Skip to main content

Want a detailed portfolio tracker?

31 Stocks and 69 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 -0.8405.

Stocks that lowly correlated with EWP

SymbolName
Market cap
SectorIndustry
Correlation
TMDETMD Energy Ltd$18MEnergyOil & Gas Midstream-0.82
CRCLCircle Internet Group Inc - Class A$25BFinancial ServicesCapital Markets-0.79
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.73
STAKStak Inc$17MEnergyOil & Gas Equipment & Services-0.63
CSAICloudastructure Inc - Class A$8.98MTechnologySoftware - Infrastructure-0.61
DFSCDEFSEC Technologies Inc Com$8.73MIndustrialsAerospace & Defense-0.56
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.52
STRZStarz Entertainment Corp$380MCommunication ServicesEntertainment-0.51
RAAQReal Asset Acquisition Corp - Class A$196MFinancial ServicesShell Companies-0.51
UMACUnusual Machines Inc$900MTechnologyComputer 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
LBLandbridge Company LLC. - Class A$5.70BEnergyOil & Gas Equipment & Services-0.45
PROPPrairie Operating Co. Common Stock$81MEnergyOil & Gas E&p-0.45
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.42
MOBXMobix Labs Inc - Class A$20MTechnologySemiconductors-0.42
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.41
DXYZDestiny Tech100 Inc$629MFinancial ServicesAsset Management-0.39
USOIUBS AG London Branch$234BN/AN/A-0.39
HSPTRHorizon Space Acquisition II Corp Right$763KN/AN/A-0.39
RAAQUReal Asset Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$69MFinancial ServicesShell Companies-0.39
VGVenture Global Inc - Class A$30BEnergyOil & Gas Midstream-0.39
EONRHNR Acquisition Corp$22MEnergyOil & Gas E&p-0.38
HMRSports Properties Acquisition Corp$73MIndustrialsMarine Shipping-0.38
OSRHBellevue Life Sciences Acquisition Corp$16MHealthcareBiotechnology-0.38
PNSkycorp Solar Group Ltd - Series A$100MTechnologySolar-0.38
IPXXUUSA Rare Earth Inc - Units (1 Ord Class A & 1/2 Warr)$66MN/AN/A-0.38
MNRMach Natural Resources LP$2.26BEnergyOil & Gas E&p-0.38
OMDAOmada Health Inc$975MHealthcareHealth Information Services-0.37
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.37
LSHLakeside Holding Ltd$20MIndustrialsIntegrated Freight & Logistics-0.36

ETFs that lowly correlated with EWP

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.84
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.84
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.83
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.70
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.69
TNGYTORTOISE ENERGY ETF $600M0.85%Dec 27, 2010-0.68
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.66
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.64
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.63
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.62
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $396M0.51%Dec 18, 2013-0.62
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.61
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.61
NFLWROUNDHILL NFLX WEEKLYPAY ETF $16MN/AJun 17, 2025-0.61
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.61
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.60
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.60
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.59
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.58
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.58
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.57
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.57
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.57
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.56
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.56
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.55
UUPInvesco DB US Dollar Index Bullish Fund$352M0.75%Feb 20, 2007-0.55
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.54
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.54
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.53
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.53
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.53
EUOProShares UltraShort Euro -2X Shares$38MN/ANov 24, 2008-0.52
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3MN/AJun 16, 2009-0.52
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.51
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.51
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.51
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.51
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.51
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.49
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.48
FXPProShares UltraShort FTSE China 50 -2x Shares$5.60MN/ANov 6, 2007-0.47
USOYDEFIANCE OIL ENHANCED OPTIONS INCOME ETF $76M1.12%May 9, 2024-0.47
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.47
YXIProShares Short FTSE China 50 -1x Shares$4.30M0.95%Mar 16, 2010-0.47
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.46
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.45
CTASIMPLIFY MANAGED FUTURES STRATEGY ETF $1.70B0.75%Mar 7, 2022-0.45
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.44
YANGDIREXION DAILY FTSE CHINA BEAR 3X SHARES $110MN/ADec 3, 2009-0.43
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.43
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $40MN/ANov 6, 2008-0.43
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.42
USEUSCF ENERGY COMMODITY STRATEGY ABSOLUTE RETURN FUND $2.60M0.79%May 3, 2023-0.41
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.41
COIIREX COIN GROWTH & INCOME ETF $2.80MN/AJun 3, 2025-0.40
MSTUT-REX 2X LONG MSTR DAILY TARGET ETF $616MN/ASep 17, 2024-0.39
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.39
MSTXDefiance Daily Target 2x Long MSTR ETF$388MN/AAug 14, 2024-0.38
OILDBank of Montreal$19MN/ANov 8, 2021-0.38
RSBYRETURN STACKED(R) BONDS & FUTURES YIELD ETF $78M1.01%Aug 20, 2024-0.37
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$1.10BN/ANov 24, 2008-0.37
WTIDBank of Montreal$6.60MN/AFeb 16, 2023-0.37
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.37
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.36
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $210M0.50%May 10, 2021-0.36
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.36
CERYSPDR BLOOMBERG ENHANCED ROLL YIELD COMMODITY STRATEGY NO K-1 ETF $1.10B0.28%Sep 4, 2024-0.35
HFSPTRADERSAI LARGE CAP EQUITY & CASH ETF $729K1.25%Oct 22, 2024-0.35