93 Stocks and 7 ETFs for diversifying HECA (HEDGEYE CAPITAL ALLOCATION ETF)
The least correlated asset to HECA (HEDGEYE CAPITAL ALLOCATION ETF) is ETF FIYY (GRANITESHARES YIELDBOOST 20Y+ TREASURIES ETF). The correlation is -1.
Stocks that lowly correlated with HECA
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| SMTK | SmartKem, Inc. Common Stock | $8.67M | Technology | Semiconductor Equipment & Materials | -1.00 |
| HMST | HomeStreet Inc | $262M | N/A | N/A | -1.00 |
| GSRM | Bitcoin Depot Inc - Class A | $54M | N/A | N/A | -1.00 |
| BLDE | Blade Air Mobility Inc - Class A | $385M | N/A | N/A | -1.00 |
| AVDX | AvidXchange Holdings Inc | $2.07B | Technology | Software - Infrastructure | -0.98 |
| SRDX | Surmodics Inc | $614M | Healthcare | Medical Devices | -0.89 |
| NETD | Nabors Energy Transition Corp II - Class A | $73M | Financial Services | Shell Companies | -0.84 |
| LVTX | LAVA Therapeutics NV | $46M | Healthcare | Biotechnology | -0.84 |
| AMBI | Ambipar Emergency Response - Class A | $148M | Industrials | Waste Management | -0.84 |
| MKTW | Marketwise Inc - Class A | $43M | Financial Services | Financial Data & Stock Exchanges | -0.82 |
| ERJ | Embraer S.A. | $12B | Industrials | Aerospace & Defense | -0.81 |
| TH | Target Hospitality Corp - Class A | $1.71B | Industrials | Specialty Business Services | -0.81 |
| FAAS | DigiAsia Corp | $4.92M | Technology | Software - Infrastructure | -0.80 |
| AMBC | AMBAC Financial Group Inc | $438M | Financial Services | Insurance - Specialty | -0.79 |
| CART | Maplebear Inc | $9.75B | Consumer Cyclical | Internet Retail | -0.79 |
| TISI | Team Inc | $75M | Industrials | Specialty Business Services | -0.79 |
| MQ | Marqeta Inc - Class A | $1.64B | Technology | Software - Infrastructure | -0.79 |
| MCACU | ConnectM Technology Solutions Inc - Units (1 Ord Class A 1 War & 1 Right) | $70M | Financial Services | Shell Companies | -0.78 |
| AFMD | Affimed N.V. | $2.98M | Healthcare | Biotechnology | -0.78 |
| SLRN | Acelyrin Inc | $229M | Healthcare | Biotechnology | -0.78 |
| NTBL | Notable Labs Inc Ord | $2.39M | Healthcare | Biotechnology | -0.78 |
| MDRRP | Medalist Diversified REIT Inc | $28M | Real Estate | Reit - Diversified | -0.78 |
| FRES | Fresh2 Group Limited | $2.97M | Healthcare | Diagnostics & Research | -0.78 |
| CVII | Churchill Capital Corp VII - Class A | $570M | Financial Services | Shell Companies | -0.78 |
| AILE | iLearningEngines Holdings Inc - Class A | $59M | Technology | Software - Infrastructure | -0.78 |
| SHLT | SHL Telemedicine Ltd ADR | $39M | Healthcare | Health Information Services | -0.78 |
| PXDT | Pixie Dust Technologies Inc | $8.62M | Technology | Consumer Electronics | -0.78 |
| LCUT | Lifetime Brands Inc | $209M | Consumer Cyclical | Furnishings, Fixtures & Appliances | -0.78 |
| TPIC | TPI Composites Inc | $6.19M | Industrials | Specialty Industrial Machinery | -0.78 |
| SVRE | SaverOne 2014 Ltd | $84M | Technology | Scientific & Technical Instruments | -0.77 |
| CBL | CBL& Associates Properties Inc - New | $1.55B | Real Estate | Reit - Retail | -0.76 |
| MMI | Marcus & Millichap Inc | $1.15B | Real Estate | Real Estate Services | -0.76 |
| INV | Innventure Inc | $441M | Financial Services | Asset Management | -0.75 |
| VRNA | Verona Pharma Plc | $78B | Healthcare | Biotechnology | -0.75 |
| MODV | ModivCare Inc | $6.20M | Healthcare | Medical Care Facilities | -0.74 |
| ETOR | Etoro Group Ltd - Class A | $3.56B | Financial Services | Capital Markets | -0.74 |
| ARX | Accelerant Holdings - Class A | $3.13B | Financial Services | Insurance Brokers | -0.74 |
| HFFG | HF Foods Group Inc | $102M | Consumer Defensive | Food Distribution | -0.73 |
| DALN | DallasNews Corporation - Class A | $88M | N/A | N/A | -0.73 |
| WHF | WhiteHorse Finance Inc | $146M | Financial Services | Asset Management | -0.72 |
| KUKE | Kuke Music Holding Limited American Depositary Shares (each representing ten (10) Class A Ordinary Shares) | $5.93M | Communication Services | Entertainment | -0.72 |
| SCPH | scPharmaceuticals Inc | $305M | Healthcare | Biotechnology | -0.71 |
| THTX | Theratechnologies Inc | $167M | Healthcare | Biotechnology | -0.70 |
| OLO | Olo Inc - Class A | $1.87B | Technology | Software - Application | -0.70 |
| CBIO | N/A | $484M | Healthcare | Biotechnology | -0.70 |
| NMFC | New Mountain Finance Corp | $760M | Financial Services | Asset Management | -0.70 |
| LOCO | El Pollo Loco Holdings Inc | $459M | Consumer Cyclical | Restaurants | -0.70 |
| ATLC | Atlanticus Holdings Corp | $1.34B | Financial Services | Credit Services | -0.70 |
| NEXT | NextDecade Corporation | $2.23B | Energy | Oil & Gas Equipment & Services | -0.70 |
| MKDW | MKDWELL Tech Inc | $41M | Consumer Cyclical | Auto Parts | -0.70 |
| LPA | Logistic Properties of the Americas | $90M | Real Estate | Real Estate - Development | -0.70 |
| AGM-A | Federal Agricultural Mortgage Corp - Class A | $1.47B | Financial Services | Credit Services | -0.69 |
| MTCH | Match Group Inc - New | $8.03B | Communication Services | Internet Content & Information | -0.69 |
| XAGE | Longevity Health Holdings Inc | $644K | Consumer Defensive | Household & Personal Products | -0.69 |
| NWS | News Corp - Class B | $17B | Communication Services | Entertainment | -0.69 |
| DV | DoubleVerify Holdings Inc | $1.61B | Communication Services | Advertising Agencies | -0.68 |
| COOP | Mr. Cooper Group Inc | $14B | Financial Services | Mortgage Finance | -0.68 |
| SYRA | Syra Health Corp - Class A | $6.33M | Healthcare | Medical Care Facilities | -0.68 |
| EVOK | Evoke Pharma Inc | $19M | Healthcare | Drug Manufacturers - Specialty & Generic | -0.68 |
| MGRM | Monogram Technologies Inc | $213M | Healthcare | Medical Devices | -0.68 |
| ZYBT | Zhengye Biotechnology Holding Ltd | $43M | Healthcare | Drug Manufacturers - Specialty & Generic | -0.68 |
| WSR | Whitestone REIT | $979M | Real Estate | Reit - Retail | -0.68 |
| PBBK | PB Bankshares Inc | $51M | Financial Services | Banks - Regional | -0.68 |
| NLOP | Net Lease Office Properties | $175M | Real Estate | Reit - Office | -0.67 |
| BCBP | BCB Bancorp Inc (NJ) | $194M | Financial Services | Banks - Regional | -0.67 |
| ASST | Asset Entities Inc - Class B | $889M | Financial Services | Asset Management | -0.67 |
| GLAD | Gladstone Capital Corp | $440M | Financial Services | Asset Management | -0.67 |
| NWSA | News Corp - Class A | $15B | Communication Services | Entertainment | -0.67 |
| VACHU | Voyager Acquisition Corp - Units (1 Ord Class A & 1/2 War) | $80M | Financial Services | Shell Companies | -0.67 |
| NDLS | Noodles & Company - Class A | $80M | Consumer Cyclical | Restaurants | -0.67 |
| GSBD | Goldman Sachs BDC Inc | $1.02B | Financial Services | Asset Management | -0.67 |
| KSPI | Kaspi.kz JSC | $15B | Technology | Software - Infrastructure | -0.67 |
| AFCG | AFC Gamma Inc | $80M | Financial Services | Asset Management | -0.67 |
| VIRT | Virtu Financial Inc - Class A | $3.53B | Financial Services | Capital Markets | -0.67 |
| SSSS | SuRo Capital Corp | $359M | Financial Services | Asset Management | -0.67 |
| ADV | Advantage Solutions Inc - Class A | $504M | Communication Services | Advertising Agencies | -0.66 |
| GBDC | Golub Capital BDC Inc | $3.38B | Financial Services | Asset Management | -0.66 |
| FDS | Factset Research Systems Inc | $9.13B | Financial Services | Financial Data & Stock Exchanges | -0.66 |
| LPSN | Liveperson Inc | $25M | Technology | Software - Application | -0.66 |
| FG | F&G Annuities & Life Inc | $3.85B | Financial Services | Insurance - Life | -0.66 |
| VRSN | Verisign Inc | $26B | Technology | Software - Infrastructure | -0.66 |
| SIRI | Sirius XM Holdings Inc | $9.24B | Communication Services | Entertainment | -0.66 |
| BIOX | Bioceres Crop Solutions Corp | $27M | Basic Materials | Agricultural Inputs | -0.65 |
| AUDC | Audiocodes | $255M | Technology | Communication Equipment | -0.65 |
| BGC | BGC Group Inc - Class A | $5.26B | Financial Services | Capital Markets | -0.65 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.64 |
| COFS | Choiceone Financial Services Inc | $487M | Financial Services | Banks - Regional | -0.64 |
| PDEX | Pro-Dex Inc (co) | $198M | Healthcare | Medical Instruments & Supplies | -0.64 |
| MRX | Marex Group Plc | $4.45B | Financial Services | Capital Markets | -0.64 |
| KZIA | Kazia Therapeutics Ltd | $98M | Healthcare | Biotechnology | -0.64 |
| STRZ | Starz Entertainment Corp | $461M | Communication Services | Entertainment | -0.64 |
| IOBT | IO Biotech Inc | $14M | Healthcare | Biotechnology | -0.64 |
| CVGI | Commercial Vehicle Group Inc | $171M | Consumer Cyclical | Auto Parts | -0.64 |
ETFs that lowly correlated with HECA
| Symbol | Name | AUM | Expense Ratio | Inception Date | Correlation |
|---|---|---|---|---|---|
| FIYY | GRANITESHARES YIELDBOOST 20Y+ TREASURIES ETF | $735K | 1.07% | May 4, 2026 | -1.00 |
| GLL | ProShares UltraShort Gold -2x Shares | $103M | N/A | Dec 1, 2008 | -0.80 |
| DULL | Bank of Montreal | $15M | N/A | Feb 21, 2023 | -0.79 |
| SABA | Saba Capital Income & Opportunities Fund II | $270M | N/A | N/A | -0.77 |
| RISR | FOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF | $251M | 1.04% | Sep 30, 2021 | -0.71 |
| FLBL | FRANKLIN SENIOR LOAN ETF | $853M | 0.45% | May 30, 2018 | -0.69 |
| APRH | Innovator Premium Income 20 Barrier ETF - April | $25M | 0.79% | Mar 31, 2023 | -0.64 |