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55 Stocks and 45 ETFs for diversifying IBAT (ISHARES ENERGY STORAGE & MATERIALS ETF)

The least correlated asset to IBAT (ISHARES ENERGY STORAGE & MATERIALS ETF) is ETF JHDG (WISDOMTREE JAPAN HEDGED QUALITY DIVIDEND GROWTH FUND NA). The correlation is -1.

Stocks that lowly correlated with IBAT

SymbolName
Market cap
SectorIndustry
Correlation
PLMIUPlum Acquisition Corp I - Units (1 Ord Share Class A & 1/5 War)$232MN/AN/A-0.71
HPAIHelport AI Ltd$33MTechnologySoftware - Infrastructure-0.70
GORVLazydays Holdings Inc$1.58MConsumer CyclicalAuto & Truck Dealerships-0.63
BRBRBellring Brands Inc$1.01BConsumer DefensivePackaged Foods-0.60
RSGRepublic Services Inc$64BIndustrialsWaste Management-0.58
SRADSportradar Group AG - Class A$3.84BTechnologySoftware - Application-0.58
BRBroadridge Financial Solutions Inc$17BTechnologyInformation Technology Services-0.58
PTWOUSBC Medical Group Holdings Inc - Units (1 Ord Class A & 1 War)$1.13BN/AN/A-0.56
RAYAErayak Power Solution Group Inc - Class A$3.50MIndustrialsElectrical Equipment & Parts-0.56
PPCPilgrim`s Pride Corp$6.90BConsumer DefensivePackaged Foods-0.55
ADMAAdma Biologics Inc$1.84BHealthcareBiotechnology-0.55
CHYMChime Financial Inc - Class A$6.59BTechnologySoftware - Application-0.54
AACIWArmada Acquisition Corp I - Warrants (13/08/2026)$20MN/AN/A-0.53
WCNWaste Connections Inc$39BIndustrialsWaste Management-0.52
ASICAtegrity Specialty Holdings LLC$969MFinancial ServicesInsurance - Property & Casualty-0.52
PLNTPlanet Fitness Inc - Class A$4.15BConsumer CyclicalLeisure-0.51
LFTLument Finance Trust Inc$55MReal EstateReit - Mortgage-0.51
VRSKVerisk Analytics Inc$22BIndustrialsConsulting Services-0.51
TTANServiceTitan Inc - Class A$5.85BTechnologySoftware - Application-0.51
ZSPCZspace Inc$2.96MTechnologyComputer Hardware-0.51
FORLFour Leaf Acquisition Corporation Class A Common Stock$47MN/AN/A-0.50
PLMRPalomar Holdings Inc$2.90BFinancial ServicesInsurance - Property & Casualty-0.50
BROBrown & Brown Inc$19BFinancial ServicesInsurance Brokers-0.50
DPZDominos Pizza Inc$10BConsumer CyclicalRestaurants-0.49
SCAGScage Future$38MIndustrialsFarm & Heavy Construction Machinery-0.49
RLIRLI Corp$4.79BFinancial ServicesInsurance - Property & Casualty-0.49
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.48
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.48
BJBJ`s Wholesale Club Holdings Inc$11BConsumer DefensiveDiscount Stores-0.47
DMDesktop Metal Inc - Class A$165MN/AN/A-0.46
CRKComstock Resources Inc$3.89BEnergyOil & Gas E&p-0.46
TRUGTruGolf Holdings Inc - Class A$1.24MConsumer CyclicalLeisure-0.46
SPOTSpotify Technology S.A.$107BCommunication ServicesInternet Content & Information-0.46
MNDOMind C.T.I Ltd$20MTechnologySoftware - Application-0.46
HYACHaymaker Acquisition Corp. 4$330MFinancial ServicesShell Companies-0.46
CAPSCapstone Holding Corp$3.02MBasic MaterialsBuilding Materials-0.46
MDRRPMedalist Diversified REIT Inc$28MReal EstateReit - Diversified-0.46
HCKTHackett Group Inc (The)$282MTechnologyInformation Technology Services-0.45
GFLGFL Environmental Inc (Sub Voting)$13BIndustrialsWaste Management-0.45
ANNAAleAnna Inc - Class A$122MEnergyOil & Gas E&p-0.44
WAYWaystar Holding Corp$3.65BHealthcareHealth Information Services-0.44
GRNDGrindr Inc - Class A$2.26BTechnologySoftware - Application-0.44
LZMHLZ Technology Holdings Ltd - Class B$9.09MTechnologyInformation Technology Services-0.44
NFGNational Fuel Gas Company$7.44BEnergyOil & Gas Integrated-0.44
HROWLHarrow, Inc. 8.625% Senior Notes due 2026$996MN/ANone-0.44
SMPLSimply Good Foods Company$1.08BConsumer DefensivePackaged Foods-0.44
GGenpact Ltd$5.38BTechnologyInformation Technology Services-0.43
KUKEKuke Music Holding Limited American Depositary Shares (each representing ten (10) Class A Ordinary Shares)$5.93MCommunication ServicesEntertainment-0.43
OPFI-WSOppFi Inc Wt Exp 08312027$1.34MN/AN/A-0.43
BSXBoston Scientific Corp$75BHealthcareMedical Devices-0.43
ORLAOrla Mining Ltd$4.86BBasic MaterialsGold-0.43
ICCMIcecure Medical Ltd$16MHealthcareMedical Devices-0.42
JKHYJack Henry & Associates Inc$9.78BTechnologyInformation Technology Services-0.42
SFMSprouts Farmers Market Inc$8.39BConsumer DefensiveGrocery Stores-0.42
AZIAutozi Internet Technology (Global) Ltd - Class A$9.05MConsumer CyclicalAuto & Truck Dealerships-0.42

ETFs that lowly correlated with IBAT

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
JHDGWISDOMTREE JAPAN HEDGED QUALITY DIVIDEND GROWTH FUND NA$64M0.49%Apr 7, 2026-1.00
CLIMCLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF $1.30M0.90%Mar 11, 2026-1.00
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.78
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.77
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.71
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $21M1.03%Feb 11, 2025-0.70
WZRDOpportunistic Trader ETF$3.90M1.00%Jun 24, 2025-0.69
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.64
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.64
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.60
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.58
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.57
SHRTGOTHAM SHORT STRATEGIES ETF $17M1.35%Jul 31, 2017-0.57
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.57
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.57
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.56
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.55
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.55
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.55
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.55
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.54
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.54
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.54
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.53
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.52
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.51
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.50
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $4.80MN/AMar 31, 2025-0.48
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.47
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.47
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $16M0.96%Aug 8, 2022-0.47
TFLOISHARES TREASURY FLOATING RATE BOND ETF $6.70B0.15%Feb 4, 2014-0.47
ZSLProShares UltraShort Silver -2x Shares$145MN/ADec 1, 2008-0.47
CSCSDirexion Daily CSCO Bear 1X ETF$1.80M1.00%Jun 24, 2025-0.47
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.46
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.20MN/AMay 15, 2024-0.46
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.45
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $14M1.11%Aug 14, 2024-0.45
SGOVISHARES 0-3 MONTH TREASURY BOND ETF $85B0.09%May 26, 2020-0.44
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.44
BILSPDR(R) BLOOMBERG 1-3 MONTH T-BILL ETF $46B0.14%May 25, 2007-0.43
USFRWISDOMTREE FLOATING RATE TREASURY FUND $17B0.15%Feb 4, 2014-0.43
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.43
GGLSDIREXION DAILY GOOGL BEAR 1X SHARES $17M1.02%Sep 6, 2022-0.43
MSDDGRANITESHARES 2X SHORT MSTR DAILY ETF $1MN/AJun 9, 2025-0.42