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High CorrelationLow Correlation

31 Stocks and 69 ETFs for diversifying CDW (CDW)

The least correlated asset to CDW (CDW) is company Microstrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock (STRC). The correlation is -0.7493.

Stocks that lowly correlated with CDW

SymbolName
Market cap
SectorIndustry
Correlation
STRCMicrostrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock$29BTechnologySoftware - Application-0.75
TVAIUThayer Ventures Acquisition Corp II - Units (1 Ord Cls A & 1 Rts)$9.15MFinancial ServicesShell Companies-0.65
OFSSOOFS Capital Corp$341MN/AN/A-0.60
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.59
INACIndigo Acquisition Corp$118MFinancial ServicesShell Companies-0.57
COLAColumbus Acquisition Corp$34MFinancial ServicesShell Companies-0.56
TMUSZTMobile US Inc 5.500 Senior Notes due March 2070$24BN/AN/A-0.56
MLACMountain Lake Acquisition Corp - Class A$43MN/AN/A-0.56
SUGPSU Group Holdings Ltd - Class A$5.51MIndustrialsSecurity & Protection Services-0.55
RAAQUReal Asset Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$65MFinancial ServicesShell Companies-0.55
MIAXMiami International Holdings Inc$4BFinancial ServicesCapital Markets-0.53
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$18MFinancial ServicesShell Companies-0.52
VNMEUVendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War)$52MFinancial ServicesShell Companies-0.49
TMUSLTMobile US Inc 6.250 Senior Notes due 2069$27BN/AN/A-0.49
BAYAUBayview Acquisition Corp - Units (1 Ord & 1 Right)$21MFinancial ServicesShell Companies-0.48
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.48
LEGTLegato Merger Corp. III$197MFinancial ServicesShell Companies-0.46
TDICDreamland Ltd$17MCommunication ServicesAdvertising Agencies-0.46
ATIIUArchimedes Tech SPAC Partners II Co. - Units (1 Ord & 1/2 War)$267MFinancial ServicesShell Companies-0.45
CNLCollective Mining Ltd.$1.14BBasic MaterialsGold-0.44
BCARBank of the Carolinas CORP$303MFinancial ServicesShell Companies-0.44
CAEPCantor Equity Partners III Inc - Class A$420MFinancial ServicesShell Companies-0.44
YMTYimutian Inc$111MTechnologySoftware - Application-0.43
HMCOHumanCo Acquisition Corp - Class A$387MN/AN/A-0.43
YHNAUYHN Acquisition I Ltd - Units (1 Ord & 1 Rts)$64MFinancial ServicesShell Companies-0.41
QETAUQuetta Acquisition Corp - Units (1 1 Rights)$23MFinancial ServicesShell Companies-0.41
CEPTCantor Equity Partners II Inc - Class A$284MFinancial ServicesShell Companies-0.41
SEGGLottery.com Inc$4.48MConsumer CyclicalGambling-0.40
BMGLBasel Medical Group Ltd$9.61MHealthcareMedical Care Facilities-0.39
TMUSITMobile US Inc 5.500 Senior Notes due June 2070$23BN/AN/A-0.39
GTERUGloba Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts)$53MFinancial ServicesShell Companies-0.39

ETFs that lowly correlated with CDW

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
NTRLFirst Trust Equity Market Neutral ETF$19M0.95%Feb 4, 2020-0.75
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.62
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.61
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.61
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.60
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.60
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.59
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.59
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.58
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.57
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.57
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.57
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.57
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.57
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.56
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.56
WTIPWISDOMTREE INFLATION PLUS FUND $21M0.65%Jun 16, 2025-0.55
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.55
USNGAMPLIFY SAMSUNG U.S. NATURAL GAS INFRASTRUCTURE ETF $7.40M0.59%May 19, 2025-0.55
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.55
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.54
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.54
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.54
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.53
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.52
HFMFUNLIMITED HFMF MANAGED FUTURES ETF $22M0.97%Jul 14, 2025-0.52
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.52
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.52
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.51
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.51
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.50
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.50
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.49
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.49
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.48
MBSXREGAN FIXED RATE MBS ETF $17M0.40%Apr 30, 2025-0.48
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.47
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.47
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.47
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.47
GLDYDEFIANCE GOLD ENHANCED OPTIONS INCOME ETF $32M1.04%Apr 1, 2025-0.47
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.47
BESFBASTION ENERGY ETF $33M0.80%Jun 3, 2025-0.46
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.46
IAUINEOS GOLD HIGH INCOME ETF $448M0.79%Jun 4, 2025-0.46
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.45
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.45
GOOWROUNDHILL GOOGL WEEKLYPAY ETF $85MN/AJul 23, 2025-0.45
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.44
MSTWROUNDHILL MSTR WEEKLYPAY ETF $33MN/AJul 23, 2025-0.44
XLEISTATE STREET(R) ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF$40M0.35%Jul 29, 2025-0.44
RBILF/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF $139M0.17%Feb 24, 2025-0.43
KGLDKurv Gold Enhanced Income ETF$97M1.00%Jul 7, 2025-0.43
ZMAYInnovator Equity Defined Protection ETF 1 Yr May$98M0.79%Apr 30, 2025-0.43
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.43
RSSXRETURN STACKED(R) U.S. STOCKS & GOLD/BITCOIN ETF $57M0.67%May 29, 2025-0.42
GXPCGLOBAL X PURECAP MSCI COMMUNICATION SERVICES ETF $80M0.15%Jul 22, 2025-0.42
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.42
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.42
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.42
QCMUDirexion Daily QCOM Bull 2X ETF$30MN/AJun 24, 2025-0.41
HFGMUNLIMITED HFGM GLOBAL MACRO ETF $152M1.01%Apr 14, 2025-0.41
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.39
TURFT. ROWE PRICE NATURAL RESOURCES ETF $157M0.44%Jun 11, 2025-0.39
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.39
HUMNROUNDHILL HUMANOID ROBOTICS ETF $83M0.75%Jun 25, 2025-0.39
TSIIREX TSLA GROWTH & INCOME ETF $41MN/AJun 3, 2025-0.39
XOMXDirexion Daily XOM Bull 2X Shares$7.80MN/AApr 22, 2025-0.39
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.39