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34 Stocks and 66 ETFs for diversifying Macy`s (M)

The least correlated asset to Macy`s (M) is ETF HIBS (Direxion Daily S&P 500 High Beta Bear 3X Shares). The correlation is -0.6405.

Stocks that lowly correlated with M

SymbolName
Market cap
SectorIndustry
Correlation
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.60
EMPDEmpery Digital Inc$98MConsumer CyclicalAuto Manufacturers-0.58
OMSEOMS Energy Technologies Inc$197MEnergyOil & Gas Equipment & Services-0.57
IPCXInflection Point Acquisition Corp III - Class A$263MFinancial ServicesShell Companies-0.56
INACIndigo Acquisition Corp$118MFinancial ServicesShell Companies-0.55
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.53
CTWCTW Cayman - Class A$147MCommunication ServicesElectronic Gaming & Multimedia-0.53
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$18MFinancial ServicesShell Companies-0.52
CRECre8 Enterprise Ltd Class A$6.60MIndustrialsSpecialty Business Services-0.49
TFIN-PTriumph Financial Inc Depositary Shares Series C$531MFinancial ServicesBanks - Regional-0.48
TGEGeneration Essentials Group - Class A$370MFinancial ServicesAsset Management-0.48
BLSHBullish$3.80BTechnologySoftware - Infrastructure-0.48
RAYRaytech Holding Ltd$8.20MConsumer DefensiveHousehold & Personal Products-0.47
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.47
ETSElite Express Holding Inc - Class A$13MIndustrialsTrucking-0.47
CRCLCircle Internet Group Inc - Class A$16BFinancial ServicesCapital Markets-0.46
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.45
BRLIBrilliant Acquisition Corp$5.92MN/AN/A-0.44
MCGAYorkville Acquisition Corp - Class A$176MFinancial ServicesShell Companies-0.42
SZZLUSizzle Acquisition Corp II - Units (1 Ord Cls A & 1 Rts)$70MFinancial ServicesShell Companies-0.40
BMGLBasel Medical Group Ltd$9.61MHealthcareMedical Care Facilities-0.40
EQVEQV Ventures Acquisition Corp.$466MFinancial ServicesShell Companies-0.40
ARXAccelerant Holdings - Class A$2.82BFinancial ServicesInsurance Brokers-0.40
YAASYouxin Technology Ltd - Class A$8.49MTechnologySoftware - Application-0.37
PNSkycorp Solar Group Ltd - Series A$91MTechnologySolar-0.37
TRONCorner Growth Acquisition Corp 2 - Class A$700MConsumer CyclicalLeisure-0.37
MLACMountain Lake Acquisition Corp - Class A$43MN/AN/A-0.36
LEGTLegato Merger Corp. III$197MFinancial ServicesShell Companies-0.36
FIGFigma Inc - Class A$12BTechnologySoftware - Application-0.36
SOCFlame Acquisition Corp$625MEnergyOil & Gas Drilling-0.35
RDAGURepublic Digital Acquisition Co. - Units (1 Ord Cls A & 1/2 War)$42MFinancial ServicesShell Companies-0.35
MCRPMicropolis Holding Company$42MTechnologyComputer Hardware-0.35
NTWON/A$184MFinancial ServicesShell Companies-0.35
BAYARBayview Acquisition Corp$143KN/AN/A-0.35

ETFs that lowly correlated with M

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.64
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.63
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.63
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.62
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.61
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.61
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.60
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.60
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.59
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.58
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.57
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.56
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.56
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.56
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.55
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.53
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.52
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.50
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.48
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.47
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.47
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.47
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.47
XLUISTATE STREET(R) UTILITIES SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $22M0.35%Jul 29, 2025-0.47
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.47
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.46
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.46
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.46
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.45
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.45
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.45
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.45
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.45
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.44
GXPEGLOBAL X PURECAP MSCI ENERGY ETF $1.20M0.15%Jul 22, 2025-0.43
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.43
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.43
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.42
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.42
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.42
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.42
BILTiShares Infrastructure Active ETF$32M0.60%Jul 29, 2025-0.42
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.41
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.40
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.40
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.40
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.40
IMSTBITWISE MSTR OPTION INCOME STRATEGY ETF $8.20M0.96%Apr 1, 2025-0.39
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.39
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.39
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.38
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.38
USNGAMPLIFY SAMSUNG U.S. NATURAL GAS INFRASTRUCTURE ETF $7.40M0.59%May 19, 2025-0.38
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.38
MSTWROUNDHILL MSTR WEEKLYPAY ETF $33MN/AJul 23, 2025-0.37
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.37
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.37
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.37
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.36
TIPANORTHERN TRUST 2030 INFLATION-LINKED DISTRIBUTING LADDER ETF $18M0.10%Aug 18, 2025-0.36
DVUTWEBS Defined Volatility XLU ETF$273K0.89%Jul 22, 2025-0.36
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.35
CTASIMPLIFY MANAGED FUTURES STRATEGY ETF $1.50B0.75%Mar 7, 2022-0.35
XLEISTATE STREET(R) ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF$40M0.35%Jul 29, 2025-0.35
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.34
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.34