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30 Stocks and 70 ETFs for diversifying GAB (Gabelli Equity Trust)

The least correlated asset to GAB (Gabelli Equity Trust) is ETF CCUP (T-REX 2X LONG CRCL DAILY TARGET ETF). The correlation is -0.7692.

Stocks that lowly correlated with GAB

SymbolName
Market cap
SectorIndustry
Correlation
CTWCTW Cayman - Class A$147MCommunication ServicesElectronic Gaming & Multimedia-0.75
KCHVKochav Defense Acquisition Corp - Class A$263MFinancial ServicesShell Companies-0.69
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.67
IPCXInflection Point Acquisition Corp III - Class A$263MFinancial ServicesShell Companies-0.60
APADREnhanced Group Inc$6.67MN/AN/A-0.58
EQVEQV Ventures Acquisition Corp.$466MFinancial ServicesShell Companies-0.56
CRCLCircle Internet Group Inc - Class A$16BFinancial ServicesCapital Markets-0.54
VCKAUScilex Holding Company - Units (1 Ord & 1/2 War)$37MN/AN/A-0.53
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.49
BMGLBasel Medical Group Ltd$9.61MHealthcareMedical Care Facilities-0.49
ELOGEastern International Ltd$9.59MIndustrialsIntegrated Freight & Logistics-0.48
SAFXXCF Global Inc$145MUtilitiesUtilities - Renewable-0.48
SSEAUStarry Sea Acquisition Corp - Units (1 Ord Shs & 1/6 Rts)$19MFinancial ServicesShell Companies-0.47
CMNDClearmind Medicine Inc$2.12MHealthcareBiotechnology-0.47
LWACLightWave Acquisition Corp - Class A$221MFinancial ServicesShell Companies-0.47
INACIndigo Acquisition Corp$118MFinancial ServicesShell Companies-0.46
NCEWNew Century Logistics (BVI) Ltd$54MIndustrialsIntegrated Freight & Logistics-0.46
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$18MFinancial ServicesShell Companies-0.45
CRECre8 Enterprise Ltd Class A$6.60MIndustrialsSpecialty Business Services-0.45
STRZStarz Entertainment Corp$468MCommunication ServicesEntertainment-0.44
BLSHBullish$3.80BTechnologySoftware - Infrastructure-0.43
EMPDEmpery Digital Inc$98MConsumer CyclicalAuto Manufacturers-0.43
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.42
DFSCDEFSEC Technologies Inc Com$3.99MIndustrialsAerospace & Defense-0.42
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.41
FLACFrazier Lifesciences Acquisition Corp - Class A$175MN/AN/A-0.41
GTERAGloba Terra Acquisition Corporation Class A$246MFinancial ServicesShell Companies-0.41
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.41
QUMSUQuantumsphere Acquisition Corp - Units (1 Ord Shs & 1 Rts)$33MFinancial ServicesShell Companies-0.40
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.40

ETFs that lowly correlated with GAB

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.77
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.77
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.75
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.75
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.74
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.73
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.73
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.73
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.73
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.72
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.72
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.72
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.71
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.70
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.70
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.70
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.70
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.69
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.69
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.69
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.69
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.68
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.68
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.67
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.67
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.65
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.65
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.63
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.63
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.62
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.62
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.62
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.62
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.61
RBILF/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF $139M0.17%Feb 24, 2025-0.60
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.60
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.59
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.59
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.57
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.57
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.57
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.55
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.55
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.54
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.53
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.53
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.51
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.51
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.49
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.49
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.47
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.47
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.47
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.46
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.46
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.45
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.45
WTIPWISDOMTREE INFLATION PLUS FUND $21M0.65%Jun 16, 2025-0.44
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $176M0.50%May 10, 2021-0.44
WTIDBank of Montreal$18MN/AFeb 16, 2023-0.43
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $61MN/AAug 21, 2023-0.43
USOYDEFIANCE OIL ENHANCED OPTIONS INCOME ETF $56M1.12%May 9, 2024-0.42
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.42
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.41
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.41
USNGAMPLIFY SAMSUNG U.S. NATURAL GAS INFRASTRUCTURE ETF $7.40M0.59%May 19, 2025-0.41
SDPProShares UltraShort Utilities -2x Shares$3.90MN/AJan 30, 2007-0.41
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.41
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$895MN/ANov 24, 2008-0.40
SETHProShares Short Ether ETF$23M0.95%Nov 1, 2023-0.40