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16 Stocks and 84 ETFs for diversifying TMAT (MAIN THEMATIC INNOVATION ETF)

The least correlated asset to TMAT (MAIN THEMATIC INNOVATION ETF) is ETF XCOM (Ultra Communication Services Select Sector ETF). The correlation is -1.

Stocks that lowly correlated with TMAT

SymbolName
Market cap
SectorIndustry
Correlation
APADEnhanced Group Inc - Class A$161MFinancial ServicesShell Companies-0.65
SOLEmeren Group Ltd American Depositary Shares, each representing 10 shares$100MTechnologySolar-0.64
JCAPJefferson Capital Inc$1.06BFinancial ServicesCredit Services-0.58
GLIBAGCI Liberty Inc - Class A$879MCommunication ServicesTelecom Services-0.58
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.56
WSBKWinchester Bancorp Inc$121MFinancial ServicesBanks - Regional-0.53
AVBCAvidia Bancorp Inc$407MFinancial ServicesBanks - Regional-0.52
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.50
MAGHMagnitude International Ltd$230MIndustrialsEngineering & Construction-0.50
APADUA Paradise Acquisition Corp Unit$67MFinancial ServicesShell Companies-0.49
MAMKMaxsMaking Inc - Class A$195MIndustrialsConglomerates-0.48
GLIBKGCI Liberty Inc$877MCommunication ServicesTelecom Services-0.48
JBSJBS N.V. - Class A$13BConsumer DefensivePackaged Foods-0.47
LSBKLake Shore Bancorp Inc$134MFinancial ServicesBanks - Regional-0.46
HBNBHotel101 Global Holdings Corp$1.31BReal EstateReal Estate Services-0.45
UBXGU-BX Technology Ltd$6.42MCommunication ServicesAdvertising Agencies-0.44

ETFs that lowly correlated with TMAT

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
XCOMUltra Communication Services Select Sector ETF$384KN/AJun 2, 2026-1.00
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.92
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.88
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.85
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.84
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.83
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.80
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.80
FIYYGRANITESHARES YIELDBOOST 20Y+ TREASURIES ETF $732K1.07%May 4, 2026-0.79
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.79
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.78
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.77
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.77
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.77
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $35M1.05%Jul 9, 2024-0.74
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.73
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.73
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.72
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.71
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $13MN/AMar 31, 2025-0.70
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.70
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.69
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.69
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.69
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.69
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $16M1.05%May 1, 2024-0.68
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.66
SETHProShares Short Ether ETF$23M0.95%Nov 1, 2023-0.66
ETHDProShares UltraShort Ether ETF$86MN/AJun 6, 2024-0.65
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.65
CONIGRANITESHARES 2X SHORT COIN DAILY ETF $16MN/ASep 4, 2024-0.65
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.65
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.65
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.64
GLDNNICHOLAS GOLD INCOME ETF $2.50M1.07%Feb 17, 2026-0.64
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $16M1.03%Feb 11, 2025-0.63
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.62
QCMDDirexion Daily QCOM Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.62
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.61
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.60
SHRTGOTHAM SHORT STRATEGIES ETF $14M1.35%Jul 31, 2017-0.59
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.59
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.59
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.58
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.57
TSLQTradr 2X Short TSLA Daily ETF$114MN/AJul 13, 2022-0.57
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.56
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.56
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.56
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.56
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.56
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $61MN/AAug 21, 2023-0.55
TSLZT-REX 2X INVERSE TESLA DAILY TARGET ETF $31MN/AOct 18, 2023-0.55
MSFDDIREXION DAILY MSFT BEAR 1X SHARES $11M1.02%Sep 6, 2022-0.54
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $10M1.02%Sep 6, 2022-0.54
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.54
TSDDGRANITESHARES 2X SHORT TSLA DAILY ETF $39MN/AAug 21, 2023-0.53
BTCZT-REX 2X INVERSE BITCOIN DAILY TARGET ETF $30MN/AJul 9, 2024-0.53
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $19M1.01%Sep 12, 2023-0.53
NVDQT-REX 2X INVERSE NVIDIA DAILY TARGET ETF $22MN/AOct 18, 2023-0.53
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.53
PANGLEVERAGE SHARES 2X LONG PANW DAILY ETF $8.90MN/AMar 20, 2025-0.53
PALDDirexion Daily PANW Bear 1X Shares$1.80M1.02%Feb 10, 2025-0.52
BRKUDIREXION DAILY BRKB BULL 2X SHARES $45MN/ADec 10, 2024-0.52
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.52
TSLSDirexion Daily TSLA Bear 1X Shares$66M0.95%Aug 8, 2022-0.52
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.52
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.52
LDRTISHARES IBONDS 1-5 YEAR TREASURY LADDER ETF $132M0.07%Nov 7, 2024-0.51
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.51
SBITProShares UltraShort Bitcoin ETF$219MN/AApr 1, 2024-0.51
BITIProShares Short Bitcoin ETF$144M1.01%Jun 21, 2022-0.51
GXPEGLOBAL X PURECAP MSCI ENERGY ETF $1.20M0.15%Jul 22, 2025-0.51
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.50
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.50
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.49
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.49
XLEISTATE STREET(R) ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF$40M0.35%Jul 29, 2025-0.48
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.47
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.47
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.47
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $14M0.96%Aug 8, 2022-0.46
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.45
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.44