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High CorrelationLow Correlation

30 Stocks and 70 ETFs for diversifying Matador Resources (MTDR)

The least correlated asset to Matador Resources (MTDR) is ETF OILD (Bank of Montreal). The correlation is -0.846.

Stocks that lowly correlated with MTDR

SymbolName
Market cap
SectorIndustry
Correlation
CTWOCOtwo Advisors Physical European Carbon Allowance Trust$1.73MN/AN/A-0.71
AOMDAngel Oak Mortgage REIT Inc$622MN/AN/A-0.66
EGHAEGH Acquisition Corp - Class A$212MFinancial ServicesShell Companies-0.60
TVATexas Ventures Acquisition III Corp - Class A$236MFinancial ServicesShell Companies-0.60
PMTWPennymac Mortgage Investment Trust$2.23BN/AN/A-0.58
TVACWTexas Ventures Acquisition III Corp - Warrants (23/04/2030)$153MN/AN/A-0.58
CHPGRChampionsGate Acquisition Corp$257KN/AN/A-0.57
TWODTwo Harbors Investment Corp$2.67BN/AN/A-0.56
DGNXDiginex Ltd$31MIndustrialsConsulting Services-0.56
WGRXWellgistics Health Inc$7.55MHealthcarePharmaceutical Retailers-0.55
PMTRPerimeter Acquisition Corp I - Class A$258MFinancial ServicesShell Companies-0.55
CGCTCartesian Growth Corp III - Class A$283MFinancial ServicesShell Companies-0.55
UYSCRUY Scuti Acquisition Corp$277KN/AN/A-0.54
HCAIHuachen AI Parking Management Technology Holding Co. Ltd$13MIndustrialsFarm & Heavy Construction Machinery-0.54
CHPGChampionsGate Acquisition Corp - Class A$77MFinancial ServicesShell Companies-0.54
LHSWLianhe Sowell International Group Ltd$9.40MTechnologySoftware - Infrastructure-0.54
BACQBleichroeder Acquisition Corp I - Class A$545MFinancial ServicesShell Companies-0.53
GTENGores Holdings X Inc - Class A$466MFinancial ServicesShell Companies-0.53
HONDWHCM II Acquisition Corp. Warrant$202MN/AN/A-0.52
HSPTUHorizon Space Acquisition II Corp - Unit (1 Ordinary share & 1 Rts)$25MFinancial ServicesShell Companies-0.52
BUSEPFirst Busey Corp$2.18BFinancial ServicesBanks - Regional-0.51
KMTSKestra Medical Technologies Ltd$1.23BHealthcareMedical Instruments & Supplies-0.51
SDHISiddhi Acquisition Corp - Class A$287MFinancial ServicesShell Companies-0.51
CRAQCal Redwood Acquisition Corp$320MFinancial ServicesShell Companies-0.50
MASK3 E Network Technology Group Ltd - Class A$1.60MTechnologySoftware - Application-0.50
FIGXUFIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$35MFinancial ServicesShell Companies-0.49
TVACUTexas Ventures Acquisition III Corp - Units (1 Ord Cls A & 1/2 War)$71MFinancial ServicesShell Companies-0.48
JMACUMaxpro Capital Acquisition Corp - Units (1 Ord Share Class A & 1 War)$150MN/AN/A-0.48
TACHTitan Acquisition Corp - Class A$286MFinancial ServicesShell Companies-0.47
CEPTCantor Equity Partners II Inc - Class A$284MFinancial ServicesShell Companies-0.47

ETFs that lowly correlated with MTDR

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
OILDBank of Montreal$19MN/ANov 8, 2021-0.85
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.77
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.76
WTIDBank of Montreal$6.60MN/AFeb 16, 2023-0.76
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$1.10BN/ANov 24, 2008-0.69
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.66
STOXHORIZON CORE EQUITY ETF $132M0.70%Jun 25, 2025-0.65
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $40MN/ANov 6, 2008-0.64
SFTYHORIZON MANAGED RISK ETF $370M0.77%Jun 25, 2025-0.63
MTRAINVESCO INTERNATIONAL GROWTH FOCUS ETF $142M0.54%Jun 11, 2025-0.62
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.61
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.61
BFRZInnovator Equity Managed 100 Buffer ETF$124M0.89%May 12, 2025-0.61
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.61
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.61
TJUNFT Vest Emerging Markets Buffer ETF June$2.30M0.95%Jun 18, 2025-0.60
HBDCHilton BDC Corporate Bond ETF$86M0.39%Jun 10, 2025-0.60
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.60
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.59
SPYATwin Oak Endure ETF$127M0.49%Jun 2, 2025-0.58
BUFHFT Vest Laddered Max Buffer ETF$53M0.95%Jun 24, 2025-0.58
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.58
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.58
PVEXTRUESHARES CONVEQUITY ETF $55M0.82%Jun 27, 2025-0.58
RSSXRETURN STACKED(R) U.S. STOCKS & GOLD/BITCOIN ETF $65M0.67%May 29, 2025-0.57
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.57
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.57
USSHWISDOMTREE 1-3 YEAR LADDERED TREASURY FUND $23M0.15%Mar 12, 2024-0.56
TSIIREX TSLA GROWTH & INCOME ETF $41MN/AJun 3, 2025-0.56
HGROHEDGEYE QUALITY GROWTH ETF $97M0.70%Jun 10, 2025-0.55
FPASFPA SHORT DURATION GOVERNMENT ETF $6.90M0.10%Oct 31, 2024-0.54
VTELVanguard LongTerm TaxExempt Bond ETF$259M0.09%May 20, 2025-0.54
OKLLDefiance Daily Target 2x Long OKLO ETF$293MN/AJun 23, 2025-0.54
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.54
IVESWedbush ETFMG Global Cloud Technology ETF$997M0.75%Jun 3, 2025-0.54
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.54
TUASIMPLIFY SHORT TERM TREASURY FUTURES STRATEGY ETF $802M0.25%Nov 14, 2022-0.53
BUFXFT Vest Laddered Enhance & Moderate Buffer ETF$12M0.96%Jun 24, 2025-0.53
CGIBCAPITAL GROUP INTERNATIONAL BOND ETF (USD-HEDGED) SHARE CLASS$234M0.45%Jun 25, 2024-0.53
BBSBJPMORGAN BETABUILDERS U.S. TREASURY BOND 1-3 YEAR ETF $38M0.04%Apr 19, 2023-0.53
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.53
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.52
XTWOBONDBLOXX BLOOMBERG TWO YEAR TARGET DURATION US TREASURY ETF $175M0.05%Sep 13, 2022-0.52
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.52
BRKUDIREXION DAILY BRKB BULL 2X SHARES $58MN/ADec 10, 2024-0.52
VGMSVanguard MultiSector Income Bond ETF$215M0.30%Jun 9, 2025-0.51
MUNYVanguard New York TaxExempt Bond ETF$372M0.09%May 20, 2025-0.51
BAMBBrookstone Intermediate Bond ETF$62M1.03%Sep 26, 2023-0.51
XTREBONDBLOXX BLOOMBERG THREE YEAR TARGET DURATION US TREASURY ETF $231M0.05%Sep 13, 2022-0.51
QQHGInvesco QQQ Hedged Advantage ETF$13M0.45%May 5, 2025-0.51
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.50
FBProShares S&P 500 Dynamic Buffer ETF$1.70M0.58%Jun 24, 2025-0.49
SPTBSPDR PORTFOLIO TREASURY ETF $187M0.03%May 20, 2024-0.49
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.49
XONEBONDBLOXX BLOOMBERG ONE YEAR TARGET DURATION US TREASURY ETF $721M0.03%Sep 13, 2022-0.49
BBIBJPMORGAN BETABUILDERS U.S. TREASURY BOND 3-10 YEAR ETF $26M0.04%Apr 19, 2023-0.49
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.48
USINWISDOMTREE 7-10 YEAR LADDERED TREASURY FUND $4.50M0.15%Mar 12, 2024-0.48
UTWOF/M US TREASURY 2 YEAR NOTE ETF $443M0.15%Aug 8, 2022-0.48
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.48
IBTPISHARES IBONDS DEC 2034 TERM TREASURY ETF $267M0.07%Jun 11, 2024-0.47
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.47
XFIVBONDBLOXX BLOOMBERG FIVE YEAR TARGET DURATION US TREASURY ETF $437M0.05%Sep 13, 2022-0.47
UTREF/M US TREASURY 3 YEAR NOTE ETF $12M0.15%Mar 27, 2023-0.47
SLDRGLOBAL X SHORT-TERM TREASURY LADDER ETF $40M0.12%Sep 9, 2024-0.47
CGSDCAPITAL GROUP SHORT DURATION INCOME ETF SHARE CLASS$2.20B0.25%Oct 25, 2022-0.47
INVGGMO SYSTEMATIC INVESTMENT GRADE CREDIT ETF $28M0.25%Jun 3, 2025-0.46
IRVHGLOBAL X INTEREST RATE VOLATILITY & INFLATION HEDGE ETF $1.40M0.45%Jul 5, 2022-0.46
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.46
LCOWPACER S&P 500 QUALITY FCF ARISTOCRATS ETF $23M0.49%May 6, 2025-0.46