28 Stocks and 72 ETFs for diversifying EHLS (EVEN HERD LONG SHORT ETF)
The least correlated asset to EHLS (EVEN HERD LONG SHORT ETF) is ETF NTRL (First Trust Equity Market Neutral ETF). The correlation is -1.
Stocks that lowly correlated with EHLS
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| GSRM | Bitcoin Depot Inc - Class A | $54M | N/A | N/A | -0.88 |
| CPSR | Gelesis Holdings Inc - Class A | $1.87B | N/A | N/A | -0.73 |
| ASIC | Ategrity Specialty Holdings LLC | $1.08B | Financial Services | Insurance - Property & Casualty | -0.64 |
| SI | Shoulder Innovations Inc | $452M | N/A | N/A | -0.63 |
| CRVO | CervoMed Inc | $28M | Healthcare | Biotechnology | -0.63 |
| ORIQU | Origin Investment Corp I - Units (1 Ord Cls & 1/2 War) | $22M | Financial Services | Shell Companies | -0.62 |
| PLBL | Polibeli Group Ltd | $2.84B | Consumer Cyclical | Department Stores | -0.61 |
| PVLA | Palvella Therapeutics Inc | $2.18B | Healthcare | Biotechnology | -0.58 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.58 |
| SOCAU | Solarius Capital Acquisition Corp Units | $179M | Financial Services | Shell Companies | -0.56 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.56 |
| PBBK | PB Bankshares Inc | $51M | Financial Services | Banks - Regional | -0.54 |
| PTGX | Protagonist Therapeutics Inc | $8.70B | Healthcare | Biotechnology | -0.52 |
| MLGO | MicroAlgo Inc | $31M | Technology | Software - Infrastructure | -0.51 |
| BMRN | Biomarin Pharmaceutical Inc | $11B | Healthcare | Biotechnology | -0.50 |
| TRVI | Trevi Therapeutics Inc | $2.33B | Healthcare | Biotechnology | -0.48 |
| MH | McGraw Hill Inc | $1.95B | Consumer Defensive | Education & Training Services | -0.47 |
| LMNX | Luminex Corp | $620M | N/A | N/A | -0.47 |
| BRK-B | Berkshire Hathaway Inc - Class B | $1.05T | Financial Services | Insurance - Diversified | -0.47 |
| PACH | Pioneer Acquisition I Corp - Class A | $260M | Financial Services | Shell Companies | -0.47 |
| BRK-A | Berkshire Hathaway Inc - Class A | $1.20T | Financial Services | Insurance - Diversified | -0.47 |
| LHAI | Linkhome Holdings Inc | $19M | Real Estate | Real Estate Services | -0.46 |
| NETDU | Nabors Energy Transition Corp II - Units (1 Ord Class A & 1/2 War) | $73M | Financial Services | Shell Companies | -0.45 |
| UBXG | U-BX Technology Ltd | $6.42M | Communication Services | Advertising Agencies | -0.44 |
| GSHR | Gesher Acquisition Corp II - Class A | $157M | Financial Services | Shell Companies | -0.44 |
| ELOG | Eastern International Ltd | $9.59M | Industrials | Integrated Freight & Logistics | -0.43 |
| GECCO | Great Elm Capital Corp | $351M | N/A | N/A | -0.43 |
| AWK | American Water Works Co. Inc | $25B | Utilities | Utilities - Regulated Water | -0.43 |