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 -0.9847.
Stocks that lowly correlated with IWM
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| PACH | Pioneer Acquisition I Corp - Class A | $260M | Financial Services | Shell Companies | -0.60 |
| SOCAU | Solarius Capital Acquisition Corp Units | $179M | Financial Services | Shell Companies | -0.56 |
| TMDE | TMD Energy Ltd | $21M | 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 |
| LWAC | LightWave Acquisition Corp - Class A | $221M | Financial Services | Shell Companies | -0.50 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.47 |
| TACH | Titan Acquisition Corp - Class A | $288M | Financial Services | Shell Companies | -0.46 |
| MAMK | MaxsMaking Inc - Class A | $195M | Industrials | Conglomerates | -0.43 |
| MCTR | CTRL Group Ltd | $15M | Communication Services | Advertising Agencies | -0.42 |