8 Stocks and 92 ETFs for diversifying WEBL (DIREXION DAILY DOW JONES INTERNET BULL 3X SHARES)
The least correlated asset to WEBL (DIREXION DAILY DOW JONES INTERNET BULL 3X SHARES) is ETF WEBS (DIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES). The correlation is -0.9492.
Stocks that lowly correlated with WEBL
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| SOL | Emeren Group Ltd American Depositary Shares, each representing 10 shares | $100M | Technology | Solar | -0.87 |
| WSBK | Winchester Bancorp Inc | $119M | Financial Services | Banks - Regional | -0.64 |
| CHPG | ChampionsGate Acquisition Corp - Class A | $77M | Financial Services | Shell Companies | -0.57 |
| RNERU | Mount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt) | $125M | N/A | N/A | -0.50 |
| UBXG | U-BX Technology Ltd | $37M | Technology | Software - Infrastructure | -0.50 |
| EMA | Emera Incorporated | $16B | Utilities | Utilities - Regulated Electric | -0.47 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.46 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.46 |