Skip to main content

Want a detailed portfolio tracker?

22 Stocks and 78 ETFs for diversifying EWG (ISHARES MSCI GERMANY ETF)

The least correlated asset to EWG (ISHARES MSCI GERMANY ETF) is ETF EPV (ProShares UltraShort FTSE Europe -2X Shares). The correlation is -0.9327.

Stocks that lowly correlated with EWG

SymbolName
Market cap
SectorIndustry
Correlation
TMDETMD Energy Ltd$18MEnergyOil & Gas Midstream-0.73
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.57
CSAICloudastructure Inc - Class A$8.98MTechnologySoftware - Infrastructure-0.53
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.53
GROBrazil Potash Corp$132MBasic MaterialsOther Industrial Metals & Mining-0.51
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.51
VCKAUScilex Holding Company - Units (1 Ord & 1/2 War)$37MN/AN/A-0.48
EQVEQV Ventures Acquisition Corp.$466MFinancial ServicesShell Companies-0.47
CRCLCircle Internet Group Inc - Class A$25BFinancial ServicesCapital Markets-0.43
STAKStak Inc$17MEnergyOil & Gas Equipment & Services-0.42
GRDNGuardian Pharmacy Services Inc$2.49BHealthcareMedical Care Facilities-0.42
PROPPrairie Operating Co. Common Stock$81MEnergyOil & Gas E&p-0.42
AIIAmerican Integrity Insurance Group Inc$328MFinancial ServicesInsurance - Property & Casualty-0.41
LSHLakeside Holding Ltd$20MIndustrialsIntegrated Freight & Logistics-0.41
EONRHNR Acquisition Corp$22MEnergyOil & Gas E&p-0.40
MOBXMobix Labs Inc - Class A$20MTechnologySemiconductors-0.40
AFRIForafric Global PLC$270MConsumer DefensiveFarm Products-0.40
APUSApimeds Pharmaceuticals US Inc$1.82MHealthcareDrug Manufacturers - Specialty & Generic-0.39
OKURReneo Pharmaceuticals Inc - Class A$59MHealthcareBiotechnology-0.39
TURBTurbo Energy S.A.$7.58MTechnologySolar-0.38
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.37
HYAC-UHaymaker Acquisition Corp 4 - Units (1 Ord Class A & 1/2 War)$65MN/AN/A-0.37

ETFs that lowly correlated with EWG

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.93
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.93
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.92
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.78
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.78
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.77
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.75
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.74
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.73
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.73
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.73
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.73
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.72
NFLWROUNDHILL NFLX WEEKLYPAY ETF $16MN/AJun 17, 2025-0.71
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.71
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.71
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.71
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.71
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.70
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.70
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.70
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.70
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.68
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.68
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.67
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.66
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.66
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.65
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.64
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.63
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $396M0.51%Dec 18, 2013-0.61
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.61
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.61
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.61
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.61
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.60
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.60
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.58
TNGYTORTOISE ENERGY ETF $600M0.85%Dec 27, 2010-0.58
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.56
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.55
UUPInvesco DB US Dollar Index Bullish Fund$352M0.75%Feb 20, 2007-0.55
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.54
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.53
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.53
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.53
FXPProShares UltraShort FTSE China 50 -2x Shares$5.60MN/ANov 6, 2007-0.51
RSBYRETURN STACKED(R) BONDS & FUTURES YIELD ETF $78M1.01%Aug 20, 2024-0.51
YXIProShares Short FTSE China 50 -1x Shares$4.30M0.95%Mar 16, 2010-0.51
METDDIREXION DAILY META BEAR 1X SHARES $8.60M1.02%Jun 5, 2024-0.51
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $4.80MN/AMar 31, 2025-0.50
EUOProShares UltraShort Euro -2X Shares$38MN/ANov 24, 2008-0.50
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.49
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.48
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.48
WZRDOpportunistic Trader ETF$3.90M1.00%Jun 24, 2025-0.48
QIDPROSHARES ULTRASHORT QQQ $279MN/AJul 11, 2006-0.48
YANGDIREXION DAILY FTSE CHINA BEAR 3X SHARES $110MN/ADec 3, 2009-0.47
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.46
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3MN/AJun 16, 2009-0.46
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.46
WTIDBank of Montreal$6.60MN/AFeb 16, 2023-0.44
RXDProShares UltraShort Health Care -2x Shares$4.90MN/AJan 30, 2007-0.44
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.44
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $307M0.90%Dec 1, 2020-0.43
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $40MN/ANov 6, 2008-0.42
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.42
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.41
USOYDEFIANCE OIL ENHANCED OPTIONS INCOME ETF $76M1.12%May 9, 2024-0.40
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $210M0.50%May 10, 2021-0.40
OILDBank of Montreal$19MN/ANov 8, 2021-0.40
NVDSTradr 1.5X Short NVDA Daily ETF$23MN/AJul 13, 2022-0.39
GGOViShares Global Government Bond USD Hedged Active$44M0.39%Jun 25, 2025-0.39
USEUSCF ENERGY COMMODITY STRATEGY ABSOLUTE RETURN FUND $2.60M0.79%May 3, 2023-0.39
CTASIMPLIFY MANAGED FUTURES STRATEGY ETF $1.70B0.75%Mar 7, 2022-0.38
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$1.10BN/ANov 24, 2008-0.38
WNTRYieldMax Short MSTR Option Income Strategy ETF$72M1.00%Mar 26, 2025-0.38
ZSLProShares UltraShort Silver -2x Shares$145MN/ADec 1, 2008-0.36