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22 Stocks and 78 ETFs for diversifying PIE (INVESCO DORSEY WRIGHT EMERGING MARKETS MOMENTUM ETF)

The least correlated asset to PIE (INVESCO DORSEY WRIGHT EMERGING MARKETS MOMENTUM ETF) is ETF EUM (ProShares Short MSCI Emerging Markets -1x Shares). The correlation is -0.8713.

Stocks that lowly correlated with PIE

SymbolName
Market cap
SectorIndustry
Correlation
SLDESlide Insurance Holdings Inc$2.32BFinancial ServicesInsurance - Property & Casualty-0.56
PLBLPolibeli Group Ltd$2.84BConsumer CyclicalDepartment Stores-0.54
LGPSLogProstyle Inc$26MIndustrialsConglomerates-0.52
PGACPantages Capital Acquisition Corp Cl A Ord Shs$118MFinancial ServicesShell Companies-0.49
HPAIHelport AI Ltd$21MTechnologySoftware - Infrastructure-0.48
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.47
GSRMBitcoin Depot Inc - Class A$54MN/AN/A-0.47
ORIQUOrigin Investment Corp I - Units (1 Ord Cls & 1/2 War)$22MFinancial ServicesShell Companies-0.46
GSHRGesher Acquisition Corp II - Class A$157MFinancial ServicesShell Companies-0.46
MHMcGraw Hill Inc$1.95BConsumer DefensiveEducation & Training Services-0.43
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.42
MAGHMagnitude International Ltd$230MIndustrialsEngineering & Construction-0.41
LHAILinkhome Holdings Inc$19MReal EstateReal Estate Services-0.41
SDHIRSiddhi Acquisition Corp$1.13MN/AN/A-0.41
FIGFigma Inc - Class A$12BTechnologySoftware - Application-0.41
SIShoulder Innovations Inc$452MN/AN/A-0.40
VNMEUVendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War)$52MFinancial ServicesShell Companies-0.40
FIGXUFIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$35MFinancial ServicesShell Companies-0.39
NIQNIQ Global Intelligence plc$3.24BN/AN/A-0.39
RIBBRRibbon Acquisition Corp Rights$277KN/AN/A-0.39
YOULYoulife Group Inc$41MConsumer DefensiveEducation & Training Services-0.39
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.38

ETFs that lowly correlated with PIE

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.87
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.86
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.75
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.74
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.73
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.71
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.69
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.69
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.68
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.67
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.67
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.67
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.66
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.66
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.66
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.66
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.65
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.65
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.64
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.63
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.63
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.63
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.62
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.62
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.61
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.60
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.60
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.59
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.59
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.59
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.57
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.57
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.57
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.56
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.56
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.56
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.56
YXIProShares Short FTSE China 50 -1x Shares$5M0.95%Mar 16, 2010-0.56
FXPProShares UltraShort FTSE China 50 -2x Shares$7.60MN/ANov 6, 2007-0.54
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.54
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.54
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.53
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.53
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.53
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.53
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.53
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.53
SHPUDIREXION DAILY SHOP BULL 2X ETF $15MN/AAug 5, 2025-0.53
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.52
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.52
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.51
YANGDIREXION DAILY FTSE CHINA BEAR 3X SHARES $104MN/ADec 3, 2009-0.50
RTXGLeverage Shares 2X Long RTX Daily ETF$4.50MN/AJun 5, 2025-0.49
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.48
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $16M1.03%Feb 11, 2025-0.48
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.47
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3.20MN/AJun 16, 2009-0.47
WTIDBank of Montreal$18MN/AFeb 16, 2023-0.47
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.46
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.46
SHRTGOTHAM SHORT STRATEGIES ETF $14M1.35%Jul 31, 2017-0.45
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.45
CXRNTEUCRIUM 2X DAILY CORN ETF $4MN/ADec 12, 2024-0.45
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.44
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $13MN/AMar 31, 2025-0.44
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.44
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.44
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.42
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.41
UUPInvesco DB US Dollar Index Bullish Fund$436M0.75%Feb 20, 2007-0.41
QCMDDirexion Daily QCOM Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.41
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$895MN/ANov 24, 2008-0.40
NOWLGRANITESHARES 2X LONG NOW DAILY ETF $286MN/AJul 14, 2025-0.40
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.40
GGLSDirexion Daily GOOGL Bear 1X ETF$13M1.02%Sep 6, 2022-0.40
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.39
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $61MN/AAug 21, 2023-0.38
OILDBank of Montreal$53MN/ANov 8, 2021-0.38