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High CorrelationLow Correlation

29 Stocks and 71 ETFs for diversifying Chegg (CHGG)

The least correlated asset to Chegg (CHGG) is ETF AIBD (Direxion Daily AI and Big Data Bear 2X ETF). The correlation is -0.7458.

Stocks that lowly correlated with CHGG

SymbolName
Market cap
SectorIndustry
Correlation
TACHTitan Acquisition Corp - Class A$288MFinancial ServicesShell Companies-0.57
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.54
CRAQCal Redwood Acquisition Corp$320MFinancial ServicesShell Companies-0.54
LGPSLogProstyle Inc$26MIndustrialsConglomerates-0.53
CHPGChampionsGate Acquisition Corp - Class A$78MFinancial ServicesShell Companies-0.51
WSBKWinchester Bancorp Inc$121MFinancial ServicesBanks - Regional-0.50
LWACWLightWave Acquisition Corp - Warrants (06/06/2030)$178MN/AN/A-0.49
VNMEUVendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War)$52MFinancial ServicesShell Companies-0.48
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.47
GTERUGloba Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts)$53MFinancial ServicesShell Companies-0.45
HYACHaymaker Acquisition Corp. 4$330MFinancial ServicesShell Companies-0.44
LCCCRLakeshore Acquisition III Corp$349KN/AN/A-0.43
SDHIRSiddhi Acquisition Corp$1.13MN/AN/A-0.42
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.42
DYCQRDT Cloud Acquisition Corp$474KN/AN/A-0.41
PVLAPalvella Therapeutics Inc$2.18BHealthcareBiotechnology-0.41
GSHRGesher Acquisition Corp II - Class A$157MFinancial ServicesShell Companies-0.41
UBXGU-BX Technology Ltd$6.42MCommunication ServicesAdvertising Agencies-0.40
ORIQUOrigin Investment Corp I - Units (1 Ord Cls & 1/2 War)$22MFinancial ServicesShell Companies-0.38
PLBLPolibeli Group Ltd$2.84BConsumer CyclicalDepartment Stores-0.37
SZZLRSizzle Acquisition Corp II$1.47MN/AN/A-0.37
BMAQUBlockchain Moon Acquisition Corp - Units (1 Ord 1 War & 1 Rts)$34MN/AN/A-0.37
ZSPCZspace Inc$2.96MTechnologyComputer Hardware-0.35
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.35
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.34
CHARRCharlton Aria Acquisition Corporation Rights$206KN/AN/A-0.33
MAGHMagnitude International Ltd$230MIndustrialsEngineering & Construction-0.33
MAMKMaxsMaking Inc - Class A$195MIndustrialsConglomerates-0.33
HPLTUHome Plate Acquisition Corp - Units (1 Ord Class A & 1/2 War)$79MN/AN/A-0.32

ETFs that lowly correlated with CHGG

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.75
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.71
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.70
RTXGLeverage Shares 2X Long RTX Daily ETF$4.50MN/AJun 5, 2025-0.64
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.63
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.62
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.61
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.59
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $35M1.05%Jul 9, 2024-0.58
BRKUDIREXION DAILY BRKB BULL 2X SHARES $45MN/ADec 10, 2024-0.57
ETHDProShares UltraShort Ether ETF$86MN/AJun 6, 2024-0.57
CONIGRANITESHARES 2X SHORT COIN DAILY ETF $16MN/ASep 4, 2024-0.55
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $16M1.05%May 1, 2024-0.51
SGVTSCHWAB GOVERNMENT MONEY MARKET ETF $770M0.28%Jun 11, 2025-0.50
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.50
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $13MN/AMar 31, 2025-0.50
SETHProShares Short Ether ETF$23M0.95%Nov 1, 2023-0.48
HECAHEDGEYE CAPITAL ALLOCATION ETF $312M1.30%Jun 30, 2025-0.47
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $16M1.03%Feb 11, 2025-0.46
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.46
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.45
DVXVWEBs Defined Volatility XLV ETF$480K0.89%Jul 22, 2025-0.45
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.44
WNTRYieldMax Short MSTR Option Income Strategy ETF$81M1.00%Mar 26, 2025-0.44
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.44
BTCZT-REX 2X INVERSE BITCOIN DAILY TARGET ETF $30MN/AJul 9, 2024-0.43
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.43
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.43
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.41
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.40
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.40
SBITProShares UltraShort Bitcoin ETF$219MN/AApr 1, 2024-0.39
MSFDDIREXION DAILY MSFT BEAR 1X SHARES $11M1.02%Sep 6, 2022-0.39
PALDDirexion Daily PANW Bear 1X Shares$1.80M1.02%Feb 10, 2025-0.39
DVUTWEBS Defined Volatility XLU ETF$273K0.89%Jul 22, 2025-0.39
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.39
QCMDDirexion Daily QCOM Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.39
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.38
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.38
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.38
TSLZT-REX 2X INVERSE TESLA DAILY TARGET ETF $31MN/AOct 18, 2023-0.38
NFXSDIREXION DAILY NFLX BEAR 1X SHARES $5.40M1.03%Oct 2, 2024-0.38
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.38
LMTLDirexion Daily LMT Bull 2X ETF$8.40MN/AAug 5, 2025-0.38
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.37
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.37
TSDDGRANITESHARES 2X SHORT TSLA DAILY ETF $39MN/AAug 21, 2023-0.37
SHRTGOTHAM SHORT STRATEGIES ETF $14M1.35%Jul 31, 2017-0.36
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.36
RIFRRUSSELL INVESTMENTS GLOBAL INFRASTRUCTURE ETF $43M0.59%May 13, 2025-0.36
XLVISTATE STREET(R) HEALTH CARE SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)HEALTH CARE SELECT SECTOR SPDR(R) PREMIUM INCOME ETF$16M0.35%Jul 29, 2025-0.36
PANGLEVERAGE SHARES 2X LONG PANW DAILY ETF $8.90MN/AMar 20, 2025-0.35
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.35
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.35
BESFBASTION ENERGY ETF $33M0.80%Jun 3, 2025-0.35
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.35
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.35
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.35
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.34
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.34
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.34
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.34
GGLSDirexion Daily GOOGL Bear 1X ETF$13M1.02%Sep 6, 2022-0.34
LDDRStone Ridge 2035 Term Income ETF$42M0.25%Jan 3, 2025-0.33
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $10M1.02%Sep 6, 2022-0.33
BILTiShares Infrastructure Active ETF$32M0.60%Jul 29, 2025-0.33
LDRTISHARES IBONDS 1-5 YEAR TREASURY LADDER ETF $132M0.07%Nov 7, 2024-0.33
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.32
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.32
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.32
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.32