40 Stocks and 60 ETFs for diversifying SMAY (FT VEST U.S. SMALL CAP MODERATE BUFFER ETF - MAY)

The least correlated asset to SMAY (FT VEST U.S. SMALL CAP MODERATE BUFFER ETF - MAY) is ETF XCOM (Ultra Communication Services Select Sector ETF). The correlation is -1.

Stocks that lowly correlated with SMAY

Symbol	Name	Market cap	Sector	Industry	Correlation
TOACU	Talon 1 Acquisition Corp - Units (1 Ord Class A & 1/2 War)	$143M	N/A	N/A	-1.00
TANNL	TravelCenters of America Inc	$364M	N/A	N/A	-1.00
TANNI	TravelCenters of America Inc	$368M	N/A	N/A	-1.00
TANNZ	TravelCenters of America Inc	$367M	N/A	N/A	-1.00
RXDX	Prometheus Biosciences Inc	$9.49B	N/A	N/A	-1.00
MEKA	MELI Kaszek Pioneer Corp - Class A	$297M	N/A	N/A	-1.00
LITT	Logistics Innovation Technologies Corp - Class A	$349M	N/A	N/A	-1.00
JUGGU	Jaws Juggernaut Acquisition Corp - Units (1 Ord Share Class A & 1/4 War)	$285M	N/A	N/A	-1.00
JUGG	Jaws Juggernaut Acquisition Corp - Class A	$285M	N/A	N/A	-1.00
EOCW	Elliott Opportunity II Corp - Class A	$789M	N/A	N/A	-1.00
DNAB	Social Capital Suvretta Holdings Corp II - Class A	$330M	N/A	N/A	-1.00
AHRNU	Ahren Acquisition Corp - Units (1 Ord Share Class A & 1/2 War)	$79M	N/A	N/A	-1.00
VCXA	10X Capital Venture Acquisition Corp II - Class A	$86M	N/A	N/A	-0.79
SCAQU	Stratim Cloud Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)	$286M	N/A	N/A	-0.78
APRN	Blue Apron Holdings Inc - Class A	$100M	N/A	N/A	-0.76
FRBNU	Forbion European Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)	$316M	N/A	N/A	-0.71
BRLI	Brilliant Acquisition Corp	$5.92M	N/A	N/A	-0.71
SLVRU	SilverSPAC Inc - Units (1 Ord Share Class A & 1/4 War)	$328M	N/A	N/A	-0.70
CPSR	Gelesis Holdings Inc - Class A	$1.87B	N/A	N/A	-0.70
PACH	Pioneer Acquisition I Corp - Class A	$260M	Financial Services	Shell Companies	-0.68
SPPI	Spectrum Pharmaceuticals Inc	$208M	N/A	N/A	-0.65
LWAC	LightWave Acquisition Corp - Class A	$221M	Financial Services	Shell Companies	-0.60
SOCAU	Solarius Capital Acquisition Corp Units	$179M	Financial Services	Shell Companies	-0.60
DBTX	Decibel Therapeutics Inc	$123M	N/A	N/A	-0.58
HPLTU	Home Plate Acquisition Corp - Units (1 Ord Class A & 1/2 War)	$79M	N/A	N/A	-0.58
EMBK	Embark Technology Inc - Class A	$68M	N/A	N/A	-0.57
MCTR	CTRL Group Ltd	$15M	Communication Services	Advertising Agencies	-0.57
CNFRL	Conifer Holdings Inc	$303M	N/A	N/A	-0.57
FIGX	FIGX Capital Acquisition Corp - Class A	$159M	Financial Services	Shell Companies	-0.56
UTAAU	UTA Acquisition Corp - Units (1 Ord Class A & 1/2 War)	$61M	N/A	N/A	-0.55
BRLIU	Brilliant Acquisition Corp - Unit (1 Ordinary share 1 War and 1 Rts)	$6.42M	N/A	N/A	-0.55
CRVO	CervoMed Inc	$28M	Healthcare	Biotechnology	-0.54
LZMH	LZ Technology Holdings Ltd - Class B	$9.02M	Technology	Information Technology Services	-0.53
OMSE	OMS Energy Technologies Inc	$197M	Energy	Oil & Gas Equipment & Services	-0.51
YHGJ	Yunhong Green CTI Ltd	$8.33M	Consumer Cyclical	Packaging & Containers	-0.50
MAMK	MaxsMaking Inc - Class A	$195M	Industrials	Conglomerates	-0.49
OFSSO	OFS Capital Corp	$341M	N/A	N/A	-0.49
TACH	Titan Acquisition Corp - Class A	$288M	Financial Services	Shell Companies	-0.49
KCHV	Kochav Defense Acquisition Corp - Class A	$263M	Financial Services	Shell Companies	-0.49
VSTA	Vasta Platform Ltd Class A	$394M	Consumer Defensive	Education & Training Services	-0.49

ETFs that lowly correlated with SMAY

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
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
RWM	PROSHARES SHORT RUSSELL2000	$113M	0.95%	Jan 23, 2007	-0.94
SBB	ProShares Short SmallCap600 -1x Shares	$3.30M	0.95%	Jan 23, 2007	-0.93
TWM	ProShares UltraShort Russell2000 -2x Shares	$38M	N/A	Jan 23, 2007	-0.92
SDD	PROSHARES ULTRASHORT SMALLCAP600	$1.20M	N/A	Jan 23, 2007	-0.91
CLIM	CLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF	$1.30M	0.90%	Mar 11, 2026	-0.91
MYY	PROSHARES SHORT MIDCAP400	$2.90M	0.95%	Jun 19, 2006	-0.90
MZZ	PROSHARES ULTRASHORT MIDCAP400	$2.40M	N/A	Jul 11, 2006	-0.88
DOG	PROSHARES SHORT DOW30	$111M	0.95%	Jun 19, 2006	-0.86
DXD	PROSHARES ULTRASHORT DOW30	$46M	N/A	Jul 11, 2006	-0.85
HDGE	ADVISORSHARES RANGER EQUITY BEAR ETF	$66M	3.62%	Jan 26, 2011	-0.83
DWSH	ADVISORSHARES DORSEY WRIGHT SHORT ETF	$11M	6.22%	Jul 10, 2018	-0.81
HIBS	Direxion Daily S&P 500 High Beta Bear 3X Shares	$17M	N/A	Nov 7, 2019	-0.80
SPDN	DIREXION DAILY S&P 500 (R) BEAR 1X SHARES	$195M	0.48%	Jun 8, 2016	-0.79
SH	ProShares Short S&P500 -1x Shares	$973M	0.89%	Jun 19, 2006	-0.79
SDS	ProShares UltraShort S&P500 -2x Shares	$398M	N/A	Jul 11, 2006	-0.78
BNKD	Bank of Montreal	$1.10M	N/A	Feb 20, 2025	-0.75
SEF	ProShares Short Financials -1x Shares	$14M	0.95%	Jun 10, 2008	-0.75
SKRE	TUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF	$5.20M	N/A	Jan 3, 2024	-0.75
BTAL	AGF U.S. MARKET NEUTRAL ANTI-BETA FUND	$283M	1.40%	Sep 13, 2011	-0.74
SJB	PROSHARES SHORT HIGH YIELD	$56M	0.95%	Mar 21, 2011	-0.73
SCC	ProShares UltraShort Consumer Discretionary	$6.80M	N/A	Jan 30, 2007	-0.72
SARK	TRADR 1X SHORT INNOVATION DAILY ETF	$43M	0.92%	Nov 5, 2021	-0.72
SIJ	ProShares UltraShort Industrials -2x Shares	$5.50M	N/A	Jan 30, 2007	-0.72
UVIX	2x Long VIX Futures ETF	$290M	N/A	Mar 28, 2022	-0.71
TNGY	TORTOISE ENERGY ETF	$515M	0.85%	Dec 27, 2010	-0.71
PANG	LEVERAGE SHARES 2X LONG PANW DAILY ETF	$8.90M	N/A	Mar 20, 2025	-0.71
TSMZ	DIREXION DAILY TSM BEAR 1X SHARES	$2.80M	1.01%	Oct 2, 2024	-0.71
SKF	ProShares UltraShort Financials -2x Shares	$11M	N/A	May 23, 2007	-0.70
SLTY	YIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF	$19M	1.25%	Aug 20, 2025	-0.69
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	$35M	0.89%	Jan 17, 2018	-0.69
VIXM	ProShares VIX Mid-Term Futures ETF	$40M	0.92%	Jan 3, 2011	-0.68
EMTY	ProShares Decline of the Retail Store ETF -1x Shares	$3M	0.65%	Nov 14, 2017	-0.67
PSQ	ProShares Short QQQ -1x Shares	$601M	0.95%	Jun 19, 2006	-0.67
WEBS	DIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES	$8.70M	N/A	Nov 7, 2019	-0.66
REK	PROSHARES SHORT REAL ESTATE	$9.80M	0.95%	Mar 16, 2010	-0.64
QQQD	DIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES	$35M	0.50%	Mar 6, 2024	-0.63
YQQQ	YIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF	$16M	1.11%	Aug 14, 2024	-0.63
SRS	ProShares UltraShort Real Estate -2x Shares	$16M	N/A	Jan 30, 2007	-0.62
LABD	DIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&AMP;P BIOTECH BEAR 3X SHARES	$69M	N/A	May 28, 2015	-0.62
AIBD	Direxion Daily AI and Big Data Bear 2X ETF	$4.70M	N/A	May 15, 2024	-0.61
SDOW	ProShares UltraPro Short Dow30 -3x Shares	$185M	N/A	Feb 9, 2010	-0.59
SMN	ProShares UltraShort Materials	$4.10M	N/A	Jan 30, 2007	-0.58
QBER	TRUESHARES QUARTERLY BEAR HEDGE ETF	$82M	0.79%	Jun 28, 2024	-0.57
CRSH	YIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF	$16M	1.05%	May 1, 2024	-0.56
XLEI	STATE STREET(R) ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF	$40M	0.35%	Jul 29, 2025	-0.54
SHRT	GOTHAM SHORT STRATEGIES ETF	$14M	1.35%	Jul 31, 2017	-0.53
BIS	ProShares UltraShort Nasdaq Biotechnology -2x Shares	$2.20M	N/A	Apr 6, 2010	-0.51
LDRT	ISHARES IBONDS 1-5 YEAR TREASURY LADDER ETF	$132M	0.07%	Nov 7, 2024	-0.51
GXPE	GLOBAL X PURECAP MSCI ENERGY ETF	$1.20M	0.15%	Jul 22, 2025	-0.50
DIPS	YIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF	$8.20M	1.05%	Jul 23, 2024	-0.50
BRKU	DIREXION DAILY BRKB BULL 2X SHARES	$45M	N/A	Dec 10, 2024	-0.49
REW	ProShares UltraShort Technology -2x Shares	$2.80M	N/A	Jan 30, 2007	-0.49
TAIL	CAMBRIA TAIL RISK ETF	$147M	0.59%	Apr 5, 2017	-0.48
IVOL	QUADRATIC INTEREST RATE VOLATILITY AND INFLATION HEDGE ETF	$276M	0.98%	May 13, 2019	-0.48
EUM	ProShares Short MSCI Emerging Markets -1x Shares	$9.80M	0.95%	Oct 30, 2007	-0.48
EEV	ProShares UltraShort MSCI Emerging Markets -2x Shares	$2.60M	N/A	Oct 30, 2007	-0.48
TSLS	Direxion Daily TSLA Bear 1X Shares	$66M	0.95%	Aug 8, 2022	-0.48
AMZD	DIREXION DAILY AMZN BEAR 1X SHARES	$10M	1.02%	Sep 6, 2022	-0.47