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High CorrelationLow Correlation

37 Stocks and 63 ETFs for diversifying Dropbox (DBX)

The least correlated asset to Dropbox (DBX) is ETF QCMD (Direxion Daily QCOM Bear 1X ETF). The correlation is -0.7079.

Stocks that lowly correlated with DBX

SymbolName
Market cap
SectorIndustry
Correlation
LCCCULakeshore Acquisition III Corp - Units (1 Ord Shs & 1 Rts)$21MFinancial ServicesShell Companies-0.58
WSBKWinchester Bancorp Inc$119MFinancial ServicesBanks - Regional-0.55
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.53
IPODUDune Acquisition Corp II - Units (1 Ord Cls A & 1 War)$156MFinancial ServicesShell Companies-0.50
DTSQRDT Cloud Star Acquisition Corp$298KN/AN/A-0.50
GSHRGesher Acquisition Corp II - Class A$155MFinancial ServicesShell Companies-0.50
UBXGU-BX Technology Ltd$37MTechnologySoftware - Infrastructure-0.49
TWODTwo Harbors Investment Corp$2.67BN/AN/A-0.49
CAPNCayson Acquisition Corp$63MFinancial ServicesShell Companies-0.49
FOXXFoxx Development Holdings Inc$20MTechnologyConsumer Electronics-0.49
GSRMBitcoin Depot Inc - Class A$54MN/AN/A-0.48
XPDBPower & Digital Infrastructure Acquisition II Corp - Class A$634MN/AN/A-0.48
NEE-P-TNextEra Energy Inc 7.234 Corporate Units$105BN/AN/A-0.45
SWINSolowin Holdings$54MN/AN/A-0.45
YBYuanbao Inc$971MTechnologySoftware - Application-0.44
IOTRiOThree Ltd$5.23MCommunication ServicesTelecom Services-0.43
NEE-P-SNextEra Energy Inc 7.299 Corporate Units$113BN/AN/A-0.42
LCCCLakeshore Acquisition III Corp$72MFinancial ServicesShell Companies-0.42
SZZLUSizzle Acquisition Corp II - Units (1 Ord Cls A & 1 Rts)$70MFinancial ServicesShell Companies-0.42
PTWOUSBC Medical Group Holdings Inc - Units (1 Ord Class A & 1 War)$1.13BN/AN/A-0.41
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.41
GIGGigCapital7 Corp - Class A$353MFinancial ServicesShell Companies-0.41
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.41
SZZLRSizzle Acquisition Corp II$1.07MN/AN/A-0.41
GMMGlobal Mofy Metaverse Ltd$2.18MTechnologyInformation Technology Services-0.41
VACHVoyager Acquisition Corp - Class A$279MFinancial ServicesShell Companies-0.40
JMACUMaxpro Capital Acquisition Corp - Units (1 Ord Share Class A & 1 War)$150MN/AN/A-0.40
POLEUAndretti Acquisition Corp II - Units (1 Ord Class A & 1/2 War)$223MFinancial ServicesShell Companies-0.40
HMCOHumanCo Acquisition Corp - Class A$387MN/AN/A-0.40
AMRZAmrize Ltd$29BBasic MaterialsBuilding Materials-0.40
NTBLNotable Labs Inc Ord$2.39MHealthcareBiotechnology-0.39
JEM707 Cayman Holdings Ltd$1.99MConsumer CyclicalApparel Retail-0.39
RFAIRF Acquisition Corp II$116MFinancial ServicesShell Companies-0.39
BEPCBrookfield Renewable Corporation (Exchangeable Shares) - Class A$7.15BUtilitiesUtilities - Renewable-0.38
CHYMChime Financial Inc - Class A$6.59BTechnologySoftware - Application-0.38
LINELineage Inc$9.85BReal EstateReit - Industrial-0.37
SZZLSizzle Acquisition Corp II - Class A$244MFinancial ServicesShell Companies-0.37

ETFs that lowly correlated with DBX

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
QCMDDirexion Daily QCOM Bear 1X ETF$2M1.00%Jun 24, 2025-0.71
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $19M1.05%May 1, 2024-0.66
TSLZT-Rex 2X Inverse Tesla Daily Target ETF$46MN/AOct 18, 2023-0.61
TSDDGRANITESHARES 2X SHORT TSLA DAILY ETF $42MN/AAug 21, 2023-0.61
PALDDirexion Daily PANW Bear 1X Shares$2.40M1.02%Feb 10, 2025-0.58
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $14M1.11%Aug 14, 2024-0.57
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.54
AVSDIREXION DAILY AVGO BEAR 1X SHARES $6.90M1.03%Oct 9, 2024-0.52
TSLQTradr 2X Short TSLA Daily ETF$159MN/AJul 13, 2022-0.52
RTXGLeverage Shares 2X Long RTX Daily ETF$4MN/AJun 5, 2025-0.51
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $23M0.50%Mar 6, 2024-0.50
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.20MN/AMay 15, 2024-0.50
TSLSDirexion Daily TSLA Bear 1X Shares$76M0.95%Aug 8, 2022-0.49
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.49
FNGDBank of Montreal$68MN/AJan 22, 2018-0.49
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.49
PMBSPIMCO Mortgage-Backed Securities Active Exchange-Traded Fund$1.30B0.71%Jul 31, 1997-0.48
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.47
GMOIGMO INTERNATIONAL VALUE ETF $443M0.60%Oct 28, 2024-0.45
BTCZT-REX 2X INVERSE BITCOIN DAILY TARGET ETF $26MN/AJul 9, 2024-0.44
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.44
GOPUNUSUAL WHALES SUBVERSIVE REPUBLICAN TRADING ETF $75M0.73%Feb 7, 2023-0.44
LFAILifeX 2050 Longevity Income ETF$4.50M0.25%Jan 8, 2024-0.43
BOEGLEVERAGE SHARES 2X LONG BA DAILY ETF $4.60MN/AJun 12, 2025-0.43
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.42
LFAOLifeX 2055 Longevity Income ETF$4.30M0.25%Jan 8, 2024-0.42
MLDRGLOBAL X INTERMEDIATE-TERM TREASURY LADDER ETF $9.30M0.12%Sep 9, 2024-0.42
SMBSSCHWAB MORTGAGE-BACKED SECURITIES ETF $6.30B0.03%Nov 18, 2024-0.42
SBITProShares UltraShort Bitcoin ETF$183MN/AApr 1, 2024-0.42
LFAWLifeX 2060 Longevity Income ETF$3.40M0.25%Jan 8, 2024-0.41
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.41
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.41
CAFXCONGRESS INTERMEDIATE BOND ETF $325M0.35%Sep 9, 2024-0.41
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.41
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.41
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.41
FPASFPA SHORT DURATION GOVERNMENT ETF $6.90M0.10%Oct 31, 2024-0.41
MYCGSPDR SSGA My2027 Corporate Bond ETF$30M0.15%Sep 23, 2024-0.41
LLDRGLOBAL X LONG-TERM TREASURY LADDER ETF $35M0.12%Sep 9, 2024-0.40
IDEFiShares Defense Industrials Active ETF$3.50B0.55%May 19, 2025-0.40
TLTPAMPLIFY TLT U.S. TREASURY 12% OPTION INCOME ETF $28M0.39%Oct 28, 2024-0.40
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.40
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.40
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.40
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.40
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.40
MYCISPDR SSGA My2029 Corporate Bond ETF$35M0.15%Sep 23, 2024-0.39
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.39
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.39
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.39
MYCJSPDR SSGA My2030 Corporate Bond ETF$40M0.15%Sep 23, 2024-0.39
RSBARETURN STACKED(R) BONDS & MERGER ARBITRAGE ETF $53M1.01%Dec 17, 2024-0.39
CSCSDirexion Daily CSCO Bear 1X ETF$1.80M1.00%Jun 24, 2025-0.39
EUADSELECT STOXX EUROPE AEROSPACE & DEFENSE ETF $1.30B0.50%Oct 21, 2024-0.39
MYCHSPDR SSGA My2028 Corporate Bond ETF$418M0.15%Sep 23, 2024-0.39
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.38
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.38
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.38
MYCKSPDR SSGA My2031 Corporate Bond ETF$16M0.15%Sep 23, 2024-0.38
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.38
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $16M0.96%Aug 8, 2022-0.37
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.37
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.37