9 Stocks and 91 ETFs for diversifying IWM (ISHARES RUSSELL 2000 ETF)
The least correlated asset to IWM (ISHARES RUSSELL 2000 ETF) is ETF RWM (PROSHARES SHORT RUSSELL2000). The correlation is -0.9848.
Stocks that lowly correlated with IWM
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| TMDE | TMD Energy Ltd | $18M | Energy | Oil & Gas Midstream | -0.54 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.52 |
| TACH | Titan Acquisition Corp - Class A | $286M | Financial Services | Shell Companies | -0.49 |
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $20M | Financial Services | Shell Companies | -0.48 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.47 |
| RIBBU | Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $56M | Financial Services | Shell Companies | -0.44 |
| MCTR | CTRL Group Ltd | $15M | Communication Services | Advertising Agencies | -0.42 |
| PROP | Prairie Operating Co. Common Stock | $81M | Energy | Oil & Gas E&p | -0.42 |
| UBXG | U-BX Technology Ltd | $37M | Technology | Software - Infrastructure | -0.41 |