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24 Stocks and 76 ETFs for diversifying Air Lease (AL)

The least correlated asset to Air Lease (AL) is ETF DWSH (ADVISORSHARES DORSEY WRIGHT SHORT ETF). The correlation is -0.7905.

Stocks that lowly correlated with AL

SymbolName
Market cap
SectorIndustry
Correlation
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.78
JEM707 Cayman Holdings Ltd$1.99MConsumer CyclicalApparel Retail-0.72
CRAQCal Redwood Acquisition Corp$320MFinancial ServicesShell Companies-0.72
IPCXInflection Point Acquisition Corp III - Class A$261MFinancial ServicesShell Companies-0.71
IOTRiOThree Ltd$5.23MCommunication ServicesTelecom Services-0.64
BULLWebull Corporation$2.47BTechnologySoftware - Application-0.55
TACHTitan Acquisition Corp - Class A$286MFinancial ServicesShell Companies-0.55
FACTUFACT II Acquisition Corp - Units (1 Ord Class A & 1/2 War)$56MFinancial ServicesShell Companies-0.55
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.53
LINELineage Inc$9.85BReal EstateReit - Industrial-0.49
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.47
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.45
TWODTwo Harbors Investment Corp$2.67BN/AN/A-0.45
GSHRGesher Acquisition Corp II - Class A$155MFinancial ServicesShell Companies-0.44
UYSCUY Scuti Acquisition Corp$73MFinancial ServicesShell Companies-0.43
LCCCLakeshore Acquisition III Corp$72MFinancial ServicesShell Companies-0.42
AOMDAngel Oak Mortgage REIT Inc$622MN/AN/A-0.42
BMGLBasel Medical Group Ltd$11MHealthcareMedical Care Facilities-0.41
PXDTPixie Dust Technologies Inc$8.62MTechnologyConsumer Electronics-0.41
CHPGChampionsGate Acquisition Corp - Class A$77MFinancial ServicesShell Companies-0.41
DYCQRDT Cloud Acquisition Corp$474KN/AN/A-0.39
PROPPrairie Operating Co. Common Stock$81MEnergyOil & Gas E&p-0.38
NCEWNew Century Logistics (BVI) Ltd$58MIndustrialsIntegrated Freight & Logistics-0.36
FLACFrazier Lifesciences Acquisition Corp - Class A$175MN/AN/A-0.36

ETFs that lowly correlated with AL

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.79
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.79
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.78
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.78
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.77
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.76
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.75
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.75
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.75
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.74
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.74
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.73
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.72
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.71
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.71
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.70
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.69
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.69
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.69
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.68
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.67
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.67
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.66
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.65
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.65
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.64
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.64
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.63
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.63
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.63
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.62
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.59
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.58
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $40MN/ANov 6, 2008-0.58
WTIDBank of Montreal$6.60MN/AFeb 16, 2023-0.57
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $19M1.05%May 1, 2024-0.55
OILDBank of Montreal$19MN/ANov 8, 2021-0.55
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.54
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.54
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.53
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.53
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.20MN/AMay 15, 2024-0.53
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.53
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $39M1.05%Jul 9, 2024-0.52
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.52
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.51
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.51
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.51
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.50
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.50
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.50
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.49
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.49
SETHProShares Short Ether ETF$16M0.95%Nov 1, 2023-0.48
NFXSDIREXION DAILY NFLX BEAR 1X SHARES $5M1.03%Oct 2, 2024-0.48
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $23M0.50%Mar 6, 2024-0.47
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $14M1.11%Aug 14, 2024-0.47
ETHDProShares UltraShort Ether ETF$84MN/AJun 6, 2024-0.47
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.46
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.46
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$1.10BN/ANov 24, 2008-0.46
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.45
USSHWISDOMTREE 1-3 YEAR LADDERED TREASURY FUND $23M0.15%Mar 12, 2024-0.45
ZMAYInnovator Equity Defined Protection ETF 1 Yr May$34M0.79%Apr 30, 2025-0.44
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $9.80M1.05%Jul 23, 2024-0.42
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.41
AVSDIREXION DAILY AVGO BEAR 1X SHARES $6.90M1.03%Oct 9, 2024-0.41
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3MN/AJun 16, 2009-0.41
CONIGRANITESHARES 2X SHORT COIN DAILY ETF $17MN/ASep 4, 2024-0.41
PLTDT-REX 2X INVERSE PLTR DAILY TARGET ETF $29M0.98%Dec 10, 2024-0.39
QIDPROSHARES ULTRASHORT QQQ $279MN/AJul 11, 2006-0.38
JUCYAPTUS ENHANCED YIELD ETF $234M0.60%Oct 31, 2022-0.38
LDRHISHARES IBONDS 1-5 YEAR HIGH YIELD AND INCOME LADDER ETF $7.90M0.35%Nov 7, 2024-0.37
METDDIREXION DAILY META BEAR 1X SHARES $8.60M1.02%Jun 5, 2024-0.36
NVDSTradr 1.5X Short NVDA Daily ETF$23MN/AJul 13, 2022-0.36
PALDDirexion Daily PANW Bear 1X Shares$2.40M1.02%Feb 10, 2025-0.36