28 Stocks and 72 ETFs for diversifying RSPM (INVESCO S&P 500 EQUAL WEIGHT MATERIALS ETF)
The least correlated asset to RSPM (INVESCO S&P 500 EQUAL WEIGHT MATERIALS ETF) is ETF SMN (ProShares UltraShort Materials). The correlation is -0.9503.
Stocks that lowly correlated with RSPM
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| OMDA | Omada Health Inc | $975M | Healthcare | Health Information Services | -0.58 |
| AII | American Integrity Insurance Group Inc | $328M | Financial Services | Insurance - Property & Casualty | -0.54 |
| DAIC | CID HoldCo Inc | $5.39M | Technology | Information Technology Services | -0.53 |
| WETO | Webus International Ltd | $11M | Technology | Software - Infrastructure | -0.50 |
| DGNX | Diginex Ltd | $31M | Industrials | Consulting Services | -0.50 |
| HNGE | Hinge Health Inc - Class A | $4.21B | Healthcare | Health Information Services | -0.49 |
| PLMKU | Plum Acquisition Corp IV - Units (1 Ord cls A & 1/2 Warr) | $54M | Financial Services | Shell Companies | -0.49 |
| MENS | Jyong Biotech Ltd | $164M | Healthcare | Biotechnology | -0.48 |
| BMGL | Basel Medical Group Ltd | $11M | Healthcare | Medical Care Facilities | -0.48 |
| TWNP | Twin Hospitality Group Inc. Class A Common Stock | $4.08M | Consumer Cyclical | Restaurants | -0.48 |
| CDTG | CDT Environmental Technology Investment Holdings Ltd | $3.77M | Industrials | Waste Management | -0.47 |
| BGM | Qilian International Holding Group Ltd - Class A | $7.45M | Healthcare | Drug Manufacturers - Specialty & Generic | -0.45 |
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $20M | Financial Services | Shell Companies | -0.43 |
| APUS | Apimeds Pharmaceuticals US Inc | $1.82M | Healthcare | Drug Manufacturers - Specialty & Generic | -0.42 |
| SAFX | XCF Global Inc | $126M | Utilities | Utilities - Renewable | -0.41 |
| DBTX | Decibel Therapeutics Inc | $123M | N/A | N/A | -0.40 |
| FLAC | Frazier Lifesciences Acquisition Corp - Class A | $175M | N/A | N/A | -0.40 |
| VCKAU | Scilex Holding Company - Units (1 Ord & 1/2 War) | $37M | N/A | N/A | -0.39 |
| PROP | Prairie Operating Co. Common Stock | $81M | Energy | Oil & Gas E&p | -0.39 |
| TACH | Titan Acquisition Corp - Class A | $286M | Financial Services | Shell Companies | -0.39 |
| FIGXU | FIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War) | $35M | Financial Services | Shell Companies | -0.39 |
| HCHL | Happy City Holdings Ltd - Class A | $59M | Consumer Cyclical | Restaurants | -0.39 |
| CHACU | Crane Harbor Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $72M | Financial Services | Shell Companies | -0.38 |
| WYHG | Wing Yip Food Holdings Group Ltd | $43M | Consumer Defensive | Packaged Foods | -0.38 |
| NTWOU | Newbury Street II Acquisition Corp - Units (1 Ord Cls A & 1/2 War) | $183M | Financial Services | Shell Companies | -0.38 |
| EPWK | EPWK Holdings Ltd - Class A | $9.78K | Technology | Software - Application | -0.38 |
| AACT | Ares Acquisition Corporation II - Class A | $588M | Financial Services | Shell Companies | -0.37 |
| MCACU | ConnectM Technology Solutions Inc - Units (1 Ord Class A 1 War & 1 Right) | $70M | Financial Services | Shell Companies | -0.36 |