7 Stocks and 93 ETFs for diversifying IQM (FRANKLIN INTELLIGENT MACHINES ETF)
The least correlated asset to IQM (FRANKLIN INTELLIGENT MACHINES ETF) is ETF PSQ (ProShares Short QQQ -1x Shares). The correlation is -0.9187.
Stocks that lowly correlated with IQM
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.68 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.58 |
| ASIC | Ategrity Specialty Holdings LLC | $969M | Financial Services | Insurance - Property & Casualty | -0.57 |
| SOL | Emeren Group Ltd American Depositary Shares, each representing 10 shares | $100M | Technology | Solar | -0.50 |
| TMDE | TMD Energy Ltd | $18M | Energy | Oil & Gas Midstream | -0.49 |
| MCTR | CTRL Group Ltd | $15M | Communication Services | Advertising Agencies | -0.46 |
| AMRZ | Amrize Ltd | $29B | Basic Materials | Building Materials | -0.46 |