Overview Holdings Performance Dividends Similar Etfs Correlations

8 Stocks and 92 ETFs for diversifying SPD (Simplify US Equity PLUS Downside Convexity ETF)

The least correlated asset to SPD (Simplify US Equity PLUS Downside Convexity ETF) is ETF YQQQ (YIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF). The correlation is -0.8886.

Stocks that lowly correlated with SPD

Symbol	Name	Market cap	Sector	Industry	Correlation
CLIK	Click Holdings Ltd	$4.19M	Consumer Cyclical	Personal Services	-0.68
TMDE	TMD Energy Ltd	$18M	Energy	Oil & Gas Midstream	-0.66
IROHU	CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)	$453M	N/A	N/A	-0.62
PVLA	Palvella Therapeutics Inc	$1.66B	Healthcare	Biotechnology	-0.57
GSRM	Bitcoin Depot Inc - Class A	$54M	N/A	N/A	-0.52
CPSR	Gelesis Holdings Inc - Class A	$1.87B	N/A	N/A	-0.49
RIBBU	Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)	$56M	Financial Services	Shell Companies	-0.48
ASIC	Ategrity Specialty Holdings LLC	$969M	Financial Services	Insurance - Property & Casualty	-0.45

ETFs that lowly correlated with SPD

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
YQQQ	YIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF	$14M	1.11%	Aug 14, 2024	-0.89
SH	ProShares Short S&P500 -1x Shares	$1.20B	0.89%	Jun 19, 2006	-0.88
SPDN	DIREXION DAILY S&P 500 (R) BEAR 1X SHARES	$220M	0.48%	Jun 8, 2016	-0.88
SDS	ProShares UltraShort S&P500 -2x Shares	$443M	N/A	Jul 11, 2006	-0.87
PSQ	ProShares Short QQQ -1x Shares	$519M	0.95%	Jun 19, 2006	-0.87
AIBD	DIREXION DAILY AI AND BIG DATA BEAR 2X SHARES	$4.20M	N/A	May 15, 2024	-0.82
SCC	ProShares UltraShort Consumer Discretionary	$6.20M	N/A	Jan 30, 2007	-0.80
QQQD	DIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES	$23M	0.50%	Mar 6, 2024	-0.80
QCMD	Direxion Daily QCOM Bear 1X ETF	$2M	1.00%	Jun 24, 2025	-0.78
DIPS	YIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF	$9.80M	1.05%	Jul 23, 2024	-0.75
WEBS	DIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES	$10M	N/A	Nov 7, 2019	-0.75
HIBS	Direxion Daily S&P 500 High Beta Bear 3X Shares	$19M	N/A	Nov 7, 2019	-0.74
MZZ	PROSHARES ULTRASHORT MIDCAP400	$734K	N/A	Jul 11, 2006	-0.74
MYY	PROSHARES SHORT MIDCAP400	$2.70M	0.95%	Jun 19, 2006	-0.72
SIJ	ProShares UltraShort Industrials -2x Shares	$6.20M	N/A	Jan 30, 2007	-0.71
RWM	PROSHARES SHORT RUSSELL2000	$143M	0.95%	Jan 23, 2007	-0.70
DXD	PROSHARES ULTRASHORT DOW30	$51M	N/A	Jul 11, 2006	-0.70
TWM	ProShares UltraShort Russell2000 -2x Shares	$47M	N/A	Jan 23, 2007	-0.70
REW	ProShares UltraShort Technology -2x Shares	$3.70M	N/A	Jan 30, 2007	-0.69
DOG	PROSHARES SHORT DOW30	$111M	0.95%	Jun 19, 2006	-0.69
FNGD	Bank of Montreal	$68M	N/A	Jan 22, 2018	-0.69
SKF	ProShares UltraShort Financials -2x Shares	$16M	N/A	May 23, 2007	-0.68
SDOW	ProShares UltraPro Short Dow30 -3x Shares	$180M	N/A	Feb 9, 2010	-0.67
SEF	ProShares Short Financials -1x Shares	$18M	0.95%	Jun 10, 2008	-0.67
NVD	GRANITESHARES 2X SHORT NVDA DAILY ETF	$75M	N/A	Aug 21, 2023	-0.67
NVDQ	T-Rex 2X Inverse NVIDIA Daily Target ETF	$36M	N/A	Oct 18, 2023	-0.66
SBB	ProShares Short SmallCap600 -1x Shares	$4.10M	0.95%	Jan 23, 2007	-0.65
NVDD	DIREXION DAILY NVDA BEAR 1X SHARES	$23M	1.01%	Sep 12, 2023	-0.64
IONZ	Defiance Daily Target 2x Short IONQ ETF	$22M	N/A	Jun 23, 2025	-0.63
EMTY	ProShares Decline of the Retail Store ETF -1x Shares	$2.90M	0.65%	Nov 14, 2017	-0.63
AVS	DIREXION DAILY AVGO BEAR 1X SHARES	$6.90M	1.03%	Oct 9, 2024	-0.63
SARK	TRADR 1X SHORT INNOVATION DAILY ETF	$68M	0.92%	Nov 5, 2021	-0.63
HDGE	ADVISORSHARES RANGER EQUITY BEAR ETF	$66M	3.62%	Jan 26, 2011	-0.63
SDD	PROSHARES ULTRASHORT SMALLCAP600	$1.60M	N/A	Jan 23, 2007	-0.63
NVDS	Tradr 1.5X Short NVDA Daily ETF	$23M	N/A	Jul 13, 2022	-0.62
SJB	PROSHARES SHORT HIGH YIELD	$103M	0.95%	Mar 21, 2011	-0.62
CRSH	YIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF	$19M	1.05%	May 1, 2024	-0.61
MSFD	DIREXION DAILY MSFT BEAR 1X SHARES	$42M	1.02%	Sep 6, 2022	-0.61
TNGY	TORTOISE ENERGY ETF	$600M	0.85%	Dec 27, 2010	-0.61
TSLQ	Tradr 2X Short TSLA Daily ETF	$159M	N/A	Jul 13, 2022	-0.60
TSMZ	DIREXION DAILY TSM BEAR 1X SHARES	$2.70M	1.01%	Oct 2, 2024	-0.60
AMZD	DIREXION DAILY AMZN BEAR 1X SHARES	$17M	1.02%	Sep 6, 2022	-0.60
UVIX	2x Long VIX Futures ETF	$499M	N/A	Mar 28, 2022	-0.59
REK	PROSHARES SHORT REAL ESTATE	$12M	0.95%	Mar 16, 2010	-0.59
SRS	ProShares UltraShort Real Estate -2x Shares	$17M	N/A	Jan 30, 2007	-0.58
XOMX	Direxion Daily XOM Bull 2X Shares	$7.90M	N/A	Apr 22, 2025	-0.57
SHRT	GOTHAM SHORT STRATEGIES ETF	$17M	1.35%	Jul 31, 2017	-0.56
SMDD	ProShares UltraPro Short MidCap400 -3x Shares	$1.90M	N/A	Feb 9, 2010	-0.56
TSLS	Direxion Daily TSLA Bear 1X Shares	$76M	0.95%	Aug 8, 2022	-0.56
BNKD	Bank of Montreal	$1.40M	N/A	Feb 20, 2025	-0.56
QBER	TRUESHARES QUARTERLY BEAR HEDGE ETF	$62M	0.79%	Jun 28, 2024	-0.55
EFU	ProShares UltraShort MSCI EAFE -2x Shares	$932K	N/A	Oct 23, 2007	-0.55
AMDD	T-REX 2X INVERSE AMD DAILY TARGET ETF	$21M	1.03%	Feb 11, 2025	-0.55
SETH	ProShares Short Ether ETF	$16M	0.95%	Nov 1, 2023	-0.55
EFZ	ProShares Short MSCI EAFE -1X Shares	$16M	0.95%	Oct 23, 2007	-0.54
TSDD	GRANITESHARES 2X SHORT TSLA DAILY ETF	$42M	N/A	Aug 21, 2023	-0.54
TSLZ	T-Rex 2X Inverse Tesla Daily Target ETF	$46M	N/A	Oct 18, 2023	-0.54
SMCZ	DEFIANCE DAILY TARGET 2X SHORT SMCI ETF	$4.80M	N/A	Mar 31, 2025	-0.54
WZRD	Opportunistic Trader ETF	$3.90M	1.00%	Jun 24, 2025	-0.54
SZK	ProShares UltraShort Consumer Staples	$4.70M	N/A	Jan 30, 2007	-0.54
EWV	ProShares UltraShort MSCI Japan -2x Shares	$7.20M	N/A	Nov 6, 2007	-0.53
EEV	ProShares UltraShort MSCI Emerging Markets -2x Shares	$6.10M	N/A	Oct 30, 2007	-0.53
CSCS	Direxion Daily CSCO Bear 1X ETF	$1.80M	1.00%	Jun 24, 2025	-0.53
PALD	Direxion Daily PANW Bear 1X Shares	$2.40M	1.02%	Feb 10, 2025	-0.53
DWSH	ADVISORSHARES DORSEY WRIGHT SHORT ETF	$9M	6.22%	Jul 10, 2018	-0.53
EUM	ProShares Short MSCI Emerging Markets -1x Shares	$8.80M	0.95%	Oct 30, 2007	-0.53
FIAT	YIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF	$39M	1.05%	Jul 9, 2024	-0.51
QID	PROSHARES ULTRASHORT QQQ	$279M	N/A	Jul 11, 2006	-0.51
WNTR	YieldMax Short MSTR Option Income Strategy ETF	$72M	1.00%	Mar 26, 2025	-0.51
EDZ	DIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES	$37M	N/A	Dec 17, 2008	-0.50
EPV	ProShares UltraShort FTSE Europe -2X Shares	$14M	N/A	Jun 16, 2009	-0.50
ETHD	ProShares UltraShort Ether ETF	$84M	N/A	Jun 6, 2024	-0.50
SRTY	ProShares UltraPro Short Russell2000 -3x Shares	$81M	N/A	Feb 9, 2010	-0.50
AAPD	DIREXION DAILY AAPL BEAR 1X SHARES	$16M	0.96%	Aug 8, 2022	-0.50
BTCZ	T-REX 2X INVERSE BITCOIN DAILY TARGET ETF	$26M	N/A	Jul 9, 2024	-0.49
DRV	DIREXION DAILY REAL ESTATE BEAR 3X SHARES	$33M	N/A	Jul 16, 2009	-0.47
SBIT	ProShares UltraShort Bitcoin ETF	$183M	N/A	Apr 1, 2024	-0.47
SMN	ProShares UltraShort Materials	$3.10M	N/A	Jan 30, 2007	-0.46
SPXU	ProShares UltraPro Short S&P 500	$562M	N/A	Jun 23, 2009	-0.46
RTXG	Leverage Shares 2X Long RTX Daily ETF	$4M	N/A	Jun 5, 2025	-0.46
BITI	ProShares Short Bitcoin ETF	$187M	1.01%	Jun 21, 2022	-0.46
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	$37M	0.89%	Jan 17, 2018	-0.46
VIXM	ProShares VIX Mid-Term Futures ETF	$56M	0.92%	Jan 3, 2011	-0.46
LFBE	Stone Ridge 2065 Longevity Income ETF	$3.20M	0.25%	Jan 3, 2025	-0.45
CONI	GRANITESHARES 2X SHORT COIN DAILY ETF	$17M	N/A	Sep 4, 2024	-0.45
PLTD	T-REX 2X INVERSE PLTR DAILY TARGET ETF	$29M	0.98%	Dec 10, 2024	-0.44
GGLS	DIREXION DAILY GOOGL BEAR 1X SHARES	$17M	1.02%	Sep 6, 2022	-0.43
LABD	DIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&AMP;P BIOTECH BEAR 3X SHARES	$69M	N/A	May 28, 2015	-0.43
NFLW	ROUNDHILL NFLX WEEKLYPAY ETF	$16M	N/A	Jun 17, 2025	-0.43
BRKU	DIREXION DAILY BRKB BULL 2X SHARES	$58M	N/A	Dec 10, 2024	-0.43
JUCY	APTUS ENHANCED YIELD ETF	$234M	0.60%	Oct 31, 2022	-0.42
RFIX	Simplify Downside Interest Rate Hedge Strategy ETF	$56M	0.50%	Dec 9, 2024	-0.42