11 Stocks and 89 ETFs for diversifying SPMO (INVESCO S&P 500 MOMENTUM ETF)
The least correlated asset to SPMO (INVESCO S&P 500 MOMENTUM ETF) is ETF YQQQ (YIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF). The correlation is -0.9303.
Stocks that lowly correlated with SPMO
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| GSRM | Bitcoin Depot Inc - Class A | $54M | N/A | N/A | -0.69 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.58 |
| RIBBU | Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $56M | Financial Services | Shell Companies | -0.52 |
| GIG | GigCapital7 Corp - Class A | $353M | Financial Services | Shell Companies | -0.51 |
| TMDE | TMD Energy Ltd | $18M | Energy | Oil & Gas Midstream | -0.48 |
| SDHIR | Siddhi Acquisition Corp | $1.38M | N/A | N/A | -0.47 |
| TRUG | TruGolf Holdings Inc - Class A | $1.24M | Consumer Cyclical | Leisure | -0.47 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.45 |
| WSBK | Winchester Bancorp Inc | $119M | Financial Services | Banks - Regional | -0.44 |
| HBNB | Hotel101 Global Holdings Corp | $1.36B | Real Estate | Real Estate Services | -0.43 |
| JCAP | Jefferson Capital Inc | $950M | Financial Services | Credit Services | -0.42 |