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 -0.9215.
Stocks that lowly correlated with DWAS
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| SDHIR | Siddhi Acquisition Corp | $1.38M | N/A | N/A | -0.59 |
| TMDE | TMD Energy Ltd | $18M | Energy | Oil & Gas Midstream | -0.53 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.52 |
| TACH | Titan Acquisition Corp - Class A | $286M | Financial Services | Shell Companies | -0.50 |
| 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 |
| GSHR | Gesher Acquisition Corp II - Class A | $155M | Financial Services | Shell Companies | -0.43 |
| LZMH | LZ Technology Holdings Ltd - Class B | $9.09M | Technology | Information Technology Services | -0.43 |
| UBXG | U-BX Technology Ltd | $37M | Technology | Software - Infrastructure | -0.42 |
| FIGXU | FIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War) | $35M | Financial Services | Shell Companies | -0.42 |