81 Stocks and 19 ETFs for diversifying SMBS (SCHWAB MORTGAGE-BACKED SECURITIES ETF)
The least correlated asset to SMBS (SCHWAB MORTGAGE-BACKED SECURITIES ETF) is ETF NTRL (First Trust Equity Market Neutral ETF). The correlation is -1.
Stocks that lowly correlated with SMBS
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| TBC | AT&T Inc | $180B | N/A | N/A | -1.00 |
| CNL | Collective Mining Ltd. | $1.14B | Basic Materials | Gold | -0.78 |
| ATIF | ATIF Holdings Ltd | $6.07M | N/A | N/A | -0.75 |
| CMMB | Chemomab Therapeutics Ltd | $11M | Healthcare | Biotechnology | -0.73 |
| RAIN | Rain Enhancement Technologies Holdco, Inc. Class A Common Stock | $13M | Industrials | Pollution & Treatment Controls | -0.72 |
| CRE | Cre8 Enterprise Ltd Class A | $6.60M | Industrials | Specialty Business Services | -0.71 |
| STKE | Sol Strategies Inc | $42M | Financial Services | Capital Markets | -0.69 |
| GRND | Grindr Inc - Class A | $2.79B | Technology | Software - Application | -0.67 |
| ARX | Accelerant Holdings - Class A | $2.82B | Financial Services | Insurance Brokers | -0.67 |
| ETOR | Etoro Group Ltd - Class A | $3.63B | Financial Services | Capital Markets | -0.67 |
| STFS | Star Fashion Culture Holdings Ltd - Class A | $903K | Communication Services | Advertising Agencies | -0.67 |
| OMSE | OMS Energy Technologies Inc | $197M | Energy | Oil & Gas Equipment & Services | -0.66 |
| NEXN | Nexxen International Ltd | $533M | Communication Services | Advertising Agencies | -0.66 |
| ANGX | Angel Studios Inc - Class A | $709M | Communication Services | Entertainment | -0.66 |
| FIG | Figma Inc - Class A | $12B | Technology | Software - Application | -0.65 |
| IPXXU | USA Rare Earth Inc - Units (1 Ord Class A & 1/2 Warr) | $66M | N/A | N/A | -0.65 |
| SANG | SANGSTAT MEDICAL CORP | $136M | Technology | Software - Infrastructure | -0.64 |
| TRON | Corner Growth Acquisition Corp 2 - Class A | $700M | Consumer Cyclical | Leisure | -0.64 |
| KUKE | Kuke Music Holding Limited American Depositary Shares (each representing ten (10) Class A Ordinary Shares) | $5.93M | Communication Services | Entertainment | -0.63 |
| NTBL | Notable Labs Inc Ord | $2.39M | Healthcare | Biotechnology | -0.62 |
| MCACU | ConnectM Technology Solutions Inc - Units (1 Ord Class A 1 War & 1 Right) | $70M | Financial Services | Shell Companies | -0.62 |
| CVII | Churchill Capital Corp VII - Class A | $570M | Financial Services | Shell Companies | -0.62 |
| AILE | iLearningEngines Holdings Inc - Class A | $59M | Technology | Software - Infrastructure | -0.62 |
| MLSS | Milestone Scientific Inc | $34M | Healthcare | Medical Instruments & Supplies | -0.62 |
| LVO | LiveOne Inc | $65M | Communication Services | Internet Content & Information | -0.61 |
| DMAA | Drugs Made In America Acquisition Corp | $246M | Financial Services | Shell Companies | -0.60 |
| MSGM | Motorsport Games Inc - Class A | $25M | Communication Services | Electronic Gaming & Multimedia | -0.60 |
| XAGE | Longevity Health Holdings Inc | $613K | Consumer Defensive | Household & Personal Products | -0.59 |
| NEUE | NeueHealth, Inc. | $61M | Healthcare | Healthcare Plans | -0.59 |
| PUBM | PubMatic Inc - Class A | $650M | Technology | Software - Application | -0.57 |
| HLVX | HilleVax Inc | $105M | Healthcare | Biotechnology | -0.57 |
| VERX | Vertex Inc Class A | $2.23B | Technology | Software - Application | -0.57 |
| OLO | Olo Inc - Class A | $1.87B | Technology | Software - Application | -0.57 |
| USIO | Usio Inc | $67M | Technology | Software - Infrastructure | -0.57 |
| TWLO | Twilio Inc Class A | $32B | Technology | Software - Infrastructure | -0.57 |
| CTW | CTW Cayman - Class A | $147M | Communication Services | Electronic Gaming & Multimedia | -0.56 |
| VRAX | Virax Biolabs Group Ltd - Class A | $1.52M | Healthcare | Biotechnology | -0.56 |
| RAMP | LiveRamp Holdings Inc | $2.42B | Technology | Software - Infrastructure | -0.56 |
| ARKR | Ark Restaurants Corp | $21M | Consumer Cyclical | Restaurants | -0.56 |
| THTX | Theratechnologies Inc | $167M | Healthcare | Biotechnology | -0.55 |
| HCHL | Happy City Holdings Ltd - Class A | $59M | Consumer Cyclical | Restaurants | -0.55 |
| TTD | Trade Desk Inc - Class A | $9.19B | Communication Services | Advertising Agencies | -0.55 |
| GFAI | Guardforce AI Co Ltd | $12M | Industrials | Security & Protection Services | -0.55 |
| CGNT | Cognyte Software Ltd | $653M | Technology | Software - Infrastructure | -0.55 |
| ZVIA | Zevia PBC - Class A | $120M | Consumer Defensive | Beverages - Non-alcoholic | -0.55 |
| VIRT | Virtu Financial Inc - Class A | $3.53B | Financial Services | Capital Markets | -0.54 |
| NEXT | NextDecade Corporation | $2.02B | Energy | Oil & Gas Equipment & Services | -0.54 |
| ATHR | Aether Holdings Inc | $53M | Technology | Software - Application | -0.54 |
| CHA | Chagee Holdings Ltd | $1.84B | Consumer Cyclical | Restaurants | -0.53 |
| PN | Skycorp Solar Group Ltd - Series A | $91M | Technology | Solar | -0.53 |
| RUM | Rumble Inc - Class A | $1.59B | Communication Services | Internet Content & Information | -0.53 |
| APADR | Enhanced Group Inc | $6.67M | N/A | N/A | -0.53 |
| TECX | AvroBio Inc | $612M | Healthcare | Biotechnology | -0.53 |
| GLAD | Gladstone Capital Corp | $450M | Financial Services | Asset Management | -0.53 |
| INTZ | Intrusion Inc | $18M | Technology | Software - Infrastructure | -0.52 |
| FA | First Advantage Corp | $3.66B | Industrials | Specialty Business Services | -0.52 |
| CVU | CPI Aerostructures Inc | $63M | Industrials | Aerospace & Defense | -0.52 |
| BLIN | Bridgeline Digital Inc | $15M | Technology | Software - Infrastructure | -0.52 |
| DMRC | Digimarc Corporation | $145M | Technology | Software - Application | -0.52 |
| NVNO | enVVeno Medical Corporation | $7.06M | Healthcare | Medical Devices | -0.52 |
| ASUR | Asure Software Inc | $239M | Technology | Software - Application | -0.52 |
| VLN | Valens Semiconductor Ltd | $199M | Technology | Semiconductors | -0.52 |
| CSAI | Cloudastructure Inc - Class A | $7.44M | Technology | Software - Infrastructure | -0.52 |
| SPRC | SciSparc Ltd | $3.05M | Healthcare | Biotechnology | -0.52 |
| FRES | Fresh2 Group Limited | $2.97M | Healthcare | Diagnostics & Research | -0.52 |
| NXU | Energy Vault Holdings Inc - Class A | $4.48M | Industrials | Electrical Equipment & Parts | -0.52 |
| GDDY | Godaddy Inc - Class A | $12B | Technology | Software - Infrastructure | -0.52 |
| SKX | Skechers U S A Inc - Class A | $9.55B | Consumer Cyclical | Footwear & Accessories | -0.51 |
| ETON | Eton Pharmaceuticals Inc | $1.05B | Healthcare | Drug Manufacturers - Specialty & Generic | -0.51 |
| PEW | GrabAGun Digital Holdings Inc | $75M | Industrials | Aerospace & Defense | -0.51 |
| CAEP | Cantor Equity Partners III Inc - Class A | $420M | Financial Services | Shell Companies | -0.51 |
| CPSS | Consumer Portfolio Service Inc | $209M | Financial Services | Credit Services | -0.50 |
| DEC | N/A | $961M | Energy | Oil & Gas Integrated | -0.50 |
| NBIX | Neurocrine Biosciences Inc | $17B | Healthcare | Drug Manufacturers - Specialty & Generic | -0.50 |
| SLDE | Slide Insurance Holdings Inc | $2.32B | Financial Services | Insurance - Property & Casualty | -0.50 |
| VTEX | Vtex - Class A | $683M | Technology | Software - Application | -0.50 |
| VIST | Vista Energy S.A.B. de C.V | $7.23B | Energy | Oil & Gas E&p | -0.49 |
| TPIC | TPI Composites Inc | $6.19M | Industrials | Specialty Industrial Machinery | -0.49 |
| YIBO | Planet Image International Ltd - Class A | $62M | Technology | Computer Hardware | -0.49 |
| STRZ | Starz Entertainment Corp | $468M | Communication Services | Entertainment | -0.49 |
| IBTA | Ibotta Inc - Class A | $753M | Technology | Software - Application | -0.49 |