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27 Stocks and 73 ETFs for diversifying RWEM (RAYLIANT NXTGEN MULTIFACTOR EMERGING MARKETS EQUITY ETF)

The least correlated asset to RWEM (RAYLIANT NXTGEN MULTIFACTOR EMERGING MARKETS EQUITY ETF) is ETF XCOM (Ultra Communication Services Select Sector ETF). The correlation is -1.

Stocks that lowly correlated with RWEM

SymbolName
Market cap
SectorIndustry
Correlation
ASICAtegrity Specialty Holdings LLC$1.08BFinancial ServicesInsurance - Property & Casualty-0.64
PLBLPolibeli Group Ltd$2.84BConsumer CyclicalDepartment Stores-0.58
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.57
LHAILinkhome Holdings Inc$19MReal EstateReal Estate Services-0.56
APADEnhanced Group Inc - Class A$161MFinancial ServicesShell Companies-0.53
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.53
GIBOGIBO Holdings Ltd$106MCommunication ServicesInternet Content & Information-0.51
NIQNIQ Global Intelligence plc$3.24BN/AN/A-0.49
PVLAPalvella Therapeutics Inc$2.18BHealthcareBiotechnology-0.49
GSRMBitcoin Depot Inc - Class A$54MN/AN/A-0.48
LGPSLogProstyle Inc$26MIndustrialsConglomerates-0.47
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.45
SIShoulder Innovations Inc$452MN/AN/A-0.45
JCAPJefferson Capital Inc$1.06BFinancial ServicesCredit Services-0.44
VCKAUScilex Holding Company - Units (1 Ord & 1/2 War)$37MN/AN/A-0.44
HPAIHelport AI Ltd$21MTechnologySoftware - Infrastructure-0.44
DGNXDiginex Ltd$28MIndustrialsConsulting Services-0.44
QETARQuetta Acquisition Corp$1.43MN/AN/A-0.43
WAYWaystar Holding Corp$4.35BHealthcareHealth Information Services-0.42
ETSElite Express Holding Inc - Class A$13MIndustrialsTrucking-0.42
APADUA Paradise Acquisition Corp Unit$67MFinancial ServicesShell Companies-0.42
SAFXXCF Global Inc$145MUtilitiesUtilities - Renewable-0.42
SLDESlide Insurance Holdings Inc$2.32BFinancial ServicesInsurance - Property & Casualty-0.42
RAAQReal Asset Acquisition Corp - Class A$231MFinancial ServicesShell Companies-0.42
CAPSCapstone Holding Corp$2.58MBasic MaterialsBuilding Materials-0.42
MHMcGraw Hill Inc$1.95BConsumer DefensiveEducation & Training Services-0.41
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.40

ETFs that lowly correlated with RWEM

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
XCOMUltra Communication Services Select Sector ETF$384KN/AJun 2, 2026-1.00
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.85
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.84
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.83
FIYYGRANITESHARES YIELDBOOST 20Y+ TREASURIES ETF $732K1.07%May 4, 2026-0.81
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.79
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.75
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.74
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.74
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.74
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.72
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.71
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.70
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.70
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.70
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.68
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.67
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.66
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.66
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.65
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.65
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.65
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.65
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.64
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $16M1.03%Feb 11, 2025-0.64
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.64
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.63
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.61
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.61
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $13MN/AMar 31, 2025-0.60
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.60
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.59
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.59
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.58
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.57
QCMDDirexion Daily QCOM Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.56
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.55
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.54
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.54
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.54
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.54
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.53
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.53
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.52
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.52
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.52
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.52
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $61MN/AAug 21, 2023-0.51
SHPUDIREXION DAILY SHOP BULL 2X ETF $15MN/AAug 5, 2025-0.51
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.51
SHRTGOTHAM SHORT STRATEGIES ETF $14M1.35%Jul 31, 2017-0.50
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.50
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.50
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.50
NVDQT-REX 2X INVERSE NVIDIA DAILY TARGET ETF $22MN/AOct 18, 2023-0.50
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $19M1.01%Sep 12, 2023-0.50
CSCSDirexion Daily CSCO Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.49
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.49
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.48
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.48
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.48
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.46
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.46
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.46
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.45
RBLYYIELDMAX(R) RBLX OPTION INCOME STRATEGY ETF $2.40M0.99%Jul 28, 2025-0.45
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.44
BRKUDIREXION DAILY BRKB BULL 2X SHARES $45MN/ADec 10, 2024-0.44
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.43
CXRNTEUCRIUM 2X DAILY CORN ETF $4MN/ADec 12, 2024-0.41
MSFDDIREXION DAILY MSFT BEAR 1X SHARES $11M1.02%Sep 6, 2022-0.41
TBTPROSHARES ULTRASHORT 20+ YEAR TREASURY $280MN/AApr 29, 2008-0.39
TMVDIREXION DAILY 20+ YEAR TREASURY BEAR 3X SHARES $163MN/AApr 16, 2009-0.39