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16 Stocks and 84 ETFs for diversifying GXDW (GLOBAL X DORSEY WRIGHT THEMATIC ETF)

The least correlated asset to GXDW (GLOBAL X DORSEY WRIGHT THEMATIC ETF) is ETF PSQ (ProShares Short QQQ -1x Shares). The correlation is -0.8106.

Stocks that lowly correlated with GXDW

SymbolName
Market cap
SectorIndustry
Correlation
ASICAtegrity Specialty Holdings LLC$1.08BFinancial ServicesInsurance - Property & Casualty-0.61
APADEnhanced Group Inc - Class A$161MFinancial ServicesShell Companies-0.56
PLBLPolibeli Group Ltd$2.84BConsumer CyclicalDepartment Stores-0.52
GSHRGesher Acquisition Corp II - Class A$157MFinancial ServicesShell Companies-0.50
GIBOGIBO Holdings Ltd$106MCommunication ServicesInternet Content & Information-0.49
PGACPantages Capital Acquisition Corp Cl A Ord Shs$118MFinancial ServicesShell Companies-0.49
GIGGigCapital7 Corp - Class A$353MFinancial ServicesShell Companies-0.48
FVNNRFuture Vision II Acquisition Corporation Right$341KN/AN/A-0.46
JCAPJefferson Capital Inc$1.06BFinancial ServicesCredit Services-0.46
RNERUMount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt)$125MN/AN/A-0.46
SIShoulder Innovations Inc$452MN/AN/A-0.44
GSRMBitcoin Depot Inc - Class A$54MN/AN/A-0.43
UBXGU-BX Technology Ltd$6.42MCommunication ServicesAdvertising Agencies-0.43
AVBCAvidia Bancorp Inc$407MFinancial ServicesBanks - Regional-0.43
LGPSLogProstyle Inc$26MIndustrialsConglomerates-0.43
WTGURWintergreen Acquisition Corp$237KN/AN/A-0.41

ETFs that lowly correlated with GXDW

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.81
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.80
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.80
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.79
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.79
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.78
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.77
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.77
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.76
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.76
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.76
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.75
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.73
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.73
QCMDDirexion Daily QCOM Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.73
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.72
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.72
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.72
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.72
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.70
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.68
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.68
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.67
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.66
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.66
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.66
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.65
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.65
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $16M1.03%Feb 11, 2025-0.65
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.65
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.64
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.63
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.63
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.63
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.63
WNTRYieldMax Short MSTR Option Income Strategy ETF$81M1.00%Mar 26, 2025-0.63
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.63
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.63
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.62
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.61
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $13MN/AMar 31, 2025-0.61
RTXGLeverage Shares 2X Long RTX Daily ETF$4.50MN/AJun 5, 2025-0.61
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.60
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.60
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.60
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.59
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.58
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.58
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.58
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.57
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.57
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.56
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.54
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.54
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.53
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $10M1.02%Sep 6, 2022-0.52
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.51
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.51
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.51
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $61MN/AAug 21, 2023-0.51
SHRTGOTHAM SHORT STRATEGIES ETF $14M1.35%Jul 31, 2017-0.51
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.50
YXIProShares Short FTSE China 50 -1x Shares$5M0.95%Mar 16, 2010-0.47
NVDQT-REX 2X INVERSE NVIDIA DAILY TARGET ETF $22MN/AOct 18, 2023-0.47
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.47
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $19M1.01%Sep 12, 2023-0.46
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.46
FXPProShares UltraShort FTSE China 50 -2x Shares$7.60MN/ANov 6, 2007-0.46
BTCZT-REX 2X INVERSE BITCOIN DAILY TARGET ETF $30MN/AJul 9, 2024-0.44
MSFDDIREXION DAILY MSFT BEAR 1X SHARES $11M1.02%Sep 6, 2022-0.43
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.43
SBITProShares UltraShort Bitcoin ETF$219MN/AApr 1, 2024-0.43
CONIGRANITESHARES 2X SHORT COIN DAILY ETF $16MN/ASep 4, 2024-0.43
BITIProShares Short Bitcoin ETF$144M1.01%Jun 21, 2022-0.43
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $29MN/AJul 16, 2009-0.43
SETHProShares Short Ether ETF$23M0.95%Nov 1, 2023-0.42
YANGDIREXION DAILY FTSE CHINA BEAR 3X SHARES $104MN/ADec 3, 2009-0.42
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.41
CSCSDirexion Daily CSCO Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.41
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.41
ETHDProShares UltraShort Ether ETF$86MN/AJun 6, 2024-0.41
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $14M0.96%Aug 8, 2022-0.41
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.40
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.40