93 Stocks and 7 ETFs for diversifying SBIL (Simplify Government Money Market ETF)
The least correlated asset to SBIL (Simplify Government Money Market ETF) is ETF NTRL (First Trust Equity Market Neutral ETF). The correlation is -1.
Stocks that lowly correlated with SBIL
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| HMST | HomeStreet Inc | $262M | N/A | N/A | -1.00 |
| BLDE | Blade Air Mobility Inc - Class A | $385M | N/A | N/A | -1.00 |
| DALN | DallasNews Corporation - Class A | $88M | N/A | N/A | -1.00 |
| MGRM | Monogram Technologies Inc | $213M | Healthcare | Medical Devices | -1.00 |
| THTX | Theratechnologies Inc | $167M | Healthcare | Biotechnology | -1.00 |
| OLO | Olo Inc - Class A | $1.87B | Technology | Software - Application | -1.00 |
| VRNA | Verona Pharma Plc | $78B | Healthcare | Biotechnology | -1.00 |
| SPTN | SpartanNash Company | $922M | Consumer Defensive | Food Distribution | -0.98 |
| ATCOL | Atlas Corp | $3.36B | N/A | N/A | -0.98 |
| SNV-P-D | Synovus Financial Corp | $3.51B | N/A | Other | -0.98 |
| EBTC | Enterprise Bancorp Inc | $495M | Financial Services | Banks - Regional | -0.98 |
| ANSS | Ansys Inc | $33B | Technology | Software - Application | -0.98 |
| BASE | Couchbase Inc | $1.34B | Technology | Software - Infrastructure | -0.98 |
| CUBI-P-F | Customers Bancorp Inc | $842M | N/A | Other | -0.95 |
| VOR | Vor Biopharma Inc | $980M | Healthcare | Biotechnology | -0.94 |
| SY | So-Young International Inc | $143M | Healthcare | Health Information Services | -0.93 |
| SVA | Sinovac Biotech Ltd | $465M | Healthcare | Biotechnology | -0.93 |
| WW | WW International Inc | $151M | Healthcare | Medical Care Facilities | -0.93 |
| PAPL | Pineapple Financial Inc | $25M | Financial Services | Mortgage Finance | -0.93 |
| GHLD | Guild Holdings Company | $1.25B | Financial Services | Mortgage Finance | -0.93 |
| VIOT | Viomi Technology Co Ltd | $55M | Consumer Cyclical | Furnishings, Fixtures & Appliances | -0.92 |
| BMNR | BitMine Immersion Technologies Inc | $9.16B | Financial Services | Capital Markets | -0.92 |
| BGFV | Big 5 Sporting Goods Corp | $32M | Consumer Cyclical | Specialty Retail | -0.92 |
| KEQU | Kewaunee Scientific Corporation | $107M | Consumer Cyclical | Furnishings, Fixtures & Appliances | -0.92 |
| SWIN | Solowin Holdings | $54M | N/A | N/A | -0.91 |
| PROK | ProKidney Corp - Class A | $138M | Healthcare | Biotechnology | -0.91 |
| WKHS | Workhorse Group Inc | $27M | Consumer Cyclical | Auto Manufacturers | -0.91 |
| SCNX | Scienture Holdings Inc | $17M | Healthcare | Pharmaceutical Retailers | -0.91 |
| BLUW | Clarus Therapeutics Holdings Inc - Class A | $333M | Financial Services | Shell Companies | -0.91 |
| HLVX | HilleVax Inc | $105M | Healthcare | Biotechnology | -0.91 |
| VRNT | Verint Systems Inc | $1.24B | Technology | Software - Infrastructure | -0.90 |
| MPU | Mega Matrix Inc - Class A | $13M | Communication Services | Entertainment | -0.90 |
| LIXT | Nomad Power Solutions Inc | $89M | Industrials | Electrical Equipment & Parts | -0.89 |
| CURR | Currenc Group Inc | $251M | Technology | Software - Application | -0.89 |
| BNKK | Bonk Inc | $10M | Financial Services | Asset Management | -0.89 |
| STG | Sunlands Technology Group | $49M | Consumer Defensive | Education & Training Services | -0.89 |
| YB | Yuanbao Inc | $656M | Technology | Software - Application | -0.89 |
| CNVS | Cineverse Corp - Class A | $49M | Communication Services | Entertainment | -0.88 |
| LITS | Lite Strategy Inc | $35M | Healthcare | Biotechnology | -0.88 |
| HROWM | Harrow Inc | $1.01B | N/A | None | -0.88 |
| INKT | MiNK Therapeutics Inc | $53M | Healthcare | Biotechnology | -0.87 |
| PRA | ProAssurance Corporation | $1.29B | Financial Services | Insurance - Property & Casualty | -0.87 |
| VVOS | Vivos Therapeutics Inc | $5.57M | Healthcare | Medical Devices | -0.87 |
| BTCS | BTCS Inc | $51M | Financial Services | Capital Markets | -0.87 |
| AMPGW | Amplitech Group Inc - Warrants (26/02/2026) | $46M | N/A | N/A | -0.87 |
| TFINP | Triumph Financial Inc | $529M | Financial Services | Banks - Regional | -0.87 |
| MNY | MoneyHero Ltd - Class A | $42M | Communication Services | Internet Content & Information | -0.87 |
| FEDU | Four Seasons Education (Cayman) Inc | $225M | Consumer Defensive | Education & Training Services | -0.86 |
| SDM | Smart Digital Group Ltd | $59M | Communication Services | Advertising Agencies | -0.86 |
| MSC | Studio City International Holdings Ltd | $516M | Consumer Cyclical | Resorts & Casinos | -0.86 |
| GPUS-P-D | Hyperscale Data Inc Pfd Ser D 13.00 | $7.44B | N/A | N/A | -0.85 |
| ATMCR | AlphaTime Acquisition Corp | $411K | N/A | N/A | -0.85 |
| RILYK | BRC Group Holdings, Inc. 5.50% Senior Notes Due 2026 | $1.96B | N/A | N/A | -0.85 |
| CVM | Cel-Sci Corp | $10M | Healthcare | Biotechnology | -0.85 |
| GNS | Genius Group Ltd | $30M | Consumer Defensive | Education & Training Services | -0.85 |
| BGLC | BioNexus Gene Lab Corp | $4.06M | Basic Materials | Specialty Chemicals | -0.84 |
| ABVX | Abivax | $11B | Healthcare | Biotechnology | -0.84 |
| SLAI | SOLAI Ltd | $12M | Technology | Information Technology Services | -0.84 |
| BTCM | BIT Mining Limited | $44M | Technology | Information Technology Services | -0.84 |
| GCL | GCL Global Holdings Ltd | $53M | Communication Services | Electronic Gaming & Multimedia | -0.84 |
| NEWTZ | NewtekOne Inc | $720M | N/A | Other | -0.83 |
| IXHL | Incannex Healthcare Inc | $44M | Healthcare | Drug Manufacturers - Specialty & Generic | -0.83 |
| NEON | Neonode Inc | $15M | Technology | Electronic Components | -0.82 |
| ARTL | Artelo Biosciences Inc | $2.75M | Healthcare | Biotechnology | -0.82 |
| AVDX | AvidXchange Holdings Inc | $2.07B | Technology | Software - Infrastructure | -0.82 |
| GPRE | Green Plains Inc | $1.17B | Basic Materials | Chemicals | -0.82 |
| ABVC | ABVC BioPharma Inc | $33M | Healthcare | Biotechnology | -0.82 |
| VBTX | Veritex Holdings Inc | $1.66B | Financial Services | Banks - Regional | -0.82 |
| SKX | Skechers U S A Inc - Class A | $9.55B | Consumer Cyclical | Footwear & Accessories | -0.82 |
| ASPS | Altisource Portfolio Solutions S.A. | $76M | Real Estate | Real Estate Services | -0.81 |
| NNNN | Anbio Biotechnology - Class A | $398M | Healthcare | Medical Instruments & Supplies | -0.81 |
| KUKE | Kuke Music Holding Limited American Depositary Shares (each representing ten (10) Class A Ordinary Shares) | $5.93M | Communication Services | Entertainment | -0.81 |
| PRME | Prime Medicine Inc | $630M | Healthcare | Biotechnology | -0.80 |
| LIDR | AEye Inc - Class A | $57M | Technology | Software - Infrastructure | -0.80 |
| SBDS | Solo Brands, Inc. | $8.77M | Consumer Cyclical | Internet Retail | -0.80 |
| OAKUU | Oak Woods Acquisition Corp - Units (1 Ord Class A & 1 War 1 Right ) | $21M | Financial Services | Shell Companies | -0.80 |
| SCPH | scPharmaceuticals Inc | $305M | Healthcare | Biotechnology | -0.80 |
| DYCQR | DT Cloud Acquisition Corp | $474K | N/A | N/A | -0.79 |
| TAOX | TAO Synergies Inc | $29M | Technology | Software - Infrastructure | -0.79 |
| CTLP | Cantaloupe Inc | $826M | Technology | Software - Infrastructure | -0.79 |
| ONCY | Oncolytics Biotech Inc | $105M | Healthcare | Biotechnology | -0.79 |
| OXSQZ | Oxford Square Capital Corp | $1.85B | N/A | Other | -0.78 |
| GGR | Gogoro Inc - Class A | $61M | Consumer Cyclical | Auto Manufacturers | -0.78 |
| CLDI | Calidi Biotherapeutics Inc | $1.99M | Healthcare | Biotechnology | -0.78 |
| FTEL | Fitell Corp | $1.78M | Consumer Cyclical | Specialty Retail | -0.78 |
| RILYN | B. Riley Financial Inc | $877M | Financial Services | Capital Markets | -0.77 |
| HYFT | MindWalk Holdings Corp | $69M | Healthcare | Biotechnology | -0.77 |
| LPSN | Liveperson Inc | $21M | Technology | Software - Application | -0.77 |
| SRFM | Surf Air Mobility Inc | $92M | Industrials | Airlines | -0.77 |
| DTCX | Datacentrex Inc | $74M | Financial Services | Financial Data & Stock Exchanges | -0.77 |
| GOGO | Gogo Inc | $480M | Communication Services | Telecom Services | -0.77 |
| MRC | MRC Global Inc | $1.16B | Energy | Oil & Gas Equipment & Services | -0.77 |
| MLCO | Melco Resorts & Entertainment Ltd | $2.06B | Consumer Cyclical | Resorts & Casinos | -0.77 |
ETFs that lowly correlated with SBIL
| Symbol | Name | AUM | Expense Ratio | Inception Date | Correlation |
|---|---|---|---|---|---|
| NTRL | First Trust Equity Market Neutral ETF | $19M | 0.95% | Feb 4, 2020 | -1.00 |
| XCOM | Ultra Communication Services Select Sector ETF | $384K | N/A | Jun 2, 2026 | -1.00 |
| ONG | Leverage Shares 2X Long ON Daily ETF | $1.90M | N/A | Jun 1, 2026 | -1.00 |
| DRGN | THEMES CHINA GENERATIVE ARTIFICIAL INTELLIGENCE ETF | $27M | 0.39% | Jul 14, 2025 | -0.93 |
| DRAY | YIELDMAX(R) DKNG OPTION INCOME STRATEGY ETF | $4.90M | 1.03% | Jul 14, 2025 | -0.93 |
| FLXN | HORIZON FLEXIBLE INCOME ETF | $49M | 0.82% | Jul 2, 2025 | -0.93 |
| OCFS | OTTER CREEK FOCUS STRATEGY ETF | $8M | 0.85% | May 17, 2024 | -0.91 |