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38 Stocks and 62 ETFs for diversifying Arrow Electronics (ARW)

The least correlated asset to Arrow Electronics (ARW) is ETF SHPU (DIREXION DAILY SHOP BULL 2X ETF). The correlation is -0.7026.

Stocks that lowly correlated with ARW

SymbolName
Market cap
SectorIndustry
Correlation
FIGXUFIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$35MFinancial ServicesShell Companies-0.64
LHAILinkhome Holdings Inc$19MReal EstateReal Estate Services-0.64
PVLAPalvella Therapeutics Inc$2.18BHealthcareBiotechnology-0.60
BBOTBridgeBio Oncology Therapeutics Inc Com$674MHealthcareBiotechnology-0.59
NIQNIQ Global Intelligence plc$3.24BN/AN/A-0.57
JCAPJefferson Capital Inc$1.06BFinancial ServicesCredit Services-0.56
CHACUCrane Harbor Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$72MFinancial ServicesShell Companies-0.56
PLBLPolibeli Group Ltd$2.84BConsumer CyclicalDepartment Stores-0.55
DGNXDiginex Ltd$28MIndustrialsConsulting Services-0.54
AIIAmerican Integrity Insurance Group Inc$358MFinancial ServicesInsurance - Property & Casualty-0.53
WAYWaystar Holding Corp$4.35BHealthcareHealth Information Services-0.52
AACTAres Acquisition Corporation II - Class A$588MFinancial ServicesShell Companies-0.51
QETARQuetta Acquisition Corp$1.43MN/AN/A-0.51
MAMOMassimo Group$41MConsumer CyclicalRecreational Vehicles-0.50
NTWOUNewbury Street II Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$184MFinancial ServicesShell Companies-0.50
MCACUConnectM Technology Solutions Inc - Units (1 Ord Class A 1 War & 1 Right)$70MFinancial ServicesShell Companies-0.50
THHTryHard Holdings Ltd$12MIndustrialsSpecialty Business Services-0.48
RNERUMount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt)$125MN/AN/A-0.47
CHARRCharlton Aria Acquisition Corporation Rights$206KN/AN/A-0.47
OTFBlue Owl Technology Finance Corp$4.79BFinancial ServicesAsset Management-0.47
AILEiLearningEngines Holdings Inc - Class A$59MTechnologySoftware - Infrastructure-0.46
CVIIChurchill Capital Corp VII - Class A$570MFinancial ServicesShell Companies-0.46
HPAIHelport AI Ltd$21MTechnologySoftware - Infrastructure-0.46
PLMKUPlum Acquisition Corp IV - Units (1 Ord cls A & 1/2 Warr)$213MFinancial ServicesShell Companies-0.46
GSRMBitcoin Depot Inc - Class A$54MN/AN/A-0.43
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.43
BGMQilian International Holding Group Ltd - Class A$7.45MHealthcareDrug Manufacturers - Specialty & Generic-0.42
TBMCTrailblazer Merger Corp I - Class A$29MFinancial ServicesShell Companies-0.41
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.41
APADEnhanced Group Inc - Class A$161MFinancial ServicesShell Companies-0.40
HYACHaymaker Acquisition Corp. 4$330MFinancial ServicesShell Companies-0.38
BACQUMerlin Inc - Units (1Ord Class A & 1 Rights)$781MFinancial ServicesShell Companies-0.37
LIONULionheart III Corp - Units (1 Ord Share Class A & 1/2 War)$113MN/AN/A-0.37
GIGGigCapital7 Corp - Class A$353MFinancial ServicesShell Companies-0.37
AAMAA Mission Acquisition Corp.$368MFinancial ServicesShell Companies-0.37
FORLFour Leaf Acquisition Corporation Class A Common Stock$47MN/AN/A-0.37
NAACUNorth Atlantic Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$482MN/AN/A-0.36
HBNBHotel101 Global Holdings Corp$1.31BReal EstateReal Estate Services-0.36

ETFs that lowly correlated with ARW

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SHPUDIREXION DAILY SHOP BULL 2X ETF $15MN/AAug 5, 2025-0.70
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.66
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.65
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.65
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.64
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.64
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.63
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.63
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.63
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.62
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.62
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $13MN/AMar 31, 2025-0.62
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.61
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.61
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.60
CSCSDirexion Daily CSCO Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.60
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.60
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.60
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.59
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.59
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.59
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.59
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.59
PLTGLEVERAGE SHARES 2X LONG PLTR DAILY ETF $23MN/AApr 24, 2025-0.57
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.57
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.57
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.57
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.56
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.54
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.54
RTXGLeverage Shares 2X Long RTX Daily ETF$4.50MN/AJun 5, 2025-0.54
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.53
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.52
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.52
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.51
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.51
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.51
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.51
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.51
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.50
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.50
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.47
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.47
NOWLGRANITESHARES 2X LONG NOW DAILY ETF $286MN/AJul 14, 2025-0.47
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.46
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.46
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.46
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.44
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.44
ILSBROOKMONT CATASTROPHIC BOND ETF $77M1.58%Mar 31, 2025-0.44
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.43
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.42
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.42
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.41
PDDLGRANITESHARES 2X LONG PDD DAILY ETF $7.60MN/AJul 14, 2025-0.41
RBLYYIELDMAX(R) RBLX OPTION INCOME STRATEGY ETF $2.40M0.99%Jul 28, 2025-0.40
HOOWROUNDHILL HOOD WEEKLYPAY ETF $146MN/AJun 17, 2025-0.38
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.37
GLDYDEFIANCE GOLD ENHANCED OPTIONS INCOME ETF $32M1.04%Apr 1, 2025-0.37
SHRTGOTHAM SHORT STRATEGIES ETF $14M1.35%Jul 31, 2017-0.37
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.37
SSKREX-OSPREY(TM) SOL + STAKING ETF $68M0.75%Jul 1, 2025-0.37