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29 Stocks and 71 ETFs for diversifying CAF (Morgan Stanley China A Share Fund)

The least correlated asset to CAF (Morgan Stanley China A Share Fund) is ETF YXI (ProShares Short FTSE China 50 -1x Shares). The correlation is -0.7252.

Stocks that lowly correlated with CAF

SymbolName
Market cap
SectorIndustry
Correlation
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.60
ASICAtegrity Specialty Holdings LLC$969MFinancial ServicesInsurance - Property & Casualty-0.47
GSHRGesher Acquisition Corp II - Class A$155MFinancial ServicesShell Companies-0.46
APUSApimeds Pharmaceuticals US Inc$1.82MHealthcareDrug Manufacturers - Specialty & Generic-0.46
LGCBLinkage Global Inc$24MConsumer CyclicalInternet Retail-0.45
SAFXXCF Global Inc$126MUtilitiesUtilities - Renewable-0.45
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.44
UBXGU-BX Technology Ltd$37MTechnologySoftware - Infrastructure-0.44
GSRMBitcoin Depot Inc - Class A$54MN/AN/A-0.43
GPORGulfport Energy Corp (New)$3.08BEnergyOil & Gas E&p-0.40
OMSEOMS Energy Technologies Inc$201MEnergyOil & Gas Equipment & Services-0.40
CBIOCrescent Biopharma Inc$573MHealthcareBiotechnology-0.39
JCICUJack Creek Investment Corp - Units (1 Ord Share Class A & 1/2 War)$432MN/AN/A-0.39
TMDETMD Energy Ltd$18MEnergyOil & Gas Midstream-0.38
JBSJBS N.V. - Class A$14BConsumer DefensivePackaged Foods-0.37
YSXTYsx Tech Co.Ltd - Class A$24MIndustrialsSpecialty Business Services-0.37
SHLTSHL Telemedicine Ltd ADR$39MHealthcareHealth Information Services-0.35
GRNAGreenLight Biosciences Inc$45MN/AN/A-0.35
DTSQDT Cloud Star Acquisition Corp$70MFinancial ServicesShell Companies-0.35
TRUGTruGolf Holdings Inc - Class A$1.24MConsumer CyclicalLeisure-0.35
VACHVoyager Acquisition Corp - Class A$279MFinancial ServicesShell Companies-0.35
GETGetnetAdquirencia e Servicos para Meios de Pagamento S.A. - Instituica$88MN/AN/A-0.34
NTCLNetClass Technology Inc - Class A$8.13MTechnologySoftware - Application-0.33
SLXNSilexion Therapeutics Corp$1.30MHealthcareBiotechnology-0.33
GIGGigCapital7 Corp - Class A$353MFinancial ServicesShell Companies-0.32
GRDNGuardian Pharmacy Services Inc$2.49BHealthcareMedical Care Facilities-0.32
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.31
EQVEQV Ventures Acquisition Corp.$466MFinancial ServicesShell Companies-0.31
DICEDICE Therapeutics Inc$2.25BN/AN/A-0.30

ETFs that lowly correlated with CAF

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
YXIProShares Short FTSE China 50 -1x Shares$4.30M0.95%Mar 16, 2010-0.73
FXPProShares UltraShort FTSE China 50 -2x Shares$5.60MN/ANov 6, 2007-0.71
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.70
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.70
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.67
YANGDIREXION DAILY FTSE CHINA BEAR 3X SHARES $110MN/ADec 3, 2009-0.66
QCMDDirexion Daily QCOM Bear 1X ETF$2M1.00%Jun 24, 2025-0.60
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.59
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.54
PALDDirexion Daily PANW Bear 1X Shares$2.40M1.02%Feb 10, 2025-0.54
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.53
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.52
WZRDOpportunistic Trader ETF$3.90M1.00%Jun 24, 2025-0.52
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.51
NFLWROUNDHILL NFLX WEEKLYPAY ETF $16MN/AJun 17, 2025-0.49
TRSYXtrackers US 0-1 Year Treasury ETF$74M0.06%Oct 8, 2024-0.48
GGOViShares Global Government Bond USD Hedged Active$44M0.39%Jun 25, 2025-0.47
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.46
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.46
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.45
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.44
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.44
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.44
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $4.80MN/AMar 31, 2025-0.44
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.44
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.44
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.44
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.43
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.43
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.43
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.43
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $21M1.03%Feb 11, 2025-0.43
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $14M1.11%Aug 14, 2024-0.43
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.42
TNGYTORTOISE ENERGY ETF $600M0.85%Dec 27, 2010-0.42
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.42
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.41
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.41
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.41
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.20MN/AMay 15, 2024-0.41
ZSLProShares UltraShort Silver -2x Shares$145MN/ADec 1, 2008-0.41
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.40
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.40
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.39
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.39
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.39
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.39
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.38
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.37
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.37
NFXLDIREXION DAILY NFLX BULL 2X SHARES $176MN/AOct 2, 2024-0.37
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.36
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.36
QIDPROSHARES ULTRASHORT QQQ $279MN/AJul 11, 2006-0.36
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.36
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.34
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $9.80M1.05%Jul 23, 2024-0.34
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.34
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.34
FNGDBank of Montreal$68MN/AJan 22, 2018-0.34
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $396M0.51%Dec 18, 2013-0.34
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.33
NFLUT-REX 2X LONG NFLX DAILY TARGET ETF $36MN/ASep 26, 2024-0.33
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.33
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.33
RXDProShares UltraShort Health Care -2x Shares$4.90MN/AJan 30, 2007-0.32
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.32
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $307M0.90%Dec 1, 2020-0.31
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.31
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.30
MSDDGRANITESHARES 2X SHORT MSTR DAILY ETF $1MN/AJun 9, 2025-0.30