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9 Stocks and 91 ETFs for diversifying LABD (DIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES)

The least correlated asset to LABD (DIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES) is ETF XBI (STATE STREET(R) SPDR(R) S&P(R) BIOTECH ETF). The correlation is -0.9697.

Stocks that lowly correlated with LABD

SymbolName
Market cap
SectorIndustry
Correlation
BMEZBlackRock Health Sciences Term Trust$1.53BFinancial ServicesAsset Management-0.77
SIONSionna Therapeutics Inc$2BHealthcareBiotechnology-0.76
LHAILinkhome Holdings Inc$19MReal EstateReal Estate Services-0.75
KYMRKymera Therapeutics Inc$9.38BHealthcareBiotechnology-0.75
BACCBlue Acquisition Corp - Class A$214MFinancial ServicesShell Companies-0.69
YOULYoulife Group Inc$41MConsumer DefensiveEducation & Training Services-0.69
EICBEagle Point Income Company Inc. 7.75% Series B Term Preferred Stock Due 2028$626MFinancial ServicesAsset Management-0.68
JCAPJefferson Capital Inc$1.06BFinancial ServicesCredit Services-0.67
NRIXNurix Therapeutics Inc$2.47BHealthcareBiotechnology-0.67

ETFs that lowly correlated with LABD

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
XBISTATE STREET(R) SPDR(R) S&P(R) BIOTECH ETF $11B0.35%Jan 31, 2006-0.97
LABUDIREXION DAILY S&P BIOTECH BULL 3X SHARES DIREXION DAILY S&P BIOTECH BULL 3X SHARES$678MN/AMay 28, 2015-0.94
SBIOALPS MEDICAL BREAKTHROUGHS ETF $190M0.50%Dec 30, 2014-0.92
BBPVIRTUS BIOTECH ETF $87M0.34%Dec 16, 2014-0.91
GNOMGLOBAL X GENOMICS & BIOTECHNOLOGY ETF $77M0.50%Apr 5, 2019-0.90
BBCVIRTUS BIOTECH CLINICAL TRIALS ETF $53M0.65%Dec 16, 2014-0.89
IDNAISHARES GENOMICS IMMUNOLOGY AND HEALTHCARE ETF $194M0.47%Jun 11, 2019-0.88
IBBISHARES BIOTECHNOLOGY ETF $9.10B0.44%Feb 5, 2001-0.87
PBEINVESCO BIOTECHNOLOGY & GENOME ETF $278M0.58%Jun 23, 2005-0.87
BIBPROSHARES ULTRA NASDAQ BIOTECHNOLOGY $84MN/AApr 6, 2010-0.87
LIVRIntelligent Livermore ETF$18M0.69%Sep 17, 2024-0.87
PTHINVESCO DORSEY WRIGHT HEALTHCARE MOMENTUM ETF $135M0.60%Oct 12, 2006-0.85
HTECROBO GLOBAL(R) HEALTHCARE TECHNOLOGY AND INNOVATION ETF $60M0.68%Jun 24, 2019-0.85
IBBQINVESCO NASDAQ BIOTECHNOLOGY ETF $73M0.19%Jun 11, 2021-0.84
HQLabrdn Life Sciences Investors$689MN/AN/A-0.83
IBRNISHARES NEUROSCIENCE AND HEALTHCARE ETF $5.80M0.47%Aug 24, 2022-0.83
FBTFIRST TRUST NYSE ARCA BIOTECHNOLOGY INDEX FUND $2.80B0.55%Jun 19, 2006-0.83
BMEDBlackRock Future Health ETF$11M0.55%Sep 29, 2020-0.82
WDNAWISDOMTREE BIOREVOLUTION FUND $2.70M0.45%Jun 1, 2021-0.82
LFSCF/M EMERALD LIFE SCIENCES INNOVATION ETF $122M0.54%Oct 30, 2024-0.81
FMEDFIDELITY DISRUPTIVE MEDICINE ETF $46M0.50%Apr 16, 2020-0.81
ARKGARK GENOMIC REVOLUTION ETF $1.70B0.75%Oct 31, 2014-0.80
GDOCGOLDMAN SACHS FUTURE HEALTH CARE EQUITY ETF $19M0.75%Nov 9, 2021-0.80
HRTSTEMA HEART & HEALTH ETF $54M0.75%Nov 20, 2023-0.79
HELXFRANKLIN GENOMIC ADVANCEMENTS ETF $28M0.50%Feb 25, 2020-0.78
BBHVANECK BIOTECH ETF $396M0.35%Dec 20, 2011-0.78
PSCHINVESCO S&P SMALLCAP HEALTH CARE ETF $159M0.29%Apr 7, 2010-0.78
XHESTATE STREET(R) SPDR(R) S&P(R) HEALTH CARE EQUIPMENT ETF $151M0.35%Jan 26, 2011-0.77
HQHabrdn Healthcare Investors$1.40BN/AN/A-0.76
FXHFIRST TRUST HEALTH CARE ALPHADEX FUND $959M0.61%May 8, 2007-0.75
ISCGISHARES MORNINGSTAR SMALL-CAP GROWTH ETF $1B0.06%Jun 28, 2004-0.75
IWOISHARES RUSSELL 2000 GROWTH ETF $15B0.24%Jul 24, 2000-0.75
VTWGVANGUARD RUSSELL 2000 GROWTH INDEX FUND ETF SHARES$1.80B0.06%Sep 20, 2010-0.75
AGNGGLOBAL X AGING POPULATION ETF $85M0.50%May 9, 2016-0.75
VBKVANGUARD SMALL-CAP GROWTH INDEX FUND ETF SHARES$47B0.05%Jan 26, 2004-0.73
XPHSTATE STREET(R) SPDR(R) S&P(R) PHARMACEUTICALS ETF $428M0.35%Jun 19, 2006-0.72
PILLDIREXION DAILY PHARMACEUTICAL & MEDICAL BULL 3X SHARES $20MN/ANov 15, 2017-0.72
DTECALPS DISRUPTIVE TECHNOLOGIES ETF $70M0.50%Dec 28, 2017-0.72
ONLNPROSHARES ONLINE RETAIL ETF $63M0.58%Jul 13, 2018-0.71
IZRLARK ISRAEL INNOVATIVE TECHNOLOGY ETF $142M0.49%Dec 4, 2017-0.71
GURUGLOBAL X GURU INDEX ETF $64M0.75%Jun 4, 2012-0.71
XTISHARES FUTURE EXPONENTIAL TECHNOLOGIES ETF $4B0.46%Mar 19, 2015-0.71
MEDIHARBOR HEALTH CARE ETF $43M0.80%Nov 16, 2022-0.70
TMFSMOTLEY FOOL SMALL-CAP GROWTH ETF $61M0.85%Oct 29, 2018-0.70
ITEQAmplify BlueStar Israel Technology ETF$120M0.75%Nov 2, 2015-0.70
EKGFIRST TRUST NASDAQ LUX DIGITAL HEALTH SOLUTIONS ETF $2.80M0.65%Mar 22, 2022-0.70
BUYZFRANKLIN DISRUPTIVE COMMERCE ETF $5.10M0.50%Feb 25, 2020-0.70
IMCGISHARES MORNINGSTAR MID-CAP GROWTH ETF $4B0.06%Jun 28, 2004-0.70
QQQSINVESCO NASDAQ FUTURE GEN 200 ETF $21M0.20%Oct 13, 2022-0.70
SURISIMPLIFY PROPEL OPPORTUNITIES ETF $77M2.56%Feb 7, 2023-0.69
QQXTFIRST TRUST NASDAQ-100 EX-TECHNOLOGY SECTOR INDEX FUND $166M0.57%Feb 8, 2007-0.69
FNYFIRST TRUST MID CAP GROWTH ALPHADEX FUND $615M0.73%Apr 19, 2011-0.69
FIXPFOLIOBEYOND ENHANCED FIXED INCOME PREMIUM ETF $9.90M1.01%Jan 22, 2025-0.69
VHTVANGUARD HEALTH CARE INDEX FUND ETF SHARES$20B0.09%Jan 26, 2004-0.68
IWCISHARES MICRO-CAP ETF $1.50B0.60%Aug 12, 2005-0.68
HEALGLOBAL X HEALTHTECH ETF $29M0.50%Jul 29, 2020-0.68
IBUYAMPLIFY ONLINE RETAIL ETF $107M0.65%Apr 19, 2016-0.68
FHLCFIDELITY MSCI HEALTH CARE INDEX ETF $3.20B0.08%Oct 21, 2013-0.68
FYCFIRST TRUST SMALL CAP GROWTH ALPHADEX FUND $1.30B0.70%Apr 19, 2011-0.68
ARKKARK INNOVATION ETF $6.50B0.75%Oct 31, 2014-0.68
FADFIRST TRUST MULTI CAP GROWTH ALPHADEX FUND $580M0.63%May 8, 2007-0.68
VXFVANGUARD EXTENDED MARKET INDEX FUND ETF SHARES$98B0.05%Dec 27, 2001-0.68
ROBTFIRST TRUST NASDAQ ARTIFICIAL INTELLIGENCE AND ROBOTICS ETF $730M0.65%Feb 21, 2018-0.68
QRFTQRAFT AI-ENHANCED U.S. LARGE CAP ETF $16M0.75%May 20, 2019-0.68
XOVRERSHARES PRIVATE-PUBLIC CROSSOVER ETF $2.20B0.75%Nov 7, 2017-0.68
QQQEDIREXION NASDAQ-100(R) EQUAL WEIGHTED INDEX SHARES $1.40B0.35%Mar 21, 2012-0.68
RSPHINVESCO S&P 500 EQUAL WEIGHT HEALTH CARE ETF $705M0.40%Nov 1, 2006-0.68
DWASINVESCO DORSEY WRIGHT SMALLCAP MOMENTUM ETF $455M0.60%Jul 19, 2012-0.67
JSMLJANUS HENDERSON SMALL CAP GROWTH ALPHA ETF $450M0.30%Feb 23, 2016-0.67
PJPINVESCO PHARMACEUTICALS ETF $356M0.57%Jun 23, 2005-0.67
NUMGNUVEEN ESG MID-CAP GROWTH ETF $360M0.31%Dec 13, 2016-0.67
QQQJINVESCO NASDAQ NEXT GEN 100 ETF $1.10B0.15%Oct 13, 2020-0.67
IPORENAISSANCE IPO ETF $182M0.60%Oct 16, 2013-0.67
BMEBlackRock Health Sciences Trust$572MN/AN/A-0.67
IWMISHARES RUSSELL 2000 ETF $83B0.19%May 22, 2000-0.67
VTWOVANGUARD RUSSELL 2000 INDEX FUND ETF SHARES$19B0.06%Sep 20, 2010-0.67
IWPISHARES RUSSELL MID-CAP GROWTH ETF $22B0.23%Jul 17, 2001-0.67
QQEWFIRST TRUST NASDAQ-100 SELECT EQUAL WEIGHT ETF $1.80B0.55%Apr 19, 2006-0.67
VFMOVANGUARD U.S. MOMENTUM FACTOR ETF ETF SHARES$2B0.13%Feb 13, 2018-0.67
JDOCJPMORGAN HEALTHCARE LEADERS ETF $9M0.65%Nov 1, 2023-0.67
OGIGALPS | O'SHARES GLOBAL INTERNET GIANTS ETF SHARES$101M0.48%Jun 5, 2018-0.67
MMSCFIRST TRUST MULTI-MANAGER SMALL CAP OPPORTUNITIES ETF $55M0.95%Oct 13, 2021-0.67
MDEVFIRST TRUST INDXX MEDICAL DEVICES ETF $1.90M0.70%Jun 22, 2021-0.66
THWabrdn World Healthcare Fund$567MN/AN/A-0.66
TMFXMOTLEY FOOL NEXT INDEX ETF $34M0.50%Dec 30, 2021-0.66
JSMDJANUS HENDERSON SMALL/MID CAP GROWTH ALPHA ETF $1.10B0.30%Feb 23, 2016-0.66
CCDCalamos Dynamic Convertible and Income Fund$746MN/AN/A-0.66
VOTVANGUARD MID-CAP GROWTH INDEX FUND ETF SHARES$35B0.05%Aug 17, 2006-0.66
ISRAVANECK ISRAEL ETF $153M0.59%Jun 25, 2013-0.66
PAWZPROSHARES PET CARE ETF $32M0.50%Nov 5, 2018-0.66
PNQIINVESCO NASDAQ INTERNET ETF $504M0.60%Jun 12, 2008-0.66