Overview Holdings Performance Dividends Similar Etfs Correlations

18 Stocks and 82 ETFs for diversifying PHO (INVESCO WATER RESOURCES ETF)

The least correlated asset to PHO (INVESCO WATER RESOURCES ETF) is ETF SIJ (ProShares UltraShort Industrials -2x Shares). The correlation is -0.8663.

Stocks that lowly correlated with PHO

Symbol	Name	Market cap	Sector	Industry	Correlation
DFSC	DEFSEC Technologies Inc Com	$3.99M	Industrials	Aerospace & Defense	-0.60
TMDE	TMD Energy Ltd	$21M	Energy	Oil & Gas Midstream	-0.59
OYSE	Oyster Enterprises II Acquisition Corp	$268M	Financial Services	Shell Companies	-0.56
CRCL	Circle Internet Group Inc - Class A	$16B	Financial Services	Capital Markets	-0.56
CDTG	CDT Environmental Technology Investment Holdings Ltd	$3.77M	Industrials	Waste Management	-0.54
WTGUU	Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)	$18M	Financial Services	Shell Companies	-0.51
JLHL	Julong Holding Ltd - Class A	$219M	Industrials	Building Products & Equipment	-0.48
APADR	Enhanced Group Inc	$6.67M	N/A	N/A	-0.48
BMGL	Basel Medical Group Ltd	$9.61M	Healthcare	Medical Care Facilities	-0.48
LION	Lionsgate Studios Corp - New	$3.99B	Financial Services	Shell Companies	-0.48
QSEA	Quartzsea Acquisition Corp	$87M	Financial Services	Shell Companies	-0.45
STRZ	Starz Entertainment Corp	$468M	Communication Services	Entertainment	-0.45
CURX	Curanex Pharmaceuticals Inc	$6.11M	Healthcare	Biotechnology	-0.44
EQV	EQV Ventures Acquisition Corp.	$466M	Financial Services	Shell Companies	-0.44
RAAQU	Real Asset Acquisition Corp - Units (1 Ord Cls A & 1/2 War)	$65M	Financial Services	Shell Companies	-0.41
SAFX	XCF Global Inc	$145M	Utilities	Utilities - Renewable	-0.40
MCTR	CTRL Group Ltd	$15M	Communication Services	Advertising Agencies	-0.40
UYSC	UY Scuti Acquisition Corp	$74M	Financial Services	Shell Companies	-0.39

ETFs that lowly correlated with PHO

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
SIJ	ProShares UltraShort Industrials -2x Shares	$5.50M	N/A	Jan 30, 2007	-0.87
MYY	PROSHARES SHORT MIDCAP400	$2.90M	0.95%	Jun 19, 2006	-0.85
SPDN	DIREXION DAILY S&P 500 (R) BEAR 1X SHARES	$195M	0.48%	Jun 8, 2016	-0.84
SH	ProShares Short S&P500 -1x Shares	$973M	0.89%	Jun 19, 2006	-0.84
MZZ	PROSHARES ULTRASHORT MIDCAP400	$2.40M	N/A	Jul 11, 2006	-0.84
SDS	ProShares UltraShort S&P500 -2x Shares	$398M	N/A	Jul 11, 2006	-0.83
TWM	ProShares UltraShort Russell2000 -2x Shares	$38M	N/A	Jan 23, 2007	-0.82
RWM	PROSHARES SHORT RUSSELL2000	$113M	0.95%	Jan 23, 2007	-0.82
DOG	PROSHARES SHORT DOW30	$111M	0.95%	Jun 19, 2006	-0.82
SBB	ProShares Short SmallCap600 -1x Shares	$3.30M	0.95%	Jan 23, 2007	-0.81
DXD	PROSHARES ULTRASHORT DOW30	$46M	N/A	Jul 11, 2006	-0.81
SJB	PROSHARES SHORT HIGH YIELD	$56M	0.95%	Mar 21, 2011	-0.81
SDD	PROSHARES ULTRASHORT SMALLCAP600	$1.20M	N/A	Jan 23, 2007	-0.80
SEF	ProShares Short Financials -1x Shares	$14M	0.95%	Jun 10, 2008	-0.80
SKF	ProShares UltraShort Financials -2x Shares	$11M	N/A	May 23, 2007	-0.79
HDGE	ADVISORSHARES RANGER EQUITY BEAR ETF	$66M	3.62%	Jan 26, 2011	-0.77
EFZ	ProShares Short MSCI EAFE -1X Shares	$12M	0.95%	Oct 23, 2007	-0.76
EMTY	ProShares Decline of the Retail Store ETF -1x Shares	$3M	0.65%	Nov 14, 2017	-0.76
EFU	ProShares UltraShort MSCI EAFE -2x Shares	$1.20M	N/A	Oct 23, 2007	-0.76
REK	PROSHARES SHORT REAL ESTATE	$9.80M	0.95%	Mar 16, 2010	-0.76
SDOW	ProShares UltraPro Short Dow30 -3x Shares	$185M	N/A	Feb 9, 2010	-0.76
DWSH	ADVISORSHARES DORSEY WRIGHT SHORT ETF	$11M	6.22%	Jul 10, 2018	-0.76
HIBS	Direxion Daily S&P 500 High Beta Bear 3X Shares	$17M	N/A	Nov 7, 2019	-0.75
SRS	ProShares UltraShort Real Estate -2x Shares	$16M	N/A	Jan 30, 2007	-0.75
EPV	ProShares UltraShort FTSE Europe -2X Shares	$13M	N/A	Jun 16, 2009	-0.75
SCC	ProShares UltraShort Consumer Discretionary	$6.80M	N/A	Jan 30, 2007	-0.74
SMN	ProShares UltraShort Materials	$4.10M	N/A	Jan 30, 2007	-0.74
PSQ	ProShares Short QQQ -1x Shares	$601M	0.95%	Jun 19, 2006	-0.72
CCUP	T-REX 2X LONG CRCL DAILY TARGET ETF	$25M	N/A	Aug 8, 2025	-0.71
CRCG	LEVERAGE SHARES 2X LONG CRCL DAILY ETF	$67M	N/A	Aug 8, 2025	-0.71
SZK	ProShares UltraShort Consumer Staples	$4.70M	N/A	Jan 30, 2007	-0.71
SMDD	ProShares UltraPro Short MidCap400 -3x Shares	$1.90M	N/A	Feb 9, 2010	-0.70
BNKD	Bank of Montreal	$1.10M	N/A	Feb 20, 2025	-0.69
WEBS	DIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES	$8.70M	N/A	Nov 7, 2019	-0.68
EWV	ProShares UltraShort MSCI Japan -2x Shares	$5.70M	N/A	Nov 6, 2007	-0.67
SPXU	ProShares UltraPro Short S&P 500	$427M	N/A	Jun 23, 2009	-0.65
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	$35M	0.89%	Jan 17, 2018	-0.64
VIXM	ProShares VIX Mid-Term Futures ETF	$40M	0.92%	Jan 3, 2011	-0.64
RBIL	F/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF	$139M	0.17%	Feb 24, 2025	-0.64
XLEI	STATE STREET(R) ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF	$40M	0.35%	Jul 29, 2025	-0.64
METD	DIREXION DAILY META BEAR 1X SHARES	$7.90M	1.02%	Jun 5, 2024	-0.64
UVIX	2x Long VIX Futures ETF	$290M	N/A	Mar 28, 2022	-0.63
REW	ProShares UltraShort Technology -2x Shares	$2.80M	N/A	Jan 30, 2007	-0.63
RXD	ProShares UltraShort Health Care -2x Shares	$3.20M	N/A	Jan 30, 2007	-0.63
EUM	ProShares Short MSCI Emerging Markets -1x Shares	$9.80M	0.95%	Oct 30, 2007	-0.61
TNGY	TORTOISE ENERGY ETF	$515M	0.85%	Dec 27, 2010	-0.61
LABD	DIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&AMP;P BIOTECH BEAR 3X SHARES	$69M	N/A	May 28, 2015	-0.61
EEV	ProShares UltraShort MSCI Emerging Markets -2x Shares	$2.60M	N/A	Oct 30, 2007	-0.61
TAIL	CAMBRIA TAIL RISK ETF	$147M	0.59%	Apr 5, 2017	-0.59
QID	PROSHARES ULTRASHORT QQQ	$233M	N/A	Jul 11, 2006	-0.59
TAPR	Barclays Bank PLC	$11M	0.79%	Mar 31, 2025	-0.58
DIPS	YIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF	$8.20M	1.05%	Jul 23, 2024	-0.57
TSMZ	DIREXION DAILY TSM BEAR 1X SHARES	$2.80M	1.01%	Oct 2, 2024	-0.57
BIS	ProShares UltraShort Nasdaq Biotechnology -2x Shares	$2.20M	N/A	Apr 6, 2010	-0.57
RISR	FOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF	$274M	1.04%	Sep 30, 2021	-0.57
SKRE	TUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF	$5.20M	N/A	Jan 3, 2024	-0.56
DRV	DIREXION DAILY REAL ESTATE BEAR 3X SHARES	$29M	N/A	Jul 16, 2009	-0.55
SARK	TRADR 1X SHORT INNOVATION DAILY ETF	$43M	0.92%	Nov 5, 2021	-0.54
SDP	ProShares UltraShort Utilities -2x Shares	$3.90M	N/A	Jan 30, 2007	-0.54
WTIP	WISDOMTREE INFLATION PLUS FUND	$21M	0.65%	Jun 16, 2025	-0.53
EDZ	DIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES	$14M	N/A	Dec 17, 2008	-0.52
NVDS	Tradr 1.5X Short NVDA Daily ETF	$18M	N/A	Jul 13, 2022	-0.52
CXRN	TEUCRIUM 2X DAILY CORN ETF	$4M	N/A	Dec 12, 2024	-0.52
SLTY	YIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF	$19M	1.25%	Aug 20, 2025	-0.52
QBER	TRUESHARES QUARTERLY BEAR HEDGE ETF	$82M	0.79%	Jun 28, 2024	-0.51
USNG	AMPLIFY SAMSUNG U.S. NATURAL GAS INFRASTRUCTURE ETF	$7.40M	0.59%	May 19, 2025	-0.51
BTAL	AGF U.S. MARKET NEUTRAL ANTI-BETA FUND	$283M	1.40%	Sep 13, 2011	-0.51
NVD	GRANITESHARES 2X SHORT NVDA DAILY ETF	$61M	N/A	Aug 21, 2023	-0.47
NVDQ	T-REX 2X INVERSE NVIDIA DAILY TARGET ETF	$22M	N/A	Oct 18, 2023	-0.46
PFIX	SIMPLIFY INTEREST RATE HEDGE ETF	$176M	0.50%	May 10, 2021	-0.45
NVDD	DIREXION DAILY NVDA BEAR 1X SHARES	$19M	1.01%	Sep 12, 2023	-0.45
NFLW	ROUNDHILL NFLX WEEKLYPAY ETF	$6.70M	N/A	Jun 17, 2025	-0.44
RFIX	Simplify Downside Interest Rate Hedge Strategy ETF	$56M	0.50%	Dec 9, 2024	-0.43
GXPE	GLOBAL X PURECAP MSCI ENERGY ETF	$1.20M	0.15%	Jul 22, 2025	-0.43
YQQQ	YIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF	$16M	1.11%	Aug 14, 2024	-0.43
DRIP	Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF	$131M	N/A	May 28, 2015	-0.43
KMLM	KRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF	$298M	0.90%	Dec 1, 2020	-0.43
TIPA	NORTHERN TRUST 2030 INFLATION-LINKED DISTRIBUTING LADDER ETF	$18M	0.10%	Aug 18, 2025	-0.42
ERY	DIREXION DAILY ENERGY BEAR 2X SHARES	$49M	N/A	Nov 6, 2008	-0.41
QCMU	Direxion Daily QCOM Bull 2X ETF	$30M	N/A	Jun 24, 2025	-0.41
WTID	Bank of Montreal	$18M	N/A	Feb 16, 2023	-0.41
JUCY	APTUS ENHANCED YIELD ETF	$251M	0.60%	Oct 31, 2022	-0.39