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31 Stocks and 69 ETFs for diversifying DRIP (Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF)

The least correlated asset to DRIP (Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF) is ETF FXN (FIRST TRUST ENERGY ALPHADEX FUND). The correlation is -0.939.

Stocks that lowly correlated with DRIP

SymbolName
Market cap
SectorIndustry
Correlation
DVNDevon Energy Corp$53BEnergyOil & Gas E&p-0.86
OVVOvintiv Inc$16BEnergyOil & Gas E&p-0.86
EOGEOG Resources Inc$73BEnergyOil & Gas E&p-0.85
FANGDiamondback Energy Inc$53BEnergyOil & Gas E&p-0.84
COPConoco Phillips$136BEnergyOil & Gas E&p-0.83
CNQCanadian Natural Resources Ltd$90BEnergyOil & Gas E&p-0.82
ALTSALT5 Sigma Corporation Common Stock$4.90BTechnologySoftware - Application-0.82
TEN-P-FTsakos Energy Navigation Ltd$824MN/AN/A-0.80
CVECenovus Energy Inc$51BEnergyOil & Gas Integrated-0.80
HALHalliburton Company$30BEnergyOil & Gas Equipment & Services-0.80
MGYMagnolia Oil & Gas Corp - Class A$4.90BEnergyOil & Gas E&p-0.80
SUSuncor Energy Inc$72BEnergyOil & Gas Integrated-0.79
VETVermilion Energy Inc$1.50BEnergyOil & Gas E&p-0.78
XOMExxon Mobil Corp$604BEnergyOil & Gas Integrated-0.78
MURMurphy Oil Corp$4.97BEnergyOil & Gas E&p-0.78
MTDRMatador Resources Company$6.54BEnergyOil & Gas E&p-0.77
DMLPDorchester Minerals LP$1.31BEnergyOil & Gas E&p-0.77
VGVenture Global Inc - Class A$32BEnergyOil & Gas Midstream-0.77
APAAPA Corporation$12BEnergyOil & Gas E&p-0.77
SLBSLB$71BEnergyOil & Gas Equipment & Services-0.76
IMOImperial Oil Ltd$58BEnergyOil & Gas Integrated-0.76
EPDEnterprise Products Partners L P$82BEnergyOil & Gas Midstream-0.76
TEN-P-ETsakos Energy Navigation Ltd$792MN/AN/A-0.76
PTENPatterson-UTI Energy Inc$3.74BEnergyOil & Gas Drilling-0.75
HESMHess Midstream LP - Class A$8.16BEnergyOil & Gas Midstream-0.75
VLOValero Energy Corp$87BEnergyOil & Gas Refining & Marketing-0.75
GRNAGreenLight Biosciences Inc$45MN/AN/A-0.75
OXYOccidental Petroleum Corp$53BEnergyOil & Gas E&p-0.74
TALOTalos Energy Inc$2.35BEnergyOil & Gas E&p-0.74
MPCMarathon Petroleum Corp$88BEnergyOil & Gas Refining & Marketing-0.74
BSMBlack Stone Minerals L.P.$3.03BEnergyOil & Gas E&p-0.74

ETFs that lowly correlated with DRIP

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
FXNFIRST TRUST ENERGY ALPHADEX FUND $413M0.63%May 8, 2007-0.94
XOPSTATE STREET(R) SPDR(R) S&P(R) OIL & GAS EXPLORATION & PRODUCTION ETF $2.90B0.35%Jun 19, 2006-0.94
OILTTexas Capital Texas Oil Index ETF$12M0.35%Dec 20, 2023-0.93
PXEINVESCO ENERGY EXPLORATION & PRODUCTION ETF $79M0.61%Oct 26, 2005-0.93
FCGFIRST TRUST NATURAL GAS ETF $590M0.59%May 8, 2007-0.92
IEOISHARES U.S. OIL & GAS EXPLORATION & PRODUCTION ETF $516M0.38%May 1, 2006-0.92
OILUBank of Montreal$48MN/ANov 8, 2021-0.91
FTXNFIRST TRUST NASDAQ OIL & GAS ETF $181M0.60%Sep 20, 2016-0.91
RSPGINVESCO S&P 500 EQUAL WEIGHT ENERGY ETF $533M0.40%Nov 1, 2006-0.91
CEFZRIVERNORTH ACTIVE INCOME ETF $40M3.36%Dec 27, 2006-0.90
XLEISTATE STREET(R) ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF$40M0.35%Jul 29, 2025-0.90
PXIINVESCO DORSEY WRIGHT ENERGY MOMENTUM ETF $73M0.60%Oct 12, 2006-0.90
IYEISHARES U.S. ENERGY ETF $1.50B0.38%Jun 12, 2000-0.90
VDEVANGUARD ENERGY INDEX FUND ETF SHARES$11B0.09%Sep 23, 2004-0.90
FENYFIDELITY MSCI ENERGY INDEX ETF $1.70B0.08%Oct 21, 2013-0.90
PEOAdams Natural Resources Fund Inc$762MN/AN/A-0.90
IGEISHARES NORTH AMERICAN NATURAL RESOURCES ETF $708M0.39%Oct 22, 2001-0.90
POWRISHARES U.S. POWER INFRASTRUCTURE ETF $420M0.40%Jan 31, 2012-0.89
XLESTATE STREET(R) ENERGY SELECT SECTOR SPDR(R) ETF $36B0.08%Dec 16, 1998-0.88
PSCEINVESCO S&P SMALLCAP ENERGY ETF $98M0.29%Apr 7, 2010-0.88
BGRBlackrock Energy & Resources Trust$418MN/AN/A-0.88
NVIRHORIZON KINETICS ENERGY AND REMEDIATION ETF $5.80M0.85%Feb 21, 2023-0.88
IXCISHARES GLOBAL ENERGY ETF $2B0.40%Nov 12, 2001-0.88
GXPEGLOBAL X PURECAP MSCI ENERGY ETF $1.20M0.15%Jul 22, 2025-0.87
DRLLSTRIVE U.S. ENERGY ETF $261M0.41%Aug 8, 2022-0.86
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.85
USAIPACER AMERICAN ENERGY INDEPENDENCE ETF $111M0.75%Dec 12, 2017-0.85
PXJINVESCO OIL & GAS SERVICES ETF $75M0.63%Oct 26, 2005-0.84
DIGPROSHARES ULTRA ENERGY $64MN/AJan 30, 2007-0.84
IEZISHARES U.S. OIL EQUIPMENT & SERVICES ETF $377M0.38%May 1, 2006-0.83
OIHVANECK OIL SERVICES ETF $2B0.35%Dec 20, 2011-0.83
MLPXGLOBAL X MLP & ENERGY INFRASTRUCTURE ETF $3.50B0.45%Aug 6, 2013-0.83
XESSTATE STREET(R) SPDR(R) S&P(R) OIL & GAS EQUIPMENT & SERVICES ETF $467M0.35%Jun 19, 2006-0.83
EQRRPROSHARES EQUITIES FOR RISING RATES ETF $38M0.35%Jul 24, 2017-0.82
ENFRALERIAN ENERGY INFRASTRUCTURE ETF $468M0.35%Oct 31, 2013-0.82
EINCVANECK ENERGY INCOME ETF $109M0.46%Mar 12, 2012-0.82
WEEIWestwood Salient Enhanced Energy Income ETF$82M0.85%Apr 30, 2024-0.81
TPYPTORTOISE NORTH AMERICAN PIPELINE ETF $853M0.40%Jun 29, 2015-0.81
ATMPiPath Select MLP ETN$646M0.95%Mar 12, 2013-0.81
MLPAGLOBAL X MLP ETF $2.10B0.77%Apr 18, 2012-0.80
EIPXFT ENERGY INCOME PARTNERS STRATEGY ETF $524M0.95%Nov 2, 2022-0.80
GUSHDIREXION DAILY S&P OIL & GAS EXP. & PROD. BULL 2X SHARES $194MN/AMay 28, 2015-0.80
CRAKVANECK OIL REFINERS ETF $146M0.61%Aug 18, 2015-0.80
GNRSTATE STREET(R) SPDR(R) S&P(R) GLOBAL NATURAL RESOURCES ETF $4.50B0.40%Sep 13, 2010-0.79
AMLPALERIAN MLP ETF $12B1.01%Aug 25, 2010-0.79
ERXDIREXION DAILY ENERGY BULL 2X SHARES $211MN/ANov 6, 2008-0.79
GUNRFLEXSHARES MORNINGSTAR GLOBAL UPSTREAM NATURAL RESOURCES INDEX FUND $6.70B0.46%Sep 16, 2011-0.79
AMUBUBS AG London Branch$37M0.80%Oct 9, 2015-0.79
RLYSTATE STREET(R) MULTI-ASSET REAL RETURN ETF $1.20B0.50%Apr 25, 2012-0.79
UMIUSCF MIDSTREAM ENERGY INCOME FUND $485M0.69%Mar 24, 2021-0.78
BCXBlackRock Resources & Commodities Strategy Trust$917MN/AN/A-0.78
NANRSTATE STREET(R) SPDR(R) S&P(R) NORTH AMERICAN NATURAL RESOURCES ETF $736M0.35%Dec 15, 2015-0.78
FTIFFIRST TRUST BLOOMBERG INFLATION SENSITIVE EQUITY ETF $5.40M0.60%Mar 13, 2023-0.78
TPZTORTOISE ELECTRIFICATION INFRASTRUCTURE ETF $128M0.85%Jul 29, 2009-0.78
AMZAINFRACAP MLP ETF $444M1.72%Oct 1, 2014-0.77
HAPVANECK NATURAL RESOURCES ETF $299M0.41%Aug 29, 2008-0.77
LIVRIntelligent Livermore ETF$18M0.69%Sep 17, 2024-0.77
PIPEInvesco SteelPath MLP & Energy Infrastructure ETF$65M0.75%Feb 18, 2025-0.77
SRVNXG Cushing Midstream Energy Fund$231MN/AN/A-0.76
MLPBUBS AG London Branch$219M0.85%Oct 9, 2015-0.76
QDIVGLOBAL X S&P 500 QUALITY DIVIDEND ETF $29M0.20%Jul 13, 2018-0.76
NMLNeuberger Berman Energy Infrastructure and Income Fund Inc$671MN/AN/A-0.76
MAGAPOINT BRIDGE AMERICA FIRST ETF $31M0.72%Sep 6, 2017-0.75
HYHGPROSHARES HIGH YIELD-INTEREST RATE HEDGED $176M0.50%May 21, 2013-0.75
HYZDWISDOMTREE INTEREST RATE HEDGED HIGH YIELD BOND FUND $241M0.43%Dec 18, 2013-0.75
VFVAVANGUARD U.S. VALUE FACTOR ETF ETF SHARES$845M0.13%Feb 13, 2018-0.74
HERDPACER CASH COWS FUND OF FUNDS ETF $101M0.74%May 3, 2019-0.74
HYGHISHARES INTEREST RATE HEDGED HIGH YIELD BOND ETF $550M0.52%May 27, 2014-0.74
CVYINVESCO ZACKS MULTI-ASSET INCOME ETF $121M1.21%Sep 21, 2006-0.74