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High CorrelationLow Correlation

36 Stocks and 64 ETFs for diversifying Matador Resources (MTDR)

The least correlated asset to Matador Resources (MTDR) is ETF OILD (Bank of Montreal). The correlation is -0.8465.

Stocks that lowly correlated with MTDR

SymbolName
Market cap
SectorIndustry
Correlation
NSRXNasus Pharma Ltd$28MHealthcareDrug Manufacturers - General-0.80
SPEGUSilver Pegasus Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$35MFinancial ServicesShell Companies-0.79
MBVIUM3 Brigade Acquisition VI Corp - Units (1 Ord Cls A & 1/3 War)$77MFinancial ServicesShell Companies-0.72
CTWOCOtwo Advisors Physical European Carbon Allowance Trust$1.85MN/AN/A-0.68
CCIIUCohen Circle Acquisition Corp II - Units (1 Ord Cls A & 1/4 War)$80MFinancial ServicesShell Companies-0.65
CEPFCantor Equity Partners IV Inc - Class A$597MFinancial ServicesShell Companies-0.65
ONCHU1RT Acquisition Corp - Units (1 Ord Cls A & 1 War)$39MFinancial ServicesShell Companies-0.63
LWACWLightWave Acquisition Corp - Warrants (06/06/2030)$178MN/AN/A-0.62
RYOJrYojbaba Co. Ltd$51MIndustrialsConsulting Services-0.60
BBOTBridgeBio Oncology Therapeutics Inc Com$674MHealthcareBiotechnology-0.59
VNMEWVendome Acquisition Corporation I Warrant$2.70MN/AN/A-0.59
PMTRPerimeter Acquisition Corp I - Class A$258MFinancial ServicesShell Companies-0.58
FIGXUFIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$35MFinancial ServicesShell Companies-0.57
MKLYUMcKinley Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$59MFinancial ServicesShell Companies-0.55
GTENGores Holdings X Inc - Class A$471MFinancial ServicesShell Companies-0.55
HSPTUHorizon Space Acquisition II Corp - Unit (1 Ordinary share & 1 Rts)$11MFinancial ServicesShell Companies-0.54
TVATexas Ventures Acquisition III Corp - Class A$237MFinancial ServicesShell Companies-0.54
WYFIWhitefiber Inc$1.13BTechnologyInformation Technology Services-0.53
BACQBleichroeder Acquisition Corp I - Class A$545MFinancial ServicesShell Companies-0.53
CRAQCal Redwood Acquisition Corp$320MFinancial ServicesShell Companies-0.52
BCARUD. Boral ARC Acquisition I Corp Units$157MFinancial ServicesShell Companies-0.52
SDHISiddhi Acquisition Corp - Class A$288MFinancial ServicesShell Companies-0.52
MASK3 E Network Technology Group Ltd - Class A$1.60MTechnologySoftware - Application-0.51
DGNXDiginex Ltd$28MIndustrialsConsulting Services-0.51
TACHTitan Acquisition Corp - Class A$288MFinancial ServicesShell Companies-0.51
WGRXWellgistics Health Inc$6.79MHealthcarePharmaceutical Retailers-0.50
HCMAUHCM III Acquisition Corp - Units (1 Ord Cls A & 1 War)$77MFinancial ServicesShell Companies-0.50
TVACWTexas Ventures Acquisition III Corp - Warrants (23/04/2030)$153MN/AN/A-0.50
JENAJena Acquisition Corporation II Class A$242MFinancial ServicesShell Companies-0.50
HCAIHuachen AI Parking Management Technology Holding Co. Ltd$10MIndustrialsFarm & Heavy Construction Machinery-0.50
CCIICohen Circle Acquisition Corp II - Class A$269MFinancial ServicesShell Companies-0.49
EGHAEGH Acquisition Corp - Class A$212MFinancial ServicesShell Companies-0.49
BUSEPFirst Busey Corp$2.21BFinancial ServicesBanks - Regional-0.49
BEAGRBold Eagle Acquisition Corp Right$1.50MN/AN/A-0.49
CHPGChampionsGate Acquisition Corp - Class A$78MFinancial ServicesShell Companies-0.48
AOMDAngel Oak Mortgage REIT Inc$622MN/AN/A-0.48

ETFs that lowly correlated with MTDR

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
OILDBank of Montreal$53MN/ANov 8, 2021-0.85
XLVISTATE STREET(R) HEALTH CARE SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)HEALTH CARE SELECT SECTOR SPDR(R) PREMIUM INCOME ETF$16M0.35%Jul 29, 2025-0.80
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.77
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.77
WTIDBank of Montreal$18MN/AFeb 16, 2023-0.76
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$895MN/ANov 24, 2008-0.69
DVXVWEBs Defined Volatility XLV ETF$480K0.89%Jul 22, 2025-0.68
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.65
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.64
MTRAINVESCO INTERNATIONAL GROWTH FOCUS ETF $148M0.54%Jun 11, 2025-0.63
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.61
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.61
HBDCHilton BDC Corporate Bond ETF$84M0.39%Jun 10, 2025-0.61
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.60
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.60
AALGLEVERAGE SHARES 2X LONG AAL DAILY ETF $5.30MN/AJul 10, 2025-0.59
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.59
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.59
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.58
AIOOALLIANZIM U.S. EQUITY BUFFER100 PROTECTION ETF $39M0.64%Jun 30, 2025-0.58
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.58
AFOSARS FOCUSED OPPORTUNITIES STRATEGY ETF $301M0.45%Jun 25, 2025-0.57
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.57
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.57
STOXHORIZON CORE EQUITY ETF $156M0.70%Jun 25, 2025-0.56
BFRZInnovator Equity Managed 100 Buffer ETF$137M0.89%May 12, 2025-0.55
HFEQUNLIMITED HFEQ EQUITY LONG/SHORT ETF $17M0.96%Jul 14, 2025-0.55
JOYTJPMORGAN EQUITY AND OPTIONS TOTAL RETURN ETF $94M0.35%Aug 18, 2025-0.55
SFTYHORIZON MANAGED RISK ETF $495M0.77%Jun 25, 2025-0.54
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.54
VTELVANGUARD LONG-TERM TAX-EXEMPT BOND ETF ETF SHARES$288M0.09%May 20, 2025-0.54
CGIBCAPITAL GROUP INTERNATIONAL BOND ETF (USD-HEDGED) SHARE CLASS$276M0.45%Jun 25, 2024-0.54
ESUMEventide US Market ETF$178M0.39%Dec 17, 2024-0.54
BASVBROWN ADVISORY SUSTAINABLE VALUE ETF $408M0.71%Jun 13, 2025-0.53
QBSFALLIANZIM U.S. EQUITY BUFFER15 ETF $36M0.64%Jun 30, 2025-0.53
CTEFCASTELLAN TARGETED EQUITY ETF $679M0.45%Jun 17, 2025-0.53
BRKUDIREXION DAILY BRKB BULL 2X SHARES $45MN/ADec 10, 2024-0.53
XLFISTATE STREET(R) FINANCIAL SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $5.80M0.35%Jul 29, 2025-0.53
AAUSALPHA ARCHITECT US EQUITY ETF $518M0.15%Jul 22, 2025-0.53
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.52
RWRAINWATER EQUITY ETF $18M1.27%Jun 17, 2025-0.52
QGRDHORIZON NASDAQ-100 DEFINED RISK ETF $106M0.85%Jul 9, 2025-0.52
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.52
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.52
MCOWPACER S&P MIDCAP 400 QUALITY FCF ARISTOCRATS ETF $1.10M0.49%Aug 27, 2025-0.52
TUASIMPLIFY SHORT TERM TREASURY FUTURES STRATEGY ETF $751M0.25%Nov 14, 2022-0.52
USSHWISDOMTREE 1-3 YEAR LADDERED TREASURY FUND $23M0.15%Mar 12, 2024-0.51
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.51
XDIVROUNDHILL S&P 500 NO DIVIDEND TARGET ETF $60M0.08%Jul 9, 2025-0.51
SPYATwin Oak Endure ETF$132M0.49%Jun 2, 2025-0.51
MUNYVANGUARD NEW YORK TAX-EXEMPT BOND ETF ETF SHARES$447M0.09%May 20, 2025-0.51
UXJLFT Vest U.S. Equity Uncapped Accelerator ETF July$5.50M0.85%Jul 17, 2025-0.50
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.50
DDTLInnovator Equity Dual Directional 10 Buffer ETF July$58M0.79%Jun 30, 2025-0.50
BUFHFT Vest Laddered Max Buffer ETF$55M0.95%Jun 24, 2025-0.50
XTWOBONDBLOXX BLOOMBERG TWO YEAR TARGET DURATION US TREASURY ETF $182M0.05%Sep 13, 2022-0.50
BBSBJPMORGAN BETABUILDERS U.S. TREASURY BOND 1-3 YEAR ETF $55M0.04%Apr 19, 2023-0.50
IVESWedbush ETFMG Global Cloud Technology ETF$1.10B0.75%Jun 3, 2025-0.50
BLUCBLUEMONTE LARGE CAP CORE ETF $334M0.23%Jun 20, 2025-0.49
DVXKWEBs Defined Volatility XLK ETF$8M0.89%Jul 22, 2025-0.49
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.49
BAIGLEVERAGE SHARES 2X LONG BBAI DAILY ETF $14MN/AAug 20, 2025-0.49
XTREBONDBLOXX BLOOMBERG THREE YEAR TARGET DURATION US TREASURY ETF $181M0.05%Sep 13, 2022-0.49
GRINVictoryShares International Free Cash Flow Growth ETF$287M0.56%Jun 25, 2025-0.49