11 Stocks and 89 ETFs for diversifying METD (DIREXION DAILY META BEAR 1X SHARES)
The least correlated asset to METD (DIREXION DAILY META BEAR 1X SHARES) is ETF METU (DIREXION DAILY META BULL 2X SHARES). The correlation is -0.9884.
Stocks that lowly correlated with METD
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| META | Meta Platforms Inc - Class A | $1.61T | Communication Services | Internet Content & Information | -0.98 |
| PLMI | Plum Acquisition Corp I - Class A | $192M | N/A | N/A | -0.94 |
| PHX | PHX Minerals Inc - Class A | $165M | N/A | N/A | -0.85 |
| FTPA | FTAC Parnassus Acquisition Corp - Class A | $302M | Financial Services | Shell Companies | -0.81 |
| MA | Mastercard Incorporated - Class A | $441B | Financial Services | Credit Services | -0.78 |
| WDI | Western Asset Diversified Income Fund | $705M | Financial Services | Asset Management | -0.77 |
| CRCT | Cricut Inc - Class A | $886M | Technology | Computer Hardware | -0.75 |
| HYFM | Hydrofarm Holdings Group Inc | $4.67M | Industrials | Farm & Heavy Construction Machinery | -0.75 |
| FSS | Federal Signal Corp | $7.09B | Industrials | Pollution & Treatment Controls | -0.74 |
| ALVO | Alvotech | $1.14B | Healthcare | Drug Manufacturers - Specialty & Generic | -0.74 |
| CYCU | Cycurion, Inc. Common Stock | $5.19M | N/A | N/A | -0.73 |