30 Stocks and 70 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 -0.8841.
Stocks that lowly correlated with UTES
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| LION | Lionsgate Studios Corp - New | $3.99B | Financial Services | Shell Companies | -0.74 |
| RAL | Ralliant Corporation | $6.99B | N/A | N/A | -0.62 |
| AKUS | Akouos Inc | $490M | N/A | N/A | -0.55 |
| HBNB | Hotel101 Global Holdings Corp | $1.36B | Real Estate | Real Estate Services | -0.53 |
| QSEA | Quartzsea Acquisition Corp | $87M | Financial Services | Shell Companies | -0.51 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.51 |
| CGCT | Cartesian Growth Corp III - Class A | $283M | Financial Services | Shell Companies | -0.49 |
| ADVB | Advanced Biomed Inc | $5.36M | Healthcare | Diagnostics & Research | -0.48 |
| CHYM | Chime Financial Inc - Class A | $6.59B | Technology | Software - Application | -0.48 |
| SOL | Emeren Group Ltd American Depositary Shares, each representing 10 shares | $100M | Technology | Solar | -0.47 |
| MCTR | CTRL Group Ltd | $15M | Communication Services | Advertising Agencies | -0.46 |
| IOTR | iOThree Ltd | $5.23M | Communication Services | Telecom Services | -0.46 |
| NCEW | New Century Logistics (BVI) Ltd | $58M | Industrials | Integrated Freight & Logistics | -0.46 |
| WGRX | Wellgistics Health Inc | $7.55M | Healthcare | Pharmaceutical Retailers | -0.45 |
| SLDE | Slide Insurance Holdings Inc | $2.20B | Financial Services | Insurance - Property & Casualty | -0.45 |
| XHG | XChange TEC.Inc American Depositary Shares | $35B | Financial Services | Insurance Brokers | -0.42 |
| ASIC | Ategrity Specialty Holdings LLC | $969M | Financial Services | Insurance - Property & Casualty | -0.42 |
| FTRK | Fast Track Group. | $8.26M | Communication Services | Entertainment | -0.42 |
| NETDU | Nabors Energy Transition Corp II - Units (1 Ord Class A & 1/2 War) | $73M | Financial Services | Shell Companies | -0.41 |
| TJGC | TJGC Group Ltd | $101M | Communication Services | Advertising Agencies | -0.40 |
| CPSR | Gelesis Holdings Inc - Class A | $1.87B | N/A | N/A | -0.39 |
| HCAI | Huachen AI Parking Management Technology Holding Co. Ltd | $13M | Industrials | Farm & Heavy Construction Machinery | -0.39 |
| SHMD | SCHMID Group N.V. - Class A | $300M | Industrials | Specialty Industrial Machinery | -0.39 |
| NMAX | Newsmax Inc Class B | $1B | Communication Services | Broadcasting | -0.39 |
| HCHL | Happy City Holdings Ltd - Class A | $59M | Consumer Cyclical | Restaurants | -0.39 |
| BOW | Bowhead Specialty Holdings Inc | $886M | Financial Services | Insurance - Property & Casualty | -0.38 |
| LINE | Lineage Inc | $9.85B | Real Estate | Reit - Industrial | -0.37 |
| SHLT | SHL Telemedicine Ltd ADR | $39M | Healthcare | Health Information Services | -0.37 |
| SCAG | Scage Future | $38M | Industrials | Farm & Heavy Construction Machinery | -0.37 |
| PCLN | Priceline.com Inc | $906M | N/A | N/A | -0.37 |