13 Stocks and 87 ETFs for diversifying BIS (ProShares UltraShort Nasdaq Biotechnology -2x Shares)
The least correlated asset to BIS (ProShares UltraShort Nasdaq Biotechnology -2x Shares) is ETF BIB (PROSHARES ULTRA NASDAQ BIOTECHNOLOGY). The correlation is -0.9846.
Stocks that lowly correlated with BIS
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| BBOT | BridgeBio Oncology Therapeutics Inc Com | $674M | Healthcare | Biotechnology | -0.80 |
| BMEZ | BlackRock Health Sciences Term Trust | $1.53B | Financial Services | Asset Management | -0.75 |
| WTGUR | Wintergreen Acquisition Corp | $237K | N/A | N/A | -0.73 |
| SION | Sionna Therapeutics Inc | $2B | Healthcare | Biotechnology | -0.73 |
| BON | Bon Natural Life Ltd - Class A | $4.72M | Basic Materials | Specialty Chemicals | -0.69 |
| BACC | Blue Acquisition Corp - Class A | $214M | Financial Services | Shell Companies | -0.68 |
| FLX | BingEx Ltd | $271M | Industrials | Integrated Freight & Logistics | -0.68 |
| MBX | MBX Biosciences Inc | $2.89B | Healthcare | Biotechnology | -0.67 |
| KYMR | Kymera Therapeutics Inc | $9.38B | Healthcare | Biotechnology | -0.66 |
| FVR | FrontView REIT Inc | $463M | Real Estate | Reit - Diversified | -0.66 |
| VYLD | J P Morgan Chase & Co Inverse VIX ShortTerm Futures ETNs due March 22 2045 | $81B | N/A | N/A | -0.65 |
| ADPT | Adaptive Biotechnologies Corp | $3.66B | Healthcare | Diagnostics & Research | -0.64 |
| CICB | CION Investment Corporation 7.50 Notes due 2029 | $1.26B | N/A | N/A | -0.63 |