4 Stocks and 96 ETFs for diversifying SMDD (ProShares UltraPro Short MidCap400 -3x Shares)
The least correlated asset to SMDD (ProShares UltraPro Short MidCap400 -3x Shares) is ETF EXUS (MACQUARIE FOCUSED INTERNATIONAL CORE ETF). The correlation is -0.9128.
Stocks that lowly correlated with SMDD
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| ALTS | ALT5 Sigma Corporation Common Stock | $4.90B | Technology | Software - Application | -0.87 |
| EGHA | EGH Acquisition Corp - Class A | $212M | Financial Services | Shell Companies | -0.77 |
| COWNL | Cowen Inc | $796M | N/A | N/A | -0.76 |
| PCS | PGIM CORPORATE BOND 0-5 YEAR ETF | $27B | N/A | N/A | -0.74 |