9 Stocks and 91 ETFs for diversifying SPUS (SP FUNDS S&P 500 SHARIA INDUSTRY EXCLUSIONS ETF)
The least correlated asset to SPUS (SP FUNDS S&P 500 SHARIA INDUSTRY EXCLUSIONS ETF) is ETF PSQ (ProShares Short QQQ -1x Shares). The correlation is -0.9531.
Stocks that lowly correlated with SPUS
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| APAD | Enhanced Group Inc - Class A | $161M | Financial Services | Shell Companies | -0.62 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.60 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.55 |
| MCTR | CTRL Group Ltd | $15M | Communication Services | Advertising Agencies | -0.54 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.52 |
| ASIC | Ategrity Specialty Holdings LLC | $1.08B | Financial Services | Insurance - Property & Casualty | -0.50 |
| TFIN-P | Triumph Financial Inc Depositary Shares Series C | $531M | Financial Services | Banks - Regional | -0.46 |
| CURX | Curanex Pharmaceuticals Inc | $6.11M | Healthcare | Biotechnology | -0.46 |
| WSBK | Winchester Bancorp Inc | $121M | Financial Services | Banks - Regional | -0.45 |