43 Stocks and 57 ETFs for diversifying LBAY (LEATHERBACK LONG/SHORT ALTERNATIVE YIELD ETF)
The least correlated asset to LBAY (LEATHERBACK LONG/SHORT ALTERNATIVE YIELD ETF) is ETF EMEM (SOPHUS CAPITAL EMERGING MARKET ETF). The correlation is -0.8109.
Stocks that lowly correlated with LBAY
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| HCHL | Happy City Holdings Ltd - Class A | $59M | Consumer Cyclical | Restaurants | -0.79 |
| TWNP | Twin Hospitality Group Inc. Class A Common Stock | $4.08M | Consumer Cyclical | Restaurants | -0.72 |
| RAL | RALSTON PURINA CO | $7.56B | Technology | Electronic Components | -0.67 |
| MCACU | ConnectM Technology Solutions Inc - Units (1 Ord Class A 1 War & 1 Right) | $70M | Financial Services | Shell Companies | -0.62 |
| AACT | Ares Acquisition Corporation II - Class A | $588M | Financial Services | Shell Companies | -0.61 |
| DBTX | Decibel Therapeutics Inc | $123M | N/A | N/A | -0.61 |
| RBRK | Rubrik Inc - Class A | $16B | Technology | Software - Infrastructure | -0.59 |
| FIGXU | FIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War) | $35M | Financial Services | Shell Companies | -0.58 |
| TTAN | ServiceTitan Inc - Class A | $7.44B | Technology | Software - Application | -0.58 |
| THH | TryHard Holdings Ltd | $12M | Industrials | Specialty Business Services | -0.56 |
| OTF | Blue Owl Technology Finance Corp | $4.79B | Financial Services | Asset Management | -0.55 |
| PLMKU | Plum Acquisition Corp IV - Units (1 Ord cls A & 1/2 Warr) | $213M | Financial Services | Shell Companies | -0.55 |
| CHACU | Crane Harbor Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $72M | Financial Services | Shell Companies | -0.53 |
| STRZ | Starz Entertainment Corp | $468M | Communication Services | Entertainment | -0.53 |
| NMPAU | NMP Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $35M | Financial Services | Shell Companies | -0.52 |
| IPXXU | USA Rare Earth Inc - Units (1 Ord Class A & 1/2 Warr) | $66M | N/A | N/A | -0.49 |
| VCKAU | Scilex Holding Company - Units (1 Ord & 1/2 War) | $37M | N/A | N/A | -0.49 |
| NTWOU | Newbury Street II Acquisition Corp - Units (1 Ord Cls A & 1/2 War) | $184M | Financial Services | Shell Companies | -0.49 |
| OMDA | Omada Health Inc | $1.41B | Healthcare | Health Information Services | -0.48 |
| TRAK | DealerTrack Technologies Inc | $162M | Technology | Software - Application | -0.48 |
| AVACU | Avalon Acquisition Inc - Units (1 Ord Share Class A & 3/4 War) | $283M | N/A | N/A | -0.48 |
| DXF | N/A | $1.40M | Financial Services | Credit Services | -0.48 |
| LHAI | Linkhome Holdings Inc | $19M | Real Estate | Real Estate Services | -0.48 |
| ELOG | Eastern International Ltd | $9.59M | Industrials | Integrated Freight & Logistics | -0.48 |
| HTLM | HomesToLife Ltd | $168M | Consumer Cyclical | Specialty Retail | -0.48 |
| ZJK | ZJK Industrial Co Ltd | $126M | Industrials | Specialty Industrial Machinery | -0.47 |
| CVII | Churchill Capital Corp VII - Class A | $570M | Financial Services | Shell Companies | -0.47 |
| ETOR | Etoro Group Ltd - Class A | $3.63B | Financial Services | Capital Markets | -0.47 |
| CTW | CTW Cayman - Class A | $147M | Communication Services | Electronic Gaming & Multimedia | -0.46 |
| ASAN | Asana Inc - Class A | $1.79B | Technology | Software - Application | -0.46 |
| CHA | Chagee Holdings Ltd | $1.84B | Consumer Cyclical | Restaurants | -0.46 |
| EDHL | Everbright Digital Holding Ltd | $5.88M | Communication Services | Advertising Agencies | -0.46 |
| SNOW | Snowflake Inc - Class A | $94B | Technology | Software - Application | -0.46 |
| JMACU | Maxpro Capital Acquisition Corp - Units (1 Ord Share Class A & 1 War) | $150M | N/A | N/A | -0.46 |
| SRTA | Strata Critical Medical Inc Cl A Com | $462M | Healthcare | Medical Care Facilities | -0.46 |
| UMAC | Unusual Machines Inc | $885M | Technology | Computer Hardware | -0.45 |
| BGM | Qilian International Holding Group Ltd - Class A | $7.45M | Healthcare | Drug Manufacturers - Specialty & Generic | -0.45 |
| MAMO | Massimo Group | $41M | Consumer Cyclical | Recreational Vehicles | -0.44 |
| GUTS | Fractyl Health Inc | $144M | Healthcare | Biotechnology | -0.44 |
| RDDT | Reddit Inc - Class A | $38B | Communication Services | Internet Content & Information | -0.44 |
| AILE | iLearningEngines Holdings Inc - Class A | $59M | Technology | Software - Infrastructure | -0.44 |
| HPLTU | Home Plate Acquisition Corp - Units (1 Ord Class A & 1/2 War) | $79M | N/A | N/A | -0.44 |
| HNGE | Hinge Health Inc - Class A | $6.74B | Healthcare | Health Information Services | -0.43 |