Overview Performance Dividends Metrics Financials ETFs Industry Correlations

36 Stocks and 64 ETFs for diversifying NexPoint Real Estate Finance (NREF)

The least correlated asset to NexPoint Real Estate Finance (NREF) is ETF DWSH (ADVISORSHARES DORSEY WRIGHT SHORT ETF). The correlation is -0.6857.

Stocks that lowly correlated with NREF

Symbol	Name	Market cap	Sector	Industry	Correlation
INACR	Indigo Acquisition Corp Right	$448K	N/A	N/A	-0.63
QUMSU	Quantumsphere Acquisition Corp - Units (1 Ord Shs & 1 Rts)	$33M	Financial Services	Shell Companies	-0.61
SSEAU	Starry Sea Acquisition Corp - Units (1 Ord Shs & 1/6 Rts)	$19M	Financial Services	Shell Companies	-0.57
CCII	Cohen Circle Acquisition Corp II - Class A	$269M	Financial Services	Shell Companies	-0.53
APAD	Enhanced Group Inc - Class A	$161M	Financial Services	Shell Companies	-0.53
AII	American Integrity Insurance Group Inc	$358M	Financial Services	Insurance - Property & Casualty	-0.51
NUTR	Nusatrip Inc	$174M	Consumer Cyclical	Travel Services	-0.51
YSXT	Ysx Tech Co.Ltd - Class A	$20M	Industrials	Specialty Business Services	-0.50
CCCX	Churchill Capital Corp X - Class A	$570M	Financial Services	Shell Companies	-0.49
KCHV	Kochav Defense Acquisition Corp - Class A	$263M	Financial Services	Shell Companies	-0.49
IPEX	Inflection Point Acquisition Corp V - Class A	$125M	Financial Services	Shell Companies	-0.49
SDHIR	Siddhi Acquisition Corp	$1.13M	N/A	N/A	-0.49
ALM	Alma Metals Limited	$3.90B	Basic Materials	Other Industrial Metals & Mining	-0.47
APADU	A Paradise Acquisition Corp Unit	$67M	Financial Services	Shell Companies	-0.47
GTERR	Globa Terra Acquisition Corporation Rights	$407K	N/A	N/A	-0.45
LWAC	LightWave Acquisition Corp - Class A	$221M	Financial Services	Shell Companies	-0.44
APUS	Apimeds Pharmaceuticals US Inc	$8.51M	Healthcare	Drug Manufacturers - Specialty & Generic	-0.44
VNMEW	Vendome Acquisition Corporation I Warrant	$2.70M	N/A	N/A	-0.44
RIBBU	Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)	$56M	Financial Services	Shell Companies	-0.44
GTERU	Globa Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts)	$53M	Financial Services	Shell Companies	-0.43
EFTY	Etoiles Capital Group Co Ltd - Class A	$287M	Industrials	Consulting Services	-0.43
SZZLR	Sizzle Acquisition Corp II	$1.47M	N/A	N/A	-0.43
SZZLU	Sizzle Acquisition Corp II - Units (1 Ord Cls A & 1 Rts)	$70M	Financial Services	Shell Companies	-0.42
GSRM	Bitcoin Depot Inc - Class A	$54M	N/A	N/A	-0.41
ELOG	Eastern International Ltd	$9.59M	Industrials	Integrated Freight & Logistics	-0.41
LWACW	LightWave Acquisition Corp - Warrants (06/06/2030)	$178M	N/A	N/A	-0.41
PACH	Pioneer Acquisition I Corp - Class A	$260M	Financial Services	Shell Companies	-0.40
GIG	GigCapital7 Corp - Class A	$353M	Financial Services	Shell Companies	-0.40
TMDE	TMD Energy Ltd	$21M	Energy	Oil & Gas Midstream	-0.40
JMACU	Maxpro Capital Acquisition Corp - Units (1 Ord Share Class A & 1 War)	$150M	N/A	N/A	-0.40
SZZL	Sizzle Acquisition Corp II - Class A	$245M	Financial Services	Shell Companies	-0.40
HVMCU	Highview Merger Corp - Units (1 Ord Cls A & 1/2 War)	$52M	Financial Services	Shell Companies	-0.40
TBN	Tamboran Resources Corp	$774M	Energy	Oil & Gas E&p	-0.40
CCIIU	Cohen Circle Acquisition Corp II - Units (1 Ord Cls A & 1/4 War)	$80M	Financial Services	Shell Companies	-0.39
CRCL	Circle Internet Group Inc - Class A	$16B	Financial Services	Capital Markets	-0.39
TVACW	Texas Ventures Acquisition III Corp - Warrants (23/04/2030)	$153M	N/A	N/A	-0.39

ETFs that lowly correlated with NREF

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
DWSH	ADVISORSHARES DORSEY WRIGHT SHORT ETF	$11M	6.22%	Jul 10, 2018	-0.69
HDGE	ADVISORSHARES RANGER EQUITY BEAR ETF	$66M	3.62%	Jan 26, 2011	-0.66
SBB	ProShares Short SmallCap600 -1x Shares	$3.30M	0.95%	Jan 23, 2007	-0.66
SEF	ProShares Short Financials -1x Shares	$14M	0.95%	Jun 10, 2008	-0.64
SDD	PROSHARES ULTRASHORT SMALLCAP600	$1.20M	N/A	Jan 23, 2007	-0.63
MYY	PROSHARES SHORT MIDCAP400	$2.90M	0.95%	Jun 19, 2006	-0.63
REK	PROSHARES SHORT REAL ESTATE	$9.80M	0.95%	Mar 16, 2010	-0.63
SKF	ProShares UltraShort Financials -2x Shares	$11M	N/A	May 23, 2007	-0.62
RWM	PROSHARES SHORT RUSSELL2000	$113M	0.95%	Jan 23, 2007	-0.62
HIBS	Direxion Daily S&P 500 High Beta Bear 3X Shares	$17M	N/A	Nov 7, 2019	-0.62
MZZ	PROSHARES ULTRASHORT MIDCAP400	$2.40M	N/A	Jul 11, 2006	-0.61
TWM	ProShares UltraShort Russell2000 -2x Shares	$38M	N/A	Jan 23, 2007	-0.60
SKRE	TUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF	$5.20M	N/A	Jan 3, 2024	-0.60
EMTY	ProShares Decline of the Retail Store ETF -1x Shares	$3M	0.65%	Nov 14, 2017	-0.58
SRS	ProShares UltraShort Real Estate -2x Shares	$16M	N/A	Jan 30, 2007	-0.58
SIJ	ProShares UltraShort Industrials -2x Shares	$5.50M	N/A	Jan 30, 2007	-0.57
WZRD	Opportunistic Trader ETF	$976K	1.00%	Jun 24, 2025	-0.57
DOG	PROSHARES SHORT DOW30	$111M	0.95%	Jun 19, 2006	-0.57
EFZ	ProShares Short MSCI EAFE -1X Shares	$12M	0.95%	Oct 23, 2007	-0.57
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	$35M	0.89%	Jan 17, 2018	-0.56
VIXM	ProShares VIX Mid-Term Futures ETF	$40M	0.92%	Jan 3, 2011	-0.56
SJB	PROSHARES SHORT HIGH YIELD	$56M	0.95%	Mar 21, 2011	-0.56
NFLW	ROUNDHILL NFLX WEEKLYPAY ETF	$6.70M	N/A	Jun 17, 2025	-0.55
DXD	PROSHARES ULTRASHORT DOW30	$46M	N/A	Jul 11, 2006	-0.55
EFU	ProShares UltraShort MSCI EAFE -2x Shares	$1.20M	N/A	Oct 23, 2007	-0.55
BNKD	Bank of Montreal	$1.10M	N/A	Feb 20, 2025	-0.54
SH	ProShares Short S&P500 -1x Shares	$973M	0.89%	Jun 19, 2006	-0.54
SPDN	DIREXION DAILY S&P 500 (R) BEAR 1X SHARES	$195M	0.48%	Jun 8, 2016	-0.54
EPV	ProShares UltraShort FTSE Europe -2X Shares	$13M	N/A	Jun 16, 2009	-0.54
DVUT	WEBS Defined Volatility XLU ETF	$273K	0.89%	Jul 22, 2025	-0.53
SMN	ProShares UltraShort Materials	$4.10M	N/A	Jan 30, 2007	-0.52
TAPR	Barclays Bank PLC	$11M	0.79%	Mar 31, 2025	-0.52
SDS	ProShares UltraShort S&P500 -2x Shares	$398M	N/A	Jul 11, 2006	-0.51
TAIL	CAMBRIA TAIL RISK ETF	$147M	0.59%	Apr 5, 2017	-0.50
EWV	ProShares UltraShort MSCI Japan -2x Shares	$5.70M	N/A	Nov 6, 2007	-0.50
TLTX	GLOBAL X TREASURY BOND ENHANCED INCOME ETF	$14M	0.29%	Jul 15, 2025	-0.48
XLUI	STATE STREET(R) UTILITIES SELECT SECTOR SPDR(R) PREMIUM INCOME ETF	$22M	0.35%	Jul 29, 2025	-0.48
BESF	BASTION ENERGY ETF	$33M	0.80%	Jun 3, 2025	-0.47
SDOW	ProShares UltraPro Short Dow30 -3x Shares	$185M	N/A	Feb 9, 2010	-0.47
QBER	TRUESHARES QUARTERLY BEAR HEDGE ETF	$82M	0.79%	Jun 28, 2024	-0.46
BTAL	AGF U.S. MARKET NEUTRAL ANTI-BETA FUND	$283M	1.40%	Sep 13, 2011	-0.46
DUG	ProShares UltraShort Energy	$27M	N/A	Jan 30, 2007	-0.46
SCO	ProShares UltraShort Bloomberg Crude Oil -2x Shares	$895M	N/A	Nov 24, 2008	-0.46
OILD	Bank of Montreal	$53M	N/A	Nov 8, 2021	-0.45
DRIP	Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF	$131M	N/A	May 28, 2015	-0.45
SZK	ProShares UltraShort Consumer Staples	$4.70M	N/A	Jan 30, 2007	-0.45
EDZ	DIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES	$14M	N/A	Dec 17, 2008	-0.45
UVIX	2x Long VIX Futures ETF	$290M	N/A	Mar 28, 2022	-0.45
ASTX	Tradr 2X Long ASTS Daily ETF	$602M	N/A	Jul 10, 2025	-0.45
BZQ	ProShares UltraShort MSCI Brazil Capped ETF -2x Shares	$3.20M	N/A	Jun 16, 2009	-0.44
EUM	ProShares Short MSCI Emerging Markets -1x Shares	$9.80M	0.95%	Oct 30, 2007	-0.44
SCC	ProShares UltraShort Consumer Discretionary	$6.80M	N/A	Jan 30, 2007	-0.44
EEV	ProShares UltraShort MSCI Emerging Markets -2x Shares	$2.60M	N/A	Oct 30, 2007	-0.43
LCDL	GRANITESHARES 2X LONG LCID DAILY ETF	N/A	N/A	Apr 21, 2025	-0.43
QCMD	Direxion Daily QCOM Bear 1X ETF	$1.70M	1.00%	Jun 24, 2025	-0.42
PSQ	ProShares Short QQQ -1x Shares	$601M	0.95%	Jun 19, 2006	-0.41
CSCS	Direxion Daily CSCO Bear 1X ETF	$1.70M	1.00%	Jun 24, 2025	-0.41
SMDD	ProShares UltraPro Short MidCap400 -3x Shares	$1.90M	N/A	Feb 9, 2010	-0.41
CRCG	LEVERAGE SHARES 2X LONG CRCL DAILY ETF	$67M	N/A	Aug 8, 2025	-0.40
CCUP	T-REX 2X LONG CRCL DAILY TARGET ETF	$25M	N/A	Aug 8, 2025	-0.40
TSLS	Direxion Daily TSLA Bear 1X Shares	$66M	0.95%	Aug 8, 2022	-0.40
AAPD	DIREXION DAILY AAPL BEAR 1X SHARES	$14M	0.96%	Aug 8, 2022	-0.40
RGTU	TRADR 2X LONG RGTI DAILY ETF	$14M	N/A	Jun 23, 2025	-0.39
ERY	DIREXION DAILY ENERGY BEAR 2X SHARES	$49M	N/A	Nov 6, 2008	-0.39