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22 Stocks and 78 ETFs for diversifying PTL (INSPIRE 500 ETF)

The least correlated asset to PTL (INSPIRE 500 ETF) is ETF XCOM (Ultra Communication Services Select Sector ETF). The correlation is -1.

Stocks that lowly correlated with PTL

SymbolName
Market cap
SectorIndustry
Correlation
PLMIUPlum Acquisition Corp I - Units (1 Ord Share Class A & 1/5 War)$232MN/AN/A-0.83
AACIWArmada Acquisition Corp I - Warrants (13/08/2026)$20MN/AN/A-0.74
PTWOUSBC Medical Group Holdings Inc - Units (1 Ord Class A & 1 War)$1.13BN/AN/A-0.72
GSRMBitcoin Depot Inc - Class A$54MN/AN/A-0.68
SMTKSmartKem, Inc. Common Stock$4.23MTechnologySemiconductor Equipment & Materials-0.67
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.60
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.58
DMDesktop Metal Inc - Class A$165MN/AN/A-0.53
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.53
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.51
GATEVISTASHARES TARGET 15 GATE ENDOWMENT DISTRIBUTION ETF $425MFinancial ServicesShell Companies-0.51
CPSRGelesis Holdings Inc - Class A$1.87BN/AN/A-0.50
CRVOCervoMed Inc$28MHealthcareBiotechnology-0.50
GATEUMarblegate Acquisition Corp - Units (1 Ord Share Class A & 1/2 War)$340MFinancial ServicesShell Companies-0.49
OYSEOyster Enterprises II Acquisition Corp$268MFinancial ServicesShell Companies-0.49
VSTAVasta Platform Ltd Class A$394MConsumer DefensiveEducation & Training Services-0.49
PLBLPolibeli Group Ltd$2.84BConsumer CyclicalDepartment Stores-0.48
HBNBHotel101 Global Holdings Corp$1.31BReal EstateReal Estate Services-0.47
MLGOMicroAlgo Inc$31MTechnologySoftware - Infrastructure-0.47
EDConsolidated Edison Inc$40BUtilitiesUtilities - Regulated Electric-0.47
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.47
PRAProAssurance Corporation$1.29BFinancial ServicesInsurance - Property & Casualty-0.45

ETFs that lowly correlated with PTL

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
XCOMUltra Communication Services Select Sector ETF$384KN/AJun 2, 2026-1.00
ONGLeverage Shares 2X Long ON Daily ETF$1.90MN/AJun 1, 2026-1.00
NTRLFirst Trust Equity Market Neutral ETF$19M0.95%Feb 4, 2020-1.00
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.92
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.91
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.91
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.91
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.90
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.90
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.89
FIYYGRANITESHARES YIELDBOOST 20Y+ TREASURIES ETF $732K1.07%May 4, 2026-0.89
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.88
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.88
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.88
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.87
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.84
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.83
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.83
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.82
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.82
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.81
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.78
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.77
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.77
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.77
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.76
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.74
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.73
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.73
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.73
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.73
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.72
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.70
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.70
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.69
CLIMCLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF $1.30M0.90%Mar 11, 2026-0.69
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.67
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.67
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.66
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.65
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.64
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.64
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.64
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.63
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.60
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.60
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.60
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.59
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.57
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.57
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.56
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $13MN/AMar 31, 2025-0.56
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.56
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $19M1.01%Sep 12, 2023-0.56
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $10M1.02%Sep 6, 2022-0.55
NVDQT-REX 2X INVERSE NVIDIA DAILY TARGET ETF $22MN/AOct 18, 2023-0.55
MSFDDIREXION DAILY MSFT BEAR 1X SHARES $11M1.02%Sep 6, 2022-0.55
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $61MN/AAug 21, 2023-0.54
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $16M1.03%Feb 11, 2025-0.54
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.53
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.53
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.53
SHRTGOTHAM SHORT STRATEGIES ETF $14M1.35%Jul 31, 2017-0.52
PANGLEVERAGE SHARES 2X LONG PANW DAILY ETF $8.90MN/AMar 20, 2025-0.51
BRKUDIREXION DAILY BRKB BULL 2X SHARES $45MN/ADec 10, 2024-0.51
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.51
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.51
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.51
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $16M1.05%May 1, 2024-0.50
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.49
ETHDProShares UltraShort Ether ETF$86MN/AJun 6, 2024-0.47
LDRTISHARES IBONDS 1-5 YEAR TREASURY LADDER ETF $132M0.07%Nov 7, 2024-0.47
TSLSDirexion Daily TSLA Bear 1X Shares$66M0.95%Aug 8, 2022-0.46
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $35M1.05%Jul 9, 2024-0.46
TSLQTradr 2X Short TSLA Daily ETF$114MN/AJul 13, 2022-0.46
TSDDGRANITESHARES 2X SHORT TSLA DAILY ETF $39MN/AAug 21, 2023-0.45
TSLZT-REX 2X INVERSE TESLA DAILY TARGET ETF $31MN/AOct 18, 2023-0.45
QCMDDirexion Daily QCOM Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.45