Overview Holdings Performance Dividends Correlations

43 Stocks and 57 ETFs for diversifying INDE (MATTHEWS INDIA ACTIVE ETF)

The least correlated asset to INDE (MATTHEWS INDIA ACTIVE ETF) is ETF XCOM (Ultra Communication Services Select Sector ETF). The correlation is -1.

Stocks that lowly correlated with INDE

Symbol	Name	Market cap	Sector	Industry	Correlation
FRBNU	Forbion European Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)	$316M	N/A	N/A	-1.00
BOAC	Bluescape Opportunities Acquisition Corp - Class A	$227M	N/A	N/A	-1.00
APGB	Apollo Strategic Growth Capital II - Class A	$372M	N/A	N/A	-1.00
WWACU	Aeries Technology Inc - Units (1 Ord Class A & 1/2 War)	$41M	N/A	N/A	-0.99
VCXA	10X Capital Venture Acquisition Corp II - Class A	$86M	N/A	N/A	-0.99
AMAO	American Acquisition Opportunity Inc - Class A	$118M	N/A	N/A	-0.97
ALOR	ALSP Orchid Acquisition Corp I - Class A	$22M	N/A	N/A	-0.95
BRLIU	Brilliant Acquisition Corp - Unit (1 Ordinary share 1 War and 1 Rts)	$6.42M	N/A	N/A	-0.95
ARTEU	Artemis Strategic Investment Corp - Units (1 Ord Share Class A & 1/2 War)	$263M	N/A	N/A	-0.92
BRLI	Brilliant Acquisition Corp	$5.92M	N/A	N/A	-0.91
ALORU	ALSP Orchid Acquisition Corp I - Units (1 Ord Class A & 1/2 War)	$22M	N/A	N/A	-0.89
VMW	Vmware Inc - Class A	$62B	N/A	N/A	-0.77
TMDE	TMD Energy Ltd	$21M	Energy	Oil & Gas Midstream	-0.77
CRCL	Circle Internet Group Inc - Class A	$16B	Financial Services	Capital Markets	-0.72
WTGUU	Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)	$18M	Financial Services	Shell Companies	-0.72
ESLT	Elbit Systems Ltd	$34B	Industrials	Aerospace & Defense	-0.60
AACIW	Armada Acquisition Corp I - Warrants (13/08/2026)	$20M	N/A	N/A	-0.58
BLSH	Bullish	$3.80B	Technology	Software - Infrastructure	-0.58
KGEI	Kolibri Global Energy Inc	$184M	Energy	Oil & Gas E&p	-0.58
APRN	Blue Apron Holdings Inc - Class A	$100M	N/A	N/A	-0.58
AIFF	WaveDancer Inc	$17M	Technology	Software - Application	-0.58
PTEN	Patterson-UTI Energy Inc	$3.74B	Energy	Oil & Gas Drilling	-0.57
CQP	Cheniere Energy Partners LP	$30B	Energy	Oil & Gas Midstream	-0.56
EONR	HNR Acquisition Corp	$21M	Energy	Oil & Gas E&p	-0.55
EQNR	Equinor ASA	$90B	Energy	Oil & Gas Integrated	-0.55
STRC	Microstrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock	$29B	Technology	Software - Application	-0.54
CURX	Curanex Pharmaceuticals Inc	$6.11M	Healthcare	Biotechnology	-0.53
USAC	USA Compression Partners LP	$3.86B	Energy	Oil & Gas Equipment & Services	-0.53
BANL	CBL International Ltd	$11M	Energy	Oil & Gas Midstream	-0.52
BDMD	Baird Medical Investment Holdings Ltd .	$34M	Healthcare	Medical Devices	-0.51
SHIP	Seanergy Maritime Holdings Corp	$322M	Industrials	Marine Shipping	-0.51
COP	Conoco Phillips	$136B	Energy	Oil & Gas E&p	-0.51
CTRA	Coterra Energy Inc.	$25B	Energy	Oil & Gas E&p	-0.51
AR	Antero Resources Corp	$10B	Energy	Oil & Gas E&p	-0.51
EOG	EOG Resources Inc	$73B	Energy	Oil & Gas E&p	-0.51
RRC	Range Resources Corp	$8.47B	Energy	Oil & Gas E&p	-0.50
OXY	Occidental Petroleum Corp	$53B	Energy	Oil & Gas E&p	-0.50
CPTK	Crown PropTech Acquisitions - Class A	$147M	N/A	N/A	-0.50
OVV	Ovintiv Inc	$16B	Energy	Oil & Gas E&p	-0.50
IBAC	IB Acquisition Corp	$46M	Financial Services	Shell Companies	-0.50
PNRG	PrimeEnergy Resources Corp	$305M	Energy	Oil & Gas E&p	-0.49
CRT	Cross Timbers Royalty Trust	$56M	Energy	Oil & Gas E&p	-0.49
CVX	Chevron Corp	$360B	Energy	Oil & Gas Integrated	-0.49

ETFs that lowly correlated with INDE

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
XCOM	Ultra Communication Services Select Sector ETF	$384K	N/A	Jun 2, 2026	-1.00
ONG	Leverage Shares 2X Long ON Daily ETF	$1.90M	N/A	Jun 1, 2026	-1.00
CLIM	CLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF	$1.30M	0.90%	Mar 11, 2026	-0.94
EMEM	SOPHUS CAPITAL EMERGING MARKET ETF	$61M	0.65%	May 19, 2026	-0.89
CCUP	T-REX 2X LONG CRCL DAILY TARGET ETF	$25M	N/A	Aug 8, 2025	-0.86
CRCG	LEVERAGE SHARES 2X LONG CRCL DAILY ETF	$67M	N/A	Aug 8, 2025	-0.86
JHDG	JOHN HANCOCK HEDGED EQUITY ETF	$90M	0.49%	Apr 7, 2026	-0.85
WTIP	WISDOMTREE INFLATION PLUS FUND	$21M	0.65%	Jun 16, 2025	-0.71
XLEI	STATE STREET(R) ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF	$40M	0.35%	Jul 29, 2025	-0.65
HARD	SIMPLIFY COMMODITIES STRATEGY NO K-1 ETF	$82M	0.78%	Mar 27, 2023	-0.64
PDBC	INVESCO OPTIMUM YIELD DIVERSIFIED COMMODITY STRATEGY NO K-1 ETF	$5.30B	0.59%	Nov 7, 2014	-0.64
DJP	iPath Bloomberg Commodity Index Total Return ETN	$850M	0.70%	Jun 6, 2006	-0.64
COMB	GRANITESHARES BLOOMBERG COMMODITY BROAD STRATEGY NO K-1 ETF	$122M	0.25%	May 19, 2017	-0.64
BCI	ABRDN BLOOMBERG ALL COMMODITY STRATEGY K-1 FREE ETF	$2.30B	0.26%	Mar 30, 2017	-0.64
DBC	Invesco DB Commodity Index Tracking Fund	$1.60B	0.85%	Feb 3, 2006	-0.63
NBCM	NEUBERGER BERMAN COMMODITY STRATEGY ETF	$400M	0.65%	Aug 27, 2012	-0.63
CMDY	ISHARES BLOOMBERG ROLL SELECT COMMODITY STRATEGY ETF	$523M	0.28%	Apr 3, 2018	-0.62
DCMT	DOUBLELINE COMMODITY STRATEGY ETF	$36M	0.66%	Jan 31, 2024	-0.62
FTGC	FIRST TRUST GLOBAL TACTICAL COMMODITY STRATEGY FUND	$2.70B	0.98%	Oct 22, 2013	-0.61
COMT	ISHARES GSCI COMMODITY DYNAMIC ROLL STRATEGY ETF	$1.10B	0.48%	Oct 15, 2014	-0.61
GSG	iShares S&P GSCI Commodity-Indexed Trust	$839M	0.75%	Jul 10, 2006	-0.61
DBO	Invesco DB Oil Fund	$216M	0.75%	Jan 5, 2007	-0.61
USOY	DEFIANCE OIL ENHANCED OPTIONS INCOME ETF	$56M	1.12%	May 9, 2024	-0.60
BCD	ABRDN BLOOMBERG ALL COMMODITY LONGER DATED STRATEGY K-1 FREE ETF	$384M	0.30%	Mar 30, 2017	-0.60
DBE	Invesco DB Energy Fund	$85M	0.75%	Jan 5, 2007	-0.60
PIT	VANECK COMMODITY STRATEGY ETF	$260M	0.55%	Dec 20, 2022	-0.60
CERY	STATE STREET(R) SPDR(R) BLOOMBERG ENHANCED ROLL YIELD COMMODITY STRATEGY NO K-1 ETF SPDR BLOOMBERG ENHANCED ROLL YIELD COMMODITY STRATEGY NO K-1 ETF	$979M	0.28%	Sep 4, 2024	-0.60
BNKD	Bank of Montreal	$1.10M	N/A	Feb 20, 2025	-0.60
BNO	United States Brent Crude Oil Fund	$544M	1.15%	Jun 2, 2010	-0.58
UCIB	UBS AG London Branch	$21M	0.55%	Oct 9, 2015	-0.58
CMCI	VANECK CMCI COMMODITY STRATEGY ETF	$2.70M	0.67%	Aug 21, 2023	-0.57
TNGY	TORTOISE ENERGY ETF	$515M	0.85%	Dec 27, 2010	-0.57
GXPE	GLOBAL X PURECAP MSCI ENERGY ETF	$1.20M	0.15%	Jul 22, 2025	-0.57
SDCI	USCF SUMMERHAVEN DYNAMIC COMMODITY STRATEGY NO K-1 FUND	$526M	0.60%	May 3, 2018	-0.56
CMDT	PIMCO COMMODITY STRATEGY ACTIVE EXCHANGE-TRADED FUND	$751M	0.65%	May 9, 2023	-0.56
BGR	Blackrock Energy & Resources Trust	$418M	N/A	N/A	-0.56
HFMF	UNLIMITED HFMF MANAGED FUTURES ETF	$22M	0.97%	Jul 14, 2025	-0.56
USCI	United States Commodity Index Fund	$337M	1.05%	Aug 10, 2010	-0.56
IMF	INVESCO MANAGED FUTURES STRATEGY ETF	$301M	0.65%	Mar 17, 2025	-0.56
CTA	SIMPLIFY MANAGED FUTURES STRATEGY ETF	$1.50B	0.75%	Mar 7, 2022	-0.56
UCO	ProShares Ultra Bloomberg Crude Oil 2x Shares	$312M	N/A	Nov 24, 2008	-0.55
USL	United States 12 Month Oil Fund LP	$41M	1.01%	Dec 6, 2007	-0.55
OILK	PROSHARES K-1 FREE CRUDE OIL STRATEGY ETF	$221M	0.69%	Sep 26, 2016	-0.55
USO	United States Oil Fund	$1.90B	0.86%	Apr 10, 2006	-0.54
HGER	HARBOR COMMODITY ALL-WEATHER STRATEGY ETF	$3.20B	0.68%	Feb 9, 2022	-0.53
NFLW	ROUNDHILL NFLX WEEKLYPAY ETF	$6.70M	N/A	Jun 17, 2025	-0.53
USNG	AMPLIFY SAMSUNG U.S. NATURAL GAS INFRASTRUCTURE ETF	$7.40M	0.59%	May 19, 2025	-0.52
HFSP	TRADERSAI LARGE CAP EQUITY & CASH ETF	$705K	1.25%	Oct 22, 2024	-0.51
COM	DIREXION AUSPICE BROAD COMMODITY STRATEGY ETF	$196M	0.72%	Mar 30, 2017	-0.50
FCG	FIRST TRUST NATURAL GAS ETF	$590M	0.59%	May 8, 2007	-0.50
GUSH	DIREXION DAILY S&P OIL & GAS EXP. & PROD. BULL 2X SHARES	$194M	N/A	May 28, 2015	-0.50
USE	USCF ENERGY COMMODITY STRATEGY ABSOLUTE RETURN FUND	$2.60M	0.79%	May 3, 2023	-0.49
OILU	Bank of Montreal	$48M	N/A	Nov 8, 2021	-0.49
FAAR	FIRST TRUST ALTERNATIVE ABSOLUTE RETURN STRATEGY ETF	$178M	0.98%	May 18, 2016	-0.49
RSPG	INVESCO S&P 500 EQUAL WEIGHT ENERGY ETF	$533M	0.40%	Nov 1, 2006	-0.49
WEEI	Westwood Salient Enhanced Energy Income ETF	$82M	0.85%	Apr 30, 2024	-0.49
DRLL	STRIVE U.S. ENERGY ETF	$261M	0.41%	Aug 8, 2022	-0.48