Overview Performance Dividends Metrics Financials ETFs Industry Correlations

41 Stocks and 59 ETFs for diversifying Chemung Financial (CHMG)

The least correlated asset to Chemung Financial (CHMG) is ETF SKRE (TUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF). The correlation is -0.7868.

Stocks that lowly correlated with CHMG

Symbol	Name	Market cap	Sector	Industry	Correlation
FLAC	Frazier Lifesciences Acquisition Corp - Class A	$175M	N/A	N/A	-0.73
GTERU	Globa Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts)	$53M	Financial Services	Shell Companies	-0.67
TMDE	TMD Energy Ltd	$21M	Energy	Oil & Gas Midstream	-0.60
HMCO	HumanCo Acquisition Corp - Class A	$387M	N/A	N/A	-0.59
TSIBU	Tishman Speyer Innovation Corp II - Units (1 Ord Share Class A & 1/5 War)	$301M	N/A	N/A	-0.58
NVSAU	New Vista Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)	$350M	N/A	N/A	-0.58
VNMEU	Vendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War)	$52M	Financial Services	Shell Companies	-0.57
SVFAU	SVF Investment Corp - Units (1 Ord Share Class A & 1/5 War)	$766M	N/A	N/A	-0.55
IPOD	Dune Acquisition Corporation II Class A Ordinary Shares	$150M	Financial Services	Shell Companies	-0.55
RNERU	Mount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt)	$125M	N/A	N/A	-0.54
DLCAU	Deep Lake Capital Acquisition Corp - Units (1 Ord Class A & 1/2 War)	$262M	N/A	N/A	-0.54
JMACU	Maxpro Capital Acquisition Corp - Units (1 Ord Share Class A & 1 War)	$150M	N/A	N/A	-0.53
BDMD	Baird Medical Investment Holdings Ltd .	$34M	Healthcare	Medical Devices	-0.51
NAACU	North Atlantic Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)	$482M	N/A	N/A	-0.51
VCKAU	Scilex Holding Company - Units (1 Ord & 1/2 War)	$37M	N/A	N/A	-0.50
INACR	Indigo Acquisition Corp Right	$448K	N/A	N/A	-0.50
HMCOU	HumanCo Acquisition Corp - Units (1 Ord Class A & 1/2 War)	$386M	N/A	N/A	-0.49
JCICU	Jack Creek Investment Corp - Units (1 Ord Share Class A & 1/2 War)	$432M	N/A	N/A	-0.49
CCV	Churchill Capital Corp V - Class A	$284M	N/A	N/A	-0.47
SCAQU	Stratim Cloud Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)	$286M	N/A	N/A	-0.47
BOAC	Bluescape Opportunities Acquisition Corp - Class A	$227M	N/A	N/A	-0.46
YSXT	Ysx Tech Co.Ltd - Class A	$20M	Industrials	Specialty Business Services	-0.45
EONR	HNR Acquisition Corp	$21M	Energy	Oil & Gas E&p	-0.44
SWETU	Athlon Acquisition Corp - Units (1 Ord Class A & 1/2 War)	$277M	N/A	N/A	-0.44
AII	American Integrity Insurance Group Inc	$358M	Financial Services	Insurance - Property & Casualty	-0.42
MONCU	Monument Circle Acquisition Corp - Units (1 Ord Class A & 1/2 War)	$251M	N/A	N/A	-0.42
OFSSO	OFS Capital Corp	$341M	N/A	N/A	-0.41
HBNB	Hotel101 Global Holdings Corp	$1.31B	Real Estate	Real Estate Services	-0.41
LZMH	LZ Technology Holdings Ltd - Class B	$9.02M	Technology	Information Technology Services	-0.41
NOAC	Natural Order Acquisition Corp	$289M	N/A	N/A	-0.41
GSRM	Bitcoin Depot Inc - Class A	$54M	N/A	N/A	-0.41
FIGXU	FIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War)	$35M	Financial Services	Shell Companies	-0.40
NOACU	Natural Order Acquisition Corp - Units (1 Ord & 1 War)	$289M	N/A	N/A	-0.40
EQV	EQV Ventures Acquisition Corp.	$466M	Financial Services	Shell Companies	-0.40
ANNA	AleAnna Inc - Class A	$131M	Energy	Oil & Gas E&p	-0.39
MTAC	MedTech Acquisition Corp - Class A	$183M	N/A	N/A	-0.39
VCXA	10X Capital Venture Acquisition Corp II - Class A	$86M	N/A	N/A	-0.39
CDTG	CDT Environmental Technology Investment Holdings Ltd	$3.77M	Industrials	Waste Management	-0.39
ARBGU	Aequi Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)	$96M	N/A	N/A	-0.39
BAYAR	Bayview Acquisition Corp	$143K	N/A	N/A	-0.39
TURB	Turbo Energy S.A.	$7.58M	Technology	Solar	-0.38

ETFs that lowly correlated with CHMG

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
SKRE	TUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF	$5.20M	N/A	Jan 3, 2024	-0.79
SBB	ProShares Short SmallCap600 -1x Shares	$3.30M	0.95%	Jan 23, 2007	-0.64
QBER	TRUESHARES QUARTERLY BEAR HEDGE ETF	$82M	0.79%	Jun 28, 2024	-0.62
SDD	PROSHARES ULTRASHORT SMALLCAP600	$1.20M	N/A	Jan 23, 2007	-0.62
CRCG	LEVERAGE SHARES 2X LONG CRCL DAILY ETF	$67M	N/A	Aug 8, 2025	-0.61
SEF	ProShares Short Financials -1x Shares	$14M	0.95%	Jun 10, 2008	-0.61
CCUP	T-REX 2X LONG CRCL DAILY TARGET ETF	$25M	N/A	Aug 8, 2025	-0.61
MYY	PROSHARES SHORT MIDCAP400	$2.90M	0.95%	Jun 19, 2006	-0.61
BNKD	Bank of Montreal	$1.10M	N/A	Feb 20, 2025	-0.60
RWM	PROSHARES SHORT RUSSELL2000	$113M	0.95%	Jan 23, 2007	-0.60
DOG	PROSHARES SHORT DOW30	$111M	0.95%	Jun 19, 2006	-0.60
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	$35M	0.89%	Jan 17, 2018	-0.59
VIXM	ProShares VIX Mid-Term Futures ETF	$40M	0.92%	Jan 3, 2011	-0.59
TWM	ProShares UltraShort Russell2000 -2x Shares	$38M	N/A	Jan 23, 2007	-0.59
MZZ	PROSHARES ULTRASHORT MIDCAP400	$2.40M	N/A	Jul 11, 2006	-0.59
DXD	PROSHARES ULTRASHORT DOW30	$46M	N/A	Jul 11, 2006	-0.59
SKF	ProShares UltraShort Financials -2x Shares	$11M	N/A	May 23, 2007	-0.58
HIBS	Direxion Daily S&P 500 High Beta Bear 3X Shares	$17M	N/A	Nov 7, 2019	-0.58
TAIL	CAMBRIA TAIL RISK ETF	$147M	0.59%	Apr 5, 2017	-0.57
SHRT	GOTHAM SHORT STRATEGIES ETF	$14M	1.35%	Jul 31, 2017	-0.56
DWSH	ADVISORSHARES DORSEY WRIGHT SHORT ETF	$11M	6.22%	Jul 10, 2018	-0.56
BTAL	AGF U.S. MARKET NEUTRAL ANTI-BETA FUND	$283M	1.40%	Sep 13, 2011	-0.55
SIJ	ProShares UltraShort Industrials -2x Shares	$5.50M	N/A	Jan 30, 2007	-0.55
AIBD	Direxion Daily AI and Big Data Bear 2X ETF	$4.70M	N/A	May 15, 2024	-0.53
SPDN	DIREXION DAILY S&P 500 (R) BEAR 1X SHARES	$195M	0.48%	Jun 8, 2016	-0.53
SDOW	ProShares UltraPro Short Dow30 -3x Shares	$185M	N/A	Feb 9, 2010	-0.53
HDGE	ADVISORSHARES RANGER EQUITY BEAR ETF	$66M	3.62%	Jan 26, 2011	-0.53
YQQQ	YIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF	$16M	1.11%	Aug 14, 2024	-0.52
SH	ProShares Short S&P500 -1x Shares	$973M	0.89%	Jun 19, 2006	-0.52
WZRD	Opportunistic Trader ETF	$976K	1.00%	Jun 24, 2025	-0.52
UVIX	2x Long VIX Futures ETF	$290M	N/A	Mar 28, 2022	-0.52
SDS	ProShares UltraShort S&P500 -2x Shares	$398M	N/A	Jul 11, 2006	-0.51
NFLW	ROUNDHILL NFLX WEEKLYPAY ETF	$6.70M	N/A	Jun 17, 2025	-0.51
EMTY	ProShares Decline of the Retail Store ETF -1x Shares	$3M	0.65%	Nov 14, 2017	-0.51
REK	PROSHARES SHORT REAL ESTATE	$9.80M	0.95%	Mar 16, 2010	-0.51
SMN	ProShares UltraShort Materials	$4.10M	N/A	Jan 30, 2007	-0.50
QQQD	DIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES	$35M	0.50%	Mar 6, 2024	-0.50
SMDD	ProShares UltraPro Short MidCap400 -3x Shares	$1.90M	N/A	Feb 9, 2010	-0.49
TSMZ	DIREXION DAILY TSM BEAR 1X SHARES	$2.80M	1.01%	Oct 2, 2024	-0.48
EFZ	ProShares Short MSCI EAFE -1X Shares	$12M	0.95%	Oct 23, 2007	-0.48
SRS	ProShares UltraShort Real Estate -2x Shares	$16M	N/A	Jan 30, 2007	-0.47
EFU	ProShares UltraShort MSCI EAFE -2x Shares	$1.20M	N/A	Oct 23, 2007	-0.47
SCC	ProShares UltraShort Consumer Discretionary	$6.80M	N/A	Jan 30, 2007	-0.46
SARK	TRADR 1X SHORT INNOVATION DAILY ETF	$43M	0.92%	Nov 5, 2021	-0.46
AAPD	DIREXION DAILY AAPL BEAR 1X SHARES	$14M	0.96%	Aug 8, 2022	-0.45
SJB	PROSHARES SHORT HIGH YIELD	$56M	0.95%	Mar 21, 2011	-0.45
EPV	ProShares UltraShort FTSE Europe -2X Shares	$13M	N/A	Jun 16, 2009	-0.45
TNGY	TORTOISE ENERGY ETF	$515M	0.85%	Dec 27, 2010	-0.43
EWV	ProShares UltraShort MSCI Japan -2x Shares	$5.70M	N/A	Nov 6, 2007	-0.42
CSCS	Direxion Daily CSCO Bear 1X ETF	$1.70M	1.00%	Jun 24, 2025	-0.42
EUM	ProShares Short MSCI Emerging Markets -1x Shares	$9.80M	0.95%	Oct 30, 2007	-0.41
EEV	ProShares UltraShort MSCI Emerging Markets -2x Shares	$2.60M	N/A	Oct 30, 2007	-0.41
EDZ	DIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES	$14M	N/A	Dec 17, 2008	-0.41
SPXU	ProShares UltraPro Short S&P 500	$427M	N/A	Jun 23, 2009	-0.41
CLIM	CLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF	$1.30M	0.90%	Mar 11, 2026	-0.39
METD	DIREXION DAILY META BEAR 1X SHARES	$7.90M	1.02%	Jun 5, 2024	-0.39
TAPR	Barclays Bank PLC	$11M	0.79%	Mar 31, 2025	-0.38
RTXG	Leverage Shares 2X Long RTX Daily ETF	$4.50M	N/A	Jun 5, 2025	-0.38
XLEI	STATE STREET(R) ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF	$40M	0.35%	Jul 29, 2025	-0.38