37 Stocks and 63 ETFs for diversifying SMHX (VANECK FABLESS SEMICONDUCTOR ETF)
The least correlated asset to SMHX (VANECK FABLESS SEMICONDUCTOR ETF) is ETF NTRL (First Trust Equity Market Neutral ETF). The correlation is -1.
Stocks that lowly correlated with SMHX
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| RBCP | RBC Bearings Incorporated 5.00 Series A Mandatory Convertible Preferred Stock | $3.64B | N/A | N/A | -0.85 |
| TBC | AT&T Inc | $180B | N/A | N/A | -0.82 |
| APAD | Enhanced Group Inc - Class A | $161M | Financial Services | Shell Companies | -0.69 |
| DM | Desktop Metal Inc - Class A | $165M | N/A | N/A | -0.68 |
| ED | Consolidated Edison Inc | $40B | Utilities | Utilities - Regulated Electric | -0.63 |
| GSRM | Bitcoin Depot Inc - Class A | $54M | N/A | N/A | -0.61 |
| ITI | Iteris Inc | $316M | N/A | N/A | -0.60 |
| AWK | American Water Works Co. Inc | $25B | Utilities | Utilities - Regulated Water | -0.60 |
| GLIBK | GCI Liberty Inc | $877M | Communication Services | Telecom Services | -0.58 |
| COR | Cencora Inc | $58B | Healthcare | Medical Distribution | -0.58 |
| EXC | Exelon Corp | $47B | Utilities | Utilities - Regulated Electric | -0.57 |
| TAK | Takeda Pharmaceutical Company | $51B | Healthcare | Drug Manufacturers - Specialty & Generic | -0.56 |
| ADMA | Adma Biologics Inc | $2.02B | Healthcare | Biotechnology | -0.55 |
| YORW | York Water Company | $439M | Utilities | Utilities - Regulated Water | -0.54 |
| SMTK | SmartKem, Inc. Common Stock | $4.23M | Technology | Semiconductor Equipment & Materials | -0.54 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.53 |
| NHI | National Health Investors Inc | $3.66B | Real Estate | Reit - Healthcare Facilities | -0.53 |
| ADC | Agree Realty Corp | $9.32B | Real Estate | Reit - Retail | -0.53 |
| PPC | Pilgrim`s Pride Corp | $6.76B | Consumer Defensive | Packaged Foods | -0.52 |
| MNDO | Mind C.T.I Ltd | $21M | Technology | Software - Application | -0.52 |
| WVVIP | Willamette Valley Vineyard Inc | $22M | Consumer Defensive | Beverages - Wineries & Distilleries | -0.52 |
| LND | Brasilagro Companhia Brasileira De Propriedade Agricola | $368M | Consumer Defensive | Farm Products | -0.52 |
| AACIW | Armada Acquisition Corp I - Warrants (13/08/2026) | $20M | N/A | N/A | -0.52 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.52 |
| BRK-A | Berkshire Hathaway Inc - Class A | $1.20T | Financial Services | Insurance - Diversified | -0.51 |
| BRK-B | Berkshire Hathaway Inc - Class B | $1.05T | Financial Services | Insurance - Diversified | -0.51 |
| RSG | Republic Services Inc | $67B | Industrials | Waste Management | -0.51 |
| ORLA | Orla Mining Ltd | $3.73B | Basic Materials | Gold | -0.51 |
| OPTN | OptiNose Inc | $112M | N/A | N/A | -0.50 |
| JCAP | Jefferson Capital Inc | $1.06B | Financial Services | Credit Services | -0.50 |
| VSTA | Vasta Platform Ltd Class A | $394M | Consumer Defensive | Education & Training Services | -0.50 |
| NAOV | NanoVibronix Inc | $15M | Healthcare | Medical Devices | -0.50 |
| CAPS | Capstone Holding Corp | $2.58M | Basic Materials | Building Materials | -0.50 |
| ALC | Alcon Inc | $34B | Healthcare | Medical Instruments & Supplies | -0.49 |
| PLMR | Palomar Holdings Inc | $3.49B | Financial Services | Insurance - Property & Casualty | -0.49 |
| PRA | ProAssurance Corporation | $1.29B | Financial Services | Insurance - Property & Casualty | -0.49 |
| UTL | Unitil Corp | $957M | Utilities | Utilities - Diversified | -0.49 |