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29 Stocks and 71 ETFs for diversifying EWP (ISHARES MSCI SPAIN ETF)

The least correlated asset to EWP (ISHARES MSCI SPAIN ETF) is ETF EPV (ProShares UltraShort FTSE Europe -2X Shares). The correlation is -0.8415.

Stocks that lowly correlated with EWP

SymbolName
Market cap
SectorIndustry
Correlation
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.82
CRCLCircle Internet Group Inc - Class A$16BFinancial ServicesCapital Markets-0.76
CSAICloudastructure Inc - Class A$7.44MTechnologySoftware - Infrastructure-0.55
DFSCDEFSEC Technologies Inc Com$3.99MIndustrialsAerospace & Defense-0.54
VNMEUVendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War)$52MFinancial ServicesShell Companies-0.53
FIGFigma Inc - Class A$12BTechnologySoftware - Application-0.49
UMACUnusual Machines Inc$885MTechnologyComputer Hardware-0.49
EQVEQV Ventures Acquisition Corp.$466MFinancial ServicesShell Companies-0.49
VCKAUScilex Holding Company - Units (1 Ord & 1/2 War)$37MN/AN/A-0.48
STRZStarz Entertainment Corp$468MCommunication ServicesEntertainment-0.48
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$18MFinancial ServicesShell Companies-0.47
CTWCTW Cayman - Class A$147MCommunication ServicesElectronic Gaming & Multimedia-0.46
PROPPrairie Operating Co. Common Stock$60MEnergyOil & Gas E&p-0.45
LBLandbridge Company LLC. - Class A$5.70BEnergyOil & Gas Equipment & Services-0.44
TVAIRThayer Ventures Acquisition Corporation II Rights$166KN/AN/A-0.43
PEWGrabAGun Digital Holdings Inc$75MIndustrialsAerospace & Defense-0.42
MOBXMobix Labs Inc - Class A$20MTechnologySemiconductors-0.42
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.42
CCIIWCohen Circle Acquisition Corp II - Warrants(01/07/2030)$3.81MN/AN/A-0.39
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.39
DXYZDestiny Tech100 Inc$629MFinancial ServicesAsset Management-0.39
EONRHNR Acquisition Corp$21MEnergyOil & Gas E&p-0.39
ZJKZJK Industrial Co Ltd$126MIndustrialsSpecialty Industrial Machinery-0.38
VGVenture Global Inc - Class A$32BEnergyOil & Gas Midstream-0.38
IPXXUUSA Rare Earth Inc - Units (1 Ord Class A & 1/2 Warr)$66MN/AN/A-0.38
MNRMach Natural Resources LP$2.20BEnergyOil & Gas E&p-0.38
OSRHBellevue Life Sciences Acquisition Corp$14MHealthcareBiotechnology-0.38
PNSkycorp Solar Group Ltd - Series A$91MTechnologySolar-0.38
RAAQUReal Asset Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$65MFinancial ServicesShell Companies-0.37

ETFs that lowly correlated with EWP

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.84
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.84
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.83
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.79
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.79
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.71
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.71
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.66
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.65
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.63
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.63
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.63
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.62
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.62
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.62
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.61
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.61
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.61
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.59
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.59
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.59
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.58
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.58
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.58
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.58
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.57
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.57
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.56
XLEISTATE STREET(R) ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF$40M0.35%Jul 29, 2025-0.56
RBILF/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF $139M0.17%Feb 24, 2025-0.55
UUPInvesco DB US Dollar Index Bullish Fund$436M0.75%Feb 20, 2007-0.55
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.55
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3.20MN/AJun 16, 2009-0.54
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.54
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.54
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.53
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.53
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.53
NOWLGRANITESHARES 2X LONG NOW DAILY ETF $286MN/AJul 14, 2025-0.52
EUOProShares UltraShort Euro -2X Shares$35MN/ANov 24, 2008-0.52
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.52
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.52
CXRNTEUCRIUM 2X DAILY CORN ETF $4MN/ADec 12, 2024-0.52
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.52
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.51
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.51
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.49
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.47
FXPProShares UltraShort FTSE China 50 -2x Shares$7.60MN/ANov 6, 2007-0.47
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.47
WTIPWISDOMTREE INFLATION PLUS FUND $21M0.65%Jun 16, 2025-0.46
YXIProShares Short FTSE China 50 -1x Shares$5M0.95%Mar 16, 2010-0.46
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.45
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.44
USOYDEFIANCE OIL ENHANCED OPTIONS INCOME ETF $56M1.12%May 9, 2024-0.44
USNGAMPLIFY SAMSUNG U.S. NATURAL GAS INFRASTRUCTURE ETF $7.40M0.59%May 19, 2025-0.43
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.43
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.43
WXETTEUCRIUM 2X DAILY WHEAT ETF $7MN/ADec 12, 2024-0.43
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.43
GXPEGLOBAL X PURECAP MSCI ENERGY ETF $1.20M0.15%Jul 22, 2025-0.42
YANGDIREXION DAILY FTSE CHINA BEAR 3X SHARES $104MN/ADec 3, 2009-0.42
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.42
CTASIMPLIFY MANAGED FUTURES STRATEGY ETF $1.50B0.75%Mar 7, 2022-0.41
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.41
USEUSCF ENERGY COMMODITY STRATEGY ABSOLUTE RETURN FUND $2.60M0.79%May 3, 2023-0.41
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.39
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.37
RSBYRETURN STACKED(R) BONDS & FUTURES YIELD ETF $64M1.01%Aug 20, 2024-0.37
OILDBank of Montreal$53MN/ANov 8, 2021-0.37
MSTUT-REX 2X LONG MSTR DAILY TARGET ETF $291MN/ASep 17, 2024-0.37