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57 Stocks and 43 ETFs for diversifying RKLX (DEFIANCE DAILY TARGET 2X LONG RKLB ETF)

The least correlated asset to RKLX (DEFIANCE DAILY TARGET 2X LONG RKLB ETF) is ETF NTRL (First Trust Equity Market Neutral ETF). The correlation is -1.

Stocks that lowly correlated with RKLX

SymbolName
Market cap
SectorIndustry
Correlation
GSRMBitcoin Depot Inc - Class A$54MN/AN/A-0.91
SMTKSmartKem, Inc. Common Stock$4.23MTechnologySemiconductor Equipment & Materials-0.87
OPTNOptiNose Inc$112MN/AN/A-0.86
RLIRLI Corp$5.34BFinancial ServicesInsurance - Property & Casualty-0.71
ASICAtegrity Specialty Holdings LLC$1.08BFinancial ServicesInsurance - Property & Casualty-0.70
CNACNA Financial Corp$14BFinancial ServicesInsurance - Property & Casualty-0.68
TRVTravelers Companies Inc$70BFinancial ServicesInsurance - Property & Casualty-0.65
SANDSandstorm Gold Ltd$3.63BBasic MaterialsGold-0.65
FNWDFinward Bancorp$157MFinancial ServicesBanks - Regional-0.64
DGXQuest Diagnostics Inc$22BHealthcareDiagnostics & Research-0.62
ADCAgree Realty Corp$9.32BReal EstateReit - Retail-0.61
SAFTSafety Insurance Group Inc$1.06BFinancial ServicesInsurance - Property & Casualty-0.60
CBChubb Ltd$131BFinancial ServicesInsurance - Property & Casualty-0.60
PORPortland General Electric Company$6.04BUtilitiesUtilities - Regulated Electric-0.59
INVAInnoviva Inc$1.62BHealthcareBiotechnology-0.58
LLoews Corp$23BFinancial ServicesInsurance - Property & Casualty-0.57
SFBCSound Financial Bancorp Inc$120MFinancial ServicesBanks - Regional-0.57
DTSQDT Cloud Star Acquisition Corp$70MFinancial ServicesShell Companies-0.56
SLGCSomaLogic Inc - Class A$393MHealthcareHealth Information Services-0.56
RNRRenaissanceRe Holdings Ltd$13BFinancial ServicesInsurance - Reinsurance-0.56
ALLAllstate Corp (The)$62BFinancial ServicesInsurance - Property & Casualty-0.56
BOTJBank of James Financial Group Inc$119MFinancial ServicesBanks - Regional-0.56
AXSAxis Capital Holdings Ltd$8.19BFinancial ServicesInsurance - Specialty-0.56
PTLEPTL Ltd$70MConsumer CyclicalSpecialty Retail-0.55
EBRCentrais Eletricas Brasileiras S.A.$25BUtilitiesUtilities - Renewable-0.54
GFLGFL Environmental Inc (Sub Voting)$14BIndustrialsWaste Management-0.54
PINEAlpine Income Property Trust Inc$335MReal EstateReit - Retail-0.54
ACGLArch Capital Group Ltd$35BFinancial ServicesInsurance - Diversified-0.53
PLMRPalomar Holdings Inc$3.49BFinancial ServicesInsurance - Property & Casualty-0.53
PCRXPacira BioSciences Inc$996MHealthcareDrug Manufacturers - Specialty & Generic-0.53
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.52
WCNWaste Connections Inc$43BIndustrialsWaste Management-0.52
VREVeris Residential, Inc.$1.78BReal EstateReit - Residential-0.52
LEXXLexaria Bioscience Corp$15MHealthcareBiotechnology-0.52
VACHVoyager Acquisition Corp - Class A$279MFinancial ServicesShell Companies-0.52
LSBKLake Shore Bancorp Inc$134MFinancial ServicesBanks - Regional-0.51
NHINational Health Investors Inc$3.66BReal EstateReit - Healthcare Facilities-0.51
CORCencora Inc$58BHealthcareMedical Distribution-0.51
AWRAmerican States Water Company$3.32BUtilitiesUtilities - Regulated Water-0.51
HMNHorace Mann Educators Corp$2.09BFinancial ServicesInsurance - Property & Casualty-0.51
ORIOld Republic International Corp$9.79BFinancial ServicesInsurance - Property & Casualty-0.51
CWTCalifornia Water Service Group$2.98BUtilitiesUtilities - Regulated Water-0.50
CTRACoterra Energy Inc.$25BEnergyOil & Gas E&p-0.50
SAFXXCF Global Inc$145MUtilitiesUtilities - Renewable-0.50
MCKMckesson Corporation$98BHealthcareMedical Distribution-0.49
ELPCia Paranaense De Energia Copel$6.88BUtilitiesUtilities - Regulated Electric-0.48
EPRTEssential Properties Realty Trust Inc$6.77BReal EstateReit - Retail-0.48
GRDNGuardian Pharmacy Services Inc$2.54BHealthcareMedical Care Facilities-0.48
HGHamilton Insurance Group Ltd - Class B$3.35BFinancial ServicesInsurance - Reinsurance-0.48
AFYAAfya Ltd - Class A$1.26BConsumer DefensiveEducation & Training Services-0.48
WDFCWD-40 Company$3.35BBasic MaterialsSpecialty Chemicals-0.48
SENEBSeneca Foods Corp - Class B$1.20BConsumer DefensivePackaged Foods-0.47
AVBCAvidia Bancorp Inc$407MFinancial ServicesBanks - Regional-0.47
COKECoca-Cola Consolidated Inc$13BConsumer DefensiveBeverages - Non-alcoholic-0.47
GDSTGoldenstone Acquisition Ltd$23MFinancial ServicesShell Companies-0.47
APADEnhanced Group Inc - Class A$161MFinancial ServicesShell Companies-0.47
HIGHartford Financial Services Group Inc$37BFinancial ServicesInsurance - Diversified-0.47

ETFs that lowly correlated with RKLX

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
NTRLFirst Trust Equity Market Neutral ETF$19M0.95%Feb 4, 2020-1.00
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
FIYYGRANITESHARES YIELDBOOST 20Y+ TREASURIES ETF $732K1.07%May 4, 2026-1.00
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.71
SMCPAlphaMark Actively Managed Small Cap ETF$3.50M0.79%May 11, 2026-0.71
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.65
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.63
BITIProShares Short Bitcoin ETF$144M1.01%Jun 21, 2022-0.60
BTCZT-REX 2X INVERSE BITCOIN DAILY TARGET ETF $30MN/AJul 9, 2024-0.60
SBITProShares UltraShort Bitcoin ETF$219MN/AApr 1, 2024-0.59
WNTRYieldMax Short MSTR Option Income Strategy ETF$81M1.00%Mar 26, 2025-0.59
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.58
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $61MN/AAug 21, 2023-0.56
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $35M1.05%Jul 9, 2024-0.56
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $19M1.01%Sep 12, 2023-0.56
NVDQT-REX 2X INVERSE NVIDIA DAILY TARGET ETF $22MN/AOct 18, 2023-0.56
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.56
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.55
CONIGRANITESHARES 2X SHORT COIN DAILY ETF $16MN/ASep 4, 2024-0.55
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.54
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $13MN/AMar 31, 2025-0.54
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.54
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.52
QCMDDirexion Daily QCOM Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.52
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $16M1.03%Feb 11, 2025-0.52
KBWPINVESCO KBW PROPERTY & CASUALTY INSURANCE ETF $267M0.35%Dec 2, 2010-0.52
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.52
MSFDDIREXION DAILY MSFT BEAR 1X SHARES $11M1.02%Sep 6, 2022-0.52
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.51
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.51
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.50
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.50
SHRTGOTHAM SHORT STRATEGIES ETF $14M1.35%Jul 31, 2017-0.50
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.50
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.50
BRKWROUNDHILL BRKB WEEKLYPAY ETF $16MN/AJun 17, 2025-0.49
SMSTDEFIANCE DAILY TARGET 2X SHORT MSTR ETF $49MN/AAug 20, 2024-0.48
MSTZT-REX 2X INVERSE MSTR DAILY TARGET ETF $148MN/ASep 17, 2024-0.48
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.48
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.48
IAKISHARES U.S. INSURANCE ETF $422M0.38%May 1, 2006-0.47
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.46