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High CorrelationLow Correlation

48 Stocks and 52 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 -0.7727.

Stocks that lowly correlated with IBEX

SymbolName
Market cap
SectorIndustry
Correlation
SOLEmeren Group Ltd American Depositary Shares, each representing 10 shares$100MTechnologySolar-0.77
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.66
GSHRGesher Acquisition Corp II - Class A$155MFinancial ServicesShell Companies-0.58
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.58
IPCXInflection Point Acquisition Corp III - Class A$261MFinancial ServicesShell Companies-0.56
JEM707 Cayman Holdings Ltd$1.99MConsumer CyclicalApparel Retail-0.54
CRAQCal Redwood Acquisition Corp$320MFinancial ServicesShell Companies-0.50
WSBKWinchester Bancorp Inc$119MFinancial ServicesBanks - Regional-0.49
ANSCUAgriculture & Natural Solutions Acquisition Corp - Units (1 Ord Class A & 1/2 War)$86MFinancial ServicesShell Companies-0.49
OMSEOMS Energy Technologies Inc$201MEnergyOil & Gas Equipment & Services-0.48
PRDSPardes Biosciences Inc$129MN/AN/A-0.46
DTSQDT Cloud Star Acquisition Corp$70MFinancial ServicesShell Companies-0.45
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.45
MNRMach Natural Resources LP$2.26BEnergyOil & Gas E&p-0.40
GDSTGoldenstone Acquisition Ltd$23MFinancial ServicesShell Companies-0.39
TACHTitan Acquisition Corp - Class A$286MFinancial ServicesShell Companies-0.38
FRBNForbion European Acquisition Corp - Class A$343MFinancial ServicesShell Companies-0.38
NCINeo Concept International Group Holdings Ltd$22MConsumer CyclicalApparel Manufacturing-0.37
ORKTOrangekloud Technology Inc - Class A$6.25MTechnologySoftware - Application-0.37
ANLAdlai Nortye Ltd$317MHealthcareBiotechnology-0.37
NCEWNew Century Logistics (BVI) Ltd$58MIndustrialsIntegrated Freight & Logistics-0.36
RAYRaytech Holding Ltd$9.91MConsumer DefensiveHousehold & Personal Products-0.36
TRILTrillium Therapeutics Inc$2.05BN/AN/A-0.34
AACIWArmada Acquisition Corp I - Warrants (13/08/2026)$20MN/AN/A-0.34
ASICAtegrity Specialty Holdings LLC$969MFinancial ServicesInsurance - Property & Casualty-0.33
LNKSLinkers Industries Ltd - Class A$16MIndustrialsElectrical Equipment & Parts-0.33
ARTEUArtemis Strategic Investment Corp - Units (1 Ord Share Class A & 1/2 War)$263MN/AN/A-0.33
ALMSAlumis Inc$2.67BHealthcareBiotechnology-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
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.32
EQVEQV Ventures Acquisition Corp.$466MFinancial ServicesShell Companies-0.31
TMDETMD Energy Ltd$18MEnergyOil & Gas Midstream-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
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.30
PTWOUSBC Medical Group Holdings Inc - Units (1 Ord Class A & 1 War)$1.13BN/AN/A-0.30
STAKStak Inc$17MEnergyOil & Gas Equipment & Services-0.30
BIAFBioAffinity Technologies Inc$7.42MHealthcareDiagnostics & Research-0.29
GSRTUGSR III Acquisition Corp - Units (1 Ord Class A & 1/7 Rts)$467MN/AN/A-0.29
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.29
GDSTRGoldenstone Acquisition Ltd$154KN/AN/A-0.29
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.29
FVNFuture Vision II Acquisition Corporation$62MFinancial ServicesShell Companies-0.28
CHPGChampionsGate Acquisition Corp - Class A$77MFinancial ServicesShell Companies-0.28
UBXGU-BX Technology Ltd$37MTechnologySoftware - Infrastructure-0.27
ESOAEnergy Services of America Corp$308MIndustrialsEngineering & Construction-0.27

ETFs that lowly correlated with IBEX

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.69
PALDDirexion Daily PANW Bear 1X Shares$2.40M1.02%Feb 10, 2025-0.68
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.20MN/AMay 15, 2024-0.56
QCMDDirexion Daily QCOM Bear 1X ETF$2M1.00%Jun 24, 2025-0.53
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $23M0.50%Mar 6, 2024-0.51
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.51
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $14M1.11%Aug 14, 2024-0.50
TNGYTORTOISE ENERGY ETF $600M0.85%Dec 27, 2010-0.47
PLTDT-REX 2X INVERSE PLTR DAILY TARGET ETF $29M0.98%Dec 10, 2024-0.47
AVSDIREXION DAILY AVGO BEAR 1X SHARES $6.90M1.03%Oct 9, 2024-0.45
TSLZT-Rex 2X Inverse Tesla Daily Target ETF$46MN/AOct 18, 2023-0.44
XOMXDirexion Daily XOM Bull 2X Shares$7.90MN/AApr 22, 2025-0.41
BTCZT-REX 2X INVERSE BITCOIN DAILY TARGET ETF $26MN/AJul 9, 2024-0.40
SBITProShares UltraShort Bitcoin ETF$183MN/AApr 1, 2024-0.39
TSDDGRANITESHARES 2X SHORT TSLA DAILY ETF $42MN/AAug 21, 2023-0.39
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.39
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.39
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $19M1.05%May 1, 2024-0.38
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.38
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.38
CONIGRANITESHARES 2X SHORT COIN DAILY ETF $17MN/ASep 4, 2024-0.38
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.38
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.38
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.37
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.35
ETHDProShares UltraShort Ether ETF$84MN/AJun 6, 2024-0.35
USOYDEFIANCE OIL ENHANCED OPTIONS INCOME ETF $76M1.12%May 9, 2024-0.35
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.34
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.34
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.34
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.33
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.33
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $39M1.05%Jul 9, 2024-0.32
METDDIREXION DAILY META BEAR 1X SHARES $8.60M1.02%Jun 5, 2024-0.32
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.32
REFAINVESCO INTERNATIONAL REVENUE ETF$5.40M0.32%Dec 11, 2025-0.32
PLTZDefiance Daily Target 2x Short PLTR ETF$29MN/AJun 5, 2025-0.31
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.31
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.31
OILTTexas Capital Texas Oil Index ETF$15M0.35%Dec 20, 2023-0.30
RSBYRETURN STACKED(R) BONDS & FUTURES YIELD ETF $78M1.01%Aug 20, 2024-0.30
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.30
USEUSCF ENERGY COMMODITY STRATEGY ABSOLUTE RETURN FUND $2.60M0.79%May 3, 2023-0.30
EIPIFT ENERGY INCOME PARTNERS ENHANCED INCOME ETF $1.10B1.11%Sep 27, 2011-0.30
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.29
XOMOYIELDMAX(R) XOM OPTION INCOME STRATEGY ETF $30M1.17%Aug 30, 2023-0.29
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.29
LSEQHARBOR LONG-SHORT EQUITY ETF $15M2.28%Dec 4, 2023-0.29
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.28
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.27
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.27
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.27