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10 Stocks and 90 ETFs for diversifying OMFL (INVESCO RUSSELL 1000(R) DYNAMIC MULTIFACTOR ETF)

The least correlated asset to OMFL (INVESCO RUSSELL 1000(R) DYNAMIC MULTIFACTOR ETF) is ETF MYY (PROSHARES SHORT MIDCAP400). The correlation is -0.8948.

Stocks that lowly correlated with OMFL

SymbolName
Market cap
SectorIndustry
Correlation
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.59
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.58
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.56
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.55
APADEnhanced Group Inc - Class A$161MFinancial ServicesShell Companies-0.52
UBXGU-BX Technology Ltd$6.42MCommunication ServicesAdvertising Agencies-0.48
LWACLightWave Acquisition Corp - Class A$221MFinancial ServicesShell Companies-0.45
SDHIRSiddhi Acquisition Corp$1.13MN/AN/A-0.44
PROPPrairie Operating Co. Common Stock$60MEnergyOil & Gas E&p-0.42
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.41

ETFs that lowly correlated with OMFL

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.89
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.88
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.87
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.87
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.87
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.86
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.86
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.86
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.86
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.85
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.85
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.85
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.85
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.84
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.83
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.83
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.82
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.82
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.81
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.80
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.80
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.79
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.79
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.79
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.78
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.77
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.76
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.75
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.75
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.74
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.71
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.71
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.71
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.71
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.70
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.70
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.69
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.68
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.68
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.68
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.68
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.67
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.66
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.66
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.66
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.65
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.64
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.64
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.63
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.63
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.62
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.61
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.60
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.59
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.59
QCMDDirexion Daily QCOM Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.57
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.56
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $16M1.03%Feb 11, 2025-0.56
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.55
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.54
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.54
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.54
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.52
PANGLEVERAGE SHARES 2X LONG PANW DAILY ETF $8.90MN/AMar 20, 2025-0.52
SHRTGOTHAM SHORT STRATEGIES ETF $14M1.35%Jul 31, 2017-0.52
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.52
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.52
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.51
SETHProShares Short Ether ETF$23M0.95%Nov 1, 2023-0.50
LDRTISHARES IBONDS 1-5 YEAR TREASURY LADDER ETF $132M0.07%Nov 7, 2024-0.49
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $29MN/AJul 16, 2009-0.49
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $61MN/AAug 21, 2023-0.48
OILDBank of Montreal$53MN/ANov 8, 2021-0.48
WTIDBank of Montreal$18MN/AFeb 16, 2023-0.47
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $13MN/AMar 31, 2025-0.47
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.46
ETHDProShares UltraShort Ether ETF$86MN/AJun 6, 2024-0.46
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.46
RTXGLeverage Shares 2X Long RTX Daily ETF$4.50MN/AJun 5, 2025-0.44
NVDQT-REX 2X INVERSE NVIDIA DAILY TARGET ETF $22MN/AOct 18, 2023-0.44
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.44
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$895MN/ANov 24, 2008-0.44
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $19M1.01%Sep 12, 2023-0.43
FPASFPA SHORT DURATION GOVERNMENT ETF $9.90M0.10%Oct 31, 2024-0.43
SDPProShares UltraShort Utilities -2x Shares$3.90MN/AJan 30, 2007-0.43
BITIProShares Short Bitcoin ETF$144M1.01%Jun 21, 2022-0.42
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.42
XLEISTATE STREET(R) ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF$40M0.35%Jul 29, 2025-0.42
LDDRStone Ridge 2035 Term Income ETF$42M0.25%Jan 3, 2025-0.41
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3.20MN/AJun 16, 2009-0.41