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62 Stocks and 38 ETFs for diversifying HGRO (HEDGEYE QUALITY GROWTH ETF)

The least correlated asset to HGRO (HEDGEYE QUALITY GROWTH ETF) is ETF NTRL (First Trust Equity Market Neutral ETF). The correlation is -1.

Stocks that lowly correlated with HGRO

SymbolName
Market cap
SectorIndustry
Correlation
TGITriumph Group Inc$2.03BN/AN/A-1.00
SRMSRM Entertainment Inc$2.31BN/AN/A-1.00
SHYFShyft Group Inc (The)$438MN/AN/A-1.00
MINMFiEE Inc$18MN/AN/A-1.00
LTRYLottery.com Inc$3.98MN/AN/A-1.00
IMABI-Mab$340MHealthcareBiotechnology-0.93
GSRMBitcoin Depot Inc - Class A$54MN/AN/A-0.92
EQVEQV Ventures Acquisition Corp.$466MFinancial ServicesShell Companies-0.90
SMTKSmartKem, Inc. Common Stock$4.23MTechnologySemiconductor Equipment & Materials-0.88
GSRTUGSR III Acquisition Corp - Units (1 Ord Class A & 1/7 Rts)$467MN/AN/A-0.86
AACIWArmada Acquisition Corp I - Warrants (13/08/2026)$20MN/AN/A-0.79
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.79
ANNAAleAnna Inc - Class A$131MEnergyOil & Gas E&p-0.78
DAWNDay One Biopharmaceuticals Inc$2.22BHealthcareBiotechnology-0.77
CHSNChanson International Holding - Class A$77MConsumer CyclicalRestaurants-0.77
RCKYRocky Brands Inc$310MConsumer CyclicalFootwear & Accessories-0.76
BCRXBiocryst Pharmaceuticals Inc$2.39BHealthcareDrug Manufacturers - Specialty & Generic-0.73
LNGCheniere Energy Inc$54BEnergyOil & Gas Midstream-0.73
LZMHLZ Technology Holdings Ltd - Class B$9.02MTechnologyInformation Technology Services-0.72
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.72
CAPSCapstone Holding Corp$2.58MBasic MaterialsBuilding Materials-0.72
OKURReneo Pharmaceuticals Inc - Class A$59MHealthcareBiotechnology-0.70
BATLBattalion Oil Corp (New)$33MEnergyOil & Gas E&p-0.70
GRCEAcasti Pharma Inc$39MHealthcareBiotechnology-0.70
FSLYFastly Inc - Class A$3.13BTechnologySoftware - Application-0.69
AWKAmerican Water Works Co. Inc$25BUtilitiesUtilities - Regulated Water-0.69
LMATLemaitre Vascular Inc$2.28BHealthcareMedical Instruments & Supplies-0.68
ACLXArcellx Inc$6.67BHealthcareBiotechnology-0.67
SHELShell Plc ADR (Representing - )$241BEnergyOil & Gas Integrated-0.67
CTNTCheetah Net Supply Chain Service Inc - Class A$7.76MIndustrialsIntegrated Freight & Logistics-0.66
NATNordic American Tankers Ltd$1.30BEnergyOil & Gas Midstream-0.65
TPETTrio Petroleum Corp$13MEnergyOil & Gas E&p-0.65
NFGNational Fuel Gas Company$7.60BEnergyOil & Gas Integrated-0.65
NCSMNCS Multistage Holdings Inc$116MEnergyOil & Gas Equipment & Services-0.65
EVTCEvertec Inc$1.86BTechnologySoftware - Infrastructure-0.65
AUUDAuddia Inc$4.16MTechnologySoftware - Application-0.64
SHIPSeanergy Maritime Holdings Corp$322MIndustrialsMarine Shipping-0.64
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.64
GFLGFL Environmental Inc (Sub Voting)$14BIndustrialsWaste Management-0.64
GIGGigCapital7 Corp - Class A$353MFinancial ServicesShell Companies-0.63
EONRHNR Acquisition Corp$21MEnergyOil & Gas E&p-0.63
YMABY-Mabs Therapeutics Inc$390MHealthcareBiotechnology-0.63
TECXAvroBio Inc$612MHealthcareBiotechnology-0.62
SENEASeneca Foods Corp - Class A$1.14BConsumer DefensivePackaged Foods-0.62
UBXGU-BX Technology Ltd$6.42MCommunication ServicesAdvertising Agencies-0.62
MOBXMobix Labs Inc - Class A$20MTechnologySemiconductors-0.62
AVIRAtea Pharmaceuticals Inc$389MHealthcareBiotechnology-0.61
ARAntero Resources Corp$10BEnergyOil & Gas E&p-0.61
APADEnhanced Group Inc - Class A$161MFinancial ServicesShell Companies-0.61
XENEXenon Pharmaceuticals Inc$6.54BHealthcareBiotechnology-0.61
BANLCBL International Ltd$11MEnergyOil & Gas Midstream-0.61
LOCOEl Pollo Loco Holdings Inc$501MConsumer CyclicalRestaurants-0.61
BCLIBrainstorm Cell Therapeutics Inc$11MHealthcareBiotechnology-0.61
XCHXCHG Ltd$1.46BIndustrialsSpecialty Industrial Machinery-0.60
AVDXAvidXchange Holdings Inc$2.07BTechnologySoftware - Infrastructure-0.60
AKROAkero Therapeutics Inc$4.38BHealthcareBiotechnology-0.60
CCLDCareCloud Inc$100MHealthcareHealth Information Services-0.59
GORVLazydays Holdings Inc$1.58MConsumer CyclicalAuto & Truck Dealerships-0.59
HYAC-UHaymaker Acquisition Corp 4 - Units (1 Ord Class A & 1/2 War)$65MN/AN/A-0.59
WMWaste Management Inc$94BIndustrialsWaste Management-0.58
TURBTurbo Energy S.A.$7.58MTechnologySolar-0.58
PRAAPRA Group Inc$688MFinancial ServicesCredit Services-0.58

ETFs that lowly correlated with HGRO

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
NTRLFirst Trust Equity Market Neutral ETF$19M0.95%Feb 4, 2020-1.00
XCOMUltra Communication Services Select Sector ETF$384KN/AJun 2, 2026-1.00
ONGLeverage Shares 2X Long ON Daily ETF$1.90MN/AJun 1, 2026-1.00
FIYYGRANITESHARES YIELDBOOST 20Y+ TREASURIES ETF $732K1.07%May 4, 2026-1.00
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.87
SHRTGOTHAM SHORT STRATEGIES ETF $14M1.35%Jul 31, 2017-0.85
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.85
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.84
RCGRENN Fund Inc$22MN/AN/A-0.81
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.79
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.78
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.78
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.77
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.77
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.76
LIVRIntelligent Livermore ETF$18M0.69%Sep 17, 2024-0.74
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.74
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.74
SMCPAlphaMark Actively Managed Small Cap ETF$3.50M0.79%May 11, 2026-0.71
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.71
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.70
CLIMCLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF $1.30M0.90%Mar 11, 2026-0.70
QCMDDirexion Daily QCOM Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.70
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.69
GGLSDirexion Daily GOOGL Bear 1X ETF$13M1.02%Sep 6, 2022-0.69
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.68
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.67
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.67
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.67
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.65
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.65
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.64
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.63
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.63
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.61
RSBYRETURN STACKED(R) BONDS & FUTURES YIELD ETF $64M1.01%Aug 20, 2024-0.60
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $14M0.96%Aug 8, 2022-0.59
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.58