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High CorrelationLow Correlation

45 Stocks and 55 ETFs for diversifying NMI (NMIH)

The least correlated asset to NMI (NMIH) is company Globa Terra Acquisition Corp - Units (1 Ord 3/4 War & 1 Rts) (GTERU). The correlation is -0.7203.

Stocks that lowly correlated with NMIH

SymbolName
Market cap
SectorIndustry
Correlation
GTERUGloba Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts)$53MFinancial ServicesShell Companies-0.72
CCIIWCohen Circle Acquisition Corp II - Warrants(01/07/2030)$3.81MN/AN/A-0.69
SSEAUStarry Sea Acquisition Corp - Units (1 Ord Shs & 1/6 Rts)$19MFinancial ServicesShell Companies-0.69
GLXYGalaxy Digital$5.92BFinancial ServicesCapital Markets-0.66
VNMEUVendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War)$52MFinancial ServicesShell Companies-0.63
BCARBank of the Carolinas CORP$303MFinancial ServicesShell Companies-0.62
INACRIndigo Acquisition Corp Right$448KN/AN/A-0.62
TVAIRThayer Ventures Acquisition Corporation II Rights$166KN/AN/A-0.60
VNMEWVendome Acquisition Corporation I Warrant$2.70MN/AN/A-0.60
HVMCUHighview Merger Corp - Units (1 Ord Cls A & 1/2 War)$52MFinancial ServicesShell Companies-0.56
CCCXChurchill Capital Corp X - Class A$570MFinancial ServicesShell Companies-0.55
CRCLCircle Internet Group Inc - Class A$16BFinancial ServicesCapital Markets-0.55
WYFIWhitefiber Inc$1.13BTechnologyInformation Technology Services-0.54
RDAGRepublic Digital Acquisition Co. - Class A$311MFinancial ServicesShell Companies-0.52
SRTAStrata Critical Medical Inc Cl A Com$462MHealthcareMedical Care Facilities-0.51
OBAOxley Bridge Acquisition Ltd - Class A$260MFinancial ServicesShell Companies-0.51
DFSCDEFSEC Technologies Inc Com$3.99MIndustrialsAerospace & Defense-0.50
CAEPCantor Equity Partners III Inc - Class A$420MFinancial ServicesShell Companies-0.49
HCMAUHCM III Acquisition Corp - Units (1 Ord Cls A & 1 War)$77MFinancial ServicesShell Companies-0.49
INACUIndigo Acquisition Corp - Units (1 Ord Shs & 1 Rts)$34MFinancial ServicesShell Companies-0.48
HMRSports Properties Acquisition Corp$65MIndustrialsMarine Shipping-0.48
CCIIUCohen Circle Acquisition Corp II - Units (1 Ord Cls A & 1/4 War)$80MFinancial ServicesShell Companies-0.47
NUTRNusatrip Inc$174MConsumer CyclicalTravel Services-0.46
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.46
SEGGLottery.com Inc$4.48MConsumer CyclicalGambling-0.46
PMTRPerimeter Acquisition Corp I - Class A$258MFinancial ServicesShell Companies-0.45
TE-WST1 Energy Inc Wt Exp$19MN/AN/A-0.45
METCIRamaco Resources Inc$1.12BN/AN/A-0.44
MLACRMountain Lake Acquisition Corp$7.99MN/AN/A-0.44
RUBIRubico Inc$91MIndustrialsMarine Shipping-0.44
GTERRGloba Terra Acquisition Corporation Rights$407KN/AN/A-0.44
BKHABlack Hawk Acquisition Corp - Class A$58MFinancial ServicesShell Companies-0.43
CHPGChampionsGate Acquisition Corp - Class A$78MFinancial ServicesShell Companies-0.43
RIBBRibbon Acquisition Corp$41MFinancial ServicesShell Companies-0.43
COOTAustralian Oilseeds Holdings Ltd$13MConsumer DefensivePackaged Foods-0.43
BCARUD. Boral ARC Acquisition I Corp Units$157MFinancial ServicesShell Companies-0.43
CEPTCantor Equity Partners II Inc - Class A$284MFinancial ServicesShell Companies-0.43
CGCTCartesian Growth Corporation III Class A Ordinary Shares$283MFinancial ServicesShell Companies-0.43
MACIUMelar Acquisition Corp I - Units (1 Ord Class A & 1 War)$178MFinancial ServicesShell Companies-0.43
RMCORoyalty Management Holding Corporation Class A Common Stock$35MFinancial ServicesAsset Management-0.42
FACTUFACT II Acquisition Corp - Units (1 Ord Class A & 1/2 War)$56MFinancial ServicesShell Companies-0.42
LACLithium Americas Corp (NewCo)$1.08BBasic MaterialsOther Industrial Metals & Mining-0.42
QUMSUQuantumsphere Acquisition Corp - Units (1 Ord Shs & 1 Rts)$33MFinancial ServicesShell Companies-0.42
INACIndigo Acquisition Corp$118MFinancial ServicesShell Companies-0.42
CCIICohen Circle Acquisition Corp II - Class A$269MFinancial ServicesShell Companies-0.42

ETFs that lowly correlated with NMIH

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
GLXUT-REX 2X LONG GLXY DAILY TARGET ETF $18MN/AAug 7, 2025-0.70
GLGGLEVERAGE SHARES 2X LONG GLXY DAILY ETF $2.80MN/AAug 20, 2025-0.67
BLOXNICHOLAS CRYPTO INCOME ETF $312M0.99%Jun 16, 2025-0.62
DADSDIGITAL ASSET DEBT STRATEGY ETF $9.10M1.04%Aug 4, 2025-0.61
RGTUTRADR 2X LONG RGTI DAILY ETF $14MN/AJun 23, 2025-0.61
SMUPT-REX 2X LONG SMR DAILY TARGET ETF $13MN/AJul 24, 2025-0.61
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.60
QPUXDefiance 2X Daily Long Pure Quantum ETF$53MN/AAug 6, 2025-0.58
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.58
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.58
BAIGLEVERAGE SHARES 2X LONG BBAI DAILY ETF $14MN/AAug 20, 2025-0.57
ASTXTradr 2X Long ASTS Daily ETF$602MN/AJul 10, 2025-0.57
NODEONCHAIN ECONOMY ETF $73M0.67%May 13, 2025-0.56
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.56
TCAITORTOISE AI INFRASTRUCTURE ETF $278M0.65%Aug 4, 2025-0.55
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.55
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.55
BESFBASTION ENERGY ETF $33M0.80%Jun 3, 2025-0.54
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.53
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.53
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.52
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.52
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.51
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.51
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.51
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.50
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.50
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.50
RBILF/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF $139M0.17%Feb 24, 2025-0.49
SOUXDEFIANCE DAILY TARGET 2X LONG SOUN ETF $12MN/AJun 23, 2025-0.49
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.49
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.49
OKLLDefiance Daily Target 2x Long OKLO ETF$208MN/AJun 23, 2025-0.49
MSTWROUNDHILL MSTR WEEKLYPAY ETF $33MN/AJul 23, 2025-0.48
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.48
AIPODEFIANCE AI & POWER INFRASTRUCTURE ETF $958M0.69%Jul 24, 2025-0.48
QQWZPACER CASH COWZ 100-NASDAQ 100 ROTATOR ETF $39M0.49%May 6, 2025-0.48
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.47
SGRTSMART EARNINGS GROWTH 30 ETF $63M0.59%Aug 19, 2025-0.47
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.47
USNGAMPLIFY SAMSUNG U.S. NATURAL GAS INFRASTRUCTURE ETF $7.40M0.59%May 19, 2025-0.46
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.46
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.46
IVESWedbush ETFMG Global Cloud Technology ETF$1.10B0.75%Jun 3, 2025-0.45
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.45
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.44
WTIDBank of Montreal$18MN/AFeb 16, 2023-0.44
TEXNISHARES TEXAS EQUITY ETF $17M0.20%Jun 23, 2025-0.44
LRCUTradr 2X Long LRCX Daily ETF$79MN/AAug 18, 2025-0.43
OILDBank of Montreal$53MN/ANov 8, 2021-0.43
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.43
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.43
ASGMVirtus ETF Trust II AlphaSimplex Global Macro$8.60M0.86%Aug 4, 2025-0.43
NVDWROUNDHILL NVDA WEEKLYPAY ETF $110MN/AFeb 18, 2025-0.43
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.42