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37 Stocks and 63 ETFs for diversifying Arrow Electronics (ARW)

The least correlated asset to Arrow Electronics (ARW) is ETF WZRD (Opportunistic Trader ETF). The correlation is -0.8326.

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-0.76
SDHIRSiddhi Acquisition Corp$1.38MN/AN/A-0.60
GSRMBitcoin Depot Inc - Class A$54MN/AN/A-0.60
PVLAPalvella Therapeutics Inc$1.66BHealthcareBiotechnology-0.59
CHACUCrane Harbor Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$72MFinancial ServicesShell Companies-0.56
DGNXDiginex Ltd$31MIndustrialsConsulting Services-0.54
NTWOUNewbury Street II Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$183MFinancial ServicesShell Companies-0.54
AACTAres Acquisition Corporation II - Class A$588MFinancial ServicesShell Companies-0.53
MAMOMassimo Group$42MConsumer CyclicalRecreational Vehicles-0.52
MCACUConnectM Technology Solutions Inc - Units (1 Ord Class A 1 War & 1 Right)$70MFinancial ServicesShell Companies-0.51
HPAIHelport AI Ltd$33MTechnologySoftware - Infrastructure-0.50
OTFBlue Owl Technology Finance Corp$4.94BFinancial ServicesAsset Management-0.50
QETARQuetta Acquisition Corp$1.33MN/AN/A-0.49
BGMQilian International Holding Group Ltd - Class A$7.45MHealthcareDrug Manufacturers - Specialty & Generic-0.49
JCAPJefferson Capital Inc$950MFinancial ServicesCredit Services-0.48
CVIIChurchill Capital Corp VII - Class A$570MFinancial ServicesShell Companies-0.48
AILEiLearningEngines Holdings Inc - Class A$59MTechnologySoftware - Infrastructure-0.48
LRHCLa Rosa Holdings Corp$1.31MReal EstateReal Estate Services-0.48
PLMKUPlum Acquisition Corp IV - Units (1 Ord cls A & 1/2 Warr)$54MFinancial ServicesShell Companies-0.47
RNERUMount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt)$125MN/AN/A-0.47
ZSPCZspace Inc$2.96MTechnologyComputer Hardware-0.47
WAYWaystar Holding Corp$3.65BHealthcareHealth Information Services-0.47
AIIAmerican Integrity Insurance Group Inc$328MFinancial ServicesInsurance - Property & Casualty-0.46
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.45
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.44
CHARRCharlton Aria Acquisition Corporation Rights$226KN/AN/A-0.44
APUSApimeds Pharmaceuticals US Inc$1.82MHealthcareDrug Manufacturers - Specialty & Generic-0.43
ALCYAlchemy Investments Acquisition Corp 1 Class A Ordinary Shares$49MFinancial ServicesShell Companies-0.43
TBMCTrailblazer Merger Corp I - Class A$29MFinancial ServicesShell Companies-0.43
DXSTDecent Holding Inc$1.65MIndustrialsWaste Management-0.43
INHDInno Holdings Inc$9.59MBasic MaterialsSteel-0.42
TMDETMD Energy Ltd$18MEnergyOil & Gas Midstream-0.41
BACQUMerlin Inc - Units (1Ord Class A & 1 Rights)$781MFinancial ServicesShell Companies-0.40
HYACHaymaker Acquisition Corp. 4$330MFinancial ServicesShell Companies-0.38
FORLFour Leaf Acquisition Corporation Class A Common Stock$47MN/AN/A-0.38
HBNBHotel101 Global Holdings Corp$1.36BReal EstateReal Estate Services-0.38
AZIAutozi Internet Technology (Global) Ltd - Class A$9.05MConsumer CyclicalAuto & Truck Dealerships-0.37

ETFs that lowly correlated with ARW

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
WZRDOpportunistic Trader ETF$3.90M1.00%Jun 24, 2025-0.83
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.66
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.66
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.66
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.65
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.64
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.64
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.63
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.63
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.63
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.62
PLTGLEVERAGE SHARES 2X LONG PLTR DAILY ETF $26MN/AApr 24, 2025-0.62
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.61
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.61
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.60
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.60
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.60
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.60
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.59
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.59
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.59
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.59
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.58
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.58
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $4.80MN/AMar 31, 2025-0.58
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.57
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.57
CSCSDirexion Daily CSCO Bear 1X ETF$1.80M1.00%Jun 24, 2025-0.55
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.55
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.55
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.54
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.53
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.52
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.51
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.51
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.51
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.50
RTXGLeverage Shares 2X Long RTX Daily ETF$4MN/AJun 5, 2025-0.49
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.49
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.49
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.48
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.48
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.48
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.47
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.47
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.46
MSDDGRANITESHARES 2X SHORT MSTR DAILY ETF $1MN/AJun 9, 2025-0.45
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.44
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.44
NVDSTradr 1.5X Short NVDA Daily ETF$23MN/AJul 13, 2022-0.44
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.44
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.43
ILSBROOKMONT CATASTROPHIC BOND ETF $75M1.58%Mar 31, 2025-0.42
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $14M1.11%Aug 14, 2024-0.40
WNTRYieldMax Short MSTR Option Income Strategy ETF$72M1.00%Mar 26, 2025-0.40
GLDYDEFIANCE GOLD ENHANCED OPTIONS INCOME ETF $35M1.04%Apr 1, 2025-0.40
FNGDBank of Montreal$68MN/AJan 22, 2018-0.39
METDDIREXION DAILY META BEAR 1X SHARES $8.60M1.02%Jun 5, 2024-0.39
HOOWROUNDHILL HOOD WEEKLYPAY ETF $113MN/AJun 17, 2025-0.38
PTIRGRANITESHARES 2X LONG PLTR DAILY ETF $408MN/ASep 4, 2024-0.38
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.38
PLTYYieldMax PLTR Option Income Strategy ETF$348M1.07%Oct 7, 2024-0.37
BILZPIMCO ULTRA SHORT GOVERNMENT ACTIVE EXCHANGE-TRADED FUND $874M0.14%Jun 21, 2023-0.37