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15 Stocks and 85 ETFs for diversifying RSP (INVESCO S&P 500 EQUAL WEIGHT ETF)

The least correlated asset to RSP (INVESCO S&P 500 EQUAL WEIGHT ETF) is ETF MYY (PROSHARES SHORT MIDCAP400). The correlation is -0.9629.

Stocks that lowly correlated with RSP

SymbolName
Market cap
SectorIndustry
Correlation
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.59
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.57
TMDETMD Energy Ltd$18MEnergyOil & Gas Midstream-0.55
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.51
BMGLBasel Medical Group Ltd$11MHealthcareMedical Care Facilities-0.50
PROPPrairie Operating Co. Common Stock$81MEnergyOil & Gas E&p-0.48
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.43
APUSApimeds Pharmaceuticals US Inc$1.82MHealthcareDrug Manufacturers - Specialty & Generic-0.42
HBNBHotel101 Global Holdings Corp$1.36BReal EstateReal Estate Services-0.41
FIGXUFIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$35MFinancial ServicesShell Companies-0.41
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.40
SAFXXCF Global Inc$126MUtilitiesUtilities - Renewable-0.40
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.40
LGPSLogProstyle Inc$16MIndustrialsConglomerates-0.38
TACHTitan Acquisition Corp - Class A$286MFinancial ServicesShell Companies-0.38

ETFs that lowly correlated with RSP

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.96
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.95
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.95
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.94
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.93
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.93
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.93
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.92
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.92
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.92
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.92
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.92
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.92
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.92
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.91
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.91
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.88
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.87
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.87
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.86
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.86
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.86
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.86
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.84
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.84
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.81
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.80
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.79
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.78
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.76
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.76
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.75
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.75
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.75
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.74
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.74
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.74
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.72
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.72
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.71
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.71
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.70
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.69
NFLWROUNDHILL NFLX WEEKLYPAY ETF $16MN/AJun 17, 2025-0.68
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.67
METDDIREXION DAILY META BEAR 1X SHARES $8.60M1.02%Jun 5, 2024-0.67
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.66
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.65
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.65
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $9.80M1.05%Jul 23, 2024-0.65
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.65
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $14M1.11%Aug 14, 2024-0.65
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.63
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.20MN/AMay 15, 2024-0.62
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $40MN/ANov 6, 2008-0.62
RXDProShares UltraShort Health Care -2x Shares$4.90MN/AJan 30, 2007-0.61
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.60
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $23M0.50%Mar 6, 2024-0.58
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.57
QIDPROSHARES ULTRASHORT QQQ $279MN/AJul 11, 2006-0.55
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.55
WTIDBank of Montreal$6.60MN/AFeb 16, 2023-0.54
NVDSTradr 1.5X Short NVDA Daily ETF$23MN/AJul 13, 2022-0.54
OILDBank of Montreal$19MN/ANov 8, 2021-0.54
WZRDOpportunistic Trader ETF$3.90M1.00%Jun 24, 2025-0.53
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.53
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $33MN/AJul 16, 2009-0.53
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$1.10BN/ANov 24, 2008-0.51
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $75MN/AAug 21, 2023-0.50
SDPProShares UltraShort Utilities -2x Shares$4.60MN/AJan 30, 2007-0.48
TNGYTORTOISE ENERGY ETF $600M0.85%Dec 27, 2010-0.48
NVDQT-Rex 2X Inverse NVIDIA Daily Target ETF$36MN/AOct 18, 2023-0.47
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3MN/AJun 16, 2009-0.47
FNGDBank of Montreal$68MN/AJan 22, 2018-0.47
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $23M1.01%Sep 12, 2023-0.47
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $4.80MN/AMar 31, 2025-0.46
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $210M0.50%May 10, 2021-0.44
GGOViShares Global Government Bond USD Hedged Active$44M0.39%Jun 25, 2025-0.43
AVSDIREXION DAILY AVGO BEAR 1X SHARES $6.90M1.03%Oct 9, 2024-0.43
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $228M1.04%Sep 30, 2021-0.43
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $21M1.03%Feb 11, 2025-0.42
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $396M0.51%Dec 18, 2013-0.41
SHRTGOTHAM SHORT STRATEGIES ETF $17M1.35%Jul 31, 2017-0.40
SETHProShares Short Ether ETF$16M0.95%Nov 1, 2023-0.39
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.39