Skip to main content

Want a detailed portfolio tracker?

OverviewHoldingsPerformanceDividendsSimilar EtfsCorrelations
High CorrelationLow Correlation

33 Stocks and 67 ETFs for diversifying SHDG (SOUNDWATCH HEDGED EQUITY ETF)

The least correlated asset to SHDG (SOUNDWATCH HEDGED EQUITY ETF) is company Scilex Holding Company - Units (1 Ord & 1/2 War) (VCKAU). The correlation is -1.

Stocks that lowly correlated with SHDG

SymbolName
Market cap
SectorIndustry
Correlation
VCKAUScilex Holding Company - Units (1 Ord & 1/2 War)$37MN/AN/A-1.00
NOACNatural Order Acquisition Corp$289MN/AN/A-1.00
FLACFrazier Lifesciences Acquisition Corp - Class A$175MN/AN/A-1.00
NOACUNatural Order Acquisition Corp - Units (1 Ord & 1 War)$289MN/AN/A-1.00
NDACNightDragon Acquisition Corp - Class A$445MN/AN/A-0.84
JMACUMaxpro Capital Acquisition Corp - Units (1 Ord Share Class A & 1 War)$150MN/AN/A-0.77
NDACUNightDragon Acquisition Corp - Units (1 Ord Share Class A & 1/5 War)$444MN/AN/A-0.76
DGNUDragoneer Growth Opportunities Corp III - Class A$538MN/AN/A-0.72
NVSAUNew Vista Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$350MN/AN/A-0.67
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.66
LITTLogistics Innovation Technologies Corp - Class A$349MN/AN/A-0.64
AKUSAkouos Inc$490MN/AN/A-0.64
LITTULogistics Innovation Technologies Corp - Units (1 Ord Share Class A & 1/3 War)$349MN/AN/A-0.62
OHPAUOrion Acquisition Corp - Units (1 Ord Share Class A & 1/4 War)$417MN/AN/A-0.61
HPLTUHome Plate Acquisition Corp - Units (1 Ord Class A & 1/2 War)$79MN/AN/A-0.57
SCAQUStratim Cloud Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$286MN/AN/A-0.56
RNERUMount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt)$125MN/AN/A-0.56
FRBNUForbion European Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$316MN/AN/A-0.56
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.55
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.53
ADALUAnthemis Digital Acquisitions I Corp - Units (1 Ord Class A & 1/2 War)$241MN/AN/A-0.53
TMDETMD Energy Ltd$18MEnergyOil & Gas Midstream-0.53
GATEVISTASHARES TARGET 15 GATE ENDOWMENT DISTRIBUTION ETF $425MFinancial ServicesShell Companies-0.52
JUGGUJaws Juggernaut Acquisition Corp - Units (1 Ord Share Class A & 1/4 War)$285MN/AN/A-0.51
GBRGSunCar Technology Group Inc$11MN/AN/A-0.51
VSTAVasta Platform Ltd Class A$394MConsumer DefensiveEducation & Training Services-0.51
GATEUMarblegate Acquisition Corp - Units (1 Ord Share Class A & 1/2 War)$340MFinancial ServicesShell Companies-0.51
CPSRGelesis Holdings Inc - Class A$1.87BN/AN/A-0.51
AHRNUAhren Acquisition Corp - Units (1 Ord Share Class A & 1/2 War)$79MN/AN/A-0.50
JUGGJaws Juggernaut Acquisition Corp - Class A$285MN/AN/A-0.49
APMIUAxonPrime Infrastructure Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$193MN/AN/A-0.49
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.49
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.48

ETFs that lowly correlated with SHDG

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.93
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, 2006-0.91
CLIMCLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF $1.30M0.90%Mar 11, 2026-0.88
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $23M0.50%Mar 6, 2024-0.85
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.83
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.82
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.80
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.79
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.78
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.78
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.78
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.78
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.77
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.77
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $14M1.11%Aug 14, 2024-0.77
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.20MN/AMay 15, 2024-0.77
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.76
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.75
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.74
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.74
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.73
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.73
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $9.80M1.05%Jul 23, 2024-0.71
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.69
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.69
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.69
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $75MN/AAug 21, 2023-0.69
NVDQT-Rex 2X Inverse NVIDIA Daily Target ETF$36MN/AOct 18, 2023-0.69
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.69
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.69
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.69
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $23M1.01%Sep 12, 2023-0.68
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.68
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.67
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.67
NVDSTradr 1.5X Short NVDA Daily ETF$23MN/AJul 13, 2022-0.66
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.66
TNGYTORTOISE ENERGY ETF $600M0.85%Dec 27, 2010-0.65
METDDIREXION DAILY META BEAR 1X SHARES $8.60M1.02%Jun 5, 2024-0.65
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.64
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.64
AVSDIREXION DAILY AVGO BEAR 1X SHARES $6.90M1.03%Oct 9, 2024-0.61
MSFDDIREXION DAILY MSFT BEAR 1X SHARES $42M1.02%Sep 6, 2022-0.59
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.59
NFLWROUNDHILL NFLX WEEKLYPAY ETF $16MN/AJun 17, 2025-0.58
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $19M1.05%May 1, 2024-0.58
FNGDBank of Montreal$68MN/AJan 22, 2018-0.58
SETHProShares Short Ether ETF$16M0.95%Nov 1, 2023-0.57
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.57
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.56
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $17M1.02%Sep 6, 2022-0.55
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $16M0.96%Aug 8, 2022-0.55
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.54
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.53
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.53
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.52
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.51
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.51
ETHDProShares UltraShort Ether ETF$84MN/AJun 6, 2024-0.51
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.51
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.51
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.51
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.49
QIDPROSHARES ULTRASHORT QQQ $279MN/AJul 11, 2006-0.49
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.48
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $39M1.05%Jul 9, 2024-0.48