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35 Stocks and 65 ETFs for diversifying IBB (ISHARES BIOTECHNOLOGY ETF)

The least correlated asset to IBB (ISHARES BIOTECHNOLOGY ETF) is ETF BIS (ProShares UltraShort Nasdaq Biotechnology -2x Shares). The correlation is -0.9825.

Stocks that lowly correlated with IBB

SymbolName
Market cap
SectorIndustry
Correlation
EPWKEPWK Holdings Ltd - Class A$9.78KTechnologySoftware - Application-0.78
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.66
STRZStarz Entertainment Corp$380MCommunication ServicesEntertainment-0.64
IBACIB Acquisition Corp$46MFinancial ServicesShell Companies-0.62
CRCLCircle Internet Group Inc - Class A$25BFinancial ServicesCapital Markets-0.60
ZYBTZhengye Biotechnology Holding Ltd$41MHealthcareDrug Manufacturers - Specialty & Generic-0.57
PRMBPrimo Brands Corp - Class A$8.97BConsumer DefensiveBeverages - Non-alcoholic-0.56
TGEGeneration Essentials Group - Class A$370MFinancial ServicesAsset Management-0.53
WETOWebus International Ltd$11MTechnologySoftware - Infrastructure-0.53
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.53
VNTGVantage Corp - Class A$19MIndustrialsMarine Shipping-0.51
JLHLJulong Holding Ltd - Class A$457MIndustrialsBuilding Products & Equipment-0.49
YSXTYsx Tech Co.Ltd - Class A$24MIndustrialsSpecialty Business Services-0.49
BMGLBasel Medical Group Ltd$11MHealthcareMedical Care Facilities-0.48
HSPTRHorizon Space Acquisition II Corp Right$763KN/AN/A-0.47
SAFXXCF Global Inc$126MUtilitiesUtilities - Renewable-0.45
CHAChagee Holdings Ltd$1.65BConsumer CyclicalRestaurants-0.45
DFDVDeFi Development Corp$127MFinancial ServicesAsset Management-0.45
HNGEHinge Health Inc - Class A$4.21BHealthcareHealth Information Services-0.44
RAYRaytech Holding Ltd$9.91MConsumer DefensiveHousehold & Personal Products-0.44
FMFCKandal M Venture Ltd - Class A$6.81MConsumer CyclicalFootwear & Accessories-0.42
ASICAtegrity Specialty Holdings LLC$969MFinancial ServicesInsurance - Property & Casualty-0.42
HCAIHuachen AI Parking Management Technology Holding Co. Ltd$13MIndustrialsFarm & Heavy Construction Machinery-0.41
BOWBowhead Specialty Holdings Inc$886MFinancial ServicesInsurance - Property & Casualty-0.41
RAAQReal Asset Acquisition Corp - Class A$196MFinancial ServicesShell Companies-0.41
UCFICN Healthy Food Tech Group Corp$288MFinancial ServicesShell Companies-0.41
IROHIron Horse Acquisitions Corp$263MFinancial ServicesShell Companies-0.41
AZIAutozi Internet Technology (Global) Ltd - Class A$9.05MConsumer CyclicalAuto & Truck Dealerships-0.41
CENNCenntro Electric Group Ltd$6.62MConsumer CyclicalAuto Manufacturers-0.39
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.39
BOWNBowen Acquisition Corp$21MFinancial ServicesShell Companies-0.39
ETOREtoro Group Ltd - Class A$3.64BFinancial ServicesCapital Markets-0.39
FATNFatpipe Inc$68MTechnologySoftware - Infrastructure-0.38
NCEWNew Century Logistics (BVI) Ltd$58MIndustrialsIntegrated Freight & Logistics-0.37
LOARLoar Holdings Inc$5.82BIndustrialsAerospace & Defense-0.36

ETFs that lowly correlated with IBB

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.98
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.87
RXDProShares UltraShort Health Care -2x Shares$4.90MN/AJan 30, 2007-0.78
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.63
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.63
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.63
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.62
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.62
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.61
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.59
TNGYTORTOISE ENERGY ETF $600M0.85%Dec 27, 2010-0.59
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.59
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.58
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.58
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.57
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.57
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.57
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.57
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.57
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.57
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.57
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.57
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.56
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.56
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.56
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.56
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.56
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $228M1.04%Sep 30, 2021-0.55
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.54
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.54
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.54
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.54
MSIIREX MSTR GROWTH & INCOME ETF $4.40MN/AJun 3, 2025-0.53
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.52
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.52
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.52
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.52
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.51
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.50
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.50
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.49
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.49
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.48
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.48
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.48
QIDPROSHARES ULTRASHORT QQQ $279MN/AJul 11, 2006-0.48
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.48
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.47
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.47
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.46
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $210M0.50%May 10, 2021-0.45
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.45
TEXNiShares Texas Equity ETF$17M0.20%Jun 23, 2025-0.43
IMSTBITWISE MSTR OPTION INCOME STRATEGY ETF $18M0.96%Apr 1, 2025-0.43
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.43
MSTPGRANITESHARES 2X LONG MSTR DAILY ETF $11MN/AJun 9, 2025-0.41
NFLWROUNDHILL NFLX WEEKLYPAY ETF $16MN/AJun 17, 2025-0.40
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $307M0.90%Dec 1, 2020-0.39
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $33MN/AJul 16, 2009-0.39
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.38
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $16M0.96%Aug 8, 2022-0.37
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.37
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.37
QUSAVistaShares Target 15 USA Quality Income ETF$18M0.95%May 5, 2025-0.37
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.36