9 Stocks and 91 ETFs for diversifying GSLC (GOLDMAN SACHS ACTIVEBETA(R) U.S. LARGE CAP EQUITY ETF)
The least correlated asset to GSLC (GOLDMAN SACHS ACTIVEBETA(R) U.S. LARGE CAP EQUITY ETF) is ETF SPDN (DIREXION DAILY S&P 500 (R) BEAR 1X SHARES). The correlation is -0.9833.
Stocks that lowly correlated with GSLC
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| TMDE | TMD Energy Ltd | $18M | Energy | Oil & Gas Midstream | -0.58 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.56 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.52 |
| MCTR | CTRL Group Ltd | $15M | Communication Services | Advertising Agencies | -0.48 |
| RIBBU | Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $56M | Financial Services | Shell Companies | -0.47 |
| CDTG | CDT Environmental Technology Investment Holdings Ltd | $3.77M | Industrials | Waste Management | -0.46 |
| PROP | Prairie Operating Co. Common Stock | $81M | Energy | Oil & Gas E&p | -0.44 |
| EMA | Emera Incorporated | $16B | Utilities | Utilities - Regulated Electric | -0.43 |
| WSBK | Winchester Bancorp Inc | $119M | Financial Services | Banks - Regional | -0.43 |