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21 Stocks and 79 ETFs for diversifying Open Text (OTEX)

The least correlated asset to Open Text (OTEX) is ETF PLTZ (Defiance Daily Target 2x Short PLTR ETF). The correlation is -0.6676.

Stocks that lowly correlated with OTEX

SymbolName
Market cap
SectorIndustry
Correlation
WSBKWinchester Bancorp Inc$121MFinancial ServicesBanks - Regional-0.65
OMSEOMS Energy Technologies Inc$197MEnergyOil & Gas Equipment & Services-0.55
TFIN-PTriumph Financial Inc Depositary Shares Series C$531MFinancial ServicesBanks - Regional-0.54
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.50
FRBNForbion European Acquisition Corp - Class A$343MFinancial ServicesShell Companies-0.50
TGEGeneration Essentials Group - Class A$370MFinancial ServicesAsset Management-0.47
RNERUMount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt)$125MN/AN/A-0.46
AVBCAvidia Bancorp Inc$407MFinancial ServicesBanks - Regional-0.45
ANLAdlai Nortye Ltd$317MHealthcareBiotechnology-0.45
DTSQDT Cloud Star Acquisition Corp$70MFinancial ServicesShell Companies-0.44
NYAXNayax Ltd$2.63BTechnologySoftware - Infrastructure-0.44
FIGXFIGX Capital Acquisition Corp - Class A$159MFinancial ServicesShell Companies-0.43
AMRZAmrize Ltd$28BBasic MaterialsBuilding Materials-0.43
KCHVKochav Defense Acquisition Corp - Class A$263MFinancial ServicesShell Companies-0.42
LWACLightWave Acquisition Corp - Class A$221MFinancial ServicesShell Companies-0.40
CGTLCreative Global Technology Holdings Ltd$6.84MConsumer CyclicalSpecialty Retail-0.40
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.40
MLECMoolec Science SA$10MHealthcareBiotechnology-0.40
NAMMNamib Minerals.$87MBasic MaterialsGold-0.39
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.38
LCCCLakeshore Acquisition III Corp$72MFinancial ServicesShell Companies-0.38

ETFs that lowly correlated with OTEX

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
PLTZDefiance Daily Target 2x Short PLTR ETF$13MN/AJun 5, 2025-0.67
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.61
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.60
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.60
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.60
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.59
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.58
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.58
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.58
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.57
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.56
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.55
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.55
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.55
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.55
BILTiShares Infrastructure Active ETF$32M0.60%Jul 29, 2025-0.55
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.55
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.54
DVXPWEBs Defined Volatility XLP ETF$251K0.89%Jul 22, 2025-0.54
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.54
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.53
PLTDT-REX 2X INVERSE PLTR DAILY TARGET ETF $47M0.98%Dec 10, 2024-0.53
LSEQHARBOR LONG-SHORT EQUITY ETF $17M2.28%Dec 4, 2023-0.53
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.52
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.52
XOMXDirexion Daily XOM Bull 2X Shares$7.80MN/AApr 22, 2025-0.52
RIFRRUSSELL INVESTMENTS GLOBAL INFRASTRUCTURE ETF $43M0.59%May 13, 2025-0.52
GXPEGLOBAL X PURECAP MSCI ENERGY ETF $1.20M0.15%Jul 22, 2025-0.52
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.52
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.51
GXPSGLOBAL X PURECAP MSCI CONSUMER STAPLES ETF $59M0.15%Jul 22, 2025-0.51
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.51
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.51
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.51
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.51
ETHDProShares UltraShort Ether ETF$86MN/AJun 6, 2024-0.51
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.51
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.50
PALDDirexion Daily PANW Bear 1X Shares$1.80M1.02%Feb 10, 2025-0.50
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.50
MSFDDIREXION DAILY MSFT BEAR 1X SHARES $11M1.02%Sep 6, 2022-0.50
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.50
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.49
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.48
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.48
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.48
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.48
DVXBWEBs Defined Volatility XLB ETF$276K0.89%Jul 22, 2025-0.48
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.47
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.47
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.47
GEVXTradr 2X Long GEV Daily ETF$52MN/AJul 10, 2025-0.47
CONIGRANITESHARES 2X SHORT COIN DAILY ETF $16MN/ASep 4, 2024-0.47
GLDNNICHOLAS GOLD INCOME ETF $2.50M1.07%Feb 17, 2026-0.45
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.45
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.45
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.45
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.45
DIVNHORIZON DIVIDEND INCOME ETF $191M0.70%Jun 25, 2025-0.44
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, 2025-0.44
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.44
DGLOFIRST TRUST RBA DEGLOBALIZATION ETF $3.60M0.70%Aug 5, 2025-0.43
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.43
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.42
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.42
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $14M0.96%Aug 8, 2022-0.42
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.42
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.41
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.41
DVINWEBs Defined Volatility XLI ETF$313K0.89%Jul 22, 2025-0.41
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.40
PIPEInvesco SteelPath MLP & Energy Infrastructure ETF$65M0.75%Feb 18, 2025-0.40
XLSISTATE STREET(R) CONSUMER STAPLES SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $4.70M0.35%Jul 29, 2025-0.39
BITIProShares Short Bitcoin ETF$144M1.01%Jun 21, 2022-0.39
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.39
SETHProShares Short Ether ETF$23M0.95%Nov 1, 2023-0.39
BTCZT-REX 2X INVERSE BITCOIN DAILY TARGET ETF $30MN/AJul 9, 2024-0.39
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.38
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $176M0.50%May 10, 2021-0.38