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17 Stocks and 83 ETFs for diversifying AIRR (FIRST TRUST RBA AMERICAN INDUSTRIAL RENAISSANCE ETF)

The least correlated asset to AIRR (FIRST TRUST RBA AMERICAN INDUSTRIAL RENAISSANCE ETF) is ETF SBB (ProShares Short SmallCap600 -1x Shares). The correlation is -0.8945.

Stocks that lowly correlated with AIRR

SymbolName
Market cap
SectorIndustry
Correlation
TMDETMD Energy Ltd$18MEnergyOil & Gas Midstream-0.65
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.60
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.54
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.53
DGNXDiginex Ltd$31MIndustrialsConsulting Services-0.51
HBNBHotel101 Global Holdings Corp$1.36BReal EstateReal Estate Services-0.43
APUSApimeds Pharmaceuticals US Inc$1.82MHealthcareDrug Manufacturers - Specialty & Generic-0.43
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.42
NETDUNabors Energy Transition Corp II - Units (1 Ord Class A & 1/2 War)$73MFinancial ServicesShell Companies-0.42
PVLAPalvella Therapeutics Inc$1.66BHealthcareBiotechnology-0.42
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.42
PXDTPixie Dust Technologies Inc$8.62MTechnologyConsumer Electronics-0.42
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.41
CRCLCircle Internet Group Inc - Class A$25BFinancial ServicesCapital Markets-0.41
SAFXXCF Global Inc$126MUtilitiesUtilities - Renewable-0.40
EDHLEverbright Digital Holding Ltd$4.80MCommunication ServicesAdvertising Agencies-0.39
BMGLBasel Medical Group Ltd$11MHealthcareMedical Care Facilities-0.39

ETFs that lowly correlated with AIRR

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.89
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.89
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.88
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.88
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.88
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.87
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.84
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.82
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.78
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.78
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.78
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.78
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.77
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.77
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.77
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.77
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.77
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.76
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.76
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.76
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.73
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.73
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.72
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.70
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $9.80M1.05%Jul 23, 2024-0.69
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.69
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.68
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.67
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.67
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.66
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.66
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.65
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.64
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.64
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.63
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.63
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $14M1.11%Aug 14, 2024-0.62
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.61
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $23M0.50%Mar 6, 2024-0.61
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.61
SHRTGOTHAM SHORT STRATEGIES ETF $17M1.35%Jul 31, 2017-0.61
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.60
NFLWROUNDHILL NFLX WEEKLYPAY ETF $16MN/AJun 17, 2025-0.59
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.58
NVDSTradr 1.5X Short NVDA Daily ETF$23MN/AJul 13, 2022-0.58
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.58
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.58
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.58
BRKUDIREXION DAILY BRKB BULL 2X SHARES $58MN/ADec 10, 2024-0.57
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.57
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.57
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.56
WZRDOpportunistic Trader ETF$3.90M1.00%Jun 24, 2025-0.56
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.20MN/AMay 15, 2024-0.56
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.56
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.56
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.56
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $75MN/AAug 21, 2023-0.56
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $4.80MN/AMar 31, 2025-0.53
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $40MN/ANov 6, 2008-0.52
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $23M1.01%Sep 12, 2023-0.52
NVDQT-Rex 2X Inverse NVIDIA Daily Target ETF$36MN/AOct 18, 2023-0.52
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.52
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.51
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.51
SETHProShares Short Ether ETF$16M0.95%Nov 1, 2023-0.50
OILDBank of Montreal$19MN/ANov 8, 2021-0.49
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $21M1.03%Feb 11, 2025-0.48
METDDIREXION DAILY META BEAR 1X SHARES $8.60M1.02%Jun 5, 2024-0.48
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.48
QIDPROSHARES ULTRASHORT QQQ $279MN/AJul 11, 2006-0.48
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $19M1.05%May 1, 2024-0.47
FNGDBank of Montreal$68MN/AJan 22, 2018-0.47
ETHDProShares UltraShort Ether ETF$84MN/AJun 6, 2024-0.46
WTIDBank of Montreal$6.60MN/AFeb 16, 2023-0.45
TNGYTORTOISE ENERGY ETF $600M0.85%Dec 27, 2010-0.45
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$1.10BN/ANov 24, 2008-0.44
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $33MN/AJul 16, 2009-0.44
TSLQTradr 2X Short TSLA Daily ETF$159MN/AJul 13, 2022-0.41
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.41
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $39M1.05%Jul 9, 2024-0.40
TSDDGRANITESHARES 2X SHORT TSLA DAILY ETF $42MN/AAug 21, 2023-0.40
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.40