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21 Stocks and 79 ETFs for diversifying Scansource (SCSC)

The least correlated asset to Scansource (SCSC) is ETF QCMD (Direxion Daily QCOM Bear 1X ETF). The correlation is -0.6923.

Stocks that lowly correlated with SCSC

SymbolName
Market cap
SectorIndustry
Correlation
WYTCWytec International Inc$18MCommunications EquipmentInformation Technology-0.61
SDHIRSiddhi Acquisition Corp$1.38MN/AN/A-0.58
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.56
GSHRGesher Acquisition Corp II - Class A$155MFinancial ServicesShell Companies-0.54
ZSPCZspace Inc$2.96MTechnologyComputer Hardware-0.54
DGNXDiginex Ltd$31MIndustrialsConsulting Services-0.51
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.51
WSBKWinchester Bancorp Inc$119MFinancial ServicesBanks - Regional-0.50
AFJKRAimei Health Technology Co Ltd$617KN/AN/A-0.49
LCCCRLakeshore Acquisition III Corp$500KN/AN/A-0.49
CHPGChampionsGate Acquisition Corp - Class A$77MFinancial ServicesShell Companies-0.46
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.46
TACHTitan Acquisition Corp - Class A$286MFinancial ServicesShell Companies-0.45
NAACUNorth Atlantic Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$482MN/AN/A-0.45
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.45
FSHPRFlag Ship Acquisition Corp$232KN/AN/A-0.45
BKHARBlack Hawk Acquisition Corp$2.38MN/AN/A-0.44
GDSTRGoldenstone Acquisition Ltd$154KN/AN/A-0.43
GSRMBitcoin Depot Inc - Class A$54MN/AN/A-0.43
BLUWClarus Therapeutics Holdings Inc - Class A$331MFinancial ServicesShell Companies-0.42
LGPSLogProstyle Inc$16MIndustrialsConglomerates-0.42

ETFs that lowly correlated with SCSC

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
QCMDDirexion Daily QCOM Bear 1X ETF$2M1.00%Jun 24, 2025-0.69
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.67
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.67
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.66
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $14M1.11%Aug 14, 2024-0.66
RTXGLeverage Shares 2X Long RTX Daily ETF$4MN/AJun 5, 2025-0.65
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.64
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.64
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.64
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.64
PALDDirexion Daily PANW Bear 1X Shares$2.40M1.02%Feb 10, 2025-0.62
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $23M0.50%Mar 6, 2024-0.62
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.61
ETHDProShares UltraShort Ether ETF$84MN/AJun 6, 2024-0.61
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.61
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.59
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.59
SETHProShares Short Ether ETF$16M0.95%Nov 1, 2023-0.59
AVSDIREXION DAILY AVGO BEAR 1X SHARES $6.90M1.03%Oct 9, 2024-0.58
TNGYTORTOISE ENERGY ETF $600M0.85%Dec 27, 2010-0.57
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.56
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $9.80M1.05%Jul 23, 2024-0.55
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.55
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.54
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.54
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.54
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.54
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.54
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.54
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.53
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.53
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.53
LFBEStone Ridge 2065 Longevity Income ETF$3.20M0.25%Jan 3, 2025-0.53
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.53
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.53
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.20MN/AMay 15, 2024-0.52
WNTRYieldMax Short MSTR Option Income Strategy ETF$72M1.00%Mar 26, 2025-0.52
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.51
LFDRStone Ridge Durable Income ETF$855K0.25%Jan 9, 2024-0.51
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.51
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $19M1.05%May 1, 2024-0.50
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.50
BRKUDIREXION DAILY BRKB BULL 2X SHARES $58MN/ADec 10, 2024-0.50
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.50
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.49
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.49
BTCZT-REX 2X INVERSE BITCOIN DAILY TARGET ETF $26MN/AJul 9, 2024-0.49
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.49
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $21M1.03%Feb 11, 2025-0.48
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.48
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.47
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.47
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.47
XOMXDirexion Daily XOM Bull 2X Shares$7.90MN/AApr 22, 2025-0.47
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $40MN/ANov 6, 2008-0.46
FPASFPA SHORT DURATION GOVERNMENT ETF $6.90M0.10%Oct 31, 2024-0.46
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.46
SBITProShares UltraShort Bitcoin ETF$183MN/AApr 1, 2024-0.46
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.46
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.46
CONIGRANITESHARES 2X SHORT COIN DAILY ETF $17MN/ASep 4, 2024-0.44
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $4.80MN/AMar 31, 2025-0.43
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.43
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.43
NVDSTradr 1.5X Short NVDA Daily ETF$23MN/AJul 13, 2022-0.43
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $39M1.05%Jul 9, 2024-0.42
TLTINEOS ENHANCED INCOME 20+ YEAR TREASURY BOND ETF $13M0.58%Dec 10, 2024-0.41
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.41
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.41
TSLZT-Rex 2X Inverse Tesla Daily Target ETF$46MN/AOct 18, 2023-0.41
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.41
TSDDGRANITESHARES 2X SHORT TSLA DAILY ETF $42MN/AAug 21, 2023-0.40
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.40
MSDDGRANITESHARES 2X SHORT MSTR DAILY ETF $1MN/AJun 9, 2025-0.40
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.40
BITIProShares Short Bitcoin ETF$187M1.01%Jun 21, 2022-0.40
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.39
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$1.10BN/ANov 24, 2008-0.39
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.39