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45 Stocks and 55 ETFs for diversifying United Micro Electronics (UMC)

The least correlated asset to United Micro Electronics (UMC) is company Enhanced Group (APAD). The correlation is -0.8923.

Stocks that lowly correlated with UMC

SymbolName
Market cap
SectorIndustry
Correlation
APADEnhanced Group Inc - Class A$161MFinancial ServicesShell Companies-0.89
GIGGigCapital7 Corp - Class A$353MFinancial ServicesShell Companies-0.80
GSRMBitcoin Depot Inc - Class A$54MN/AN/A-0.78
APADUA Paradise Acquisition Corp Unit$67MFinancial ServicesShell Companies-0.77
GLIBKGCI Liberty Inc$877MCommunication ServicesTelecom Services-0.70
QETARQuetta Acquisition Corp$1.43MN/AN/A-0.55
JBSJBS N.V. - Class A$13BConsumer DefensivePackaged Foods-0.54
AIIAmerican Integrity Insurance Group Inc$358MFinancial ServicesInsurance - Property & Casualty-0.50
HPAIHelport AI Ltd$21MTechnologySoftware - Infrastructure-0.49
PVLAPalvella Therapeutics Inc$2.18BHealthcareBiotechnology-0.49
WAYWaystar Holding Corp$4.35BHealthcareHealth Information Services-0.46
ASBPAspire Biopharma Holdings Inc$9.03MHealthcareBiotechnology-0.45
ENGNenGene Holdings Inc$127MHealthcareBiotechnology-0.45
HTCOCaravelle International Group$20MIndustrialsMarine Shipping-0.45
SUGPSU Group Holdings Ltd - Class A$5.51MIndustrialsSecurity & Protection Services-0.44
EMBCEmbecta Corp$191MHealthcareMedical Instruments & Supplies-0.44
JCAPJefferson Capital Inc$1.06BFinancial ServicesCredit Services-0.43
AAPGAscentage Pharma Group International$1.87BHealthcareBiotechnology-0.43
AUGOAura Minerals Inc$4.54BBasic MaterialsGold-0.40
GRCEAcasti Pharma Inc$39MHealthcareBiotechnology-0.40
MLACMountain Lake Acquisition Corp - Class A$43MN/AN/A-0.39
RNERUMount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt)$125MN/AN/A-0.39
CTNTCheetah Net Supply Chain Service Inc - Class A$7.76MIndustrialsIntegrated Freight & Logistics-0.38
YYGHYY Group Holding Ltd - Class A$12MIndustrialsSpecialty Business Services-0.38
AMCIAMC Robotics Corp$125MTechnologyComputer Hardware-0.38
LGCYLegacy Education Inc$149MConsumer DefensiveEducation & Training Services-0.38
APUSApimeds Pharmaceuticals US Inc$8.51MHealthcareDrug Manufacturers - Specialty & Generic-0.38
DGNXDiginex Ltd$28MIndustrialsConsulting Services-0.37
NAMIJinxin Technology Holding Company$7.41MCommunication ServicesInternet Content & Information-0.37
MENSJyong Biotech Ltd$174MHealthcareBiotechnology-0.36
HKITHitek Global Inc - Class A$4.63MTechnologyInformation Technology Services-0.36
STRCMicrostrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock$29BTechnologySoftware - Application-0.36
EMPGEmpro Group Inc$139MHealthcareMedical Distribution-0.36
FORLFour Leaf Acquisition Corporation Class A Common Stock$47MN/AN/A-0.36
LEGTLegato Merger Corp. III$197MFinancial ServicesShell Companies-0.36
SAGTSagtec Global Ltd$18MTechnologySoftware - Application-0.36
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.36
PMIPicard Medical Inc$11MHealthcareMedical Devices-0.35
LZMHLZ Technology Holdings Ltd - Class B$9.02MTechnologyInformation Technology Services-0.34
DECN/A$961MEnergyOil & Gas Integrated-0.34
MHMcGraw Hill Inc$1.95BConsumer DefensiveEducation & Training Services-0.33
YBYuanbao Inc$656MTechnologySoftware - Application-0.33
IPXXUUSA Rare Earth Inc - Units (1 Ord Class A & 1/2 Warr)$66MN/AN/A-0.33
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.33
RDACRRising Dragon Acquisition Corp$140KN/AN/A-0.33

ETFs that lowly correlated with UMC

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
NTRLFirst Trust Equity Market Neutral ETF$19M0.95%Feb 4, 2020-0.78
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.78
CSCSDirexion Daily CSCO Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.78
QCMDDirexion Daily QCOM Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.75
PALDDirexion Daily PANW Bear 1X Shares$1.80M1.02%Feb 10, 2025-0.66
WZRDOpportunistic Trader ETF$976K1.00%Jun 24, 2025-0.62
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $16M1.03%Feb 11, 2025-0.60
NFLPKurv Yield Premium Strategy Netflix (NFLX) ETF$4.70M0.99%Oct 26, 2023-0.53
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $13MN/AMar 31, 2025-0.51
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.51
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.49
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.49
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.48
PDDLGRANITESHARES 2X LONG PDD DAILY ETF $7.60MN/AJul 14, 2025-0.46
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.46
NFLUT-REX 2X LONG NFLX DAILY TARGET ETF $46MN/ASep 26, 2024-0.46
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.45
IBTQISHARES IBONDS DEC 2035 TERM TREASURY ETF $236M0.07%Mar 25, 2025-0.45
NFXLDIREXION DAILY NFLX BULL 2X SHARES $141MN/AOct 2, 2024-0.45
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.44
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.44
PLTGLEVERAGE SHARES 2X LONG PLTR DAILY ETF $23MN/AApr 24, 2025-0.44
DEFRAPTUS DEFERRED INCOME ETF$139M0.79%May 13, 2025-0.44
RTXGLeverage Shares 2X Long RTX Daily ETF$4.50MN/AJun 5, 2025-0.43
SHRTGOTHAM SHORT STRATEGIES ETF $14M1.35%Jul 31, 2017-0.43
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.42
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.42
LDDRStone Ridge 2035 Term Income ETF$42M0.25%Jan 3, 2025-0.42
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.42
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.41
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.41
NFLYYIELDMAX(R) NFLX OPTION INCOME STRATEGY ETF $43M1.01%Aug 7, 2023-0.41
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.40
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.39
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.39
PTIRGRANITESHARES 2X LONG PLTR DAILY ETF $297MN/ASep 4, 2024-0.39
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.39
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.38
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.38
GLDYDEFIANCE GOLD ENHANCED OPTIONS INCOME ETF $32M1.04%Apr 1, 2025-0.38
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.38
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.38
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.37
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.37
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.37
LDRTISHARES IBONDS 1-5 YEAR TREASURY LADDER ETF $132M0.07%Nov 7, 2024-0.36
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.36
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.35
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.35
UUPInvesco DB US Dollar Index Bullish Fund$436M0.75%Feb 20, 2007-0.34
FPASFPA SHORT DURATION GOVERNMENT ETF $9.90M0.10%Oct 31, 2024-0.34
FIYYGRANITESHARES YIELDBOOST 20Y+ TREASURIES ETF $732K1.07%May 4, 2026-0.33
RBLYYIELDMAX(R) RBLX OPTION INCOME STRATEGY ETF $2.40M0.99%Jul 28, 2025-0.33
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.33
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.33