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OverviewHoldingsPerformanceDividendsSimilar EtfsCorrelations
High CorrelationLow Correlation

45 Stocks and 55 ETFs for diversifying DIVL (MADISON DIVIDEND VALUE ETF)

The least correlated asset to DIVL (MADISON DIVIDEND VALUE ETF) is ETF JHDG (WISDOMTREE JAPAN HEDGED QUALITY DIVIDEND GROWTH FUND NA). The correlation is -1.

Stocks that lowly correlated with DIVL

SymbolName
Market cap
SectorIndustry
Correlation
UTAAUUTA Acquisition Corp - Units (1 Ord Class A & 1/2 War)$61MN/AN/A-1.00
SURFSurface Oncology Inc$65MN/AN/A-1.00
SLVRUSilverSPAC Inc - Units (1 Ord Share Class A & 1/4 War)$328MN/AN/A-1.00
CNFRLConifer Holdings Inc$303MN/AN/A-1.00
FRBNUForbion European Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$316MN/AN/A-0.98
BRLIBrilliant Acquisition Corp$5.92MN/AN/A-0.87
APRNBlue Apron Holdings Inc - Class A$100MN/AN/A-0.86
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.83
BRLIUBrilliant Acquisition Corp - Unit (1 Ordinary share 1 War and 1 Rts)$6.42MN/AN/A-0.74
APGBApollo Strategic Growth Capital II - Class A$372MN/AN/A-0.70
ARTEUArtemis Strategic Investment Corp - Units (1 Ord Share Class A & 1/2 War)$263MN/AN/A-0.60
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.60
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.56
APUSApimeds Pharmaceuticals US Inc$1.82MHealthcareDrug Manufacturers - Specialty & Generic-0.55
MCACUConnectM Technology Solutions Inc - Units (1 Ord Class A 1 War & 1 Right)$70MFinancial ServicesShell Companies-0.54
AILEiLearningEngines Holdings Inc - Class A$59MTechnologySoftware - Infrastructure-0.54
FIGXUFIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$35MFinancial ServicesShell Companies-0.52
WWACUAeries Technology Inc - Units (1 Ord Class A & 1/2 War)$41MN/AN/A-0.52
HCHLHappy City Holdings Ltd - Class A$59MConsumer CyclicalRestaurants-0.52
HPLTUHome Plate Acquisition Corp - Units (1 Ord Class A & 1/2 War)$79MN/AN/A-0.50
CVIIChurchill Capital Corp VII - Class A$570MFinancial ServicesShell Companies-0.49
TWNPTwin Hospitality Group Inc. Class A Common Stock$4.08MConsumer CyclicalRestaurants-0.47
OMDAOmada Health Inc$975MHealthcareHealth Information Services-0.46
PLMKUPlum Acquisition Corp IV - Units (1 Ord cls A & 1/2 Warr)$54MFinancial ServicesShell Companies-0.46
AIIAmerican Integrity Insurance Group Inc$328MFinancial ServicesInsurance - Property & Casualty-0.45
YHGJYunhong Green CTI Ltd$8.93MConsumer CyclicalPackaging & Containers-0.45
ATPCAgape ATP Corp$2.85MConsumer DefensivePackaged Foods-0.45
BMGLBasel Medical Group Ltd$11MHealthcareMedical Care Facilities-0.45
STRZStarz Entertainment Corp$380MCommunication ServicesEntertainment-0.45
GATEVISTASHARES TARGET 15 GATE ENDOWMENT DISTRIBUTION ETF $425MFinancial ServicesShell Companies-0.44
TMDETMD Energy Ltd$18MEnergyOil & Gas Midstream-0.44
LGPSLogProstyle Inc$16MIndustrialsConglomerates-0.44
ALORUALSP Orchid Acquisition Corp I - Units (1 Ord Class A & 1/2 War)$22MN/AN/A-0.43
GATEUMarblegate Acquisition Corp - Units (1 Ord Share Class A & 1/2 War)$340MFinancial ServicesShell Companies-0.43
SAFXXCF Global Inc$126MUtilitiesUtilities - Renewable-0.42
CRCLCircle Internet Group Inc - Class A$25BFinancial ServicesCapital Markets-0.42
CHACUCrane Harbor Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$72MFinancial ServicesShell Companies-0.41
DHCADHC Acquisition Corp - Class A$16MN/AN/A-0.41
NTWOUNewbury Street II Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$183MFinancial ServicesShell Companies-0.41
DAICCID HoldCo Inc$5.39MTechnologyInformation Technology Services-0.40
WETOWebus International Ltd$11MTechnologySoftware - Infrastructure-0.40
AACIWArmada Acquisition Corp I - Warrants (13/08/2026)$20MN/AN/A-0.39
ANNAAleAnna Inc - Class A$122MEnergyOil & Gas E&p-0.39
PLMIUPlum Acquisition Corp I - Units (1 Ord Share Class A & 1/5 War)$232MN/AN/A-0.39
WETHWetouch Technology Inc. Common Stock$18MN/AN/A-0.39

ETFs that lowly correlated with DIVL

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
JHDGWISDOMTREE JAPAN HEDGED QUALITY DIVIDEND GROWTH FUND NA$64M0.49%Apr 7, 2026-1.00
CLIMCLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF $1.30M0.90%Mar 11, 2026-0.99
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.87
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.85
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.84
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.81
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.80
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.80
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.79
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.78
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.78
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.77
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.77
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.73
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.72
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.71
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.70
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.70
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.68
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.67
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.66
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.65
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.65
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.64
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.63
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.63
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.63
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.61
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.61
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.60
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.60
NFLWROUNDHILL NFLX WEEKLYPAY ETF $16MN/AJun 17, 2025-0.60
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.60
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.59
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.59
METDDIREXION DAILY META BEAR 1X SHARES $8.60M1.02%Jun 5, 2024-0.59
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.59
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.57
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.56
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.52
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.51
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.51
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.48
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.47
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.46
GGOViShares Global Government Bond USD Hedged Active$44M0.39%Jun 25, 2025-0.46
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3MN/AJun 16, 2009-0.45
WZRDOpportunistic Trader ETF$3.90M1.00%Jun 24, 2025-0.45
SDPProShares UltraShort Utilities -2x Shares$4.60MN/AJan 30, 2007-0.43
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $9.80M1.05%Jul 23, 2024-0.43
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.42
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.41
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.41
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.40
RXDProShares UltraShort Health Care -2x Shares$4.90MN/AJan 30, 2007-0.39