Overview Holdings Performance Dividends Similar Etfs Correlations

25 Stocks and 75 ETFs for diversifying IWMI (NEOS RUSSELL 2000 HIGH INCOME ETF)

The least correlated asset to IWMI (NEOS RUSSELL 2000 HIGH INCOME ETF) is ETF NTRL (First Trust Equity Market Neutral ETF). The correlation is -1.

Stocks that lowly correlated with IWMI

Symbol	Name	Market cap	Sector	Industry	Correlation
PLMI	Plum Acquisition Corp I - Class A	$192M	N/A	N/A	-0.85
PTWOU	SBC Medical Group Holdings Inc - Units (1 Ord Class A & 1 War)	$1.13B	N/A	N/A	-0.74
TWKS	Thoughtworks Holding Inc	$1.45B	N/A	N/A	-0.70
GSRM	Bitcoin Depot Inc - Class A	$54M	N/A	N/A	-0.69
SMTK	SmartKem, Inc. Common Stock	$4.23M	Technology	Semiconductor Equipment & Materials	-0.61
PACH	Pioneer Acquisition I Corp - Class A	$260M	Financial Services	Shell Companies	-0.61
AACIW	Armada Acquisition Corp I - Warrants (13/08/2026)	$20M	N/A	N/A	-0.60
IROHU	CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)	$453M	N/A	N/A	-0.60
GATE	VISTASHARES TARGET 15 GATE ENDOWMENT DISTRIBUTION ETF	$425M	Financial Services	Shell Companies	-0.57
ITI	Iteris Inc	$316M	N/A	N/A	-0.57
PLMIU	Plum Acquisition Corp I - Units (1 Ord Share Class A & 1/5 War)	$232M	N/A	N/A	-0.56
OPTN	OptiNose Inc	$112M	N/A	N/A	-0.56
GATEU	Marblegate Acquisition Corp - Units (1 Ord Share Class A & 1/2 War)	$340M	Financial Services	Shell Companies	-0.56
TMDE	TMD Energy Ltd	$21M	Energy	Oil & Gas Midstream	-0.55
OPOF	Old Point Financial Corp	$215M	Financial Services	Banks - Regional	-0.54
SOCAU	Solarius Capital Acquisition Corp Units	$179M	Financial Services	Shell Companies	-0.54
CPSR	Gelesis Holdings Inc - Class A	$1.87B	N/A	N/A	-0.54
LWAC	LightWave Acquisition Corp - Class A	$221M	Financial Services	Shell Companies	-0.53
CPLP	Capital Product Partners L P	$355M	N/A	N/A	-0.51
VSTA	Vasta Platform Ltd Class A	$394M	Consumer Defensive	Education & Training Services	-0.51
PIRS	Pieris Pharmaceuticals Inc	$24M	N/A	N/A	-0.50
PRA	ProAssurance Corporation	$1.29B	Financial Services	Insurance - Property & Casualty	-0.50
CLIK	Click Holdings Ltd	$4.19M	Consumer Cyclical	Personal Services	-0.50
ED	Consolidated Edison Inc	$40B	Utilities	Utilities - Regulated Electric	-0.49
TRUG	TruGolf Holdings Inc - Class A	$1.24M	Consumer Cyclical	Leisure	-0.48

ETFs that lowly correlated with IWMI

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
NTRL	First Trust Equity Market Neutral ETF	$19M	0.95%	Feb 4, 2020	-1.00
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
RWM	PROSHARES SHORT RUSSELL2000	$113M	0.95%	Jan 23, 2007	-0.98
TWM	ProShares UltraShort Russell2000 -2x Shares	$38M	N/A	Jan 23, 2007	-0.96
SBB	ProShares Short SmallCap600 -1x Shares	$3.30M	0.95%	Jan 23, 2007	-0.96
MYY	PROSHARES SHORT MIDCAP400	$2.90M	0.95%	Jun 19, 2006	-0.94
DXD	PROSHARES ULTRASHORT DOW30	$46M	N/A	Jul 11, 2006	-0.93
DOG	PROSHARES SHORT DOW30	$111M	0.95%	Jun 19, 2006	-0.93
CLIM	CLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF	$1.30M	0.90%	Mar 11, 2026	-0.92
MZZ	PROSHARES ULTRASHORT MIDCAP400	$2.40M	N/A	Jul 11, 2006	-0.91
SDD	PROSHARES ULTRASHORT SMALLCAP600	$1.20M	N/A	Jan 23, 2007	-0.90
FIYY	GRANITESHARES YIELDBOOST 20Y+ TREASURIES ETF	$732K	1.07%	May 4, 2026	-0.89
SDS	ProShares UltraShort S&P500 -2x Shares	$398M	N/A	Jul 11, 2006	-0.89
SPDN	DIREXION DAILY S&P 500 (R) BEAR 1X SHARES	$195M	0.48%	Jun 8, 2016	-0.89
SH	ProShares Short S&P500 -1x Shares	$973M	0.89%	Jun 19, 2006	-0.89
HIBS	Direxion Daily S&P 500 High Beta Bear 3X Shares	$17M	N/A	Nov 7, 2019	-0.88
VIXM	ProShares VIX Mid-Term Futures ETF	$40M	0.92%	Jan 3, 2011	-0.86
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	$35M	0.89%	Jan 17, 2018	-0.86
UVIX	2x Long VIX Futures ETF	$290M	N/A	Mar 28, 2022	-0.84
HDGE	ADVISORSHARES RANGER EQUITY BEAR ETF	$66M	3.62%	Jan 26, 2011	-0.80
TAIL	CAMBRIA TAIL RISK ETF	$147M	0.59%	Apr 5, 2017	-0.80
BTAL	AGF U.S. MARKET NEUTRAL ANTI-BETA FUND	$283M	1.40%	Sep 13, 2011	-0.80
SKRE	TUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF	$5.20M	N/A	Jan 3, 2024	-0.79
PSQ	ProShares Short QQQ -1x Shares	$601M	0.95%	Jun 19, 2006	-0.78
TSMZ	DIREXION DAILY TSM BEAR 1X SHARES	$2.80M	1.01%	Oct 2, 2024	-0.78
DWSH	ADVISORSHARES DORSEY WRIGHT SHORT ETF	$11M	6.22%	Jul 10, 2018	-0.78
SIJ	ProShares UltraShort Industrials -2x Shares	$5.50M	N/A	Jan 30, 2007	-0.76
QBER	TRUESHARES QUARTERLY BEAR HEDGE ETF	$82M	0.79%	Jun 28, 2024	-0.75
AIBD	Direxion Daily AI and Big Data Bear 2X ETF	$4.70M	N/A	May 15, 2024	-0.75
BNKD	Bank of Montreal	$1.10M	N/A	Feb 20, 2025	-0.74
SCC	ProShares UltraShort Consumer Discretionary	$6.80M	N/A	Jan 30, 2007	-0.73
SLTY	YIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF	$19M	1.25%	Aug 20, 2025	-0.73
SEF	ProShares Short Financials -1x Shares	$14M	0.95%	Jun 10, 2008	-0.72
SJB	PROSHARES SHORT HIGH YIELD	$56M	0.95%	Mar 21, 2011	-0.72
YQQQ	YIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF	$16M	1.11%	Aug 14, 2024	-0.72
QQQD	DIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES	$35M	0.50%	Mar 6, 2024	-0.71
SARK	TRADR 1X SHORT INNOVATION DAILY ETF	$43M	0.92%	Nov 5, 2021	-0.68
SKF	ProShares UltraShort Financials -2x Shares	$11M	N/A	May 23, 2007	-0.66
TNGY	TORTOISE ENERGY ETF	$515M	0.85%	Dec 27, 2010	-0.66
WEBS	DIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES	$8.70M	N/A	Nov 7, 2019	-0.65
SDOW	ProShares UltraPro Short Dow30 -3x Shares	$185M	N/A	Feb 9, 2010	-0.65
SMN	ProShares UltraShort Materials	$4.10M	N/A	Jan 30, 2007	-0.63
EUM	ProShares Short MSCI Emerging Markets -1x Shares	$9.80M	0.95%	Oct 30, 2007	-0.63
EEV	ProShares UltraShort MSCI Emerging Markets -2x Shares	$2.60M	N/A	Oct 30, 2007	-0.62
DIPS	YIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF	$8.20M	1.05%	Jul 23, 2024	-0.60
EMTY	ProShares Decline of the Retail Store ETF -1x Shares	$3M	0.65%	Nov 14, 2017	-0.59
SMDD	ProShares UltraPro Short MidCap400 -3x Shares	$1.90M	N/A	Feb 9, 2010	-0.58
SHRT	GOTHAM SHORT STRATEGIES ETF	$14M	1.35%	Jul 31, 2017	-0.58
GGLS	Direxion Daily GOOGL Bear 1X ETF	$13M	1.02%	Sep 6, 2022	-0.57
CRSH	YIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF	$16M	1.05%	May 1, 2024	-0.56
LABD	DIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&AMP;P BIOTECH BEAR 3X SHARES	$69M	N/A	May 28, 2015	-0.56
EWV	ProShares UltraShort MSCI Japan -2x Shares	$5.70M	N/A	Nov 6, 2007	-0.56
MUD	Direxion Daily MU Bear 1X Shares	$76M	1.02%	Oct 9, 2024	-0.55
PANG	LEVERAGE SHARES 2X LONG PANW DAILY ETF	$8.90M	N/A	Mar 20, 2025	-0.55
AMZD	DIREXION DAILY AMZN BEAR 1X SHARES	$10M	1.02%	Sep 6, 2022	-0.55
NVDS	Tradr 1.5X Short NVDA Daily ETF	$18M	N/A	Jul 13, 2022	-0.54
IVOL	QUADRATIC INTEREST RATE VOLATILITY AND INFLATION HEDGE ETF	$276M	0.98%	May 13, 2019	-0.54
REW	ProShares UltraShort Technology -2x Shares	$2.80M	N/A	Jan 30, 2007	-0.53
IBIC	ISHARES IBONDS OCT 2026 TERM TIPS ETF	$86M	0.10%	Sep 13, 2023	-0.53
NVDD	DIREXION DAILY NVDA BEAR 1X SHARES	$19M	1.01%	Sep 12, 2023	-0.53
CCUP	T-REX 2X LONG CRCL DAILY TARGET ETF	$25M	N/A	Aug 8, 2025	-0.53
CRCG	LEVERAGE SHARES 2X LONG CRCL DAILY ETF	$67M	N/A	Aug 8, 2025	-0.52
METD	DIREXION DAILY META BEAR 1X SHARES	$7.90M	1.02%	Jun 5, 2024	-0.52
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	-0.52
CAOS	ALPHA ARCHITECT TAIL RISK ETF	$705M	0.63%	Aug 14, 2013	-0.52
AMDD	T-REX 2X INVERSE AMD DAILY TARGET ETF	$16M	1.03%	Feb 11, 2025	-0.51
NVDQ	T-REX 2X INVERSE NVIDIA DAILY TARGET ETF	$22M	N/A	Oct 18, 2023	-0.51
NVD	GRANITESHARES 2X SHORT NVDA DAILY ETF	$61M	N/A	Aug 21, 2023	-0.51
NFLW	ROUNDHILL NFLX WEEKLYPAY ETF	$6.70M	N/A	Jun 17, 2025	-0.50
TSLS	Direxion Daily TSLA Bear 1X Shares	$66M	0.95%	Aug 8, 2022	-0.49
BIS	ProShares UltraShort Nasdaq Biotechnology -2x Shares	$2.20M	N/A	Apr 6, 2010	-0.49
AAPD	DIREXION DAILY AAPL BEAR 1X SHARES	$14M	0.96%	Aug 8, 2022	-0.49
EFZ	ProShares Short MSCI EAFE -1X Shares	$12M	0.95%	Oct 23, 2007	-0.48
GXPE	GLOBAL X PURECAP MSCI ENERGY ETF	$1.20M	0.15%	Jul 22, 2025	-0.48