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62 Stocks and 38 ETFs for diversifying GKAT (SCHARF GLOBAL OPPORTUNITY ETF)

The least correlated asset to GKAT (SCHARF GLOBAL OPPORTUNITY ETF) is ETF NTRL (First Trust Equity Market Neutral ETF). The correlation is -1.

Stocks that lowly correlated with GKAT

SymbolName
Market cap
SectorIndustry
Correlation
TURN180 Degree Capital Corp$50MFinancial ServicesAsset Management-1.00
THTXTheratechnologies Inc$167MHealthcareBiotechnology-1.00
OLOOlo Inc - Class A$1.87BTechnologySoftware - Application-1.00
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-1.00
DRRXDurect Corp$60MHealthcareDrug Manufacturers - Specialty & Generic-1.00
DALNDallasNews Corporation - Class A$88MN/AN/A-1.00
ANTEAirNet Technology Inc$89MN/AN/A-1.00
YMABY-Mabs Therapeutics Inc$390MHealthcareBiotechnology-1.00
VRNAVerona Pharma Plc$78BHealthcareBiotechnology-0.99
MGRMMonogram Technologies Inc$213MHealthcareMedical Devices-0.99
SRDXSurmodics Inc$614MHealthcareMedical Devices-0.98
PHLTPerformant Healthcare Inc$626MHealthcareHealth Information Services-0.97
ADNAdvent Technologies Holdings, Inc. Class A Common Stock$2.71MIndustrialsElectrical Equipment & Parts-0.97
MLNKMeridianLink, Inc.$170MTechnologySoftware - Application-0.96
ERJEmbraer S.A.$12BIndustrialsAerospace & Defense-0.96
AVDXAvidXchange Holdings Inc$2.07BTechnologySoftware - Infrastructure-0.94
COOPMr. Cooper Group Inc$14BFinancial ServicesMortgage Finance-0.94
AACIWArmada Acquisition Corp I - Warrants (13/08/2026)$20MN/AN/A-0.92
EVOKEvoke Pharma Inc$19MHealthcareDrug Manufacturers - Specialty & Generic-0.90
CUBI-P-FCustomers Bancorp Inc$842MN/AOther-0.88
AVDLAvadel Pharmaceuticals plc$2.10BHealthcareDrug Manufacturers - Specialty & Generic-0.87
IMABI-Mab$340MHealthcareBiotechnology-0.86
ELPCia Paranaense De Energia Copel$6.88BUtilitiesUtilities - Regulated Electric-0.86
GSRMBitcoin Depot Inc - Class A$54MN/AN/A-0.77
LVTXLAVA Therapeutics NV$46MHealthcareBiotechnology-0.76
SMTKSmartKem, Inc. Common Stock$4.23MTechnologySemiconductor Equipment & Materials-0.71
EWEdwards Lifesciences Corp$50BHealthcareMedical Devices-0.70
COKECoca-Cola Consolidated Inc$13BConsumer DefensiveBeverages - Non-alcoholic-0.69
APPNAppian Corp - Class A$1.86BTechnologySoftware - Infrastructure-0.69
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.69
DECN/A$961MEnergyOil & Gas Integrated-0.69
MSAIMultiSensor AI Holdings Inc$11MTechnologyElectronic Components-0.67
SOHOSotherly Hotels Inc$46MReal EstateReit - Hotel & Motel-0.67
FSLYFastly Inc - Class A$3.13BTechnologySoftware - Application-0.66
NETDNabors Energy Transition Corp II - Class A$73MFinancial ServicesShell Companies-0.66
ATPCAgape ATP Corp$2.52MConsumer DefensivePackaged Foods-0.66
MOBXMobix Labs Inc - Class A$20MTechnologySemiconductors-0.65
LOCOEl Pollo Loco Holdings Inc$501MConsumer CyclicalRestaurants-0.65
DAWNDay One Biopharmaceuticals Inc$2.22BHealthcareBiotechnology-0.65
NEWTINewtekOne Inc$419MN/AN/A-0.63
EICBEagle Point Income Company Inc. 7.75% Series B Term Preferred Stock Due 2028$626MFinancial ServicesAsset Management-0.63
TECTPTectonic Financial Inc$40MFinancial ServicesBanks - Regional-0.63
PTGXProtagonist Therapeutics Inc$8.70BHealthcareBiotechnology-0.63
PARRPar Pacific Holdings Inc$3.54BEnergyOil & Gas Refining & Marketing-0.63
SAGTSagtec Global Ltd$18MTechnologySoftware - Application-0.63
PRAAPRA Group Inc$688MFinancial ServicesCredit Services-0.62
PBFPBF Energy Inc - Class A$6.89BEnergyOil & Gas Refining & Marketing-0.62
PMVPPMV Pharmaceuticals Inc$75MHealthcareBiotechnology-0.62
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.62
SENEBSeneca Foods Corp - Class B$1.20BConsumer DefensivePackaged Foods-0.62
YOUClear Secure Inc Class A$5.61BTechnologySoftware - Application-0.62
PVLAPalvella Therapeutics Inc$2.18BHealthcareBiotechnology-0.61
ANEBAnebulo Pharmaceuticals, Inc. Common Stock$14MHealthcareBiotechnology-0.61
ASNSActelis Networks Inc$2.02MTechnologyCommunication Equipment-0.61
ALTOAlto Ingredients Inc$405MBasic MaterialsSpecialty Chemicals-0.61
HRTGHeritage Insurance Holdings Inc$796MFinancial ServicesInsurance - Property & Casualty-0.61
BYSIBeyondSpring Inc$52MHealthcareBiotechnology-0.61
BCRXBiocryst Pharmaceuticals Inc$2.39BHealthcareDrug Manufacturers - Specialty & Generic-0.60
CDTXCidara Therapeutics Inc$6.49BHealthcareBiotechnology-0.60
TPETTrio Petroleum Corp$13MEnergyOil & Gas E&p-0.60
GSRTUGSR III Acquisition Corp - Units (1 Ord Class A & 1/7 Rts)$467MN/AN/A-0.60
XWELXWELL Inc$8.56MHealthcareDiagnostics & Research-0.60

ETFs that lowly correlated with GKAT

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
NTRLFirst Trust Equity Market Neutral ETF$19M0.95%Feb 4, 2020-1.00
XCOMUltra Communication Services Select Sector ETF$384KN/AJun 2, 2026-1.00
ONGLeverage Shares 2X Long ON Daily ETF$1.90MN/AJun 1, 2026-1.00
FIYYGRANITESHARES YIELDBOOST 20Y+ TREASURIES ETF $732K1.07%May 4, 2026-0.94
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.86
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.85
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.85
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.85
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.84
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.84
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.83
CLIMCLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF $1.30M0.90%Mar 11, 2026-0.82
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.81
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.81
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.80
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.79
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.78
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.78
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.78
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.76
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.74
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.73
UUPInvesco DB US Dollar Index Bullish Fund$436M0.75%Feb 20, 2007-0.73
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.72
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.70
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.70
EUOProShares UltraShort Euro -2X Shares$35MN/ANov 24, 2008-0.70
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.67
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.66
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.64
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.64
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.64
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.64
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.63
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.63
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.62
SOYBTeucrium Soybean Fund$48M1.00%Sep 16, 2011-0.61
SHRTGOTHAM SHORT STRATEGIES ETF $14M1.35%Jul 31, 2017-0.60