Skip to main content

Want a detailed portfolio tracker?

41 Stocks and 59 ETFs for diversifying Churchill Downs (CHDN)

The least correlated asset to Churchill Downs (CHDN) is company KING PHARMACEUTICALS (KG). The correlation is -0.6684.

Stocks that lowly correlated with CHDN

SymbolName
Market cap
SectorIndustry
Correlation
KGKING PHARMACEUTICALS INC$77MFinancial ServicesInsurance - Reinsurance-0.67
BUUUBUUU Group Ltd - Class A$293MIndustrialsSpecialty Business Services-0.65
WTFWaton Financial Ltd$132MFinancial ServicesCapital Markets-0.63
INACUIndigo Acquisition Corp - Units (1 Ord Shs & 1 Rts)$34MFinancial ServicesShell Companies-0.58
EPWKEPWK Holdings Ltd - Class A$9.78KTechnologySoftware - Application-0.58
CCIIWCohen Circle Acquisition Corp II - Warrants(01/07/2030)$3.81MN/AN/A-0.58
VNMEUVendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War)$52MFinancial ServicesShell Companies-0.55
RDAGRepublic Digital Acquisition Co. - Class A$311MFinancial ServicesShell Companies-0.55
GTERUGloba Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts)$53MFinancial ServicesShell Companies-0.54
HCMAUHCM III Acquisition Corp - Units (1 Ord Cls A & 1 War)$77MFinancial ServicesShell Companies-0.54
NAMMNamib Minerals.$87MBasic MaterialsGold-0.53
INACIndigo Acquisition Corp$118MFinancial ServicesShell Companies-0.52
IBACIB Acquisition Corp$46MFinancial ServicesShell Companies-0.51
METCIRamaco Resources Inc$1.12BN/AN/A-0.51
CJMBCallan Jmb Inc$4.21MIndustrialsIntegrated Freight & Logistics-0.50
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.50
PACWPPacWest Bancorp Depositary Shares Each Representing a 140th Interest in a Share of 7.75 Fixed Rate NonCumulative Perpetual Preferred Stock Series A$2.48BN/AN/A-0.49
BMGLBasel Medical Group Ltd$9.61MHealthcareMedical Care Facilities-0.49
XRPNArmada Acquisition Corp II - Class A$330MFinancial ServicesShell Companies-0.48
PRMBPrimo Brands Corp - Class A$9.12BConsumer DefensiveBeverages - Non-alcoholic-0.47
NCINeo Concept International Group Holdings Ltd$48MConsumer CyclicalApparel Manufacturing-0.46
JENAJena Acquisition Corporation II Class A$242MFinancial ServicesShell Companies-0.44
JBDIJBDI Holdings Ltd$12MConsumer CyclicalSpecialty Retail-0.43
ENGSEnergys Group Ltd$12MIndustrialsWaste Management-0.43
DYCQDT Cloud Acquisition Corp$23MFinancial ServicesShell Companies-0.43
FMFCKandal M Venture Ltd - Class A$4.71MConsumer CyclicalFootwear & Accessories-0.43
PMTRPerimeter Acquisition Corp I - Class A$258MFinancial ServicesShell Companies-0.43
CHPGChampionsGate Acquisition Corp - Class A$78MFinancial ServicesShell Companies-0.42
POLEAndretti Acquisition Corp II - Class A$248MFinancial ServicesShell Companies-0.42
ACFNN/A$45MTechnologyScientific & Technical Instruments-0.42
ARDTArdent Health Partners Inc$1.40BHealthcareMedical Care Facilities-0.42
FRBNForbion European Acquisition Corp - Class A$343MFinancial ServicesShell Companies-0.42
CCIXChurchill Capital Corp IX$312MFinancial ServicesShell Companies-0.41
CAPNUCayson Acquisition Corp - Units (1 1 Rights)$21MFinancial ServicesShell Companies-0.41
INACRIndigo Acquisition Corp Right$448KN/AN/A-0.41
AIROAIRO Group Holdings Inc$212MIndustrialsAerospace & Defense-0.41
CEPCantor Equity Partners Inc - Class A$183MFinancial ServicesShell Companies-0.41
MNDRMobile health Network Solutions - Class A$3.40MHealthcareHealth Information Services-0.40
SIMASIM Acquisition Corp I - Class A$73MFinancial ServicesShell Companies-0.40
PELIRPelican Acquisition Corp$2.80MN/AN/A-0.39
MLECMoolec Science SA$10MHealthcareBiotechnology-0.39

ETFs that lowly correlated with CHDN

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
USNGAMPLIFY SAMSUNG U.S. NATURAL GAS INFRASTRUCTURE ETF $7.40M0.59%May 19, 2025-0.63
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.62
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.61
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.60
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.59
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.59
GXPEGLOBAL X PURECAP MSCI ENERGY ETF $1.20M0.15%Jul 22, 2025-0.59
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.58
XLUISTATE STREET(R) UTILITIES SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $22M0.35%Jul 29, 2025-0.58
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.58
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.57
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.57
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.56
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.56
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.56
BILTiShares Infrastructure Active ETF$32M0.60%Jul 29, 2025-0.55
DVUTWEBS Defined Volatility XLU ETF$273K0.89%Jul 22, 2025-0.55
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.55
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.54
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.53
LMTLDirexion Daily LMT Bull 2X ETF$8.40MN/AAug 5, 2025-0.53
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.51
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.51
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.51
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.51
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.50
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.50
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.50
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.50
TEXNISHARES TEXAS EQUITY ETF $17M0.20%Jun 23, 2025-0.50
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.49
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.49
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, 2025-0.49
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.48
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.48
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.48
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.48
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.47
HECAHEDGEYE CAPITAL ALLOCATION ETF $312M1.30%Jun 30, 2025-0.47
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.47
HFMFUNLIMITED HFMF MANAGED FUTURES ETF $22M0.97%Jul 14, 2025-0.46
TIPCNORTHERN TRUST 2045 INFLATION-LINKED DISTRIBUTING LADDER ETF $3M0.10%Aug 18, 2025-0.45
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.45
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.45
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.44
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.44
USAFATLAS AMERICA FUND $18M0.89%Nov 19, 2024-0.44
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.44
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.44
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.43
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.43
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.42
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.42
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.41
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.41
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.40
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.40
TIPBNORTHERN TRUST 2035 INFLATION-LINKED DISTRIBUTING LADDER ETF $8M0.10%Aug 18, 2025-0.40
RIFRRUSSELL INVESTMENTS GLOBAL INFRASTRUCTURE ETF $43M0.59%May 13, 2025-0.40