8 Stocks and 92 ETFs for diversifying FXP (ProShares UltraShort FTSE China 50 -2x Shares)
The least correlated asset to FXP (ProShares UltraShort FTSE China 50 -2x Shares) is ETF FXI (ISHARES CHINA LARGE-CAP ETF). The correlation is -0.9741.
Stocks that lowly correlated with FXP
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| BZ | Kanzhun Ltd | $6.01B | Communication Services | Internet Content & Information | -0.79 |
| ASPCR | A SPAC III Acquisition Corp | $151K | N/A | N/A | -0.77 |
| BABA | Alibaba Group Holding Ltd | $297B | Consumer Cyclical | Internet Retail | -0.76 |
| VYLD | J P Morgan Chase & Co Inverse VIX ShortTerm Futures ETNs due March 22 2045 | $78B | N/A | N/A | -0.75 |
| JD | JD.com Inc | $42B | Consumer Cyclical | Internet Retail | -0.72 |
| LU | Lufax Holding Ltd | $2.34B | Financial Services | Credit Services | -0.71 |
| ATAT | Atour Lifestyle Holdings Ltd | $4.69B | Consumer Cyclical | Lodging | -0.71 |
| BILI | Bilibili Inc | $5.68B | Communication Services | Internet Content & Information | -0.70 |