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8 Stocks and 92 ETFs for diversifying OVL (OVERLAY SHARES LARGE CAP EQUITY ETF)

The least correlated asset to OVL (OVERLAY SHARES LARGE CAP EQUITY ETF) is company Gannett Co., (GCI). The correlation is -1.

Stocks that lowly correlated with OVL

SymbolName
Market cap
SectorIndustry
Correlation
GCIGannett Co., Inc.$1.41BCommunication ServicesPublishing-1.00
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.57
TMDETMD Energy Ltd$18MEnergyOil & Gas Midstream-0.52
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.51
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.51
PROPPrairie Operating Co. Common Stock$81MEnergyOil & Gas E&p-0.47
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.45
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.44

ETFs that lowly correlated with OVL

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.98
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.98
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.97
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.91
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.91
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.90
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.89
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.89
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.88
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.88
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.88
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.20MN/AMay 15, 2024-0.88
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.88
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $14M1.11%Aug 14, 2024-0.88
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $23M0.50%Mar 6, 2024-0.87
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.86
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.86
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.85
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.85
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.85
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.85
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.85
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.81
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.81
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.81
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.81
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.80
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.80
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.79
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.79
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.79
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.79
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.78
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.78
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.77
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $9.80M1.05%Jul 23, 2024-0.76
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.75
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.74
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.74
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.74
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.73
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.73
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.72
NVDSTradr 1.5X Short NVDA Daily ETF$23MN/AJul 13, 2022-0.72
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.71
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.71
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.71
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.71
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $75MN/AAug 21, 2023-0.70
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $23M1.01%Sep 12, 2023-0.70
NVDQT-Rex 2X Inverse NVIDIA Daily Target ETF$36MN/AOct 18, 2023-0.70
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.70
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.69
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.69
TNGYTORTOISE ENERGY ETF $600M0.85%Dec 27, 2010-0.69
QCMDDirexion Daily QCOM Bear 1X ETF$2M1.00%Jun 24, 2025-0.68
AVSDIREXION DAILY AVGO BEAR 1X SHARES $6.90M1.03%Oct 9, 2024-0.67
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.67
FNGDBank of Montreal$68MN/AJan 22, 2018-0.66
QIDPROSHARES ULTRASHORT QQQ $279MN/AJul 11, 2006-0.65
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $21M1.03%Feb 11, 2025-0.65
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.62
RXDProShares UltraShort Health Care -2x Shares$4.90MN/AJan 30, 2007-0.62
METDDIREXION DAILY META BEAR 1X SHARES $8.60M1.02%Jun 5, 2024-0.62
SETHProShares Short Ether ETF$16M0.95%Nov 1, 2023-0.59
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $16M0.96%Aug 8, 2022-0.59
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.57
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.57
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $33MN/AJul 16, 2009-0.57
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.57
SHRTGOTHAM SHORT STRATEGIES ETF $17M1.35%Jul 31, 2017-0.56
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $19M1.05%May 1, 2024-0.55
MSFDDIREXION DAILY MSFT BEAR 1X SHARES $42M1.02%Sep 6, 2022-0.55
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.54
ETHDProShares UltraShort Ether ETF$84MN/AJun 6, 2024-0.53
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $17M1.02%Sep 6, 2022-0.53
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.53
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $4.80MN/AMar 31, 2025-0.52
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $39M1.05%Jul 9, 2024-0.51
WZRDOpportunistic Trader ETF$3.90M1.00%Jun 24, 2025-0.51
WTIDBank of Montreal$6.60MN/AFeb 16, 2023-0.51
SDPProShares UltraShort Utilities -2x Shares$4.60MN/AJan 30, 2007-0.51
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3MN/AJun 16, 2009-0.48
PALDDirexion Daily PANW Bear 1X Shares$2.40M1.02%Feb 10, 2025-0.48
BRKUDIREXION DAILY BRKB BULL 2X SHARES $58MN/ADec 10, 2024-0.48
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.47
RTXGLeverage Shares 2X Long RTX Daily ETF$4MN/AJun 5, 2025-0.46
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$1.10BN/ANov 24, 2008-0.45
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $40MN/ANov 6, 2008-0.45
FPASFPA SHORT DURATION GOVERNMENT ETF $6.90M0.10%Oct 31, 2024-0.45
ZSLProShares UltraShort Silver -2x Shares$145MN/ADec 1, 2008-0.45
GGLSDIREXION DAILY GOOGL BEAR 1X SHARES $17M1.02%Sep 6, 2022-0.44