21 Stocks and 79 ETFs for diversifying PSIL (ADVISORSHARES PSYCHEDELICS ETF)
The least correlated asset to PSIL (ADVISORSHARES PSYCHEDELICS ETF) is ETF JHDG (WISDOMTREE JAPAN HEDGED QUALITY DIVIDEND GROWTH FUND NA). The correlation is -1.
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 | -0.67 |
| OMSE | OMS Energy Technologies Inc | $201M | Energy | Oil & Gas Equipment & Services | -0.53 |
| LMNX | Luminex Corp | $620M | N/A | N/A | -0.50 |
| WSBK | Winchester Bancorp Inc | $119M | Financial Services | Banks - Regional | -0.49 |
| HBNB | Hotel101 Global Holdings Corp | $1.36B | Real Estate | Real Estate Services | -0.48 |
| TRINI | Trinity Capital Inc | $2.23B | N/A | N/A | -0.46 |
| HLN | Haleon plc | $42B | Healthcare | Drug Manufacturers - Specialty & Generic | -0.43 |
| PTLE | PTL Ltd | $70M | Consumer Cyclical | Specialty Retail | -0.42 |
| CAG | Conagra Brands Inc | $6.38B | Consumer Defensive | Packaged Foods | -0.42 |
| CPB | Campbell Soup Company | $6.11B | Consumer Defensive | Packaged Foods | -0.40 |
| WGRX | Wellgistics Health Inc | $7.55M | Healthcare | Pharmaceutical Retailers | -0.40 |
| GIS | General Mills Inc | $18B | Consumer Defensive | Packaged Foods | -0.40 |
| PC | Premium Catering (Holdings) Ltd | $30M | Industrials | Specialty Business Services | -0.40 |
| UBXG | U-BX Technology Ltd | $37M | Technology | Software - Infrastructure | -0.40 |
| TRUG | TruGolf Holdings Inc - Class A | $1.24M | Consumer Cyclical | Leisure | -0.39 |
| TACH | Titan Acquisition Corp - Class A | $286M | Financial Services | Shell Companies | -0.39 |
| ASIC | Ategrity Specialty Holdings LLC | $969M | Financial Services | Insurance - Property & Casualty | -0.39 |
| PCLN | Priceline.com Inc | $906M | N/A | N/A | -0.39 |
| SLXN | Silexion Therapeutics Corp | $1.30M | Healthcare | Biotechnology | -0.38 |
| LGPS | LogProstyle Inc | $16M | Industrials | Conglomerates | -0.38 |
| JCAP | Jefferson Capital Inc | $950M | Financial Services | Credit Services | -0.38 |