5 Stocks and 95 ETFs for diversifying AMZD (DIREXION DAILY AMZN BEAR 1X SHARES)
The least correlated asset to AMZD (DIREXION DAILY AMZN BEAR 1X SHARES) is ETF XCOM (Ultra Communication Services Select Sector ETF). The correlation is -1.
Stocks that lowly correlated with AMZD
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| IPOD | Dune Acquisition Corporation II Class A Ordinary Shares | $150M | Financial Services | Shell Companies | -1.00 |
| NOACU | Natural Order Acquisition Corp - Units (1 Ord & 1 War) | $289M | N/A | N/A | -1.00 |
| AMZN | Amazon.com Inc | $2.74T | Consumer Cyclical | Internet Retail | -0.97 |
| FLAC | Frazier Lifesciences Acquisition Corp - Class A | $175M | N/A | N/A | -0.92 |
| VCKAU | Scilex Holding Company - Units (1 Ord & 1/2 War) | $37M | N/A | N/A | -0.78 |