Overview Holdings Performance Dividends Similar Etfs Correlations

15 Stocks and 85 ETFs for diversifying UMMA (WAHED DOW JONES ISLAMIC WORLD ETF)

The least correlated asset to UMMA (WAHED DOW JONES ISLAMIC WORLD ETF) is ETF EEV (ProShares UltraShort MSCI Emerging Markets -2x Shares). The correlation is -0.9111.

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
RIBBU	Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)	$56M	Financial Services	Shell Companies	-0.62
FLAC	Frazier Lifesciences Acquisition Corp - Class A	$175M	N/A	N/A	-0.59
TMDE	TMD Energy Ltd	$18M	Energy	Oil & Gas Midstream	-0.57
WTGUU	Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)	$20M	Financial Services	Shell Companies	-0.52
CDTG	CDT Environmental Technology Investment Holdings Ltd	$3.77M	Industrials	Waste Management	-0.50
QETAR	Quetta Acquisition Corp	$1.33M	N/A	N/A	-0.48
INHD	Inno Holdings Inc	$9.59M	Basic Materials	Steel	-0.48
CLIK	Click Holdings Ltd	$4.19M	Consumer Cyclical	Personal Services	-0.47
APUS	Apimeds Pharmaceuticals US Inc	$1.82M	Healthcare	Drug Manufacturers - Specialty & Generic	-0.45
PVLA	Palvella Therapeutics Inc	$1.66B	Healthcare	Biotechnology	-0.45
GSRM	Bitcoin Depot Inc - Class A	$54M	N/A	N/A	-0.42
HPAI	Helport AI Ltd	$33M	Technology	Software - Infrastructure	-0.40
NAMI	Jinxin Technology Holding Company	$34M	Communication Services	Internet Content & Information	-0.40
IROHU	CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)	$453M	N/A	N/A	-0.40

ETFs that lowly correlated with UMMA

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
EEV	ProShares UltraShort MSCI Emerging Markets -2x Shares	$6.10M	N/A	Oct 30, 2007	-0.91
EUM	ProShares Short MSCI Emerging Markets -1x Shares	$8.80M	0.95%	Oct 30, 2007	-0.91
EFZ	ProShares Short MSCI EAFE -1X Shares	$16M	0.95%	Oct 23, 2007	-0.90
EFU	ProShares UltraShort MSCI EAFE -2x Shares	$932K	N/A	Oct 23, 2007	-0.89
EPV	ProShares UltraShort FTSE Europe -2X Shares	$14M	N/A	Jun 16, 2009	-0.87
WZRD	Opportunistic Trader ETF	$3.90M	1.00%	Jun 24, 2025	-0.84
MUD	Direxion Daily MU Bear 1X Shares	$27M	1.02%	Oct 9, 2024	-0.82
EWV	ProShares UltraShort MSCI Japan -2x Shares	$7.20M	N/A	Nov 6, 2007	-0.81
TSMZ	DIREXION DAILY TSM BEAR 1X SHARES	$2.70M	1.01%	Oct 2, 2024	-0.80
SDOW	ProShares UltraPro Short Dow30 -3x Shares	$180M	N/A	Feb 9, 2010	-0.78
SH	ProShares Short S&P500 -1x Shares	$1.20B	0.89%	Jun 19, 2006	-0.78
SDS	ProShares UltraShort S&P500 -2x Shares	$443M	N/A	Jul 11, 2006	-0.78
SPDN	DIREXION DAILY S&P 500 (R) BEAR 1X SHARES	$220M	0.48%	Jun 8, 2016	-0.78
DXD	PROSHARES ULTRASHORT DOW30	$51M	N/A	Jul 11, 2006	-0.77
DOG	PROSHARES SHORT DOW30	$111M	0.95%	Jun 19, 2006	-0.77
SJB	PROSHARES SHORT HIGH YIELD	$103M	0.95%	Mar 21, 2011	-0.74
SIJ	ProShares UltraShort Industrials -2x Shares	$6.20M	N/A	Jan 30, 2007	-0.74
HIBS	Direxion Daily S&P 500 High Beta Bear 3X Shares	$19M	N/A	Nov 7, 2019	-0.72
EDZ	DIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES	$37M	N/A	Dec 17, 2008	-0.71
MZZ	PROSHARES ULTRASHORT MIDCAP400	$734K	N/A	Jul 11, 2006	-0.71
MYY	PROSHARES SHORT MIDCAP400	$2.70M	0.95%	Jun 19, 2006	-0.70
PSQ	ProShares Short QQQ -1x Shares	$519M	0.95%	Jun 19, 2006	-0.69
TWM	ProShares UltraShort Russell2000 -2x Shares	$47M	N/A	Jan 23, 2007	-0.69
RWM	PROSHARES SHORT RUSSELL2000	$143M	0.95%	Jan 23, 2007	-0.68
REK	PROSHARES SHORT REAL ESTATE	$12M	0.95%	Mar 16, 2010	-0.67
SRS	ProShares UltraShort Real Estate -2x Shares	$17M	N/A	Jan 30, 2007	-0.67
SMN	ProShares UltraShort Materials	$3.10M	N/A	Jan 30, 2007	-0.66
NFLW	ROUNDHILL NFLX WEEKLYPAY ETF	$16M	N/A	Jun 17, 2025	-0.66
SBB	ProShares Short SmallCap600 -1x Shares	$4.10M	0.95%	Jan 23, 2007	-0.66
UVIX	2x Long VIX Futures ETF	$499M	N/A	Mar 28, 2022	-0.64
DWSH	ADVISORSHARES DORSEY WRIGHT SHORT ETF	$9M	6.22%	Jul 10, 2018	-0.63
SDD	PROSHARES ULTRASHORT SMALLCAP600	$1.60M	N/A	Jan 23, 2007	-0.62
SEF	ProShares Short Financials -1x Shares	$18M	0.95%	Jun 10, 2008	-0.62
YQQQ	YIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF	$14M	1.11%	Aug 14, 2024	-0.61
USDU	WISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND	$396M	0.51%	Dec 18, 2013	-0.60
QBER	TRUESHARES QUARTERLY BEAR HEDGE ETF	$62M	0.79%	Jun 28, 2024	-0.60
SKF	ProShares UltraShort Financials -2x Shares	$16M	N/A	May 23, 2007	-0.60
VIXM	ProShares VIX Mid-Term Futures ETF	$56M	0.92%	Jan 3, 2011	-0.58
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	$37M	0.89%	Jan 17, 2018	-0.58
SZK	ProShares UltraShort Consumer Staples	$4.70M	N/A	Jan 30, 2007	-0.57
REW	ProShares UltraShort Technology -2x Shares	$3.70M	N/A	Jan 30, 2007	-0.56
SMCZ	DEFIANCE DAILY TARGET 2X SHORT SMCI ETF	$4.80M	N/A	Mar 31, 2025	-0.56
AMDD	T-REX 2X INVERSE AMD DAILY TARGET ETF	$21M	1.03%	Feb 11, 2025	-0.55
ZSL	ProShares UltraShort Silver -2x Shares	$145M	N/A	Dec 1, 2008	-0.55
EMTY	ProShares Decline of the Retail Store ETF -1x Shares	$2.90M	0.65%	Nov 14, 2017	-0.54
BNKD	Bank of Montreal	$1.40M	N/A	Feb 20, 2025	-0.54
SCC	ProShares UltraShort Consumer Discretionary	$6.20M	N/A	Jan 30, 2007	-0.54
NVDS	Tradr 1.5X Short NVDA Daily ETF	$23M	N/A	Jul 13, 2022	-0.53
AIBD	DIREXION DAILY AI AND BIG DATA BEAR 2X SHARES	$4.20M	N/A	May 15, 2024	-0.53
SMDD	ProShares UltraPro Short MidCap400 -3x Shares	$1.90M	N/A	Feb 9, 2010	-0.53
TBT	PROSHARES ULTRASHORT 20+ YEAR TREASURY	$296M	N/A	Apr 29, 2008	-0.53
TMV	DIREXION DAILY 20+ YEAR TREASURY BEAR 3X SHARES	$176M	N/A	Apr 16, 2009	-0.53
TTT	ProShares UltraPro Short 20+ Year Treasury -3x Shares	$19M	N/A	Mar 27, 2012	-0.53
TBF	PROSHARES SHORT 20+ YEAR TREASURY	$81M	0.95%	Aug 18, 2009	-0.52
UUP	Invesco DB US Dollar Index Bullish Fund	$352M	0.75%	Feb 20, 2007	-0.52
BIS	ProShares UltraShort Nasdaq Biotechnology -2x Shares	$2.50M	N/A	Apr 6, 2010	-0.52
HDGE	ADVISORSHARES RANGER EQUITY BEAR ETF	$66M	3.62%	Jan 26, 2011	-0.51
LABD	DIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&AMP;P BIOTECH BEAR 3X SHARES	$69M	N/A	May 28, 2015	-0.51
PFIX	SIMPLIFY INTEREST RATE HEDGE ETF	$210M	0.50%	May 10, 2021	-0.51
WEBS	DIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES	$10M	N/A	Nov 7, 2019	-0.49
FXP	ProShares UltraShort FTSE China 50 -2x Shares	$5.60M	N/A	Nov 6, 2007	-0.49
EUO	ProShares UltraShort Euro -2X Shares	$38M	N/A	Nov 24, 2008	-0.48
FNGD	Bank of Montreal	$68M	N/A	Jan 22, 2018	-0.47
RXD	ProShares UltraShort Health Care -2x Shares	$4.90M	N/A	Jan 30, 2007	-0.47
YXI	ProShares Short FTSE China 50 -1x Shares	$4.30M	0.95%	Mar 16, 2010	-0.47
NVD	GRANITESHARES 2X SHORT NVDA DAILY ETF	$75M	N/A	Aug 21, 2023	-0.47
SHRT	GOTHAM SHORT STRATEGIES ETF	$17M	1.35%	Jul 31, 2017	-0.47
CSCS	Direxion Daily CSCO Bear 1X ETF	$1.80M	1.00%	Jun 24, 2025	-0.47
KMLM	KRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF	$307M	0.90%	Dec 1, 2020	-0.47
QQQD	DIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES	$23M	0.50%	Mar 6, 2024	-0.45
PST	PROSHARES ULTRASHORT 7-10 YEAR TREASURY	$11M	N/A	Apr 29, 2008	-0.45
TYO	DIREXION DAILY 7-10 YEAR TREASURY BEAR 3X SHARES	$11M	N/A	Apr 16, 2009	-0.45
METD	DIREXION DAILY META BEAR 1X SHARES	$8.60M	1.02%	Jun 5, 2024	-0.45
TBX	PROSHARES SHORT 7-10 YEAR TREASURY	$18M	0.95%	Apr 4, 2011	-0.44
NVDQ	T-Rex 2X Inverse NVIDIA Daily Target ETF	$36M	N/A	Oct 18, 2023	-0.44
SARK	TRADR 1X SHORT INNOVATION DAILY ETF	$68M	0.92%	Nov 5, 2021	-0.44
NVDD	DIREXION DAILY NVDA BEAR 1X SHARES	$23M	1.01%	Sep 12, 2023	-0.44
RISR	FOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF	$228M	1.04%	Sep 30, 2021	-0.43
AAPD	DIREXION DAILY AAPL BEAR 1X SHARES	$16M	0.96%	Aug 8, 2022	-0.42
QID	PROSHARES ULTRASHORT QQQ	$279M	N/A	Jul 11, 2006	-0.42
DIPS	YIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF	$9.80M	1.05%	Jul 23, 2024	-0.41
AVS	DIREXION DAILY AVGO BEAR 1X SHARES	$6.90M	1.03%	Oct 9, 2024	-0.41
QCMD	Direxion Daily QCOM Bear 1X ETF	$2M	1.00%	Jun 24, 2025	-0.41
YCS	ProShares UltraShort Yen -2x Shares	$28M	N/A	Nov 24, 2008	-0.40
GLL	ProShares UltraShort Gold -2x Shares	$115M	N/A	Dec 1, 2008	-0.40