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20 Stocks and 80 ETFs for diversifying SLB (SLB)

The least correlated asset to SLB (SLB) is ETF DUG (ProShares UltraShort Energy). The correlation is -0.824.

Stocks that lowly correlated with SLB

SymbolName
Market cap
SectorIndustry
Correlation
IBGInnovation Beverage Group Ltd$1.22MConsumer DefensiveBeverages - Wineries & Distilleries-0.59
AIIAmerican Integrity Insurance Group Inc$328MFinancial ServicesInsurance - Property & Casualty-0.57
MENSJyong Biotech Ltd$164MHealthcareBiotechnology-0.57
BGMQilian International Holding Group Ltd - Class A$7.45MHealthcareDrug Manufacturers - Specialty & Generic-0.54
IPSTIP Strategy Holdings Inc$2.05MFinancial ServicesCapital Markets-0.49
CASKHeritage Distilling Holding Co. Inc$6.60MConsumer DefensiveBeverages - Wineries & Distilleries-0.49
RETOReTo Eco-Solutions Inc$6.13MBasic MaterialsBuilding Materials-0.48
ELPWElong Power Holding Ltd$645KIndustrialsElectrical Equipment & Parts-0.47
HONDWHCM II Acquisition Corp. Warrant$202MN/AN/A-0.46
ZYBTZhengye Biotechnology Holding Ltd$41MHealthcareDrug Manufacturers - Specialty & Generic-0.46
TTANServiceTitan Inc - Class A$5.85BTechnologySoftware - Application-0.45
IPEXInflection Point Acquisition Corp V - Class A$125MFinancial ServicesShell Companies-0.44
DGNXDiginex Ltd$31MIndustrialsConsulting Services-0.44
EPWKEPWK Holdings Ltd - Class A$9.78KTechnologySoftware - Application-0.43
RAINRain Enhancement Technologies Holdco, Inc. Class A Common Stock$19MIndustrialsPollution & Treatment Controls-0.42
HNGEHinge Health Inc - Class A$4.21BHealthcareHealth Information Services-0.42
WAYWaystar Holding Corp$3.65BHealthcareHealth Information Services-0.42
YSXTYsx Tech Co.Ltd - Class A$24MIndustrialsSpecialty Business Services-0.41
PLMKUPlum Acquisition Corp IV - Units (1 Ord cls A & 1/2 Warr)$54MFinancial ServicesShell Companies-0.41
LOARLoar Holdings Inc$5.82BIndustrialsAerospace & Defense-0.40

ETFs that lowly correlated with SLB

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.82
OILDBank of Montreal$19MN/ANov 8, 2021-0.81
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.77
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$1.10BN/ANov 24, 2008-0.72
WTIDBank of Montreal$6.60MN/AFeb 16, 2023-0.72
GGOViShares Global Government Bond USD Hedged Active$44M0.39%Jun 25, 2025-0.67
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $40MN/ANov 6, 2008-0.65
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.64
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.62
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.62
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.62
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.60
PLTGLEVERAGE SHARES 2X LONG PLTR DAILY ETF $26MN/AApr 24, 2025-0.60
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.59
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.59
WZRDOpportunistic Trader ETF$3.90M1.00%Jun 24, 2025-0.58
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.58
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.57
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.56
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.55
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.55
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.55
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.54
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.54
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.54
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.54
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.54
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.53
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.53
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.53
NFLWROUNDHILL NFLX WEEKLYPAY ETF $16MN/AJun 17, 2025-0.52
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.52
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.51
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3MN/AJun 16, 2009-0.50
NFXLDIREXION DAILY NFLX BULL 2X SHARES $176MN/AOct 2, 2024-0.49
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.49
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.48
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.48
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.48
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.47
PLTYYieldMax PLTR Option Income Strategy ETF$348M1.07%Oct 7, 2024-0.47
NFLUT-REX 2X LONG NFLX DAILY TARGET ETF $36MN/ASep 26, 2024-0.47
HOOWROUNDHILL HOOD WEEKLYPAY ETF $113MN/AJun 17, 2025-0.47
GOVTISHARES U.S. TREASURY BOND ETF $41B0.05%Feb 14, 2012-0.46
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.46
SCHQSCHWAB LONG-TERM U.S. TREASURY ETF $897M0.03%Oct 9, 2019-0.46
GOVIINVESCO EQUAL WEIGHT 0-30 YEAR TREASURY ETF $1.20B0.15%Oct 11, 2007-0.45
SPTISPDR(R) PORTFOLIO INTERMEDIATE TERM TREASURY ETF $10B0.03%May 23, 2007-0.45
NFLYYIELDMAX(R) NFLX OPTION INCOME STRATEGY ETF $80M1.01%Aug 7, 2023-0.45
TYDDIREXION DAILY 7-10 YEAR TREASURY BULL 3X SHARES $36MN/AApr 16, 2009-0.45
USTPROSHARES ULTRA 7-10 YEAR TREASURY $19MN/AJan 19, 2010-0.45
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.45
NFLPKurv Yield Premium Strategy Netflix (NFLX) ETF$7.50M0.99%Oct 26, 2023-0.45
VGITVANGUARD INTERMEDIATE-TERM TREASURY INDEX FUND ETF SHARES$49B0.03%Nov 19, 2009-0.45
IEFISHARES 7-10 YEAR TREASURY BOND ETF $49B0.15%Jul 22, 2002-0.44
SCHRSCHWAB INTERMEDIATE-TERM U.S. TREASURY ETF $13B0.03%Aug 5, 2010-0.44
AGZISHARES AGENCY BOND ETF $552M0.20%Nov 5, 2008-0.44
VGLTVANGUARD LONG-TERM TREASURY INDEX FUND ETF SHARES$14B0.03%Nov 19, 2009-0.44
IEIISHARES 3-7 YEAR TREASURY BOND ETF $19B0.15%Jan 5, 2007-0.44
SPTLSPDR(R) PORTFOLIO LONG TERM TREASURY ETF $11B0.03%May 23, 2007-0.44
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.44
XHLFBONDBLOXX BLOOMBERG SIX MONTH TARGET DURATION US TREASURY ETF $1.90B0.03%Sep 13, 2022-0.44
HOOYYIELDMAX(R) HOOD OPTION INCOME STRATEGY ETF $102M0.99%May 7, 2025-0.44
TLHISHARES 10-20 YEAR TREASURY BOND ETF $12B0.15%Jan 5, 2007-0.43
UBTPROSHARES ULTRA 20+ YEAR TREASURY $66MN/AJan 19, 2010-0.43
VGSHVANGUARD SHORT-TERM TREASURY INDEX FUND ETF SHARES$34B0.03%Nov 19, 2009-0.43
TLTISHARES 20+ YEAR TREASURY BOND ETF $43B0.15%Jul 22, 2002-0.43
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.43
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.43
SHYISHARES 1-3 YEAR TREASURY BOND ETF $25B0.15%Jul 22, 2002-0.43
SCHOSCHWAB SHORT-TERM U.S. TREASURY ETF $13B0.03%Aug 5, 2010-0.42
TMFDIREXION DAILY 20+ YEAR TREASURY BULL 3X SHARES $2.70BN/AApr 16, 2009-0.42
IBTHISHARES IBONDS DEC 2027 TERM TREASURY ETF $2.10B0.07%Feb 25, 2020-0.42
SPTSSPDR(R) PORTFOLIO SHORT TERM TREASURY ETF $6B0.03%Nov 30, 2011-0.42
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.42
EDVVANGUARD EXTENDED DURATION TREASURY INDEX FUND ETF SHARES$4.40B0.05%Dec 6, 2007-0.41
ZROZPIMCO 25+ YEAR ZERO COUPON U.S. TREASURY INDEX EXCHANGE-TRADED FUND $1.40B0.15%Oct 30, 2009-0.41
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.41
BILZPIMCO ULTRA SHORT GOVERNMENT ACTIVE EXCHANGE-TRADED FUND $874M0.14%Jun 21, 2023-0.41
IBTJISHARES IBONDS DEC 2029 TERM TREASURY ETF $1.20B0.07%Feb 25, 2020-0.40