Overview Performance Metrics Financials ETFs Industry Splits Correlations

23 Stocks and 77 ETFs for diversifying Semtech (SMTC)

The least correlated asset to Semtech (SMTC) is ETF QCMD (Direxion Daily QCOM Bear 1X ETF). The correlation is -0.7854.

Stocks that lowly correlated with SMTC

Symbol	Name	Market cap	Sector	Industry	Correlation
GSRM	Bitcoin Depot Inc - Class A	$54M	N/A	N/A	-0.70
WYTC	Wytec International Inc	$18M	Communications Equipment	Information Technology	-0.60
DGNX	Diginex Ltd	$31M	Industrials	Consulting Services	-0.57
ZSPC	Zspace Inc	$2.96M	Technology	Computer Hardware	-0.53
CLIK	Click Holdings Ltd	$4.19M	Consumer Cyclical	Personal Services	-0.51
JCAP	Jefferson Capital Inc	$950M	Financial Services	Credit Services	-0.51
TMDE	TMD Energy Ltd	$18M	Energy	Oil & Gas Midstream	-0.48
RIBBU	Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)	$56M	Financial Services	Shell Companies	-0.47
UBXG	U-BX Technology Ltd	$37M	Technology	Software - Infrastructure	-0.44
MLGO	MicroAlgo Inc	$43M	Technology	Software - Infrastructure	-0.44
CNL	Collective Mining Ltd.	$1.40B	Basic Materials	Gold	-0.42
JBS	JBS N.V. - Class A	$14B	Consumer Defensive	Packaged Foods	-0.42
PVLA	Palvella Therapeutics Inc	$1.66B	Healthcare	Biotechnology	-0.41
GIG	GigCapital7 Corp - Class A	$353M	Financial Services	Shell Companies	-0.39
FIGXU	FIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War)	$35M	Financial Services	Shell Companies	-0.39
FSHPR	Flag Ship Acquisition Corp	$232K	N/A	N/A	-0.36
AFJKR	Aimei Health Technology Co Ltd	$617K	N/A	N/A	-0.36
LZMH	LZ Technology Holdings Ltd - Class B	$9.09M	Technology	Information Technology Services	-0.36
NYAX	Nayax Ltd	$3.09B	Technology	Software - Infrastructure	-0.34
VCXA	10X Capital Venture Acquisition Corp II - Class A	$86M	N/A	N/A	-0.34
HBNB	Hotel101 Global Holdings Corp	$1.36B	Real Estate	Real Estate Services	-0.34
TOACU	Talon 1 Acquisition Corp - Units (1 Ord Class A & 1/2 War)	$143M	N/A	N/A	-0.34
MCTR	CTRL Group Ltd	$15M	Communication Services	Advertising Agencies	-0.34

ETFs that lowly correlated with SMTC

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
QCMD	Direxion Daily QCOM Bear 1X ETF	$2M	1.00%	Jun 24, 2025	-0.79
TSMZ	DIREXION DAILY TSM BEAR 1X SHARES	$2.70M	1.01%	Oct 2, 2024	-0.74
CSCS	Direxion Daily CSCO Bear 1X ETF	$1.80M	1.00%	Jun 24, 2025	-0.68
YQQQ	YIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF	$14M	1.11%	Aug 14, 2024	-0.67
AVS	DIREXION DAILY AVGO BEAR 1X SHARES	$6.90M	1.03%	Oct 9, 2024	-0.64
AMDD	T-REX 2X INVERSE AMD DAILY TARGET ETF	$21M	1.03%	Feb 11, 2025	-0.63
CRSH	YIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF	$19M	1.05%	May 1, 2024	-0.60
SMCZ	DEFIANCE DAILY TARGET 2X SHORT SMCI ETF	$4.80M	N/A	Mar 31, 2025	-0.60
QBER	TRUESHARES QUARTERLY BEAR HEDGE ETF	$62M	0.79%	Jun 28, 2024	-0.60
RTXG	Leverage Shares 2X Long RTX Daily ETF	$4M	N/A	Jun 5, 2025	-0.58
IONZ	Defiance Daily Target 2x Short IONQ ETF	$22M	N/A	Jun 23, 2025	-0.58
RWM	PROSHARES SHORT RUSSELL2000	$143M	0.95%	Jan 23, 2007	-0.57
TWM	ProShares UltraShort Russell2000 -2x Shares	$47M	N/A	Jan 23, 2007	-0.57
SDD	PROSHARES ULTRASHORT SMALLCAP600	$1.60M	N/A	Jan 23, 2007	-0.56
SBB	ProShares Short SmallCap600 -1x Shares	$4.10M	0.95%	Jan 23, 2007	-0.56
BNKD	Bank of Montreal	$1.40M	N/A	Feb 20, 2025	-0.56
AIBD	DIREXION DAILY AI AND BIG DATA BEAR 2X SHARES	$4.20M	N/A	May 15, 2024	-0.55
PALD	Direxion Daily PANW Bear 1X Shares	$2.40M	1.02%	Feb 10, 2025	-0.55
MUD	Direxion Daily MU Bear 1X Shares	$27M	1.02%	Oct 9, 2024	-0.54
FPAS	FPA SHORT DURATION GOVERNMENT ETF	$6.90M	0.10%	Oct 31, 2024	-0.54
MYY	PROSHARES SHORT MIDCAP400	$2.70M	0.95%	Jun 19, 2006	-0.54
HIBS	Direxion Daily S&P 500 High Beta Bear 3X Shares	$19M	N/A	Nov 7, 2019	-0.54
MZZ	PROSHARES ULTRASHORT MIDCAP400	$734K	N/A	Jul 11, 2006	-0.53
QQQD	DIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES	$23M	0.50%	Mar 6, 2024	-0.53
SH	ProShares Short S&P500 -1x Shares	$1.20B	0.89%	Jun 19, 2006	-0.51
SPDN	DIREXION DAILY S&P 500 (R) BEAR 1X SHARES	$220M	0.48%	Jun 8, 2016	-0.51
SDS	ProShares UltraShort S&P500 -2x Shares	$443M	N/A	Jul 11, 2006	-0.51
SCC	ProShares UltraShort Consumer Discretionary	$6.20M	N/A	Jan 30, 2007	-0.50
PSQ	ProShares Short QQQ -1x Shares	$519M	0.95%	Jun 19, 2006	-0.50
SIJ	ProShares UltraShort Industrials -2x Shares	$6.20M	N/A	Jan 30, 2007	-0.50
DIPS	YIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF	$9.80M	1.05%	Jul 23, 2024	-0.49
DWSH	ADVISORSHARES DORSEY WRIGHT SHORT ETF	$9M	6.22%	Jul 10, 2018	-0.48
SDOW	ProShares UltraPro Short Dow30 -3x Shares	$180M	N/A	Feb 9, 2010	-0.48
TSLQ	Tradr 2X Short TSLA Daily ETF	$159M	N/A	Jul 13, 2022	-0.47
REW	ProShares UltraShort Technology -2x Shares	$3.70M	N/A	Jan 30, 2007	-0.47
EWV	ProShares UltraShort MSCI Japan -2x Shares	$7.20M	N/A	Nov 6, 2007	-0.47
TSDD	GRANITESHARES 2X SHORT TSLA DAILY ETF	$42M	N/A	Aug 21, 2023	-0.47
MSDD	GRANITESHARES 2X SHORT MSTR DAILY ETF	$1M	N/A	Jun 9, 2025	-0.47
DXD	PROSHARES ULTRASHORT DOW30	$51M	N/A	Jul 11, 2006	-0.46
HDGE	ADVISORSHARES RANGER EQUITY BEAR ETF	$66M	3.62%	Jan 26, 2011	-0.46
SARK	TRADR 1X SHORT INNOVATION DAILY ETF	$68M	0.92%	Nov 5, 2021	-0.46
WEBS	DIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES	$10M	N/A	Nov 7, 2019	-0.46
DOG	PROSHARES SHORT DOW30	$111M	0.95%	Jun 19, 2006	-0.45
BRKU	DIREXION DAILY BRKB BULL 2X SHARES	$58M	N/A	Dec 10, 2024	-0.45
EEV	ProShares UltraShort MSCI Emerging Markets -2x Shares	$6.10M	N/A	Oct 30, 2007	-0.45
EUM	ProShares Short MSCI Emerging Markets -1x Shares	$8.80M	0.95%	Oct 30, 2007	-0.45
WZRD	Opportunistic Trader ETF	$3.90M	1.00%	Jun 24, 2025	-0.45
ETHD	ProShares UltraShort Ether ETF	$84M	N/A	Jun 6, 2024	-0.44
TSLS	Direxion Daily TSLA Bear 1X Shares	$76M	0.95%	Aug 8, 2022	-0.44
GGLS	DIREXION DAILY GOOGL BEAR 1X SHARES	$17M	1.02%	Sep 6, 2022	-0.44
EDZ	DIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES	$37M	N/A	Dec 17, 2008	-0.43
NFLW	ROUNDHILL NFLX WEEKLYPAY ETF	$16M	N/A	Jun 17, 2025	-0.42
SEF	ProShares Short Financials -1x Shares	$18M	0.95%	Jun 10, 2008	-0.42
TSLZ	T-Rex 2X Inverse Tesla Daily Target ETF	$46M	N/A	Oct 18, 2023	-0.42
SKRE	TUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF	$9.60M	N/A	Jan 3, 2024	-0.42
SJB	PROSHARES SHORT HIGH YIELD	$103M	0.95%	Mar 21, 2011	-0.41
EFZ	ProShares Short MSCI EAFE -1X Shares	$16M	0.95%	Oct 23, 2007	-0.41
EFU	ProShares UltraShort MSCI EAFE -2x Shares	$932K	N/A	Oct 23, 2007	-0.41
FNGD	Bank of Montreal	$68M	N/A	Jan 22, 2018	-0.41
SKF	ProShares UltraShort Financials -2x Shares	$16M	N/A	May 23, 2007	-0.40
UVIX	2x Long VIX Futures ETF	$499M	N/A	Mar 28, 2022	-0.39
SMDD	ProShares UltraPro Short MidCap400 -3x Shares	$1.90M	N/A	Feb 9, 2010	-0.39
SRTY	ProShares UltraPro Short Russell2000 -3x Shares	$81M	N/A	Feb 9, 2010	-0.39
SMN	ProShares UltraShort Materials	$3.10M	N/A	Jan 30, 2007	-0.39
SPXU	ProShares UltraPro Short S&P 500	$562M	N/A	Jun 23, 2009	-0.38
EPV	ProShares UltraShort FTSE Europe -2X Shares	$14M	N/A	Jun 16, 2009	-0.38
LFBE	Stone Ridge 2065 Longevity Income ETF	$3.20M	0.25%	Jan 3, 2025	-0.37
FIAT	YIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF	$39M	1.05%	Jul 9, 2024	-0.37
EMTY	ProShares Decline of the Retail Store ETF -1x Shares	$2.90M	0.65%	Nov 14, 2017	-0.37
LFDR	Stone Ridge Durable Income ETF	$855K	0.25%	Jan 9, 2024	-0.37
TAIL	CAMBRIA TAIL RISK ETF	$157M	0.59%	Apr 5, 2017	-0.37
WNTR	YieldMax Short MSTR Option Income Strategy ETF	$72M	1.00%	Mar 26, 2025	-0.37
USIN	WISDOMTREE 7-10 YEAR LADDERED TREASURY FUND	$4.50M	0.15%	Mar 12, 2024	-0.37
CAOS	ALPHA ARCHITECT TAIL RISK ETF	$650M	0.63%	Aug 14, 2013	-0.36
REK	PROSHARES SHORT REAL ESTATE	$12M	0.95%	Mar 16, 2010	-0.36
BTCZ	T-REX 2X INVERSE BITCOIN DAILY TARGET ETF	$26M	N/A	Jul 9, 2024	-0.35
CONI	GRANITESHARES 2X SHORT COIN DAILY ETF	$17M	N/A	Sep 4, 2024	-0.34