28 Stocks and 72 ETFs for diversifying Patterson-UTI Energy (PTEN)
The least correlated asset to Patterson-UTI Energy (PTEN) is ETF DUG (ProShares UltraShort Energy). The correlation is -0.7912.
Stocks that lowly correlated with PTEN
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| MENS | Jyong Biotech Ltd | $164M | Healthcare | Biotechnology | -0.65 |
| CAI | Caris Life Sciences Inc - Class A | $4.35B | Healthcare | Biotechnology | -0.62 |
| PMTW | Pennymac Mortgage Investment Trust | $2.23B | N/A | N/A | -0.60 |
| ZYBT | Zhengye Biotechnology Holding Ltd | $41M | Healthcare | Drug Manufacturers - Specialty & Generic | -0.60 |
| ELPW | Elong Power Holding Ltd | $645K | Industrials | Electrical Equipment & Parts | -0.60 |
| WGRX | Wellgistics Health Inc | $7.55M | Healthcare | Pharmaceutical Retailers | -0.59 |
| FGL | Founder Group Ltd | $2.30M | Industrials | Engineering & Construction | -0.59 |
| UYSCR | UY Scuti Acquisition Corp | $277K | N/A | N/A | -0.56 |
| JCAP | Jefferson Capital Inc | $950M | Financial Services | Credit Services | -0.54 |
| CLBR | Colombier Acquisition Corp II - Class A | $366M | Financials | Investment Holding Companies | -0.53 |
| KKRT | KKR & Co. Inc | $22B | N/A | N/A | -0.51 |
| BGM | Qilian International Holding Group Ltd - Class A | $7.45M | Healthcare | Drug Manufacturers - Specialty & Generic | -0.51 |
| MRP | Millrose Properties Inc Class A | $4.66B | Real Estate | Reit - Residential | -0.50 |
| JMACU | Maxpro Capital Acquisition Corp - Units (1 Ord Share Class A & 1 War) | $150M | N/A | N/A | -0.50 |
| CTWO | COtwo Advisors Physical European Carbon Allowance Trust | $1.73M | N/A | N/A | -0.50 |
| IPST | IP Strategy Holdings Inc | $2.05M | Financial Services | Capital Markets | -0.47 |
| CASK | Heritage Distilling Holding Co. Inc | $6.60M | Consumer Defensive | Beverages - Wineries & Distilleries | -0.47 |
| DGNX | Diginex Ltd | $31M | Industrials | Consulting Services | -0.47 |
| HONDW | HCM II Acquisition Corp. Warrant | $202M | N/A | N/A | -0.46 |
| IBG | Innovation Beverage Group Ltd | $1.22M | Consumer Defensive | Beverages - Wineries & Distilleries | -0.46 |
| ACTU | Actuate Therapeutics Inc | $50M | Healthcare | Biotechnology | -0.46 |
| FVNNR | Future Vision II Acquisition Corporation Right | $198K | N/A | N/A | -0.45 |
| LOAR | Loar Holdings Inc | $5.82B | Industrials | Aerospace & Defense | -0.45 |
| FTAA | FTAC Athena Acquisition Corp - Class A | $261M | N/A | N/A | -0.45 |
| AHR | American Healthcare REIT Inc | $9.59B | Real Estate | Reit - Healthcare Facilities | -0.44 |
| SUPX | Super X AI Technology Ltd | $299M | Technology | Software - Infrastructure | -0.44 |
| UPB | Upstream Bio Inc | $450M | Healthcare | Biotechnology | -0.44 |
| AAPG | Ascentage Pharma Group International | $1.93B | Healthcare | Biotechnology | -0.43 |