Overview Performance Dividends Metrics Financials ETFs Industry Correlations

19 Stocks and 81 ETFs for diversifying Diamondback Energy (FANG)

The least correlated asset to Diamondback Energy (FANG) is ETF DUG (ProShares UltraShort Energy). The correlation is -0.8641.

Stocks that lowly correlated with FANG

Symbol	Name	Market cap	Sector	Industry	Correlation
CTWO	COtwo Advisors Physical European Carbon Allowance Trust	$1.73M	N/A	N/A	-0.78
CHPGR	ChampionsGate Acquisition Corp	$257K	N/A	N/A	-0.67
DGNX	Diginex Ltd	$31M	Industrials	Consulting Services	-0.66
BUSEP	First Busey Corp	$2.18B	Financial Services	Banks - Regional	-0.63
WGRX	Wellgistics Health Inc	$7.55M	Healthcare	Pharmaceutical Retailers	-0.61
LHSW	Lianhe Sowell International Group Ltd	$9.40M	Technology	Software - Infrastructure	-0.61
FIGXU	FIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War)	$35M	Financial Services	Shell Companies	-0.54
FVNNR	Future Vision II Acquisition Corporation Right	$198K	N/A	N/A	-0.53
LGPS	LogProstyle Inc	$16M	Industrials	Conglomerates	-0.52
BGM	Qilian International Holding Group Ltd - Class A	$7.45M	Healthcare	Drug Manufacturers - Specialty & Generic	-0.52
ZSPC	Zspace Inc	$2.96M	Technology	Computer Hardware	-0.51
GLXY	Galaxy Digital	$5.92B	Financial Services	Capital Markets	-0.49
CAI	Caris Life Sciences Inc - Class A	$4.35B	Healthcare	Biotechnology	-0.48
HONDW	HCM II Acquisition Corp. Warrant	$202M	N/A	N/A	-0.47
AZI	Autozi Internet Technology (Global) Ltd - Class A	$9.05M	Consumer Cyclical	Auto & Truck Dealerships	-0.47
PMTW	Pennymac Mortgage Investment Trust	$2.23B	N/A	N/A	-0.47
IBG	Innovation Beverage Group Ltd	$1.22M	Consumer Defensive	Beverages - Wineries & Distilleries	-0.46
AOMD	Angel Oak Mortgage REIT Inc	$622M	N/A	N/A	-0.45
NEE-P-U	NextEra Energy Inc Series U Junior Subordinated Debentures due June 1 2085	$53B	N/A	N/A	-0.45

ETFs that lowly correlated with FANG

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
DUG	ProShares UltraShort Energy	$18M	N/A	Jan 30, 2007	-0.86
DRIP	DIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES	$117M	N/A	May 28, 2015	-0.84
OILD	Bank of Montreal	$19M	N/A	Nov 8, 2021	-0.84
WTID	Bank of Montreal	$6.60M	N/A	Feb 16, 2023	-0.76
SCO	ProShares UltraShort Bloomberg Crude Oil -2x Shares	$1.10B	N/A	Nov 24, 2008	-0.74
HBDC	Hilton BDC Corporate Bond ETF	$86M	0.39%	Jun 10, 2025	-0.72
ERY	DIREXION DAILY ENERGY BEAR 2X SHARES	$40M	N/A	Nov 6, 2008	-0.71
RSSX	RETURN STACKED(R) U.S. STOCKS & GOLD/BITCOIN ETF	$65M	0.67%	May 29, 2025	-0.70
MTRA	INVESCO INTERNATIONAL GROWTH FOCUS ETF	$142M	0.54%	Jun 11, 2025	-0.69
TJUN	FT Vest Emerging Markets Buffer ETF June	$2.30M	0.95%	Jun 18, 2025	-0.69
VGMS	Vanguard MultiSector Income Bond ETF	$215M	0.30%	Jun 9, 2025	-0.66
KMLI	KraneShares 2x Long MELI Daily ETF	$6.50M	N/A	Apr 4, 2025	-0.65
DWSH	ADVISORSHARES DORSEY WRIGHT SHORT ETF	$9M	6.22%	Jul 10, 2018	-0.64
BSJX	Invesco BulletShares 2033 High Yield Corporate Bond ETF	$10M	0.42%	Jun 11, 2025	-0.62
HOOW	ROUNDHILL HOOD WEEKLYPAY ETF	$113M	N/A	Jun 17, 2025	-0.61
OKLL	Defiance Daily Target 2x Long OKLO ETF	$293M	N/A	Jun 23, 2025	-0.61
SBB	ProShares Short SmallCap600 -1x Shares	$4.10M	0.95%	Jan 23, 2007	-0.60
HIBS	Direxion Daily S&P 500 High Beta Bear 3X Shares	$19M	N/A	Nov 7, 2019	-0.60
SDD	PROSHARES ULTRASHORT SMALLCAP600	$1.60M	N/A	Jan 23, 2007	-0.60
MZZ	PROSHARES ULTRASHORT MIDCAP400	$734K	N/A	Jul 11, 2006	-0.59
MYY	PROSHARES SHORT MIDCAP400	$2.70M	0.95%	Jun 19, 2006	-0.59
INVG	GMO SYSTEMATIC INVESTMENT GRADE CREDIT ETF	$28M	0.25%	Jun 3, 2025	-0.59
BNKD	Bank of Montreal	$1.40M	N/A	Feb 20, 2025	-0.58
TAIL	CAMBRIA TAIL RISK ETF	$157M	0.59%	Apr 5, 2017	-0.58
CPSU	Calamos S&P 500 Structured Alt Protection ETF June	$13M	0.69%	Jun 2, 2025	-0.58
ZJUN	Innovator Equity Defined Protection ETF 1 Yr June	$34M	0.79%	May 30, 2025	-0.58
RWM	PROSHARES SHORT RUSSELL2000	$143M	0.95%	Jan 23, 2007	-0.56
TWM	ProShares UltraShort Russell2000 -2x Shares	$47M	N/A	Jan 23, 2007	-0.56
EXUS	MACQUARIE FOCUSED INTERNATIONAL CORE ETF	$68M	0.59%	Jun 17, 2025	-0.55
SEF	ProShares Short Financials -1x Shares	$18M	0.95%	Jun 10, 2008	-0.54
AGGA	EA ASTORIA DYNAMIC CORE US FIXED INCOME ETF	$76M	0.55%	Apr 30, 2025	-0.54
CGIB	CAPITAL GROUP INTERNATIONAL BOND ETF (USD-HEDGED) SHARE CLASS	$234M	0.45%	Jun 25, 2024	-0.53
TAPR	Barclays Bank PLC	$11M	0.79%	Mar 31, 2025	-0.53
SKF	ProShares UltraShort Financials -2x Shares	$16M	N/A	May 23, 2007	-0.52
KNRG	Simplify Kayne Anderson Energy and Infrastructure Credit ETF	$145M	0.76%	May 27, 2025	-0.52
PVEX	TRUESHARES CONVEQUITY ETF	$55M	0.82%	Jun 27, 2025	-0.52
LCOW	PACER S&P 500 QUALITY FCF ARISTOCRATS ETF	$23M	0.49%	May 6, 2025	-0.52
SFTY	HORIZON MANAGED RISK ETF	$370M	0.77%	Jun 25, 2025	-0.52
SPYA	Twin Oak Endure ETF	$127M	0.49%	Jun 2, 2025	-0.52
SMN	ProShares UltraShort Materials	$3.10M	N/A	Jan 30, 2007	-0.52
USSH	WISDOMTREE 1-3 YEAR LADDERED TREASURY FUND	$23M	0.15%	Mar 12, 2024	-0.51
FPAS	FPA SHORT DURATION GOVERNMENT ETF	$6.90M	0.10%	Oct 31, 2024	-0.51
STOX	HORIZON CORE EQUITY ETF	$132M	0.70%	Jun 25, 2025	-0.51
BSCZ	Invesco BulletShares 2035 Corporate Bond ETF	$234M	0.10%	Jun 11, 2025	-0.51
XRPI	Volatility Shares Trust XRP ETF	$110M	0.94%	May 22, 2025	-0.51
BUFX	FT Vest Laddered Enhance & Moderate Buffer ETF	$12M	0.96%	Jun 24, 2025	-0.50
BUFH	FT Vest Laddered Max Buffer ETF	$53M	0.95%	Jun 24, 2025	-0.50
NUSB	NUVEEN ULTRA SHORT INCOME ETF	$157M	0.17%	Mar 5, 2024	-0.50
HOOY	YIELDMAX(R) HOOD OPTION INCOME STRATEGY ETF	$102M	0.99%	May 7, 2025	-0.50
BLOX	NICHOLAS CRYPTO INCOME ETF	$268M	0.99%	Jun 16, 2025	-0.50
HDGE	ADVISORSHARES RANGER EQUITY BEAR ETF	$66M	3.62%	Jan 26, 2011	-0.50
FGSI	FT Vest Growth Strength & Target Income ETF	$3M	0.85%	Jun 25, 2025	-0.50
XRPT	Volatility Shares Trust XRP 2X ETF	$71M	N/A	May 22, 2025	-0.50
DOG	PROSHARES SHORT DOW30	$111M	0.95%	Jun 19, 2006	-0.50
QQHG	Invesco QQQ Hedged Advantage ETF	$13M	0.45%	May 5, 2025	-0.50
SIJ	ProShares UltraShort Industrials -2x Shares	$6.20M	N/A	Jan 30, 2007	-0.49
MUNY	Vanguard New York TaxExempt Bond ETF	$372M	0.09%	May 20, 2025	-0.49
BFRZ	Innovator Equity Managed 100 Buffer ETF	$124M	0.89%	May 12, 2025	-0.49
DXD	PROSHARES ULTRASHORT DOW30	$51M	N/A	Jul 11, 2006	-0.49
IVES	Wedbush ETFMG Global Cloud Technology ETF	$997M	0.75%	Jun 3, 2025	-0.49
EFZ	ProShares Short MSCI EAFE -1X Shares	$16M	0.95%	Oct 23, 2007	-0.48
HGRO	HEDGEYE QUALITY GROWTH ETF	$97M	0.70%	Jun 10, 2025	-0.48
EMTY	ProShares Decline of the Retail Store ETF -1x Shares	$2.90M	0.65%	Nov 14, 2017	-0.48
EPV	ProShares UltraShort FTSE Europe -2X Shares	$14M	N/A	Jun 16, 2009	-0.48
EFU	ProShares UltraShort MSCI EAFE -2x Shares	$932K	N/A	Oct 23, 2007	-0.48
LDRX	SGI ENHANCED MARKET LEADERS ETF	$232M	0.59%	May 2, 2025	-0.47
SCHQ	SCHWAB LONG-TERM U.S. TREASURY ETF	$897M	0.03%	Oct 9, 2019	-0.47
KMAY	Innovator U.S. Small Cap Power Buffer ETF May	$14M	0.79%	Apr 30, 2025	-0.47
GOVT	ISHARES U.S. TREASURY BOND ETF	$41B	0.05%	Feb 14, 2012	-0.46
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	$37M	0.89%	Jan 17, 2018	-0.46
SDOW	ProShares UltraPro Short Dow30 -3x Shares	$180M	N/A	Feb 9, 2010	-0.46
GOVI	INVESCO EQUAL WEIGHT 0-30 YEAR TREASURY ETF	$1.20B	0.15%	Oct 11, 2007	-0.45
SRTY	ProShares UltraPro Short Russell2000 -3x Shares	$81M	N/A	Feb 9, 2010	-0.45
AMZW	ROUNDHILL AMZN WEEKLYPAY ETF	$41M	N/A	Jun 17, 2025	-0.45
VTEL	Vanguard LongTerm TaxExempt Bond ETF	$259M	0.09%	May 20, 2025	-0.45
SJB	PROSHARES SHORT HIGH YIELD	$103M	0.95%	Mar 21, 2011	-0.45
CBXA	Calamos Bitcoin 90 Series Structured Alt Protection ETF April	$4.50M	0.69%	Apr 7, 2025	-0.45
SPDN	DIREXION DAILY S&P 500 (R) BEAR 1X SHARES	$220M	0.48%	Jun 8, 2016	-0.44
TLH	ISHARES 10-20 YEAR TREASURY BOND ETF	$12B	0.15%	Jan 5, 2007	-0.44
SH	ProShares Short S&P500 -1x Shares	$1.20B	0.89%	Jun 19, 2006	-0.44
VIXM	ProShares VIX Mid-Term Futures ETF	$56M	0.92%	Jan 3, 2011	-0.44