31 Stocks and 69 ETFs for diversifying ELM (ELM MARKET NAVIGATOR ETF)
The least correlated asset to ELM (ELM MARKET NAVIGATOR ETF) is ETF NTRL (First Trust Equity Market Neutral ETF). The correlation is -1.
Stocks that lowly correlated with ELM
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| IPXXU | USA Rare Earth Inc - Units (1 Ord Class A & 1/2 Warr) | $66M | N/A | N/A | -1.00 |
| DM | Desktop Metal Inc - Class A | $165M | N/A | N/A | -0.97 |
| AACIW | Armada Acquisition Corp I - Warrants (13/08/2026) | $20M | N/A | N/A | -0.96 |
| GSRM | Bitcoin Depot Inc - Class A | $54M | N/A | N/A | -0.88 |
| SMTK | SmartKem, Inc. Common Stock | $4.23M | Technology | Semiconductor Equipment & Materials | -0.83 |
| OPOF | Old Point Financial Corp | $215M | Financial Services | Banks - Regional | -0.80 |
| ANNA | AleAnna Inc - Class A | $131M | Energy | Oil & Gas E&p | -0.72 |
| OPTN | OptiNose Inc | $112M | N/A | N/A | -0.71 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.68 |
| SAND | Sandstorm Gold Ltd | $3.63B | Basic Materials | Gold | -0.64 |
| HFFG | HF Foods Group Inc | $90M | Consumer Defensive | Food Distribution | -0.61 |
| NAOV | NanoVibronix Inc | $15M | Healthcare | Medical Devices | -0.60 |
| BIAF | BioAffinity Technologies Inc | $3.25M | Healthcare | Diagnostics & Research | -0.60 |
| AWK | American Water Works Co. Inc | $25B | Utilities | Utilities - Regulated Water | -0.59 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.59 |
| VSTA | Vasta Platform Ltd Class A | $394M | Consumer Defensive | Education & Training Services | -0.59 |
| PRA | ProAssurance Corporation | $1.29B | Financial Services | Insurance - Property & Casualty | -0.57 |
| TPET | Trio Petroleum Corp | $13M | Energy | Oil & Gas E&p | -0.56 |
| GATE | VISTASHARES TARGET 15 GATE ENDOWMENT DISTRIBUTION ETF | $425M | Financial Services | Shell Companies | -0.56 |
| GATEU | Marblegate Acquisition Corp - Units (1 Ord Share Class A & 1/2 War) | $340M | Financial Services | Shell Companies | -0.56 |
| SHIP | Seanergy Maritime Holdings Corp | $322M | Industrials | Marine Shipping | -0.56 |
| BDMD | Baird Medical Investment Holdings Ltd . | $34M | Healthcare | Medical Devices | -0.53 |
| PDEX | Pro-Dex Inc (co) | $181M | Healthcare | Medical Instruments & Supplies | -0.53 |
| ANTX | AN2 Therapeutics Inc | $168M | Healthcare | Biotechnology | -0.53 |
| EXC | Exelon Corp | $47B | Utilities | Utilities - Regulated Electric | -0.53 |
| BANL | CBL International Ltd | $11M | Energy | Oil & Gas Midstream | -0.53 |
| COKE | Coca-Cola Consolidated Inc | $13B | Consumer Defensive | Beverages - Non-alcoholic | -0.52 |
| WTRG | Essential Utilities Inc | $11B | Utilities | Utilities - Regulated Water | -0.51 |
| MOBX | Mobix Labs Inc - Class A | $20M | Technology | Semiconductors | -0.51 |
| EQV | EQV Ventures Acquisition Corp. | $466M | Financial Services | Shell Companies | -0.50 |
| MLGO | MicroAlgo Inc | $31M | Technology | Software - Infrastructure | -0.50 |