36 Stocks and 64 ETFs for diversifying UTES (VIRTUS REAVES UTILITIES ETF)
The least correlated asset to UTES (VIRTUS REAVES UTILITIES ETF) is ETF SDP (ProShares UltraShort Utilities -2x Shares). The correlation is -0.8825.
Stocks that lowly correlated with UTES
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| OYSE | Oyster Enterprises II Acquisition Corp | $268M | Financial Services | Shell Companies | -0.80 |
| LION | Lionsgate Studios Corp - New | $3.99B | Financial Services | Shell Companies | -0.70 |
| MH | McGraw Hill Inc | $1.95B | Consumer Defensive | Education & Training Services | -0.61 |
| RAL | RALSTON PURINA CO | $7.56B | Technology | Electronic Components | -0.61 |
| MAGH | Magnitude International Ltd | $230M | Industrials | Engineering & Construction | -0.59 |
| SI | Shoulder Innovations Inc | $452M | N/A | N/A | -0.58 |
| PLBL | Polibeli Group Ltd | $2.84B | Consumer Cyclical | Department Stores | -0.58 |
| HERZ | Herzfeld Credit Income Fund Inc Com | $230M | Financial Services | Asset Management | -0.57 |
| TVAI | Thayer Ventures Acquisition Corporation II | $208M | Financial Services | Shell Companies | -0.56 |
| AKUS | Akouos Inc | $490M | N/A | N/A | -0.55 |
| TLIH | Ten League International Holdings Ltd | $17M | Industrials | Industrial Distribution | -0.52 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.50 |
| QSEA | Quartzsea Acquisition Corp | $87M | Financial Services | Shell Companies | -0.50 |
| HBNB | Hotel101 Global Holdings Corp | $1.31B | Real Estate | Real Estate Services | -0.50 |
| IOTR | iOThree Ltd | $13M | Communication Services | Telecom Services | -0.49 |
| MCTR | CTRL Group Ltd | $15M | Communication Services | Advertising Agencies | -0.46 |
| SOL | Emeren Group Ltd American Depositary Shares, each representing 10 shares | $100M | Technology | Solar | -0.46 |
| NCEW | New Century Logistics (BVI) Ltd | $54M | Industrials | Integrated Freight & Logistics | -0.46 |
| ADVB | Advanced Biomed Inc | $7.21M | Healthcare | Diagnostics & Research | -0.45 |
| AEBI | Aebi Schmidt Holding AG | $971M | Industrials | Farm & Heavy Construction Machinery | -0.45 |
| CHYM | Chime Financial Inc - Class A | $8.43B | Technology | Software - Application | -0.44 |
| WGRX | Wellgistics Health Inc | $6.79M | Healthcare | Pharmaceutical Retailers | -0.43 |
| XHG | XChange TEC.Inc American Depositary Shares | $35B | Financial Services | Insurance Brokers | -0.43 |
| FTRK | Fast Track Group. | $9.53M | Communication Services | Entertainment | -0.43 |
| MAMK | MaxsMaking Inc - Class A | $195M | Industrials | Conglomerates | -0.42 |
| PCLN | Priceline.com Inc | $906M | N/A | N/A | -0.41 |
| HCHL | Happy City Holdings Ltd - Class A | $59M | Consumer Cyclical | Restaurants | -0.41 |
| CV | CapsoVision Inc | $315M | Healthcare | Medical Devices | -0.41 |
| NMAX | Newsmax Inc Class B | $1.09B | Communication Services | Broadcasting | -0.40 |
| GRAN | Grande Group Ltd - Class A | $35M | Financial Services | Capital Markets | -0.39 |
| LINE | Lineage Inc | $9.99B | Real Estate | Reit - Industrial | -0.39 |
| ARX | Accelerant Holdings - Class A | $2.82B | Financial Services | Insurance Brokers | -0.39 |
| CPSR | Gelesis Holdings Inc - Class A | $1.87B | N/A | N/A | -0.39 |
| LSBK | Lake Shore Bancorp Inc | $134M | Financial Services | Banks - Regional | -0.39 |
| NETDU | Nabors Energy Transition Corp II - Units (1 Ord Class A & 1/2 War) | $73M | Financial Services | Shell Companies | -0.39 |
| TJGC | TJGC Group Ltd | $69M | Communication Services | Advertising Agencies | -0.39 |