Skip to main content

Want a detailed portfolio tracker?

41 Stocks and 59 ETFs for diversifying Enovix (ENVX)

The least correlated asset to Enovix (ENVX) is ETF XCOM (Ultra Communication Services Select Sector ETF). The correlation is -1.

Stocks that lowly correlated with ENVX

SymbolName
Market cap
SectorIndustry
Correlation
GLIBAGCI Liberty Inc - Class A$879MCommunication ServicesTelecom Services-0.76
OYSEOyster Enterprises II Acquisition Corp$268MFinancial ServicesShell Companies-0.67
ASICAtegrity Specialty Holdings LLC$1.08BFinancial ServicesInsurance - Property & Casualty-0.61
HBNBHotel101 Global Holdings Corp$1.31BReal EstateReal Estate Services-0.60
JCAPJefferson Capital Inc$1.06BFinancial ServicesCredit Services-0.53
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.51
TVAIThayer Ventures Acquisition Corporation II$208MFinancial ServicesShell Companies-0.51
LSBKLake Shore Bancorp Inc$134MFinancial ServicesBanks - Regional-0.51
PLBLPolibeli Group Ltd$2.84BConsumer CyclicalDepartment Stores-0.48
WGRXWellgistics Health Inc$6.79MHealthcarePharmaceutical Retailers-0.48
ALLAllstate Corp (The)$62BFinancial ServicesInsurance - Property & Casualty-0.47
PCLNPriceline.com Inc$906MN/AN/A-0.46
SOLEmeren Group Ltd American Depositary Shares, each representing 10 shares$100MTechnologySolar-0.43
FTRKFast Track Group.$9.53MCommunication ServicesEntertainment-0.43
THGHanover Insurance Group Inc$7.28BFinancial ServicesInsurance - Property & Casualty-0.43
PGRProgressive Corp$120BFinancial ServicesInsurance - Property & Casualty-0.42
CURXCuranex Pharmaceuticals Inc$6.11MHealthcareBiotechnology-0.42
HLNHaleon plc$44BHealthcareDrug Manufacturers - Specialty & Generic-0.42
EPWKEPWK Holdings Ltd - Class A$9.78KTechnologySoftware - Application-0.41
DLXYDelixy Holdings Ltd$7.64MEnergyOil & Gas Refining & Marketing-0.41
BOWBowhead Specialty Holdings Inc$982MFinancial ServicesInsurance - Property & Casualty-0.40
TAKTakeda Pharmaceutical Company$51BHealthcareDrug Manufacturers - Specialty & Generic-0.39
GRDNGuardian Pharmacy Services Inc$2.54BHealthcareMedical Care Facilities-0.39
JBSJBS N.V. - Class A$13BConsumer DefensivePackaged Foods-0.38
ARGOArgo Group International Holdings Ltd$1.06BN/AN/A-0.38
SAFTSafety Insurance Group Inc$1.06BFinancial ServicesInsurance - Property & Casualty-0.38
TRVTravelers Companies Inc$70BFinancial ServicesInsurance - Property & Casualty-0.37
TAT&T Inc$150BCommunication ServicesTelecom Services-0.37
SAFXXCF Global Inc$145MUtilitiesUtilities - Renewable-0.36
CNACNA Financial Corp$14BFinancial ServicesInsurance - Property & Casualty-0.36
DTSQDT Cloud Star Acquisition Corp$70MFinancial ServicesShell Companies-0.36
DGICADonegal Group Inc - Class A$666MFinancial ServicesInsurance - Property & Casualty-0.36
SCMASeaport Calibre Materials Acquisition Corp - Class A$169MN/AN/A-0.36
LMNXLuminex Corp$620MN/AN/A-0.36
SCAGScage Future$25MIndustrialsFarm & Heavy Construction Machinery-0.36
BLIVBeLive Holdings$27MTechnologySoftware - Application-0.35
AVBCAvidia Bancorp Inc$407MFinancial ServicesBanks - Regional-0.34
DGICBDonegal Group Inc - Class B$964MFinancial ServicesInsurance - Property & Casualty-0.34
FIHLFidelis Insurance Holdings Limited$2.40BFinancial ServicesInsurance - Diversified-0.34
AXSAxis Capital Holdings Ltd$8.19BFinancial ServicesInsurance - Specialty-0.33
BKTIBK Technologies Corp$309MTechnologyCommunication Equipment-0.33

ETFs that lowly correlated with ENVX

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
XCOMUltra Communication Services Select Sector ETF$384KN/AJun 2, 2026-1.00
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $13MN/AMar 31, 2025-0.64
FIYYGRANITESHARES YIELDBOOST 20Y+ TREASURIES ETF $732K1.07%May 4, 2026-0.64
SBILSimplify Government Money Market ETF$5B0.15%Jul 14, 2025-0.62
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $16M1.03%Feb 11, 2025-0.61
GLDWROUNDHILL GOLD WEEKLYPAY ETF $17MN/AOct 29, 2025-0.60
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.60
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.56
CONIGRANITESHARES 2X SHORT COIN DAILY ETF $16MN/ASep 4, 2024-0.56
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.56
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $35M1.05%Jul 9, 2024-0.55
AUSMAllspring Ultra Short Municipal ETF$31M0.18%Jul 7, 2025-0.54
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.54
BRKUDIREXION DAILY BRKB BULL 2X SHARES $45MN/ADec 10, 2024-0.53
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.52
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.52
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.52
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.51
JABSJANUS HENDERSON ASSET-BACKED SECURITIES ETF $135M0.33%Jul 22, 2025-0.50
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.49
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.49
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.48
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $61MN/AAug 21, 2023-0.46
BRKWROUNDHILL BRKB WEEKLYPAY ETF $16MN/AJun 17, 2025-0.45
MSFDDIREXION DAILY MSFT BEAR 1X SHARES $11M1.02%Sep 6, 2022-0.45
KBWPINVESCO KBW PROPERTY & CASUALTY INSURANCE ETF $267M0.35%Dec 2, 2010-0.45
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $19M1.01%Sep 12, 2023-0.44
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.44
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, 2025-0.44
NVDQT-REX 2X INVERSE NVIDIA DAILY TARGET ETF $22MN/AOct 18, 2023-0.44
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.44
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.43
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.43
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.43
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.43
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.43
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.43
GLDNNICHOLAS GOLD INCOME ETF $2.50M1.07%Feb 17, 2026-0.43
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.42
WNTRYieldMax Short MSTR Option Income Strategy ETF$81M1.00%Mar 26, 2025-0.42
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.42
ODHYOBRA DEFENSIVE HIGH YIELD ETF$5.10M0.50%Jun 30, 2025-0.41
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.41
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.40
SHRTGOTHAM SHORT STRATEGIES ETF $14M1.35%Jul 31, 2017-0.40
GXPEGLOBAL X PURECAP MSCI ENERGY ETF $1.20M0.15%Jul 22, 2025-0.37
ETHDProShares UltraShort Ether ETF$86MN/AJun 6, 2024-0.37
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.37
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.37
LDRTISHARES IBONDS 1-5 YEAR TREASURY LADDER ETF $132M0.07%Nov 7, 2024-0.36
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.36
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $14M0.96%Aug 8, 2022-0.36
IBTPISHARES IBONDS DEC 2034 TERM TREASURY ETF $277M0.07%Jun 11, 2024-0.35
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $10M1.02%Sep 6, 2022-0.35
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.34
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.34
TSLZT-REX 2X INVERSE TESLA DAILY TARGET ETF $31MN/AOct 18, 2023-0.33
TSDDGRANITESHARES 2X SHORT TSLA DAILY ETF $39MN/AAug 21, 2023-0.33
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.33