20 Stocks and 80 ETFs for diversifying PSIL (ADVISORSHARES PSYCHEDELICS ETF)
The least correlated asset to PSIL (ADVISORSHARES PSYCHEDELICS ETF) is ETF BTAL (AGF U.S. MARKET NEUTRAL ANTI-BETA FUND). The correlation is -0.6522.
Stocks that lowly correlated with PSIL
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| SOL | Emeren Group Ltd American Depositary Shares, each representing 10 shares | $100M | Technology | Solar | -0.63 |
| MAMK | MaxsMaking Inc - Class A | $195M | Industrials | Conglomerates | -0.59 |
| FIGX | FIGX Capital Acquisition Corp - Class A | $159M | Financial Services | Shell Companies | -0.57 |
| OYSE | Oyster Enterprises II Acquisition Corp | $268M | Financial Services | Shell Companies | -0.57 |
| PACH | Pioneer Acquisition I Corp - Class A | $260M | Financial Services | Shell Companies | -0.51 |
| WSBK | Winchester Bancorp Inc | $121M | Financial Services | Banks - Regional | -0.48 |
| OMSE | OMS Energy Technologies Inc | $197M | Energy | Oil & Gas Equipment & Services | -0.48 |
| TRINI | Trinity Capital Inc | $2.23B | N/A | N/A | -0.46 |
| DLXY | Delixy Holdings Ltd | $7.64M | Energy | Oil & Gas Refining & Marketing | -0.45 |
| HBNB | Hotel101 Global Holdings Corp | $1.31B | Real Estate | Real Estate Services | -0.44 |
| LSBK | Lake Shore Bancorp Inc | $134M | Financial Services | Banks - Regional | -0.43 |
| KCHV | Kochav Defense Acquisition Corp - Class A | $263M | Financial Services | Shell Companies | -0.41 |
| GSRM | Bitcoin Depot Inc - Class A | $54M | N/A | N/A | -0.41 |
| UBXG | U-BX Technology Ltd | $6.42M | Communication Services | Advertising Agencies | -0.40 |
| PC | Premium Catering (Holdings) Ltd | $30M | Industrials | Specialty Business Services | -0.39 |
| WGRX | Wellgistics Health Inc | $6.79M | Healthcare | Pharmaceutical Retailers | -0.39 |
| HLN | Haleon plc | $44B | Healthcare | Drug Manufacturers - Specialty & Generic | -0.38 |
| CAG | Conagra Brands Inc | $6.75B | Consumer Defensive | Packaged Foods | -0.38 |
| TACH | Titan Acquisition Corp - Class A | $288M | Financial Services | Shell Companies | -0.38 |
| MAGH | Magnitude International Ltd | $230M | Industrials | Engineering & Construction | -0.38 |