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High CorrelationLow Correlation

38 Stocks and 62 ETFs for diversifying Commercial Metals (CMC)

The least correlated asset to Commercial Metals (CMC) is company TMD Energy (TMDE). The correlation is -0.6977.

Stocks that lowly correlated with CMC

SymbolName
Market cap
SectorIndustry
Correlation
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.70
SAFXXCF Global Inc$145MUtilitiesUtilities - Renewable-0.61
CTWCTW Cayman - Class A$147MCommunication ServicesElectronic Gaming & Multimedia-0.60
AIIAmerican Integrity Insurance Group Inc$358MFinancial ServicesInsurance - Property & Casualty-0.59
FLACFrazier Lifesciences Acquisition Corp - Class A$175MN/AN/A-0.58
LWACLightWave Acquisition Corp - Class A$221MFinancial ServicesShell Companies-0.53
RAAQReal Asset Acquisition Corp - Class A$231MFinancial ServicesShell Companies-0.53
EQVEQV Ventures Acquisition Corp.$466MFinancial ServicesShell Companies-0.53
GIBOGIBO Holdings Ltd$106MCommunication ServicesInternet Content & Information-0.52
MOBXMobix Labs Inc - Class A$20MTechnologySemiconductors-0.50
FVNFuture Vision II Acquisition Corporation$63MFinancial ServicesShell Companies-0.50
PGACPantages Capital Acquisition Corp Cl A Ord Shs$118MFinancial ServicesShell Companies-0.50
NVSAUNew Vista Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$350MN/AN/A-0.49
PEWGrabAGun Digital Holdings Inc$75MIndustrialsAerospace & Defense-0.48
CCVChurchill Capital Corp V - Class A$284MN/AN/A-0.48
OMDAOmada Health Inc$1.41BHealthcareHealth Information Services-0.47
LSELeishen Energy Holding Co Ltd$78MEnergyOil & Gas Equipment & Services-0.47
BDMDBaird Medical Investment Holdings Ltd .$34MHealthcareMedical Devices-0.47
DLCAUDeep Lake Capital Acquisition Corp - Units (1 Ord Class A & 1/2 War)$262MN/AN/A-0.47
TLXTelix Pharmaceuticals Ltd$3.82BHealthcareBiotechnology-0.46
BOACBluescape Opportunities Acquisition Corp - Class A$227MN/AN/A-0.46
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.46
ETSElite Express Holding Inc - Class A$13MIndustrialsTrucking-0.46
TSIBUTishman Speyer Innovation Corp II - Units (1 Ord Share Class A & 1/5 War)$301MN/AN/A-0.45
BMGLBasel Medical Group Ltd$9.61MHealthcareMedical Care Facilities-0.45
LHAILinkhome Holdings Inc$19MReal EstateReal Estate Services-0.44
JMACUMaxpro Capital Acquisition Corp - Units (1 Ord Share Class A & 1 War)$150MN/AN/A-0.44
NAACUNorth Atlantic Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$482MN/AN/A-0.43
HMCOHumanCo Acquisition Corp - Class A$387MN/AN/A-0.43
TURBTurbo Energy S.A.$7.58MTechnologySolar-0.43
MNTNMNTN Inc - Class A$751MTechnologySoftware - Application-0.42
SVFAUSVF Investment Corp - Units (1 Ord Share Class A & 1/5 War)$766MN/AN/A-0.41
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.41
SDACUSustainable Development Acquisition I Corp - Units (1 Ord Class A & 1/2 War)$210MN/AN/A-0.41
EMPDEmpery Digital Inc$98MConsumer CyclicalAuto Manufacturers-0.41
VCKAUScilex Holding Company - Units (1 Ord & 1/2 War)$37MN/AN/A-0.40
LGPSLogProstyle Inc$26MIndustrialsConglomerates-0.40
CRCLCircle Internet Group Inc - Class A$16BFinancial ServicesCapital Markets-0.40

ETFs that lowly correlated with CMC

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.68
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.68
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.68
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.67
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.67
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.67
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.66
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.66
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.66
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.66
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.65
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.65
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.65
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.64
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.64
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.64
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.62
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.62
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.61
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.60
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.60
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.60
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.60
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.58
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.56
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.56
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.55
XLUISTATE STREET(R) UTILITIES SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $22M0.35%Jul 29, 2025-0.53
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.53
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.52
SHRTGOTHAM SHORT STRATEGIES ETF $14M1.35%Jul 31, 2017-0.52
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.52
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.52
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.51
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.50
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.50
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.50
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.50
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.49
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.48
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.47
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.46
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.46
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.45
CLIMCLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF $1.30M0.90%Mar 11, 2026-0.45
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.45
OILDBank of Montreal$53MN/ANov 8, 2021-0.45
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.44
GGOViShares Global Government Bond USD Hedged Active$2.90B0.39%Jun 25, 2025-0.44
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.43
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.42
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.42
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.42
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.42
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.42
CXRNTEUCRIUM 2X DAILY CORN ETF $4MN/ADec 12, 2024-0.42
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.41
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $16M1.05%May 1, 2024-0.41
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.41
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.41
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.41
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.40