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26 Stocks and 74 ETFs for diversifying CLSE (CONVERGENCE LONG/SHORT EQUITY ETF)

The least correlated asset to CLSE (CONVERGENCE LONG/SHORT EQUITY ETF) is ETF XCOM (Ultra Communication Services Select Sector ETF). The correlation is -1.

Stocks that lowly correlated with CLSE

SymbolName
Market cap
SectorIndustry
Correlation
CPSRGelesis Holdings Inc - Class A$1.87BN/AN/A-0.63
GSRMBitcoin Depot Inc - Class A$54MN/AN/A-0.61
APADEnhanced Group Inc - Class A$161MFinancial ServicesShell Companies-0.56
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.56
VCKAUScilex Holding Company - Units (1 Ord & 1/2 War)$37MN/AN/A-0.55
TRUGTruGolf Holdings Inc - Class A$1.24MConsumer CyclicalLeisure-0.54
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.54
LZMHLZ Technology Holdings Ltd - Class B$9.02MTechnologyInformation Technology Services-0.53
GSHRGesher Acquisition Corp II - Class A$157MFinancial ServicesShell Companies-0.52
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.50
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.50
GLIBKGCI Liberty Inc$877MCommunication ServicesTelecom Services-0.49
FLACFrazier Lifesciences Acquisition Corp - Class A$175MN/AN/A-0.46
NETDUNabors Energy Transition Corp II - Units (1 Ord Class A & 1/2 War)$73MFinancial ServicesShell Companies-0.45
DGNXDiginex Ltd$28MIndustrialsConsulting Services-0.45
PVLAPalvella Therapeutics Inc$2.18BHealthcareBiotechnology-0.44
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.44
PGACPantages Capital Acquisition Corp Cl A Ord Shs$118MFinancial ServicesShell Companies-0.43
GIGGigCapital7 Corp - Class A$353MFinancial ServicesShell Companies-0.42
SLXNSilexion Therapeutics Corp$3.11MHealthcareBiotechnology-0.42
VNMEUVendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War)$52MFinancial ServicesShell Companies-0.41
DBTXDecibel Therapeutics Inc$123MN/AN/A-0.41
SZZLUSizzle Acquisition Corp II - Units (1 Ord Cls A & 1 Rts)$70MFinancial ServicesShell Companies-0.40
FORLFour Leaf Acquisition Corporation Class A Common Stock$47MN/AN/A-0.40
UBXGU-BX Technology Ltd$6.42MCommunication ServicesAdvertising Agencies-0.38
CAPSCapstone Holding Corp$2.58MBasic MaterialsBuilding Materials-0.38

ETFs that lowly correlated with CLSE

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
XCOMUltra Communication Services Select Sector ETF$384KN/AJun 2, 2026-1.00
FIYYGRANITESHARES YIELDBOOST 20Y+ TREASURIES ETF $732K1.07%May 4, 2026-0.88
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.82
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.76
QCMDDirexion Daily QCOM Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.75
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.72
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.72
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.71
RTXGLeverage Shares 2X Long RTX Daily ETF$4.50MN/AJun 5, 2025-0.71
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $19M1.01%Sep 12, 2023-0.68
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.67
NVDQT-REX 2X INVERSE NVIDIA DAILY TARGET ETF $22MN/AOct 18, 2023-0.67
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.67
CSCSDirexion Daily CSCO Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.67
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $61MN/AAug 21, 2023-0.66
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.65
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.65
PANGLEVERAGE SHARES 2X LONG PANW DAILY ETF $8.90MN/AMar 20, 2025-0.64
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.64
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.64
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.63
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.62
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.62
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.62
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.62
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $16M1.03%Feb 11, 2025-0.61
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.61
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.60
SHRTGOTHAM SHORT STRATEGIES ETF $14M1.35%Jul 31, 2017-0.60
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.59
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.58
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.57
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.57
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.56
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.55
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.55
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.54
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.53
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.53
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.52
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.51
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.51
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.51
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.50
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.49
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.49
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.49
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.49
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.48
FPASFPA SHORT DURATION GOVERNMENT ETF $9.90M0.10%Oct 31, 2024-0.48
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $16M1.05%May 1, 2024-0.48
GGLSDirexion Daily GOOGL Bear 1X ETF$13M1.02%Sep 6, 2022-0.47
LDRTISHARES IBONDS 1-5 YEAR TREASURY LADDER ETF $132M0.07%Nov 7, 2024-0.47
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.45
LCDLGRANITESHARES 2X LONG LCID DAILY ETF N/AN/AApr 21, 2025-0.45
LDDRStone Ridge 2035 Term Income ETF$42M0.25%Jan 3, 2025-0.45
SETHProShares Short Ether ETF$23M0.95%Nov 1, 2023-0.44
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.43
USSHWISDOMTREE 1-3 YEAR LADDERED TREASURY FUND $23M0.15%Mar 12, 2024-0.43
XLUISTATE STREET(R) UTILITIES SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $22M0.35%Jul 29, 2025-0.43
BRKUDIREXION DAILY BRKB BULL 2X SHARES $45MN/ADec 10, 2024-0.43
LMTLDirexion Daily LMT Bull 2X ETF$8.40MN/AAug 5, 2025-0.42
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.42
DVUTWEBS Defined Volatility XLU ETF$273K0.89%Jul 22, 2025-0.40
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.40
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.40
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.40
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.39
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.39
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $10M1.02%Sep 6, 2022-0.38
MLDRGLOBAL X INTERMEDIATE-TERM TREASURY LADDER ETF $8.80M0.12%Sep 9, 2024-0.38
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.38
IBTPISHARES IBONDS DEC 2034 TERM TREASURY ETF $277M0.07%Jun 11, 2024-0.38
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.38