Skip to main content

Want a detailed portfolio tracker?

30 Stocks and 70 ETFs for diversifying WEEL (PEERLESS OPTION INCOME WHEEL ETF)

The least correlated asset to WEEL (PEERLESS OPTION INCOME WHEEL ETF) is company U.S. Xpress Enterprises (USX). The correlation is -1.

Stocks that lowly correlated with WEEL

SymbolName
Market cap
SectorIndustry
Correlation
USXU.S. Xpress Enterprises Inc - Class A$332MIndustrialsTrucking-1.00
SMTKSmartKem, Inc. Common Stock$4.23MTechnologySemiconductor Equipment & Materials-0.96
GSRMBitcoin Depot Inc - Class A$54MN/AN/A-0.93
PTWOUSBC Medical Group Holdings Inc - Units (1 Ord Class A & 1 War)$1.13BN/AN/A-0.80
TWKSThoughtworks Holding Inc$1.45BN/AN/A-0.72
PLMIUPlum Acquisition Corp I - Units (1 Ord Share Class A & 1/5 War)$232MN/AN/A-0.67
PLMIPlum Acquisition Corp I - Class A$192MN/AN/A-0.67
GATEVISTASHARES TARGET 15 GATE ENDOWMENT DISTRIBUTION ETF $425MFinancial ServicesShell Companies-0.66
GATEUMarblegate Acquisition Corp - Units (1 Ord Share Class A & 1/2 War)$340MFinancial ServicesShell Companies-0.65
NAOVNanoVibronix Inc$15MHealthcareMedical Devices-0.61
OYSEOyster Enterprises II Acquisition Corp$268MFinancial ServicesShell Companies-0.60
PRAProAssurance Corporation$1.29BFinancial ServicesInsurance - Property & Casualty-0.59
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.56
DMDesktop Metal Inc - Class A$165MN/AN/A-0.55
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.54
OPTNOptiNose Inc$112MN/AN/A-0.52
OPOFOld Point Financial Corp$215MFinancial ServicesBanks - Regional-0.52
HFFGHF Foods Group Inc$90MConsumer DefensiveFood Distribution-0.52
VSTAVasta Platform Ltd Class A$394MConsumer DefensiveEducation & Training Services-0.51
MLGOMicroAlgo Inc$31MTechnologySoftware - Infrastructure-0.51
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.50
PSTXPoseida Therapeutics Inc$933MN/AN/A-0.50
PDEXPro-Dex Inc (co)$181MHealthcareMedical Instruments & Supplies-0.50
KCHVKochav Defense Acquisition Corp - Class A$263MFinancial ServicesShell Companies-0.50
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.49
AACIWArmada Acquisition Corp I - Warrants (13/08/2026)$20MN/AN/A-0.49
CPSRGelesis Holdings Inc - Class A$1.87BN/AN/A-0.47
VNMEUVendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War)$52MFinancial ServicesShell Companies-0.47
GDSTRGoldenstone Acquisition Ltd$160KN/AN/A-0.47
BMGLBasel Medical Group Ltd$9.61MHealthcareMedical Care Facilities-0.46

ETFs that lowly correlated with WEEL

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.87
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.87
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.86
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.83
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.82
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.82
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.81
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.81
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.81
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.80
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.80
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.78
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.77
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.76
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.75
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.74
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.74
FIYYGRANITESHARES YIELDBOOST 20Y+ TREASURIES ETF $732K1.07%May 4, 2026-0.74
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.74
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.73
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.72
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.71
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.71
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.71
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.71
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.70
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.69
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.68
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.68
CLIMCLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF $1.30M0.90%Mar 11, 2026-0.66
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.66
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.66
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.65
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.64
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.64
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.64
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.62
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $10M1.02%Sep 6, 2022-0.61
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.61
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.61
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $19M1.01%Sep 12, 2023-0.61
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.61
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.59
NVDQT-REX 2X INVERSE NVIDIA DAILY TARGET ETF $22MN/AOct 18, 2023-0.59
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $61MN/AAug 21, 2023-0.59
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.59
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.58
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.58
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.57
MSFDDIREXION DAILY MSFT BEAR 1X SHARES $11M1.02%Sep 6, 2022-0.57
CAOSALPHA ARCHITECT TAIL RISK ETF $705M0.63%Aug 14, 2013-0.56
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.55
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.54
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, 2025-0.53
IBICISHARES IBONDS OCT 2026 TERM TIPS ETF $86M0.10%Sep 13, 2023-0.52
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.52
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.52
GGLSDirexion Daily GOOGL Bear 1X ETF$13M1.02%Sep 6, 2022-0.51
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.51
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.51
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.51
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.50
SETHProShares Short Ether ETF$23M0.95%Nov 1, 2023-0.50
BRKUDIREXION DAILY BRKB BULL 2X SHARES $45MN/ADec 10, 2024-0.49
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.49
ETHDProShares UltraShort Ether ETF$86MN/AJun 6, 2024-0.49
PANGLEVERAGE SHARES 2X LONG PANW DAILY ETF $8.90MN/AMar 20, 2025-0.49
GXPEGLOBAL X PURECAP MSCI ENERGY ETF $1.20M0.15%Jul 22, 2025-0.48
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.48
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.47