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58 Stocks and 42 ETFs for diversifying Tencent Music Entertainment Group (TME)

The least correlated asset to Tencent Music Entertainment Group (TME) is company Lakeshore Acquisition III (LCCC). The correlation is -0.7034.

Stocks that lowly correlated with TME

SymbolName
Market cap
SectorIndustry
Correlation
LCCCLakeshore Acquisition III Corp$72MFinancial ServicesShell Companies-0.70
SLDESlide Insurance Holdings Inc$2.20BFinancial ServicesInsurance - Property & Casualty-0.69
NCEWNew Century Logistics (BVI) Ltd$58MIndustrialsIntegrated Freight & Logistics-0.66
ADVBAdvanced Biomed Inc$5.36MHealthcareDiagnostics & Research-0.61
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.57
PFAIPinnacle Food Group Ltd - Class A$46MConsumer DefensiveFarm Products-0.56
CSAICloudastructure Inc - Class A$8.98MTechnologySoftware - Infrastructure-0.55
VSTSVestis Corporation$1.58BIndustrialsRental & Leasing Services-0.54
LIONLionsgate Studios Corp - New$3.99BFinancial ServicesShell Companies-0.54
GIBOGIBO Holdings Ltd$42MCommunication ServicesInternet Content & Information-0.52
CBIOCrescent Biopharma Inc$573MHealthcareBiotechnology-0.51
DAAQDigital Asset Acquisition Corp - Class A$178MFinancial ServicesShell Companies-0.51
TMDETMD Energy Ltd$18MEnergyOil & Gas Midstream-0.48
SDHISiddhi Acquisition Corp - Class A$287MFinancial ServicesShell Companies-0.45
SAFXXCF Global Inc$126MUtilitiesUtilities - Renewable-0.44
EQVEQV Ventures Acquisition Corp.$466MFinancial ServicesShell Companies-0.44
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.44
FLOCFlowco Holdings Inc - Class A$2.18BEnergyOil & Gas Equipment & Services-0.44
UYSCUY Scuti Acquisition Corp$73MFinancial ServicesShell Companies-0.43
HONDHCM II Acquisition Corp. Class A Ordinary Shares$519MFinancial ServicesShell Companies-0.42
STAKStak Inc$17MEnergyOil & Gas Equipment & Services-0.41
HBNBHotel101 Global Holdings Corp$1.36BReal EstateReal Estate Services-0.40
DTSQDT Cloud Star Acquisition Corp$70MFinancial ServicesShell Companies-0.40
CAPNCayson Acquisition Corp$63MFinancial ServicesShell Companies-0.40
OFALOFA Group$10MIndustrialsEngineering & Construction-0.39
ZBAIATIF Holdings Ltd$155MFinancial ServicesCapital Markets-0.39
IPCXInflection Point Acquisition Corp III - Class A$261MFinancial ServicesShell Companies-0.39
STRZStarz Entertainment Corp$380MCommunication ServicesEntertainment-0.38
NPACNew Providence Acquisition Corp III - Class A$397MFinancial ServicesShell Companies-0.37
TELOTelomir Pharmaceuticals Inc$46MHealthcareBiotechnology-0.37
NMAXNewsmax Inc Class B$1BCommunication ServicesBroadcasting-0.37
TLXTelix Pharmaceuticals Ltd$3.30BHealthcareBiotechnology-0.36
NSA-P-BNational Storage Affiliates Trust$2.18BN/AN/A-0.35
SYRASyra Health Corp - Class A$5.82MHealthcareMedical Care Facilities-0.35
IOTRiOThree Ltd$5.23MCommunication ServicesTelecom Services-0.35
OKURReneo Pharmaceuticals Inc - Class A$59MHealthcareBiotechnology-0.34
DFSCDEFSEC Technologies Inc Com$8.73MIndustrialsAerospace & Defense-0.34
GROBrazil Potash Corp$132MBasic MaterialsOther Industrial Metals & Mining-0.34
EMBKEmbark Technology Inc - Class A$68MN/AN/A-0.34
SMCSummit Midstream Corp$352MEnergyOil & Gas Midstream-0.33
VEEAVeea Inc$35MTechnologyInformation Technology Services-0.33
ETOREtoro Group Ltd - Class A$3.64BFinancial ServicesCapital Markets-0.33
PMTVPennymac Mortgage Investment Trust$2.20BN/AN/A-0.33
QETAUQuetta Acquisition Corp - Units (1 1 Rights)$27MFinancial ServicesShell Companies-0.33
ANTXAN2 Therapeutics Inc$167MHealthcareBiotechnology-0.33
PL-WSPlanet Labs PBC Wt Exp 06122026$7.30BN/AN/A-0.33
SKYQSky Quarry Inc$9.03MEnergyOil & Gas Integrated-0.32
VACHVoyager Acquisition Corp - Class A$279MFinancial ServicesShell Companies-0.32
UYSCUUY Scuti Acquisition Corp - Units (1 Ord Shs & 1 Rts)$89MFinancial ServicesShell Companies-0.31
SVCOSilvaco Group Inc$316MTechnologySoftware - Application-0.31
KIM-P-NKimco Realty Corporation$41BN/AN/A-0.31
ILAGIntelligent Living Application Group Inc$7.75MIndustrialsBuilding Products & Equipment-0.31
HMRSports Properties Acquisition Corp$73MIndustrialsMarine Shipping-0.30
NXUEnergy Vault Holdings Inc - Class A$4.48MIndustrialsElectrical Equipment & Parts-0.30
MRXMarex Group Plc$3.85BFinancial ServicesCapital Markets-0.30
TOYOTOYO Co Ltd$560MTechnologySolar-0.30
CHAChagee Holdings Ltd$1.65BConsumer CyclicalRestaurants-0.30
BCAXBicara Therapeutics Inc$1.41BHealthcareBiotechnology-0.30

ETFs that lowly correlated with TME

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
YXIProShares Short FTSE China 50 -1x Shares$4.30M0.95%Mar 16, 2010-0.66
FXPProShares UltraShort FTSE China 50 -2x Shares$5.60MN/ANov 6, 2007-0.66
YANGDIREXION DAILY FTSE CHINA BEAR 3X SHARES $110MN/ADec 3, 2009-0.63
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.53
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.53
PLTDT-REX 2X INVERSE PLTR DAILY TARGET ETF $29M0.98%Dec 10, 2024-0.51
BWETBreakwave Tanker Shipping ETF$38M3.50%May 1, 2023-0.46
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.46
METDDIREXION DAILY META BEAR 1X SHARES $8.60M1.02%Jun 5, 2024-0.45
RSBYRETURN STACKED(R) BONDS & FUTURES YIELD ETF $78M1.01%Aug 20, 2024-0.43
TNGYTORTOISE ENERGY ETF $600M0.85%Dec 27, 2010-0.42
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.41
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.41
INTLMAIN INTERNATIONAL ETF $222M0.84%Dec 1, 2022-0.41
NVDQT-Rex 2X Inverse NVIDIA Daily Target ETF$36MN/AOct 18, 2023-0.40
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.40
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $9.80M1.05%Jul 23, 2024-0.40
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $23M1.01%Sep 12, 2023-0.40
CERYSPDR BLOOMBERG ENHANCED ROLL YIELD COMMODITY STRATEGY NO K-1 ETF $1.10B0.28%Sep 4, 2024-0.40
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $4.80MN/AMar 31, 2025-0.39
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $75MN/AAug 21, 2023-0.39
MSFDDIREXION DAILY MSFT BEAR 1X SHARES $42M1.02%Sep 6, 2022-0.38
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.36
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.36
HIDEALPHA ARCHITECT HIGH INFLATION AND DEFLATION ETF $115M0.29%Nov 16, 2022-0.36
JUCYAPTUS ENHANCED YIELD ETF $234M0.60%Oct 31, 2022-0.36
SETHProShares Short Ether ETF$16M0.95%Nov 1, 2023-0.36
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.20MN/AMay 15, 2024-0.35
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $307M0.90%Dec 1, 2020-0.35
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $23M0.50%Mar 6, 2024-0.34
BOXXALPHA ARCHITECT 1-3 MONTH BOX ETF $11B0.19%Dec 27, 2022-0.33
ETHDProShares UltraShort Ether ETF$84MN/AJun 6, 2024-0.33
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $396M0.51%Dec 18, 2013-0.33
QBProShares Nasdaq100 Dynamic Buffer ETF$1.40M0.58%Jun 24, 2025-0.32
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $14M1.11%Aug 14, 2024-0.32
EUOProShares UltraShort Euro -2X Shares$38MN/ANov 24, 2008-0.31
USOYDEFIANCE OIL ENHANCED OPTIONS INCOME ETF $76M1.12%May 9, 2024-0.31
UUPInvesco DB US Dollar Index Bullish Fund$352M0.75%Feb 20, 2007-0.30
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.30
FNGDBank of Montreal$68MN/AJan 22, 2018-0.30
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.30
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.30