74 Stocks and 26 ETFs for diversifying ASGM (Virtus ETF Trust II AlphaSimplex Global Macro)
The least correlated asset to ASGM (Virtus ETF Trust II AlphaSimplex Global Macro) is ETF NTRL (First Trust Equity Market Neutral ETF). The correlation is -1.
Stocks that lowly correlated with ASGM
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| TURN | 180 Degree Capital Corp | $50M | Financial Services | Asset Management | -1.00 |
| THTX | Theratechnologies Inc | $167M | Healthcare | Biotechnology | -1.00 |
| OLO | Olo Inc - Class A | $1.87B | Technology | Software - Application | -1.00 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -1.00 |
| DRRX | Durect Corp | $60M | Healthcare | Drug Manufacturers - Specialty & Generic | -1.00 |
| DALN | DallasNews Corporation - Class A | $88M | N/A | N/A | -1.00 |
| ANTE | AirNet Technology Inc | $89M | N/A | N/A | -1.00 |
| YMAB | Y-Mabs Therapeutics Inc | $390M | Healthcare | Biotechnology | -1.00 |
| VRNA | Verona Pharma Plc | $78B | Healthcare | Biotechnology | -1.00 |
| PHLT | Performant Healthcare Inc | $626M | Healthcare | Health Information Services | -0.98 |
| SRDX | Surmodics Inc | $614M | Healthcare | Medical Devices | -0.98 |
| MGRM | Monogram Technologies Inc | $213M | Healthcare | Medical Devices | -0.98 |
| ADN | Advent Technologies Holdings, Inc. Class A Common Stock | $2.71M | Industrials | Electrical Equipment & Parts | -0.98 |
| NETD | Nabors Energy Transition Corp II - Class A | $73M | Financial Services | Shell Companies | -0.98 |
| ERJ | Embraer S.A. | $12B | Industrials | Aerospace & Defense | -0.97 |
| LVTX | LAVA Therapeutics NV | $46M | Healthcare | Biotechnology | -0.95 |
| MLNK | MeridianLink, Inc. | $170M | Technology | Software - Application | -0.95 |
| AVDX | AvidXchange Holdings Inc | $2.07B | Technology | Software - Infrastructure | -0.92 |
| COOP | Mr. Cooper Group Inc | $14B | Financial Services | Mortgage Finance | -0.92 |
| IMAB | I-Mab | $340M | Healthcare | Biotechnology | -0.89 |
| LGCB | Linkage Global Inc | $24M | Consumer Cyclical | Internet Retail | -0.80 |
| EVOK | Evoke Pharma Inc | $19M | Healthcare | Drug Manufacturers - Specialty & Generic | -0.80 |
| GSRM | Bitcoin Depot Inc - Class A | $54M | N/A | N/A | -0.80 |
| PBBK | PB Bankshares Inc | $51M | Financial Services | Banks - Regional | -0.79 |
| AVDL | Avadel Pharmaceuticals plc | $2.10B | Healthcare | Drug Manufacturers - Specialty & Generic | -0.78 |
| SMTK | SmartKem, Inc. Common Stock | $4.23M | Technology | Semiconductor Equipment & Materials | -0.74 |
| RLI | RLI Corp | $5.34B | Financial Services | Insurance - Property & Casualty | -0.73 |
| SNV-P-D | Synovus Financial Corp | $3.51B | N/A | Other | -0.73 |
| ABT | Abbott Laboratories | $156B | Healthcare | Medical Devices | -0.73 |
| GALT | Galectin Therapeutics Inc | $313M | Healthcare | Biotechnology | -0.73 |
| WCN | Waste Connections Inc | $43B | Industrials | Waste Management | -0.72 |
| POWW | AMMO Inc | $277M | Industrials | Aerospace & Defense | -0.72 |
| GFL | GFL Environmental Inc (Sub Voting) | $14B | Industrials | Waste Management | -0.71 |
| FNWD | Finward Bancorp | $157M | Financial Services | Banks - Regional | -0.71 |
| ASIC | Ategrity Specialty Holdings LLC | $1.08B | Financial Services | Insurance - Property & Casualty | -0.70 |
| MAX | MediaAlpha Inc - Class A | $792M | Communication Services | Internet Content & Information | -0.69 |
| LILA | Liberty Latin America Ltd - Class A | $2.21B | Communication Services | Telecom Services | -0.68 |
| PLBL | Polibeli Group Ltd | $2.84B | Consumer Cyclical | Department Stores | -0.68 |
| AON | Aon plc. - Class A | $76B | Financial Services | Insurance Brokers | -0.67 |
| ATEC | Alphatec Holdings Inc | $1.39B | Healthcare | Medical Devices | -0.67 |
| LILAK | Liberty Latin America Ltd - Class C | $2.21B | Communication Services | Telecom Services | -0.67 |
| RELI | Reliance Global Group Inc | $8.82M | Financial Services | Insurance Brokers | -0.67 |
| WGS | GeneDx Holdings Corp - Class A | $1.96B | Healthcare | Diagnostics & Research | -0.67 |
| ALL | Allstate Corp (The) | $62B | Financial Services | Insurance - Property & Casualty | -0.67 |
| HRTG | Heritage Insurance Holdings Inc | $796M | Financial Services | Insurance - Property & Casualty | -0.67 |
| MTAL | MAC Copper Ltd | $314M | Financial Services | Shell Companies | -0.67 |
| EW | Edwards Lifesciences Corp | $50B | Healthcare | Medical Devices | -0.67 |
| SRAD | Sportradar Group AG - Class A | $4.49B | Technology | Software - Application | -0.66 |
| AXS | Axis Capital Holdings Ltd | $8.19B | Financial Services | Insurance - Specialty | -0.66 |
| KVYO | Klaviyo Inc - Series A | $5.37B | Technology | Software - Application | -0.65 |
| CNA | CNA Financial Corp | $14B | Financial Services | Insurance - Property & Casualty | -0.65 |
| TRV | Travelers Companies Inc | $70B | Financial Services | Insurance - Property & Casualty | -0.65 |
| TERN | Terns Pharmaceuticals Inc | $5.95B | Healthcare | Biotechnology | -0.65 |
| AGO | Assured Guaranty Ltd | $3.68B | Financial Services | Insurance - Specialty | -0.64 |
| CTRN | Citi Trends Inc | $532M | Consumer Cyclical | Apparel Retail | -0.64 |
| IDYA | Ideaya Biosciences Inc | $3.23B | Healthcare | Biotechnology | -0.64 |
| PODD | Insulet Corporation | $11B | Healthcare | Medical Devices | -0.64 |
| GSRTU | GSR III Acquisition Corp - Units (1 Ord Class A & 1/7 Rts) | $467M | N/A | N/A | -0.63 |
| SNDX | Syndax Pharmaceuticals Inc | $2.08B | Healthcare | Biotechnology | -0.63 |
| APPN | Appian Corp - Class A | $1.86B | Technology | Software - Infrastructure | -0.63 |
| PTGX | Protagonist Therapeutics Inc | $8.70B | Healthcare | Biotechnology | -0.62 |
| DPZ | Dominos Pizza Inc | $10B | Consumer Cyclical | Restaurants | -0.62 |
| MTG | MGIC Investment Corp | $5.99B | Financial Services | Insurance - Specialty | -0.61 |
| ZBIO | Zenas Biopharma Inc | $1.83B | Healthcare | Biotechnology | -0.61 |
| GANX | Gain Therapeutics Inc | $71M | Healthcare | Biotechnology | -0.61 |
| PVLA | Palvella Therapeutics Inc | $2.18B | Healthcare | Biotechnology | -0.61 |
| BR | Broadridge Financial Solutions Inc | $17B | Technology | Information Technology Services | -0.61 |
| ADMA | Adma Biologics Inc | $2.02B | Healthcare | Biotechnology | -0.61 |
| SENEB | Seneca Foods Corp - Class B | $1.20B | Consumer Defensive | Packaged Foods | -0.60 |
| IMPPP | Imperial Petroleum Inc | $1.15B | Energy | Oil & Gas Midstream | -0.60 |
| PLNT | Planet Fitness Inc - Class A | $4.17B | Consumer Cyclical | Leisure | -0.60 |
| SANG | SANGSTAT MEDICAL CORP | $136M | Technology | Software - Infrastructure | -0.60 |
| PAY | Paymentus Holdings Inc - Class A | $3.64B | Technology | Software - Infrastructure | -0.60 |
| IOBT | IO Biotech Inc | $14M | Healthcare | Biotechnology | -0.60 |