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37 Stocks and 63 ETFs for diversifying EWM (ISHARES MSCI MALAYSIA ETF)

The least correlated asset to EWM (ISHARES MSCI MALAYSIA ETF) is company Eastern International (ELOG). The correlation is -0.7175.

Stocks that lowly correlated with EWM

SymbolName
Market cap
SectorIndustry
Correlation
ELOGEastern International Ltd$9.59MIndustrialsIntegrated Freight & Logistics-0.72
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.67
SIShoulder Innovations Inc$452MN/AN/A-0.65
STRZStarz Entertainment Corp$468MCommunication ServicesEntertainment-0.65
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.64
STAKStak Inc$55MEnergyOil & Gas Equipment & Services-0.60
TGHLGrowhub Ltd (The) - Class A$19MTechnologySoftware - Infrastructure-0.60
EDHLEverbright Digital Holding Ltd$5.88MCommunication ServicesAdvertising Agencies-0.58
CHPGUChampionsGate Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.58
BMHLBluemount Holdings Ltd$146MFinancial ServicesCapital Markets-0.55
BSAABEST SPAC I Acquisition Corp - Class A$63MFinancial ServicesShell Companies-0.53
CHAChagee Holdings Ltd$1.84BConsumer CyclicalRestaurants-0.53
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.52
CRECre8 Enterprise Ltd Class A$6.60MIndustrialsSpecialty Business Services-0.51
CUPRCuprina Holdings (Cayman) Ltd - Class A$11MHealthcareMedical Instruments & Supplies-0.51
IOTRiOThree Ltd$13MCommunication ServicesTelecom Services-0.48
WETOWetour Robotics Ltd$11MTechnologySoftware - Infrastructure-0.47
IPODUDune Acquisition Corp II - Units (1 Ord Cls A & 1 War)$156MFinancial ServicesShell Companies-0.47
ETSElite Express Holding Inc - Class A$13MIndustrialsTrucking-0.46
BMGLBasel Medical Group Ltd$9.61MHealthcareMedical Care Facilities-0.45
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.44
HNGEHinge Health Inc - Class A$6.74BHealthcareHealth Information Services-0.44
JEM707 Cayman Holdings Ltd$3.49MConsumer CyclicalApparel Retail-0.44
AXINAxiom Intelligence Acquisition Corp 1 - Class A$341MFinancial ServicesShell Companies-0.44
PGACPantages Capital Acquisition Corp Cl A Ord Shs$118MFinancial ServicesShell Companies-0.43
NHICWNewHold Investment Corp III - Warrants (01/01/9999)$171MN/AN/A-0.43
VCKAUScilex Holding Company - Units (1 Ord & 1/2 War)$37MN/AN/A-0.42
NCTIntercont (Cayman) Ltd$3.63MIndustrialsMarine Shipping-0.42
VACHVoyager Acquisition Corp - Class A$279MFinancial ServicesShell Companies-0.40
LEGT-ULegato Merger Corp III - Units (1 Ord & 1/2 War)$102MN/AN/A-0.40
OMDAOmada Health Inc$1.41BHealthcareHealth Information Services-0.40
SHLTSHL Telemedicine Ltd ADR$39MHealthcareHealth Information Services-0.40
CCTGCCSC Technology International Holdings Ltd - Class A$1.03MIndustrialsElectrical Equipment & Parts-0.40
KVACUKeen Vision Acquisition Corp - Units (1 Ord & 1 War)$53MFinancial ServicesShell Companies-0.39
ORIQUOrigin Investment Corp I - Units (1 Ord Cls & 1/2 War)$22MFinancial ServicesShell Companies-0.39
NHICUNewHold Investment Corp III - Units (1 Ord Cls A & 1/2 War)$210MN/AN/A-0.39
BYAHPark Ha Biological Technology Co Ltd$917KConsumer DefensiveHousehold & Personal Products-0.38

ETFs that lowly correlated with EWM

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.71
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.71
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.69
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.68
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.68
NOWLGRANITESHARES 2X LONG NOW DAILY ETF $286MN/AJul 14, 2025-0.66
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.63
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.63
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.62
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.60
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.60
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.60
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.59
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.58
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.57
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.57
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.57
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.57
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3.20MN/AJun 16, 2009-0.56
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.55
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.55
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.54
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.54
UUPInvesco DB US Dollar Index Bullish Fund$436M0.75%Feb 20, 2007-0.54
GGOViShares Global Government Bond USD Hedged Active$2.90B0.39%Jun 25, 2025-0.54
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.54
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.52
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.52
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.52
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.52
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.52
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.52
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.51
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.51
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.51
HOOYYIELDMAX(R) HOOD OPTION INCOME STRATEGY ETF $133M0.99%May 7, 2025-0.50
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.49
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.48
HOOWROUNDHILL HOOD WEEKLYPAY ETF $146MN/AJun 17, 2025-0.48
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.47
EUOProShares UltraShort Euro -2X Shares$35MN/ANov 24, 2008-0.47
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.46
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.46
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.45
FXPProShares UltraShort FTSE China 50 -2x Shares$7.60MN/ANov 6, 2007-0.45
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.44
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.44
YXIProShares Short FTSE China 50 -1x Shares$5M0.95%Mar 16, 2010-0.44
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.44
YANGDIREXION DAILY FTSE CHINA BEAR 3X SHARES $104MN/ADec 3, 2009-0.43
SNOUT-REX 2X LONG SNOW DAILY TARGET ETF $25MN/AApr 23, 2025-0.43
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.43
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.42
WTIDBank of Montreal$18MN/AFeb 16, 2023-0.42
SHPUDIREXION DAILY SHOP BULL 2X ETF $15MN/AAug 5, 2025-0.42
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.42
DULLBank of Montreal$21MN/AFeb 21, 2023-0.40
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.40
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.40
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.39
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.39
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.39
COYYGRANITESHARES YIELDBOOST COIN ETF $21M1.07%Jul 28, 2025-0.38