19 Stocks and 81 ETFs for diversifying GEM (GOLDMAN SACHS ACTIVEBETA(R) EMERGING MARKETS EQUITY ETF)
The least correlated asset to GEM (GOLDMAN SACHS ACTIVEBETA(R) EMERGING MARKETS EQUITY ETF) is ETF EUM (ProShares Short MSCI Emerging Markets -1x Shares). The correlation is -0.9847.
Stocks that lowly correlated with GEM
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.63 |
| PLBL | Polibeli Group Ltd | $2.84B | Consumer Cyclical | Department Stores | -0.61 |
| ASIC | Ategrity Specialty Holdings LLC | $1.08B | Financial Services | Insurance - Property & Casualty | -0.57 |
| LHAI | Linkhome Holdings Inc | $19M | Real Estate | Real Estate Services | -0.52 |
| SI | Shoulder Innovations Inc | $452M | N/A | N/A | -0.48 |
| NIQ | NIQ Global Intelligence plc | $3.24B | N/A | N/A | -0.46 |
| LGPS | LogProstyle Inc | $26M | Industrials | Conglomerates | -0.45 |
| GIBO | GIBO Holdings Ltd | $106M | Communication Services | Internet Content & Information | -0.44 |
| HPAI | Helport AI Ltd | $21M | Technology | Software - Infrastructure | -0.44 |
| MH | McGraw Hill Inc | $1.95B | Consumer Defensive | Education & Training Services | -0.44 |
| ANNA | AleAnna Inc - Class A | $131M | Energy | Oil & Gas E&p | -0.43 |
| WAY | Waystar Holding Corp | $4.35B | Healthcare | Health Information Services | -0.42 |
| PROP | Prairie Operating Co. Common Stock | $60M | Energy | Oil & Gas E&p | -0.41 |
| MOBX | Mobix Labs Inc - Class A | $20M | Technology | Semiconductors | -0.41 |
| TTAN | ServiceTitan Inc - Class A | $7.44B | Technology | Software - Application | -0.40 |
| ORIQU | Origin Investment Corp I - Units (1 Ord Cls & 1/2 War) | $22M | Financial Services | Shell Companies | -0.40 |
| ETS | Elite Express Holding Inc - Class A | $13M | Industrials | Trucking | -0.40 |
| SAFX | XCF Global Inc | $145M | Utilities | Utilities - Renewable | -0.39 |
| EQV | EQV Ventures Acquisition Corp. | $466M | Financial Services | Shell Companies | -0.39 |