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33 Stocks and 67 ETFs for diversifying TriNet Group (TNET)

The least correlated asset to TriNet Group (TNET) is ETF PALD (Direxion Daily PANW Bear 1X Shares). The correlation is -0.704.

Stocks that lowly correlated with TNET

SymbolName
Market cap
SectorIndustry
Correlation
ALMAlma Metals Limited$3.90BBasic MaterialsOther Industrial Metals & Mining-0.53
FRBNForbion European Acquisition Corp - Class A$343MFinancial ServicesShell Companies-0.52
STBXStarbox Group Holdings Ltd$1.14MCommunication ServicesInternet Content & Information-0.49
APADUA Paradise Acquisition Corp Unit$67MFinancial ServicesShell Companies-0.49
BEPCBrookfield Renewable Corporation (Exchangeable Shares) - Class A$6.37BUtilitiesUtilities - Renewable-0.48
TMUSLTMobile US Inc 6.250 Senior Notes due 2069$27BN/AN/A-0.46
SGNSigning Day Sports Inc$1.33MTechnologySoftware - Application-0.44
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$18MFinancial ServicesShell Companies-0.43
ZBAOZhibao Technology Inc$9.18MFinancial ServicesInsurance Brokers-0.42
WSBKWinchester Bancorp Inc$121MFinancial ServicesBanks - Regional-0.42
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.41
SLGCSomaLogic Inc - Class A$393MHealthcareHealth Information Services-0.41
BUUUBUUU Group Ltd - Class A$293MIndustrialsSpecialty Business Services-0.41
EQVEQV Ventures Acquisition Corp.$466MFinancial ServicesShell Companies-0.41
HYAC-UHaymaker Acquisition Corp 4 - Units (1 Ord Class A & 1/2 War)$65MN/AN/A-0.41
AFJKRAimei Health Technology Co Ltd$236KN/AN/A-0.41
INLFINLIF Ltd$227KIndustrialsSpecialty Industrial Machinery-0.40
RNERUMount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt)$125MN/AN/A-0.40
SUGPSU Group Holdings Ltd - Class A$5.51MIndustrialsSecurity & Protection Services-0.40
NETDNabors Energy Transition Corp II - Class A$73MFinancial ServicesShell Companies-0.40
NEE-P-SNextEra Energy Inc 7.299 Corporate Units$113BN/AN/A-0.39
GSRMBitcoin Depot Inc - Class A$54MN/AN/A-0.39
OFSSOOFS Capital Corp$341MN/AN/A-0.39
NEE-P-TNextEra Energy Inc 7.234 Corporate Units$106BN/AN/A-0.39
APUSApimeds Pharmaceuticals US Inc$8.51MHealthcareDrug Manufacturers - Specialty & Generic-0.38
APADEnhanced Group Inc - Class A$161MFinancial ServicesShell Companies-0.38
INACUIndigo Acquisition Corp - Units (1 Ord Shs & 1 Rts)$34MFinancial ServicesShell Companies-0.38
PSIGPS International Group Ltd$21MIndustrialsIntegrated Freight & Logistics-0.37
STRCMicrostrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock$29BTechnologySoftware - Application-0.37
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.37
RCTRedCloud Holdings PLC$14MTechnologySoftware - Application-0.37
WYTCWytec International Inc$14MCommunications EquipmentInformation Technology-0.37
SOBOSouth Bow Corp$7.82BEnergyOil & Gas Midstream-0.37

ETFs that lowly correlated with TNET

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
PALDDirexion Daily PANW Bear 1X Shares$1.80M1.02%Feb 10, 2025-0.70
XOMXDirexion Daily XOM Bull 2X Shares$7.80MN/AApr 22, 2025-0.66
WZRDOpportunistic Trader ETF$976K1.00%Jun 24, 2025-0.62
GXPEGLOBAL X PURECAP MSCI ENERGY ETF $1.20M0.15%Jul 22, 2025-0.61
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.58
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.55
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.53
RIFRRUSSELL INVESTMENTS GLOBAL INFRASTRUCTURE ETF $43M0.59%May 13, 2025-0.53
XLEISTATE STREET(R) ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF$40M0.35%Jul 29, 2025-0.53
BILTiShares Infrastructure Active ETF$32M0.60%Jul 29, 2025-0.51
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.51
BESFBASTION ENERGY ETF $33M0.80%Jun 3, 2025-0.50
DVUTWEBS Defined Volatility XLU ETF$273K0.89%Jul 22, 2025-0.50
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.49
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.49
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.48
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.48
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.48
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.48
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.48
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.48
USNGAMPLIFY SAMSUNG U.S. NATURAL GAS INFRASTRUCTURE ETF $7.40M0.59%May 19, 2025-0.48
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.48
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.48
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.47
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.47
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.46
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.46
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.46
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.46
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.45
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.45
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.44
EIPIFT ENERGY INCOME PARTNERS ENHANCED INCOME ETF $1B1.11%Sep 27, 2011-0.43
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.43
RSBYRETURN STACKED(R) BONDS & FUTURES YIELD ETF $64M1.01%Aug 20, 2024-0.43
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.42
GSKHGSK PLC ADRHEDGED $737K0.19%Jan 6, 2025-0.41
USOYDEFIANCE OIL ENHANCED OPTIONS INCOME ETF $56M1.12%May 9, 2024-0.41
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.41
HARDSIMPLIFY COMMODITIES STRATEGY NO K-1 ETF $82M0.78%Mar 27, 2023-0.41
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.41
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.41
GLDNNICHOLAS GOLD INCOME ETF $2.50M1.07%Feb 17, 2026-0.40
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.40
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.40
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.40
KEATKEATING ACTIVE ETF $111M0.85%Mar 26, 2024-0.40
TURFT. ROWE PRICE NATURAL RESOURCES ETF $157M0.44%Jun 11, 2025-0.40
LFDRStone Ridge Durable Income ETF$860K0.25%Jan 9, 2024-0.39
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.39
LFBEStone Ridge 2065 Longevity Income ETF$3.20M0.25%Jan 3, 2025-0.39
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.38
RNWZTRUESHARES EAGLE GLOBAL RENEWABLE ENERGY INCOME ETF $6M0.75%Dec 7, 2022-0.38
TLTINEOS ENHANCED INCOME 20+ YEAR TREASURY BOND ETF $16M0.58%Dec 10, 2024-0.38
PIPEInvesco SteelPath MLP & Energy Infrastructure ETF$65M0.75%Feb 18, 2025-0.37
CLIMCLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF $1.30M0.90%Mar 11, 2026-0.37
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.37
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.37
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.37
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.36
XLUISTATE STREET(R) UTILITIES SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $22M0.35%Jul 29, 2025-0.36
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.36
HFMFUNLIMITED HFMF MANAGED FUTURES ETF $22M0.97%Jul 14, 2025-0.36
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.36
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.36
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.36