Overview Performance Dividends Metrics Financials ETFs Industry Splits Correlations

31 Stocks and 69 ETFs for diversifying Bank of Montreal (BMO)

The least correlated asset to Bank of Montreal (BMO) is ETF SEF (ProShares Short Financials -1x Shares). The correlation is -0.8232.

Stocks that lowly correlated with BMO

Symbol	Name	Market cap	Sector	Industry	Correlation
UBXG	U-BX Technology Ltd	$6.42M	Communication Services	Advertising Agencies	-0.58
EMA	Emera Incorporated	$16B	Utilities	Utilities - Regulated Electric	-0.56
TACH	Titan Acquisition Corp - Class A	$288M	Financial Services	Shell Companies	-0.56
VCXA	10X Capital Venture Acquisition Corp II - Class A	$86M	N/A	N/A	-0.55
CTW	CTW Cayman - Class A	$147M	Communication Services	Electronic Gaming & Multimedia	-0.54
APADU	A Paradise Acquisition Corp Unit	$67M	Financial Services	Shell Companies	-0.53
FLAC	Frazier Lifesciences Acquisition Corp - Class A	$175M	N/A	N/A	-0.52
PACH	Pioneer Acquisition I Corp - Class A	$260M	Financial Services	Shell Companies	-0.51
SOCAU	Solarius Capital Acquisition Corp Units	$179M	Financial Services	Shell Companies	-0.49
LWAC	LightWave Acquisition Corp - Class A	$221M	Financial Services	Shell Companies	-0.49
MAMK	MaxsMaking Inc - Class A	$195M	Industrials	Conglomerates	-0.48
IPCX	Inflection Point Acquisition Corp III - Class A	$263M	Financial Services	Shell Companies	-0.46
PROP	Prairie Operating Co. Common Stock	$60M	Energy	Oil & Gas E&p	-0.46
IROHU	CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)	$453M	N/A	N/A	-0.46
TMDE	TMD Energy Ltd	$21M	Energy	Oil & Gas Midstream	-0.46
JMACU	Maxpro Capital Acquisition Corp - Units (1 Ord Share Class A & 1 War)	$150M	N/A	N/A	-0.45
WTGUU	Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)	$18M	Financial Services	Shell Companies	-0.45
OMSE	OMS Energy Technologies Inc	$197M	Energy	Oil & Gas Equipment & Services	-0.45
VCKAU	Scilex Holding Company - Units (1 Ord & 1/2 War)	$37M	N/A	N/A	-0.44
OFSSO	OFS Capital Corp	$341M	N/A	N/A	-0.44
CRAQ	Cal Redwood Acquisition Corp	$320M	Financial Services	Shell Companies	-0.43
KCHV	Kochav Defense Acquisition Corp - Class A	$263M	Financial Services	Shell Companies	-0.43
GSHR	Gesher Acquisition Corp II - Class A	$157M	Financial Services	Shell Companies	-0.42
CLIK	Click Holdings Ltd	$4.19M	Consumer Cyclical	Personal Services	-0.41
DLCAU	Deep Lake Capital Acquisition Corp - Units (1 Ord Class A & 1/2 War)	$262M	N/A	N/A	-0.40
CCV	Churchill Capital Corp V - Class A	$284M	N/A	N/A	-0.40
HMCO	HumanCo Acquisition Corp - Class A	$387M	N/A	N/A	-0.39
GSRM	Bitcoin Depot Inc - Class A	$54M	N/A	N/A	-0.39
NVSAU	New Vista Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)	$350M	N/A	N/A	-0.39
INAC	Indigo Acquisition Corp	$118M	Financial Services	Shell Companies	-0.39
SVFAU	SVF Investment Corp - Units (1 Ord Share Class A & 1/5 War)	$766M	N/A	N/A	-0.39

ETFs that lowly correlated with BMO

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
SEF	ProShares Short Financials -1x Shares	$14M	0.95%	Jun 10, 2008	-0.82
HIBS	Direxion Daily S&P 500 High Beta Bear 3X Shares	$17M	N/A	Nov 7, 2019	-0.81
SBB	ProShares Short SmallCap600 -1x Shares	$3.30M	0.95%	Jan 23, 2007	-0.81
SKF	ProShares UltraShort Financials -2x Shares	$11M	N/A	May 23, 2007	-0.80
MYY	PROSHARES SHORT MIDCAP400	$2.90M	0.95%	Jun 19, 2006	-0.79
DWSH	ADVISORSHARES DORSEY WRIGHT SHORT ETF	$11M	6.22%	Jul 10, 2018	-0.79
SDD	PROSHARES ULTRASHORT SMALLCAP600	$1.20M	N/A	Jan 23, 2007	-0.79
BNKD	Bank of Montreal	$1.10M	N/A	Feb 20, 2025	-0.79
MZZ	PROSHARES ULTRASHORT MIDCAP400	$2.40M	N/A	Jul 11, 2006	-0.78
RWM	PROSHARES SHORT RUSSELL2000	$113M	0.95%	Jan 23, 2007	-0.77
DOG	PROSHARES SHORT DOW30	$111M	0.95%	Jun 19, 2006	-0.77
TWM	ProShares UltraShort Russell2000 -2x Shares	$38M	N/A	Jan 23, 2007	-0.76
SIJ	ProShares UltraShort Industrials -2x Shares	$5.50M	N/A	Jan 30, 2007	-0.76
DXD	PROSHARES ULTRASHORT DOW30	$46M	N/A	Jul 11, 2006	-0.75
HDGE	ADVISORSHARES RANGER EQUITY BEAR ETF	$66M	3.62%	Jan 26, 2011	-0.73
EFZ	ProShares Short MSCI EAFE -1X Shares	$12M	0.95%	Oct 23, 2007	-0.73
EFU	ProShares UltraShort MSCI EAFE -2x Shares	$1.20M	N/A	Oct 23, 2007	-0.72
BTAL	AGF U.S. MARKET NEUTRAL ANTI-BETA FUND	$283M	1.40%	Sep 13, 2011	-0.71
SH	ProShares Short S&P500 -1x Shares	$973M	0.89%	Jun 19, 2006	-0.70
SPDN	DIREXION DAILY S&P 500 (R) BEAR 1X SHARES	$195M	0.48%	Jun 8, 2016	-0.70
TSMZ	DIREXION DAILY TSM BEAR 1X SHARES	$2.80M	1.01%	Oct 2, 2024	-0.70
EPV	ProShares UltraShort FTSE Europe -2X Shares	$13M	N/A	Jun 16, 2009	-0.70
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	$35M	0.89%	Jan 17, 2018	-0.70
EMTY	ProShares Decline of the Retail Store ETF -1x Shares	$3M	0.65%	Nov 14, 2017	-0.69
SMN	ProShares UltraShort Materials	$4.10M	N/A	Jan 30, 2007	-0.69
SDS	ProShares UltraShort S&P500 -2x Shares	$398M	N/A	Jul 11, 2006	-0.69
SDOW	ProShares UltraPro Short Dow30 -3x Shares	$185M	N/A	Feb 9, 2010	-0.69
SJB	PROSHARES SHORT HIGH YIELD	$56M	0.95%	Mar 21, 2011	-0.68
VIXM	ProShares VIX Mid-Term Futures ETF	$40M	0.92%	Jan 3, 2011	-0.67
TAIL	CAMBRIA TAIL RISK ETF	$147M	0.59%	Apr 5, 2017	-0.66
REK	PROSHARES SHORT REAL ESTATE	$9.80M	0.95%	Mar 16, 2010	-0.65
QBER	TRUESHARES QUARTERLY BEAR HEDGE ETF	$82M	0.79%	Jun 28, 2024	-0.63
SKRE	TUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF	$5.20M	N/A	Jan 3, 2024	-0.63
DUG	ProShares UltraShort Energy	$27M	N/A	Jan 30, 2007	-0.62
EWV	ProShares UltraShort MSCI Japan -2x Shares	$5.70M	N/A	Nov 6, 2007	-0.62
DRIP	Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF	$131M	N/A	May 28, 2015	-0.62
SRS	ProShares UltraShort Real Estate -2x Shares	$16M	N/A	Jan 30, 2007	-0.61
EUM	ProShares Short MSCI Emerging Markets -1x Shares	$9.80M	0.95%	Oct 30, 2007	-0.61
EEV	ProShares UltraShort MSCI Emerging Markets -2x Shares	$2.60M	N/A	Oct 30, 2007	-0.60
SMDD	ProShares UltraPro Short MidCap400 -3x Shares	$1.90M	N/A	Feb 9, 2010	-0.60
YQQQ	YIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF	$16M	1.11%	Aug 14, 2024	-0.59
SCC	ProShares UltraShort Consumer Discretionary	$6.80M	N/A	Jan 30, 2007	-0.59
ERY	DIREXION DAILY ENERGY BEAR 2X SHARES	$49M	N/A	Nov 6, 2008	-0.59
WZRD	Opportunistic Trader ETF	$976K	1.00%	Jun 24, 2025	-0.58
OILD	Bank of Montreal	$53M	N/A	Nov 8, 2021	-0.57
TAPR	Barclays Bank PLC	$11M	0.79%	Mar 31, 2025	-0.57
SCO	ProShares UltraShort Bloomberg Crude Oil -2x Shares	$895M	N/A	Nov 24, 2008	-0.56
WTID	Bank of Montreal	$18M	N/A	Feb 16, 2023	-0.54
SZK	ProShares UltraShort Consumer Staples	$4.70M	N/A	Jan 30, 2007	-0.54
UVIX	2x Long VIX Futures ETF	$290M	N/A	Mar 28, 2022	-0.53
EDZ	DIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES	$14M	N/A	Dec 17, 2008	-0.53
AIBD	Direxion Daily AI and Big Data Bear 2X ETF	$4.70M	N/A	May 15, 2024	-0.51
METD	DIREXION DAILY META BEAR 1X SHARES	$7.90M	1.02%	Jun 5, 2024	-0.50
PSQ	ProShares Short QQQ -1x Shares	$601M	0.95%	Jun 19, 2006	-0.50
SARK	TRADR 1X SHORT INNOVATION DAILY ETF	$43M	0.92%	Nov 5, 2021	-0.50
MUD	Direxion Daily MU Bear 1X Shares	$76M	1.02%	Oct 9, 2024	-0.49
CRCG	LEVERAGE SHARES 2X LONG CRCL DAILY ETF	$67M	N/A	Aug 8, 2025	-0.49
CCUP	T-REX 2X LONG CRCL DAILY TARGET ETF	$25M	N/A	Aug 8, 2025	-0.49
SPXU	ProShares UltraPro Short S&P 500	$427M	N/A	Jun 23, 2009	-0.48
SLTY	YIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF	$19M	1.25%	Aug 20, 2025	-0.47
AVS	DIREXION DAILY AVGO BEAR 1X SHARES	$7.50M	1.03%	Oct 9, 2024	-0.46
BZQ	ProShares UltraShort MSCI Brazil Capped ETF -2x Shares	$3.20M	N/A	Jun 16, 2009	-0.46
REW	ProShares UltraShort Technology -2x Shares	$2.80M	N/A	Jan 30, 2007	-0.45
BESF	BASTION ENERGY ETF	$33M	0.80%	Jun 3, 2025	-0.45
WEBS	DIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES	$8.70M	N/A	Nov 7, 2019	-0.44
SMCZ	DEFIANCE DAILY TARGET 2X SHORT SMCI ETF	$13M	N/A	Mar 31, 2025	-0.44
WTIP	WISDOMTREE INFLATION PLUS FUND	$21M	0.65%	Jun 16, 2025	-0.42
PALD	Direxion Daily PANW Bear 1X Shares	$1.80M	1.02%	Feb 10, 2025	-0.41
DRV	DIREXION DAILY REAL ESTATE BEAR 3X SHARES	$29M	N/A	Jul 16, 2009	-0.40