Overview Performance Dividends Correlations

12 Stocks and 88 ETFs for diversifying RAYE (RAYLIANT QUANTAMENTAL EMERGING MARKET EX-CHINA EQUITY ETF)

The least correlated asset to RAYE (RAYLIANT QUANTAMENTAL EMERGING MARKET EX-CHINA EQUITY ETF) is ETF XXV (SIMPLIFY ANCORATO TARGET 25 DISTRIBUTION ETF). The correlation is -1.

Stocks that lowly correlated with RAYE

Symbol	Name	Market cap	Sector	Industry	Correlation
WYHG	Wing Yip Food Holdings Group Ltd	$43M	Consumer Defensive	Packaged Foods	-0.57
NCEW	New Century Logistics (BVI) Ltd	$58M	Industrials	Integrated Freight & Logistics	-0.56
BOW	Bowhead Specialty Holdings Inc	$886M	Financial Services	Insurance - Property & Casualty	-0.56
GLIBA	GCI Liberty Inc - Class A	$926M	Communication Services	Telecom Services	-0.48
IROHU	CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)	$453M	N/A	N/A	-0.45
CGTL	Creative Global Technology Holdings Ltd	$6.55M	Consumer Cyclical	Specialty Retail	-0.43
AGL	Agilon Health Inc	$1.50B	Healthcare	Medical Care Facilities	-0.41
MARPS	Marine Petroleum Trust	$10M	Energy	Oil & Gas Midstream	-0.40
MCTR	CTRL Group Ltd	$15M	Communication Services	Advertising Agencies	-0.40
CNL	Collective Mining Ltd.	$1.40B	Basic Materials	Gold	-0.38
SAFX	XCF Global Inc	$126M	Utilities	Utilities - Renewable	-0.38
CDTG	CDT Environmental Technology Investment Holdings Ltd	$3.77M	Industrials	Waste Management	-0.36

ETFs that lowly correlated with RAYE

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
XXV	SIMPLIFY ANCORATO TARGET 25 DISTRIBUTION ETF	$48M	0.85%	Nov 17, 2025	-1.00
GLDW	SPDR Long Dollar Gold Trust	$25M	0.99%	Oct 29, 2025	-0.94
TSMZ	DIREXION DAILY TSM BEAR 1X SHARES	$2.70M	0.98%	Oct 2, 2024	-0.84
FLYT	DIREXION FLIGHT TO SAFETY STRATEGY ETF	$7.10M	N/A	Oct 22, 2025	-0.83
EEV	ProShares UltraShort MSCI Emerging Markets -2x Shares	$6.10M	N/A	Oct 30, 2007	-0.80
EUM	ProShares Short MSCI Emerging Markets -1x Shares	$8.80M	0.95%	Oct 30, 2007	-0.80
YQQQ	YIELDMAXTM SHORT N100 OPTION INCOME STRATEGY ETF	$14M	0.99%	Aug 14, 2024	-0.78
SH	ProShares Short S&P500 -1x Shares	$1.20B	0.89%	Jun 19, 2006	-0.77
SPDN	DIREXION DAILY S&P 500 (R) BEAR 1X SHARES	$220M	0.47%	Jun 8, 2016	-0.77
SDS	ProShares UltraShort S&P500 -2x Shares	$443M	N/A	Jul 11, 2006	-0.76
AIBD	DIREXION DAILY AI AND BIG DATA BEAR 2X SHARES	$4.20M	N/A	May 15, 2024	-0.74
EWV	ProShares UltraShort MSCI Japan -2x Shares	$7.20M	N/A	Nov 6, 2007	-0.73
HIBS	DIREXION DAILY S&P 500(R) HIGH BETA BEAR 3X SHARES	$19M	N/A	Nov 7, 2019	-0.73
MUD	DIREXION DAILY MU BEAR 1X SHARES	$27M	0.97%	Oct 9, 2024	-0.72
PSQ	ProShares Short QQQ -1x Shares	$519M	0.95%	Jun 19, 2006	-0.72
EFU	ProShares UltraShort MSCI EAFE -2x Shares	$932K	N/A	Oct 23, 2007	-0.71
EFZ	PROSHARES SHORT MSCI EAFE	$16M	0.95%	Oct 23, 2007	-0.71
SDOW	ProShares UltraPro Short Dow30 -3x Shares	$180M	N/A	Feb 9, 2010	-0.69
DXD	PROSHARES ULTRASHORT DOW30	$51M	N/A	Jul 11, 2006	-0.68
DOG	PROSHARES SHORT DOW30	$111M	0.95%	Jun 19, 2006	-0.67
QQQD	DIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES	$23M	0.50%	Mar 6, 2024	-0.67
SIJ	ProShares UltraShort Industrials -2x Shares	$6.20M	N/A	Jan 30, 2007	-0.66
UVIX	2x Long VIX Futures ETF	$499M	N/A	Mar 28, 2022	-0.66
SJB	PROSHARES SHORT HIGH YIELD	$103M	0.95%	Mar 21, 2011	-0.66
MZZ	PROSHARES ULTRASHORT MIDCAP400	$734K	N/A	Jul 11, 2006	-0.66
AVS	DIREXION DAILY AVGO BEAR 1X SHARES	$6.90M	0.98%	Oct 9, 2024	-0.65
MYY	PROSHARES SHORT MIDCAP400	$2.70M	N/A	Jun 19, 2006	-0.65
BNKD	Bank of Montreal	$1.40M	N/A	Feb 20, 2025	-0.65
QBER	TRUESHARES QUARTERLY BEAR HEDGE ETF	$62M	0.79%	Jun 28, 2024	-0.64
DIPS	YieldMax Short NVDA Option Income Strategy ETF	$9.80M	0.99%	Jul 23, 2024	-0.64
RWM	PROSHARES SHORT RUSSELL2000	$143M	0.95%	Jan 23, 2007	-0.64
TWM	ProShares UltraShort Russell2000 -2x Shares	$47M	N/A	Jan 23, 2007	-0.62
SEF	ProShares Short Financials -1x Shares	$18M	0.95%	Jun 10, 2008	-0.62
SCC	ProShares UltraShort Consumer Discretionary	$6.20M	N/A	Jan 30, 2007	-0.62
MSFD	DIREXION DAILY MSFT BEAR 1X SHARES	$42M	1.02%	Sep 6, 2022	-0.62
EDZ	DIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES	$37M	N/A	Dec 17, 2008	-0.61
DWSH	ADVISORSHARES DORSEY WRIGHT SHORT ETF	$9M	6.22%	Jul 10, 2018	-0.61
BTAL	AGF U.S. MARKET NEUTRAL ANTI-BETA FUND	$321M	1.40%	Sep 13, 2011	-0.60
SKF	ProShares UltraShort Financials -2x Shares	$16M	N/A	May 23, 2007	-0.60
SBB	PROSHARES SHORT SMALLCAP600	$4.10M	0.95%	Jan 23, 2007	-0.60
REKT	DIREXION DAILY CRYPTO INDUSTRY BEAR 1X SHARES	N/A	0.49%	Jul 16, 2024	-0.59
WEBS	DIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES	$10M	N/A	Nov 7, 2019	-0.58
NVD	GRANITESHARES 2X SHORT NVDA DAILY ETF	$75M	N/A	Aug 21, 2023	-0.58
REW	ProShares UltraShort Technology -2x Shares	$3.70M	N/A	Jan 30, 2007	-0.58
NVDS	Tradr 1.5X Short NVDA Daily ETF	$23M	N/A	Jul 13, 2022	-0.58
SDD	PROSHARES ULTRASHORT SMALLCAP600	$1.60M	N/A	Jan 23, 2007	-0.58
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	$37M	0.89%	Jan 17, 2018	-0.58
XDIV	ROUNDHILL S&P 500 NO DIVIDEND TARGET ETF	$47M	0.08%	Jul 9, 2025	-0.58
VIXM	ProShares VIX Mid-Term Futures ETF	$56M	1.10%	Jan 3, 2011	-0.58
NVDQ	T-Rex 2X Inverse NVIDIA Daily Target ETF	$36M	N/A	Oct 18, 2023	-0.57
NVDD	DIREXION DAILY NVDA BEAR 1X SHARES	$23M	1.02%	Sep 12, 2023	-0.57
QID	PROSHARES ULTRASHORT QQQ	$279M	N/A	Jul 11, 2006	-0.57
SRS	ProShares UltraShort Real Estate -2x Shares	$17M	N/A	Jan 30, 2007	-0.56
REK	PROSHARES SHORT REAL ESTATE	$12M	0.95%	Mar 16, 2010	-0.56
HDGE	ADVISORSHARES RANGER EQUITY BEAR ETF	$66M	3.62%	Jan 26, 2011	-0.55
SETH	ProShares Short Ether ETF	$16M	N/A	Nov 1, 2023	-0.53
EMTY	PROSHARES DECLINE OF THE RETAIL STORE ETF	$2.90M	0.65%	Nov 14, 2017	-0.50
SARK	TRADR 1X SHORT INNOVATION DAILY ETF	$68M	N/A	Nov 5, 2021	-0.50
SMN	ProShares UltraShort Materials	$3.10M	N/A	Jan 30, 2007	-0.50
LABD	DIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&AMP;P BIOTECH BEAR 3X SHARES	$69M	N/A	May 28, 2015	-0.49
ETHD	ProShares UltraShort Ether ETF	$84M	N/A	Jun 6, 2024	-0.49
CONI	GRANITESHARES 2X SHORT COIN DAILY ETF	$17M	N/A	Sep 4, 2024	-0.49
SMDD	ProShares UltraPro Short MidCap400 -3x Shares	$1.90M	N/A	Feb 9, 2010	-0.48
TIER	T. ROWE PRICE INTERNATIONAL EQUITY RESEARCH ETF	$28M	0.38%	Jun 25, 2025	-0.46
AMZD	DIREXION DAILY AMZN BEAR 1X SHARES	$17M	1.02%	Sep 6, 2022	-0.46
LDRI	ISHARES IBONDS 1-5 YEAR TIPS LADDER ETF	$19M	0.10%	Nov 7, 2024	-0.45
AAPD	DIREXION DAILY AAPL BEAR 1X SHARES	$16M	1.00%	Aug 8, 2022	-0.45
SZK	PROSHARES ULTRASHORT CONSUMER STAPLES	$4.70M	N/A	Jan 30, 2007	-0.45
TMV	DIREXION DAILY 20+ YEAR TREASURY BEAR 3X SHARES	$176M	N/A	Apr 16, 2009	-0.44
TBT	PROSHARES ULTRASHORT 20+ YEAR TREASURY	$296M	N/A	Apr 29, 2008	-0.44
TTT	ProShares UltraPro Short 20+ Year Treasury -3x Shares	$19M	N/A	Mar 27, 2012	-0.44
USDU	WISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND	$396M	0.50%	Dec 18, 2013	-0.44
TBF	PROSHARES SHORT 20+ YEAR TREASURY	$81M	0.95%	Aug 18, 2009	-0.44
PFIX	SIMPLIFY INTEREST RATE HEDGE ETF	$210M	0.50%	May 10, 2021	-0.43
METD	DIREXION DAILY META BEAR 1X SHARES	$8.60M	N/A	Jun 5, 2024	-0.43
PLTD	T-REX 2X INVERSE PLTR DAILY TARGET ETF	$29M	0.97%	Dec 10, 2024	-0.43
BIS	ProShares UltraShort Nasdaq Biotechnology -2x Shares	$2.50M	N/A	Apr 6, 2010	-0.42
FNGD	Bank of Montreal	$68M	N/A	Jan 22, 2018	-0.41
FIAT	YieldMax Short COIN Option Income Strategy ETF	$39M	1.00%	Jul 9, 2024	-0.41
SDP	ProShares UltraShort Utilities -2x Shares	$4.60M	N/A	Jan 30, 2007	-0.39
SPXU	ProShares UltraPro Short S&P 500	$562M	N/A	Jun 23, 2009	-0.39
EUO	ProShares UltraShort Euro -2X Shares	$38M	N/A	Nov 24, 2008	-0.38
UUP	Invesco DB US Dollar Index Bullish Fund	$352M	0.75%	Feb 20, 2007	-0.38
RFIX	Simplify Downside Interest Rate Hedge Strategy ETF	$56M	0.50%	Dec 9, 2024	-0.37
KMLM	KRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF	$307M	0.90%	Dec 1, 2020	-0.37
PST	PROSHARES ULTRASHORT 7-10 YEAR TREASURY	$11M	N/A	Apr 29, 2008	-0.37
TYO	DIREXION DAILY 7-10 YEAR TREASURY BEAR 3X SHARES	$11M	N/A	Apr 16, 2009	-0.36
CRSH	YieldMax Short TSLA Option Income Strategy ETF	$19M	1.14%	May 1, 2024	-0.36