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21 Stocks and 79 ETFs for diversifying Broadcom (AVGO)

The least correlated asset to Broadcom (AVGO) is ETF AVS (DIREXION DAILY AVGO BEAR 1X SHARES). The correlation is -0.9634.

Stocks that lowly correlated with AVGO

SymbolName
Market cap
SectorIndustry
Correlation
WTGWintergreen Acquisition Corp$58MFinancial ServicesShell Companies-0.55
PGACPantages Capital Acquisition Corp Cl A Ord Shs$118MFinancial ServicesShell Companies-0.54
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.54
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.53
WSBKWinchester Bancorp Inc$121MFinancial ServicesBanks - Regional-0.51
TFIN-PTriumph Financial Inc Depositary Shares Series C$531MFinancial ServicesBanks - Regional-0.49
CHPGChampionsGate Acquisition Corp - Class A$78MFinancial ServicesShell Companies-0.49
TGEGeneration Essentials Group - Class A$370MFinancial ServicesAsset Management-0.48
NAMMNamib Minerals.$87MBasic MaterialsGold-0.48
OYSEOyster Enterprises II Acquisition Corp$268MFinancial ServicesShell Companies-0.46
CRAQCal Redwood Acquisition Corp$320MFinancial ServicesShell Companies-0.46
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.45
LCCCRLakeshore Acquisition III Corp$349KN/AN/A-0.45
GETGetnetAdquirencia e Servicos para Meios de Pagamento S.A. - Instituica$88MN/AN/A-0.44
GTERUGloba Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts)$53MFinancial ServicesShell Companies-0.44
CRECre8 Enterprise Ltd Class A$6.60MIndustrialsSpecialty Business Services-0.43
VNMEUVendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War)$52MFinancial ServicesShell Companies-0.42
INACIndigo Acquisition Corp$118MFinancial ServicesShell Companies-0.42
BMHLBluemount Holdings Ltd$146MFinancial ServicesCapital Markets-0.41
LINELineage Inc$9.99BReal EstateReit - Industrial-0.40
AZIAutozi Internet Technology (Global) Ltd - Class A$9.05MConsumer CyclicalAuto & Truck Dealerships-0.39

ETFs that lowly correlated with AVGO

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.96
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.84
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.76
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.76
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.68
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.68
RTXGLeverage Shares 2X Long RTX Daily ETF$4.50MN/AJun 5, 2025-0.66
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.65
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.65
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.65
MSFDDIREXION DAILY MSFT BEAR 1X SHARES $11M1.02%Sep 6, 2022-0.65
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.65
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.64
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.63
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.63
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.62
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.62
SETHProShares Short Ether ETF$23M0.95%Nov 1, 2023-0.60
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.60
ETHDProShares UltraShort Ether ETF$86MN/AJun 6, 2024-0.58
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.58
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $19M1.01%Sep 12, 2023-0.56
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.56
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $61MN/AAug 21, 2023-0.56
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.55
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $16M1.05%May 1, 2024-0.55
NVDQT-REX 2X INVERSE NVIDIA DAILY TARGET ETF $22MN/AOct 18, 2023-0.54
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.54
LMTLDirexion Daily LMT Bull 2X ETF$8.40MN/AAug 5, 2025-0.54
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.54
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.53
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.53
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.53
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $10M1.02%Sep 6, 2022-0.53
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.53
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.52
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.52
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.52
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.52
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.52
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.52
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.52
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.51
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.51
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.51
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.51
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.50
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.50
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.49
GGLSDirexion Daily GOOGL Bear 1X ETF$13M1.02%Sep 6, 2022-0.49
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.48
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.48
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $14M0.96%Aug 8, 2022-0.48
BRKUDIREXION DAILY BRKB BULL 2X SHARES $45MN/ADec 10, 2024-0.48
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $16M1.03%Feb 11, 2025-0.48
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.47
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.47
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.47
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $35M1.05%Jul 9, 2024-0.47
BTCZT-REX 2X INVERSE BITCOIN DAILY TARGET ETF $30MN/AJul 9, 2024-0.46
TSLQTradr 2X Short TSLA Daily ETF$114MN/AJul 13, 2022-0.46
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.46
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.46
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.45
CONIGRANITESHARES 2X SHORT COIN DAILY ETF $16MN/ASep 4, 2024-0.45
TSLZT-REX 2X INVERSE TESLA DAILY TARGET ETF $31MN/AOct 18, 2023-0.45
SBITProShares UltraShort Bitcoin ETF$219MN/AApr 1, 2024-0.44
WNTRYieldMax Short MSTR Option Income Strategy ETF$81M1.00%Mar 26, 2025-0.44
TSDDGRANITESHARES 2X SHORT TSLA DAILY ETF $39MN/AAug 21, 2023-0.44
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.44
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.43
QCMDDirexion Daily QCOM Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.42
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.42
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.42
TSLSDirexion Daily TSLA Bear 1X Shares$66M0.95%Aug 8, 2022-0.42
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.41
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.41
PANGLEVERAGE SHARES 2X LONG PANW DAILY ETF $8.90MN/AMar 20, 2025-0.40
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.39