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55 Stocks and 45 ETFs for diversifying Tencent Music Entertainment Group (TME)

The least correlated asset to Tencent Music Entertainment Group (TME) is company Globa Terra Acquisition (GTERA). The correlation is -0.7178.

Stocks that lowly correlated with TME

SymbolName
Market cap
SectorIndustry
Correlation
GTERAGloba Terra Acquisition Corporation Class A$246MFinancial ServicesShell Companies-0.72
LCCCLakeshore Acquisition III Corp$72MFinancial ServicesShell Companies-0.67
NCEWNew Century Logistics (BVI) Ltd$54MIndustrialsIntegrated Freight & Logistics-0.65
APADREnhanced Group Inc$6.67MN/AN/A-0.63
KCHVKochav Defense Acquisition Corp - Class A$263MFinancial ServicesShell Companies-0.63
ADVBAdvanced Biomed Inc$7.21MHealthcareDiagnostics & Research-0.56
PFAIPinnacle Food Group Ltd - Class A$43MConsumer DefensiveFarm Products-0.56
SLDESlide Insurance Holdings Inc$2.32BFinancial ServicesInsurance - Property & Casualty-0.52
CBION/A$432MHealthcareBiotechnology-0.51
LIONLionsgate Studios Corp - New$3.99BFinancial ServicesShell Companies-0.51
CTWCTW Cayman - Class A$147MCommunication ServicesElectronic Gaming & Multimedia-0.48
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.47
CSAICloudastructure Inc - Class A$7.44MTechnologySoftware - Infrastructure-0.47
DAAQDigital Asset Acquisition Corp - Class A$180MFinancial ServicesShell Companies-0.46
KMRKKTech Solutions Company Ltd$21MConsumer CyclicalLeisure-0.44
SDHISiddhi Acquisition Corp - Class A$288MFinancial ServicesShell Companies-0.44
EQVEQV Ventures Acquisition Corp.$466MFinancial ServicesShell Companies-0.44
SAFXXCF Global Inc$145MUtilitiesUtilities - Renewable-0.44
HONDHCM II Acquisition Corp. Class A Ordinary Shares$519MFinancial ServicesShell Companies-0.42
LWACLightWave Acquisition Corp - Class A$221MFinancial ServicesShell Companies-0.41
UYSCUY Scuti Acquisition Corp$74MFinancial ServicesShell Companies-0.41
MGRTMega Fortune Company Ltd$1.03BTechnologyInformation Technology Services-0.40
DTSQDT Cloud Star Acquisition Corp$70MFinancial ServicesShell Companies-0.40
HBNBHotel101 Global Holdings Corp$1.31BReal EstateReal Estate Services-0.40
FLOCFlowco Holdings Inc - Class A$2.18BEnergyOil & Gas Equipment & Services-0.40
ZBAIATIF Holdings Ltd$155MFinancial ServicesCapital Markets-0.39
WENNWen Acquisition Corp - Class A$310MFinancial ServicesShell Companies-0.39
CAPNCayson Acquisition Corp$64MFinancial ServicesShell Companies-0.38
APADUA Paradise Acquisition Corp Unit$67MFinancial ServicesShell Companies-0.37
TELOTelomir Pharmaceuticals Inc$46MHealthcareBiotechnology-0.37
IPCXInflection Point Acquisition Corp III - Class A$263MFinancial ServicesShell Companies-0.36
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.36
NPACNew Providence Acquisition Corp III - Class A$398MFinancial ServicesShell Companies-0.36
MHMcGraw Hill Inc$1.95BConsumer DefensiveEducation & Training Services-0.36
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$18MFinancial ServicesShell Companies-0.36
STRZStarz Entertainment Corp$468MCommunication ServicesEntertainment-0.36
SYRASyra Health Corp - Class A$13MHealthcareMedical Care Facilities-0.35
OKURReneo Pharmaceuticals Inc - Class A$59MHealthcareBiotechnology-0.35
TLXTelix Pharmaceuticals Ltd$3.82BHealthcareBiotechnology-0.34
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.34
NMAXNewsmax Inc Class B$1.09BCommunication ServicesBroadcasting-0.34
EMBKEmbark Technology Inc - Class A$68MN/AN/A-0.34
DFSCDEFSEC Technologies Inc Com$3.99MIndustrialsAerospace & Defense-0.34
SSEAUStarry Sea Acquisition Corp - Units (1 Ord Shs & 1/6 Rts)$19MFinancial ServicesShell Companies-0.33
GROBrazil Potash Corp$121MBasic MaterialsOther Industrial Metals & Mining-0.33
OFALOFA Group$3.36MIndustrialsEngineering & Construction-0.33
SMCSummit Midstream Corp$375MEnergyOil & Gas Midstream-0.33
PL-WSPlanet Labs PBC Wt Exp 06122026$8.19BN/AN/A-0.33
ANTXAN2 Therapeutics Inc$168MHealthcareBiotechnology-0.32
TFIN-PTriumph Financial Inc Depositary Shares Series C$531MFinancial ServicesBanks - Regional-0.32
IOTRiOThree Ltd$13MCommunication ServicesTelecom Services-0.32
ETOREtoro Group Ltd - Class A$3.63BFinancial ServicesCapital Markets-0.32
OYSEOyster Enterprises II Acquisition Corp$268MFinancial ServicesShell Companies-0.32
PMTVPennymac Mortgage Investment Trust$2.20BN/AN/A-0.32
PCAPPatriot Capital Funding Inc$324MFinancial ServicesShell Companies-0.31

ETFs that lowly correlated with TME

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
YXIProShares Short FTSE China 50 -1x Shares$5M0.95%Mar 16, 2010-0.66
FXPProShares UltraShort FTSE China 50 -2x Shares$7.60MN/ANov 6, 2007-0.65
YANGDIREXION DAILY FTSE CHINA BEAR 3X SHARES $104MN/ADec 3, 2009-0.62
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.52
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.52
PLTDT-REX 2X INVERSE PLTR DAILY TARGET ETF $47M0.98%Dec 10, 2024-0.51
FFUTFIDELITY MANAGED FUTURES ETF $247M0.80%Jun 3, 2025-0.50
RBILF/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF $139M0.17%Feb 24, 2025-0.47
SBILSimplify Government Money Market ETF$5B0.15%Jul 14, 2025-0.47
BWETBreakwave Tanker Shipping ETF$17M3.50%May 1, 2023-0.46
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.46
XLEISTATE STREET(R) ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF$40M0.35%Jul 29, 2025-0.46
CXRNTEUCRIUM 2X DAILY CORN ETF $4MN/ADec 12, 2024-0.44
WTIPWISDOMTREE INFLATION PLUS FUND $21M0.65%Jun 16, 2025-0.44
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.43
RSBYRETURN STACKED(R) BONDS & FUTURES YIELD ETF $64M1.01%Aug 20, 2024-0.43
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.41
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.41
TIPANORTHERN TRUST 2030 INFLATION-LINKED DISTRIBUTING LADDER ETF $18M0.10%Aug 18, 2025-0.41
NVDQT-REX 2X INVERSE NVIDIA DAILY TARGET ETF $22MN/AOct 18, 2023-0.41
INTLMAIN INTERNATIONAL ETF $232M0.84%Dec 1, 2022-0.41
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $19M1.01%Sep 12, 2023-0.41
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.40
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.40
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.39
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $61MN/AAug 21, 2023-0.39
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.39
MSFDDIREXION DAILY MSFT BEAR 1X SHARES $11M1.02%Sep 6, 2022-0.38
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.37
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.37
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.36
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.36
SETHProShares Short Ether ETF$23M0.95%Nov 1, 2023-0.36
JUCYAPTUS ENHANCED YIELD ETF $251M0.60%Oct 31, 2022-0.35
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $13MN/AMar 31, 2025-0.35
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.35
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.34
GXPEGLOBAL X PURECAP MSCI ENERGY ETF $1.20M0.15%Jul 22, 2025-0.34
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $298M0.90%Dec 1, 2020-0.34
WXETTEUCRIUM 2X DAILY WHEAT ETF $7MN/ADec 12, 2024-0.34
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.33
ETHDProShares UltraShort Ether ETF$86MN/AJun 6, 2024-0.32
USNGAMPLIFY SAMSUNG U.S. NATURAL GAS INFRASTRUCTURE ETF $7.40M0.59%May 19, 2025-0.32
EUOProShares UltraShort Euro -2X Shares$35MN/ANov 24, 2008-0.32
SGVTSCHWAB GOVERNMENT MONEY MARKET ETF $770M0.28%Jun 11, 2025-0.32