Overview Holdings Performance Dividends Similar Etfs Correlations

18 Stocks and 82 ETFs for diversifying GRID (FIRST TRUST NASDAQ CLEAN EDGE SMART GRID INFRASTRUCTURE INDEX FUND)

The least correlated asset to GRID (FIRST TRUST NASDAQ CLEAN EDGE SMART GRID INFRASTRUCTURE INDEX FUND) is ETF MYY (PROSHARES SHORT MIDCAP400). The correlation is -0.8458.

Stocks that lowly correlated with GRID

Symbol	Name	Market cap	Sector	Industry	Correlation
PLBL	Polibeli Group Ltd	$2.84B	Consumer Cyclical	Department Stores	-0.73
SI	Shoulder Innovations Inc	$452M	N/A	N/A	-0.67
NIQ	NIQ Global Intelligence plc	$3.24B	N/A	N/A	-0.61
FIGXU	FIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War)	$35M	Financial Services	Shell Companies	-0.59
CLIK	Click Holdings Ltd	$4.19M	Consumer Cyclical	Personal Services	-0.58
ASIC	Ategrity Specialty Holdings LLC	$1.08B	Financial Services	Insurance - Property & Casualty	-0.54
TMDE	TMD Energy Ltd	$21M	Energy	Oil & Gas Midstream	-0.54
LHAI	Linkhome Holdings Inc	$19M	Real Estate	Real Estate Services	-0.52
OYSE	Oyster Enterprises II Acquisition Corp	$268M	Financial Services	Shell Companies	-0.50
LGPS	LogProstyle Inc	$26M	Industrials	Conglomerates	-0.48
GIBO	GIBO Holdings Ltd	$106M	Communication Services	Internet Content & Information	-0.44
JCAP	Jefferson Capital Inc	$1.06B	Financial Services	Credit Services	-0.42
IROHU	CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)	$453M	N/A	N/A	-0.41
MH	McGraw Hill Inc	$1.95B	Consumer Defensive	Education & Training Services	-0.40
CHYM	Chime Financial Inc - Class A	$8.43B	Technology	Software - Application	-0.40
PVLA	Palvella Therapeutics Inc	$2.18B	Healthcare	Biotechnology	-0.40
PGAC	Pantages Capital Acquisition Corp Cl A Ord Shs	$118M	Financial Services	Shell Companies	-0.40
HNGE	Hinge Health Inc - Class A	$6.74B	Healthcare	Health Information Services	-0.40

ETFs that lowly correlated with GRID

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
MYY	PROSHARES SHORT MIDCAP400	$2.90M	0.95%	Jun 19, 2006	-0.85
TWM	ProShares UltraShort Russell2000 -2x Shares	$38M	N/A	Jan 23, 2007	-0.84
RWM	PROSHARES SHORT RUSSELL2000	$113M	0.95%	Jan 23, 2007	-0.84
SIJ	ProShares UltraShort Industrials -2x Shares	$5.50M	N/A	Jan 30, 2007	-0.84
MZZ	PROSHARES ULTRASHORT MIDCAP400	$2.40M	N/A	Jul 11, 2006	-0.84
SH	ProShares Short S&P500 -1x Shares	$973M	0.89%	Jun 19, 2006	-0.84
SPDN	DIREXION DAILY S&P 500 (R) BEAR 1X SHARES	$195M	0.48%	Jun 8, 2016	-0.83
SDS	ProShares UltraShort S&P500 -2x Shares	$398M	N/A	Jul 11, 2006	-0.83
SBB	ProShares Short SmallCap600 -1x Shares	$3.30M	0.95%	Jan 23, 2007	-0.81
EFZ	ProShares Short MSCI EAFE -1X Shares	$12M	0.95%	Oct 23, 2007	-0.81
TSMZ	DIREXION DAILY TSM BEAR 1X SHARES	$2.80M	1.01%	Oct 2, 2024	-0.81
HIBS	Direxion Daily S&P 500 High Beta Bear 3X Shares	$17M	N/A	Nov 7, 2019	-0.80
EFU	ProShares UltraShort MSCI EAFE -2x Shares	$1.20M	N/A	Oct 23, 2007	-0.80
SDD	PROSHARES ULTRASHORT SMALLCAP600	$1.20M	N/A	Jan 23, 2007	-0.80
EPV	ProShares UltraShort FTSE Europe -2X Shares	$13M	N/A	Jun 16, 2009	-0.77
DOG	PROSHARES SHORT DOW30	$111M	0.95%	Jun 19, 2006	-0.77
SDOW	ProShares UltraPro Short Dow30 -3x Shares	$185M	N/A	Feb 9, 2010	-0.77
DXD	PROSHARES ULTRASHORT DOW30	$46M	N/A	Jul 11, 2006	-0.76
PSQ	ProShares Short QQQ -1x Shares	$601M	0.95%	Jun 19, 2006	-0.76
SMN	ProShares UltraShort Materials	$4.10M	N/A	Jan 30, 2007	-0.76
SJB	PROSHARES SHORT HIGH YIELD	$56M	0.95%	Mar 21, 2011	-0.75
EWV	ProShares UltraShort MSCI Japan -2x Shares	$5.70M	N/A	Nov 6, 2007	-0.75
EMTY	ProShares Decline of the Retail Store ETF -1x Shares	$3M	0.65%	Nov 14, 2017	-0.74
EUM	ProShares Short MSCI Emerging Markets -1x Shares	$9.80M	0.95%	Oct 30, 2007	-0.74
DWSH	ADVISORSHARES DORSEY WRIGHT SHORT ETF	$11M	6.22%	Jul 10, 2018	-0.74
EEV	ProShares UltraShort MSCI Emerging Markets -2x Shares	$2.60M	N/A	Oct 30, 2007	-0.73
SEF	ProShares Short Financials -1x Shares	$14M	0.95%	Jun 10, 2008	-0.72
HDGE	ADVISORSHARES RANGER EQUITY BEAR ETF	$66M	3.62%	Jan 26, 2011	-0.72
SKF	ProShares UltraShort Financials -2x Shares	$11M	N/A	May 23, 2007	-0.71
SCC	ProShares UltraShort Consumer Discretionary	$6.80M	N/A	Jan 30, 2007	-0.70
REK	PROSHARES SHORT REAL ESTATE	$9.80M	0.95%	Mar 16, 2010	-0.69
SZK	ProShares UltraShort Consumer Staples	$4.70M	N/A	Jan 30, 2007	-0.68
SRS	ProShares UltraShort Real Estate -2x Shares	$16M	N/A	Jan 30, 2007	-0.68
DIPS	YIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF	$8.20M	1.05%	Jul 23, 2024	-0.67
QBER	TRUESHARES QUARTERLY BEAR HEDGE ETF	$82M	0.79%	Jun 28, 2024	-0.67
SMDD	ProShares UltraPro Short MidCap400 -3x Shares	$1.90M	N/A	Feb 9, 2010	-0.67
BNKD	Bank of Montreal	$1.10M	N/A	Feb 20, 2025	-0.66
YQQQ	YIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF	$16M	1.11%	Aug 14, 2024	-0.66
EDZ	DIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES	$14M	N/A	Dec 17, 2008	-0.66
WEBS	DIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES	$8.70M	N/A	Nov 7, 2019	-0.64
BTAL	AGF U.S. MARKET NEUTRAL ANTI-BETA FUND	$283M	1.40%	Sep 13, 2011	-0.63
REW	ProShares UltraShort Technology -2x Shares	$2.80M	N/A	Jan 30, 2007	-0.62
NVDS	Tradr 1.5X Short NVDA Daily ETF	$18M	N/A	Jul 13, 2022	-0.61
SPXU	ProShares UltraPro Short S&P 500	$427M	N/A	Jun 23, 2009	-0.61
SMCZ	DEFIANCE DAILY TARGET 2X SHORT SMCI ETF	$13M	N/A	Mar 31, 2025	-0.60
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	$35M	0.89%	Jan 17, 2018	-0.60
UVIX	2x Long VIX Futures ETF	$290M	N/A	Mar 28, 2022	-0.60
VIXM	ProShares VIX Mid-Term Futures ETF	$40M	0.92%	Jan 3, 2011	-0.60
TAIL	CAMBRIA TAIL RISK ETF	$147M	0.59%	Apr 5, 2017	-0.60
AIBD	Direxion Daily AI and Big Data Bear 2X ETF	$4.70M	N/A	May 15, 2024	-0.60
SHPU	DIREXION DAILY SHOP BULL 2X ETF	$15M	N/A	Aug 5, 2025	-0.59
NVD	GRANITESHARES 2X SHORT NVDA DAILY ETF	$61M	N/A	Aug 21, 2023	-0.57
LABD	DIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&AMP;P BIOTECH BEAR 3X SHARES	$69M	N/A	May 28, 2015	-0.55
AVS	DIREXION DAILY AVGO BEAR 1X SHARES	$7.50M	1.03%	Oct 9, 2024	-0.55
MUD	Direxion Daily MU Bear 1X Shares	$76M	1.02%	Oct 9, 2024	-0.55
NVDQ	T-REX 2X INVERSE NVIDIA DAILY TARGET ETF	$22M	N/A	Oct 18, 2023	-0.53
QQQD	DIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES	$35M	0.50%	Mar 6, 2024	-0.53
QID	PROSHARES ULTRASHORT QQQ	$233M	N/A	Jul 11, 2006	-0.53
SARK	TRADR 1X SHORT INNOVATION DAILY ETF	$43M	0.92%	Nov 5, 2021	-0.53
NVDD	DIREXION DAILY NVDA BEAR 1X SHARES	$19M	1.01%	Sep 12, 2023	-0.52
NOWL	GRANITESHARES 2X LONG NOW DAILY ETF	$286M	N/A	Jul 14, 2025	-0.52
TAPR	Barclays Bank PLC	$11M	0.79%	Mar 31, 2025	-0.51
AMDD	T-REX 2X INVERSE AMD DAILY TARGET ETF	$16M	1.03%	Feb 11, 2025	-0.51
BIS	ProShares UltraShort Nasdaq Biotechnology -2x Shares	$2.20M	N/A	Apr 6, 2010	-0.51
SHRT	GOTHAM SHORT STRATEGIES ETF	$14M	1.35%	Jul 31, 2017	-0.50
RISR	FOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF	$274M	1.04%	Sep 30, 2021	-0.49
DRIP	Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF	$131M	N/A	May 28, 2015	-0.48
RXD	ProShares UltraShort Health Care -2x Shares	$3.20M	N/A	Jan 30, 2007	-0.47
WNTR	YieldMax Short MSTR Option Income Strategy ETF	$81M	1.00%	Mar 26, 2025	-0.47
DUG	ProShares UltraShort Energy	$27M	N/A	Jan 30, 2007	-0.46
DRV	DIREXION DAILY REAL ESTATE BEAR 3X SHARES	$29M	N/A	Jul 16, 2009	-0.46
SDP	ProShares UltraShort Utilities -2x Shares	$3.90M	N/A	Jan 30, 2007	-0.46
BRKU	DIREXION DAILY BRKB BULL 2X SHARES	$45M	N/A	Dec 10, 2024	-0.44
USDU	WISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND	$433M	0.51%	Dec 18, 2013	-0.44
PFIX	SIMPLIFY INTEREST RATE HEDGE ETF	$176M	0.50%	May 10, 2021	-0.44
ERY	DIREXION DAILY ENERGY BEAR 2X SHARES	$49M	N/A	Nov 6, 2008	-0.44
METD	DIREXION DAILY META BEAR 1X SHARES	$7.90M	1.02%	Jun 5, 2024	-0.43
WTID	Bank of Montreal	$18M	N/A	Feb 16, 2023	-0.43
SLTY	YIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF	$19M	1.25%	Aug 20, 2025	-0.40
SKRE	TUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF	$5.20M	N/A	Jan 3, 2024	-0.40
RTXG	Leverage Shares 2X Long RTX Daily ETF	$4.50M	N/A	Jun 5, 2025	-0.40
OILD	Bank of Montreal	$53M	N/A	Nov 8, 2021	-0.40