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High CorrelationLow Correlation

47 Stocks and 53 ETFs for diversifying IBEX (IBEX)

The least correlated asset to IBEX (IBEX) is company Emeren Group Ltd American Depositary Shares, each representing 10 shares (SOL). The correlation is -0.7487.

Stocks that lowly correlated with IBEX

SymbolName
Market cap
SectorIndustry
Correlation
SOLEmeren Group Ltd American Depositary Shares, each representing 10 shares$100MTechnologySolar-0.75
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.58
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.55
ANSCUAgriculture & Natural Solutions Acquisition Corp - Units (1 Ord Class A & 1/2 War)$88MFinancial ServicesShell Companies-0.49
IPCXInflection Point Acquisition Corp III - Class A$263MFinancial ServicesShell Companies-0.48
WSBKWinchester Bancorp Inc$121MFinancial ServicesBanks - Regional-0.48
JEM707 Cayman Holdings Ltd$3.49MConsumer CyclicalApparel Retail-0.48
PRDSPardes Biosciences Inc$129MN/AN/A-0.46
GSHRGesher Acquisition Corp II - Class A$157MFinancial ServicesShell Companies-0.45
DTSQDT Cloud Star Acquisition Corp$70MFinancial ServicesShell Companies-0.45
LWACLightWave Acquisition Corp - Class A$221MFinancial ServicesShell Companies-0.44
OMSEOMS Energy Technologies Inc$197MEnergyOil & Gas Equipment & Services-0.44
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.41
KCHVKochav Defense Acquisition Corp - Class A$263MFinancial ServicesShell Companies-0.40
GDSTGoldenstone Acquisition Ltd$23MFinancial ServicesShell Companies-0.39
MNRMach Natural Resources LP$2.20BEnergyOil & Gas E&p-0.39
ORKTOrangekloud Technology Inc - Class A$5.96MTechnologySoftware - Application-0.39
NCEWNew Century Logistics (BVI) Ltd$54MIndustrialsIntegrated Freight & Logistics-0.38
FRBNForbion European Acquisition Corp - Class A$343MFinancial ServicesShell Companies-0.38
NCINeo Concept International Group Holdings Ltd$48MConsumer CyclicalApparel Manufacturing-0.37
ANLAdlai Nortye Ltd$317MHealthcareBiotechnology-0.36
TACHTitan Acquisition Corp - Class A$288MFinancial ServicesShell Companies-0.36
CRECre8 Enterprise Ltd Class A$6.60MIndustrialsSpecialty Business Services-0.36
CRAQCal Redwood Acquisition Corp$320MFinancial ServicesShell Companies-0.35
FIGXFIGX Capital Acquisition Corp - Class A$159MFinancial ServicesShell Companies-0.35
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.35
RAYRaytech Holding Ltd$8.20MConsumer DefensiveHousehold & Personal Products-0.35
TRILTrillium Therapeutics Inc$2.05BN/AN/A-0.35
LNKSLinkers Industries Ltd - Class A$16MIndustrialsElectrical Equipment & Parts-0.34
SMTKSmartKem, Inc. Common Stock$4.23MTechnologySemiconductor Equipment & Materials-0.34
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.34
TFIN-PTriumph Financial Inc Depositary Shares Series C$531MFinancial ServicesBanks - Regional-0.33
ARTEUArtemis Strategic Investment Corp - Units (1 Ord Share Class A & 1/2 War)$263MN/AN/A-0.33
AACIWArmada Acquisition Corp I - Warrants (13/08/2026)$20MN/AN/A-0.33
EMBKEmbark Technology Inc - Class A$68MN/AN/A-0.33
STBXStarbox Group Holdings Ltd$1.14MCommunication ServicesInternet Content & Information-0.32
SLGCSomaLogic Inc - Class A$393MHealthcareHealth Information Services-0.32
INACUIndigo Acquisition Corp - Units (1 Ord Shs & 1 Rts)$34MFinancial ServicesShell Companies-0.32
EQVEQV Ventures Acquisition Corp.$466MFinancial ServicesShell Companies-0.31
FACTUFACT II Acquisition Corp - Units (1 Ord Class A & 1/2 War)$56MFinancial ServicesShell Companies-0.31
HTFBHorizon Technology Finance Corp$1.14BN/AN/A-0.30
ALMSAlumis Inc$3.60BHealthcareBiotechnology-0.30
BIAFBioAffinity Technologies Inc$3.25MHealthcareDiagnostics & Research-0.30
PTWOUSBC Medical Group Holdings Inc - Units (1 Ord Class A & 1 War)$1.13BN/AN/A-0.30
ETSElite Express Holding Inc - Class A$13MIndustrialsTrucking-0.29
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.29
GSRTUGSR III Acquisition Corp - Units (1 Ord Class A & 1/7 Rts)$467MN/AN/A-0.29

ETFs that lowly correlated with IBEX

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
BILTiShares Infrastructure Active ETF$32M0.60%Jul 29, 2025-0.63
RIFRRUSSELL INVESTMENTS GLOBAL INFRASTRUCTURE ETF $43M0.59%May 13, 2025-0.61
PALDDirexion Daily PANW Bear 1X Shares$1.80M1.02%Feb 10, 2025-0.58
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.57
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.53
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.52
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.51
PLTDT-REX 2X INVERSE PLTR DAILY TARGET ETF $47M0.98%Dec 10, 2024-0.46
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.46
GEVXTradr 2X Long GEV Daily ETF$52MN/AJul 10, 2025-0.44
TSLZT-REX 2X INVERSE TESLA DAILY TARGET ETF $31MN/AOct 18, 2023-0.44
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.42
XLUISTATE STREET(R) UTILITIES SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $22M0.35%Jul 29, 2025-0.42
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.41
BTCZT-REX 2X INVERSE BITCOIN DAILY TARGET ETF $30MN/AJul 9, 2024-0.40
QCMDDirexion Daily QCOM Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.40
CONIGRANITESHARES 2X SHORT COIN DAILY ETF $16MN/ASep 4, 2024-0.40
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.39
DVXPWEBs Defined Volatility XLP ETF$251K0.89%Jul 22, 2025-0.39
GXPEGLOBAL X PURECAP MSCI ENERGY ETF $1.20M0.15%Jul 22, 2025-0.39
TSDDGRANITESHARES 2X SHORT TSLA DAILY ETF $39MN/AAug 21, 2023-0.39
SBITProShares UltraShort Bitcoin ETF$219MN/AApr 1, 2024-0.39
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.38
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.38
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $16M1.05%May 1, 2024-0.38
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.38
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.37
DVUTWEBS Defined Volatility XLU ETF$273K0.89%Jul 22, 2025-0.37
ETHDProShares UltraShort Ether ETF$86MN/AJun 6, 2024-0.37
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.37
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.37
XOMXDirexion Daily XOM Bull 2X Shares$7.80MN/AApr 22, 2025-0.37
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.36
GLDNNICHOLAS GOLD INCOME ETF $2.50M1.07%Feb 17, 2026-0.36
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.36
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.35
GXPSGLOBAL X PURECAP MSCI CONSUMER STAPLES ETF $59M0.15%Jul 22, 2025-0.35
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.35
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $35M1.05%Jul 9, 2024-0.34
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.34
PLTZDefiance Daily Target 2x Short PLTR ETF$13MN/AJun 5, 2025-0.33
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.33
USNGAMPLIFY SAMSUNG U.S. NATURAL GAS INFRASTRUCTURE ETF $7.40M0.59%May 19, 2025-0.33
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.33
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.32
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.31
LSEQHARBOR LONG-SHORT EQUITY ETF $17M2.28%Dec 4, 2023-0.31
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.31
USOYDEFIANCE OIL ENHANCED OPTIONS INCOME ETF $56M1.12%May 9, 2024-0.31
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.30
RSBYRETURN STACKED(R) BONDS & FUTURES YIELD ETF $64M1.01%Aug 20, 2024-0.30
PIPEInvesco SteelPath MLP & Energy Infrastructure ETF$65M0.75%Feb 18, 2025-0.30
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.29