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9 Stocks and 91 ETFs for diversifying VEGA (ADVISORSHARES STAR GLOBAL BUY-WRITE ETF)

The least correlated asset to VEGA (ADVISORSHARES STAR GLOBAL BUY-WRITE ETF) is ETF SH (ProShares Short S&P500 -1x Shares). The correlation is -0.9588.

Stocks that lowly correlated with VEGA

SymbolName
Market cap
SectorIndustry
Correlation
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.65
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.52
PROPPrairie Operating Co. Common Stock$60MEnergyOil & Gas E&p-0.52
CURXCuranex Pharmaceuticals Inc$6.11MHealthcareBiotechnology-0.50
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.48
NYAXNayax Ltd$2.63BTechnologySoftware - Infrastructure-0.46
ASICAtegrity Specialty Holdings LLC$1.08BFinancial ServicesInsurance - Property & Casualty-0.46
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.43
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.41

ETFs that lowly correlated with VEGA

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.96
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.96
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.95
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.91
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.91
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.91
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.90
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.90
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.89
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.89
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.89
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.89
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.88
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.87
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.87
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.87
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.87
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.86
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.86
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.86
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.85
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.85
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.83
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.81
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.81
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.81
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.81
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.81
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.80
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.79
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.79
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.79
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.78
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.77
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.77
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.76
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.76
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.76
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.76
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.75
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.75
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.74
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.74
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.72
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.72
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.71
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.71
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.69
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.68
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.67
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.66
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.65
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.64
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.64
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.63
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.62
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.61
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.61
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $61MN/AAug 21, 2023-0.59
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.58
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.58
NVDQT-REX 2X INVERSE NVIDIA DAILY TARGET ETF $22MN/AOct 18, 2023-0.58
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $16M1.03%Feb 11, 2025-0.57
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $19M1.01%Sep 12, 2023-0.56
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.56
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.56
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.55
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.55
WTIDBank of Montreal$18MN/AFeb 16, 2023-0.54
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.53
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $29MN/AJul 16, 2009-0.53
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $14M0.96%Aug 8, 2022-0.53
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $176M0.50%May 10, 2021-0.52
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.51
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.51
QCMDDirexion Daily QCOM Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.50
SHRTGOTHAM SHORT STRATEGIES ETF $14M1.35%Jul 31, 2017-0.49
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $274M1.04%Sep 30, 2021-0.49
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.48
SDPProShares UltraShort Utilities -2x Shares$3.90MN/AJan 30, 2007-0.48
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $16M1.05%May 1, 2024-0.48
SETHProShares Short Ether ETF$23M0.95%Nov 1, 2023-0.48
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
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $13MN/AMar 31, 2025-0.47
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$895MN/ANov 24, 2008-0.47
OILDBank of Montreal$53MN/ANov 8, 2021-0.45
MSFDDIREXION DAILY MSFT BEAR 1X SHARES $11M1.02%Sep 6, 2022-0.44
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $298M0.90%Dec 1, 2020-0.43
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3.20MN/AJun 16, 2009-0.43
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.43
GXPEGLOBAL X PURECAP MSCI ENERGY ETF $1.20M0.15%Jul 22, 2025-0.42