Skip to main content

Want a detailed portfolio tracker?

15 Stocks and 85 ETFs for diversifying SPEM (SPDR(R) PORTFOLIO EMERGING MARKETS ETF)

The least correlated asset to SPEM (SPDR(R) PORTFOLIO EMERGING MARKETS ETF) is ETF EUM (ProShares Short MSCI Emerging Markets -1x Shares). The correlation is -0.9776.

Stocks that lowly correlated with SPEM

SymbolName
Market cap
SectorIndustry
Correlation
TMDETMD Energy Ltd$18MEnergyOil & Gas Midstream-0.68
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.65
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.57
ASICAtegrity Specialty Holdings LLC$969MFinancial ServicesInsurance - Property & Casualty-0.51
CRCLCircle Internet Group Inc - Class A$25BFinancial ServicesCapital Markets-0.50
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.47
STAKStak Inc$17MEnergyOil & Gas Equipment & Services-0.44
HPAIHelport AI Ltd$33MTechnologySoftware - Infrastructure-0.44
EQVEQV Ventures Acquisition Corp.$466MFinancial ServicesShell Companies-0.43
ANNAAleAnna Inc - Class A$122MEnergyOil & Gas E&p-0.41
PROPPrairie Operating Co. Common Stock$81MEnergyOil & Gas E&p-0.41
MOBXMobix Labs Inc - Class A$20MTechnologySemiconductors-0.40
BDMDBaird Medical Investment Holdings Ltd .$44MHealthcareMedical Devices-0.39
TPETTrio Petroleum Corp$3.76MEnergyOil & Gas E&p-0.38
SAFXXCF Global Inc$126MUtilitiesUtilities - Renewable-0.38

ETFs that lowly correlated with SPEM

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.98
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.97
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.83
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.82
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.80
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.80
YXIProShares Short FTSE China 50 -1x Shares$4.30M0.95%Mar 16, 2010-0.75
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.75
FXPProShares UltraShort FTSE China 50 -2x Shares$5.60MN/ANov 6, 2007-0.74
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.73
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.72
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.70
YANGDIREXION DAILY FTSE CHINA BEAR 3X SHARES $110MN/ADec 3, 2009-0.69
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.69
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.69
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.68
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.68
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.67
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.67
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.67
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.67
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.66
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.66
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.66
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.66
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.66
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.65
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.65
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.65
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.64
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.64
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.64
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.62
WZRDOpportunistic Trader ETF$3.90M1.00%Jun 24, 2025-0.62
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.62
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $396M0.51%Dec 18, 2013-0.61
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.61
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.60
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.60
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.59
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.59
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.58
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.58
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.58
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3MN/AJun 16, 2009-0.57
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $14M1.11%Aug 14, 2024-0.57
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.56
NFLWROUNDHILL NFLX WEEKLYPAY ETF $16MN/AJun 17, 2025-0.56
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.56
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.55
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.55
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.20MN/AMay 15, 2024-0.55
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.54
TNGYTORTOISE ENERGY ETF $600M0.85%Dec 27, 2010-0.53
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $9.80M1.05%Jul 23, 2024-0.53
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.53
METDDIREXION DAILY META BEAR 1X SHARES $8.60M1.02%Jun 5, 2024-0.51
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.50
QIDPROSHARES ULTRASHORT QQQ $279MN/AJul 11, 2006-0.50
UUPInvesco DB US Dollar Index Bullish Fund$352M0.75%Feb 20, 2007-0.50
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.49
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.48
WTIDBank of Montreal$6.60MN/AFeb 16, 2023-0.48
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $4.80MN/AMar 31, 2025-0.48
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $21M1.03%Feb 11, 2025-0.47
ZSLProShares UltraShort Silver -2x Shares$145MN/ADec 1, 2008-0.47
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $23M0.50%Mar 6, 2024-0.46
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.46
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $75MN/AAug 21, 2023-0.46
NVDSTradr 1.5X Short NVDA Daily ETF$23MN/AJul 13, 2022-0.46
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.45
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.45
EUOProShares UltraShort Euro -2X Shares$38MN/ANov 24, 2008-0.44
RXDProShares UltraShort Health Care -2x Shares$4.90MN/AJan 30, 2007-0.44
FNGDBank of Montreal$68MN/AJan 22, 2018-0.44
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.43
NVDQT-Rex 2X Inverse NVIDIA Daily Target ETF$36MN/AOct 18, 2023-0.42
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $23M1.01%Sep 12, 2023-0.42
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $40MN/ANov 6, 2008-0.40
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.40
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $16M0.96%Aug 8, 2022-0.38
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$1.10BN/ANov 24, 2008-0.38
SHRTGOTHAM SHORT STRATEGIES ETF $17M1.35%Jul 31, 2017-0.38
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $210M0.50%May 10, 2021-0.38
OILDBank of Montreal$19MN/ANov 8, 2021-0.36