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30 Stocks and 70 ETFs for diversifying SPUT (Innovator Equity Premium Income Daily PutWrite ETF)

The least correlated asset to SPUT (Innovator Equity Premium Income Daily PutWrite ETF) is company Desktop Metal (DM). The correlation is -1.

Stocks that lowly correlated with SPUT

SymbolName
Market cap
SectorIndustry
Correlation
DMDesktop Metal Inc - Class A$165MN/AN/A-1.00
OPTNOptiNose Inc$112MN/AN/A-1.00
AACIWArmada Acquisition Corp I - Warrants (13/08/2026)$20MN/AN/A-0.97
NAOVNanoVibronix Inc$15MHealthcareMedical Devices-0.81
OPOFOld Point Financial Corp$215MFinancial ServicesBanks - Regional-0.81
SANDSandstorm Gold Ltd$3.63BBasic MaterialsGold-0.76
GATEUMarblegate Acquisition Corp - Units (1 Ord Share Class A & 1/2 War)$340MFinancial ServicesShell Companies-0.74
GATEVISTASHARES TARGET 15 GATE ENDOWMENT DISTRIBUTION ETF $425MFinancial ServicesShell Companies-0.74
VSTAVasta Platform Ltd Class A$394MConsumer DefensiveEducation & Training Services-0.71
GDSTRGoldenstone Acquisition Ltd$154KN/AN/A-0.68
EDConsolidated Edison Inc$39BUtilitiesUtilities - Regulated Electric-0.67
CWTCalifornia Water Service Group$2.64BUtilitiesUtilities - Regulated Water-0.67
ANNAAleAnna Inc - Class A$122MEnergyOil & Gas E&p-0.66
PRAProassurance Corporation$1.26BFinancial ServicesInsurance - Property & Casualty-0.65
EXCExelon Corp$47BUtilitiesUtilities - Regulated Electric-0.65
PPCPilgrim`s Pride Corp$6.90BConsumer DefensivePackaged Foods-0.63
BJBJ`s Wholesale Club Holdings Inc$11BConsumer DefensiveDiscount Stores-0.60
FTSFortis Inc$29BUtilitiesUtilities - Regulated Electric-0.60
CNPCenterpoint Energy Inc$28BUtilitiesUtilities - Regulated Electric-0.60
WVVIPWillamette Valley Vineyard Inc$22MConsumer DefensiveBeverages - Wineries & Distilleries-0.59
DFDVDeFi Development Corp$127MFinancial ServicesAsset Management-0.59
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.59
TISITeam Inc$74MIndustrialsSpecialty Business Services-0.58
UTLUnitil Corp$930MUtilitiesUtilities - Diversified-0.57
SYTSYLA Technologies Co Ltd$60MTechnologySoftware - Application-0.56
ORLAOrla Mining Ltd$4.86BBasic MaterialsGold-0.56
LXEHLixiang Education Holding Co Ltd$2.91MConsumer DefensiveEducation & Training Services-0.55
KRKroger Company$42BConsumer DefensiveGrocery Stores-0.55
RCCReady Capital Corporation 5.75% Senior Notes due 2026$4.05BN/AN/A-0.55
PDEXPro-Dex Inc (co)$206MHealthcareMedical Instruments & Supplies-0.55

ETFs that lowly correlated with SPUT

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
CLIMCLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF $1.30M0.90%Mar 11, 2026-0.99
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.92
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.90
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.88
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.88
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.87
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.87
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.86
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.86
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.86
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.84
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.83
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.83
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.83
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.82
CAOSALPHA ARCHITECT TAIL RISK ETF $650M0.63%Aug 14, 2013-0.81
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.80
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $23M0.50%Mar 6, 2024-0.79
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.20MN/AMay 15, 2024-0.78
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.78
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.78
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.77
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.76
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.76
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.76
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.76
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.75
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $23M1.01%Sep 12, 2023-0.75
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $14M1.11%Aug 14, 2024-0.75
NVDSTradr 1.5X Short NVDA Daily ETF$23MN/AJul 13, 2022-0.73
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.73
AVSDIREXION DAILY AVGO BEAR 1X SHARES $6.90M1.03%Oct 9, 2024-0.73
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.73
YXIProShares Short FTSE China 50 -1x Shares$4.30M0.95%Mar 16, 2010-0.72
QCMDDirexion Daily QCOM Bear 1X ETF$2M1.00%Jun 24, 2025-0.71
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $75MN/AAug 21, 2023-0.71
NVDQT-Rex 2X Inverse NVIDIA Daily Target ETF$36MN/AOct 18, 2023-0.71
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.71
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.70
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.70
TNGYTORTOISE ENERGY ETF $600M0.85%Dec 27, 2010-0.70
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $17M1.02%Sep 6, 2022-0.69
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.69
FXPProShares UltraShort FTSE China 50 -2x Shares$5.60MN/ANov 6, 2007-0.69
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.68
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.68
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.67
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.67
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $9.80M1.05%Jul 23, 2024-0.66
MSFDDIREXION DAILY MSFT BEAR 1X SHARES $42M1.02%Sep 6, 2022-0.66
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.65
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.64
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.64
GGLSDIREXION DAILY GOOGL BEAR 1X SHARES $17M1.02%Sep 6, 2022-0.64
METDDIREXION DAILY META BEAR 1X SHARES $8.60M1.02%Jun 5, 2024-0.64
YANGDIREXION DAILY FTSE CHINA BEAR 3X SHARES $110MN/ADec 3, 2009-0.63
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.63
IVOLQUADRATIC INTEREST RATE VOLATILITY AND INFLATION HEDGE ETF $339M0.98%May 13, 2019-0.63
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.62
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.62
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.62
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $21M1.03%Feb 11, 2025-0.61
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.61
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $16M0.96%Aug 8, 2022-0.60
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.58
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.57
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.57
IBICISHARES IBONDS OCT 2026 TERM TIPS ETF $81M0.10%Sep 13, 2023-0.56
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.56
QIDPROSHARES ULTRASHORT QQQ $279MN/AJul 11, 2006-0.55