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36 Stocks and 64 ETFs for diversifying Light & Wonder (LNW)

The least correlated asset to Light & Wonder (LNW) is company New Providence Acquisition Corp III (NPAC). The correlation is -0.691.

Stocks that lowly correlated with LNW

SymbolName
Market cap
SectorIndustry
Correlation
NPACNew Providence Acquisition Corp III - Class A$397MFinancial ServicesShell Companies-0.69
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.67
DAICCID HoldCo Inc$5.39MTechnologyInformation Technology Services-0.61
TVACWTexas Ventures Acquisition III Corp - Warrants (23/04/2030)$153MN/AN/A-0.57
TVATexas Ventures Acquisition III Corp - Class A$236MFinancial ServicesShell Companies-0.54
XRPNArmada Acquisition Corp II - Class A$328MFinancial ServicesShell Companies-0.52
ISOUIsoEnergy Ltd$662MEnergyUranium-0.51
AIIAmerican Integrity Insurance Group Inc$328MFinancial ServicesInsurance - Property & Casualty-0.51
PMTRPerimeter Acquisition Corp I - Class A$258MFinancial ServicesShell Companies-0.49
NVANova Minerals Ltd$296MBasic MaterialsOther Industrial Metals & Mining-0.48
SCAGScage Future$38MIndustrialsFarm & Heavy Construction Machinery-0.48
DFDVDeFi Development Corp$127MFinancial ServicesAsset Management-0.47
SDHISiddhi Acquisition Corp - Class A$287MFinancial ServicesShell Companies-0.47
HONDWHCM II Acquisition Corp. Warrant$202MN/AN/A-0.46
MENSJyong Biotech Ltd$164MHealthcareBiotechnology-0.46
CRAQCal Redwood Acquisition Corp$320MFinancial ServicesShell Companies-0.45
OMDAOmada Health Inc$975MHealthcareHealth Information Services-0.45
FTRKFast Track Group.$8.26MCommunication ServicesEntertainment-0.45
PELIRPelican Acquisition Corp$2.80MN/AN/A-0.43
IPEXInflection Point Acquisition Corp V - Class A$125MFinancial ServicesShell Companies-0.43
LOARLoar Holdings Inc$5.82BIndustrialsAerospace & Defense-0.42
IBTAIbotta Inc - Class A$819MTechnologySoftware - Application-0.41
JCAPJefferson Capital Inc$950MFinancial ServicesCredit Services-0.40
NCEWNew Century Logistics (BVI) Ltd$58MIndustrialsIntegrated Freight & Logistics-0.40
HONDUHCM II Acquisition Corp Unit$483MFinancial ServicesShell Companies-0.40
CEPTCantor Equity Partners II Inc - Class A$284MFinancial ServicesShell Companies-0.40
SXTP60 Degrees Pharmaceuticals Inc$3.72MHealthcareBiotechnology-0.39
RRRichtech Robotics Inc - Class B$645MIndustrialsSpecialty Industrial Machinery-0.39
CSAICloudastructure Inc - Class A$8.98MTechnologySoftware - Infrastructure-0.38
NOEMCO2 Energy Transition Corp$72MFinancial ServicesShell Companies-0.38
GAUZGauzy Ltd$12MTechnologyElectronic Components-0.38
LCCCRLakeshore Acquisition III Corp$500KN/AN/A-0.38
IPXXUUSA Rare Earth Inc - Units (1 Ord Class A & 1/2 Warr)$66MN/AN/A-0.37
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.37
ALPSAlpine Summit Energy Partners Inc$24MN/AOil & Gas-0.37
BMGLBasel Medical Group Ltd$11MHealthcareMedical Care Facilities-0.37

ETFs that lowly correlated with LNW

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.63
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.58
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.58
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.58
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.58
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.57
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.57
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.57
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.57
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.57
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.56
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.56
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.56
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.56
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.56
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.56
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.55
OKLLDefiance Daily Target 2x Long OKLO ETF$293MN/AJun 23, 2025-0.55
TSIIREX TSLA GROWTH & INCOME ETF $41MN/AJun 3, 2025-0.55
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.55
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.54
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.54
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.54
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.54
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.53
VGUSVanguard UltraShort Treasury ETF$931M0.07%Feb 10, 2025-0.52
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.52
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.52
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.52
OILDBank of Montreal$19MN/ANov 8, 2021-0.51
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.50
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.50
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.50
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.50
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.49
WTIDBank of Montreal$6.60MN/AFeb 16, 2023-0.49
ODHYOBRA DEFENSIVE HIGH YIELD ETF$5.10M0.50%Jun 30, 2025-0.49
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.49
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.48
PMMFiShares Prime Money Market ETF$547M0.20%Feb 4, 2025-0.47
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $40MN/ANov 6, 2008-0.46
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.46
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.46
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$1.10BN/ANov 24, 2008-0.46
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.44
GBUGSprott Active Gold & Silver Miners$164M0.90%Feb 19, 2025-0.44
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.43
GMMFiShares Government Money Market ETF$110M0.20%Feb 4, 2025-0.43
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.43
VTELVanguard LongTerm TaxExempt Bond ETF$259M0.09%May 20, 2025-0.42
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.42
VBILVanguard 03 Month Treasury Bill ETF$7.40B0.06%Feb 10, 2025-0.41
NVDSTradr 1.5X Short NVDA Daily ETF$23MN/AJul 13, 2022-0.41
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.41
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.41
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.40
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.40
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.40
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.40
GGOViShares Global Government Bond USD Hedged Active$44M0.39%Jun 25, 2025-0.39
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.39
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.38
RSSXRETURN STACKED(R) U.S. STOCKS & GOLD/BITCOIN ETF $65M0.67%May 29, 2025-0.38
YGLDSimplify Gold Strategy PLUS Income ETF$49M0.53%Dec 2, 2024-0.37