36 Stocks and 64 ETFs for diversifying SMST (DEFIANCE DAILY TARGET 2X SHORT MSTR ETF)
The least correlated asset to SMST (DEFIANCE DAILY TARGET 2X SHORT MSTR ETF) is ETF NTRL (First Trust Equity Market Neutral ETF). The correlation is -1.
Stocks that lowly correlated with SMST
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| MSTR | Strategy Inc - Class A | $33B | Technology | Software - Application | -0.83 |
| EMPD | Empery Digital Inc | $98M | Consumer Cyclical | Auto Manufacturers | -0.82 |
| ACST | Acasti Pharma Inc - Class A | $53M | N/A | N/A | -0.80 |
| BLSH | Bullish | $3.80B | Technology | Software - Infrastructure | -0.79 |
| BTCW | WisdomTree Bitcoin Fund | $140M | N/A | N/A | -0.78 |
| EZBC | Franklin Templeton Digital Holdings Trust | $409M | N/A | N/A | -0.78 |
| CNL | Collective Mining Ltd. | $1.14B | Basic Materials | Gold | -0.77 |
| TDIC | Dreamland Ltd | $17M | Communication Services | Advertising Agencies | -0.74 |
| BCOR | GRAYSCALE BITCOIN ADOPTERS ETF | $868M | N/A | N/A | -0.73 |
| RAIN | Rain Enhancement Technologies Holdco, Inc. Class A Common Stock | $13M | Industrials | Pollution & Treatment Controls | -0.71 |
| ICL | ICL Group Ltd | $6.58B | Basic Materials | Agricultural Inputs | -0.70 |
| NOTV | Inotiv, Inc. Common Stock | $1.74M | Healthcare | Diagnostics & Research | -0.69 |
| GAMB | Gambling.com Group Ltd | $68M | Consumer Cyclical | Gambling | -0.68 |
| DEFT | Defi Technologies Inc | $171M | Financial Services | Capital Markets | -0.67 |
| CRCL | Circle Internet Group Inc - Class A | $16B | Financial Services | Capital Markets | -0.67 |
| RBOT | Vicarious Surgical Inc. | $1.07M | Healthcare | Medical Devices | -0.67 |
| CANG | Cango Inc | $83M | Financial Services | Capital Markets | -0.66 |
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $18M | Financial Services | Shell Companies | -0.66 |
| SMLR | Semler Scientific Inc | $308M | Healthcare | Medical Devices | -0.63 |
| SLAI | SOLAI Ltd | $12M | Technology | Information Technology Services | -0.63 |
| BTCM | BIT Mining Limited | $44M | Technology | Information Technology Services | -0.63 |
| CAEP | Cantor Equity Partners III Inc - Class A | $420M | Financial Services | Shell Companies | -0.63 |
| MLAC | Mountain Lake Acquisition Corp - Class A | $43M | N/A | N/A | -0.63 |
| NKLR | Terra Innovatum Global N.V. | $535M | Utilities | Utilities - Regulated Electric | -0.61 |
| IMRA | BITWISE MARA OPTION INCOME STRATEGY ETF | $914M | N/A | N/A | -0.61 |
| TACO | Berto Acquisition Corp | $314M | Financial Services | Shell Companies | -0.61 |
| STRC | Microstrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock | $29B | Technology | Software - Application | -0.60 |
| LDWY | Lendway Inc | $9.31M | Communication Services | Advertising Agencies | -0.60 |
| ATGE | Adtalem Global Education Inc | $3.35B | Consumer Defensive | Education & Training Services | -0.60 |
| AVXL | Anavex Life Sciences Corporation | $232M | Healthcare | Biotechnology | -0.60 |
| PSTX | Poseida Therapeutics Inc | $933M | N/A | N/A | -0.60 |
| EXOD | Exodus Movement Inc - Class A | $149M | Technology | Software - Infrastructure | -0.60 |
| LEGT | Legato Merger Corp. III | $197M | Financial Services | Shell Companies | -0.59 |
| ACHR | Archer Aviation Inc - Class A | $3.63B | Industrials | Aerospace & Defense | -0.59 |
| TVRD | Cara Therapeutics Inc | $27M | Healthcare | Biotechnology | -0.59 |
| ATOM | Atomera Inc | $238M | Technology | Semiconductor Equipment & Materials | -0.59 |