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1 Stocks and 99 ETFs for diversifying SMN (ProShares UltraShort Materials)

The least correlated asset to SMN (ProShares UltraShort Materials) is ETF XLB (THE MATERIALS SELECT SECTOR SPDR FUND). The correlation is -0.9704.

Stocks that lowly correlated with SMN

SymbolName
Market cap
SectorIndustry
Correlation
EMNEastman Chemical Company$8.67BBasic MaterialsSpecialty Chemicals-0.83

ETFs that lowly correlated with SMN

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
XLBTHE MATERIALS SELECT SECTOR SPDR FUND $7.30B0.08%Dec 16, 1998-0.97
FMATFIDELITY MSCI MATERIALS INDEX ETF $603M0.08%Oct 21, 2013-0.97
VAWVANGUARD MATERIALS INDEX FUND ETF SHARES$4.50B0.09%Jan 26, 2004-0.97
IYMISHARES U.S. BASIC MATERIALS ETF $1.50B0.38%Jun 12, 2000-0.97
UYMPROSHARES ULTRA MATERIALS $41MN/AJan 30, 2007-0.97
RSPMINVESCO S&P 500 EQUAL WEIGHT MATERIALS ETF $179M0.40%Nov 1, 2006-0.95
MXIiShares Global Materials ETF$325M0.39%Sep 12, 2006-0.92
FXZFIRST TRUST MATERIALS ALPHADEX FUND $383M0.64%May 8, 2007-0.91
PYZINVESCO DORSEY WRIGHT BASIC MATERIALS MOMENTUM ETF $103M0.60%Oct 12, 2006-0.91
ABLDABACUS FCF REAL ASSETS LEADERS ETF $85M0.39%Dec 13, 2021-0.89
MAGAPOINT BRIDGE AMERICA FIRST ETF $32M0.72%Sep 6, 2017-0.87
JPUSJPMORGAN DIVERSIFIED RETURN U.S. EQUITY ETF $442M0.18%Sep 29, 2015-0.87
KNGFT VEST S&P 500 DIVIDEND ARISTOCRATS TARGET INCOME ETF $3.40B0.74%Mar 26, 2018-0.87
ASLVALLSPRING SPECIAL LARGE VALUE ETF $223M0.35%Mar 26, 2025-0.87
VTVVANGUARD VALUE INDEX FUND ETF SHARES$238B0.03%Jan 26, 2004-0.87
NOBLPROSHARES S&P 500 DIVIDEND ARISTOCRATS ETF $11B0.35%Oct 9, 2013-0.87
JPMEJPMORGAN DIVERSIFIED RETURN U.S. MID CAP EQUITY ETF $437M0.24%May 11, 2016-0.87
BLESINSPIRE GLOBAL HOPE ETF $147M0.60%Feb 27, 2017-0.86
EQLALPS EQUAL SECTOR WEIGHT ETF $696M0.27%Jul 6, 2009-0.86
RSPINVESCO S&P 500 EQUAL WEIGHT ETF $86B0.20%Apr 24, 2003-0.86
QDIVGLOBAL X S&P 500 QUALITY DIVIDEND ETF $33M0.20%Jul 13, 2018-0.86
SCHVSCHWAB U.S. LARGE-CAP VALUE ETF $15B0.04%Dec 11, 2009-0.86
TMDVPROSHARES RUSSELL U.S. DIVIDEND GROWERS ETF PROSHARES RUSSELL US DIVIDEND GROWERS ETF$4.50M0.35%Nov 5, 2019-0.86
MGVVANGUARD MEGA CAP VALUE INDEX FUND ETF SHARES$12B0.05%Dec 17, 2007-0.86
BKDVBNY MELLON DYNAMIC VALUE ETF $1.40B0.60%Nov 1, 2024-0.86
VYMVANGUARD HIGH DIVIDEND YIELD INDEX FUND ETF SHARES$95B0.04%Nov 10, 2006-0.86
EQALINVESCO RUSSELL 1000 EQUAL WEIGHT ETF $797M0.20%Dec 23, 2014-0.86
CEFZRIVERNORTH ACTIVE INCOME ETF $39M3.36%Dec 27, 2006-0.86
HAPVANECK NATURAL RESOURCES ETF $316M0.41%Aug 29, 2008-0.86
CFAVICTORYSHARES US 500 VOLATILITY WTD ETF $532M0.35%Jul 1, 2014-0.86
SFGVSEQUOIA GLOBAL VALUE ETF $1.10B0.33%Jan 17, 2024-0.86
IWDISHARES RUSSELL 1000 VALUE ETF $74B0.18%May 22, 2000-0.86
VONVVANGUARD RUSSELL 1000 VALUE INDEX FUND ETF SHARES$20B0.06%Sep 20, 2010-0.86
DIVLMADISON DIVIDEND VALUE ETF $62M0.65%Aug 14, 2023-0.85
MFSVMFS ACTIVE VALUE ETF$443M0.44%Dec 4, 2024-0.85
DEUSXTRACKERS RUSSELL US MULTIFACTOR ETF $256M0.17%Nov 24, 2015-0.85
FNDXSCHWAB FUNDAMENTAL U.S. LARGE COMPANY ETF $26B0.25%Aug 15, 2013-0.85
MOOVANECK AGRIBUSINESS ETF $1.20B0.56%Aug 31, 2007-0.85
FTAGFIRST TRUST INDXX GLOBAL AGRICULTURE ETF $16M0.70%Mar 11, 2010-0.85
DFUVDIMENSIONAL US MARKETWIDE VALUE ETF $14B0.21%Dec 16, 1998-0.85
LYLDCAMBRIA LARGECAP SHAREHOLDER YIELD ETF $6M0.59%Jul 11, 2024-0.85
SCHDSCHWAB U.S. DIVIDEND EQUITY ETF $91B0.06%Oct 20, 2011-0.85
RWLInvesco S&P 500 Revenue ETF$8.80B0.39%Feb 19, 2008-0.85
FNDBSCHWAB FUNDAMENTAL U.S. BROAD MARKET ETF $1.30B0.25%Aug 15, 2013-0.85
VOEVANGUARD MID-CAP VALUE INDEX FUND ETF SHARES$37B0.05%Aug 17, 2006-0.85
NULVNUVEEN ESG LARGE-CAP VALUE ETF $2.10B0.26%Dec 13, 2016-0.85
ONEOSPDR RUSSELL 1000 MOMENTUM FOCUS ETF $27M0.20%Dec 1, 2015-0.85
SMDXINTECH S&P SMALL-MID CAP DIVERSIFIED ALPHA ETF $126M0.35%Feb 27, 2025-0.85
TPHDTIMOTHY PLAN HIGH DIVIDEND STOCK ETF $360M0.52%Apr 30, 2019-0.85
FEXFirst Trust Large Cap Core AlphaDEX Fund$1.50B0.57%May 8, 2007-0.85
DGROISHARES CORE DIVIDEND GROWTH ETF $40B0.08%Jun 10, 2014-0.85
DTDWISDOMTREE U.S. TOTAL DIVIDEND FUND $1.60B0.28%Jun 16, 2006-0.85
PRFINVESCO RAFI US 1000 ETF $9.50B0.34%Dec 19, 2005-0.85
SPYVSPDR(R) PORTFOLIO S&P 500 VALUE ETF $34B0.04%Sep 25, 2000-0.85
IUSVISHARES CORE S&P U.S. VALUE ETF $26B0.04%Jul 24, 2000-0.85
IVEISHARES S&P 500 VALUE ETF $49B0.18%May 22, 2000-0.85
VOOVVANGUARD S&P 500 VALUE INDEX FUND ETF SHARES$6.50B0.07%Sep 7, 2010-0.85
ONEVSPDR RUSSELL 1000 LOW VOLATILITY FOCUS ETF $501M0.20%Dec 1, 2015-0.85
DIVBISHARES CORE DIVIDEND ETF $1.40B0.05%Nov 7, 2017-0.85
IWXISHARES RUSSELL TOP 200 VALUE ETF $3.40B0.20%Sep 22, 2009-0.85
VLUSPDR S&P 1500 VALUE TILT ETF $693M0.12%Oct 24, 2012-0.85
AIVLWISDOMTREE U.S. AI ENHANCED VALUE FUND $397M0.38%Jun 16, 2006-0.85
SDYSPDR(R) S&P(R) DIVIDEND ETF $22B0.35%Nov 8, 2005-0.85
DLNWISDOMTREE U.S. LARGECAP DIVIDEND FUND $6B0.28%Jun 16, 2006-0.85
REVSCOLUMBIA RESEARCH ENHANCED VALUE ETF $284M0.19%Sep 25, 2019-0.85
COWZPACER US CASH COWS 100 ETF $18B0.49%Dec 16, 2016-0.85
EQWLINVESCO S&P 100 EQUAL WEIGHT ETF $2.50B0.25%Dec 1, 2006-0.85
FTAFIRST TRUST LARGE CAP VALUE ALPHADEX FUND $1.30B0.58%May 8, 2007-0.85
GNRSPDR(R) S&P(R) GLOBAL NATURAL RESOURCES ETF $4.90B0.40%Sep 13, 2010-0.85
EQINCOLUMBIA U.S. EQUITY INCOME ETF $276M0.35%Jun 13, 2016-0.84
DSTLDISTILLATE U.S. FUNDAMENTAL STABILITY & VALUE ETF $1.90B0.39%Oct 23, 2018-0.84
CUTINVESCO MSCI GLOBAL TIMBER ETF $30M0.76%Nov 9, 2007-0.84
RWKINVESCO S&P MIDCAP 400 REVENUE ETF $1.20B0.39%Feb 20, 2008-0.84
IWSISHARES RUSSELL MID-CAP VALUE ETF $15B0.23%Jul 17, 2001-0.84
FTDSFIRST TRUST DIVIDEND STRENGTH ETF $31M0.70%Dec 5, 2006-0.84
ULVMVICTORYSHARES US VALUE MOMENTUM ETF FORMERLY VICTORYSHARES USAA MSCI USA VALUE MOMENTUM ETF $250M0.20%Oct 24, 2017-0.84
VSDAVICTORYSHARES DIVIDEND ACCELERATOR ETF $235M0.35%Apr 18, 2017-0.84
DFLVDIMENSIONAL US LARGE CAP VALUE ETF $5.90B0.21%Dec 6, 2022-0.84
TPLCTIMOTHY PLAN US LARGE/MID CAP CORE ETF $359M0.52%Apr 30, 2019-0.84
RSPNINVESCO S&P 500 EQUAL WEIGHT INDUSTRIALS ETF $981M0.40%Nov 1, 2006-0.84
ONEYSPDR RUSSELL 1000 YIELD FOCUS ETF $853M0.20%Dec 2, 2015-0.84
EXIISHARES GLOBAL INDUSTRIALS ETF $1.40B0.39%Sep 12, 2006-0.84
MFUSPIMCO RAFI DYNAMIC MULTI-FACTOR U.S. EQUITY ETF $251M0.29%Aug 31, 2017-0.84
DIVOAMPLIFY CWP ENHANCED DIVIDEND INCOME ETF $7B0.56%Dec 13, 2016-0.84
IWDLUBS AG London Branch$5.70MN/AFeb 5, 2021-0.84
PAVEGLOBAL X U.S. INFRASTRUCTURE DEVELOPMENT ETF $13B0.47%Mar 6, 2017-0.84
HERDPACER CASH COWS FUND OF FUNDS ETF $95M0.74%May 3, 2019-0.84
JHMMJOHN HANCOCK MULTIFACTOR MID CAP ETF $5.40B0.41%Sep 28, 2015-0.84
FIDUFIDELITY MSCI INDUSTRIALS INDEX ETF $2.10B0.08%Oct 21, 2013-0.84
SUREADVISORSHARES INSIDER ADVANTAGE ETF $52M0.90%Oct 4, 2011-0.84
NUDVNUVEEN ESG DIVIDEND ETF $45M0.26%Sep 27, 2021-0.84
ABEQABSOLUTE SELECT VALUE ETF $142M0.85%Jan 21, 2020-0.84
XLITHE INDUSTRIAL SELECT SECTOR SPDR FUND $30B0.08%Dec 16, 1998-0.84
IYJISHARES U.S. INDUSTRIALS ETF $2B0.38%Jun 12, 2000-0.83
DJDINVESCO DOW JONES INDUSTRIAL AVERAGE DIVIDEND ETF $449M0.07%Dec 16, 2015-0.83
EUSAISHARES MSCI USA EQUAL WEIGHTED ETF $1.60B0.09%May 5, 2010-0.83
IFRAISHARES U.S. INFRASTRUCTURE ETF $4.10B0.30%Apr 3, 2018-0.83
IUSINVESCO RAFI(TM) STRATEGIC US ETF $785M0.19%Sep 12, 2018-0.83
PWVINVESCO LARGE CAP VALUE ETF $1.50B0.55%Mar 3, 2005-0.83