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9 Stocks and 91 ETFs for diversifying DWAW (ADVISORSHARES DORSEY WRIGHT FSM ALL CAP WORLD ETF)

The least correlated asset to DWAW (ADVISORSHARES DORSEY WRIGHT FSM ALL CAP WORLD ETF) is ETF SDS (ProShares UltraShort S&P500 -2x Shares). The correlation is -0.8671.

Stocks that lowly correlated with DWAW

SymbolName
Market cap
SectorIndustry
Correlation
TMDETMD Energy Ltd$18MEnergyOil & Gas Midstream-0.66
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.65
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.54
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.50
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.49
PVLAPalvella Therapeutics Inc$1.66BHealthcareBiotechnology-0.49
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.47
GSRMBitcoin Depot Inc - Class A$54MN/AN/A-0.44
SDHIRSiddhi Acquisition Corp$1.38MN/AN/A-0.43

ETFs that lowly correlated with DWAW

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.87
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $23M0.50%Mar 6, 2024-0.86
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.86
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.86
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.86
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.86
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $14M1.11%Aug 14, 2024-0.84
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.84
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.84
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.83
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.82
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.20MN/AMay 15, 2024-0.82
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.81
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.80
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.80
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.79
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.79
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.79
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.78
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.78
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.77
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.76
WZRDOpportunistic Trader ETF$3.90M1.00%Jun 24, 2025-0.76
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.75
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.75
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.74
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.74
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.74
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.73
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.73
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.73
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.73
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.73
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.72
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.72
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.71
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.70
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $9.80M1.05%Jul 23, 2024-0.70
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.69
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.69
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.68
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.68
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.68
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $23M1.01%Sep 12, 2023-0.67
FNGDBank of Montreal$68MN/AJan 22, 2018-0.67
NVDQT-Rex 2X Inverse NVIDIA Daily Target ETF$36MN/AOct 18, 2023-0.66
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.66
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $75MN/AAug 21, 2023-0.66
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.65
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.65
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.65
SHRTGOTHAM SHORT STRATEGIES ETF $17M1.35%Jul 31, 2017-0.64
AVSDIREXION DAILY AVGO BEAR 1X SHARES $6.90M1.03%Oct 9, 2024-0.64
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.64
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $19M1.05%May 1, 2024-0.62
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.62
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.60
QCMDDirexion Daily QCOM Bear 1X ETF$2M1.00%Jun 24, 2025-0.60
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.60
NFLWROUNDHILL NFLX WEEKLYPAY ETF $16MN/AJun 17, 2025-0.60
METDDIREXION DAILY META BEAR 1X SHARES $8.60M1.02%Jun 5, 2024-0.59
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $21M1.03%Feb 11, 2025-0.59
QIDPROSHARES ULTRASHORT QQQ $279MN/AJul 11, 2006-0.59
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.58
NVDSTradr 1.5X Short NVDA Daily ETF$23MN/AJul 13, 2022-0.58
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.57
RXDProShares UltraShort Health Care -2x Shares$4.90MN/AJan 30, 2007-0.56
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $4.80MN/AMar 31, 2025-0.54
CSCSDirexion Daily CSCO Bear 1X ETF$1.80M1.00%Jun 24, 2025-0.54
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.54
SETHProShares Short Ether ETF$16M0.95%Nov 1, 2023-0.54
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.52
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.52
TNGYTORTOISE ENERGY ETF $600M0.85%Dec 27, 2010-0.50
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $33MN/AJul 16, 2009-0.50
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $16M0.96%Aug 8, 2022-0.46
ETHDProShares UltraShort Ether ETF$84MN/AJun 6, 2024-0.46
FPASFPA SHORT DURATION GOVERNMENT ETF $6.90M0.10%Oct 31, 2024-0.46
ZSLProShares UltraShort Silver -2x Shares$145MN/ADec 1, 2008-0.46
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.46
TSLZT-Rex 2X Inverse Tesla Daily Target ETF$46MN/AOct 18, 2023-0.45
TSDDGRANITESHARES 2X SHORT TSLA DAILY ETF $42MN/AAug 21, 2023-0.45
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $39M1.05%Jul 9, 2024-0.44
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $17M1.02%Sep 6, 2022-0.44
BRKUDIREXION DAILY BRKB BULL 2X SHARES $58MN/ADec 10, 2024-0.43
MSFDDIREXION DAILY MSFT BEAR 1X SHARES $42M1.02%Sep 6, 2022-0.43
RTXGLeverage Shares 2X Long RTX Daily ETF$4MN/AJun 5, 2025-0.43
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.43
TSLQTradr 2X Short TSLA Daily ETF$159MN/AJul 13, 2022-0.42
PALDDirexion Daily PANW Bear 1X Shares$2.40M1.02%Feb 10, 2025-0.42
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3MN/AJun 16, 2009-0.42