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61 Stocks and 39 ETFs for diversifying XLBI (STATE STREET(R) MATERIALS SELECT SECTOR SPDR(R) PREMIUM INCOME ETF)

The least correlated asset to XLBI (STATE STREET(R) MATERIALS SELECT SECTOR SPDR(R) PREMIUM INCOME ETF) is ETF NTRL (First Trust Equity Market Neutral ETF). The correlation is -1.

Stocks that lowly correlated with XLBI

SymbolName
Market cap
SectorIndustry
Correlation
HMSTHomeStreet Inc$262MN/AN/A-1.00
BLDEBlade Air Mobility Inc - Class A$385MN/AN/A-1.00
BASECouchbase Inc$1.34BTechnologySoftware - Infrastructure-1.00
SPTNSpartanNash Company$922MConsumer DefensiveFood Distribution-1.00
HLVXHilleVax Inc$105MHealthcareBiotechnology-0.99
OLOOlo Inc - Class A$1.87BTechnologySoftware - Application-0.98
THTXTheratechnologies Inc$167MHealthcareBiotechnology-0.98
DALNDallasNews Corporation - Class A$88MN/AN/A-0.97
AACIWArmada Acquisition Corp I - Warrants (13/08/2026)$20MN/AN/A-0.95
SKXSkechers U S A Inc - Class A$9.55BConsumer CyclicalFootwear & Accessories-0.95
IROHRCN Healthy Food Tech Group Corp$35MN/AN/A-0.91
OCFTOneconnect Financial Technology Co Ltd$309MTechnologySoftware - Application-0.87
HIHillenbrand, Inc.$2.26BIndustrialsSpecialty Industrial Machinery-0.86
NEUENeueHealth, Inc.$61MHealthcareHealthcare Plans-0.85
ACXPAcurx Pharmaceuticals Inc$5.93MHealthcareBiotechnology-0.78
KOREKore Group Holdings Inc$163MCommunication ServicesTelecom Services-0.77
TPETTrio Petroleum Corp$13MEnergyOil & Gas E&p-0.77
ATXSAstria Therapeutics Inc$710MHealthcareBiotechnology-0.77
MOBXMobix Labs Inc - Class A$20MTechnologySemiconductors-0.76
ASNSActelis Networks Inc$2.02MTechnologyCommunication Equipment-0.76
CDTXCidara Therapeutics Inc$6.49BHealthcareBiotechnology-0.74
FRSXForesight Autonomous Holdings Ltd$5.65MConsumer CyclicalAuto Parts-0.74
AAMAA Mission Acquisition Corp.$368MFinancial ServicesShell Companies-0.73
ATPCAgape ATP Corp$2.52MConsumer DefensivePackaged Foods-0.73
CVRXCVRx Inc$139MHealthcareMedical Devices-0.72
LANVLanvin Group Holdings Ltd - Class A$157MConsumer CyclicalLuxury Goods-0.71
KLTOKlotho Neurosciences Inc Com$64MHealthcareBiotechnology-0.71
EONRHNR Acquisition Corp$21MEnergyOil & Gas E&p-0.70
OPOFOld Point Financial Corp$215MFinancial ServicesBanks - Regional-0.70
SOHOSotherly Hotels Inc$46MReal EstateReit - Hotel & Motel-0.70
GWREGuidewire Software Inc$12BTechnologySoftware - Application-0.70
SHIPSeanergy Maritime Holdings Corp$322MIndustrialsMarine Shipping-0.70
SABRSabre Corp$696MTechnologySoftware - Infrastructure-0.69
ANTXAN2 Therapeutics Inc$168MHealthcareBiotechnology-0.69
THCHTH International Ltd$61MConsumer CyclicalRestaurants-0.69
ROMARoma Green Finance Ltd$438MIndustrialsConsulting Services-0.69
INTUIntuit Inc$77BTechnologySoftware - Application-0.69
DAWNDay One Biopharmaceuticals Inc$2.22BHealthcareBiotechnology-0.69
EDSAEdesa Biotech Inc$61MHealthcareBiotechnology-0.69
GNTYGuaranty Bancshares Inc (TX)$557MN/AN/A-0.68
AIFFWaveDancer Inc$17MTechnologySoftware - Application-0.67
PMVPPMV Pharmaceuticals Inc$75MHealthcareBiotechnology-0.66
RLYBRallybio Corp$85MHealthcareBiotechnology-0.66
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.66
IOTSamsara Inc - Class A$21BTechnologySoftware - Infrastructure-0.66
CVICVR Energy Inc$3.27BEnergyOil & Gas Refining & Marketing-0.66
CLVTClarivate Plc$1.49BTechnologyInformation Technology Services-0.66
PCORProcore Technologies Inc$6.57BTechnologySoftware - Application-0.66
SYBXSynlogic Inc$8.20MHealthcareBiotechnology-0.65
EQVEQV Ventures Acquisition Corp.$466MFinancial ServicesShell Companies-0.65
BANLCBL International Ltd$11MEnergyOil & Gas Midstream-0.64
NETCloudflare Inc - Class A$96BTechnologySoftware - Infrastructure-0.63
ANEBAnebulo Pharmaceuticals, Inc. Common Stock$14MHealthcareBiotechnology-0.63
AMIXAutonomix Medical Inc$2.79MHealthcareMedical Devices-0.63
SLNSilence Therapeutics Plc$494MHealthcareBiotechnology-0.63
NOWServiceNow Inc$108BTechnologySoftware - Application-0.62
EWEdwards Lifesciences Corp$50BHealthcareMedical Devices-0.61
ATHAAthira Pharma Inc$77MHealthcareBiotechnology-0.61
NFLXNetflix Inc$310BCommunication ServicesEntertainment-0.61
RELIReliance Global Group Inc$8.82MFinancial ServicesInsurance Brokers-0.61
VGASVerde Clean Fuels Inc - Class A$9.32MUtilitiesUtilities - Renewable-0.61

ETFs that lowly correlated with XLBI

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
NTRLFirst Trust Equity Market Neutral ETF$19M0.95%Feb 4, 2020-1.00
XCOMUltra Communication Services Select Sector ETF$384KN/AJun 2, 2026-1.00
ONGLeverage Shares 2X Long ON Daily ETF$1.90MN/AJun 1, 2026-1.00
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.93
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.93
CLIMCLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF $1.30M0.90%Mar 11, 2026-0.91
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.87
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.85
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.84
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.84
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.83
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.83
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.80
UUPInvesco DB US Dollar Index Bullish Fund$436M0.75%Feb 20, 2007-0.80
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.78
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.78
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.76
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.75
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.75
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.74
EUOProShares UltraShort Euro -2X Shares$35MN/ANov 24, 2008-0.74
YCSProShares UltraShort Yen -2x Shares$31MN/ANov 24, 2008-0.73
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.71
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.69
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.69
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.68
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.68
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.66
PLTYYieldMax PLTR Option Income Strategy ETF$317M1.07%Oct 7, 2024-0.66
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.66
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.65
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.65
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.64
NOWLGRANITESHARES 2X LONG NOW DAILY ETF $286MN/AJul 14, 2025-0.64
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.64
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.64
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.63
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.61
UNLUnited States 12 Month Natural Gas Fund$17M1.65%Nov 18, 2009-0.61