10 Stocks and 90 ETFs for diversifying DWAS (INVESCO DORSEY WRIGHT SMALLCAP MOMENTUM ETF)
The least correlated asset to DWAS (INVESCO DORSEY WRIGHT SMALLCAP MOMENTUM ETF) is ETF RWM (PROSHARES SHORT RUSSELL2000). The correlation is -0.9213.
Stocks that lowly correlated with DWAS
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.53 |
| PACH | Pioneer Acquisition I Corp - Class A | $260M | Financial Services | Shell Companies | -0.53 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.52 |
| GSHR | Gesher Acquisition Corp II - Class A | $157M | Financial Services | Shell Companies | -0.47 |
| TACH | Titan Acquisition Corp - Class A | $288M | Financial Services | Shell Companies | -0.47 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.46 |
| MCTR | CTRL Group Ltd | $15M | Communication Services | Advertising Agencies | -0.45 |
| LZMH | LZ Technology Holdings Ltd - Class B | $9.02M | Technology | Information Technology Services | -0.43 |
| SOCAU | Solarius Capital Acquisition Corp Units | $179M | Financial Services | Shell Companies | -0.42 |
| UBXG | U-BX Technology Ltd | $6.42M | Communication Services | Advertising Agencies | -0.42 |