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25 Stocks and 75 ETFs for diversifying FXA (Invesco CurrencyShares Australian Dollar Trust)

The least correlated asset to FXA (Invesco CurrencyShares Australian Dollar Trust) is ETF EUM (ProShares Short MSCI Emerging Markets -1x Shares). The correlation is -0.745.

Stocks that lowly correlated with FXA

SymbolName
Market cap
SectorIndustry
Correlation
FIGXUFIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$35MFinancial ServicesShell Companies-0.66
PLMKUPlum Acquisition Corp IV - Units (1 Ord cls A & 1/2 Warr)$54MFinancial ServicesShell Companies-0.59
TWNPTwin Hospitality Group Inc. Class A Common Stock$4.08MConsumer CyclicalRestaurants-0.59
CHACUCrane Harbor Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$72MFinancial ServicesShell Companies-0.58
AIIAmerican Integrity Insurance Group Inc$328MFinancial ServicesInsurance - Property & Casualty-0.58
TACHTitan Acquisition Corp - Class A$286MFinancial ServicesShell Companies-0.57
APUSApimeds Pharmaceuticals US Inc$1.82MHealthcareDrug Manufacturers - Specialty & Generic-0.56
HTLMHomesToLife Ltd$157MConsumer CyclicalSpecialty Retail-0.51
OMDAOmada Health Inc$975MHealthcareHealth Information Services-0.49
UMACUnusual Machines Inc$900MTechnologyComputer Hardware-0.49
WAYWaystar Holding Corp$3.65BHealthcareHealth Information Services-0.48
MENSJyong Biotech Ltd$164MHealthcareBiotechnology-0.47
SMXTSolarMax Technology Inc$31MTechnologySolar-0.46
DXYZDestiny Tech100 Inc$629MFinancial ServicesAsset Management-0.44
BGMQilian International Holding Group Ltd - Class A$7.45MHealthcareDrug Manufacturers - Specialty & Generic-0.43
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.43
PTLEPTL Ltd$70MConsumer CyclicalSpecialty Retail-0.43
IPXXUUSA Rare Earth Inc - Units (1 Ord Class A & 1/2 Warr)$66MN/AN/A-0.43
HTCOCaravelle International Group$38MIndustrialsMarine Shipping-0.42
RECTRectitude Holdings Ltd$19MConsumer CyclicalSpecialty Retail-0.42
AACTAres Acquisition Corporation II - Class A$588MFinancial ServicesShell Companies-0.41
SDHIRSiddhi Acquisition Corp$1.38MN/AN/A-0.40
RBRKRubrik Inc - Class A$13BTechnologySoftware - Infrastructure-0.39
NUKKWNukkleus Inc - Warrants (22/12/2028)$1.41BN/AN/A-0.39
ARAIArrive AI Inc$26MTechnologyScientific & Technical Instruments-0.39

ETFs that lowly correlated with FXA

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.74
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.74
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $396M0.51%Dec 18, 2013-0.70
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.69
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.69
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.69
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.69
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.66
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.66
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.64
PLTGLEVERAGE SHARES 2X LONG PLTR DAILY ETF $26MN/AApr 24, 2025-0.62
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.61
UUPInvesco DB US Dollar Index Bullish Fund$352M0.75%Feb 20, 2007-0.61
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.60
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.60
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3MN/AJun 16, 2009-0.60
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.60
WZRDOpportunistic Trader ETF$3.90M1.00%Jun 24, 2025-0.59
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.59
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.59
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.59
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.58
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.57
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.57
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.57
HOOWROUNDHILL HOOD WEEKLYPAY ETF $113MN/AJun 17, 2025-0.57
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.57
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.56
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.56
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.56
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.56
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.55
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.55
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.55
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.55
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.54
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.54
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.53
EUOProShares UltraShort Euro -2X Shares$38MN/ANov 24, 2008-0.52
HOOYYIELDMAX(R) HOOD OPTION INCOME STRATEGY ETF $102M0.99%May 7, 2025-0.51
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.51
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.49
ZSLProShares UltraShort Silver -2x Shares$145MN/ADec 1, 2008-0.48
FXPProShares UltraShort FTSE China 50 -2x Shares$5.60MN/ANov 6, 2007-0.47
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.46
YXIProShares Short FTSE China 50 -1x Shares$4.30M0.95%Mar 16, 2010-0.46
YANGDIREXION DAILY FTSE CHINA BEAR 3X SHARES $110MN/ADec 3, 2009-0.46
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.45
NFLWROUNDHILL NFLX WEEKLYPAY ETF $16MN/AJun 17, 2025-0.45
BTCGrayscale Bitcoin Mini Trust ETF$4B0.15%Jul 31, 2024-0.45
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.45
BTCLT-REX 2X LONG BITCOIN DAILY TARGET ETF $34MN/AJul 9, 2024-0.44
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.43
PTIRGRANITESHARES 2X LONG PLTR DAILY ETF $408MN/ASep 4, 2024-0.43
DEFIHashdex Bitcoin Futures ETF$10M0.25%Sep 15, 2022-0.43
BITUPROSHARES ULTRA BITCOIN ETF $513MN/AApr 1, 2024-0.43
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.43
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.42
GLLProShares UltraShort Gold -2x Shares$115MN/ADec 1, 2008-0.42
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.42
RXDProShares UltraShort Health Care -2x Shares$4.90MN/AJan 30, 2007-0.41
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.41
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.41
GGOViShares Global Government Bond USD Hedged Active$44M0.39%Jun 25, 2025-0.41
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $210M0.50%May 10, 2021-0.41
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.41
BTCINEOS BITCOIN HIGH INCOME ETF $1.20B0.99%Oct 16, 2024-0.40
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $40MN/ANov 6, 2008-0.40
YBTCROUNDHILL BITCOIN COVERED CALL STRATEGY ETF $158M0.95%Jan 17, 2024-0.40
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.40
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.40
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.39
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.39
IBITiShares Bitcoin Trust$62B0.25%Jan 5, 2024-0.39
ARKBARK 21Shares Bitcoin ETF$2.80B0.21%Jan 10, 2024-0.39