Overview Performance Dividends Metrics Financials Industry Correlations

20 Stocks and 80 ETFs for diversifying Ellington Financial (EFC-P-A)

The least correlated asset to Ellington Financial (EFC-P-A) is ETF BRKC (YIELDMAX(R) BRK.B OPTION INCOME STRATEGY ETF). The correlation is -0.8754.

Stocks that lowly correlated with EFC-P-A

Symbol	Name	Market cap	Sector	Industry	Correlation
ASIC	Ategrity Specialty Holdings LLC	$969M	Financial Services	Insurance - Property & Casualty	-0.69
PROP	Prairie Operating Co. Common Stock	$81M	Energy	Oil & Gas E&p	-0.66
CMDB	Costamare Bulkers Holdings Ltd	$409M	Industrials	Marine Shipping	-0.65
BMGL	Basel Medical Group Ltd	$11M	Healthcare	Medical Care Facilities	-0.63
JLHL	Julong Holding Ltd - Class A	$457M	Industrials	Building Products & Equipment	-0.58
AMRZ	Amrize Ltd	$29B	Basic Materials	Building Materials	-0.58
DAIC	CID HoldCo Inc	$5.39M	Technology	Information Technology Services	-0.57
RNERU	Mount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt)	$125M	N/A	N/A	-0.56
FACTU	FACT II Acquisition Corp - Units (1 Ord Class A & 1/2 War)	$56M	Financial Services	Shell Companies	-0.54
RIBBU	Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)	$56M	Financial Services	Shell Companies	-0.54
CDTG	CDT Environmental Technology Investment Holdings Ltd	$3.77M	Industrials	Waste Management	-0.53
HBNB	Hotel101 Global Holdings Corp	$1.36B	Real Estate	Real Estate Services	-0.53
JBS	JBS N.V. - Class A	$14B	Consumer Defensive	Packaged Foods	-0.49
NOEM	CO2 Energy Transition Corp	$72M	Financial Services	Shell Companies	-0.49
SAFX	XCF Global Inc	$126M	Utilities	Utilities - Renewable	-0.48
TMDE	TMD Energy Ltd	$18M	Energy	Oil & Gas Midstream	-0.48
MCTR	CTRL Group Ltd	$15M	Communication Services	Advertising Agencies	-0.45
WGRX	Wellgistics Health Inc	$7.55M	Healthcare	Pharmaceutical Retailers	-0.44
IBIO	iBio Inc	$65M	Healthcare	Biotechnology	-0.43
LIONU	Lionheart III Corp - Units (1 Ord Share Class A & 1/2 War)	$113M	N/A	N/A	-0.43

ETFs that lowly correlated with EFC-P-A

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
BRKC	YIELDMAX(R) BRK.B OPTION INCOME STRATEGY ETF	$7.20M	1.01%	Jun 4, 2025	-0.88
MZZ	PROSHARES ULTRASHORT MIDCAP400	$734K	N/A	Jul 11, 2006	-0.85
MYY	PROSHARES SHORT MIDCAP400	$2.70M	0.95%	Jun 19, 2006	-0.84
TAPR	Barclays Bank PLC	$11M	0.79%	Mar 31, 2025	-0.83
DWSH	ADVISORSHARES DORSEY WRIGHT SHORT ETF	$9M	6.22%	Jul 10, 2018	-0.83
BRKW	ROUNDHILL BRKB WEEKLYPAY ETF	$16M	N/A	Jun 17, 2025	-0.82
SEF	ProShares Short Financials -1x Shares	$18M	0.95%	Jun 10, 2008	-0.82
SKF	ProShares UltraShort Financials -2x Shares	$16M	N/A	May 23, 2007	-0.82
HIBS	Direxion Daily S&P 500 High Beta Bear 3X Shares	$19M	N/A	Nov 7, 2019	-0.81
SDD	PROSHARES ULTRASHORT SMALLCAP600	$1.60M	N/A	Jan 23, 2007	-0.81
SBB	ProShares Short SmallCap600 -1x Shares	$4.10M	0.95%	Jan 23, 2007	-0.81
SJB	PROSHARES SHORT HIGH YIELD	$103M	0.95%	Mar 21, 2011	-0.81
SIJ	ProShares UltraShort Industrials -2x Shares	$6.20M	N/A	Jan 30, 2007	-0.80
DOG	PROSHARES SHORT DOW30	$111M	0.95%	Jun 19, 2006	-0.79
TWM	ProShares UltraShort Russell2000 -2x Shares	$47M	N/A	Jan 23, 2007	-0.79
SPDN	DIREXION DAILY S&P 500 (R) BEAR 1X SHARES	$220M	0.48%	Jun 8, 2016	-0.79
RWM	PROSHARES SHORT RUSSELL2000	$143M	0.95%	Jan 23, 2007	-0.79
SH	ProShares Short S&P500 -1x Shares	$1.20B	0.89%	Jun 19, 2006	-0.79
DXD	PROSHARES ULTRASHORT DOW30	$51M	N/A	Jul 11, 2006	-0.78
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	$37M	0.89%	Jan 17, 2018	-0.77
SDS	ProShares UltraShort S&P500 -2x Shares	$443M	N/A	Jul 11, 2006	-0.77
VIXM	ProShares VIX Mid-Term Futures ETF	$56M	0.92%	Jan 3, 2011	-0.77
EFU	ProShares UltraShort MSCI EAFE -2x Shares	$932K	N/A	Oct 23, 2007	-0.77
EFZ	ProShares Short MSCI EAFE -1X Shares	$16M	0.95%	Oct 23, 2007	-0.76
EMTY	ProShares Decline of the Retail Store ETF -1x Shares	$2.90M	0.65%	Nov 14, 2017	-0.76
EPV	ProShares UltraShort FTSE Europe -2X Shares	$14M	N/A	Jun 16, 2009	-0.76
HDGE	ADVISORSHARES RANGER EQUITY BEAR ETF	$66M	3.62%	Jan 26, 2011	-0.76
REK	PROSHARES SHORT REAL ESTATE	$12M	0.95%	Mar 16, 2010	-0.74
SDOW	ProShares UltraPro Short Dow30 -3x Shares	$180M	N/A	Feb 9, 2010	-0.74
DRIP	DIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES	$117M	N/A	May 28, 2015	-0.73
SMDD	ProShares UltraPro Short MidCap400 -3x Shares	$1.90M	N/A	Feb 9, 2010	-0.72
TNGY	TORTOISE ENERGY ETF	$600M	0.85%	Dec 27, 2010	-0.71
SRS	ProShares UltraShort Real Estate -2x Shares	$17M	N/A	Jan 30, 2007	-0.71
TAIL	CAMBRIA TAIL RISK ETF	$157M	0.59%	Apr 5, 2017	-0.71
SMN	ProShares UltraShort Materials	$3.10M	N/A	Jan 30, 2007	-0.70
BNKD	Bank of Montreal	$1.40M	N/A	Feb 20, 2025	-0.70
DUG	ProShares UltraShort Energy	$18M	N/A	Jan 30, 2007	-0.68
ERY	DIREXION DAILY ENERGY BEAR 2X SHARES	$40M	N/A	Nov 6, 2008	-0.68
EWV	ProShares UltraShort MSCI Japan -2x Shares	$7.20M	N/A	Nov 6, 2007	-0.67
SCC	ProShares UltraShort Consumer Discretionary	$6.20M	N/A	Jan 30, 2007	-0.67
AMDD	T-REX 2X INVERSE AMD DAILY TARGET ETF	$21M	1.03%	Feb 11, 2025	-0.67
QBER	TRUESHARES QUARTERLY BEAR HEDGE ETF	$62M	0.79%	Jun 28, 2024	-0.66
SCO	ProShares UltraShort Bloomberg Crude Oil -2x Shares	$1.10B	N/A	Nov 24, 2008	-0.65
SZK	ProShares UltraShort Consumer Staples	$4.70M	N/A	Jan 30, 2007	-0.65
PSQ	ProShares Short QQQ -1x Shares	$519M	0.95%	Jun 19, 2006	-0.64
EUM	ProShares Short MSCI Emerging Markets -1x Shares	$8.80M	0.95%	Oct 30, 2007	-0.64
EEV	ProShares UltraShort MSCI Emerging Markets -2x Shares	$6.10M	N/A	Oct 30, 2007	-0.63
OILD	Bank of Montreal	$19M	N/A	Nov 8, 2021	-0.63
SPXU	ProShares UltraPro Short S&P 500	$562M	N/A	Jun 23, 2009	-0.61
SRTY	ProShares UltraPro Short Russell2000 -3x Shares	$81M	N/A	Feb 9, 2010	-0.59
EDZ	DIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES	$37M	N/A	Dec 17, 2008	-0.59
PLTZ	Defiance Daily Target 2x Short PLTR ETF	$29M	N/A	Jun 5, 2025	-0.59
RFIX	Simplify Downside Interest Rate Hedge Strategy ETF	$56M	0.50%	Dec 9, 2024	-0.57
WEBS	DIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES	$10M	N/A	Nov 7, 2019	-0.57
REW	ProShares UltraShort Technology -2x Shares	$3.70M	N/A	Jan 30, 2007	-0.56
WTID	Bank of Montreal	$6.60M	N/A	Feb 16, 2023	-0.56
BZQ	ProShares UltraShort MSCI Brazil Capped ETF -2x Shares	$3M	N/A	Jun 16, 2009	-0.56
TSMZ	DIREXION DAILY TSM BEAR 1X SHARES	$2.70M	1.01%	Oct 2, 2024	-0.56
ODHY	OBRA DEFENSIVE HIGH YIELD ETF	$5.10M	0.50%	Jun 30, 2025	-0.55
YQQQ	YIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF	$14M	1.11%	Aug 14, 2024	-0.55
UVIX	2x Long VIX Futures ETF	$499M	N/A	Mar 28, 2022	-0.54
AUMI	THEMES GOLD MINERS ETF	$30M	0.35%	Dec 12, 2023	-0.53
DIPS	YIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF	$9.80M	1.05%	Jul 23, 2024	-0.52
AIBD	DIREXION DAILY AI AND BIG DATA BEAR 2X SHARES	$4.20M	N/A	May 15, 2024	-0.52
QQQD	DIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES	$23M	0.50%	Mar 6, 2024	-0.51
DEFR	APTUS DEFERRED INCOME ETF	$116M	0.79%	May 13, 2025	-0.51
NVDS	Tradr 1.5X Short NVDA Daily ETF	$23M	N/A	Jul 13, 2022	-0.51
RXD	ProShares UltraShort Health Care -2x Shares	$4.90M	N/A	Jan 30, 2007	-0.49
ETHD	ProShares UltraShort Ether ETF	$84M	N/A	Jun 6, 2024	-0.48
SLDR	GLOBAL X SHORT-TERM TREASURY LADDER ETF	$40M	0.12%	Sep 9, 2024	-0.48
FPAS	FPA SHORT DURATION GOVERNMENT ETF	$6.90M	0.10%	Oct 31, 2024	-0.47
QID	PROSHARES ULTRASHORT QQQ	$279M	N/A	Jul 11, 2006	-0.47
DRV	DIREXION DAILY REAL ESTATE BEAR 3X SHARES	$33M	N/A	Jul 16, 2009	-0.46
CSCL	Direxion Daily CSCO Bull 2X ETF	$5M	N/A	Jun 24, 2025	-0.46
MUNY	Vanguard New York TaxExempt Bond ETF	$372M	0.09%	May 20, 2025	-0.46
SDP	ProShares UltraShort Utilities -2x Shares	$4.60M	N/A	Jan 30, 2007	-0.46
IGME	BITWISE GME OPTION INCOME STRATEGY ETF	$1.30M	0.96%	Jun 9, 2025	-0.44
TUA	SIMPLIFY SHORT TERM TREASURY FUTURES STRATEGY ETF	$802M	0.25%	Nov 14, 2022	-0.43
MSDD	GRANITESHARES 2X SHORT MSTR DAILY ETF	$1M	N/A	Jun 9, 2025	-0.43
FNGD	Bank of Montreal	$68M	N/A	Jan 22, 2018	-0.43