19 Stocks and 81 ETFs for diversifying UMMA (WAHED DOW JONES ISLAMIC WORLD ETF)
The least correlated asset to UMMA (WAHED DOW JONES ISLAMIC WORLD ETF) is ETF XCOM (Ultra Communication Services Select Sector ETF). The correlation is -1.
Stocks that lowly correlated with UMMA
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| VCKAU | Scilex Holding Company - Units (1 Ord & 1/2 War) | $37M | N/A | N/A | -0.64 |
| FLAC | Frazier Lifesciences Acquisition Corp - Class A | $175M | N/A | N/A | -0.59 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.55 |
| PLBL | Polibeli Group Ltd | $2.84B | Consumer Cyclical | Department Stores | -0.55 |
| LHAI | Linkhome Holdings Inc | $19M | Real Estate | Real Estate Services | -0.54 |
| QETAR | Quetta Acquisition Corp | $1.43M | N/A | N/A | -0.50 |
| APAD | Enhanced Group Inc - Class A | $161M | Financial Services | Shell Companies | -0.48 |
| PVLA | Palvella Therapeutics Inc | $2.18B | Healthcare | Biotechnology | -0.48 |
| NIQ | NIQ Global Intelligence plc | $3.24B | N/A | N/A | -0.47 |
| APADU | A Paradise Acquisition Corp Unit | $67M | Financial Services | Shell Companies | -0.46 |
| CDTG | CDT Environmental Technology Investment Holdings Ltd | $3.77M | Industrials | Waste Management | -0.46 |
| ASIC | Ategrity Specialty Holdings LLC | $1.08B | Financial Services | Insurance - Property & Casualty | -0.45 |
| AII | American Integrity Insurance Group Inc | $358M | Financial Services | Insurance - Property & Casualty | -0.45 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.44 |
| LMNX | Luminex Corp | $620M | N/A | N/A | -0.44 |
| JCAP | Jefferson Capital Inc | $1.06B | Financial Services | Credit Services | -0.43 |
| CURX | Curanex Pharmaceuticals Inc | $6.11M | Healthcare | Biotechnology | -0.43 |
| LGPS | LogProstyle Inc | $26M | Industrials | Conglomerates | -0.43 |
| MH | McGraw Hill Inc | $1.95B | Consumer Defensive | Education & Training Services | -0.41 |