN NASDAQ HEDGED EQUITY LADDERED OVERLAY ETF $31M0.50%Mar 26, 2025-0.54
TRUDVANECK CONSUMER DISCRETIONARY TRUSECTOR ETF $33M0.16%Aug 20, 2025-0.54
RVNLGRANITESHARES 2X LONG RIVN DAILY ETF $15MN/AApr 21, 2025-0.53
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.53
DKNXDEFIANCE DAILY TARGET 2X LONG DKNG ETF $5.40MN/AJul 30, 2025-0.53
AVGUT-REX 2X LONG AVGO DAILY TARGET ETF $36MN/AJul 14, 2025-0.53
ADBGLEVERAGE SHARES 2X LONG ADBE DAILY ETF $34MN/AMar 20, 2025-0.52
TSIIREX TSLA GROWTH & INCOME ETF $41MN/AJun 3, 2025-0.52
DVXCWEBs Defined Volatility XLC ETF$229K0.89%Jul 22, 2025-0.52
CRMGLEVERAGE SHARES 2X LONG CRM DAILY ETF $49MN/AFeb 9, 2026-0.51
UNHGLEVERAGE SHARES 2X LONG UNH DAILY ETF $121MN/AJul 21, 2025-0.51
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.51
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.50
MHYWestern Asset Managed High Incm Fnd Inc$23M0.69%Sep 16, 2025-0.49
TECHARBOR TRANSFORMATIVE TECHNOLOGIES ETF $6.70M0.69%Apr 16, 2025-0.49
CBOACalamos Bitcoin Structured Alt Protection ETF April$4.80M0.69%Apr 4, 2025-0.49
JHLNJOHN HANCOCK GLOBAL SENIOR LOAN ETF $633M0.59%Aug 19, 2025-0.49
SLNZTCW Senior Loan ETF$222M0.65%Jun 28, 2013-0.49
CLCGCrossmark Large Cap Growth ETF$29M0.50%Jul 22, 2025-0.49
MSFYKurv Yield Premium Strategy Microsoft (MSFT) ETF$11M0.99%Oct 30, 2023-0.49
QBUFInnovator Nasdaq-100 10 Buffer ETF Quarterly$158M0.79%Jun 28, 2024-0.49
JXXJANUS HENDERSON TRANSFORMATIONAL GROWTH ETF $28M0.57%Feb 4, 2025-0.48
AAUSALPHA ARCHITECT US EQUITY ETF $518M0.15%Jul 22, 2025-0.48
MPLYMONOPOLY ETF $16M0.79%May 15, 2025-0.47
GOOXT-REX 2X LONG ALPHABET DAILY TARGET ETF $53MN/AJan 10, 2024-0.47
TSLGLEVERAGE SHARES 2X LONG TSLA DAILY ETF $42MN/ADec 12, 2024-0.47
ORCXDEFIANCE DAILY TARGET 2X LONG ORCL ETF $204MN/AFeb 6, 2025-0.47
CBXACalamos Bitcoin 90 Series Structured Alt Protection ETF April$5.20M0.69%Apr 4, 2025-0.46
GOOPKurv Yield Premium Strategy Google (GOOGL) ETF$29M0.99%Oct 30, 2023-0.46
QCMUDirexion Daily QCOM Bull 2X ETF$30MN/AJun 24, 2025-0.46
SPYHNEOS S&P 500(R) HEDGED EQUITY INCOME ETF $32M0.68%Apr 2, 2025-0.46
UXAPFT VEST U.S. EQUITY UNCAPPED ACCELERATOR ETF - APRIL $8.60M0.85%Apr 16, 2025-0.46
TEKYLAZARD NEXT GEN TECHNOLOGIES ETF $61M0.50%Apr 4, 2025-0.46
LDRXSGI ENHANCED MARKET LEADERS ETF $242M0.59%May 2, 2025-0.46
FLAGGLOBAL X S&P 500 U.S. MARKET LEADERS TOP 50 ETF $1.60M0.29%Apr 15, 2025-0.46
TUSBTHRIVENT ULTRA SHORT BOND ETF $220M0.20%Feb 18, 2025-0.45
RNDFIRST TRUST BLOOMBERG R&D LEADERS ETF $4.80M0.60%Apr 30, 2024-0.45
FFOGFranklin Focused Growth ETF$312M0.41%Apr 12, 2016-0.45
TSPXTWIN OAK ACTIVE OPPORTUNITIES ETF $272M1.01%Feb 20, 2025-0.45
NITETHE NIGHTVIEW FUND $32M1.25%Jun 21, 2024-0.45
CVNYYIELDMAX(R) CVNA OPTION INCOME STRATEGY ETF $23M1.09%Jan 29, 2025-0.44
TOPCiShares S&P 500 3 Capped ETF$31M0.09%Apr 15, 2025-0.44
KCSHKRANESHARES SUSTAINABLE ULTRA SHORT DURATION INDEX ETF $170M0.20%Jul 22, 2024-0.44
QQQUDIREXION DAILY MAGNIFICENT 7 BULL 2X SHARES $67MN/AMar 6, 2024-0.44
AGRWALLSPRING LT LARGE GROWTH ETF $115M0.35%Mar 26, 2025-0.44
DAKDAKOTA ACTIVE EQUITY ETF $42M0.43%Jul 29, 2025-0.44
AIFDTCW ARTIFICIAL INTELLIGENCE ETF $142M0.75%Aug 31, 2017-0.44
BFAPFT VEST BITCOIN STRATEGY FLOOR15 ETF - APRIL $2.10M0.90%Apr 3, 2025-0.44
HFSIHARTFORD STRATEGIC INCOME ETF $879M0.49%Sep 21, 2021-0.44
PMFBPGIM S&P 500 MAX BUFFER ETF - FEBRUARY $6M0.50%Jan 31, 2025-0.44