Overview Performance Dividends Metrics Financials ETFs Industry Correlations

17 Stocks and 83 ETFs for diversifying Ares Management (ARES)

The least correlated asset to Ares Management (ARES) is ETF RFIX (Simplify Downside Interest Rate Hedge Strategy ETF). The correlation is -0.8038.

Stocks that lowly correlated with ARES

Symbol	Name	Market cap	Sector	Industry	Correlation
HOND	HCM II Acquisition Corp. Class A Ordinary Shares	$519M	Financial Services	Shell Companies	-0.55
TMDE	TMD Energy Ltd	$18M	Energy	Oil & Gas Midstream	-0.52
RDAG	Republic Digital Acquisition Co. - Class A	$310M	Financial Services	Shell Companies	-0.50
WSBK	Winchester Bancorp Inc	$119M	Financial Services	Banks - Regional	-0.50
SZZLR	Sizzle Acquisition Corp II	$1.07M	N/A	N/A	-0.50
EMA	Emera Incorporated	$16B	Utilities	Utilities - Regulated Electric	-0.50
STBX	Starbox Group Holdings Ltd	$1.14M	Communication Services	Internet Content & Information	-0.49
WTF	Waton Financial Ltd	$141M	Financial Services	Capital Markets	-0.48
FRBN	Forbion European Acquisition Corp - Class A	$343M	Financial Services	Shell Companies	-0.45
GIGGU	GigCapital7 Corp - Units (1 Ord Class A & 1 War)	$2.83B	Financial Services	Shell Companies	-0.45
HYAC-U	Haymaker Acquisition Corp 4 - Units (1 Ord Class A & 1/2 War)	$65M	N/A	N/A	-0.45
RIBBU	Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)	$56M	Financial Services	Shell Companies	-0.44
AII	American Integrity Insurance Group Inc	$328M	Financial Services	Insurance - Property & Casualty	-0.43
DAAQ	Digital Asset Acquisition Corp - Class A	$178M	Financial Services	Shell Companies	-0.42
NCI	Neo Concept International Group Holdings Ltd	$22M	Consumer Cyclical	Apparel Manufacturing	-0.42
RFAI	RF Acquisition Corp II	$116M	Financial Services	Shell Companies	-0.41
NEE-P-T	NextEra Energy Inc 7.234 Corporate Units	$105B	N/A	N/A	-0.41

ETFs that lowly correlated with ARES

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
RFIX	Simplify Downside Interest Rate Hedge Strategy ETF	$56M	0.50%	Dec 9, 2024	-0.80
YQQQ	YIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF	$14M	1.11%	Aug 14, 2024	-0.75
TNGY	TORTOISE ENERGY ETF	$600M	0.85%	Dec 27, 2010	-0.70
QQQD	DIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES	$23M	0.50%	Mar 6, 2024	-0.68
WEBS	DIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES	$10M	N/A	Nov 7, 2019	-0.67
AIBD	DIREXION DAILY AI AND BIG DATA BEAR 2X SHARES	$4.20M	N/A	May 15, 2024	-0.65
SH	ProShares Short S&P500 -1x Shares	$1.20B	0.89%	Jun 19, 2006	-0.65
SPDN	DIREXION DAILY S&P 500 (R) BEAR 1X SHARES	$220M	0.48%	Jun 8, 2016	-0.65
SCC	ProShares UltraShort Consumer Discretionary	$6.20M	N/A	Jan 30, 2007	-0.64
SDS	ProShares UltraShort S&P500 -2x Shares	$443M	N/A	Jul 11, 2006	-0.64
UVIX	2x Long VIX Futures ETF	$499M	N/A	Mar 28, 2022	-0.64
PSQ	ProShares Short QQQ -1x Shares	$519M	0.95%	Jun 19, 2006	-0.63
SEF	ProShares Short Financials -1x Shares	$18M	0.95%	Jun 10, 2008	-0.63
SKF	ProShares UltraShort Financials -2x Shares	$16M	N/A	May 23, 2007	-0.63
XOMX	Direxion Daily XOM Bull 2X Shares	$7.90M	N/A	Apr 22, 2025	-0.62
HDGE	ADVISORSHARES RANGER EQUITY BEAR ETF	$66M	3.62%	Jan 26, 2011	-0.62
HIBS	Direxion Daily S&P 500 High Beta Bear 3X Shares	$19M	N/A	Nov 7, 2019	-0.61
AVS	DIREXION DAILY AVGO BEAR 1X SHARES	$6.90M	1.03%	Oct 9, 2024	-0.59
MZZ	PROSHARES ULTRASHORT MIDCAP400	$734K	N/A	Jul 11, 2006	-0.59
MYY	PROSHARES SHORT MIDCAP400	$2.70M	0.95%	Jun 19, 2006	-0.59
TAIL	CAMBRIA TAIL RISK ETF	$157M	0.59%	Apr 5, 2017	-0.59
DOG	PROSHARES SHORT DOW30	$111M	0.95%	Jun 19, 2006	-0.59
RWM	PROSHARES SHORT RUSSELL2000	$143M	0.95%	Jan 23, 2007	-0.58
BNKD	Bank of Montreal	$1.40M	N/A	Feb 20, 2025	-0.58
DXD	PROSHARES ULTRASHORT DOW30	$51M	N/A	Jul 11, 2006	-0.58
LFAW	LifeX 2060 Longevity Income ETF	$3.40M	0.25%	Jan 8, 2024	-0.58
DIPS	YIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF	$9.80M	1.05%	Jul 23, 2024	-0.57
SMDD	ProShares UltraPro Short MidCap400 -3x Shares	$1.90M	N/A	Feb 9, 2010	-0.57
LFBE	Stone Ridge 2065 Longevity Income ETF	$3.20M	0.25%	Jan 3, 2025	-0.57
LFDR	Stone Ridge Durable Income ETF	$855K	0.25%	Jan 9, 2024	-0.57
LFAO	LifeX 2055 Longevity Income ETF	$4.30M	0.25%	Jan 8, 2024	-0.56
TWM	ProShares UltraShort Russell2000 -2x Shares	$47M	N/A	Jan 23, 2007	-0.56
REW	ProShares UltraShort Technology -2x Shares	$3.70M	N/A	Jan 30, 2007	-0.56
QCMD	Direxion Daily QCOM Bear 1X ETF	$2M	1.00%	Jun 24, 2025	-0.56
LFAI	LifeX 2050 Longevity Income ETF	$4.50M	0.25%	Jan 8, 2024	-0.55
QID	PROSHARES ULTRASHORT QQQ	$279M	N/A	Jul 11, 2006	-0.55
ETHD	ProShares UltraShort Ether ETF	$84M	N/A	Jun 6, 2024	-0.55
DWSH	ADVISORSHARES DORSEY WRIGHT SHORT ETF	$9M	6.22%	Jul 10, 2018	-0.55
SBB	ProShares Short SmallCap600 -1x Shares	$4.10M	0.95%	Jan 23, 2007	-0.55
SIJ	ProShares UltraShort Industrials -2x Shares	$6.20M	N/A	Jan 30, 2007	-0.55
QBER	TRUESHARES QUARTERLY BEAR HEDGE ETF	$62M	0.79%	Jun 28, 2024	-0.54
SARK	TRADR 1X SHORT INNOVATION DAILY ETF	$68M	0.92%	Nov 5, 2021	-0.54
LLDR	GLOBAL X LONG-TERM TREASURY LADDER ETF	$35M	0.12%	Sep 9, 2024	-0.54
SDOW	ProShares UltraPro Short Dow30 -3x Shares	$180M	N/A	Feb 9, 2010	-0.54
SDD	PROSHARES ULTRASHORT SMALLCAP600	$1.60M	N/A	Jan 23, 2007	-0.54
SETH	ProShares Short Ether ETF	$16M	0.95%	Nov 1, 2023	-0.53
METD	DIREXION DAILY META BEAR 1X SHARES	$8.60M	1.02%	Jun 5, 2024	-0.52
BTCZ	T-REX 2X INVERSE BITCOIN DAILY TARGET ETF	$26M	N/A	Jul 9, 2024	-0.52
SJB	PROSHARES SHORT HIGH YIELD	$103M	0.95%	Mar 21, 2011	-0.52
TLTI	NEOS ENHANCED INCOME 20+ YEAR TREASURY BOND ETF	$13M	0.58%	Dec 10, 2024	-0.51
FNGD	Bank of Montreal	$68M	N/A	Jan 22, 2018	-0.51
RSBY	RETURN STACKED(R) BONDS & FUTURES YIELD ETF	$78M	1.01%	Aug 20, 2024	-0.51
SBIT	ProShares UltraShort Bitcoin ETF	$183M	N/A	Apr 1, 2024	-0.51
EMTY	ProShares Decline of the Retail Store ETF -1x Shares	$2.90M	0.65%	Nov 14, 2017	-0.50
CRSH	YIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF	$19M	1.05%	May 1, 2024	-0.50
SKRE	TUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF	$9.60M	N/A	Jan 3, 2024	-0.49
MSFD	DIREXION DAILY MSFT BEAR 1X SHARES	$42M	1.02%	Sep 6, 2022	-0.49
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	$37M	0.89%	Jan 17, 2018	-0.48
AMZD	DIREXION DAILY AMZN BEAR 1X SHARES	$17M	1.02%	Sep 6, 2022	-0.48
EFZ	ProShares Short MSCI EAFE -1X Shares	$16M	0.95%	Oct 23, 2007	-0.48
TLTP	AMPLIFY TLT U.S. TREASURY 12% OPTION INCOME ETF	$28M	0.39%	Oct 28, 2024	-0.48
EFU	ProShares UltraShort MSCI EAFE -2x Shares	$932K	N/A	Oct 23, 2007	-0.47
IBGK	ISHARES IBONDS DEC 2054 TERM TREASURY ETF	$3.50M	0.07%	Jun 11, 2024	-0.47
VIXM	ProShares VIX Mid-Term Futures ETF	$56M	0.92%	Jan 3, 2011	-0.46
EPV	ProShares UltraShort FTSE Europe -2X Shares	$14M	N/A	Jun 16, 2009	-0.46
SRTY	ProShares UltraPro Short Russell2000 -3x Shares	$81M	N/A	Feb 9, 2010	-0.45
MLDR	GLOBAL X INTERMEDIATE-TERM TREASURY LADDER ETF	$9.30M	0.12%	Sep 9, 2024	-0.45
SPXU	ProShares UltraPro Short S&P 500	$562M	N/A	Jun 23, 2009	-0.45
SMN	ProShares UltraShort Materials	$3.10M	N/A	Jan 30, 2007	-0.45
NVDS	Tradr 1.5X Short NVDA Daily ETF	$23M	N/A	Jul 13, 2022	-0.44
REK	PROSHARES SHORT REAL ESTATE	$12M	0.95%	Mar 16, 2010	-0.44
NVDQ	T-Rex 2X Inverse NVIDIA Daily Target ETF	$36M	N/A	Oct 18, 2023	-0.43
SRS	ProShares UltraShort Real Estate -2x Shares	$17M	N/A	Jan 30, 2007	-0.43
EWV	ProShares UltraShort MSCI Japan -2x Shares	$7.20M	N/A	Nov 6, 2007	-0.43
FPAS	FPA SHORT DURATION GOVERNMENT ETF	$6.90M	0.10%	Oct 31, 2024	-0.43
IBGA	ISHARES IBONDS DEC 2044 TERM TREASURY ETF	$92M	0.07%	Jun 11, 2024	-0.43
NVDD	DIREXION DAILY NVDA BEAR 1X SHARES	$23M	1.01%	Sep 12, 2023	-0.43
EEV	ProShares UltraShort MSCI Emerging Markets -2x Shares	$6.10M	N/A	Oct 30, 2007	-0.42
EUM	ProShares Short MSCI Emerging Markets -1x Shares	$8.80M	0.95%	Oct 30, 2007	-0.42
EDGF	3EDGE DYNAMIC FIXED INCOME ETF	$506M	0.79%	Oct 2, 2024	-0.42
SZK	ProShares UltraShort Consumer Staples	$4.70M	N/A	Jan 30, 2007	-0.41
TSLQ	Tradr 2X Short TSLA Daily ETF	$159M	N/A	Jul 13, 2022	-0.41
LIAM	LifeX 2055 Inflation-Protected Longevity Income ETF	$4.30M	0.25%	Jan 17, 2024	-0.41