9 Stocks and 91 ETFs for diversifying XSW (STATE STREET(R) SPDR(R) S&P(R) SOFTWARE & SERVICES ETF)
The least correlated asset to XSW (STATE STREET(R) SPDR(R) S&P(R) SOFTWARE & SERVICES ETF) is ETF WEBS (DIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES). The correlation is -0.8951.
Stocks that lowly correlated with XSW
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| WSBK | Winchester Bancorp Inc | $121M | Financial Services | Banks - Regional | -0.68 |
| JBS | JBS N.V. - Class A | $13B | Consumer Defensive | Packaged Foods | -0.56 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.54 |
| FRBN | Forbion European Acquisition Corp - Class A | $343M | Financial Services | Shell Companies | -0.51 |
| APAD | Enhanced Group Inc - Class A | $161M | Financial Services | Shell Companies | -0.51 |
| STBX | Starbox Group Holdings Ltd | $1.14M | Communication Services | Internet Content & Information | -0.51 |
| RNERU | Mount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt) | $125M | N/A | N/A | -0.48 |
| EMA | Emera Incorporated | $16B | Utilities | Utilities - Regulated Electric | -0.47 |
| AMRZ | Amrize Ltd | $28B | Basic Materials | Building Materials | -0.45 |