Overview Performance Metrics Financials ETFs Industry Correlations

48 Stocks and 52 ETFs for diversifying Amer Sports (AS)

The least correlated asset to Amer Sports (AS) is ETF XCOM (Ultra Communication Services Select Sector ETF). The correlation is -1.

Stocks that lowly correlated with AS

Symbol	Name	Market cap	Sector	Industry	Correlation
PARAP	Paramount Global Conv Pfd	$8.99B	N/A	N/A	-1.00
DHCA	DHC Acquisition Corp - Class A	$16M	N/A	N/A	-1.00
ADOCR	Australian Oilseeds Holdings Ltd	$985K	N/A	N/A	-1.00
WNS	WNS Holdings Ltd	$3.31B	N/A	N/A	-0.94
INACR	Indigo Acquisition Corp Right	$448K	N/A	N/A	-0.77
RAIN	Rain Enhancement Technologies Holdco, Inc. Class A Common Stock	$13M	Industrials	Pollution & Treatment Controls	-0.71
CCIIW	Cohen Circle Acquisition Corp II - Warrants(01/07/2030)	$3.81M	N/A	N/A	-0.62
QUMSU	Quantumsphere Acquisition Corp - Units (1 Ord Shs & 1 Rts)	$33M	Financial Services	Shell Companies	-0.60
XHG	XChange TEC.Inc American Depositary Shares	$35B	Financial Services	Insurance Brokers	-0.59
SSEAU	Starry Sea Acquisition Corp - Units (1 Ord Shs & 1/6 Rts)	$19M	Financial Services	Shell Companies	-0.59
TVAIR	Thayer Ventures Acquisition Corporation II Rights	$166K	N/A	N/A	-0.58
VNMEU	Vendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War)	$52M	Financial Services	Shell Companies	-0.58
GTERU	Globa Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts)	$53M	Financial Services	Shell Companies	-0.57
LITB	LightInTheBox Holding Co Ltd	$60M	Consumer Cyclical	Internet Retail	-0.56
ENGS	Energys Group Ltd	$12M	Industrials	Waste Management	-0.55
CCCX	Churchill Capital Corp X - Class A	$570M	Financial Services	Shell Companies	-0.54
HCMAU	HCM III Acquisition Corp - Units (1 Ord Cls A & 1 War)	$77M	Financial Services	Shell Companies	-0.53
LGPS	LogProstyle Inc	$26M	Industrials	Conglomerates	-0.52
HVMCU	Highview Merger Corp - Units (1 Ord Cls A & 1/2 War)	$52M	Financial Services	Shell Companies	-0.52
YORW	York Water Company	$439M	Utilities	Utilities - Regulated Water	-0.52
BMGL	Basel Medical Group Ltd	$9.61M	Healthcare	Medical Care Facilities	-0.51
RDAG	Republic Digital Acquisition Co. - Class A	$311M	Financial Services	Shell Companies	-0.51
OMDA	Omada Health Inc	$1.41B	Healthcare	Health Information Services	-0.51
CTW	CTW Cayman - Class A	$147M	Communication Services	Electronic Gaming & Multimedia	-0.51
NUTR	Nusatrip Inc	$174M	Consumer Cyclical	Travel Services	-0.50
DM	Desktop Metal Inc - Class A	$165M	N/A	N/A	-0.49
EFTY	Etoiles Capital Group Co Ltd - Class A	$287M	Industrials	Consulting Services	-0.48
KCHV	Kochav Defense Acquisition Corp - Class A	$263M	Financial Services	Shell Companies	-0.47
CFB	Crossfirst Bankshares Inc	$800M	Financial Services	Banks - Regional	-0.47
UNH	Unitedhealth Group Inc	$380B	Healthcare	Healthcare Plans	-0.47
TMDE	TMD Energy Ltd	$21M	Energy	Oil & Gas Midstream	-0.46
CWT	California Water Service Group	$2.98B	Utilities	Utilities - Regulated Water	-0.46
CCII	Cohen Circle Acquisition Corp II - Class A	$269M	Financial Services	Shell Companies	-0.46
WTRG	Essential Utilities Inc	$11B	Utilities	Utilities - Regulated Water	-0.46
ALPS	Alpine Summit Energy Partners Inc	$24M	N/A	Oil & Gas	-0.46
AII	American Integrity Insurance Group Inc	$358M	Financial Services	Insurance - Property & Casualty	-0.46
INTG	Intergroup Corp	$82M	Consumer Cyclical	Lodging	-0.45
ELOG	Eastern International Ltd	$9.59M	Industrials	Integrated Freight & Logistics	-0.45
LINE	Lineage Inc	$9.99B	Real Estate	Reit - Industrial	-0.45
QSEA	Quartzsea Acquisition Corp	$87M	Financial Services	Shell Companies	-0.43
CCIIU	Cohen Circle Acquisition Corp II - Units (1 Ord Cls A & 1/4 War)	$80M	Financial Services	Shell Companies	-0.43
VNMEW	Vendome Acquisition Corporation I Warrant	$2.70M	N/A	N/A	-0.43
NAOV	NanoVibronix Inc	$15M	Healthcare	Medical Devices	-0.43
VSTA	Vasta Platform Ltd Class A	$394M	Consumer Defensive	Education & Training Services	-0.42
OBA	Oxley Bridge Acquisition Ltd - Class A	$260M	Financial Services	Shell Companies	-0.42
BCAX	Bicara Therapeutics Inc	$1.84B	Healthcare	Biotechnology	-0.42
MCACR	ConnectM Technology Solutions Inc	$2.93M	N/A	N/A	-0.42
PLMIU	Plum Acquisition Corp I - Units (1 Ord Share Class A & 1/5 War)	$232M	N/A	N/A	-0.41

ETFs that lowly correlated with AS

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
XCOM	Ultra Communication Services Select Sector ETF	$384K	N/A	Jun 2, 2026	-1.00
ONG	Leverage Shares 2X Long ON Daily ETF	$1.90M	N/A	Jun 1, 2026	-1.00
CLIM	CLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF	$1.30M	0.90%	Mar 11, 2026	-0.93
METD	DIREXION DAILY META BEAR 1X SHARES	$7.90M	1.02%	Jun 5, 2024	-0.65
CCUP	T-REX 2X LONG CRCL DAILY TARGET ETF	$25M	N/A	Aug 8, 2025	-0.58
CRCG	LEVERAGE SHARES 2X LONG CRCL DAILY ETF	$67M	N/A	Aug 8, 2025	-0.58
SCC	ProShares UltraShort Consumer Discretionary	$6.80M	N/A	Jan 30, 2007	-0.57
QBER	TRUESHARES QUARTERLY BEAR HEDGE ETF	$82M	0.79%	Jun 28, 2024	-0.55
NTRL	First Trust Equity Market Neutral ETF	$19M	0.95%	Feb 4, 2020	-0.55
WEBS	DIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES	$8.70M	N/A	Nov 7, 2019	-0.55
EMTY	ProShares Decline of the Retail Store ETF -1x Shares	$3M	0.65%	Nov 14, 2017	-0.55
AVS	DIREXION DAILY AVGO BEAR 1X SHARES	$7.50M	1.03%	Oct 9, 2024	-0.54
SARK	TRADR 1X SHORT INNOVATION DAILY ETF	$43M	0.92%	Nov 5, 2021	-0.54
HDGE	ADVISORSHARES RANGER EQUITY BEAR ETF	$66M	3.62%	Jan 26, 2011	-0.53
SGVT	SCHWAB GOVERNMENT MONEY MARKET ETF	$770M	0.28%	Jun 11, 2025	-0.53
TAIL	CAMBRIA TAIL RISK ETF	$147M	0.59%	Apr 5, 2017	-0.52
SEF	ProShares Short Financials -1x Shares	$14M	0.95%	Jun 10, 2008	-0.51
SJB	PROSHARES SHORT HIGH YIELD	$56M	0.95%	Mar 21, 2011	-0.51
DVUT	WEBS Defined Volatility XLU ETF	$273K	0.89%	Jul 22, 2025	-0.50
BNKD	Bank of Montreal	$1.10M	N/A	Feb 20, 2025	-0.50
MYY	PROSHARES SHORT MIDCAP400	$2.90M	0.95%	Jun 19, 2006	-0.50
DIPS	YIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF	$8.20M	1.05%	Jul 23, 2024	-0.49
HIBS	Direxion Daily S&P 500 High Beta Bear 3X Shares	$17M	N/A	Nov 7, 2019	-0.49
XLUI	STATE STREET(R) UTILITIES SELECT SECTOR SPDR(R) PREMIUM INCOME ETF	$22M	0.35%	Jul 29, 2025	-0.49
SDS	ProShares UltraShort S&P500 -2x Shares	$398M	N/A	Jul 11, 2006	-0.49
SH	ProShares Short S&P500 -1x Shares	$973M	0.89%	Jun 19, 2006	-0.48
RBIL	F/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF	$139M	0.17%	Feb 24, 2025	-0.48
LFAW	LifeX 2060 Longevity Income ETF	$3.80M	0.25%	Jan 8, 2024	-0.48
SPDN	DIREXION DAILY S&P 500 (R) BEAR 1X SHARES	$195M	0.48%	Jun 8, 2016	-0.48
MZZ	PROSHARES ULTRASHORT MIDCAP400	$2.40M	N/A	Jul 11, 2006	-0.48
SIJ	ProShares UltraShort Industrials -2x Shares	$5.50M	N/A	Jan 30, 2007	-0.47
YQQQ	YIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF	$16M	1.11%	Aug 14, 2024	-0.47
QQQD	DIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES	$35M	0.50%	Mar 6, 2024	-0.47
LFAO	LifeX 2055 Longevity Income ETF	$5M	0.25%	Jan 8, 2024	-0.47
DXD	PROSHARES ULTRASHORT DOW30	$46M	N/A	Jul 11, 2006	-0.47
EMEM	SOPHUS CAPITAL EMERGING MARKET ETF	$61M	0.65%	May 19, 2026	-0.47
UVIX	2x Long VIX Futures ETF	$290M	N/A	Mar 28, 2022	-0.47
DOG	PROSHARES SHORT DOW30	$111M	0.95%	Jun 19, 2006	-0.46
LFAI	LifeX 2050 Longevity Income ETF	$4.50M	0.25%	Jan 8, 2024	-0.46
SKF	ProShares UltraShort Financials -2x Shares	$11M	N/A	May 23, 2007	-0.45
LLDR	GLOBAL X LONG-TERM TREASURY LADDER ETF	$37M	0.12%	Sep 9, 2024	-0.45
RGTU	TRADR 2X LONG RGTI DAILY ETF	$14M	N/A	Jun 23, 2025	-0.44
NOWL	GRANITESHARES 2X LONG NOW DAILY ETF	$286M	N/A	Jul 14, 2025	-0.44
DWSH	ADVISORSHARES DORSEY WRIGHT SHORT ETF	$11M	6.22%	Jul 10, 2018	-0.43
SDOW	ProShares UltraPro Short Dow30 -3x Shares	$185M	N/A	Feb 9, 2010	-0.43
RFIX	Simplify Downside Interest Rate Hedge Strategy ETF	$56M	0.50%	Dec 9, 2024	-0.43
PSQ	ProShares Short QQQ -1x Shares	$601M	0.95%	Jun 19, 2006	-0.43
GLGG	LEVERAGE SHARES 2X LONG GLXY DAILY ETF	$2.80M	N/A	Aug 20, 2025	-0.43
POW	VistaShares Electrification Supercycle ETF	$68M	0.75%	Oct 27, 2025	-0.42
PDDL	GRANITESHARES 2X LONG PDD DAILY ETF	$7.60M	N/A	Jul 14, 2025	-0.42
EDGF	3EDGE DYNAMIC FIXED INCOME ETF	$479M	0.79%	Oct 2, 2024	-0.42
MLDR	GLOBAL X INTERMEDIATE-TERM TREASURY LADDER ETF	$8.80M	0.12%	Sep 9, 2024	-0.42