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26 Stocks and 74 ETFs for diversifying IPOS (RENAISSANCE INTERNATIONAL IPO ETF)

The least correlated asset to IPOS (RENAISSANCE INTERNATIONAL IPO ETF) is ETF EUM (ProShares Short MSCI Emerging Markets -1x Shares). The correlation is -0.8212.

Stocks that lowly correlated with IPOS

SymbolName
Market cap
SectorIndustry
Correlation
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.58
MHMcGraw Hill Inc$1.95BConsumer DefensiveEducation & Training Services-0.56
SLDESlide Insurance Holdings Inc$2.32BFinancial ServicesInsurance - Property & Casualty-0.53
APADUA Paradise Acquisition Corp Unit$67MFinancial ServicesShell Companies-0.53
MAMKMaxsMaking Inc - Class A$195MIndustrialsConglomerates-0.53
PLBLPolibeli Group Ltd$2.84BConsumer CyclicalDepartment Stores-0.52
ORIQUOrigin Investment Corp I - Units (1 Ord Cls & 1/2 War)$22MFinancial ServicesShell Companies-0.51
MAGHMagnitude International Ltd$230MIndustrialsEngineering & Construction-0.50
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.48
OFSSOOFS Capital Corp$341MN/AN/A-0.48
YOULYoulife Group Inc$41MConsumer DefensiveEducation & Training Services-0.48
LHAILinkhome Holdings Inc$19MReal EstateReal Estate Services-0.47
JCAPJefferson Capital Inc$1.06BFinancial ServicesCredit Services-0.47
HPAIHelport AI Ltd$21MTechnologySoftware - Infrastructure-0.45
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.45
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.45
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$18MFinancial ServicesShell Companies-0.44
GSHRGesher Acquisition Corp II - Class A$157MFinancial ServicesShell Companies-0.44
CVCapsoVision Inc$315MHealthcareMedical Devices-0.44
PLMKUPlum Acquisition Corp IV - Units (1 Ord cls A & 1/2 Warr)$213MFinancial ServicesShell Companies-0.41
NTWOUNewbury Street II Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$184MFinancial ServicesShell Companies-0.39
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.38
LBLandbridge Company LLC. - Class A$5.70BEnergyOil & Gas Equipment & Services-0.37
LGPSLogProstyle Inc$26MIndustrialsConglomerates-0.37
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.36
APADEnhanced Group Inc - Class A$161MFinancial ServicesShell Companies-0.36

ETFs that lowly correlated with IPOS

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.82
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.82
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.76
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.70
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.70
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.69
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.67
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.66
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.65
YXIProShares Short FTSE China 50 -1x Shares$5M0.95%Mar 16, 2010-0.64
FXPProShares UltraShort FTSE China 50 -2x Shares$7.60MN/ANov 6, 2007-0.63
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $13MN/AMar 31, 2025-0.61
NTRLFirst Trust Equity Market Neutral ETF$19M0.95%Feb 4, 2020-0.60
YANGDIREXION DAILY FTSE CHINA BEAR 3X SHARES $104MN/ADec 3, 2009-0.58
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.57
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.57
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.56
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.56
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.56
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.56
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.55
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.55
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.55
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.55
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.55
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.55
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.54
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.53
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.53
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.53
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.53
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.53
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.52
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.52
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.51
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.51
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.51
UUPInvesco DB US Dollar Index Bullish Fund$436M0.75%Feb 20, 2007-0.50
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.50
CXRNTEUCRIUM 2X DAILY CORN ETF $4MN/ADec 12, 2024-0.50
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.50
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.49
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.49
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.49
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.47
EUOProShares UltraShort Euro -2X Shares$35MN/ANov 24, 2008-0.47
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.47
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.46
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.46
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.46
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.46
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.46
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.45
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.44
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.44
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.44
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.43
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $16M1.03%Feb 11, 2025-0.43
BOXXALPHA ARCHITECT 1-3 MONTH BOX ETF $13B0.19%Dec 27, 2022-0.42
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.41
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.40
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.39
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.39
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.39
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.39
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.39
WZRDOpportunistic Trader ETF$976K1.00%Jun 24, 2025-0.39
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.38
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $176M0.50%May 10, 2021-0.38
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.38
WTIDBank of Montreal$18MN/AFeb 16, 2023-0.38
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.37
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.36
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.36