Skip to main content

Want a detailed portfolio tracker?

31 Stocks and 69 ETFs for diversifying HWAY (THEMES US INFRASTRUCTURE ETF)

The least correlated asset to HWAY (THEMES US INFRASTRUCTURE ETF) is ETF NTRL (First Trust Equity Market Neutral ETF). The correlation is -1.

Stocks that lowly correlated with HWAY

SymbolName
Market cap
SectorIndustry
Correlation
RBCPRBC Bearings Incorporated 5.00 Series A Mandatory Convertible Preferred Stock$3.64BN/AN/A-1.00
ITIIteris Inc$316MN/AN/A-0.90
TWKSThoughtworks Holding Inc$1.45BN/AN/A-0.89
AACIWArmada Acquisition Corp I - Warrants (13/08/2026)$20MN/AN/A-0.89
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.66
LHAILinkhome Holdings Inc$19MReal EstateReal Estate Services-0.57
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.55
CVIIChurchill Capital Corp VII - Class A$570MFinancial ServicesShell Companies-0.54
MCACUConnectM Technology Solutions Inc - Units (1 Ord Class A 1 War & 1 Right)$70MFinancial ServicesShell Companies-0.54
AILEiLearningEngines Holdings Inc - Class A$59MTechnologySoftware - Infrastructure-0.54
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.53
LXEHLixiang Education Holding Co Ltd$2.70MConsumer DefensiveEducation & Training Services-0.53
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.53
MLGOMicroAlgo Inc$31MTechnologySoftware - Infrastructure-0.51
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.50
VSTAVasta Platform Ltd Class A$394MConsumer DefensiveEducation & Training Services-0.50
HFFGHF Foods Group Inc$90MConsumer DefensiveFood Distribution-0.49
LANVLanvin Group Holdings Ltd - Class A$157MConsumer CyclicalLuxury Goods-0.48
PLBLPolibeli Group Ltd$2.84BConsumer CyclicalDepartment Stores-0.47
BMGLBasel Medical Group Ltd$9.61MHealthcareMedical Care Facilities-0.46
ANNAAleAnna Inc - Class A$131MEnergyOil & Gas E&p-0.46
CMRXChimerix Inc$766MHealthcareBiotechnology-0.46
FRESFresh2 Group Limited$2.97MHealthcareDiagnostics & Research-0.46
OPOFOld Point Financial Corp$215MFinancial ServicesBanks - Regional-0.46
OYSEOyster Enterprises II Acquisition Corp$268MFinancial ServicesShell Companies-0.46
GECCOGreat Elm Capital Corp$351MN/AN/A-0.46
ANGXAngel Studios Inc - Class A$709MCommunication ServicesEntertainment-0.45
DGNXDiginex Ltd$28MIndustrialsConsulting Services-0.45
CAPSCapstone Holding Corp$2.58MBasic MaterialsBuilding Materials-0.45
FIGXUFIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$35MFinancial ServicesShell Companies-0.45
CPSRGelesis Holdings Inc - Class A$1.87BN/AN/A-0.45

ETFs that lowly correlated with HWAY

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
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.92
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.89
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.88
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.87
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.87
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.87
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.86
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.82
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.82
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.81
CLIMCLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF $1.30M0.90%Mar 11, 2026-0.81
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.79
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.79
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.77
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.77
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.77
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.76
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.76
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $19M1.01%Sep 12, 2023-0.72
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.72
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.71
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $61MN/AAug 21, 2023-0.70
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.70
NVDQT-REX 2X INVERSE NVIDIA DAILY TARGET ETF $22MN/AOct 18, 2023-0.70
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.67
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.67
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.67
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.67
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.67
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.66
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.66
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.66
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.65
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.65
SHRTGOTHAM SHORT STRATEGIES ETF $14M1.35%Jul 31, 2017-0.64
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.64
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.64
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.63
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.63
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.62
FIYYGRANITESHARES YIELDBOOST 20Y+ TREASURIES ETF $732K1.07%May 4, 2026-0.61
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.60
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.60
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.58
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.58
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.57
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.57
IBICISHARES IBONDS OCT 2026 TERM TIPS ETF $86M0.10%Sep 13, 2023-0.57
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.55
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.55
NOWLGRANITESHARES 2X LONG NOW DAILY ETF $286MN/AJul 14, 2025-0.55
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.54
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.53
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.53
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.53
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $13MN/AMar 31, 2025-0.53
SHPUDIREXION DAILY SHOP BULL 2X ETF $15MN/AAug 5, 2025-0.52
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.52
CAOSALPHA ARCHITECT TAIL RISK ETF $705M0.63%Aug 14, 2013-0.51
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.50
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.50
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $16M1.03%Feb 11, 2025-0.46
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.45
PANGLEVERAGE SHARES 2X LONG PANW DAILY ETF $8.90MN/AMar 20, 2025-0.45
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.45
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.45