31 Stocks and 69 ETFs for diversifying AIRL (Themes Airlines ETF)
The least correlated asset to AIRL (Themes Airlines ETF) is ETF HOLD (AdvisorShares North Square McKee Core Reserves ETF). The correlation is -1.
Stocks that lowly correlated with AIRL
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| VELO | Velocity Acquisition Corp - Class A | $676M | Technology | Computer Hardware | -1.00 |
| GLIBA | GCI Liberty Inc - Class A | $926M | Communication Services | Telecom Services | -0.80 |
| NCEW | New Century Logistics (BVI) Ltd | $58M | Industrials | Integrated Freight & Logistics | -0.72 |
| WNS | WNS Holdings Ltd | $3.31B | N/A | N/A | -0.68 |
| FACTU | FACT II Acquisition Corp - Units (1 Ord Class A & 1/2 War) | $56M | Financial Services | Shell Companies | -0.66 |
| LINE | Lineage Inc | $9.85B | Real Estate | Reit - Industrial | -0.65 |
| ELV | Elevance Health Inc | $85B | Healthcare | Healthcare Plans | -0.60 |
| UBXG | U-BX Technology Ltd | $37M | Technology | Software - Infrastructure | -0.59 |
| CDTG | CDT Environmental Technology Investment Holdings Ltd | $3.77M | Industrials | Waste Management | -0.57 |
| GIGGU | GigCapital7 Corp - Units (1 Ord Class A & 1/3Warr) | $2.83B | Financial Services | Shell Companies | -0.55 |
| NCNA | NuCana plc | $7.95M | Healthcare | Biotechnology | -0.54 |
| CL | Colgate-Palmolive Company | $73B | Consumer Defensive | Household & Personal Products | -0.52 |
| GATE | Marblegate Acquisition Corp - Class A | $425M | N/A | N/A | -0.52 |
| GATEU | Marblegate Acquisition Corp - Units (1 Ord Share Class A & 1/2 War) | $340M | Financial Services | Shell Companies | -0.52 |
| COKE | Coca-Cola Consolidated Inc | $13B | N/A | N/A | -0.50 |
| ED | Consolidated Edison Inc | $39B | Utilities | Utilities - Regulated Electric | -0.50 |
| HONDW | HCM II Acquisition Corp. Warrant | $202M | Financial Services | Shell Companies | -0.50 |
| UNH | Unitedhealth Group Inc | $349B | Healthcare | Healthcare Plans | -0.50 |
| HMY | Harmony Gold Mining Co Ltd | $11B | Basic Materials | Gold | -0.49 |
| MCTR | CTRL Group Ltd | $15M | Communication Services | Advertising Agencies | -0.48 |
| HRB | H&R Block Inc | $4.90B | Consumer Cyclical | Personal Services | -0.48 |
| VSTA | Vasta Platform Ltd Class A | $394M | Consumer Defensive | Education & Training Services | -0.48 |
| TRON | Corner Growth Acquisition Corp 2 - Class A | $996M | Consumer Cyclical | Leisure | -0.47 |
| AGL | Agilon Health Inc | $1.50B | Healthcare | Medical Care Facilities | -0.47 |
| KO | Coca-Cola Company | $351B | Consumer Defensive | Beverages - Non-alcoholic | -0.47 |
| GIFT | RDE Inc | $29M | Communication Services | Internet Content & Information | -0.45 |
| MLGO | MicroAlgo Inc | $43M | Technology | Software - Infrastructure | -0.44 |
| TAK | Takeda Pharmaceutical Company | $50B | Healthcare | Drug Manufacturers - Specialty & Generic | -0.44 |
| AVA | Avista Corp | $3.45B | Utilities | Utilities - Diversified | -0.43 |
| CPB | Campbell Soup Company | $6.11B | N/A | N/A | -0.43 |
| XHG | XChange TEC.Inc American Depositary Shares | $35B | Financial Services | Insurance Brokers | -0.43 |