10 Stocks and 90 ETFs for diversifying MMTM (STATE STREET(R) SPDR(R) S&P(R) 1500 MOMENTUM TILT ETF)
The least correlated asset to MMTM (STATE STREET(R) SPDR(R) S&P(R) 1500 MOMENTUM TILT ETF) is ETF SPDN (DIREXION DAILY S&P 500 (R) BEAR 1X SHARES). The correlation is -0.9562.
Stocks that lowly correlated with MMTM
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.57 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.54 |
| ASIC | Ategrity Specialty Holdings LLC | $1.08B | Financial Services | Insurance - Property & Casualty | -0.53 |
| MCTR | CTRL Group Ltd | $15M | Communication Services | Advertising Agencies | -0.53 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.50 |
| PGAC | Pantages Capital Acquisition Corp Cl A Ord Shs | $118M | Financial Services | Shell Companies | -0.49 |
| OYSE | Oyster Enterprises II Acquisition Corp | $268M | Financial Services | Shell Companies | -0.48 |
| CPSR | Gelesis Holdings Inc - Class A | $1.87B | N/A | N/A | -0.46 |
| HRYU | Global Interactive Technologies Inc | $760K | Communication Services | Internet Content & Information | -0.44 |
| SI | Shoulder Innovations Inc | $452M | N/A | N/A | -0.43 |