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High CorrelationLow Correlation

26 Stocks and 74 ETFs for diversifying Gates Industrial (GTES)

The least correlated asset to Gates Industrial (GTES) is ETF MYY (PROSHARES SHORT MIDCAP400). The correlation is -0.7448.

Stocks that lowly correlated with GTES

SymbolName
Market cap
SectorIndustry
Correlation
HBNBHotel101 Global Holdings Corp$1.31BReal EstateReal Estate Services-0.56
DHCADHC Acquisition Corp - Class A$16MN/AN/A-0.55
PLBLPolibeli Group Ltd$2.84BConsumer CyclicalDepartment Stores-0.55
RNERUMount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt)$125MN/AN/A-0.55
MAMKMaxsMaking Inc - Class A$195MIndustrialsConglomerates-0.53
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.52
JCAPJefferson Capital Inc$1.06BFinancial ServicesCredit Services-0.51
FIGXUFIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$35MFinancial ServicesShell Companies-0.51
LHAILinkhome Holdings Inc$19MReal EstateReal Estate Services-0.50
MHMcGraw Hill Inc$1.95BConsumer DefensiveEducation & Training Services-0.49
PXDTPixie Dust Technologies Inc$8.62MTechnologyConsumer Electronics-0.49
OYSEOyster Enterprises II Acquisition Corp$268MFinancial ServicesShell Companies-0.49
CHACUCrane Harbor Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$72MFinancial ServicesShell Companies-0.47
CTWCTW Cayman - Class A$147MCommunication ServicesElectronic Gaming & Multimedia-0.47
NTWOUNewbury Street II Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$184MFinancial ServicesShell Companies-0.46
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.46
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.46
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.46
THHTryHard Holdings Ltd$12MIndustrialsSpecialty Business Services-0.45
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.44
NIQNIQ Global Intelligence plc$3.24BN/AN/A-0.42
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.40
MCACUConnectM Technology Solutions Inc - Units (1 Ord Class A 1 War & 1 Right)$70MFinancial ServicesShell Companies-0.39
PLMKUPlum Acquisition Corp IV - Units (1 Ord cls A & 1/2 Warr)$213MFinancial ServicesShell Companies-0.38
MAGHMagnitude International Ltd$230MIndustrialsEngineering & Construction-0.38
LIONULionheart III Corp - Units (1 Ord Share Class A & 1/2 War)$113MN/AN/A-0.38

ETFs that lowly correlated with GTES

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.74
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.74
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.73
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.72
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.72
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.72
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.72
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.71
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.70
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.70
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.69
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.67
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.67
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.67
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.67
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.67
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.66
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.65
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.65
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.64
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.64
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.64
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.64
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $13MN/AMar 31, 2025-0.63
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.62
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.62
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.62
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.61
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.61
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.61
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.60
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.60
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.59
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.59
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.58
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.57
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.57
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.56
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.54
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.54
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.54
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.54
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.53
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.52
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.51
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.50
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.50
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.50
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.49
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.49
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.49
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.48
OILDBank of Montreal$53MN/ANov 8, 2021-0.47
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.46
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.46
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $61MN/AAug 21, 2023-0.46
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.46
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.45
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.45
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$895MN/ANov 24, 2008-0.45
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.44
NTRLFirst Trust Equity Market Neutral ETF$19M0.95%Feb 4, 2020-0.44
WTIPWISDOMTREE INFLATION PLUS FUND $21M0.65%Jun 16, 2025-0.43
NVDQT-REX 2X INVERSE NVIDIA DAILY TARGET ETF $22MN/AOct 18, 2023-0.43
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $19M1.01%Sep 12, 2023-0.43
WTIDBank of Montreal$18MN/AFeb 16, 2023-0.43
SHPUDIREXION DAILY SHOP BULL 2X ETF $15MN/AAug 5, 2025-0.42
SHRTGOTHAM SHORT STRATEGIES ETF $14M1.35%Jul 31, 2017-0.41
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.41
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.41
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.40
CXRNTEUCRIUM 2X DAILY CORN ETF $4MN/ADec 12, 2024-0.39
RBILF/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF $139M0.17%Feb 24, 2025-0.39
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.38