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High CorrelationLow Correlation

43 Stocks and 57 ETFs for diversifying SM Energy (SM)

The least correlated asset to SM Energy (SM) is ETF OILD (Bank of Montreal). The correlation is -0.7851.

Stocks that lowly correlated with SM

SymbolName
Market cap
SectorIndustry
Correlation
CTWOCOtwo Advisors Physical European Carbon Allowance Trust$1.73MN/AN/A-0.75
JCAPJefferson Capital Inc$950MFinancial ServicesCredit Services-0.63
CHPGRChampionsGate Acquisition Corp$257KN/AN/A-0.63
EGHAEGH Acquisition Corp - Class A$212MFinancial ServicesShell Companies-0.60
AOMDAngel Oak Mortgage REIT Inc$622MN/AN/A-0.59
FIGXUFIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$35MFinancial ServicesShell Companies-0.59
DGNXDiginex Ltd$31MIndustrialsConsulting Services-0.57
TVACWTexas Ventures Acquisition III Corp - Warrants (23/04/2030)$153MN/AN/A-0.56
BACQBleichroeder Acquisition Corp I - Class A$545MFinancial ServicesShell Companies-0.55
SHMDSCHMID Group N.V. - Class A$300MIndustrialsSpecialty Industrial Machinery-0.54
BACQUMerlin Inc - Units (1Ord Class A & 1 Rights)$781MFinancial ServicesShell Companies-0.54
DRDBWRoman DBDR Acquisition Corp II Warrants$8.22MN/AN/A-0.54
MASK3 E Network Technology Group Ltd - Class A$1.60MTechnologySoftware - Application-0.54
SDHISiddhi Acquisition Corp - Class A$287MFinancial ServicesShell Companies-0.53
BEAGRBold Eagle Acquisition Corp Right$1.23MN/AN/A-0.53
CHPGChampionsGate Acquisition Corp - Class A$77MFinancial ServicesShell Companies-0.52
DRDBURoman DBDR Acquisition Corp II - Units (1 Ord Cls A & 1/2 War)$243MFinancial ServicesShell Companies-0.51
SZZLRSizzle Acquisition Corp II$1.07MN/AN/A-0.51
WGRXWellgistics Health Inc$7.55MHealthcarePharmaceutical Retailers-0.50
HONDWHCM II Acquisition Corp. Warrant$202MN/AN/A-0.49
TVATexas Ventures Acquisition III Corp - Class A$236MFinancial ServicesShell Companies-0.49
TVACUTexas Ventures Acquisition III Corp - Units (1 Ord Cls A & 1/2 War)$71MFinancial ServicesShell Companies-0.49
SDHIRSiddhi Acquisition Corp$1.38MN/AN/A-0.48
BGMQilian International Holding Group Ltd - Class A$7.45MHealthcareDrug Manufacturers - Specialty & Generic-0.48
HSPTUHorizon Space Acquisition II Corp - Unit (1 Ordinary share & 1 Rts)$25MFinancial ServicesShell Companies-0.48
TWODTwo Harbors Investment Corp$2.67BN/AN/A-0.48
DXSTDecent Holding Inc$1.65MIndustrialsWaste Management-0.48
HBNBHotel101 Global Holdings Corp$1.36BReal EstateReal Estate Services-0.47
CHACUCrane Harbor Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$72MFinancial ServicesShell Companies-0.46
IBGInnovation Beverage Group Ltd$1.22MConsumer DefensiveBeverages - Wineries & Distilleries-0.46
RDACRRising Dragon Acquisition Corp$192KN/AN/A-0.46
BUSEPFirst Busey Corp$2.18BFinancial ServicesBanks - Regional-0.46
GENQUESGL Holdings Ltd - Units (1 Ord Share Class A & 1 War)$99MN/AN/A-0.45
GTENGores Holdings X Inc - Class A$466MFinancial ServicesShell Companies-0.45
KMTSKestra Medical Technologies Ltd$1.23BHealthcareMedical Instruments & Supplies-0.45
PLMKUPlum Acquisition Corp IV - Units (1 Ord cls A & 1/2 Warr)$54MFinancial ServicesShell Companies-0.45
UYSCRUY Scuti Acquisition Corp$277KN/AN/A-0.45
TACHTitan Acquisition Corp - Class A$286MFinancial ServicesShell Companies-0.45
JFBJFB Construction Holdings$69MReal EstateReal Estate - Development-0.44
PMTWPennymac Mortgage Investment Trust$2.23BN/AN/A-0.44
CLBRColombier Acquisition Corp II - Class A$366MFinancialsInvestment Holding Companies-0.43
BEAGUBold Eagle Acquisition Corp - Units (1Ord Cls A & 1 Rts)$54MFinancial ServicesShell Companies-0.42
CRAQCal Redwood Acquisition Corp$320MFinancial ServicesShell Companies-0.41

ETFs that lowly correlated with SM

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
OILDBank of Montreal$19MN/ANov 8, 2021-0.79
WTIDBank of Montreal$6.60MN/AFeb 16, 2023-0.71
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.70
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.70
MSDDGRANITESHARES 2X SHORT MSTR DAILY ETF $1MN/AJun 9, 2025-0.64
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$1.10BN/ANov 24, 2008-0.62
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.61
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $40MN/ANov 6, 2008-0.58
MTRAINVESCO INTERNATIONAL GROWTH FOCUS ETF $142M0.54%Jun 11, 2025-0.57
SLDRGLOBAL X SHORT-TERM TREASURY LADDER ETF $40M0.12%Sep 9, 2024-0.56
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.55
FPASFPA SHORT DURATION GOVERNMENT ETF $6.90M0.10%Oct 31, 2024-0.54
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.54
VTELVanguard LongTerm TaxExempt Bond ETF$259M0.09%May 20, 2025-0.54
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.53
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.53
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.52
USSHWISDOMTREE 1-3 YEAR LADDERED TREASURY FUND $23M0.15%Mar 12, 2024-0.52
MUNYVanguard New York TaxExempt Bond ETF$372M0.09%May 20, 2025-0.52
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.51
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.51
YGLDSimplify Gold Strategy PLUS Income ETF$49M0.53%Dec 2, 2024-0.51
TJUNFT Vest Emerging Markets Buffer ETF June$2.30M0.95%Jun 18, 2025-0.50
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.50
BRKUDIREXION DAILY BRKB BULL 2X SHARES $58MN/ADec 10, 2024-0.50
IAUINEOS GOLD HIGH INCOME ETF $427M0.79%Jun 4, 2025-0.50
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.50
HBDCHilton BDC Corporate Bond ETF$86M0.39%Jun 10, 2025-0.50
BSJXInvesco BulletShares 2033 High Yield Corporate Bond ETF$10M0.42%Jun 11, 2025-0.49
TUASIMPLIFY SHORT TERM TREASURY FUTURES STRATEGY ETF $802M0.25%Nov 14, 2022-0.49
VGMSVanguard MultiSector Income Bond ETF$215M0.30%Jun 9, 2025-0.48
BBSBJPMORGAN BETABUILDERS U.S. TREASURY BOND 1-3 YEAR ETF $38M0.04%Apr 19, 2023-0.48
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.48
INDHWISDOMTREE INDIA HEDGED EQUITY FUND $5.90M0.64%May 7, 2024-0.48
XTREBONDBLOXX BLOOMBERG THREE YEAR TARGET DURATION US TREASURY ETF $231M0.05%Sep 13, 2022-0.48
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.47
CGIBCAPITAL GROUP INTERNATIONAL BOND ETF (USD-HEDGED) SHARE CLASS$234M0.45%Jun 25, 2024-0.47
XTWOBONDBLOXX BLOOMBERG TWO YEAR TARGET DURATION US TREASURY ETF $175M0.05%Sep 13, 2022-0.47
RSBARETURN STACKED(R) BONDS & MERGER ARBITRAGE ETF $53M1.01%Dec 17, 2024-0.46
UTREF/M US TREASURY 3 YEAR NOTE ETF $12M0.15%Mar 27, 2023-0.46
RBProShares Russell 2000 Dynamic Buffer ETF$1.10M0.58%Jun 24, 2025-0.45
CGSDCAPITAL GROUP SHORT DURATION INCOME ETF SHARE CLASS$2.20B0.25%Oct 25, 2022-0.44
XFIVBONDBLOXX BLOOMBERG FIVE YEAR TARGET DURATION US TREASURY ETF $437M0.05%Sep 13, 2022-0.44
UTWOF/M US TREASURY 2 YEAR NOTE ETF $443M0.15%Aug 8, 2022-0.44
BBIBJPMORGAN BETABUILDERS U.S. TREASURY BOND 3-10 YEAR ETF $26M0.04%Apr 19, 2023-0.43
UFIVF/M US TREASURY 5 YEAR NOTE ETF $31M0.15%Mar 27, 2023-0.43
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.43
MLDRGLOBAL X INTERMEDIATE-TERM TREASURY LADDER ETF $9.30M0.12%Sep 9, 2024-0.43
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.43
NUSBNUVEEN ULTRA SHORT INCOME ETF $157M0.17%Mar 5, 2024-0.42
NDIAGLOBAL X INDIA ACTIVE ETF $55M0.75%Aug 17, 2023-0.42
RSSXRETURN STACKED(R) U.S. STOCKS & GOLD/BITCOIN ETF $65M0.67%May 29, 2025-0.42
LDRCISHARES IBONDS 1-5 YEAR CORPORATE LADDER ETF $77M0.10%Nov 7, 2024-0.42
GINDGoldman Sachs India Equity ETF$157M0.75%Apr 1, 2025-0.42
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.42
XSVNBONDBLOXX BLOOMBERG SEVEN YEAR TARGET DURATION US TREASURY ETF $324M0.05%Sep 13, 2022-0.42
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.41