Overview Performance Dividends Similar Etfs Correlations

13 Stocks and 87 ETFs for diversifying SPMV (INVESCO S&P 500 MINIMUM VARIANCE ETF)

The least correlated asset to SPMV (INVESCO S&P 500 MINIMUM VARIANCE ETF) is ETF SPDN (DIREXION DAILY S&P 500 (R) BEAR 1X SHARES). The correlation is -0.9103.

Stocks that lowly correlated with SPMV

Symbol	Name	Market cap	Sector	Industry	Correlation
FACTU	FACT II Acquisition Corp - Units (1 Ord Class A & 1/2 War)	$62M	Financial Services	Shell Companies	-0.55
BMGL	Basel Medical Group Ltd	$11M	Healthcare	Medical Care Facilities	-0.52
PROP	Prairie Operating Co. Common Stock	$72M	N/A	N/A	-0.51
LGPS	LogProstyle Inc	$19M	Industrials	Conglomerates	-0.49
HRYU	Global Interactive Technologies Inc	$760K	Communication Services	Internet Content & Information	-0.48
CLIK	Click Holdings Ltd	$4.19M	Consumer Cyclical	Personal Services	-0.47
NYAX	Nayax Ltd	$2.65B	Technology	Software - Infrastructure	-0.44
NCEW	New Century Logistics (BVI) Ltd	$65M	Industrials	Integrated Freight & Logistics	-0.43
CDTG	CDT Environmental Technology Investment Holdings Ltd	$3.77M	Industrials	Waste Management	-0.42
HCAI	Huachen AI Parking Management Technology Holding Co. Ltd	$10M	Industrials	Farm & Heavy Construction Machinery	-0.37
WGRX	Wellgistics Health Inc	$8.93M	Healthcare	Pharmaceutical Retailers	-0.37
YSXT	Ysx Tech Co.Ltd - Class A	$25M	Industrials	Specialty Business Services	-0.36
AZI	Autozi Internet Technology (Global) Ltd - Class A	$9.05M	Consumer Cyclical	Auto & Truck Dealerships	-0.36

ETFs that lowly correlated with SPMV

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
SPDN	DIREXION DAILY S&P 500 (R) BEAR 1X SHARES	$198M	0.47%	Jun 8, 2016	-0.91
SH	ProShares Short S&P500 -1x Shares	$981M	0.89%	Jun 19, 2006	-0.91
SDS	ProShares UltraShort S&P500 -2x Shares	$433M	N/A	Jul 11, 2006	-0.90
DOG	PROSHARES SHORT DOW30	$109M	0.95%	Jun 19, 2006	-0.89
DXD	PROSHARES ULTRASHORT DOW30	$48M	N/A	Jul 11, 2006	-0.88
SJB	PROSHARES SHORT HIGH YIELD	$67M	0.95%	Mar 21, 2011	-0.87
SIJ	ProShares UltraShort Industrials -2x Shares	$6.30M	N/A	Jan 30, 2007	-0.85
SEF	ProShares Short Financials -1x Shares	$15M	0.95%	Jun 10, 2008	-0.84
SKF	ProShares UltraShort Financials -2x Shares	$15M	N/A	May 23, 2007	-0.83
SDOW	ProShares UltraPro Short Dow30 -3x Shares	$177M	N/A	Feb 9, 2010	-0.83
MYY	PROSHARES SHORT MIDCAP400	$2.60M	N/A	Jun 19, 2006	-0.83
MZZ	PROSHARES ULTRASHORT MIDCAP400	$701K	N/A	Jul 11, 2006	-0.82
REK	PROSHARES SHORT REAL ESTATE	$11M	0.95%	Mar 16, 2010	-0.82
EFU	ProShares UltraShort MSCI EAFE -2x Shares	$1.30M	N/A	Oct 23, 2007	-0.82
EFZ	PROSHARES SHORT MSCI EAFE	$12M	0.95%	Oct 23, 2007	-0.81
SRS	ProShares UltraShort Real Estate -2x Shares	$17M	N/A	Jan 30, 2007	-0.81
EPV	ProShares UltraShort FTSE Europe -2X Shares	$14M	N/A	Jun 16, 2009	-0.81
TWM	ProShares UltraShort Russell2000 -2x Shares	$51M	N/A	Jan 23, 2007	-0.78
PSQ	ProShares Short QQQ -1x Shares	$658M	0.95%	Jun 19, 2006	-0.78
RWM	PROSHARES SHORT RUSSELL2000	$119M	0.95%	Jan 23, 2007	-0.78
HIBS	DIREXION DAILY S&P 500(R) HIGH BETA BEAR 3X SHARES	$16M	N/A	Nov 7, 2019	-0.78
SCC	ProShares UltraShort Consumer Discretionary	$5.90M	N/A	Jan 30, 2007	-0.78
SDD	PROSHARES ULTRASHORT SMALLCAP600	$1.40M	N/A	Jan 23, 2007	-0.78
SBB	PROSHARES SHORT SMALLCAP600	$3.60M	0.95%	Jan 23, 2007	-0.77
SZK	PROSHARES ULTRASHORT CONSUMER STAPLES	$4.80M	N/A	Jan 30, 2007	-0.77
EMTY	PROSHARES DECLINE OF THE RETAIL STORE ETF	$3M	0.65%	Nov 14, 2017	-0.75
DWSH	ADVISORSHARES DORSEY WRIGHT SHORT ETF	$9.30M	6.22%	Jul 10, 2018	-0.75
SMN	ProShares UltraShort Materials	$3.10M	N/A	Jan 30, 2007	-0.75
QBER	TRUESHARES QUARTERLY BEAR HEDGE ETF	$79M	0.79%	Jun 28, 2024	-0.74
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	$36M	0.89%	Jan 17, 2018	-0.73
VIXM	ProShares VIX Mid-Term Futures ETF	$45M	1.10%	Jan 3, 2011	-0.73
HDGE	ADVISORSHARES RANGER EQUITY BEAR ETF	$63M	3.62%	Jan 26, 2011	-0.72
REW	ProShares UltraShort Technology -2x Shares	$2.50M	N/A	Jan 30, 2007	-0.70
TAPR	Barclays Bank PLC	$11M	0.79%	Mar 31, 2025	-0.70
RXD	PROSHARES ULTRASHORT HEALTH CARE	$5.30M	N/A	Jan 30, 2007	-0.70
SPXU	ProShares UltraPro Short S&P 500	$463M	N/A	Jun 23, 2009	-0.70
SMDD	ProShares UltraPro Short MidCap400 -3x Shares	$2.10M	N/A	Feb 9, 2010	-0.69
EWV	ProShares UltraShort MSCI Japan -2x Shares	$6.50M	N/A	Nov 6, 2007	-0.69
WEBS	DIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES	$7.30M	N/A	Nov 7, 2019	-0.67
METD	DIREXION DAILY META BEAR 1X SHARES	$7.50M	1.00%	Jun 5, 2024	-0.67
TAIL	CAMBRIA TAIL RISK ETF	$151M	0.59%	Apr 5, 2017	-0.66
UVIX	2x Long VIX Futures ETF	$411M	N/A	Mar 28, 2022	-0.66
BNKD	Bank of Montreal	$1.40M	N/A	Feb 20, 2025	-0.65
EUM	ProShares Short MSCI Emerging Markets -1x Shares	$10M	0.95%	Oct 30, 2007	-0.65
EEV	ProShares UltraShort MSCI Emerging Markets -2x Shares	$3.20M	N/A	Oct 30, 2007	-0.64
SRTY	ProShares UltraPro Short Russell2000 -3x Shares	$72M	N/A	Feb 9, 2010	-0.63
SDP	ProShares UltraShort Utilities -2x Shares	$4.40M	N/A	Jan 30, 2007	-0.62
EDZ	DIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES	$28M	N/A	Dec 17, 2008	-0.61
TSMZ	DIREXION DAILY TSM BEAR 1X SHARES	$2.70M	0.98%	Oct 2, 2024	-0.61
WTID	Bank of Montreal	$15M	N/A	Feb 16, 2023	-0.61
YQQQ	YIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF	$13M	0.99%	Aug 14, 2024	-0.60
AIBD	DIREXION DAILY AI AND BIG DATA BEAR 2X SHARES	$4.10M	N/A	May 15, 2024	-0.60
QID	PROSHARES ULTRASHORT QQQ	$236M	N/A	Jul 11, 2006	-0.58
NVDQ	T-Rex 2X Inverse NVIDIA Daily Target ETF	$28M	N/A	Oct 18, 2023	-0.58
NVD	GRANITESHARES 2X SHORT NVDA DAILY ETF	$63M	N/A	Aug 21, 2023	-0.57
LABD	DIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&AMP;P BIOTECH BEAR 3X SHARES	$77M	N/A	May 28, 2015	-0.55
NVDD	DIREXION DAILY NVDA BEAR 1X SHARES	$22M	1.02%	Sep 12, 2023	-0.55
DRV	DIREXION DAILY REAL ESTATE BEAR 3X SHARES	$34M	N/A	Jul 16, 2009	-0.55
ERY	DIREXION DAILY ENERGY BEAR 2X SHARES	$52M	N/A	Nov 6, 2008	-0.55
QQQD	DIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES	$28M	0.50%	Mar 6, 2024	-0.54
BIS	ProShares UltraShort Nasdaq Biotechnology -2x Shares	$2.40M	N/A	Apr 6, 2010	-0.54
DRIP	DIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES	$174M	N/A	May 28, 2015	-0.54
NVDS	Tradr 1.5X Short NVDA Daily ETF	$18M	N/A	Jul 13, 2022	-0.54
SLDR	GLOBAL X SHORT-TERM TREASURY LADDER ETF	$39M	0.12%	Sep 9, 2024	-0.53
DIPS	YIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF	$9.10M	0.99%	Jul 23, 2024	-0.52
REKT	DIREXION DAILY CRYPTO INDUSTRY BEAR 1X SHARES	N/A	0.49%	Jul 16, 2024	-0.52
DUG	ProShares UltraShort Energy	$30M	N/A	Jan 30, 2007	-0.52
PFIX	SIMPLIFY INTEREST RATE HEDGE ETF	$231M	0.50%	May 10, 2021	-0.51
SARK	TRADR 1X SHORT INNOVATION DAILY ETF	$52M	0.92%	Nov 5, 2021	-0.51
MUD	DIREXION DAILY MU BEAR 1X SHARES	$73M	0.97%	Oct 9, 2024	-0.50
PLTD	T-REX 2X INVERSE PLTR DAILY TARGET ETF	$36M	0.97%	Dec 10, 2024	-0.50
SCO	ProShares UltraShort Bloomberg Crude Oil -2x Shares	$1.50B	N/A	Nov 24, 2008	-0.49
OILD	Bank of Montreal	$45M	N/A	Nov 8, 2021	-0.49
FNGD	Bank of Montreal	$46M	N/A	Jan 22, 2018	-0.49
RISR	FOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF	$251M	1.04%	Sep 30, 2021	-0.49
BTAL	AGF U.S. MARKET NEUTRAL ANTI-BETA FUND	$276M	1.40%	Sep 13, 2011	-0.46
SKRE	TUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF	$7.20M	N/A	Jan 3, 2024	-0.44
KMLM	KRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF	$327M	0.90%	Dec 1, 2020	-0.43
BZQ	ProShares UltraShort MSCI Brazil Capped ETF -2x Shares	$3.10M	N/A	Jun 16, 2009	-0.42
AVS	DIREXION DAILY AVGO BEAR 1X SHARES	$4.90M	0.98%	Oct 9, 2024	-0.41
AAPD	DIREXION DAILY AAPL BEAR 1X SHARES	$18M	1.00%	Aug 8, 2022	-0.40
SETH	ProShares Short Ether ETF	$20M	N/A	Nov 1, 2023	-0.40
USDU	WISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND	$380M	0.51%	Dec 18, 2013	-0.40
ZSL	ProShares UltraShort Silver -2x Shares	$106M	N/A	Dec 1, 2008	-0.38
MMKT	TEXAS CAPITAL GOVERNMENT MONEY MARKET ETF	$75M	0.20%	Sep 24, 2024	-0.37
ETQ	T-Rex 2X Inverse Ether Daily Target ETF	N/A	N/A	Oct 22, 2024	-0.37
TRSY	Xtrackers US 0-1 Year Treasury ETF	$71M	0.06%	Oct 8, 2024	-0.37