Overview Performance Dividends Metrics Financials ETFs Industry Splits Correlations

27 Stocks and 73 ETFs for diversifying Illinois Tool Works (ITW)

The least correlated asset to Illinois Tool Works (ITW) is ETF SIJ (ProShares UltraShort Industrials -2x Shares). The correlation is -0.7641.

Stocks that lowly correlated with ITW

Symbol	Name	Market cap	Sector	Industry	Correlation
SSEAU	Starry Sea Acquisition Corp - Units (1 Ord Shs & 1/6 Rts)	$19M	Financial Services	Shell Companies	-0.73
HCHL	Happy City Holdings Ltd - Class A	$59M	Consumer Cyclical	Restaurants	-0.70
CTW	CTW Cayman - Class A	$147M	Communication Services	Electronic Gaming & Multimedia	-0.66
DFSC	DEFSEC Technologies Inc Com	$3.99M	Industrials	Aerospace & Defense	-0.58
NMPAU	NMP Acquisition Corp - Units (1 Ord Cls A & 1 Rts)	$35M	Financial Services	Shell Companies	-0.55
SRTA	Strata Critical Medical Inc Cl A Com	$462M	Healthcare	Medical Care Facilities	-0.55
TWNP	Twin Hospitality Group Inc. Class A Common Stock	$4.08M	Consumer Cyclical	Restaurants	-0.54
BCAR	Bank of the Carolinas CORP	$303M	Financial Services	Shell Companies	-0.53
AAM	AA Mission Acquisition Corp.	$368M	Financial Services	Shell Companies	-0.51
YHNA	YHN Acquisition I Ltd	$63M	Financial Services	Shell Companies	-0.50
STRZ	Starz Entertainment Corp	$468M	Communication Services	Entertainment	-0.50
VCKAU	Scilex Holding Company - Units (1 Ord & 1/2 War)	$37M	N/A	N/A	-0.49
APADR	Enhanced Group Inc	$6.67M	N/A	N/A	-0.48
RDAC	Rising Dragon Acquisition Corp	$24M	Financial Services	Shell Companies	-0.47
AACT	Ares Acquisition Corporation II - Class A	$588M	Financial Services	Shell Companies	-0.47
BLSH	Bullish	$3.80B	Technology	Software - Infrastructure	-0.47
TVAIR	Thayer Ventures Acquisition Corporation II Rights	$166K	N/A	N/A	-0.46
CRCL	Circle Internet Group Inc - Class A	$16B	Financial Services	Capital Markets	-0.46
FLAC	Frazier Lifesciences Acquisition Corp - Class A	$175M	N/A	N/A	-0.46
BMGL	Basel Medical Group Ltd	$9.61M	Healthcare	Medical Care Facilities	-0.45
CDTG	CDT Environmental Technology Investment Holdings Ltd	$3.77M	Industrials	Waste Management	-0.45
WTGUU	Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)	$18M	Financial Services	Shell Companies	-0.45
TVAIU	Thayer Ventures Acquisition Corp II - Units (1 Ord Cls A & 1 Rts)	$9.15M	Financial Services	Shell Companies	-0.45
APUS	Apimeds Pharmaceuticals US Inc	$8.51M	Healthcare	Drug Manufacturers - Specialty & Generic	-0.44
CHACU	Crane Harbor Acquisition Corp - Units (1 Ord Cls A & 1 Rts)	$72M	Financial Services	Shell Companies	-0.43
UYSCU	UY Scuti Acquisition Corp - Units (1 Ord Shs & 1 Rts)	$56M	Financial Services	Shell Companies	-0.43
PLMKU	Plum Acquisition Corp IV - Units (1 Ord cls A & 1/2 Warr)	$213M	Financial Services	Shell Companies	-0.43

ETFs that lowly correlated with ITW

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
SIJ	ProShares UltraShort Industrials -2x Shares	$5.50M	N/A	Jan 30, 2007	-0.76
SMN	ProShares UltraShort Materials	$4.10M	N/A	Jan 30, 2007	-0.73
DOG	PROSHARES SHORT DOW30	$111M	0.95%	Jun 19, 2006	-0.71
DXD	PROSHARES ULTRASHORT DOW30	$46M	N/A	Jul 11, 2006	-0.71
MYY	PROSHARES SHORT MIDCAP400	$2.90M	0.95%	Jun 19, 2006	-0.71
MZZ	PROSHARES ULTRASHORT MIDCAP400	$2.40M	N/A	Jul 11, 2006	-0.69
SDOW	ProShares UltraPro Short Dow30 -3x Shares	$185M	N/A	Feb 9, 2010	-0.69
SEF	ProShares Short Financials -1x Shares	$14M	0.95%	Jun 10, 2008	-0.68
SKF	ProShares UltraShort Financials -2x Shares	$11M	N/A	May 23, 2007	-0.67
SBB	ProShares Short SmallCap600 -1x Shares	$3.30M	0.95%	Jan 23, 2007	-0.67
SKRE	TUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF	$5.20M	N/A	Jan 3, 2024	-0.65
MSFW	ROUNDHILL MSFT WEEKLYPAY ETF	$27M	N/A	Jul 23, 2025	-0.65
SDS	ProShares UltraShort S&P500 -2x Shares	$398M	N/A	Jul 11, 2006	-0.65
SDD	PROSHARES ULTRASHORT SMALLCAP600	$1.20M	N/A	Jan 23, 2007	-0.65
EFZ	ProShares Short MSCI EAFE -1X Shares	$12M	0.95%	Oct 23, 2007	-0.65
SPDN	DIREXION DAILY S&P 500 (R) BEAR 1X SHARES	$195M	0.48%	Jun 8, 2016	-0.64
SH	ProShares Short S&P500 -1x Shares	$973M	0.89%	Jun 19, 2006	-0.64
DWSH	ADVISORSHARES DORSEY WRIGHT SHORT ETF	$11M	6.22%	Jul 10, 2018	-0.64
EFU	ProShares UltraShort MSCI EAFE -2x Shares	$1.20M	N/A	Oct 23, 2007	-0.64
EMTY	ProShares Decline of the Retail Store ETF -1x Shares	$3M	0.65%	Nov 14, 2017	-0.63
EPV	ProShares UltraShort FTSE Europe -2X Shares	$13M	N/A	Jun 16, 2009	-0.63
TWM	ProShares UltraShort Russell2000 -2x Shares	$38M	N/A	Jan 23, 2007	-0.62
RWM	PROSHARES SHORT RUSSELL2000	$113M	0.95%	Jan 23, 2007	-0.62
BNKD	Bank of Montreal	$1.10M	N/A	Feb 20, 2025	-0.60
SJB	PROSHARES SHORT HIGH YIELD	$56M	0.95%	Mar 21, 2011	-0.60
CRCG	LEVERAGE SHARES 2X LONG CRCL DAILY ETF	$67M	N/A	Aug 8, 2025	-0.60
CCUP	T-REX 2X LONG CRCL DAILY TARGET ETF	$25M	N/A	Aug 8, 2025	-0.60
HDGE	ADVISORSHARES RANGER EQUITY BEAR ETF	$66M	3.62%	Jan 26, 2011	-0.60
HIBS	Direxion Daily S&P 500 High Beta Bear 3X Shares	$17M	N/A	Nov 7, 2019	-0.60
SZK	ProShares UltraShort Consumer Staples	$4.70M	N/A	Jan 30, 2007	-0.60
EWV	ProShares UltraShort MSCI Japan -2x Shares	$5.70M	N/A	Nov 6, 2007	-0.60
RBIL	F/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF	$139M	0.17%	Feb 24, 2025	-0.57
WTIP	WISDOMTREE INFLATION PLUS FUND	$21M	0.65%	Jun 16, 2025	-0.56
GLXU	T-REX 2X LONG GLXY DAILY TARGET ETF	$18M	N/A	Aug 7, 2025	-0.55
SPXU	ProShares UltraPro Short S&P 500	$427M	N/A	Jun 23, 2009	-0.55
REK	PROSHARES SHORT REAL ESTATE	$9.80M	0.95%	Mar 16, 2010	-0.55
SMDD	ProShares UltraPro Short MidCap400 -3x Shares	$1.90M	N/A	Feb 9, 2010	-0.54
VIXM	ProShares VIX Mid-Term Futures ETF	$40M	0.92%	Jan 3, 2011	-0.54
GLGG	LEVERAGE SHARES 2X LONG GLXY DAILY ETF	$2.80M	N/A	Aug 20, 2025	-0.53
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	$35M	0.89%	Jan 17, 2018	-0.53
BAIG	LEVERAGE SHARES 2X LONG BBAI DAILY ETF	$14M	N/A	Aug 20, 2025	-0.53
SCC	ProShares UltraShort Consumer Discretionary	$6.80M	N/A	Jan 30, 2007	-0.53
SRS	ProShares UltraShort Real Estate -2x Shares	$16M	N/A	Jan 30, 2007	-0.53
XLKI	STATE STREET(R) TECHNOLOGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF	$11M	0.35%	Jul 29, 2025	-0.51
TAIL	CAMBRIA TAIL RISK ETF	$147M	0.59%	Apr 5, 2017	-0.50
AMDW	ROUNDHILL AMD WEEKLYPAY ETF	$122M	N/A	Jul 23, 2025	-0.50
QCMU	Direxion Daily QCOM Bull 2X ETF	$30M	N/A	Jun 24, 2025	-0.50
DVXK	WEBs Defined Volatility XLK ETF	$8M	0.89%	Jul 22, 2025	-0.50
REW	ProShares UltraShort Technology -2x Shares	$2.80M	N/A	Jan 30, 2007	-0.49
QPUX	Defiance 2X Daily Long Pure Quantum ETF	$53M	N/A	Aug 6, 2025	-0.48
BCCC	GLOBAL X BITCOIN COVERED CALL ETF	$8.20M	0.75%	Jun 3, 2025	-0.48
EUM	ProShares Short MSCI Emerging Markets -1x Shares	$9.80M	0.95%	Oct 30, 2007	-0.48
EEV	ProShares UltraShort MSCI Emerging Markets -2x Shares	$2.60M	N/A	Oct 30, 2007	-0.48
COYY	GRANITESHARES YIELDBOOST COIN ETF	$21M	1.07%	Jul 28, 2025	-0.48
QGRD	HORIZON NASDAQ-100 DEFINED RISK ETF	$106M	0.85%	Jul 9, 2025	-0.48
PSQ	ProShares Short QQQ -1x Shares	$601M	0.95%	Jun 19, 2006	-0.47
GXPT	GLOBAL X PURECAP MSCI INFORMATION TECHNOLOGY ETF	$121M	0.15%	Jul 22, 2025	-0.47
TRUT	VANECK TECHNOLOGY TRUSECTOR ETF	$163M	0.14%	Aug 20, 2025	-0.46
NOWL	GRANITESHARES 2X LONG NOW DAILY ETF	$286M	N/A	Jul 14, 2025	-0.46
METD	DIREXION DAILY META BEAR 1X SHARES	$7.90M	1.02%	Jun 5, 2024	-0.46
NFLW	ROUNDHILL NFLX WEEKLYPAY ETF	$6.70M	N/A	Jun 17, 2025	-0.45
MSTW	ROUNDHILL MSTR WEEKLYPAY ETF	$33M	N/A	Jul 23, 2025	-0.45
UVIX	2x Long VIX Futures ETF	$290M	N/A	Mar 28, 2022	-0.45
UNHG	LEVERAGE SHARES 2X LONG UNH DAILY ETF	$121M	N/A	Jul 21, 2025	-0.45
RISR	FOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF	$274M	1.04%	Sep 30, 2021	-0.44
RXD	ProShares UltraShort Health Care -2x Shares	$3.20M	N/A	Jan 30, 2007	-0.44
AMZW	ROUNDHILL AMZN WEEKLYPAY ETF	$34M	N/A	Jun 17, 2025	-0.43
UXRP	ProShares Ultra XRP ETF	$27M	N/A	Jul 14, 2025	-0.43
BTAL	AGF U.S. MARKET NEUTRAL ANTI-BETA FUND	$283M	1.40%	Sep 13, 2011	-0.43
CBTY	Calamos Bitcoin 80 Series Structured Alt Protection ETF July	$11M	0.69%	Jul 7, 2025	-0.43
IVES	Wedbush ETFMG Global Cloud Technology ETF	$1.10B	0.75%	Jun 3, 2025	-0.43
EDZ	DIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES	$14M	N/A	Dec 17, 2008	-0.42
MSTP	GRANITESHARES 2X LONG MSTR DAILY ETF	$5.20M	N/A	Jun 9, 2025	-0.42