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40 Stocks and 60 ETFs for diversifying Silicon Motion Technology (SIMO)

The least correlated asset to Silicon Motion Technology (SIMO) is company Bitcoin Depot (GSRM). The correlation is -0.9229.

Stocks that lowly correlated with SIMO

SymbolName
Market cap
SectorIndustry
Correlation
GSRMBitcoin Depot Inc - Class A$54MN/AN/A-0.92
GIGGigCapital7 Corp - Class A$353MFinancial ServicesShell Companies-0.74
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.65
SCAQUStratim Cloud Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$286MN/AN/A-0.57
QETARQuetta Acquisition Corp$1.33MN/AN/A-0.49
VACHVoyager Acquisition Corp - Class A$279MFinancial ServicesShell Companies-0.48
JCAPJefferson Capital Inc$950MFinancial ServicesCredit Services-0.47
ZSPCZspace Inc$2.96MTechnologyComputer Hardware-0.47
HPAIHelport AI Ltd$33MTechnologySoftware - Infrastructure-0.47
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.47
INHDInno Holdings Inc$9.59MBasic MaterialsSteel-0.46
BIOSUBioPlus Acquisition Corp - Units (1 Ord Share Class A & 1/2 War)$264MN/AN/A-0.45
WAYWaystar Holding Corp$3.65BHealthcareHealth Information Services-0.44
JBSJBS N.V. - Class A$14BConsumer DefensivePackaged Foods-0.44
DICEDICE Therapeutics Inc$2.25BN/AN/A-0.42
NDACUNightDragon Acquisition Corp - Units (1 Ord Share Class A & 1/5 War)$444MN/AN/A-0.42
MITPAG Mortgage Investment Trust Inc$800MN/AN/A-0.42
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.41
PVLAPalvella Therapeutics Inc$1.66BHealthcareBiotechnology-0.41
HMCOHumanCo Acquisition Corp - Class A$387MN/AN/A-0.41
ANNAAleAnna Inc - Class A$122MEnergyOil & Gas E&p-0.40
DGNXDiginex Ltd$31MIndustrialsConsulting Services-0.40
EMBCEmbecta Corp$195MHealthcareMedical Instruments & Supplies-0.39
LITTLogistics Innovation Technologies Corp - Class A$349MN/AN/A-0.39
NDACNightDragon Acquisition Corp - Class A$445MN/AN/A-0.39
NAMIJinxin Technology Holding Company$34MCommunication ServicesInternet Content & Information-0.39
TMDETMD Energy Ltd$18MEnergyOil & Gas Midstream-0.38
APUSApimeds Pharmaceuticals US Inc$1.82MHealthcareDrug Manufacturers - Specialty & Generic-0.38
LRHCLa Rosa Holdings Corp$1.31MReal EstateReal Estate Services-0.38
AMRZAmrize Ltd$29BBasic MaterialsBuilding Materials-0.38
ASBPAspire Biopharma Holdings Inc$6.98MHealthcareBiotechnology-0.37
TSIBTishman Speyer Innovation Corp II - Class A$302MN/AN/A-0.36
AKUSAkouos Inc$490MN/AN/A-0.36
SPKBUSilver Spike Acquisition Corp II - Units (1 Ord Share Class A & 1/4 War)$293MN/AN/A-0.36
SDHIRSiddhi Acquisition Corp$1.38MN/AN/A-0.35
UBXGU-BX Technology Ltd$37MTechnologySoftware - Infrastructure-0.35
GETGetnetAdquirencia e Servicos para Meios de Pagamento S.A. - Instituica$88MN/AN/A-0.35
LGPSLogProstyle Inc$16MIndustrialsConglomerates-0.35
ESHAESH Acquisition Corp - Class A$45MFinancial ServicesShell Companies-0.34
CAPNCayson Acquisition Corp$63MFinancial ServicesShell Companies-0.33

ETFs that lowly correlated with SIMO

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
WZRDOpportunistic Trader ETF$3.90M1.00%Jun 24, 2025-0.85
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.80
QCMDDirexion Daily QCOM Bear 1X ETF$2M1.00%Jun 24, 2025-0.78
CSCSDirexion Daily CSCO Bear 1X ETF$1.80M1.00%Jun 24, 2025-0.73
PALDDirexion Daily PANW Bear 1X Shares$2.40M1.02%Feb 10, 2025-0.66
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $14M1.11%Aug 14, 2024-0.66
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $21M1.03%Feb 11, 2025-0.66
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.62
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $4.80MN/AMar 31, 2025-0.61
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.20MN/AMay 15, 2024-0.60
SHRTGOTHAM SHORT STRATEGIES ETF $17M1.35%Jul 31, 2017-0.58
RTXGLeverage Shares 2X Long RTX Daily ETF$4MN/AJun 5, 2025-0.54
MSDDGRANITESHARES 2X SHORT MSTR DAILY ETF $1MN/AJun 9, 2025-0.50
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.49
WNTRYieldMax Short MSTR Option Income Strategy ETF$72M1.00%Mar 26, 2025-0.49
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.48
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.48
GGLSDIREXION DAILY GOOGL BEAR 1X SHARES $17M1.02%Sep 6, 2022-0.48
FNGDBank of Montreal$68MN/AJan 22, 2018-0.48
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.48
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.48
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.47
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $23M0.50%Mar 6, 2024-0.47
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.47
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.47
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.47
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.46
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.44
ZSLProShares UltraShort Silver -2x Shares$145MN/ADec 1, 2008-0.43
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.42
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.42
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.41
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.40
NFLWROUNDHILL NFLX WEEKLYPAY ETF $16MN/AJun 17, 2025-0.40
FPASFPA SHORT DURATION GOVERNMENT ETF $6.90M0.10%Oct 31, 2024-0.40
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.40
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.40
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $9.80M1.05%Jul 23, 2024-0.40
AVSDIREXION DAILY AVGO BEAR 1X SHARES $6.90M1.03%Oct 9, 2024-0.40
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.39
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.39
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.39
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.39
NVDSTradr 1.5X Short NVDA Daily ETF$23MN/AJul 13, 2022-0.38
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.38
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.38
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.38
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.37
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $75MN/AAug 21, 2023-0.37
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $16M0.96%Aug 8, 2022-0.37
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.36
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $23M1.01%Sep 12, 2023-0.36
USSHWISDOMTREE 1-3 YEAR LADDERED TREASURY FUND $23M0.15%Mar 12, 2024-0.35
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.34
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.34
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $17M1.02%Sep 6, 2022-0.34
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.34
CLIPGLOBAL X 1-3 MONTH T-BILL ETF $2.50B0.07%Jun 20, 2023-0.34
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.33
NVDQT-Rex 2X Inverse NVIDIA Daily Target ETF$36MN/AOct 18, 2023-0.33