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30 Stocks and 70 ETFs for diversifying BME (BlackRock Health Sciences Trust)

The least correlated asset to BME (BlackRock Health Sciences Trust) is ETF RXD (ProShares UltraShort Health Care -2x Shares). The correlation is -0.8614.

Stocks that lowly correlated with BME

SymbolName
Market cap
SectorIndustry
Correlation
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.76
STRZStarz Entertainment Corp$380MCommunication ServicesEntertainment-0.71
CRCLCircle Internet Group Inc - Class A$25BFinancial ServicesCapital Markets-0.68
EPWKEPWK Holdings Ltd - Class A$9.78KTechnologySoftware - Application-0.67
FMFCKandal M Venture Ltd - Class A$6.81MConsumer CyclicalFootwear & Accessories-0.61
ZYBTZhengye Biotechnology Holding Ltd$41MHealthcareDrug Manufacturers - Specialty & Generic-0.57
MNTNMNTN Inc - Class A$653MTechnologySoftware - Application-0.56
EHGOEshallgo Inc - Class A$2.55MIndustrialsBusiness Equipment & Supplies-0.55
SAFXXCF Global Inc$126MUtilitiesUtilities - Renewable-0.54
VNTGVantage Corp - Class A$19MIndustrialsMarine Shipping-0.54
MCGAUYorkville Acquisition Corp - Units (1 Ord Cls A & 1/3 War)$52MFinancial ServicesShell Companies-0.53
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.52
WETOWebus International Ltd$11MTechnologySoftware - Infrastructure-0.52
NTBLNotable Labs Inc Ord$2.39MHealthcareBiotechnology-0.48
HNGEHinge Health Inc - Class A$4.21BHealthcareHealth Information Services-0.47
IBACIB Acquisition Corp$46MFinancial ServicesShell Companies-0.47
DEFTDefi Technologies Inc$193MFinancial ServicesCapital Markets-0.45
BOWNBowen Acquisition Corp$21MFinancial ServicesShell Companies-0.45
CHAChagee Holdings Ltd$1.65BConsumer CyclicalRestaurants-0.44
OMDAOmada Health Inc$975MHealthcareHealth Information Services-0.43
RECTRectitude Holdings Ltd$19MConsumer CyclicalSpecialty Retail-0.43
PROPPrairie Operating Co. Common Stock$81MEnergyOil & Gas E&p-0.43
ETOREtoro Group Ltd - Class A$3.64BFinancial ServicesCapital Markets-0.43
MOBXMobix Labs Inc - Class A$20MTechnologySemiconductors-0.43
YSXTYsx Tech Co.Ltd - Class A$24MIndustrialsSpecialty Business Services-0.43
WXMWF International Ltd$3.63MIndustrialsIndustrial Distribution-0.43
BMGLBasel Medical Group Ltd$11MHealthcareMedical Care Facilities-0.42
XRPNArmada Acquisition Corp II - Class A$328MFinancial ServicesShell Companies-0.42
BOWNUBowen Acquisition Corp - Units (1 Ordinary share & 1 Right)$30MFinancial ServicesShell Companies-0.42
NCLNorthann Corp$8.87MConsumer CyclicalFurnishings, Fixtures & Appliances-0.42

ETFs that lowly correlated with BME

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
RXDProShares UltraShort Health Care -2x Shares$4.90MN/AJan 30, 2007-0.86
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.79
NFLWROUNDHILL NFLX WEEKLYPAY ETF $16MN/AJun 17, 2025-0.76
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.73
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.72
MSIIREX MSTR GROWTH & INCOME ETF $4.40MN/AJun 3, 2025-0.71
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.71
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.71
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.70
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.70
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.67
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.66
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.66
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.66
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.66
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.66
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.66
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.65
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.65
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.65
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.65
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.65
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.64
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.63
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.62
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.62
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.62
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.62
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.61
MSTPGRANITESHARES 2X LONG MSTR DAILY ETF $11MN/AJun 9, 2025-0.61
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.61
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.61
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.61
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.60
IMSTBITWISE MSTR OPTION INCOME STRATEGY ETF $18M0.96%Apr 1, 2025-0.59
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.58
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.57
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.57
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.57
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.56
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.55
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.53
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.53
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.52
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.52
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.52
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.52
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.51
XBTYGRANITESHARES YIELDBOOST BITCOIN ETF $18M1.15%May 12, 2025-0.50
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.50
NFLUT-REX 2X LONG NFLX DAILY TARGET ETF $36MN/ASep 26, 2024-0.50
MSTUT-REX 2X LONG MSTR DAILY TARGET ETF $616MN/ASep 17, 2024-0.49
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.49
NFXLDIREXION DAILY NFLX BULL 2X SHARES $176MN/AOct 2, 2024-0.49
MSTXDefiance Daily Target 2x Long MSTR ETF$388MN/AAug 14, 2024-0.49
MSTYYIELDMAX(R) MSTR OPTION INCOME STRATEGY ETF $1.20B1.03%Feb 21, 2024-0.48
GGOViShares Global Government Bond USD Hedged Active$44M0.39%Jun 25, 2025-0.47
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $33MN/AJul 16, 2009-0.47
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.46
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.44
BTCCGRAYSCALE BITCOIN COVERED CALL ETF $17M0.65%Apr 1, 2025-0.44
QIDPROSHARES ULTRASHORT QQQ $279MN/AJul 11, 2006-0.44
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.43
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.43
BTCGrayscale Bitcoin Mini Trust ETF$4B0.15%Jul 31, 2024-0.43
CBOJCalamos Bitcoin Structured Alt Protection ETF January$21M0.69%Jan 22, 2025-0.43
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.42
XYZGLEVERAGE SHARES 2X LONG XYZ DAILY ETF $3.60MN/AApr 3, 2025-0.42
WTIDBank of Montreal$6.60MN/AFeb 16, 2023-0.42
YBTCROUNDHILL BITCOIN COVERED CALL STRATEGY ETF $158M0.95%Jan 17, 2024-0.42