26 Stocks and 74 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 -0.791.
Stocks that lowly correlated with PTEN
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| ONCHU | 1RT Acquisition Corp - Units (1 Ord Cls A & 1 War) | $39M | Financial Services | Shell Companies | -0.66 |
| LSBK | Lake Shore Bancorp Inc | $134M | Financial Services | Banks - Regional | -0.60 |
| NSRX | Nasus Pharma Ltd | $28M | Healthcare | Drug Manufacturers - General | -0.59 |
| CAI | Caris Life Sciences Inc - Class A | $4.94B | Healthcare | Biotechnology | -0.58 |
| LHAI | Linkhome Holdings Inc | $19M | Real Estate | Real Estate Services | -0.57 |
| FVNNR | Future Vision II Acquisition Corporation Right | $341K | N/A | N/A | -0.56 |
| FGL | Founder Group Ltd | $2.30M | Industrials | Engineering & Construction | -0.54 |
| BACC | Blue Acquisition Corp - Class A | $214M | Financial Services | Shell Companies | -0.54 |
| BBOT | BridgeBio Oncology Therapeutics Inc Com | $674M | Healthcare | Biotechnology | -0.52 |
| ZYBT | Zhengye Biotechnology Holding Ltd | $35M | Healthcare | Drug Manufacturers - Specialty & Generic | -0.52 |
| TWFG | TWFG Inc - Class A | $380M | Financial Services | Insurance Brokers | -0.52 |
| WGRX | Wellgistics Health Inc | $6.79M | Healthcare | Pharmaceutical Retailers | -0.51 |
| BGM | Qilian International Holding Group Ltd - Class A | $7.45M | Healthcare | Drug Manufacturers - Specialty & Generic | -0.51 |
| CLBR | Colombier Acquisition Corp II - Class A | $366M | Financials | Investment Holding Companies | -0.50 |
| JMACU | Maxpro Capital Acquisition Corp - Units (1 Ord Share Class A & 1 War) | $150M | N/A | N/A | -0.50 |
| MENS | Jyong Biotech Ltd | $174M | Healthcare | Biotechnology | -0.49 |
| LOAR | Loar Holdings Inc | $6.61B | Industrials | Aerospace & Defense | -0.49 |
| IBG | Innovation Beverage Group Ltd | $1.60M | Consumer Defensive | Beverages - Wineries & Distilleries | -0.48 |
| MRP | Millrose Properties Inc Class A | $4.77B | Real Estate | Reit - Residential | -0.47 |
| ELPW | Elong Power Holding Ltd | $645K | Industrials | Electrical Equipment & Parts | -0.46 |
| GIBO | GIBO Holdings Ltd | $106M | Communication Services | Internet Content & Information | -0.46 |
| TTAN | ServiceTitan Inc - Class A | $7.44B | Technology | Software - Application | -0.45 |
| FTAA | FTAC Athena Acquisition Corp - Class A | $261M | N/A | N/A | -0.45 |
| PLBL | Polibeli Group Ltd | $2.84B | Consumer Cyclical | Department Stores | -0.45 |
| SI | Shoulder Innovations Inc | $452M | N/A | N/A | -0.44 |
| JCAP | Jefferson Capital Inc | $1.06B | Financial Services | Credit Services | -0.44 |