Skip to main content

Want a detailed portfolio tracker?

OverviewPerformanceMetricsFinancialsETFsIndustryCorrelations
High CorrelationLow Correlation

29 Stocks and 71 ETFs for diversifying Spotify Technology S.A. (SPOT)

The least correlated asset to Spotify Technology S.A. (SPOT) is ETF NFXS (DIREXION DAILY NFLX BEAR 1X SHARES). The correlation is -0.7708.

Stocks that lowly correlated with SPOT

SymbolName
Market cap
SectorIndustry
Correlation
EGHAEGH Acquisition Corp - Class A$212MFinancial ServicesShell Companies-0.75
CFG-P-ICitizens Financial Group Inc$11BN/AN/A-0.75
AOMDAngel Oak Mortgage REIT Inc$622MN/AN/A-0.72
RNERUMount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt)$125MN/AN/A-0.70
EVACEDWARDS GROUP LTD Foreign$597MFinancial ServicesShell Companies-0.69
CHPGChampionsGate Acquisition Corp - Class A$78MFinancial ServicesShell Companies-0.69
OXSQHOxford Square Capital Corp$2.35BN/AN/A-0.62
TWODTwo Harbors Investment Corp$2.67BN/AN/A-0.61
ALMSAlumis Inc$3.60BHealthcareBiotechnology-0.58
TMUSZTMobile US Inc 5.500 Senior Notes due March 2070$24BN/AN/A-0.58
LIONULionheart III Corp - Units (1 Ord Share Class A & 1/2 War)$113MN/AN/A-0.57
PMTWPennymac Mortgage Investment Trust$2.23BN/AN/A-0.55
WSBKWinchester Bancorp Inc$121MFinancial ServicesBanks - Regional-0.55
TMUSLTMobile US Inc 6.250 Senior Notes due 2069$27BN/AN/A-0.54
VNMEVendome Acquisition Corporation I$254MFinancial ServicesShell Companies-0.54
LCCCLakeshore Acquisition III Corp$72MFinancial ServicesShell Companies-0.53
TMUSITMobile US Inc 5.500 Senior Notes due June 2070$23BN/AN/A-0.53
JENAJena Acquisition Corporation II Class A$242MFinancial ServicesShell Companies-0.52
SHMDSCHMID Group N.V. - Class A$215MIndustrialsSpecialty Industrial Machinery-0.50
AEBIAebi Schmidt Holding AG$971MIndustrialsFarm & Heavy Construction Machinery-0.49
PXDTPixie Dust Technologies Inc$8.62MTechnologyConsumer Electronics-0.49
INACUIndigo Acquisition Corp - Units (1 Ord Shs & 1 Rts)$34MFinancial ServicesShell Companies-0.48
SDSTStardust Power Inc$18MIndustrialsElectrical Equipment & Parts-0.47
LINELineage Inc$9.99BReal EstateReit - Industrial-0.47
NCEWNew Century Logistics (BVI) Ltd$54MIndustrialsIntegrated Freight & Logistics-0.47
FLOCFlowco Holdings Inc - Class A$2.18BEnergyOil & Gas Equipment & Services-0.46
PMTVPennymac Mortgage Investment Trust$2.20BN/AN/A-0.46
YMTYimutian Inc$111MTechnologySoftware - Application-0.46
CMDBCostamare Bulkers Holdings Ltd$485MIndustrialsMarine Shipping-0.45

ETFs that lowly correlated with SPOT

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
NFXSDIREXION DAILY NFLX BEAR 1X SHARES $5.40M1.03%Oct 2, 2024-0.77
GXPSGLOBAL X PURECAP MSCI CONSUMER STAPLES ETF $59M0.15%Jul 22, 2025-0.77
PLTDT-REX 2X INVERSE PLTR DAILY TARGET ETF $47M0.98%Dec 10, 2024-0.76
IDEQLAZARD INTERNATIONAL DYNAMIC EQUITY ETF $1.50B0.40%May 29, 2015-0.75
QALTSEI DBI MULTI-STRATEGY ALTERNATIVE ETF $194M0.80%Jun 30, 2023-0.71
GEOAWISDOMTREE GEOALPHA OPPORTUNITIES FUND $893K0.58%Jul 3, 2025-0.71
XLSISTATE STREET(R) CONSUMER STAPLES SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $4.70M0.35%Jul 29, 2025-0.70
DVXPWEBs Defined Volatility XLP ETF$251K0.89%Jul 22, 2025-0.69
EPEMHARBOR EMERGING MARKETS EQUITY ETF $8M0.84%Jun 4, 2025-0.67
TIIVAAM TODD INTERNATIONAL INTRINSIC VALUE ETF $31M0.54%Jul 24, 2025-0.65
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.64
BINTBLUEMONTE GLOBAL EQUITY ETF $404M0.23%Jun 20, 2025-0.64
BLUIBLUEMONTE DIVERSIFIED INCOME ETF $105M0.75%Jun 20, 2025-0.63
DIVNHORIZON DIVIDEND INCOME ETF $191M0.70%Jun 25, 2025-0.63
DVINWEBs Defined Volatility XLI ETF$313K0.89%Jul 22, 2025-0.62
AFOSARS FOCUSED OPPORTUNITIES STRATEGY ETF $301M0.45%Jun 25, 2025-0.61
EMOPAB EMERGING MARKETS OPPORTUNITIES ETF $2.10B0.70%Dec 15, 1995-0.61
RBPROSHARES RUSSELL 2000 DYNAMIC DAILY BUFFER ETF $1.20M0.58%Jun 24, 2025-0.60
JOYTJPMORGAN EQUITY AND OPTIONS TOTAL RETURN ETF $94M0.35%Aug 18, 2025-0.59
OTGLOTG LATIN AMERICA ETF $28M0.95%May 7, 2019-0.59
PMMFiShares Prime Money Market ETF$646M0.20%Feb 4, 2025-0.57
HGROHEDGEYE QUALITY GROWTH ETF $130M0.70%Jun 10, 2025-0.57
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.56
DVXBWEBs Defined Volatility XLB ETF$276K0.89%Jul 22, 2025-0.56
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.56
VGUSVANGUARD ULTRA-SHORT TREASURY ETF ETF SHARES$1B0.07%Feb 10, 2025-0.55
AKAFTHE FRONTIER ECONOMIC FUND $2.80M0.20%Jun 25, 2025-0.54
GMMFiShares Government Money Market ETF$178M0.20%Feb 4, 2025-0.54
GKATSCHARF GLOBAL OPPORTUNITY ETF $160M0.59%Oct 14, 2014-0.53
EPINHARBOR INTERNATIONAL EQUITY ETF $7.70M0.80%Jun 4, 2025-0.53
RINTRUSSELL INVESTMENTS INTERNATIONAL DEVELOPED EQUITY ETF $139M0.49%May 13, 2025-0.53
SPXDXTRACKERS S&P 500 DIVERSIFIED SECTOR WEIGHT ETF $6.90M0.09%Jul 23, 2025-0.52
SGVTSCHWAB GOVERNMENT MONEY MARKET ETF $770M0.28%Jun 11, 2025-0.52
BITIProShares Short Bitcoin ETF$144M1.01%Jun 21, 2022-0.52
EPMBHARBOR MID CAP CORE ETF $4.70M0.88%May 1, 2025-0.52
XLBISTATE STREET(R) MATERIALS SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $6.90M0.35%Jul 29, 2025-0.52
KGLDKurv Gold Enhanced Income ETF$97M1.00%Jul 7, 2025-0.52
IAUINEOS GOLD HIGH INCOME ETF $448M0.79%Jun 4, 2025-0.51
IQSZInvesco Managed Futures Strategy ETF Global Equity Net Zero$170M0.19%Jul 14, 2025-0.51
CGVVCAPITAL GROUP U.S. LARGE VALUE ETF SHARE CLASS$146M0.33%Jun 24, 2025-0.50
SLJYAmplify SILJ Covered Call ETF$54M0.76%Aug 18, 2025-0.50
RGLORUSSELL INVESTMENTS GLOBAL EQUITY ETF $337M0.49%May 29, 2025-0.50
XLIISTATE STREET(R) INDUSTRIAL SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $7.70M0.35%Jul 29, 2025-0.49
LVDSJPMORGAN FUNDAMENTAL DATA SCIENCE LARGE VALUE ETF $106M0.30%Feb 28, 2003-0.49
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.49
VBILVANGUARD 0-3 MONTH TREASURY BILL ETF ETF SHARES$9.30B0.06%Feb 10, 2025-0.49
PMJNPGIM S&P 500 MAX BUFFER ETF - JUNE $5.10M0.50%May 30, 2025-0.48
CSTKInvesco Comstock Contrarian Equity ETF$173M0.35%May 5, 2025-0.48
TURFT. ROWE PRICE NATURAL RESOURCES ETF $157M0.44%Jun 11, 2025-0.47
DGLOFIRST TRUST RBA DEGLOBALIZATION ETF $3.60M0.70%Aug 5, 2025-0.47
ASGMVirtus ETF Trust II AlphaSimplex Global Macro$8.60M0.86%Aug 4, 2025-0.47
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.47
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.47
CPSUCalamos S&P 500 Structured Alt Protection ETF June$25M0.69%May 30, 2025-0.47
EMESHARBOR EMERGING MARKETS SELECT ETF $12M0.65%May 14, 2025-0.47
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.47
EPSVHARBOR SMID CAP VALUE ETF $6.30M0.88%May 1, 2025-0.47
HUMNROUNDHILL HUMANOID ROBOTICS ETF $83M0.75%Jun 25, 2025-0.47
CONIGRANITESHARES 2X SHORT COIN DAILY ETF $16MN/ASep 4, 2024-0.46
DVREWEBs Defined Volatility XLRE ETF$244K0.89%Jul 22, 2025-0.46
MBSXREGAN FIXED RATE MBS ETF $17M0.40%Apr 30, 2025-0.46
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $35M1.05%Jul 9, 2024-0.46
ZJUNInnovator Equity Defined Protection ETF 1 Yr June$153M0.79%May 30, 2025-0.45
QBSFALLIANZIM U.S. EQUITY BUFFER15 ETF $36M0.64%Jun 30, 2025-0.45
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.45
BUFHFT Vest Laddered Max Buffer ETF$55M0.95%Jun 24, 2025-0.44
MFUTCAMBRIA CHESAPEAKE PURE TREND ETF $39M1.18%May 28, 2024-0.44
RIFRRUSSELL INVESTMENTS GLOBAL INFRASTRUCTURE ETF $43M0.59%May 13, 2025-0.44
BILTiShares Infrastructure Active ETF$32M0.60%Jul 29, 2025-0.44
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.44
TAXINORTHERN TRUST INTERMEDIATE TAX-EXEMPT BOND ETF $160M0.05%Aug 18, 2025-0.44