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34 Stocks and 66 ETFs for diversifying Tenaris S.A. (TS)

The least correlated asset to Tenaris S.A. (TS) is ETF TEMT (TRADR 2X LONG TEM DAILY ETF). The correlation is -0.7623.

Stocks that lowly correlated with TS

SymbolName
Market cap
SectorIndustry
Correlation
TTANServiceTitan Inc - Class A$7.44BTechnologySoftware - Application-0.67
CAICaris Life Sciences Inc - Class A$4.94BHealthcareBiotechnology-0.65
HNGEHinge Health Inc - Class A$6.74BHealthcareHealth Information Services-0.63
OMDAOmada Health Inc$1.41BHealthcareHealth Information Services-0.62
LHAILinkhome Holdings Inc$19MReal EstateReal Estate Services-0.61
NSRXNasus Pharma Ltd$28MHealthcareDrug Manufacturers - General-0.61
ONCHU1RT Acquisition Corp - Units (1 Ord Cls A & 1 War)$39MFinancial ServicesShell Companies-0.60
GRANGrande Group Ltd - Class A$35MFinancial ServicesCapital Markets-0.57
IBGInnovation Beverage Group Ltd$1.60MConsumer DefensiveBeverages - Wineries & Distilleries-0.55
CARLCarlsmed Inc$301MHealthcareHealth Information Services-0.55
BUSEPFirst Busey Corp$2.21BFinancial ServicesBanks - Regional-0.55
NOEMRCO2 Energy Transition Corp$416KN/AN/A-0.55
MSGYMasonglory Ltd$5.30MIndustrialsEngineering & Construction-0.54
NVSAUNew Vista Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$350MN/AN/A-0.53
EPWKEPWK Holdings Ltd - Class A$9.78KTechnologySoftware - Application-0.52
THHTryHard Holdings Ltd$12MIndustrialsSpecialty Business Services-0.52
DLCAUDeep Lake Capital Acquisition Corp - Units (1 Ord Class A & 1/2 War)$262MN/AN/A-0.52
VCKAUScilex Holding Company - Units (1 Ord & 1/2 War)$37MN/AN/A-0.50
LOARLoar Holdings Inc$6.61BIndustrialsAerospace & Defense-0.50
NAACUNorth Atlantic Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$482MN/AN/A-0.50
GIBOGIBO Holdings Ltd$106MCommunication ServicesInternet Content & Information-0.50
WGRXWellgistics Health Inc$6.79MHealthcarePharmaceutical Retailers-0.50
LGPSLogProstyle Inc$26MIndustrialsConglomerates-0.49
BBOTBridgeBio Oncology Therapeutics Inc Com$674MHealthcareBiotechnology-0.48
NIQNIQ Global Intelligence plc$3.24BN/AN/A-0.48
PLTN/A$508MN/AN/A-0.48
PCPremium Catering (Holdings) Ltd$30MIndustrialsSpecialty Business Services-0.47
BACCBlue Acquisition Corp - Class A$214MFinancial ServicesShell Companies-0.47
FLACFrazier Lifesciences Acquisition Corp - Class A$175MN/AN/A-0.47
XRPNArmada Acquisition Corp II - Class A$330MFinancial ServicesShell Companies-0.46
MENSJyong Biotech Ltd$174MHealthcareBiotechnology-0.46
EMPGEmpro Group Inc$139MHealthcareMedical Distribution-0.46
CTWOCOtwo Advisors Physical European Carbon Allowance Trust$1.85MN/AN/A-0.46
CCVChurchill Capital Corp V - Class A$284MN/AN/A-0.46

ETFs that lowly correlated with TS

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
TEMTTRADR 2X LONG TEM DAILY ETF $56MN/AMay 12, 2025-0.76
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.75
OILDBank of Montreal$53MN/ANov 8, 2021-0.74
HOOWROUNDHILL HOOD WEEKLYPAY ETF $146MN/AJun 17, 2025-0.72
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.71
BFJLFT VEST BITCOIN STRATEGY FLOOR15 ETF - JULY $3.30M0.90%Jun 27, 2025-0.69
RBLYYIELDMAX(R) RBLX OPTION INCOME STRATEGY ETF $2.40M0.99%Jul 28, 2025-0.69
SHPUDIREXION DAILY SHOP BULL 2X ETF $15MN/AAug 5, 2025-0.68
XLFISTATE STREET(R) FINANCIAL SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $5.80M0.35%Jul 29, 2025-0.66
WTIDBank of Montreal$18MN/AFeb 16, 2023-0.65
DVXFWEBs Defined Volatility XLF ETF$251K0.89%Jul 22, 2025-0.64
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$895MN/ANov 24, 2008-0.64
FGSIFT VEST GROWTH STRENGTH & TARGET INCOME ETF $3M0.85%Jun 25, 2025-0.63
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.63
SCOWPACER S&P SMALLCAP 600 QUALITY FCF ARISTOCRATS ETF $1.60M0.59%Aug 27, 2025-0.62
CBOYCalamos Bitcoin Structured Alt Protection ETF July$4.90M0.69%Jul 7, 2025-0.61
CBXYCalamos Bitcoin 90 Series Structured Alt Protection ETF July$5.50M0.69%Jul 7, 2025-0.61
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.60
SSKREX-OSPREY(TM) SOL + STAKING ETF $68M0.75%Jul 1, 2025-0.60
CBTYCalamos Bitcoin 80 Series Structured Alt Protection ETF July$11M0.69%Jul 7, 2025-0.59
XLYISTATE STREET(R) CONSUMER DISCRETIONARY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $2.10M0.35%Jul 29, 2025-0.59
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.58
DJTUT-REX 2X LONG DJT DAILY TARGET ETF $9.40MN/AMar 3, 2025-0.57
TFNST. ROWE PRICE FINANCIALS ETF $14M0.44%Jun 11, 2025-0.57
HBDCHilton BDC Corporate Bond ETF$84M0.39%Jun 10, 2025-0.57
SLONProShares Ultra Solana ETF$17MN/AJul 14, 2025-0.56
JAPNHORIZON KINETICS JAPAN OWNER OPERATOR ETF $23M0.85%May 12, 2025-0.55
BULGLEVERAGE SHARES 2X LONG BULL DAILY ETF $5.20MN/AAug 8, 2025-0.55
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.55
HOOYYIELDMAX(R) HOOD OPTION INCOME STRATEGY ETF $133M0.99%May 7, 2025-0.55
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.55
DVXYWEBs Defined Volatility XLY ETF$230K0.89%Jul 22, 2025-0.55
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.54
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.54
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.54
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.54
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.53
DKNXDEFIANCE DAILY TARGET 2X LONG DKNG ETF $5.40MN/AJul 30, 2025-0.53
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.52
NOWLGRANITESHARES 2X LONG NOW DAILY ETF $286MN/AJul 14, 2025-0.52
AALGLEVERAGE SHARES 2X LONG AAL DAILY ETF $5.30MN/AJul 10, 2025-0.52
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.51
USSHWISDOMTREE 1-3 YEAR LADDERED TREASURY FUND $23M0.15%Mar 12, 2024-0.51
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.50
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.50
XLVISTATE STREET(R) HEALTH CARE SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)HEALTH CARE SELECT SECTOR SPDR(R) PREMIUM INCOME ETF$16M0.35%Jul 29, 2025-0.50
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.49
LCOWPACER S&P 500 QUALITY FCF ARISTOCRATS ETF $26M0.49%May 6, 2025-0.49
TSLWROUNDHILL TSLA WEEKLYPAY ETF $101MN/AFeb 18, 2025-0.49
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.49
METWROUNDHILL META WEEKLYPAY ETF $25MN/AJun 17, 2025-0.49
BFRZInnovator Equity Managed 100 Buffer ETF$137M0.89%May 12, 2025-0.48
UNHGLEVERAGE SHARES 2X LONG UNH DAILY ETF $121MN/AJul 21, 2025-0.48
COYYGRANITESHARES YIELDBOOST COIN ETF $21M1.07%Jul 28, 2025-0.48
SOLZSolana ETF$85M1.64%Mar 19, 2025-0.48
FFOXFUNDX FUTURE FUND OPPORTUNITIES ETF $240M1.02%Jun 9, 2025-0.47
BASGBROWN ADVISORY SUSTAINABLE GROWTH ETF $494M0.61%Jun 13, 2025-0.47
APPXTRADR 2X LONG APP DAILY ETF$112MN/AApr 24, 2025-0.47
SLDRGLOBAL X SHORT-TERM TREASURY LADDER ETF $39M0.12%Sep 9, 2024-0.47
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.47
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.47
TYDDIREXION DAILY 7-10 YEAR TREASURY BULL 3X SHARES $35MN/AApr 16, 2009-0.46
USTPROSHARES ULTRA 7-10 YEAR TREASURY $15MN/AJan 19, 2010-0.46
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.46
CBXACalamos Bitcoin 90 Series Structured Alt Protection ETF April$5.20M0.69%Apr 4, 2025-0.46
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.46