19 Stocks and 81 ETFs for diversifying XES (SPDR(R) S&P(R) OIL & GAS EQUIPMENT & SERVICES ETF)
The least correlated asset to XES (SPDR(R) S&P(R) OIL & GAS EQUIPMENT & SERVICES ETF) is ETF DUG (ProShares UltraShort Energy). The correlation is -0.8333.
Stocks that lowly correlated with XES
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| CAI | Caris Life Sciences Inc - Class A | $4.35B | Healthcare | Biotechnology | -0.70 |
| MENS | Jyong Biotech Ltd | $164M | Healthcare | Biotechnology | -0.64 |
| DGNX | Diginex Ltd | $31M | Industrials | Consulting Services | -0.61 |
| HNGE | Hinge Health Inc - Class A | $4.21B | Healthcare | Health Information Services | -0.61 |
| EPWK | EPWK Holdings Ltd - Class A | $9.78K | Technology | Software - Application | -0.56 |
| OTF | Blue Owl Technology Finance Corp | $4.94B | Financial Services | Asset Management | -0.53 |
| ZYBT | Zhengye Biotechnology Holding Ltd | $41M | Healthcare | Drug Manufacturers - Specialty & Generic | -0.53 |
| ELPW | Elong Power Holding Ltd | $645K | Industrials | Electrical Equipment & Parts | -0.52 |
| BGM | Qilian International Holding Group Ltd - Class A | $7.45M | Healthcare | Drug Manufacturers - Specialty & Generic | -0.52 |
| TTAN | ServiceTitan Inc - Class A | $5.85B | Technology | Software - Application | -0.50 |
| WGRX | Wellgistics Health Inc | $7.55M | Healthcare | Pharmaceutical Retailers | -0.50 |
| OMDA | Omada Health Inc | $975M | Healthcare | Health Information Services | -0.50 |
| HONDW | HCM II Acquisition Corp. Warrant | $202M | N/A | N/A | -0.49 |
| LGPS | LogProstyle Inc | $16M | Industrials | Conglomerates | -0.46 |
| BYAH | Park Ha Biological Technology Co Ltd | $917K | Consumer Defensive | Household & Personal Products | -0.46 |
| TWFG | TWFG Inc - Class A | $275M | Financial Services | Insurance Brokers | -0.45 |
| WETO | Webus International Ltd | $11M | Technology | Software - Infrastructure | -0.44 |
| LOAR | Loar Holdings Inc | $5.82B | Industrials | Aerospace & Defense | -0.44 |
| MNTN | MNTN Inc - Class A | $653M | Technology | Software - Application | -0.43 |