Overview Holdings Performance Dividends Similar Etfs Correlations

15 Stocks and 85 ETFs for diversifying ARVR (FIRST TRUST INDXX METAVERSE ETF)

The least correlated asset to ARVR (FIRST TRUST INDXX METAVERSE ETF) is ETF AIBD (DIREXION DAILY AI AND BIG DATA BEAR 2X SHARES). The correlation is -0.9033.

Stocks that lowly correlated with ARVR

Symbol	Name	Market cap	Sector	Industry	Correlation
SOL	Emeren Group Ltd American Depositary Shares, each representing 10 shares	$100M	Technology	Solar	-0.63
WSBK	Winchester Bancorp Inc	$119M	Financial Services	Banks - Regional	-0.56
GSRM	Bitcoin Depot Inc - Class A	$54M	N/A	N/A	-0.53
RIBBU	Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)	$56M	Financial Services	Shell Companies	-0.48
FLAC	Frazier Lifesciences Acquisition Corp - Class A	$175M	N/A	N/A	-0.48
AMRZ	Amrize Ltd	$29B	Basic Materials	Building Materials	-0.47
RNERU	Mount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt)	$125M	N/A	N/A	-0.45
TMDE	TMD Energy Ltd	$18M	Energy	Oil & Gas Midstream	-0.44
VCXA	10X Capital Venture Acquisition Corp II - Class A	$86M	N/A	N/A	-0.43
AKUS	Akouos Inc	$490M	N/A	N/A	-0.43
VCKAU	Scilex Holding Company - Units (1 Ord & 1/2 War)	$37M	N/A	N/A	-0.42
JBS	JBS N.V. - Class A	$14B	Consumer Defensive	Packaged Foods	-0.42
EMA	Emera Incorporated	$16B	Utilities	Utilities - Regulated Electric	-0.41
UBXG	U-BX Technology Ltd	$37M	Technology	Software - Infrastructure	-0.40
ASIC	Ategrity Specialty Holdings LLC	$969M	Financial Services	Insurance - Property & Casualty	-0.40

ETFs that lowly correlated with ARVR

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
AIBD	DIREXION DAILY AI AND BIG DATA BEAR 2X SHARES	$4.20M	N/A	May 15, 2024	-0.90
PSQ	ProShares Short QQQ -1x Shares	$519M	0.95%	Jun 19, 2006	-0.87
SH	ProShares Short S&P500 -1x Shares	$1.20B	0.89%	Jun 19, 2006	-0.86
SPDN	DIREXION DAILY S&P 500 (R) BEAR 1X SHARES	$220M	0.48%	Jun 8, 2016	-0.86
SDS	ProShares UltraShort S&P500 -2x Shares	$443M	N/A	Jul 11, 2006	-0.86
YQQQ	YIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF	$14M	1.11%	Aug 14, 2024	-0.85
HIBS	Direxion Daily S&P 500 High Beta Bear 3X Shares	$19M	N/A	Nov 7, 2019	-0.81
QQQD	DIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES	$23M	0.50%	Mar 6, 2024	-0.78
QBER	TRUESHARES QUARTERLY BEAR HEDGE ETF	$62M	0.79%	Jun 28, 2024	-0.77
PALD	Direxion Daily PANW Bear 1X Shares	$2.40M	1.02%	Feb 10, 2025	-0.75
RWM	PROSHARES SHORT RUSSELL2000	$143M	0.95%	Jan 23, 2007	-0.74
UVIX	2x Long VIX Futures ETF	$499M	N/A	Mar 28, 2022	-0.74
DXD	PROSHARES ULTRASHORT DOW30	$51M	N/A	Jul 11, 2006	-0.73
TWM	ProShares UltraShort Russell2000 -2x Shares	$47M	N/A	Jan 23, 2007	-0.73
QCMD	Direxion Daily QCOM Bear 1X ETF	$2M	1.00%	Jun 24, 2025	-0.73
IONZ	Defiance Daily Target 2x Short IONQ ETF	$22M	N/A	Jun 23, 2025	-0.73
EEV	ProShares UltraShort MSCI Emerging Markets -2x Shares	$6.10M	N/A	Oct 30, 2007	-0.72
DOG	PROSHARES SHORT DOW30	$111M	0.95%	Jun 19, 2006	-0.72
WEBS	DIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES	$10M	N/A	Nov 7, 2019	-0.72
EUM	ProShares Short MSCI Emerging Markets -1x Shares	$8.80M	0.95%	Oct 30, 2007	-0.72
MYY	PROSHARES SHORT MIDCAP400	$2.70M	0.95%	Jun 19, 2006	-0.71
MZZ	PROSHARES ULTRASHORT MIDCAP400	$734K	N/A	Jul 11, 2006	-0.71
SBB	ProShares Short SmallCap600 -1x Shares	$4.10M	0.95%	Jan 23, 2007	-0.70
REW	ProShares UltraShort Technology -2x Shares	$3.70M	N/A	Jan 30, 2007	-0.70
AMDD	T-REX 2X INVERSE AMD DAILY TARGET ETF	$21M	1.03%	Feb 11, 2025	-0.70
SJB	PROSHARES SHORT HIGH YIELD	$103M	0.95%	Mar 21, 2011	-0.69
EFZ	ProShares Short MSCI EAFE -1X Shares	$16M	0.95%	Oct 23, 2007	-0.69
EFU	ProShares UltraShort MSCI EAFE -2x Shares	$932K	N/A	Oct 23, 2007	-0.69
SCC	ProShares UltraShort Consumer Discretionary	$6.20M	N/A	Jan 30, 2007	-0.68
NVDS	Tradr 1.5X Short NVDA Daily ETF	$23M	N/A	Jul 13, 2022	-0.68
EDZ	DIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES	$37M	N/A	Dec 17, 2008	-0.68
SEF	ProShares Short Financials -1x Shares	$18M	0.95%	Jun 10, 2008	-0.67
HDGE	ADVISORSHARES RANGER EQUITY BEAR ETF	$66M	3.62%	Jan 26, 2011	-0.67
DIPS	YIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF	$9.80M	1.05%	Jul 23, 2024	-0.66
SARK	TRADR 1X SHORT INNOVATION DAILY ETF	$68M	0.92%	Nov 5, 2021	-0.66
DWSH	ADVISORSHARES DORSEY WRIGHT SHORT ETF	$9M	6.22%	Jul 10, 2018	-0.66
SDD	PROSHARES ULTRASHORT SMALLCAP600	$1.60M	N/A	Jan 23, 2007	-0.66
SIJ	ProShares UltraShort Industrials -2x Shares	$6.20M	N/A	Jan 30, 2007	-0.66
VIXM	ProShares VIX Mid-Term Futures ETF	$56M	0.92%	Jan 3, 2011	-0.65
EWV	ProShares UltraShort MSCI Japan -2x Shares	$7.20M	N/A	Nov 6, 2007	-0.65
EPV	ProShares UltraShort FTSE Europe -2X Shares	$14M	N/A	Jun 16, 2009	-0.65
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	$37M	0.89%	Jan 17, 2018	-0.65
SDOW	ProShares UltraPro Short Dow30 -3x Shares	$180M	N/A	Feb 9, 2010	-0.65
TSMZ	DIREXION DAILY TSM BEAR 1X SHARES	$2.70M	1.01%	Oct 2, 2024	-0.65
QID	PROSHARES ULTRASHORT QQQ	$279M	N/A	Jul 11, 2006	-0.64
SKF	ProShares UltraShort Financials -2x Shares	$16M	N/A	May 23, 2007	-0.64
TNGY	TORTOISE ENERGY ETF	$600M	0.85%	Dec 27, 2010	-0.64
MSFD	DIREXION DAILY MSFT BEAR 1X SHARES	$42M	1.02%	Sep 6, 2022	-0.63
SMCZ	DEFIANCE DAILY TARGET 2X SHORT SMCI ETF	$4.80M	N/A	Mar 31, 2025	-0.63
AVS	DIREXION DAILY AVGO BEAR 1X SHARES	$6.90M	1.03%	Oct 9, 2024	-0.62
REK	PROSHARES SHORT REAL ESTATE	$12M	0.95%	Mar 16, 2010	-0.61
FNGD	Bank of Montreal	$68M	N/A	Jan 22, 2018	-0.60
WNTR	YieldMax Short MSTR Option Income Strategy ETF	$72M	1.00%	Mar 26, 2025	-0.59
SRS	ProShares UltraShort Real Estate -2x Shares	$17M	N/A	Jan 30, 2007	-0.58
AAPD	DIREXION DAILY AAPL BEAR 1X SHARES	$16M	0.96%	Aug 8, 2022	-0.56
ETHD	ProShares UltraShort Ether ETF	$84M	N/A	Jun 6, 2024	-0.56
FIAT	YIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF	$39M	1.05%	Jul 9, 2024	-0.55
NVD	GRANITESHARES 2X SHORT NVDA DAILY ETF	$75M	N/A	Aug 21, 2023	-0.55
NVDQ	T-Rex 2X Inverse NVIDIA Daily Target ETF	$36M	N/A	Oct 18, 2023	-0.55
MUD	Direxion Daily MU Bear 1X Shares	$27M	1.02%	Oct 9, 2024	-0.55
SMN	ProShares UltraShort Materials	$3.10M	N/A	Jan 30, 2007	-0.54
SETH	ProShares Short Ether ETF	$16M	0.95%	Nov 1, 2023	-0.54
NVDD	DIREXION DAILY NVDA BEAR 1X SHARES	$23M	1.01%	Sep 12, 2023	-0.54
CONI	GRANITESHARES 2X SHORT COIN DAILY ETF	$17M	N/A	Sep 4, 2024	-0.54
METD	DIREXION DAILY META BEAR 1X SHARES	$8.60M	1.02%	Jun 5, 2024	-0.54
TAIL	CAMBRIA TAIL RISK ETF	$157M	0.59%	Apr 5, 2017	-0.53
XOMX	Direxion Daily XOM Bull 2X Shares	$7.90M	N/A	Apr 22, 2025	-0.53
SHRT	GOTHAM SHORT STRATEGIES ETF	$17M	1.35%	Jul 31, 2017	-0.52
EMTY	ProShares Decline of the Retail Store ETF -1x Shares	$2.90M	0.65%	Nov 14, 2017	-0.52
AMZD	DIREXION DAILY AMZN BEAR 1X SHARES	$17M	1.02%	Sep 6, 2022	-0.51
MSDD	GRANITESHARES 2X SHORT MSTR DAILY ETF	$1M	N/A	Jun 9, 2025	-0.51
RTXG	Leverage Shares 2X Long RTX Daily ETF	$4M	N/A	Jun 5, 2025	-0.51
BTCZ	T-REX 2X INVERSE BITCOIN DAILY TARGET ETF	$26M	N/A	Jul 9, 2024	-0.51
BNKD	Bank of Montreal	$1.40M	N/A	Feb 20, 2025	-0.51
WZRD	Opportunistic Trader ETF	$3.90M	1.00%	Jun 24, 2025	-0.50
BITI	ProShares Short Bitcoin ETF	$187M	1.01%	Jun 21, 2022	-0.50
SBIT	ProShares UltraShort Bitcoin ETF	$183M	N/A	Apr 1, 2024	-0.49
SMDD	ProShares UltraPro Short MidCap400 -3x Shares	$1.90M	N/A	Feb 9, 2010	-0.46
CRSH	YIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF	$19M	1.05%	May 1, 2024	-0.45
SPXU	ProShares UltraPro Short S&P 500	$562M	N/A	Jun 23, 2009	-0.44
LABD	DIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&AMP;P BIOTECH BEAR 3X SHARES	$69M	N/A	May 28, 2015	-0.44
ZSL	ProShares UltraShort Silver -2x Shares	$145M	N/A	Dec 1, 2008	-0.42
RFIX	Simplify Downside Interest Rate Hedge Strategy ETF	$56M	0.50%	Dec 9, 2024	-0.42
DRV	DIREXION DAILY REAL ESTATE BEAR 3X SHARES	$33M	N/A	Jul 16, 2009	-0.41
USDU	WISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND	$396M	0.51%	Dec 18, 2013	-0.41