Skip to main content

Want a detailed portfolio tracker?

23 Stocks and 77 ETFs for diversifying Idex (IEX)

The least correlated asset to Idex (IEX) is ETF SIJ (ProShares UltraShort Industrials -2x Shares). The correlation is -0.7684.

Stocks that lowly correlated with IEX

SymbolName
Market cap
SectorIndustry
Correlation
MENSJyong Biotech Ltd$164MHealthcareBiotechnology-0.73
DGNXDiginex Ltd$31MIndustrialsConsulting Services-0.58
PVLAPalvella Therapeutics Inc$1.66BHealthcareBiotechnology-0.56
OMDAOmada Health Inc$975MHealthcareHealth Information Services-0.54
AIIAmerican Integrity Insurance Group Inc$328MFinancial ServicesInsurance - Property & Casualty-0.54
HNGEHinge Health Inc - Class A$4.21BHealthcareHealth Information Services-0.50
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.46
CHARRCharlton Aria Acquisition Corporation Rights$226KN/AN/A-0.46
BMGLBasel Medical Group Ltd$11MHealthcareMedical Care Facilities-0.46
TMDETMD Energy Ltd$18MEnergyOil & Gas Midstream-0.46
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.45
WETOWebus International Ltd$11MTechnologySoftware - Infrastructure-0.43
VSTAVasta Platform Ltd Class A$394MConsumer DefensiveEducation & Training Services-0.43
CAICaris Life Sciences Inc - Class A$4.35BHealthcareBiotechnology-0.43
SUPXSuper X AI Technology Ltd$299MTechnologySoftware - Infrastructure-0.43
INHDInno Holdings Inc$9.59MBasic MaterialsSteel-0.42
UBXGU-BX Technology Ltd$37MTechnologySoftware - Infrastructure-0.42
QETARQuetta Acquisition Corp$1.33MN/AN/A-0.42
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.40
CHARUCharlton Aria Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$21MFinancial ServicesShell Companies-0.38
WYTCWytec International Inc$18MCommunications EquipmentInformation Technology-0.38
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.38
FMFCKandal M Venture Ltd - Class A$6.81MConsumer CyclicalFootwear & Accessories-0.37

ETFs that lowly correlated with IEX

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.77
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.72
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.72
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.71
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.71
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.71
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.69
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.69
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.69
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.69
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.67
NFLWROUNDHILL NFLX WEEKLYPAY ETF $16MN/AJun 17, 2025-0.67
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.66
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.66
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.66
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.66
WZRDOpportunistic Trader ETF$3.90M1.00%Jun 24, 2025-0.65
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.62
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.62
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.62
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.61
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.61
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.61
PLTGLEVERAGE SHARES 2X LONG PLTR DAILY ETF $26MN/AApr 24, 2025-0.61
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.60
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.60
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.59
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.59
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.58
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.58
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.57
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.56
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.56
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.54
RXDProShares UltraShort Health Care -2x Shares$4.90MN/AJan 30, 2007-0.54
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.54
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.53
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.53
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.53
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.53
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.52
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.52
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.52
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.50
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.49
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.49
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.49
FPASFPA SHORT DURATION GOVERNMENT ETF $6.90M0.10%Oct 31, 2024-0.49
EDGF3EDGE DYNAMIC FIXED INCOME ETF $506M0.79%Oct 2, 2024-0.49
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.49
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.49
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.47
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.47
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.46
TIPDDirexion Daily TIPS Bear 2X Shares$4M0.10%Aug 18, 2025-0.46
MLDRGLOBAL X INTERMEDIATE-TERM TREASURY LADDER ETF $9.30M0.12%Sep 9, 2024-0.46
WTIDBank of Montreal$6.60MN/AFeb 16, 2023-0.45
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.44
SHRTGOTHAM SHORT STRATEGIES ETF $17M1.35%Jul 31, 2017-0.44
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $40MN/ANov 6, 2008-0.43
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.42
GGOViShares Global Government Bond USD Hedged Active$44M0.39%Jun 25, 2025-0.42
QIDPROSHARES ULTRASHORT QQQ $279MN/AJul 11, 2006-0.42
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.42
HOOYYIELDMAX(R) HOOD OPTION INCOME STRATEGY ETF $102M0.99%May 7, 2025-0.41
OILDBank of Montreal$19MN/ANov 8, 2021-0.40
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.40
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $19M1.05%May 1, 2024-0.39
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $14M1.11%Aug 14, 2024-0.39
FNGDBank of Montreal$68MN/AJan 22, 2018-0.39
CSCSDirexion Daily CSCO Bear 1X ETF$1.80M1.00%Jun 24, 2025-0.38
CAFXCONGRESS INTERMEDIATE BOND ETF $325M0.35%Sep 9, 2024-0.38
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $33MN/AJul 16, 2009-0.38
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $228M1.04%Sep 30, 2021-0.38
USINWISDOMTREE 7-10 YEAR LADDERED TREASURY FUND $4.50M0.15%Mar 12, 2024-0.37
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.37
IBTPISHARES IBONDS DEC 2034 TERM TREASURY ETF $267M0.07%Jun 11, 2024-0.37