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19 Stocks and 81 ETFs for diversifying Ellington Financial (EFC)

The least correlated asset to Ellington Financial (EFC) is ETF GXPE (GLOBAL X PURECAP MSCI ENERGY ETF). The correlation is -0.7742.

Stocks that lowly correlated with EFC

SymbolName
Market cap
SectorIndustry
Correlation
NCINeo Concept International Group Holdings Ltd$48MConsumer CyclicalApparel Manufacturing-0.68
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.57
WSBKWinchester Bancorp Inc$121MFinancial ServicesBanks - Regional-0.56
PROPPrairie Operating Co. Common Stock$60MEnergyOil & Gas E&p-0.55
LNKSLinkers Industries Ltd - Class A$16MIndustrialsElectrical Equipment & Parts-0.52
BUUUBUUU Group Ltd - Class A$293MIndustrialsSpecialty Business Services-0.48
VNMEUVendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War)$52MFinancial ServicesShell Companies-0.48
ALMAlma Metals Limited$3.90BBasic MaterialsOther Industrial Metals & Mining-0.48
LPAAULaunch One Acquisition Corp - Units (1 Ord Class A & 1/2 War)$251MFinancial ServicesShell Companies-0.47
EQVEQV Ventures Acquisition Corp.$466MFinancial ServicesShell Companies-0.46
JMACUMaxpro Capital Acquisition Corp - Units (1 Ord Share Class A & 1 War)$150MN/AN/A-0.44
INRInfinity Natural Resources Inc - Class A$227MEnergyOil & Gas E&p-0.42
GROBrazil Potash Corp$121MBasic MaterialsOther Industrial Metals & Mining-0.41
IBACIB Acquisition Corp$46MFinancial ServicesShell Companies-0.41
HSPTRHorizon Space Acquisition II Corp Right$1MN/AN/A-0.40
NAMMNamib Minerals.$87MBasic MaterialsGold-0.40
APADEnhanced Group Inc - Class A$161MFinancial ServicesShell Companies-0.39
NYAXNayax Ltd$2.63BTechnologySoftware - Infrastructure-0.39
GTERUGloba Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts)$53MFinancial ServicesShell Companies-0.38

ETFs that lowly correlated with EFC

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
GXPEGLOBAL X PURECAP MSCI ENERGY ETF $1.20M0.15%Jul 22, 2025-0.77
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.76
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.74
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.74
XLEISTATE STREET(R) ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF$40M0.35%Jul 29, 2025-0.73
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.73
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.73
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.73
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.72
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.71
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.70
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.70
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.70
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.70
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.70
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.70
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.70
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.70
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.70
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.69
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.69
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.68
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.67
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.66
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.66
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.66
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.65
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.64
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.64
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.63
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.62
XOMXDirexion Daily XOM Bull 2X Shares$7.80MN/AApr 22, 2025-0.61
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.60
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.60
LMTLDirexion Daily LMT Bull 2X ETF$8.40MN/AAug 5, 2025-0.59
QCMDDirexion Daily QCOM Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.59
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.58
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.58
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $16M1.03%Feb 11, 2025-0.58
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.57
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.57
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.56
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.56
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.56
HFMFUNLIMITED HFMF MANAGED FUTURES ETF $22M0.97%Jul 14, 2025-0.55
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.55
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.53
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.52
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.51
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.51
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.51
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.50
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.50
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $14M0.96%Aug 8, 2022-0.50
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.49
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.49
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$895MN/ANov 24, 2008-0.48
BILTiShares Infrastructure Active ETF$32M0.60%Jul 29, 2025-0.47
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.46
WTIDBank of Montreal$18MN/AFeb 16, 2023-0.46
XLUISTATE STREET(R) UTILITIES SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $22M0.35%Jul 29, 2025-0.46
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.45
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.44
RIFRRUSSELL INVESTMENTS GLOBAL INFRASTRUCTURE ETF $43M0.59%May 13, 2025-0.44
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.44
DVUTWEBS Defined Volatility XLU ETF$273K0.89%Jul 22, 2025-0.43
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.42
HECAHEDGEYE CAPITAL ALLOCATION ETF $312M1.30%Jun 30, 2025-0.42
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3.20MN/AJun 16, 2009-0.42
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $176M0.50%May 10, 2021-0.41
OILDBank of Montreal$53MN/ANov 8, 2021-0.41
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.41
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $29MN/AJul 16, 2009-0.40
PALDDirexion Daily PANW Bear 1X Shares$1.80M1.02%Feb 10, 2025-0.40
USNGAMPLIFY SAMSUNG U.S. NATURAL GAS INFRASTRUCTURE ETF $7.40M0.59%May 19, 2025-0.40
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.39
IGMEBITWISE GME OPTION INCOME STRATEGY ETF $1.10M0.96%Jun 9, 2025-0.39
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.39
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.39
CSCSDirexion Daily CSCO Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.38
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.38