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27 Stocks and 73 ETFs for diversifying CLSE (CONVERGENCE LONG/SHORT EQUITY ETF)

The least correlated asset to CLSE (CONVERGENCE LONG/SHORT EQUITY ETF) is ETF YQQQ (YIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF). The correlation is -0.8108.

Stocks that lowly correlated with CLSE

SymbolName
Market cap
SectorIndustry
Correlation
GSRMBitcoin Depot Inc - Class A$54MN/AN/A-0.70
CPSRGelesis Holdings Inc - Class A$1.87BN/AN/A-0.66
SDHIRSiddhi Acquisition Corp$1.38MN/AN/A-0.60
TMDETMD Energy Ltd$18MEnergyOil & Gas Midstream-0.57
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.55
VCKAUScilex Holding Company - Units (1 Ord & 1/2 War)$37MN/AN/A-0.55
TRUGTruGolf Holdings Inc - Class A$1.24MConsumer CyclicalLeisure-0.54
LZMHLZ Technology Holdings Ltd - Class B$9.09MTechnologyInformation Technology Services-0.53
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
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.49
NETDUNabors Energy Transition Corp II - Units (1 Ord Class A & 1/2 War)$73MFinancial ServicesShell Companies-0.47
LCCCRLakeshore Acquisition III Corp$500KN/AN/A-0.46
FLACFrazier Lifesciences Acquisition Corp - Class A$175MN/AN/A-0.46
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.45
ZSPCZspace Inc$2.96MTechnologyComputer Hardware-0.45
DGNXDiginex Ltd$31MIndustrialsConsulting Services-0.44
GSHRGesher Acquisition Corp II - Class A$155MFinancial ServicesShell Companies-0.44
GIGGigCapital7 Corp - Class A$353MFinancial ServicesShell Companies-0.42
PVLAPalvella Therapeutics Inc$1.66BHealthcareBiotechnology-0.42
SLXNSilexion Therapeutics Corp$1.30MHealthcareBiotechnology-0.42
SZZLUSizzle Acquisition Corp II - Units (1 Ord Cls A & 1 Rts)$70MFinancial ServicesShell Companies-0.42
DBTXDecibel Therapeutics Inc$123MN/AN/A-0.41
FORLFour Leaf Acquisition Corporation Class A Common Stock$47MN/AN/A-0.41
IPODUDune Acquisition Corp II - Units (1 Ord Cls A & 1 War)$156MFinancial ServicesShell Companies-0.41
UBXGU-BX Technology Ltd$37MTechnologySoftware - Infrastructure-0.39
CRCLCircle Internet Group Inc - Class A$25BFinancial ServicesCapital Markets-0.38

ETFs that lowly correlated with CLSE

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $14M1.11%Aug 14, 2024-0.81
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.20MN/AMay 15, 2024-0.75
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.73
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.73
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $23M0.50%Mar 6, 2024-0.72
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.72
QCMDDirexion Daily QCOM Bear 1X ETF$2M1.00%Jun 24, 2025-0.71
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $23M1.01%Sep 12, 2023-0.69
NVDQT-Rex 2X Inverse NVIDIA Daily Target ETF$36MN/AOct 18, 2023-0.68
RTXGLeverage Shares 2X Long RTX Daily ETF$4MN/AJun 5, 2025-0.68
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $75MN/AAug 21, 2023-0.68
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $9.80M1.05%Jul 23, 2024-0.67
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.67
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.66
CSCSDirexion Daily CSCO Bear 1X ETF$1.80M1.00%Jun 24, 2025-0.65
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.65
WZRDOpportunistic Trader ETF$3.90M1.00%Jun 24, 2025-0.65
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.65
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.64
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.63
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.63
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.62
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.62
NVDSTradr 1.5X Short NVDA Daily ETF$23MN/AJul 13, 2022-0.61
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.60
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $21M1.03%Feb 11, 2025-0.60
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.60
SHRTGOTHAM SHORT STRATEGIES ETF $17M1.35%Jul 31, 2017-0.59
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.58
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.58
AVSDIREXION DAILY AVGO BEAR 1X SHARES $6.90M1.03%Oct 9, 2024-0.57
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.57
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.56
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.56
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.54
FNGDBank of Montreal$68MN/AJan 22, 2018-0.53
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.52
FPASFPA SHORT DURATION GOVERNMENT ETF $6.90M0.10%Oct 31, 2024-0.52
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.52
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.52
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.51
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.51
GGLSDIREXION DAILY GOOGL BEAR 1X SHARES $17M1.02%Sep 6, 2022-0.51
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.51
SETHProShares Short Ether ETF$16M0.95%Nov 1, 2023-0.50
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.50
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.50
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $19M1.05%May 1, 2024-0.49
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.49
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.48
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.48
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.47
PALDDirexion Daily PANW Bear 1X Shares$2.40M1.02%Feb 10, 2025-0.45
ZSLProShares UltraShort Silver -2x Shares$145MN/ADec 1, 2008-0.45
USSHWISDOMTREE 1-3 YEAR LADDERED TREASURY FUND $23M0.15%Mar 12, 2024-0.44
ETHDProShares UltraShort Ether ETF$84MN/AJun 6, 2024-0.44
TNGYTORTOISE ENERGY ETF $600M0.85%Dec 27, 2010-0.43
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.43
BRKUDIREXION DAILY BRKB BULL 2X SHARES $58MN/ADec 10, 2024-0.43
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $17M1.02%Sep 6, 2022-0.43
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.42
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.42
METDDIREXION DAILY META BEAR 1X SHARES $8.60M1.02%Jun 5, 2024-0.41
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.41
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.40
MLDRGLOBAL X INTERMEDIATE-TERM TREASURY LADDER ETF $9.30M0.12%Sep 9, 2024-0.40
IBTPISHARES IBONDS DEC 2034 TERM TREASURY ETF $267M0.07%Jun 11, 2024-0.40
XOMXDirexion Daily XOM Bull 2X Shares$7.90MN/AApr 22, 2025-0.39
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.39
QIDPROSHARES ULTRASHORT QQQ $279MN/AJul 11, 2006-0.39
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.39
GOPUNUSUAL WHALES SUBVERSIVE REPUBLICAN TRADING ETF $75M0.73%Feb 7, 2023-0.39
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.38