61 Stocks and 39 ETFs for diversifying HFEQ (UNLIMITED HFEQ EQUITY LONG/SHORT ETF)
The least correlated asset to HFEQ (UNLIMITED HFEQ EQUITY LONG/SHORT ETF) is ETF NTRL (First Trust Equity Market Neutral ETF). The correlation is -1.
Stocks that lowly correlated with HFEQ
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| BLDE | Blade Air Mobility Inc - Class A | $385M | N/A | N/A | -1.00 |
| HMST | HomeStreet Inc | $262M | N/A | N/A | -1.00 |
| AACIW | Armada Acquisition Corp I - Warrants (13/08/2026) | $20M | N/A | N/A | -0.98 |
| VRNA | Verona Pharma Plc | $78B | Healthcare | Biotechnology | -0.95 |
| SRDX | Surmodics Inc | $614M | Healthcare | Medical Devices | -0.95 |
| AVDX | AvidXchange Holdings Inc | $2.07B | Technology | Software - Infrastructure | -0.95 |
| EVOK | Evoke Pharma Inc | $19M | Healthcare | Drug Manufacturers - Specialty & Generic | -0.93 |
| DALN | DallasNews Corporation - Class A | $88M | N/A | N/A | -0.90 |
| MGRM | Monogram Technologies Inc | $213M | Healthcare | Medical Devices | -0.89 |
| THTX | Theratechnologies Inc | $167M | Healthcare | Biotechnology | -0.88 |
| OLO | Olo Inc - Class A | $1.87B | Technology | Software - Application | -0.88 |
| SWIN | Solowin Holdings | $54M | N/A | N/A | -0.86 |
| NETD | Nabors Energy Transition Corp II - Class A | $73M | Financial Services | Shell Companies | -0.85 |
| LVTX | LAVA Therapeutics NV | $46M | Healthcare | Biotechnology | -0.84 |
| IOVA | Iovance Biotherapeutics Inc | $2.08B | Healthcare | Biotechnology | -0.82 |
| SPTN | SpartanNash Company | $922M | Consumer Defensive | Food Distribution | -0.82 |
| DEC | N/A | $961M | Energy | Oil & Gas Integrated | -0.82 |
| BASE | Couchbase Inc | $1.34B | Technology | Software - Infrastructure | -0.81 |
| ERJ | Embraer S.A. | $12B | Industrials | Aerospace & Defense | -0.81 |
| MOBX | Mobix Labs Inc - Class A | $20M | Technology | Semiconductors | -0.80 |
| YOU | Clear Secure Inc Class A | $5.61B | Technology | Software - Application | -0.79 |
| SHIP | Seanergy Maritime Holdings Corp | $322M | Industrials | Marine Shipping | -0.78 |
| PRAA | PRA Group Inc | $688M | Financial Services | Credit Services | -0.78 |
| TPET | Trio Petroleum Corp | $13M | Energy | Oil & Gas E&p | -0.77 |
| DAWN | Day One Biopharmaceuticals Inc | $2.22B | Healthcare | Biotechnology | -0.76 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.74 |
| TECX | AvroBio Inc | $612M | Healthcare | Biotechnology | -0.74 |
| EQV | EQV Ventures Acquisition Corp. | $466M | Financial Services | Shell Companies | -0.73 |
| ATHA | Athira Pharma Inc | $77M | Healthcare | Biotechnology | -0.73 |
| ALTO | Alto Ingredients Inc | $405M | Basic Materials | Specialty Chemicals | -0.73 |
| XWEL | XWELL Inc | $8.56M | Healthcare | Diagnostics & Research | -0.73 |
| ANTX | AN2 Therapeutics Inc | $168M | Healthcare | Biotechnology | -0.73 |
| WHF | WhiteHorse Finance Inc | $141M | Financial Services | Asset Management | -0.73 |
| EDSA | Edesa Biotech Inc | $61M | Healthcare | Biotechnology | -0.73 |
| LOCO | El Pollo Loco Holdings Inc | $501M | Consumer Cyclical | Restaurants | -0.73 |
| BIAF | BioAffinity Technologies Inc | $3.25M | Healthcare | Diagnostics & Research | -0.72 |
| WDS | Woodside Energy Group Ltd | $40B | Energy | Oil & Gas E&p | -0.72 |
| KUKE | Kuke Music Holding Limited American Depositary Shares (each representing ten (10) Class A Ordinary Shares) | $5.93M | Communication Services | Entertainment | -0.71 |
| PMVP | PMV Pharmaceuticals Inc | $75M | Healthcare | Biotechnology | -0.71 |
| KLTO | Klotho Neurosciences Inc Com | $64M | Healthcare | Biotechnology | -0.70 |
| RSVR | Reservoir Media Inc | $672M | Communication Services | Entertainment | -0.70 |
| AIFF | WaveDancer Inc | $17M | Technology | Software - Application | -0.70 |
| CDTX | Cidara Therapeutics Inc | $6.49B | Healthcare | Biotechnology | -0.70 |
| ROMA | Roma Green Finance Ltd | $438M | Industrials | Consulting Services | -0.70 |
| SCPH | scPharmaceuticals Inc | $305M | Healthcare | Biotechnology | -0.70 |
| BATL | Battalion Oil Corp (New) | $33M | Energy | Oil & Gas E&p | -0.69 |
| BANL | CBL International Ltd | $11M | Energy | Oil & Gas Midstream | -0.69 |
| AHG | Akso Health Group | $739M | Healthcare | Medical Distribution | -0.68 |
| FSLY | Fastly Inc - Class A | $3.13B | Technology | Software - Application | -0.67 |
| KORE | Kore Group Holdings Inc | $163M | Communication Services | Telecom Services | -0.67 |
| HLVX | HilleVax Inc | $105M | Healthcare | Biotechnology | -0.66 |
| FIGS | Figs Inc - Class A | $1.65B | Consumer Cyclical | Apparel Manufacturing | -0.66 |
| COKE | Coca-Cola Consolidated Inc | $13B | Consumer Defensive | Beverages - Non-alcoholic | -0.65 |
| BCRX | Biocryst Pharmaceuticals Inc | $2.39B | Healthcare | Drug Manufacturers - Specialty & Generic | -0.64 |
| RLYB | Rallybio Corp | $85M | Healthcare | Biotechnology | -0.63 |
| EOG | EOG Resources Inc | $73B | Energy | Oil & Gas E&p | -0.63 |
| ANNA | AleAnna Inc - Class A | $131M | Energy | Oil & Gas E&p | -0.63 |
| NFLX | Netflix Inc | $310B | Communication Services | Entertainment | -0.63 |
| LXU | LSB Industries Inc | $791M | Basic Materials | Chemicals | -0.63 |
| CLVT | Clarivate Plc | $1.49B | Technology | Information Technology Services | -0.63 |
| EONR | HNR Acquisition Corp | $21M | Energy | Oil & Gas E&p | -0.62 |