14 Stocks and 86 ETFs for diversifying ETHD (ProShares UltraShort Ether ETF)
The least correlated asset to ETHD (ProShares UltraShort Ether ETF) is ETF NTRL (First Trust Equity Market Neutral ETF). The correlation is -1.
Stocks that lowly correlated with ETHD
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| ETH | Grayscale Investments LLC | $1.66B | N/A | N/A | -0.96 |
| ACST | Acasti Pharma Inc - Class A | $53M | N/A | N/A | -0.89 |
| BTCW | WisdomTree Bitcoin Fund | $140M | N/A | N/A | -0.82 |
| EZBC | Franklin Templeton Digital Holdings Trust | $409M | N/A | N/A | -0.82 |
| AILE | iLearningEngines Holdings Inc - Class A | $59M | Technology | Software - Infrastructure | -0.79 |
| MCACU | ConnectM Technology Solutions Inc - Units (1 Ord Class A 1 War & 1 Right) | $70M | Financial Services | Shell Companies | -0.79 |
| CVII | Churchill Capital Corp VII - Class A | $570M | Financial Services | Shell Companies | -0.79 |
| XYZ | Block Inc - Class A | $49B | Technology | Software - Infrastructure | -0.78 |
| BLDE | Blade Air Mobility Inc - Class A | $385M | N/A | N/A | -0.77 |
| GTLS-P-B | Chart Industries Inc | $3.46B | N/A | N/A | -0.76 |
| PSTX | Poseida Therapeutics Inc | $933M | N/A | N/A | -0.76 |
| BMBL | Bumble Inc - Class A | $403M | Communication Services | Internet Content & Information | -0.75 |
| MSFT | Microsoft Corporation | $2.94T | Technology | Software - Infrastructure | -0.75 |
| PTC | PTC Inc | $14B | Technology | Software - Application | -0.75 |