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25 Stocks and 75 ETFs for diversifying Formula Systems (1985) (FORTY)

The least correlated asset to Formula Systems (1985) (FORTY) is company Winchester Bancorp (WSBK). The correlation is -0.7122.

Stocks that lowly correlated with FORTY

SymbolName
Market cap
SectorIndustry
Correlation
WSBKWinchester Bancorp Inc$119MFinancial ServicesBanks - Regional-0.71
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.63
FRBNForbion European Acquisition Corp - Class A$343MFinancial ServicesShell Companies-0.61
KGKING PHARMACEUTICALS INC$85MFinancial ServicesInsurance - Reinsurance-0.60
GETGetnetAdquirencia e Servicos para Meios de Pagamento S.A. - Instituica$88MN/AN/A-0.54
TRUGTruGolf Holdings Inc - Class A$1.24MConsumer CyclicalLeisure-0.49
CHPGChampionsGate Acquisition Corp - Class A$77MFinancial ServicesShell Companies-0.48
STBXStarbox Group Holdings Ltd$1.14MCommunication ServicesInternet Content & Information-0.47
GSRMBitcoin Depot Inc - Class A$54MN/AN/A-0.46
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.44
SLGCSomaLogic Inc - Class A$393MHealthcareHealth Information Services-0.43
NAMMNamib Minerals.$77MBasic MaterialsGold-0.43
GDSTGoldenstone Acquisition Ltd$23MFinancial ServicesShell Companies-0.43
LNKSLinkers Industries Ltd - Class A$16MIndustrialsElectrical Equipment & Parts-0.42
XHLDTEN Holdings Inc$5.69MCommunication ServicesBroadcasting-0.42
IPCXInflection Point Acquisition Corp III - Class A$261MFinancial ServicesShell Companies-0.42
WTFWaton Financial Ltd$141MFinancial ServicesCapital Markets-0.41
ANLAdlai Nortye Ltd$317MHealthcareBiotechnology-0.41
CRAQCal Redwood Acquisition Corp$320MFinancial ServicesShell Companies-0.39
MLECMoolec Science SA$10MHealthcareBiotechnology-0.39
TOACUTalon 1 Acquisition Corp - Units (1 Ord Class A & 1/2 War)$143MN/AN/A-0.39
JBSJBS N.V. - Class A$14BConsumer DefensivePackaged Foods-0.38
FRBNUForbion European Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$316MN/AN/A-0.38
NCINeo Concept International Group Holdings Ltd$22MConsumer CyclicalApparel Manufacturing-0.37
AKUSAkouos Inc$490MN/AN/A-0.37

ETFs that lowly correlated with FORTY

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.20MN/AMay 15, 2024-0.64
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.64
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.64
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.64
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.63
TNGYTORTOISE ENERGY ETF $600M0.85%Dec 27, 2010-0.62
CONIGRANITESHARES 2X SHORT COIN DAILY ETF $17MN/ASep 4, 2024-0.61
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.61
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.60
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.60
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.59
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $39M1.05%Jul 9, 2024-0.59
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.59
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.59
PALDDirexion Daily PANW Bear 1X Shares$2.40M1.02%Feb 10, 2025-0.59
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.58
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.58
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.58
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.57
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $14M1.11%Aug 14, 2024-0.57
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.57
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.56
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.55
QIDPROSHARES ULTRASHORT QQQ $279MN/AJul 11, 2006-0.55
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.55
XOMXDirexion Daily XOM Bull 2X Shares$7.90MN/AApr 22, 2025-0.55
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.54
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.53
QCMDDirexion Daily QCOM Bear 1X ETF$2M1.00%Jun 24, 2025-0.53
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.53
PLTZDefiance Daily Target 2x Short PLTR ETF$29MN/AJun 5, 2025-0.52
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.52
ETHDProShares UltraShort Ether ETF$84MN/AJun 6, 2024-0.52
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $17M1.02%Sep 6, 2022-0.51
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $23M0.50%Mar 6, 2024-0.51
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.50
PLTDT-REX 2X INVERSE PLTR DAILY TARGET ETF $29M0.98%Dec 10, 2024-0.50
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.50
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.50
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.49
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.49
SETHProShares Short Ether ETF$16M0.95%Nov 1, 2023-0.49
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.47
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.47
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.47
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.47
AVSDIREXION DAILY AVGO BEAR 1X SHARES $6.90M1.03%Oct 9, 2024-0.46
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.46
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.46
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.45
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.45
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.45
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.45
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.45
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.44
BTCZT-REX 2X INVERSE BITCOIN DAILY TARGET ETF $26MN/AJul 9, 2024-0.44
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.44
GGLSDIREXION DAILY GOOGL BEAR 1X SHARES $17M1.02%Sep 6, 2022-0.44
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.44
RXDProShares UltraShort Health Care -2x Shares$4.90MN/AJan 30, 2007-0.43
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.43
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $19M1.05%May 1, 2024-0.43
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $40MN/ANov 6, 2008-0.43
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.43
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.42
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.42
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.42
FNGDBank of Montreal$68MN/AJan 22, 2018-0.42
SBITProShares UltraShort Bitcoin ETF$183MN/AApr 1, 2024-0.41
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.40
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.39
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.39
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.39
DIVNHORIZON DIVIDEND INCOME ETF $147M0.70%Jun 25, 2025-0.38
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.38