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50 Stocks and 50 ETFs for diversifying Watsco (WSO)

The least correlated asset to Watsco (WSO) is company Origin Investment Corp I - Units (1 Ord Cls & 1/2 War) (ORIQU). The correlation is -0.6589.

Stocks that lowly correlated with WSO

SymbolName
Market cap
SectorIndustry
Correlation
ORIQUOrigin Investment Corp I - Units (1 Ord Cls & 1/2 War)$22MFinancial ServicesShell Companies-0.66
GSRTUGSR III Acquisition Corp - Units (1 Ord Class A & 1/7 Rts)$467MN/AN/A-0.57
ELOGEastern International Ltd$9.59MIndustrialsIntegrated Freight & Logistics-0.55
BBNXBeta Bionics Inc$751MHealthcareMedical Devices-0.55
PLMKUPlum Acquisition Corp IV - Units (1 Ord cls A & 1/2 Warr)$213MFinancial ServicesShell Companies-0.55
EMPGEmpro Group Inc$139MHealthcareMedical Distribution-0.52
BGMQilian International Holding Group Ltd - Class A$7.45MHealthcareDrug Manufacturers - Specialty & Generic-0.52
NTWOUNewbury Street II Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$184MFinancial ServicesShell Companies-0.51
OSTXOS Therapies Inc$61MHealthcareBiotechnology-0.49
OYSEOyster Enterprises II Acquisition Corp$268MFinancial ServicesShell Companies-0.49
OFSSOOFS Capital Corp$341MN/AN/A-0.46
CHACUCrane Harbor Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$72MFinancial ServicesShell Companies-0.45
GTERUGloba Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts)$53MFinancial ServicesShell Companies-0.45
TWNPTwin Hospitality Group Inc. Class A Common Stock$4.08MConsumer CyclicalRestaurants-0.43
DAICCID HoldCo Inc$40MTechnologyInformation Technology Services-0.42
WFFWF Holding Ltd$12MIndustrialsSpecialty Industrial Machinery-0.42
FIGXUFIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$35MFinancial ServicesShell Companies-0.41
SAILSailpoint Inc$8.58BTechnologySoftware - Infrastructure-0.41
MENSJyong Biotech Ltd$174MHealthcareBiotechnology-0.41
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.41
BACQRMerlin Inc$52MN/AN/A-0.41
SVIIRSpring Valley Acquisition Corp II$1.69MN/AN/A-0.41
YHNAYHN Acquisition I Ltd$63MFinancial ServicesShell Companies-0.41
DXFN/A$1.40MFinancial ServicesCredit Services-0.40
RNERUMount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt)$125MN/AN/A-0.40
BACQUMerlin Inc - Units (1Ord Class A & 1 Rights)$781MFinancial ServicesShell Companies-0.39
AAMAA Mission Acquisition Corp.$368MFinancial ServicesShell Companies-0.39
VWAVVisionWave Holdings Inc$85MIndustrialsAerospace & Defense-0.38
THHTryHard Holdings Ltd$12MIndustrialsSpecialty Business Services-0.38
GRAFGraf Global Corp - Class A$311MFinancial ServicesShell Companies-0.38
EDHLEverbright Digital Holding Ltd$5.88MCommunication ServicesAdvertising Agencies-0.38
IPXXUUSA Rare Earth Inc - Units (1 Ord Class A & 1/2 Warr)$66MN/AN/A-0.37
LHAILinkhome Holdings Inc$19MReal EstateReal Estate Services-0.37
HBNBHotel101 Global Holdings Corp$1.31BReal EstateReal Estate Services-0.36
RHLDResolute Holdings Management Inc$1.12BIndustrialsSpecialty Business Services-0.36
LIONULionheart III Corp - Units (1 Ord Share Class A & 1/2 War)$113MN/AN/A-0.36
VZLAVizsla Silver Corp (New Shares)$1.03BBasic MaterialsOther Industrial Metals & Mining-0.36
DXSTDecent Holding Inc$1.65MIndustrialsWaste Management-0.36
HONDUHCM II Acquisition Corp Unit$483MFinancial ServicesShell Companies-0.35
AGHAureus Greenway Holdings Inc$87MConsumer CyclicalLeisure-0.35
GENVRGen Digital Inc$843MN/AN/A-0.34
ONCHU1RT Acquisition Corp - Units (1 Ord Cls A & 1 War)$39MFinancial ServicesShell Companies-0.34
GEGGreat Elm Group Inc$66MFinancial ServicesAsset Management-0.34
OMDAOmada Health Inc$1.41BHealthcareHealth Information Services-0.34
PLTN/A$508MN/AN/A-0.33
PCPremium Catering (Holdings) Ltd$30MIndustrialsSpecialty Business Services-0.33
ALFUUCenturion Acquisition Corp - Units (1 Ord & 1 War)$305MFinancial ServicesShell Companies-0.33
TTANServiceTitan Inc - Class A$7.44BTechnologySoftware - Application-0.33
TVAIRThayer Ventures Acquisition Corporation II Rights$166KN/AN/A-0.33
VCICUVine Hill Capital Investment Corp - Units (1 Ord Class A & 1/2 War)$75MFinancial ServicesShell Companies-0.33

ETFs that lowly correlated with WSO

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
NOWLGRANITESHARES 2X LONG NOW DAILY ETF $286MN/AJul 14, 2025-0.60
PLTGLEVERAGE SHARES 2X LONG PLTR DAILY ETF $23MN/AApr 24, 2025-0.59
APPXTRADR 2X LONG APP DAILY ETF$112MN/AApr 24, 2025-0.57
PLTWROUNDHILL PLTR WEEKLYPAY ETF $102MN/AFeb 18, 2025-0.53
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.50
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.49
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.47
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.47
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.47
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.46
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.45
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.45
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.45
TSLIGRANITESHARES 1X SHORT TSLA DAILY ETF $5.80MN/ASep 8, 2025-0.45
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.45
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.45
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.45
SNOUT-REX 2X LONG SNOW DAILY TARGET ETF $25MN/AApr 23, 2025-0.44
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.44
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.44
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.43
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.43
TSIIREX TSLA GROWTH & INCOME ETF $41MN/AJun 3, 2025-0.43
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.43
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $29MN/AJul 16, 2009-0.42
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.42
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.41
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.41
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.40
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.39
SHPUDIREXION DAILY SHOP BULL 2X ETF $15MN/AAug 5, 2025-0.39
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.39
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.38
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.38
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.38
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.38
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.38
TSLWROUNDHILL TSLA WEEKLYPAY ETF $101MN/AFeb 18, 2025-0.37
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.37
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.36
SHRTGOTHAM SHORT STRATEGIES ETF $14M1.35%Jul 31, 2017-0.36
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.36
CRMGLEVERAGE SHARES 2X LONG CRM DAILY ETF $49MN/AFeb 9, 2026-0.36
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.36
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.35
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.35
TSYYGRANITESHARES YIELDBOOST TSLA ETF $79M1.15%Dec 17, 2024-0.34
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.34
BFRZInnovator Equity Managed 100 Buffer ETF$137M0.89%May 12, 2025-0.33
TSLGLEVERAGE SHARES 2X LONG TSLA DAILY ETF $42MN/ADec 12, 2024-0.33