Skip to main content

Want a detailed portfolio tracker?

16 Stocks and 84 ETFs for diversifying HEEM (ISHARES CURRENCY HEDGED MSCI EMERGING MARKETS ETF)

The least correlated asset to HEEM (ISHARES CURRENCY HEDGED MSCI EMERGING MARKETS ETF) is ETF EUM (ProShares Short MSCI Emerging Markets -1x Shares). The correlation is -0.9746.

Stocks that lowly correlated with HEEM

SymbolName
Market cap
SectorIndustry
Correlation
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.64
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.58
TMDETMD Energy Ltd$18MEnergyOil & Gas Midstream-0.58
GSRMBitcoin Depot Inc - Class A$54MN/AN/A-0.55
ASICAtegrity Specialty Holdings LLC$969MFinancial ServicesInsurance - Property & Casualty-0.50
HPAIHelport AI Ltd$33MTechnologySoftware - Infrastructure-0.49
ANNAAleAnna Inc - Class A$122MEnergyOil & Gas E&p-0.45
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.44
YSXTYsx Tech Co.Ltd - Class A$24MIndustrialsSpecialty Business Services-0.41
CRCLCircle Internet Group Inc - Class A$25BFinancial ServicesCapital Markets-0.39
SAFXXCF Global Inc$126MUtilitiesUtilities - Renewable-0.39
PROPPrairie Operating Co. Common Stock$81MEnergyOil & Gas E&p-0.39
ANGXAngel Studios Inc - Class A$474MCommunication ServicesEntertainment-0.38
WAYWaystar Holding Corp$3.65BHealthcareHealth Information Services-0.38
TRUGTruGolf Holdings Inc - Class A$1.24MConsumer CyclicalLeisure-0.38
AZIAutozi Internet Technology (Global) Ltd - Class A$9.05MConsumer CyclicalAuto & Truck Dealerships-0.37

ETFs that lowly correlated with HEEM

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.97
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.97
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.81
WZRDOpportunistic Trader ETF$3.90M1.00%Jun 24, 2025-0.81
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.81
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.80
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.78
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.75
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.75
YXIProShares Short FTSE China 50 -1x Shares$4.30M0.95%Mar 16, 2010-0.73
FXPProShares UltraShort FTSE China 50 -2x Shares$5.60MN/ANov 6, 2007-0.73
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.70
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.70
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.70
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.70
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.69
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.69
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.69
YANGDIREXION DAILY FTSE CHINA BEAR 3X SHARES $110MN/ADec 3, 2009-0.68
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.68
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.68
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.67
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.67
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.67
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.67
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.66
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.66
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.66
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.65
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.64
NFLWROUNDHILL NFLX WEEKLYPAY ETF $16MN/AJun 17, 2025-0.64
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.64
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.62
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.62
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.61
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.60
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.59
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.59
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.57
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.57
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $21M1.03%Feb 11, 2025-0.57
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.57
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.56
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.56
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.56
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.56
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.55
ZSLProShares UltraShort Silver -2x Shares$145MN/ADec 1, 2008-0.55
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.54
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $14M1.11%Aug 14, 2024-0.54
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.54
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.54
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.53
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.20MN/AMay 15, 2024-0.52
QIDPROSHARES ULTRASHORT QQQ $279MN/AJul 11, 2006-0.52
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $396M0.51%Dec 18, 2013-0.51
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.50
WTIDBank of Montreal$6.60MN/AFeb 16, 2023-0.49
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.49
SHRTGOTHAM SHORT STRATEGIES ETF $17M1.35%Jul 31, 2017-0.49
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3MN/AJun 16, 2009-0.48
FNGDBank of Montreal$68MN/AJan 22, 2018-0.48
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.47
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.47
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $4.80MN/AMar 31, 2025-0.47
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.46
RXDProShares UltraShort Health Care -2x Shares$4.90MN/AJan 30, 2007-0.46
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.44
QCMDDirexion Daily QCOM Bear 1X ETF$2M1.00%Jun 24, 2025-0.43
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $23M0.50%Mar 6, 2024-0.42
UUPInvesco DB US Dollar Index Bullish Fund$352M0.75%Feb 20, 2007-0.41
NVDSTradr 1.5X Short NVDA Daily ETF$23MN/AJul 13, 2022-0.41
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $9.80M1.05%Jul 23, 2024-0.41
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $75MN/AAug 21, 2023-0.41
TNGYTORTOISE ENERGY ETF $600M0.85%Dec 27, 2010-0.41
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $16M0.96%Aug 8, 2022-0.40
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $40MN/ANov 6, 2008-0.40
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$1.10BN/ANov 24, 2008-0.39
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.39
GGLSDIREXION DAILY GOOGL BEAR 1X SHARES $17M1.02%Sep 6, 2022-0.38
CSCSDirexion Daily CSCO Bear 1X ETF$1.80M1.00%Jun 24, 2025-0.38
NFXLDIREXION DAILY NFLX BULL 2X SHARES $176MN/AOct 2, 2024-0.38
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.38
OILDBank of Montreal$19MN/ANov 8, 2021-0.37