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62 Stocks and 38 ETFs for diversifying ASCE (ALLSPRING SMID CORE ETF)

The least correlated asset to ASCE (ALLSPRING SMID CORE ETF) is ETF NTRL (First Trust Equity Market Neutral ETF). The correlation is -1.

Stocks that lowly correlated with ASCE

SymbolName
Market cap
SectorIndustry
Correlation
HMSTHomeStreet Inc$262MN/AN/A-1.00
BLDEBlade Air Mobility Inc - Class A$385MN/AN/A-1.00
DALNDallasNews Corporation - Class A$88MN/AN/A-1.00
THTXTheratechnologies Inc$167MHealthcareBiotechnology-1.00
OLOOlo Inc - Class A$1.87BTechnologySoftware - Application-1.00
SPTNSpartanNash Company$922MConsumer DefensiveFood Distribution-0.98
BASECouchbase Inc$1.34BTechnologySoftware - Infrastructure-0.98
HLVXHilleVax Inc$105MHealthcareBiotechnology-0.91
OCFTOneconnect Financial Technology Co Ltd$309MTechnologySoftware - Application-0.88
AACIWArmada Acquisition Corp I - Warrants (13/08/2026)$20MN/AN/A-0.86
SKXSkechers U S A Inc - Class A$9.55BConsumer CyclicalFootwear & Accessories-0.82
CVRXCVRx Inc$139MHealthcareMedical Devices-0.77
EQTEQT Corp$31BEnergyOil & Gas E&p-0.77
NEUENeueHealth, Inc.$61MHealthcareHealthcare Plans-0.75
IROHRCN Healthy Food Tech Group Corp$35MN/AN/A-0.75
ATXSAstria Therapeutics Inc$710MHealthcareBiotechnology-0.75
VOCVOC Energy Trust$53MEnergyOil & Gas E&p-0.72
KOREKore Group Holdings Inc$163MCommunication ServicesTelecom Services-0.71
EICBEagle Point Income Company Inc. 7.75% Series B Term Preferred Stock Due 2028$626MFinancial ServicesAsset Management-0.71
PBFPBF Energy Inc - Class A$6.89BEnergyOil & Gas Refining & Marketing-0.70
CACICaci International Inc$10BTechnologyInformation Technology Services-0.70
HIHillenbrand, Inc.$2.26BIndustrialsSpecialty Industrial Machinery-0.70
ASNSActelis Networks Inc$2.02MTechnologyCommunication Equipment-0.70
PMVPPMV Pharmaceuticals Inc$75MHealthcareBiotechnology-0.69
ARLPAlliance Resource Partners LP$3.16BEnergyThermal Coal-0.69
NERVMinerva Neurosciences Inc$189MHealthcareBiotechnology-0.69
CAPSCapstone Holding Corp$2.58MBasic MaterialsBuilding Materials-0.68
EPIXEssa Pharma Inc$8.93MHealthcareBiotechnology-0.68
MSAIMultiSensor AI Holdings Inc$11MTechnologyElectronic Components-0.68
MTALMAC Copper Ltd$314MFinancial ServicesShell Companies-0.67
ACXPAcurx Pharmaceuticals Inc$5.93MHealthcareBiotechnology-0.67
BOSCB.O.S. Better Online Solutions$30MTechnologyCommunication Equipment-0.67
SZZLUSizzle Acquisition Corp II - Units (1 Ord Cls A & 1 Rts)$70MFinancial ServicesShell Companies-0.66
KLTOWKlotho Neurosciences Inc Wt Exp$10MHealthcareBiotechnology-0.66
COKECoca-Cola Consolidated Inc$13BConsumer DefensiveBeverages - Non-alcoholic-0.66
ACLXArcellx Inc$6.67BHealthcareBiotechnology-0.66
XCHXCHG Ltd$1.46BIndustrialsSpecialty Industrial Machinery-0.66
ORICORIC Pharmaceuticals Inc$1.15BHealthcareBiotechnology-0.66
QSIAWQuantum-Si Incorporated - Warrants (10/06/2026)$1.85BN/AN/A-0.65
EXCExelon Corp$47BUtilitiesUtilities - Regulated Electric-0.64
BATLBattalion Oil Corp (New)$33MEnergyOil & Gas E&p-0.64
SOHOSotherly Hotels Inc$46MReal EstateReit - Hotel & Motel-0.64
RCKTRocket Pharmaceuticals Inc$398MHealthcareBiotechnology-0.64
SRSpire Inc$4.74BUtilitiesUtilities - Regulated Gas-0.64
HYACHaymaker Acquisition Corp. 4$330MFinancial ServicesShell Companies-0.64
TPETTrio Petroleum Corp$13MEnergyOil & Gas E&p-0.63
IOVAIovance Biotherapeutics Inc$2.08BHealthcareBiotechnology-0.63
TNMGTNL Mediagene$1MCommunication ServicesPublishing-0.63
SHELShell Plc ADR (Representing - )$241BEnergyOil & Gas Integrated-0.62
KRKroger Company$35BConsumer DefensiveGrocery Stores-0.62
LPAAULaunch One Acquisition Corp - Units (1 Ord Class A & 1/2 War)$251MFinancial ServicesShell Companies-0.61
HUSAHouston American Energy Corp$95MEnergyOil & Gas E&p-0.61
LXULSB Industries Inc$791MBasic MaterialsChemicals-0.61
EQVEQV Ventures Acquisition Corp.$466MFinancial ServicesShell Companies-0.60
NWNNorthwest Natural Holding Company$2.12BUtilitiesUtilities - Regulated Gas-0.60
AMPYAmplify Energy Corp$165MEnergyOil & Gas E&p-0.60
PRTPermRock Royalty Trust$28MEnergyOil & Gas E&p-0.60
VNMEUVendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War)$52MFinancial ServicesShell Companies-0.60
CMBMCambium Networks Corp$12MTechnologyCommunication Equipment-0.60
CDTXCidara Therapeutics Inc$6.49BHealthcareBiotechnology-0.60
EONRHNR Acquisition Corp$21MEnergyOil & Gas E&p-0.59
MOBXMobix Labs Inc - Class A$20MTechnologySemiconductors-0.59

ETFs that lowly correlated with ASCE

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
NTRLFirst Trust Equity Market Neutral ETF$19M0.95%Feb 4, 2020-1.00
XCOMUltra Communication Services Select Sector ETF$384KN/AJun 2, 2026-1.00
ONGLeverage Shares 2X Long ON Daily ETF$1.90MN/AJun 1, 2026-1.00
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.88
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.83
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.80
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.79
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.78
CLIMCLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF $1.30M0.90%Mar 11, 2026-0.78
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.76
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.75
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.74
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.74
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.72
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.72
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.71
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.68
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.67
RCGRENN Fund Inc$22MN/AN/A-0.66
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.66
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.65
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.64
TYGTortoise Energy Infrastructure Corp$988MN/AN/A-0.64
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.64
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.64
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.64
CRAKVANECK OIL REFINERS ETF $146M0.61%Aug 18, 2015-0.63
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.63
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.63
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.63
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.62
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.62
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.61
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.61
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.60
UUPInvesco DB US Dollar Index Bullish Fund$436M0.75%Feb 20, 2007-0.60
YCSProShares UltraShort Yen -2x Shares$31MN/ANov 24, 2008-0.60
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.60