Overview Performance Dividends Metrics Financials ETFs Industry Splits Correlations

27 Stocks and 73 ETFs for diversifying Taiwan Semiconductor Manufacturing (TSM)

The least correlated asset to Taiwan Semiconductor Manufacturing (TSM) is ETF TSMZ (DIREXION DAILY TSM BEAR 1X SHARES). The correlation is -0.9451.

Stocks that lowly correlated with TSM

Symbol	Name	Market cap	Sector	Industry	Correlation
PLBL	Polibeli Group Ltd	$2.84B	Consumer Cyclical	Department Stores	-0.72
ASIC	Ategrity Specialty Holdings LLC	$1.08B	Financial Services	Insurance - Property & Casualty	-0.65
CLIK	Click Holdings Ltd	$4.19M	Consumer Cyclical	Personal Services	-0.54
BOW	Bowhead Specialty Holdings Inc	$982M	Financial Services	Insurance - Property & Casualty	-0.51
JCAP	Jefferson Capital Inc	$1.06B	Financial Services	Credit Services	-0.50
CURX	Curanex Pharmaceuticals Inc	$6.11M	Healthcare	Biotechnology	-0.49
IROHU	CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)	$453M	N/A	N/A	-0.49
MH	McGraw Hill Inc	$1.95B	Consumer Defensive	Education & Training Services	-0.49
WGRX	Wellgistics Health Inc	$6.79M	Healthcare	Pharmaceutical Retailers	-0.49
OYSE	Oyster Enterprises II Acquisition Corp	$268M	Financial Services	Shell Companies	-0.47
PVLA	Palvella Therapeutics Inc	$2.18B	Healthcare	Biotechnology	-0.46
SI	Shoulder Innovations Inc	$452M	N/A	N/A	-0.45
TMDE	TMD Energy Ltd	$21M	Energy	Oil & Gas Midstream	-0.44
DLXY	Delixy Holdings Ltd	$7.64M	Energy	Oil & Gas Refining & Marketing	-0.44
LGPS	LogProstyle Inc	$26M	Industrials	Conglomerates	-0.44
NIQ	NIQ Global Intelligence plc	$3.24B	N/A	N/A	-0.43
ARX	Accelerant Holdings - Class A	$2.82B	Financial Services	Insurance Brokers	-0.41
LSBK	Lake Shore Bancorp Inc	$134M	Financial Services	Banks - Regional	-0.40
LHAI	Linkhome Holdings Inc	$19M	Real Estate	Real Estate Services	-0.40
TRUG	TruGolf Holdings Inc - Class A	$1.24M	Consumer Cyclical	Leisure	-0.38
EPWK	EPWK Holdings Ltd - Class A	$9.78K	Technology	Software - Application	-0.38
GIBO	GIBO Holdings Ltd	$106M	Communication Services	Internet Content & Information	-0.38
DGNX	Diginex Ltd	$28M	Industrials	Consulting Services	-0.37
OMSE	OMS Energy Technologies Inc	$197M	Energy	Oil & Gas Equipment & Services	-0.37
BACC	Blue Acquisition Corp - Class A	$214M	Financial Services	Shell Companies	-0.37
SOCAU	Solarius Capital Acquisition Corp Units	$179M	Financial Services	Shell Companies	-0.37
CHYM	Chime Financial Inc - Class A	$8.43B	Technology	Software - Application	-0.36

ETFs that lowly correlated with TSM

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
TSMZ	DIREXION DAILY TSM BEAR 1X SHARES	$2.80M	1.01%	Oct 2, 2024	-0.95
SLTY	YIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF	$19M	1.25%	Aug 20, 2025	-0.79
NVDD	DIREXION DAILY NVDA BEAR 1X SHARES	$19M	1.01%	Sep 12, 2023	-0.73
NVD	GRANITESHARES 2X SHORT NVDA DAILY ETF	$61M	N/A	Aug 21, 2023	-0.72
EUM	ProShares Short MSCI Emerging Markets -1x Shares	$9.80M	0.95%	Oct 30, 2007	-0.72
NVDQ	T-REX 2X INVERSE NVIDIA DAILY TARGET ETF	$22M	N/A	Oct 18, 2023	-0.71
EEV	ProShares UltraShort MSCI Emerging Markets -2x Shares	$2.60M	N/A	Oct 30, 2007	-0.71
YQQQ	YIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF	$16M	1.11%	Aug 14, 2024	-0.70
NVDS	Tradr 1.5X Short NVDA Daily ETF	$18M	N/A	Jul 13, 2022	-0.70
AIBD	Direxion Daily AI and Big Data Bear 2X ETF	$4.70M	N/A	May 15, 2024	-0.67
SMCZ	DEFIANCE DAILY TARGET 2X SHORT SMCI ETF	$13M	N/A	Mar 31, 2025	-0.66
PSQ	ProShares Short QQQ -1x Shares	$601M	0.95%	Jun 19, 2006	-0.66
QQQD	DIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES	$35M	0.50%	Mar 6, 2024	-0.66
QBER	TRUESHARES QUARTERLY BEAR HEDGE ETF	$82M	0.79%	Jun 28, 2024	-0.64
DIPS	YIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF	$8.20M	1.05%	Jul 23, 2024	-0.62
MUD	Direxion Daily MU Bear 1X Shares	$76M	1.02%	Oct 9, 2024	-0.62
SDS	ProShares UltraShort S&P500 -2x Shares	$398M	N/A	Jul 11, 2006	-0.61
SH	ProShares Short S&P500 -1x Shares	$973M	0.89%	Jun 19, 2006	-0.61
SPDN	DIREXION DAILY S&P 500 (R) BEAR 1X SHARES	$195M	0.48%	Jun 8, 2016	-0.61
EWV	ProShares UltraShort MSCI Japan -2x Shares	$5.70M	N/A	Nov 6, 2007	-0.60
AVS	DIREXION DAILY AVGO BEAR 1X SHARES	$7.50M	1.03%	Oct 9, 2024	-0.59
REW	ProShares UltraShort Technology -2x Shares	$2.80M	N/A	Jan 30, 2007	-0.58
BRKU	DIREXION DAILY BRKB BULL 2X SHARES	$45M	N/A	Dec 10, 2024	-0.58
UVIX	2x Long VIX Futures ETF	$290M	N/A	Mar 28, 2022	-0.57
EDZ	DIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES	$14M	N/A	Dec 17, 2008	-0.57
EFZ	ProShares Short MSCI EAFE -1X Shares	$12M	0.95%	Oct 23, 2007	-0.56
EFU	ProShares UltraShort MSCI EAFE -2x Shares	$1.20M	N/A	Oct 23, 2007	-0.56
AMDD	T-REX 2X INVERSE AMD DAILY TARGET ETF	$16M	1.03%	Feb 11, 2025	-0.55
TWM	ProShares UltraShort Russell2000 -2x Shares	$38M	N/A	Jan 23, 2007	-0.55
RWM	PROSHARES SHORT RUSSELL2000	$113M	0.95%	Jan 23, 2007	-0.55
HIBS	Direxion Daily S&P 500 High Beta Bear 3X Shares	$17M	N/A	Nov 7, 2019	-0.54
SIJ	ProShares UltraShort Industrials -2x Shares	$5.50M	N/A	Jan 30, 2007	-0.53
MYY	PROSHARES SHORT MIDCAP400	$2.90M	0.95%	Jun 19, 2006	-0.52
MZZ	PROSHARES ULTRASHORT MIDCAP400	$2.40M	N/A	Jul 11, 2006	-0.52
SCC	ProShares UltraShort Consumer Discretionary	$6.80M	N/A	Jan 30, 2007	-0.52
SDOW	ProShares UltraPro Short Dow30 -3x Shares	$185M	N/A	Feb 9, 2010	-0.52
SARK	TRADR 1X SHORT INNOVATION DAILY ETF	$43M	0.92%	Nov 5, 2021	-0.52
EPV	ProShares UltraShort FTSE Europe -2X Shares	$13M	N/A	Jun 16, 2009	-0.52
SBB	ProShares Short SmallCap600 -1x Shares	$3.30M	0.95%	Jan 23, 2007	-0.51
WEBS	DIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES	$8.70M	N/A	Nov 7, 2019	-0.51
SDD	PROSHARES ULTRASHORT SMALLCAP600	$1.20M	N/A	Jan 23, 2007	-0.49
HDGE	ADVISORSHARES RANGER EQUITY BEAR ETF	$66M	3.62%	Jan 26, 2011	-0.49
BNKD	Bank of Montreal	$1.10M	N/A	Feb 20, 2025	-0.49
YXI	ProShares Short FTSE China 50 -1x Shares	$5M	0.95%	Mar 16, 2010	-0.49
IONZ	Defiance Daily Target 2x Short IONQ ETF	$22M	N/A	Jun 23, 2025	-0.48
DOG	PROSHARES SHORT DOW30	$111M	0.95%	Jun 19, 2006	-0.48
FXP	ProShares UltraShort FTSE China 50 -2x Shares	$7.60M	N/A	Nov 6, 2007	-0.48
DXD	PROSHARES ULTRASHORT DOW30	$46M	N/A	Jul 11, 2006	-0.48
QID	PROSHARES ULTRASHORT QQQ	$233M	N/A	Jul 11, 2006	-0.48
DWSH	ADVISORSHARES DORSEY WRIGHT SHORT ETF	$11M	6.22%	Jul 10, 2018	-0.47
SMDD	ProShares UltraPro Short MidCap400 -3x Shares	$1.90M	N/A	Feb 9, 2010	-0.47
SJB	PROSHARES SHORT HIGH YIELD	$56M	0.95%	Mar 21, 2011	-0.47
SPXU	ProShares UltraPro Short S&P 500	$427M	N/A	Jun 23, 2009	-0.45
EMTY	ProShares Decline of the Retail Store ETF -1x Shares	$3M	0.65%	Nov 14, 2017	-0.45
METD	DIREXION DAILY META BEAR 1X SHARES	$7.90M	1.02%	Jun 5, 2024	-0.45
SZK	ProShares UltraShort Consumer Staples	$4.70M	N/A	Jan 30, 2007	-0.45
SETH	ProShares Short Ether ETF	$23M	0.95%	Nov 1, 2023	-0.44
SHRT	GOTHAM SHORT STRATEGIES ETF	$14M	1.35%	Jul 31, 2017	-0.43
LDRT	ISHARES IBONDS 1-5 YEAR TREASURY LADDER ETF	$132M	0.07%	Nov 7, 2024	-0.43
YANG	DIREXION DAILY FTSE CHINA BEAR 3X SHARES	$104M	N/A	Dec 3, 2009	-0.43
SMN	ProShares UltraShort Materials	$4.10M	N/A	Jan 30, 2007	-0.43
BTAL	AGF U.S. MARKET NEUTRAL ANTI-BETA FUND	$283M	1.40%	Sep 13, 2011	-0.43
CRSH	YIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF	$16M	1.05%	May 1, 2024	-0.42
SEF	ProShares Short Financials -1x Shares	$14M	0.95%	Jun 10, 2008	-0.42
MSFD	DIREXION DAILY MSFT BEAR 1X SHARES	$11M	1.02%	Sep 6, 2022	-0.41
SKF	ProShares UltraShort Financials -2x Shares	$11M	N/A	May 23, 2007	-0.41
TAIL	CAMBRIA TAIL RISK ETF	$147M	0.59%	Apr 5, 2017	-0.40
LABD	DIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&AMP;P BIOTECH BEAR 3X SHARES	$69M	N/A	May 28, 2015	-0.40
PANG	LEVERAGE SHARES 2X LONG PANW DAILY ETF	$8.90M	N/A	Mar 20, 2025	-0.39
FIAT	YIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF	$35M	1.05%	Jul 9, 2024	-0.39
AAPD	DIREXION DAILY AAPL BEAR 1X SHARES	$14M	0.96%	Aug 8, 2022	-0.39
FPAS	FPA SHORT DURATION GOVERNMENT ETF	$9.90M	0.10%	Oct 31, 2024	-0.37
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	$35M	0.89%	Jan 17, 2018	-0.37