Skip to main content

Want a detailed portfolio tracker?

26 Stocks and 74 ETFs for diversifying Dycom Industries (DY)

The least correlated asset to Dycom Industries (DY) is ETF TSMZ (DIREXION DAILY TSM BEAR 1X SHARES). The correlation is -0.7633.

Stocks that lowly correlated with DY

SymbolName
Market cap
SectorIndustry
Correlation
TMDETMD Energy Ltd$18MEnergyOil & Gas Midstream-0.73
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.68
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.60
PVLAPalvella Therapeutics Inc$1.66BHealthcareBiotechnology-0.55
NAMIJinxin Technology Holding Company$34MCommunication ServicesInternet Content & Information-0.51
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.51
CRCLCircle Internet Group Inc - Class A$25BFinancial ServicesCapital Markets-0.50
NMAXNewsmax Inc Class B$1BCommunication ServicesBroadcasting-0.47
ENGSEnergys Group Ltd$12MIndustrialsWaste Management-0.47
DGNXDiginex Ltd$31MIndustrialsConsulting Services-0.46
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.46
ADVBAdvanced Biomed Inc$5.36MHealthcareDiagnostics & Research-0.45
OMDAOmada Health Inc$975MHealthcareHealth Information Services-0.44
WYHGWing Yip Food Holdings Group Ltd$43MConsumer DefensivePackaged Foods-0.44
SVNAU7 Acquisition Corp - Units (1 Ord Share Class A & 1/2 War)$301MN/AN/A-0.43
IOTRiOThree Ltd$5.23MCommunication ServicesTelecom Services-0.41
AIIAmerican Integrity Insurance Group Inc$328MFinancial ServicesInsurance - Property & Casualty-0.41
WGRXWellgistics Health Inc$7.55MHealthcarePharmaceutical Retailers-0.41
LGPSLogProstyle Inc$16MIndustrialsConglomerates-0.41
FIGXUFIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$35MFinancial ServicesShell Companies-0.40
WETOWebus International Ltd$11MTechnologySoftware - Infrastructure-0.40
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.40
BMGLBasel Medical Group Ltd$11MHealthcareMedical Care Facilities-0.39
PROPPrairie Operating Co. Common Stock$81MEnergyOil & Gas E&p-0.39
INKANear Intelligence Inc - Class A$190MN/AN/A-0.39
STAKStak Inc$17MEnergyOil & Gas Equipment & Services-0.38

ETFs that lowly correlated with DY

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.76
NFLWROUNDHILL NFLX WEEKLYPAY ETF $16MN/AJun 17, 2025-0.72
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.71
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $14M1.11%Aug 14, 2024-0.71
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.66
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $9.80M1.05%Jul 23, 2024-0.65
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.65
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.64
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.64
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.63
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.63
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.63
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.63
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.62
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.61
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.61
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.61
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.61
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.61
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.61
AVSDIREXION DAILY AVGO BEAR 1X SHARES $6.90M1.03%Oct 9, 2024-0.60
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.59
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.59
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $75MN/AAug 21, 2023-0.59
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.57
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.57
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.57
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.56
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $23M0.50%Mar 6, 2024-0.56
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.55
NVDQT-Rex 2X Inverse NVIDIA Daily Target ETF$36MN/AOct 18, 2023-0.55
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.55
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.54
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $23M1.01%Sep 12, 2023-0.54
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.54
METDDIREXION DAILY META BEAR 1X SHARES $8.60M1.02%Jun 5, 2024-0.54
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.53
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.53
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.53
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.52
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.20MN/AMay 15, 2024-0.52
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.52
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.51
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.51
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.51
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.50
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.50
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.50
BRKUDIREXION DAILY BRKB BULL 2X SHARES $58MN/ADec 10, 2024-0.49
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.48
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.47
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.46
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.46
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $21M1.03%Feb 11, 2025-0.45
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.45
WTIDBank of Montreal$6.60MN/AFeb 16, 2023-0.45
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.44
CSCSDirexion Daily CSCO Bear 1X ETF$1.80M1.00%Jun 24, 2025-0.43
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.43
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $4.80MN/AMar 31, 2025-0.43
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.43
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.43
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.42
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.42
OILDBank of Montreal$19MN/ANov 8, 2021-0.42
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $40MN/ANov 6, 2008-0.41
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.41
FNGDBank of Montreal$68MN/AJan 22, 2018-0.40
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.39
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.39
RXDProShares UltraShort Health Care -2x Shares$4.90MN/AJan 30, 2007-0.39
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.39
NVDSTradr 1.5X Short NVDA Daily ETF$23MN/AJul 13, 2022-0.38
LFBEStone Ridge 2065 Longevity Income ETF$3.20M0.25%Jan 3, 2025-0.38