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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 (STATE STREET(R) MATERIALS SELECT SECTOR SPDR(R) ETF). The correlation is -0.9704.

Stocks that lowly correlated with SMN

SymbolName
Market cap
SectorIndustry
Correlation
EMNEastman Chemical Company$7.75BBasic MaterialsSpecialty Chemicals-0.84

ETFs that lowly correlated with SMN

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
XLBSTATE STREET(R) MATERIALS SELECT SECTOR SPDR(R) ETF $8.20B0.08%Dec 16, 1998-0.97
FMATFIDELITY MSCI MATERIALS INDEX ETF $624M0.08%Oct 21, 2013-0.97
VAWVANGUARD MATERIALS INDEX FUND ETF SHARES$4.50B0.09%Jan 26, 2004-0.97
UYMPROSHARES ULTRA MATERIALS $39MN/AJan 30, 2007-0.97
IYMISHARES U.S. BASIC MATERIALS ETF $1.40B0.38%Jun 12, 2000-0.97
RSPMINVESCO S&P 500 EQUAL WEIGHT MATERIALS ETF $176M0.40%Nov 1, 2006-0.95
MXIISHARES GLOBAL MATERIALS ETF $340M0.39%Sep 12, 2006-0.92
DVXBWEBs Defined Volatility XLB ETF$276K0.89%Jul 22, 2025-0.92
FXZFIRST TRUST MATERIALS ALPHADEX FUND $393M0.64%May 8, 2007-0.91
PYZINVESCO DORSEY WRIGHT BASIC MATERIALS MOMENTUM ETF $81M0.60%Oct 12, 2006-0.90
DGLOFIRST TRUST RBA DEGLOBALIZATION ETF $3.60M0.70%Aug 5, 2025-0.89
ABLDABACUS FCF REAL ASSETS LEADERS ETF $89M0.39%Dec 13, 2021-0.88
JPUSJPMORGAN DIVERSIFIED RETURN U.S. EQUITY ETF $456M0.18%Sep 29, 2015-0.87
MAGAPOINT BRIDGE AMERICA FIRST ETF $31M0.72%Sep 6, 2017-0.87
IDEQLAZARD INTERNATIONAL DYNAMIC EQUITY ETF $1.50B0.40%May 29, 2015-0.87
BLESINSPIRE GLOBAL HOPE ETF $166M0.60%Feb 27, 2017-0.86
EQLALPS EQUAL SECTOR WEIGHT ETF $733M0.19%Jul 6, 2009-0.86
KNGFT VEST S&P 500 DIVIDEND ARISTOCRATS TARGET INCOME ETF $3.40B0.74%Mar 26, 2018-0.86
JPMEJPMORGAN DIVERSIFIED RETURN U.S. MID CAP EQUITY ETF $453M0.24%May 11, 2016-0.86
VTVVANGUARD VALUE INDEX FUND ETF SHARES$255B0.03%Jan 26, 2004-0.86
QDIVGLOBAL X S&P 500 QUALITY DIVIDEND ETF $29M0.20%Jul 13, 2018-0.86
RSPINVESCO S&P 500 EQUAL WEIGHT ETF $94B0.20%Apr 24, 2003-0.86
NOBLPROSHARES S&P 500 DIVIDEND ARISTOCRATS ETF $12B0.35%Oct 9, 2013-0.86
ASLVALLSPRING SPECIAL LARGE VALUE ETF $228M0.35%Mar 26, 2025-0.86
VYMVANGUARD HIGH DIVIDEND YIELD INDEX FUND ETF SHARES$96B0.04%Nov 10, 2006-0.86
CEFZRIVERNORTH ACTIVE INCOME ETF $40M3.36%Dec 27, 2006-0.86
SCHVSCHWAB U.S. LARGE-CAP VALUE ETF $16B0.04%Dec 11, 2009-0.86
EQALINVESCO RUSSELL 1000 EQUAL WEIGHT ETF $808M0.20%Dec 23, 2014-0.86
CFAVICTORYSHARES US 500 VOLATILITY WTD ETF $534M0.35%Jul 1, 2014-0.86
MGVVANGUARD MEGA CAP VALUE INDEX FUND ETF SHARES$13B0.05%Dec 17, 2007-0.85
HAPVANECK NATURAL RESOURCES ETF $299M0.41%Aug 29, 2008-0.85
SFGVSEQUOIA GLOBAL VALUE ETF $1.10B0.33%Jan 17, 2024-0.85
FNDXSCHWAB FUNDAMENTAL U.S. LARGE COMPANY INDEX ETF $26B0.25%Aug 15, 2013-0.85
IWDISHARES RUSSELL 1000 VALUE ETF $80B0.18%May 22, 2000-0.85
SCHDSCHWAB U.S. DIVIDEND EQUITY ETF $96B0.06%Oct 20, 2011-0.85
DEUSXTRACKERS RUSSELL US MULTIFACTOR ETF $291M0.17%Nov 24, 2015-0.85
VONVVANGUARD RUSSELL 1000 VALUE INDEX FUND ETF SHARES$22B0.06%Sep 20, 2010-0.85
TMDVPROSHARES RUSSELL U.S. DIVIDEND GROWERS ETF PROSHARES RUSSELL US DIVIDEND GROWERS ETF$4.60M0.35%Nov 5, 2019-0.85
BKDVBNY MELLON DYNAMIC VALUE ETF $1.60B0.60%Nov 1, 2024-0.85
FTAGFIRST TRUST INDXX GLOBAL AGRICULTURE ETF $14M0.70%Mar 11, 2010-0.85
FNDBSCHWAB FUNDAMENTAL U.S. BROAD MARKET ETF $1.40B0.25%Aug 15, 2013-0.85
NULVNUVEEN ESG LARGE-CAP VALUE ETF $2.10B0.26%Dec 13, 2016-0.85
SHRYFIRST TRUST BLOOMBERG SHAREHOLDER YIELD ETF $15M0.60%Jun 20, 2017-0.85
RWLINVESCO S&P 500 REVENUE ETF $9.20B0.39%Feb 19, 2008-0.85
DIVLMADISON DIVIDEND VALUE ETF $60M0.65%Aug 14, 2023-0.85
DTDWISDOMTREE U.S. TOTAL DIVIDEND FUND $1.60B0.28%Jun 16, 2006-0.85
IUSVISHARES CORE S&P U.S. VALUE ETF $27B0.04%Jul 24, 2000-0.85
VOEVANGUARD MID-CAP VALUE INDEX FUND ETF SHARES$37B0.05%Aug 17, 2006-0.85
PRFINVESCO FTSE RAFI US 1000 ETF $9.70B0.34%Dec 19, 2005-0.85
SPYVSTATE STREET(R) SPDR(R) PORTFOLIO S&P 500(R) VALUE ETF $35B0.04%Sep 25, 2000-0.85
MOOVANECK AGRIBUSINESS ETF $944M0.56%Aug 31, 2007-0.85
IVEISHARES S&P 500 VALUE ETF $48B0.18%May 22, 2000-0.85
ONEOSTATE STREET(R) SPDR(R) RUSSELL 1000 MOMENTUM FOCUS ETF $29M0.20%Dec 1, 2015-0.85
VOOVVANGUARD S&P 500 VALUE INDEX FUND ETF SHARES$6.70B0.07%Sep 7, 2010-0.85
VLUSTATE STREET(R) SPDR(R) S&P(R) 1500 VALUE TILT ETF $726M0.12%Oct 24, 2012-0.85
TPHDTIMOTHY PLAN HIGH DIVIDEND STOCK ETF $351M0.52%Apr 30, 2019-0.85
DGROISHARES CORE DIVIDEND GROWTH ETF $41B0.08%Jun 10, 2014-0.85
DLNWISDOMTREE U.S. LARGECAP DIVIDEND FUND $6.10B0.28%Jun 16, 2006-0.85
FEXFirst Trust Large Cap Core AlphaDEX Fund$1.60B0.57%May 8, 2007-0.85
COWZPACER US CASH COWS 100 ETF $18B0.49%Dec 16, 2016-0.85
DFUVDIMENSIONAL US MARKETWIDE VALUE ETF $15B0.21%Dec 16, 1998-0.85
ONEVSTATE STREET(R) SPDR(R) RUSSELL 1000 LOW VOLATILITY FOCUS ETF $342M0.20%Dec 1, 2015-0.85
SDYSTATE STREET(R) SPDR(R) S&P(R) DIVIDEND ETF $21B0.35%Nov 8, 2005-0.84
EQWLINVESCO S&P 100 EQUAL WEIGHT ETF $2.70B0.25%Dec 1, 2006-0.84
FTAFIRST TRUST LARGE CAP VALUE ALPHADEX FUND $1.30B0.58%May 8, 2007-0.84
REVSCOLUMBIA RESEARCH ENHANCED VALUE ETF $310M0.19%Sep 25, 2019-0.84
IWXISHARES RUSSELL TOP 200 VALUE ETF $3.60B0.20%Sep 22, 2009-0.84
CUTINVESCO MSCI GLOBAL TIMBER ETF $31M0.76%Nov 9, 2007-0.84
AIVLWISDOMTREE U.S. AI ENHANCED VALUE FUND $416M0.38%Jun 16, 2006-0.84
LYLDCAMBRIA LARGECAP SHAREHOLDER YIELD ETF $6.70M0.59%Jul 11, 2024-0.84
EQINCOLUMBIA U.S. EQUITY INCOME ETF $287M0.35%Jun 13, 2016-0.84
GNRSTATE STREET(R) SPDR(R) S&P(R) GLOBAL NATURAL RESOURCES ETF $4.50B0.40%Sep 13, 2010-0.84
SMDXINTECH S&P SMALL-MID CAP DIVERSIFIED ALPHA ETF $133M0.35%Feb 27, 2025-0.84
DIVBISHARES CORE DIVIDEND ETF $1.50B0.05%Nov 7, 2017-0.84
FTDSFIRST TRUST DIVIDEND STRENGTH ETF $37M0.70%Dec 5, 2006-0.84
RWKINVESCO S&P MIDCAP 400 REVENUE ETF $1.30B0.39%Feb 20, 2008-0.84
EXIISHARES GLOBAL INDUSTRIALS ETF $1.40B0.39%Sep 12, 2006-0.84
RSPNINVESCO S&P 500 EQUAL WEIGHT INDUSTRIALS ETF $1.10B0.40%Nov 1, 2006-0.84
IWSISHARES RUSSELL MID-CAP VALUE ETF $16B0.23%Jul 17, 2001-0.84
DIVOAMPLIFY CWP ENHANCED DIVIDEND INCOME ETF $7.20B0.56%Dec 13, 2016-0.84
TPLCTIMOTHY PLAN US LARGE/MID CAP CORE ETF $304M0.52%Apr 30, 2019-0.84
FINTFRONTIER ASSET TOTAL INTERNATIONAL EQUITY ETF $77M0.87%Dec 19, 2024-0.84
HERDPACER CASH COWS FUND OF FUNDS ETF $101M0.74%May 3, 2019-0.84
ULVMVICTORYSHARES US VALUE MOMENTUM ETF FORMERLY VICTORYSHARES USAA MSCI USA VALUE MOMENTUM ETF $260M0.20%Oct 24, 2017-0.84
ONEYSTATE STREET(R) SPDR(R) RUSSELL 1000 YIELD FOCUS ETF $727M0.20%Dec 2, 2015-0.84
FGSMFRONTIER ASSET GLOBAL SMALL CAP EQUITY ETF $51M0.82%Dec 19, 2024-0.84
PAVEGLOBAL X U.S. INFRASTRUCTURE DEVELOPMENT ETF $15B0.47%Mar 6, 2017-0.84
DSTLDISTILLATE U.S. FUNDAMENTAL STABILITY & VALUE ETF $2.10B0.39%Oct 23, 2018-0.84
JHMMJOHN HANCOCK MULTIFACTOR MID CAP ETF $5.80B0.41%Sep 28, 2015-0.84
MFUSPIMCO RAFI DYNAMIC MULTI-FACTOR U.S. EQUITY ETF $290M0.29%Aug 31, 2017-0.84
FIDUFIDELITY MSCI INDUSTRIALS INDEX ETF $2.40B0.08%Oct 21, 2013-0.84
ABEQABSOLUTE SELECT VALUE ETF $141M0.85%Jan 21, 2020-0.84
VSDAVICTORYSHARES DIVIDEND ACCELERATOR ETF $244M0.35%Apr 18, 2017-0.83
GENDGENTER CAPITAL DIVIDEND INCOME ETF $4.80M0.38%Jan 13, 2025-0.83
IFRAISHARES U.S. INFRASTRUCTURE ETF $4.60B0.30%Apr 3, 2018-0.83
XLISTATE STREET(R) INDUSTRIAL SELECT SECTOR SPDR(R) ETF $34B0.08%Dec 16, 1998-0.83
DFLVDIMENSIONAL US LARGE CAP VALUE ETF $6.40B0.21%Dec 6, 2022-0.83
NUDVNUVEEN ESG DIVIDEND ETF $47M0.26%Sep 27, 2021-0.83
IYJISHARES U.S. INDUSTRIALS ETF $1.90B0.38%Jun 12, 2000-0.83