27 Stocks and 73 ETFs for diversifying XES (STATE STREET(R) SPDR(R) S&P(R) OIL & GAS EQUIPMENT & SERVICES ETF)
The least correlated asset to XES (STATE STREET(R) SPDR(R) S&P(R) OIL & GAS EQUIPMENT & SERVICES ETF) is ETF DUG (ProShares UltraShort Energy). The correlation is -0.8342.
Stocks that lowly correlated with XES
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| HNGE | Hinge Health Inc - Class A | $6.74B | Healthcare | Health Information Services | -0.75 |
| MNTN | MNTN Inc - Class A | $751M | Technology | Software - Application | -0.65 |
| SI | Shoulder Innovations Inc | $452M | N/A | N/A | -0.64 |
| ONCHU | 1RT Acquisition Corp - Units (1 Ord Cls A & 1 War) | $39M | Financial Services | Shell Companies | -0.63 |
| OMDA | Omada Health Inc | $1.41B | Healthcare | Health Information Services | -0.62 |
| TGHL | Growhub Ltd (The) - Class A | $19M | Technology | Software - Infrastructure | -0.61 |
| ELOG | Eastern International Ltd | $9.59M | Industrials | Integrated Freight & Logistics | -0.59 |
| LHAI | Linkhome Holdings Inc | $19M | Real Estate | Real Estate Services | -0.59 |
| CAI | Caris Life Sciences Inc - Class A | $4.94B | Healthcare | Biotechnology | -0.59 |
| EPWK | EPWK Holdings Ltd - Class A | $9.78K | Technology | Software - Application | -0.58 |
| BMHL | Bluemount Holdings Ltd | $146M | Financial Services | Capital Markets | -0.57 |
| ETS | Elite Express Holding Inc - Class A | $13M | Industrials | Trucking | -0.57 |
| TTAN | ServiceTitan Inc - Class A | $7.44B | Technology | Software - Application | -0.57 |
| DGNX | Diginex Ltd | $28M | Industrials | Consulting Services | -0.55 |
| GIBO | GIBO Holdings Ltd | $106M | Communication Services | Internet Content & Information | -0.54 |
| BACC | Blue Acquisition Corp - Class A | $214M | Financial Services | Shell Companies | -0.54 |
| BGM | Qilian International Holding Group Ltd - Class A | $7.45M | Healthcare | Drug Manufacturers - Specialty & Generic | -0.54 |
| LGPS | LogProstyle Inc | $26M | Industrials | Conglomerates | -0.53 |
| TWFG | TWFG Inc - Class A | $380M | Financial Services | Insurance Brokers | -0.52 |
| GRAN | Grande Group Ltd - Class A | $35M | Financial Services | Capital Markets | -0.52 |
| PLBL | Polibeli Group Ltd | $2.84B | Consumer Cyclical | Department Stores | -0.51 |
| FIGXU | FIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War) | $35M | Financial Services | Shell Companies | -0.50 |
| LOAR | Loar Holdings Inc | $6.61B | Industrials | Aerospace & Defense | -0.49 |
| WTG | Wintergreen Acquisition Corp | $58M | Financial Services | Shell Companies | -0.49 |
| IBG | Innovation Beverage Group Ltd | $1.60M | Consumer Defensive | Beverages - Wineries & Distilleries | -0.46 |
| CHA | Chagee Holdings Ltd | $1.84B | Consumer Cyclical | Restaurants | -0.46 |
| ZYBT | Zhengye Biotechnology Holding Ltd | $35M | Healthcare | Drug Manufacturers - Specialty & Generic | -0.45 |