62 Stocks and 38 ETFs for diversifying IBAT (ISHARES ENERGY STORAGE & MATERIALS ETF)
The least correlated asset to IBAT (ISHARES ENERGY STORAGE & MATERIALS ETF) is ETF NTRL (First Trust Equity Market Neutral ETF). The correlation is -1.
Stocks that lowly correlated with IBAT
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| PLBL | Polibeli Group Ltd | $2.84B | Consumer Cyclical | Department Stores | -0.83 |
| GSRM | Bitcoin Depot Inc - Class A | $54M | N/A | N/A | -0.73 |
| SI | Shoulder Innovations Inc | $452M | N/A | N/A | -0.71 |
| PLMIU | Plum Acquisition Corp I - Units (1 Ord Share Class A & 1/5 War) | $232M | N/A | N/A | -0.71 |
| ASIC | Ategrity Specialty Holdings LLC | $1.08B | Financial Services | Insurance - Property & Casualty | -0.70 |
| NIQ | NIQ Global Intelligence plc | $3.24B | N/A | N/A | -0.68 |
| BRBR | Bellring Brands Inc | $1.42B | Consumer Defensive | Packaged Foods | -0.65 |
| CHYM | Chime Financial Inc - Class A | $8.43B | Technology | Software - Application | -0.62 |
| RSG | Republic Services Inc | $67B | Industrials | Waste Management | -0.62 |
| SMTK | SmartKem, Inc. Common Stock | $4.23M | Technology | Semiconductor Equipment & Materials | -0.60 |
| WCN | Waste Connections Inc | $43B | Industrials | Waste Management | -0.59 |
| BR | Broadridge Financial Solutions Inc | $17B | Technology | Information Technology Services | -0.58 |
| GIBO | GIBO Holdings Ltd | $106M | Communication Services | Internet Content & Information | -0.57 |
| PLMR | Palomar Holdings Inc | $3.49B | Financial Services | Insurance - Property & Casualty | -0.56 |
| PTWOU | SBC Medical Group Holdings Inc - Units (1 Ord Class A & 1 War) | $1.13B | N/A | N/A | -0.56 |
| BRO | Brown & Brown Inc | $22B | Financial Services | Insurance Brokers | -0.56 |
| LMNX | Luminex Corp | $620M | N/A | N/A | -0.55 |
| TTAN | ServiceTitan Inc - Class A | $7.44B | Technology | Software - Application | -0.55 |
| ANGX | Angel Studios Inc - Class A | $709M | Communication Services | Entertainment | -0.55 |
| SRAD | Sportradar Group AG - Class A | $4.49B | Technology | Software - Application | -0.55 |
| RAYA | Erayak Power Solution Group Inc - Class A | $3.34M | Industrials | Electrical Equipment & Parts | -0.55 |
| HPAI | Helport AI Ltd | $21M | Technology | Software - Infrastructure | -0.54 |
| ADMA | Adma Biologics Inc | $2.02B | Healthcare | Biotechnology | -0.54 |
| VRSK | Verisk Analytics Inc | $25B | Industrials | Consulting Services | -0.54 |
| RLI | RLI Corp | $5.34B | Financial Services | Insurance - Property & Casualty | -0.53 |
| PGAC | Pantages Capital Acquisition Corp Cl A Ord Shs | $118M | Financial Services | Shell Companies | -0.52 |
| PPC | Pilgrim`s Pride Corp | $6.76B | Consumer Defensive | Packaged Foods | -0.51 |
| MNDO | Mind C.T.I Ltd | $21M | Technology | Software - Application | -0.51 |
| WAY | Waystar Holding Corp | $4.35B | Healthcare | Health Information Services | -0.51 |
| GFL | GFL Environmental Inc (Sub Voting) | $14B | Industrials | Waste Management | -0.50 |
| GRND | Grindr Inc - Class A | $2.79B | Technology | Software - Application | -0.50 |
| PLNT | Planet Fitness Inc - Class A | $4.17B | Consumer Cyclical | Leisure | -0.50 |
| DPZ | Dominos Pizza Inc | $10B | Consumer Cyclical | Restaurants | -0.49 |
| TRUG | TruGolf Holdings Inc - Class A | $1.24M | Consumer Cyclical | Leisure | -0.49 |
| MCTR | CTRL Group Ltd | $15M | Communication Services | Advertising Agencies | -0.48 |
| JKHY | Jack Henry & Associates Inc | $11B | Technology | Information Technology Services | -0.48 |
| TWFG | TWFG Inc - Class A | $380M | Financial Services | Insurance Brokers | -0.47 |
| FORL | Four Leaf Acquisition Corporation Class A Common Stock | $47M | N/A | N/A | -0.47 |
| FVNNR | Future Vision II Acquisition Corporation Right | $341K | N/A | N/A | -0.47 |
| OYSE | Oyster Enterprises II Acquisition Corp | $268M | Financial Services | Shell Companies | -0.47 |
| SMPL | Simply Good Foods Company | $1.07B | Consumer Defensive | Packaged Foods | -0.47 |
| DM | Desktop Metal Inc - Class A | $165M | N/A | N/A | -0.46 |
| AXON | Axon Enterprise Inc | $44B | Industrials | Aerospace & Defense | -0.46 |
| ZSPC | Zspace Inc | $2.96M | Technology | Computer Hardware | -0.46 |
| BACC | Blue Acquisition Corp - Class A | $214M | Financial Services | Shell Companies | -0.46 |
| HYAC | Haymaker Acquisition Corp. 4 | $330M | Financial Services | Shell Companies | -0.46 |
| ETS | Elite Express Holding Inc - Class A | $13M | Industrials | Trucking | -0.45 |
| MH | McGraw Hill Inc | $1.95B | Consumer Defensive | Education & Training Services | -0.45 |
| ABT | Abbott Laboratories | $156B | Healthcare | Medical Devices | -0.45 |
| AXS | Axis Capital Holdings Ltd | $8.19B | Financial Services | Insurance - Specialty | -0.45 |
| LFT | Lument Finance Trust Inc | $49M | Real Estate | Reit - Mortgage | -0.45 |
| WTG | Wintergreen Acquisition Corp | $58M | Financial Services | Shell Companies | -0.44 |
| CTAS | Cintas Corporation | $77B | Industrials | Specialty Business Services | -0.44 |
| GDDY | Godaddy Inc - Class A | $12B | Technology | Software - Infrastructure | -0.44 |
| PGR | Progressive Corp | $120B | Financial Services | Insurance - Property & Casualty | -0.44 |
| LHAI | Linkhome Holdings Inc | $19M | Real Estate | Real Estate Services | -0.44 |
| AACIW | Armada Acquisition Corp I - Warrants (13/08/2026) | $20M | N/A | N/A | -0.44 |
| KUKE | Kuke Music Holding Limited American Depositary Shares (each representing ten (10) Class A Ordinary Shares) | $5.93M | Communication Services | Entertainment | -0.43 |
| FIS | Fidelity National Information Services Inc | $21B | Technology | Information Technology Services | -0.43 |
| AZI | Autozi Internet Technology (Global) Ltd - Class A | $9.05M | Consumer Cyclical | Auto & Truck Dealerships | -0.43 |
| OPFI-WS | OppFi Inc Wt Exp 08312027 | $1.34M | N/A | N/A | -0.43 |
| KINS | Kingstone Cos. Inc | $283M | Financial Services | Insurance - Property & Casualty | -0.43 |