Skip to main content

Want a detailed portfolio tracker?

24 Stocks and 76 ETFs for diversifying Arista Networks (ANET)

The least correlated asset to Arista Networks (ANET) is ETF TSMZ (DIREXION DAILY TSM BEAR 1X SHARES). The correlation is -0.6767.

Stocks that lowly correlated with ANET

SymbolName
Market cap
SectorIndustry
Correlation
OYSEOyster Enterprises II Acquisition Corp$268MFinancial ServicesShell Companies-0.67
HBNBHotel101 Global Holdings Corp$1.31BReal EstateReal Estate Services-0.65
MAMKMaxsMaking Inc - Class A$195MIndustrialsConglomerates-0.60
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.55
SLDESlide Insurance Holdings Inc$2.32BFinancial ServicesInsurance - Property & Casualty-0.55
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.53
MAGHMagnitude International Ltd$230MIndustrialsEngineering & Construction-0.53
OFSSOOFS Capital Corp$341MN/AN/A-0.53
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.49
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.47
FIGXFIGX Capital Acquisition Corp - Class A$159MFinancial ServicesShell Companies-0.46
MHMcGraw Hill Inc$1.95BConsumer DefensiveEducation & Training Services-0.46
BYAHPark Ha Biological Technology Co Ltd$917KConsumer DefensiveHousehold & Personal Products-0.44
TVAIRThayer Ventures Acquisition Corporation II Rights$166KN/AN/A-0.43
PNSkycorp Solar Group Ltd - Series A$91MTechnologySolar-0.43
NETDUNabors Energy Transition Corp II - Units (1 Ord Class A & 1/2 War)$73MFinancial ServicesShell Companies-0.43
DFSCDEFSEC Technologies Inc Com$3.99MIndustrialsAerospace & Defense-0.42
INACIndigo Acquisition Corp$118MFinancial ServicesShell Companies-0.42
BOWBowhead Specialty Holdings Inc$982MFinancial ServicesInsurance - Property & Casualty-0.42
KCHVKochav Defense Acquisition Corp - Class A$263MFinancial ServicesShell Companies-0.40
BMGLBasel Medical Group Ltd$9.61MHealthcareMedical Care Facilities-0.39
CPSRGelesis Holdings Inc - Class A$1.87BN/AN/A-0.39
FTRKFast Track Group.$9.53MCommunication ServicesEntertainment-0.38
TLIHTen League International Holdings Ltd$17MIndustrialsIndustrial Distribution-0.37

ETFs that lowly correlated with ANET

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.68
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.67
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.65
SETHProShares Short Ether ETF$23M0.95%Nov 1, 2023-0.63
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.63
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.62
ETHDProShares UltraShort Ether ETF$86MN/AJun 6, 2024-0.62
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.61
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.61
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.60
XLEISTATE STREET(R) ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF$40M0.35%Jul 29, 2025-0.60
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.60
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.59
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.59
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.59
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.56
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.54
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.54
BRKUDIREXION DAILY BRKB BULL 2X SHARES $45MN/ADec 10, 2024-0.54
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.54
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $19M1.01%Sep 12, 2023-0.54
NVDQT-REX 2X INVERSE NVIDIA DAILY TARGET ETF $22MN/AOct 18, 2023-0.53
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.53
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.52
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.52
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.52
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.52
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.51
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.51
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.51
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.51
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.50
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.50
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.50
PANGLEVERAGE SHARES 2X LONG PANW DAILY ETF $8.90MN/AMar 20, 2025-0.49
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.49
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.49
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $61MN/AAug 21, 2023-0.49
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.47
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.47
MSFDDIREXION DAILY MSFT BEAR 1X SHARES $11M1.02%Sep 6, 2022-0.46
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.46
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $16M1.05%May 1, 2024-0.46
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.45
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.45
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.45
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.45
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.44
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.44
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.44
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.44
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.43
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.43
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.43
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.43
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.42
GXPEGLOBAL X PURECAP MSCI ENERGY ETF $1.20M0.15%Jul 22, 2025-0.42
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $13MN/AMar 31, 2025-0.42
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.42
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.41
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.41
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.41
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $16M1.03%Feb 11, 2025-0.41
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.40
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.40
ELILDirexion Daily LLY Bull 2X Shares$23MN/AMar 25, 2025-0.40
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.39
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.39
TSLZT-REX 2X INVERSE TESLA DAILY TARGET ETF $31MN/AOct 18, 2023-0.39
TSLQTradr 2X Short TSLA Daily ETF$114MN/AJul 13, 2022-0.39
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $35M1.05%Jul 9, 2024-0.38
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $14M0.96%Aug 8, 2022-0.37
TSDDGRANITESHARES 2X SHORT TSLA DAILY ETF $39MN/AAug 21, 2023-0.37
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.37
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.37
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.37