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35 Stocks and 65 ETFs for diversifying DMC Global (BOOM)

The least correlated asset to DMC Global (BOOM) is ETF SLTY (YIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF). The correlation is -0.7919.

Stocks that lowly correlated with BOOM

SymbolName
Market cap
SectorIndustry
Correlation
RNERUMount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt)$125MN/AN/A-0.60
GRDNGuardian Pharmacy Services Inc$2.54BHealthcareMedical Care Facilities-0.55
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.55
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.52
ELOGEastern International Ltd$9.59MIndustrialsIntegrated Freight & Logistics-0.51
ORIQUOrigin Investment Corp I - Units (1 Ord Cls & 1/2 War)$22MFinancial ServicesShell Companies-0.47
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.47
SAGTSagtec Global Ltd$18MTechnologySoftware - Application-0.46
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.46
MOBXMobix Labs Inc - Class A$20MTechnologySemiconductors-0.45
ASICAtegrity Specialty Holdings LLC$1.08BFinancial ServicesInsurance - Property & Casualty-0.44
APADEnhanced Group Inc - Class A$161MFinancial ServicesShell Companies-0.44
GSRMBitcoin Depot Inc - Class A$54MN/AN/A-0.44
EHGOEshallgo Inc - Class A$3.67MIndustrialsBusiness Equipment & Supplies-0.43
CURXCuranex Pharmaceuticals Inc$6.11MHealthcareBiotechnology-0.43
SAFXXCF Global Inc$145MUtilitiesUtilities - Renewable-0.43
EQVEQV Ventures Acquisition Corp.$466MFinancial ServicesShell Companies-0.42
LIONULionheart III Corp - Units (1 Ord Share Class A & 1/2 War)$113MN/AN/A-0.41
QETARQuetta Acquisition Corp$1.43MN/AN/A-0.41
ANNAAleAnna Inc - Class A$131MEnergyOil & Gas E&p-0.40
TPETTrio Petroleum Corp$13MEnergyOil & Gas E&p-0.38
GIGGigCapital7 Corp - Class A$353MFinancial ServicesShell Companies-0.37
LWACLightWave Acquisition Corp - Class A$221MFinancial ServicesShell Companies-0.37
DECN/A$961MEnergyOil & Gas Integrated-0.37
TACHTitan Acquisition Corp - Class A$288MFinancial ServicesShell Companies-0.35
LBLandbridge Company LLC. - Class A$5.70BEnergyOil & Gas Equipment & Services-0.35
PLBLPolibeli Group Ltd$2.84BConsumer CyclicalDepartment Stores-0.34
PTLEPTL Ltd$70MConsumer CyclicalSpecialty Retail-0.34
MENSJyong Biotech Ltd$174MHealthcareBiotechnology-0.34
APADUA Paradise Acquisition Corp Unit$67MFinancial ServicesShell Companies-0.33
MDCXMDCorp$14MHealthcareDrug Manufacturers - General-0.33
MHMcGraw Hill Inc$1.95BConsumer DefensiveEducation & Training Services-0.33
MAMKMaxsMaking Inc - Class A$195MIndustrialsConglomerates-0.32
BANLCBL International Ltd$11MEnergyOil & Gas Midstream-0.31
CHACUCrane Harbor Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$72MFinancial ServicesShell Companies-0.31

ETFs that lowly correlated with BOOM

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.79
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.59
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.55
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.53
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.53
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $13MN/AMar 31, 2025-0.51
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.50
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.49
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.49
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.48
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.48
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.47
QCMDDirexion Daily QCOM Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.46
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.46
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.46
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.46
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.45
GGOViShares Global Government Bond USD Hedged Active$2.90B0.39%Jun 25, 2025-0.45
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.44
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.44
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.44
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.44
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.44
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.43
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.43
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.43
CLIMCLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF $1.30M0.90%Mar 11, 2026-0.43
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.42
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.42
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.42
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.42
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.42
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.42
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.42
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.41
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.41
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.41
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.41
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.41
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.41
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.41
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.40
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.40
NFXLDIREXION DAILY NFLX BULL 2X SHARES $141MN/AOct 2, 2024-0.40
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $16M1.03%Feb 11, 2025-0.40
WZRDOpportunistic Trader ETF$976K1.00%Jun 24, 2025-0.39
NFLUT-REX 2X LONG NFLX DAILY TARGET ETF $46MN/ASep 26, 2024-0.39
OILDBank of Montreal$53MN/ANov 8, 2021-0.37
NFLYYIELDMAX(R) NFLX OPTION INCOME STRATEGY ETF $43M1.01%Aug 7, 2023-0.36
NFLPKurv Yield Premium Strategy Netflix (NFLX) ETF$4.70M0.99%Oct 26, 2023-0.36
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.35
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.34
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.34
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$895MN/ANov 24, 2008-0.34
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.34
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.33
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.33
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.33
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.33
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.33
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.33
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.32
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.31
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.31
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.31