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31 Stocks and 69 ETFs for diversifying IYM (ISHARES U.S. BASIC MATERIALS ETF)

The least correlated asset to IYM (ISHARES U.S. BASIC MATERIALS ETF) is ETF SMN (ProShares UltraShort Materials). The correlation is -0.9679.

Stocks that lowly correlated with IYM

SymbolName
Market cap
SectorIndustry
Correlation
ORIQUOrigin Investment Corp I - Units (1 Ord Cls & 1/2 War)$22MFinancial ServicesShell Companies-0.69
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.69
LHAILinkhome Holdings Inc$19MReal EstateReal Estate Services-0.65
ELOGEastern International Ltd$9.59MIndustrialsIntegrated Freight & Logistics-0.62
ONCHU1RT Acquisition Corp - Units (1 Ord Cls A & 1 War)$39MFinancial ServicesShell Companies-0.58
PLMKUPlum Acquisition Corp IV - Units (1 Ord cls A & 1/2 Warr)$213MFinancial ServicesShell Companies-0.56
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.54
OMDAOmada Health Inc$1.41BHealthcareHealth Information Services-0.52
TWNPTwin Hospitality Group Inc. Class A Common Stock$4.08MConsumer CyclicalRestaurants-0.51
AIIAmerican Integrity Insurance Group Inc$358MFinancial ServicesInsurance - Property & Casualty-0.51
HNGEHinge Health Inc - Class A$6.74BHealthcareHealth Information Services-0.50
CTWCTW Cayman - Class A$147MCommunication ServicesElectronic Gaming & Multimedia-0.50
BACCBlue Acquisition Corp - Class A$214MFinancial ServicesShell Companies-0.48
TACHTitan Acquisition Corp - Class A$288MFinancial ServicesShell Companies-0.47
DBTXDecibel Therapeutics Inc$123MN/AN/A-0.47
CHACUCrane Harbor Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$72MFinancial ServicesShell Companies-0.47
BGMQilian International Holding Group Ltd - Class A$7.45MHealthcareDrug Manufacturers - Specialty & Generic-0.46
RYOJrYojbaba Co. Ltd$51MIndustrialsConsulting Services-0.46
SAFXXCF Global Inc$145MUtilitiesUtilities - Renewable-0.45
PTLEPTL Ltd$70MConsumer CyclicalSpecialty Retail-0.43
FIGXUFIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$35MFinancial ServicesShell Companies-0.43
LGPSLogProstyle Inc$26MIndustrialsConglomerates-0.43
DAICCID HoldCo Inc$40MTechnologyInformation Technology Services-0.41
BOWBowhead Specialty Holdings Inc$982MFinancial ServicesInsurance - Property & Casualty-0.41
EPWKEPWK Holdings Ltd - Class A$9.78KTechnologySoftware - Application-0.40
VCKAUScilex Holding Company - Units (1 Ord & 1/2 War)$37MN/AN/A-0.39
CRAQCal Redwood Acquisition Corp$320MFinancial ServicesShell Companies-0.39
RAAQReal Asset Acquisition Corp - Class A$231MFinancial ServicesShell Companies-0.39
OFSSOOFS Capital Corp$341MN/AN/A-0.38
GIBOGIBO Holdings Ltd$106MCommunication ServicesInternet Content & Information-0.38
EDHLEverbright Digital Holding Ltd$5.88MCommunication ServicesAdvertising Agencies-0.38

ETFs that lowly correlated with IYM

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.97
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.85
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.84
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.83
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.81
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.80
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.80
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.80
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.79
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.79
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.78
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.78
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.77
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.77
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.77
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.77
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.76
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.76
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.76
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.76
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.75
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.75
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.70
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.68
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.68
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.68
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.68
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.68
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.66
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.66
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.65
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.65
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.65
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.64
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.63
NOWLGRANITESHARES 2X LONG NOW DAILY ETF $286MN/AJul 14, 2025-0.63
GGOViShares Global Government Bond USD Hedged Active$2.90B0.39%Jun 25, 2025-0.61
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.61
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.60
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.59
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.59
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.58
OILDBank of Montreal$53MN/ANov 8, 2021-0.58
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.57
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.56
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.56
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.56
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.55
WTIDBank of Montreal$18MN/AFeb 16, 2023-0.53
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.51
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$895MN/ANov 24, 2008-0.50
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.50
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3.20MN/AJun 16, 2009-0.50
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.48
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.48
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.47
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.46
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.44
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.43
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.43
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $29MN/AJul 16, 2009-0.43
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.42
SDPProShares UltraShort Utilities -2x Shares$3.90MN/AJan 30, 2007-0.42
SHPUDIREXION DAILY SHOP BULL 2X ETF $15MN/AAug 5, 2025-0.42
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.41
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.41
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.40
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.40
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.39