27 Stocks and 73 ETFs for diversifying MXI (ISHARES GLOBAL MATERIALS ETF)
The least correlated asset to MXI (ISHARES GLOBAL MATERIALS ETF) is ETF SMN (ProShares UltraShort Materials). The correlation is -0.921.
Stocks that lowly correlated with MXI
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| ELOG | Eastern International Ltd | $9.59M | Industrials | Integrated Freight & Logistics | -0.65 |
| SOCAU | Solarius Capital Acquisition Corp Units | $179M | Financial Services | Shell Companies | -0.58 |
| ORIQU | Origin Investment Corp I - Units (1 Ord Cls & 1/2 War) | $22M | Financial Services | Shell Companies | -0.58 |
| HNGE | Hinge Health Inc - Class A | $6.74B | Healthcare | Health Information Services | -0.58 |
| LHAI | Linkhome Holdings Inc | $19M | Real Estate | Real Estate Services | -0.56 |
| OMDA | Omada Health Inc | $1.41B | Healthcare | Health Information Services | -0.56 |
| DBTX | Decibel Therapeutics Inc | $123M | N/A | N/A | -0.53 |
| TWNP | Twin Hospitality Group Inc. Class A Common Stock | $4.08M | Consumer Cyclical | Restaurants | -0.52 |
| CTW | CTW Cayman - Class A | $147M | Communication Services | Electronic Gaming & Multimedia | -0.52 |
| PACH | Pioneer Acquisition I Corp - Class A | $260M | Financial Services | Shell Companies | -0.50 |
| ONCHU | 1RT Acquisition Corp - Units (1 Ord Cls A & 1 War) | $39M | Financial Services | Shell Companies | -0.50 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.48 |
| AII | American Integrity Insurance Group Inc | $358M | Financial Services | Insurance - Property & Casualty | -0.46 |
| PLMKU | Plum Acquisition Corp IV - Units (1 Ord cls A & 1/2 Warr) | $213M | Financial Services | Shell Companies | -0.46 |
| FIGXU | FIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War) | $35M | Financial Services | Shell Companies | -0.46 |
| TACH | Titan Acquisition Corp - Class A | $288M | Financial Services | Shell Companies | -0.45 |
| VCKAU | Scilex Holding Company - Units (1 Ord & 1/2 War) | $37M | N/A | N/A | -0.45 |
| SI | Shoulder Innovations Inc | $452M | N/A | N/A | -0.45 |
| RIBBR | Ribbon Acquisition Corp Rights | $277K | N/A | N/A | -0.43 |
| SAFX | XCF Global Inc | $145M | Utilities | Utilities - Renewable | -0.43 |
| FIG | Figma Inc - Class A | $12B | Technology | Software - Application | -0.43 |
| MOBX | Mobix Labs Inc - Class A | $20M | Technology | Semiconductors | -0.42 |
| STRZ | Starz Entertainment Corp | $468M | Communication Services | Entertainment | -0.42 |
| CHACU | Crane Harbor Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $72M | Financial Services | Shell Companies | -0.42 |
| BACC | Blue Acquisition Corp - Class A | $214M | Financial Services | Shell Companies | -0.42 |
| TTAN | ServiceTitan Inc - Class A | $7.44B | Technology | Software - Application | -0.40 |
| LGPS | LogProstyle Inc | $26M | Industrials | Conglomerates | -0.40 |