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15 Stocks and 85 ETFs for diversifying Amazon.com (AMZN)

The least correlated asset to Amazon.com (AMZN) is ETF AMZD (DIREXION DAILY AMZN BEAR 1X SHARES). The correlation is -0.9748.

Stocks that lowly correlated with AMZN

SymbolName
Market cap
SectorIndustry
Correlation
LCCCRLakeshore Acquisition III Corp$349KN/AN/A-0.74
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.56
WSBKWinchester Bancorp Inc$121MFinancial ServicesBanks - Regional-0.52
GTERUGloba Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts)$53MFinancial ServicesShell Companies-0.51
AMRZAmrize Ltd$28BBasic MaterialsBuilding Materials-0.49
IPODUDune Acquisition Corp II - Units (1 Ord Cls A & 1 War)$156MFinancial ServicesShell Companies-0.47
LNKSLinkers Industries Ltd - Class A$16MIndustrialsElectrical Equipment & Parts-0.46
UBXGU-BX Technology Ltd$6.42MCommunication ServicesAdvertising Agencies-0.46
PMIPicard Medical Inc$11MHealthcareMedical Devices-0.45
VNMEUVendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War)$52MFinancial ServicesShell Companies-0.44
SDHIRSiddhi Acquisition Corp$1.13MN/AN/A-0.43
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.42
LINELineage Inc$9.99BReal EstateReit - Industrial-0.42
SZZLRSizzle Acquisition Corp II$1.47MN/AN/A-0.40
CCIICohen Circle Acquisition Corp II - Class A$269MFinancial ServicesShell Companies-0.39

ETFs that lowly correlated with AMZN

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $10M1.02%Sep 6, 2022-0.97
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.80
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.79
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.74
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.74
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.73
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.72
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.67
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.67
ETHDProShares UltraShort Ether ETF$86MN/AJun 6, 2024-0.67
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.66
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.65
SETHProShares Short Ether ETF$23M0.95%Nov 1, 2023-0.63
BTCZT-REX 2X INVERSE BITCOIN DAILY TARGET ETF $30MN/AJul 9, 2024-0.62
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $35M1.05%Jul 9, 2024-0.61
SBITProShares UltraShort Bitcoin ETF$219MN/AApr 1, 2024-0.61
GGLSDirexion Daily GOOGL Bear 1X ETF$13M1.02%Sep 6, 2022-0.60
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.60
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.60
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.60
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.59
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.59
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.58
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $16M1.05%May 1, 2024-0.57
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $16M1.03%Feb 11, 2025-0.57
MSFDDIREXION DAILY MSFT BEAR 1X SHARES $11M1.02%Sep 6, 2022-0.56
LDDRStone Ridge 2035 Term Income ETF$42M0.25%Jan 3, 2025-0.55
CONIGRANITESHARES 2X SHORT COIN DAILY ETF $16MN/ASep 4, 2024-0.55
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.55
BITIProShares Short Bitcoin ETF$144M1.01%Jun 21, 2022-0.54
BRKUDIREXION DAILY BRKB BULL 2X SHARES $45MN/ADec 10, 2024-0.53
FPASFPA SHORT DURATION GOVERNMENT ETF $9.90M0.10%Oct 31, 2024-0.53
NVDQT-REX 2X INVERSE NVIDIA DAILY TARGET ETF $22MN/AOct 18, 2023-0.51
LDRTISHARES IBONDS 1-5 YEAR TREASURY LADDER ETF $132M0.07%Nov 7, 2024-0.51
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $19M1.01%Sep 12, 2023-0.50
LMTLDirexion Daily LMT Bull 2X ETF$8.40MN/AAug 5, 2025-0.49
LFBEStone Ridge 2065 Longevity Income ETF$3.20M0.25%Jan 3, 2025-0.49
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.49
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $61MN/AAug 21, 2023-0.47
RIFRRUSSELL INVESTMENTS GLOBAL INFRASTRUCTURE ETF $43M0.59%May 13, 2025-0.47
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.47
HECAHEDGEYE CAPITAL ALLOCATION ETF $312M1.30%Jun 30, 2025-0.47
RTXGLeverage Shares 2X Long RTX Daily ETF$4.50MN/AJun 5, 2025-0.46
LFDRStone Ridge Durable Income ETF$860K0.25%Jan 9, 2024-0.46
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.46
TSLQTradr 2X Short TSLA Daily ETF$114MN/AJul 13, 2022-0.45
IBGLISHARES IBONDS DEC 2055 TERM TREASURY ETF $6M0.07%Mar 25, 2025-0.45
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.45
WNTRYieldMax Short MSTR Option Income Strategy ETF$81M1.00%Mar 26, 2025-0.45
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.45
IBTPISHARES IBONDS DEC 2034 TERM TREASURY ETF $277M0.07%Jun 11, 2024-0.44
BOXAALPHA ARCHITECT AGGREGATE BOND ETF $15M0.23%Dec 17, 2024-0.44
TSLSDirexion Daily TSLA Bear 1X Shares$66M0.95%Aug 8, 2022-0.44
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.44
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.44
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.44
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.44
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.43
USINWISDOMTREE 7-10 YEAR LADDERED TREASURY FUND $5M0.15%Mar 12, 2024-0.43
SPTBSTATE STREET(R) SPDR(R) PORTFOLIO TREASURY ETF $286M0.03%May 20, 2024-0.43
MLDRGLOBAL X INTERMEDIATE-TERM TREASURY LADDER ETF $8.80M0.12%Sep 9, 2024-0.43
DIVNHORIZON DIVIDEND INCOME ETF $191M0.70%Jun 25, 2025-0.43
DVUTWEBS Defined Volatility XLU ETF$273K0.89%Jul 22, 2025-0.43
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.42
BILTiShares Infrastructure Active ETF$32M0.60%Jul 29, 2025-0.42
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.42
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.42
LFAILifeX 2050 Longevity Income ETF$4.50M0.25%Jan 8, 2024-0.42
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.41
IBGKISHARES IBONDS DEC 2054 TERM TREASURY ETF $5.80M0.07%Jun 11, 2024-0.41
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.41
BLTDBLUEMONTE LONG TERM BOND ETF $166M0.23%Jun 20, 2025-0.41
LFAOLifeX 2055 Longevity Income ETF$5M0.25%Jan 8, 2024-0.41
IBGAISHARES IBONDS DEC 2044 TERM TREASURY ETF $101M0.07%Jun 11, 2024-0.40
BDBTBLUEMONTE CORE BOND ETF $480M0.23%Jun 20, 2025-0.40
EDGF3EDGE DYNAMIC FIXED INCOME ETF $479M0.79%Oct 2, 2024-0.40
TLTXGLOBAL X TREASURY BOND ENHANCED INCOME ETF $14M0.29%Jul 15, 2025-0.40
LFAWLifeX 2060 Longevity Income ETF$3.80M0.25%Jan 8, 2024-0.39
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.39
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.39
AUSMAllspring Ultra Short Municipal ETF$31M0.18%Jul 7, 2025-0.39
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.39
IBTQISHARES IBONDS DEC 2035 TERM TREASURY ETF $236M0.07%Mar 25, 2025-0.39
TSLZT-REX 2X INVERSE TESLA DAILY TARGET ETF $31MN/AOct 18, 2023-0.39
SHRTGOTHAM SHORT STRATEGIES ETF $14M1.35%Jul 31, 2017-0.39