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30 Stocks and 70 ETFs for diversifying Applied Materials (AMAT)

The least correlated asset to Applied Materials (AMAT) is ETF MUD (Direxion Daily MU Bear 1X Shares). The correlation is -0.7685.

Stocks that lowly correlated with AMAT

SymbolName
Market cap
SectorIndustry
Correlation
MENSJyong Biotech Ltd$174MHealthcareBiotechnology-0.61
WGRXWellgistics Health Inc$6.79MHealthcarePharmaceutical Retailers-0.57
ZYBTZhengye Biotechnology Holding Ltd$35MHealthcareDrug Manufacturers - Specialty & Generic-0.55
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$18MFinancial ServicesShell Companies-0.55
JBSJBS N.V. - Class A$13BConsumer DefensivePackaged Foods-0.55
MLACMountain Lake Acquisition Corp - Class A$43MN/AN/A-0.53
STRCMicrostrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock$29BTechnologySoftware - Application-0.51
DLXYDelixy Holdings Ltd$7.64MEnergyOil & Gas Refining & Marketing-0.50
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.49
EMPGEmpro Group Inc$139MHealthcareMedical Distribution-0.48
LEGTLegato Merger Corp. III$197MFinancial ServicesShell Companies-0.47
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.47
PVLAPalvella Therapeutics Inc$2.18BHealthcareBiotechnology-0.46
CURXCuranex Pharmaceuticals Inc$6.11MHealthcareBiotechnology-0.45
QETARQuetta Acquisition Corp$1.43MN/AN/A-0.45
APADUA Paradise Acquisition Corp Unit$67MFinancial ServicesShell Companies-0.45
AHRAmerican Healthcare REIT Inc$10BReal EstateReit - Healthcare Facilities-0.43
HPAIHelport AI Ltd$21MTechnologySoftware - Infrastructure-0.43
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.42
BLSHBullish$3.80BTechnologySoftware - Infrastructure-0.42
BOWBowhead Specialty Holdings Inc$982MFinancial ServicesInsurance - Property & Casualty-0.41
DAICCID HoldCo Inc$40MTechnologyInformation Technology Services-0.40
FGLFounder Group Ltd$2.30MIndustrialsEngineering & Construction-0.39
MIAXMiami International Holdings Inc$4BFinancial ServicesCapital Markets-0.39
JCAPJefferson Capital Inc$1.06BFinancial ServicesCredit Services-0.38
AMCIAMC Robotics Corp$125MTechnologyComputer Hardware-0.38
DGNXDiginex Ltd$28MIndustrialsConsulting Services-0.38
UCFICN Healthy Food Tech Group Corp$288MConsumer DefensivePackaged Foods-0.38
IROHIron Horse Acquisitions Corp$263MFinancial ServicesShell Companies-0.38
CHARRCharlton Aria Acquisition Corporation Rights$206KN/AN/A-0.38

ETFs that lowly correlated with AMAT

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.77
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.73
NTRLFirst Trust Equity Market Neutral ETF$19M0.95%Feb 4, 2020-0.66
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.63
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.63
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.62
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.62
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.62
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.62
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.62
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.62
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.61
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.61
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.61
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.60
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.60
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.60
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.60
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.59
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.59
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.59
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.57
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.57
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.56
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.56
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.56
PDDLGRANITESHARES 2X LONG PDD DAILY ETF $7.60MN/AJul 14, 2025-0.55
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.55
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.54
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.54
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.53
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.53
LDRTISHARES IBONDS 1-5 YEAR TREASURY LADDER ETF $132M0.07%Nov 7, 2024-0.52
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.52
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.51
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $16M1.03%Feb 11, 2025-0.50
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.50
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.49
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.49
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.48
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.48
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.48
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $13MN/AMar 31, 2025-0.48
LDDRStone Ridge 2035 Term Income ETF$42M0.25%Jan 3, 2025-0.47
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.47
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.46
DVXCWEBs Defined Volatility XLC ETF$229K0.89%Jul 22, 2025-0.45
XLCISTATE STREET(R) COMMUNICATION SERVICES SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R ) COMMUNICATION SERVICES SELECT SECTOR SPDR(R) PREMIUM INCOME ETF$2.10M0.35%Jul 29, 2025-0.45
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.44
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.44
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.44
FPASFPA SHORT DURATION GOVERNMENT ETF $9.90M0.10%Oct 31, 2024-0.44
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.44
OBILF/M US TREASURY 12 MONTH BILL ETF $301M0.15%Nov 14, 2022-0.44
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.43
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.42
GXPCGLOBAL X PURECAP MSCI COMMUNICATION SERVICES ETF $80M0.15%Jul 22, 2025-0.42
CGUICAPITAL GROUP ULTRA SHORT INCOME ETF SHARE CLASS$290M0.18%Jun 25, 2024-0.42
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.42
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.41
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.40
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.40
SHRTGOTHAM SHORT STRATEGIES ETF $14M1.35%Jul 31, 2017-0.40
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.40
CSCSDirexion Daily CSCO Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.39
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.38
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.38
NFXLDIREXION DAILY NFLX BULL 2X SHARES $141MN/AOct 2, 2024-0.38
NFLUT-REX 2X LONG NFLX DAILY TARGET ETF $46MN/ASep 26, 2024-0.38
SSKREX-OSPREY(TM) SOL + STAKING ETF $68M0.75%Jul 1, 2025-0.38