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33 Stocks and 67 ETFs for diversifying Textron (TXT)

The least correlated asset to Textron (TXT) is ETF DWSH (ADVISORSHARES DORSEY WRIGHT SHORT ETF). The correlation is -0.74.

Stocks that lowly correlated with TXT

SymbolName
Market cap
SectorIndustry
Correlation
ELOGEastern International Ltd$9.59MIndustrialsIntegrated Freight & Logistics-0.73
CTWCTW Cayman - Class A$147MCommunication ServicesElectronic Gaming & Multimedia-0.70
BMGLBasel Medical Group Ltd$9.61MHealthcareMedical Care Facilities-0.60
IPCXInflection Point Acquisition Corp III - Class A$263MFinancial ServicesShell Companies-0.58
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.57
SDHISiddhi Acquisition Corp - Class A$288MFinancial ServicesShell Companies-0.53
LWACLightWave Acquisition Corp - Class A$221MFinancial ServicesShell Companies-0.50
WYHGWing Yip Food Holdings Group Ltd$59MConsumer DefensivePackaged Foods-0.49
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.49
DAICCID HoldCo Inc$40MTechnologyInformation Technology Services-0.49
SAFXXCF Global Inc$145MUtilitiesUtilities - Renewable-0.49
FLACFrazier Lifesciences Acquisition Corp - Class A$175MN/AN/A-0.48
MENSJyong Biotech Ltd$174MHealthcareBiotechnology-0.47
ONCHU1RT Acquisition Corp - Units (1 Ord Cls A & 1 War)$39MFinancial ServicesShell Companies-0.46
GENQUESGL Holdings Ltd - Units (1 Ord Share Class A & 1 War)$99MN/AN/A-0.44
CBION/A$432MHealthcareBiotechnology-0.44
CRAQCal Redwood Acquisition Corp$320MFinancial ServicesShell Companies-0.43
NMPAUNMP Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$35MFinancial ServicesShell Companies-0.42
TACHTitan Acquisition Corp - Class A$288MFinancial ServicesShell Companies-0.42
MTACMedTech Acquisition Corp - Class A$183MN/AN/A-0.41
QETARQuetta Acquisition Corp$1.43MN/AN/A-0.41
KCHVKochav Defense Acquisition Corp - Class A$263MFinancial ServicesShell Companies-0.40
OMDAOmada Health Inc$1.41BHealthcareHealth Information Services-0.40
EPWKEPWK Holdings Ltd - Class A$9.78KTechnologySoftware - Application-0.40
DGNXDiginex Ltd$28MIndustrialsConsulting Services-0.39
APADREnhanced Group Inc$6.67MN/AN/A-0.38
GAUZGauzy Ltd$7.44MTechnologyElectronic Components-0.37
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.37
LGPSLogProstyle Inc$26MIndustrialsConglomerates-0.37
FIGXFIGX Capital Acquisition Corp - Class A$159MFinancial ServicesShell Companies-0.36
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.36
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.35
SVFAUSVF Investment Corp - Units (1 Ord Share Class A & 1/5 War)$766MN/AN/A-0.35

ETFs that lowly correlated with TXT

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.74
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.74
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.72
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.72
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.72
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.71
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.70
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.70
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.69
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.69
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.68
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.68
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.68
GGOViShares Global Government Bond USD Hedged Active$2.90B0.39%Jun 25, 2025-0.68
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.67
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.67
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.66
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.65
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.65
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.65
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.64
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.64
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.64
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.63
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.63
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.62
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.62
OILDBank of Montreal$53MN/ANov 8, 2021-0.61
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.61
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.61
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.61
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.60
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.60
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.59
WTIDBank of Montreal$18MN/AFeb 16, 2023-0.58
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.56
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.55
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$895MN/ANov 24, 2008-0.54
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.54
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.54
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.54
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.54
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.51
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.50
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.49
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.49
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.49
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.48
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.47
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.46
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.44
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.44
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.41
CXRNTEUCRIUM 2X DAILY CORN ETF $4MN/ADec 12, 2024-0.40
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.40
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.40
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.39
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.39
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $19M1.01%Sep 12, 2023-0.39
RBILF/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF $139M0.17%Feb 24, 2025-0.37
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.37
NVDQT-REX 2X INVERSE NVIDIA DAILY TARGET ETF $22MN/AOct 18, 2023-0.36
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.36
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.36
IBICISHARES IBONDS OCT 2026 TERM TIPS ETF $86M0.10%Sep 13, 2023-0.36
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $29MN/AJul 16, 2009-0.36
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3.20MN/AJun 16, 2009-0.35