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25 Stocks and 75 ETFs for diversifying EWI (ISHARES MSCI ITALY ETF)

The least correlated asset to EWI (ISHARES MSCI ITALY ETF) is ETF EPV (ProShares UltraShort FTSE Europe -2X Shares). The correlation is -0.8768.

Stocks that lowly correlated with EWI

SymbolName
Market cap
SectorIndustry
Correlation
TMDETMD Energy Ltd$18MEnergyOil & Gas Midstream-0.78
CRCLCircle Internet Group Inc - Class A$25BFinancial ServicesCapital Markets-0.71
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.59
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.59
VCKAUScilex Holding Company - Units (1 Ord & 1/2 War)$37MN/AN/A-0.52
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.52
STAKStak Inc$17MEnergyOil & Gas Equipment & Services-0.48
EQVEQV Ventures Acquisition Corp.$466MFinancial ServicesShell Companies-0.45
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.45
MOBXMobix Labs Inc - Class A$20MTechnologySemiconductors-0.44
CSAICloudastructure Inc - Class A$8.98MTechnologySoftware - Infrastructure-0.41
PROPPrairie Operating Co. Common Stock$81MEnergyOil & Gas E&p-0.40
GROBrazil Potash Corp$132MBasic MaterialsOther Industrial Metals & Mining-0.39
UMACUnusual Machines Inc$900MTechnologyComputer Hardware-0.39
SDHIRSiddhi Acquisition Corp$1.38MN/AN/A-0.38
LOARLoar Holdings Inc$5.82BIndustrialsAerospace & Defense-0.38
TPETTrio Petroleum Corp$3.76MEnergyOil & Gas E&p-0.38
HSPTRHorizon Space Acquisition II Corp Right$763KN/AN/A-0.37
LSHLakeside Holding Ltd$20MIndustrialsIntegrated Freight & Logistics-0.35
TURBTurbo Energy S.A.$7.58MTechnologySolar-0.35
RIBBRRibbon Acquisition Corp Rights$277KN/AN/A-0.35
AFRIForafric Global PLC$270MConsumer DefensiveFarm Products-0.35
LBLandbridge Company LLC. - Class A$5.70BEnergyOil & Gas Equipment & Services-0.35
AIIAmerican Integrity Insurance Group Inc$328MFinancial ServicesInsurance - Property & Casualty-0.34
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.34

ETFs that lowly correlated with EWI

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.88
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.88
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.86
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.73
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.72
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.71
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.71
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.70
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.69
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.67
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.66
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.66
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.66
TNGYTORTOISE ENERGY ETF $600M0.85%Dec 27, 2010-0.66
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.66
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.66
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.65
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.65
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.64
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.62
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.62
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.62
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.62
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.62
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.62
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.62
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.61
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.61
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.60
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.60
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.60
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.60
NFLWROUNDHILL NFLX WEEKLYPAY ETF $16MN/AJun 17, 2025-0.59
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.58
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $396M0.51%Dec 18, 2013-0.58
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.54
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.54
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.54
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.53
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.52
UUPInvesco DB US Dollar Index Bullish Fund$352M0.75%Feb 20, 2007-0.52
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.51
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.49
EUOProShares UltraShort Euro -2X Shares$38MN/ANov 24, 2008-0.49
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.49
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3MN/AJun 16, 2009-0.48
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.48
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.47
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.47
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.47
FXPProShares UltraShort FTSE China 50 -2x Shares$5.60MN/ANov 6, 2007-0.46
YXIProShares Short FTSE China 50 -1x Shares$4.30M0.95%Mar 16, 2010-0.46
METDDIREXION DAILY META BEAR 1X SHARES $8.60M1.02%Jun 5, 2024-0.45
WTIDBank of Montreal$6.60MN/AFeb 16, 2023-0.45
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.44
OILDBank of Montreal$19MN/ANov 8, 2021-0.43
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$1.10BN/ANov 24, 2008-0.43
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $40MN/ANov 6, 2008-0.43
WZRDOpportunistic Trader ETF$3.90M1.00%Jun 24, 2025-0.42
YANGDIREXION DAILY FTSE CHINA BEAR 3X SHARES $110MN/ADec 3, 2009-0.42
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.42
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.40
NVDSTradr 1.5X Short NVDA Daily ETF$23MN/AJul 13, 2022-0.40
QIDPROSHARES ULTRASHORT QQQ $279MN/AJul 11, 2006-0.39
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.38
CTASIMPLIFY MANAGED FUTURES STRATEGY ETF $1.70B0.75%Mar 7, 2022-0.37
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.36
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.36
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $307M0.90%Dec 1, 2020-0.35
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $14M1.11%Aug 14, 2024-0.35
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.35
RSBYRETURN STACKED(R) BONDS & FUTURES YIELD ETF $78M1.01%Aug 20, 2024-0.35
AVSDIREXION DAILY AVGO BEAR 1X SHARES $6.90M1.03%Oct 9, 2024-0.34
XOMXDirexion Daily XOM Bull 2X Shares$7.90MN/AApr 22, 2025-0.34
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $210M0.50%May 10, 2021-0.33