12 Stocks and 88 ETFs for diversifying JOET (VIRTUS TERRANOVA U.S. QUALITY MOMENTUM ETF)
The least correlated asset to JOET (VIRTUS TERRANOVA U.S. QUALITY MOMENTUM ETF) is ETF XCOM (Ultra Communication Services Select Sector ETF). The correlation is -1.
Stocks that lowly correlated with JOET
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.61 |
| APADU | A Paradise Acquisition Corp Unit | $67M | Financial Services | Shell Companies | -0.55 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.54 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.51 |
| CDTG | CDT Environmental Technology Investment Holdings Ltd | $3.77M | Industrials | Waste Management | -0.50 |
| EMA | Emera Incorporated | $16B | Utilities | Utilities - Regulated Electric | -0.46 |
| OFSSO | OFS Capital Corp | $341M | N/A | N/A | -0.45 |
| APAD | Enhanced Group Inc - Class A | $161M | Financial Services | Shell Companies | -0.44 |
| PACH | Pioneer Acquisition I Corp - Class A | $260M | Financial Services | Shell Companies | -0.42 |
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $18M | Financial Services | Shell Companies | -0.42 |
| SOCAU | Solarius Capital Acquisition Corp Units | $179M | Financial Services | Shell Companies | -0.42 |
| VNMEU | Vendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War) | $52M | Financial Services | Shell Companies | -0.41 |