46 Stocks and 54 ETFs for diversifying RAYJ (RAYLIANT SMDAM JAPAN EQUITY ETF)
The least correlated asset to RAYJ (RAYLIANT SMDAM JAPAN EQUITY ETF) is ETF NTRL (First Trust Equity Market Neutral ETF). The correlation is -1.
Stocks that lowly correlated with RAYJ
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| MACK | Merrimack Pharmaceuticals Inc | $219M | N/A | N/A | -1.00 |
| PTWOU | SBC Medical Group Holdings Inc - Units (1 Ord Class A & 1 War) | $1.13B | N/A | N/A | -0.92 |
| PLMIU | Plum Acquisition Corp I - Units (1 Ord Share Class A & 1/5 War) | $232M | N/A | N/A | -0.88 |
| LGPS | LogProstyle Inc | $26M | Industrials | Conglomerates | -0.67 |
| LHAI | Linkhome Holdings Inc | $19M | Real Estate | Real Estate Services | -0.65 |
| NIQ | NIQ Global Intelligence plc | $3.24B | N/A | N/A | -0.64 |
| GSRM | Bitcoin Depot Inc - Class A | $54M | N/A | N/A | -0.63 |
| SMTK | SmartKem, Inc. Common Stock | $4.23M | Technology | Semiconductor Equipment & Materials | -0.61 |
| MCACU | ConnectM Technology Solutions Inc - Units (1 Ord Class A 1 War & 1 Right) | $70M | Financial Services | Shell Companies | -0.57 |
| NAOV | NanoVibronix Inc | $15M | Healthcare | Medical Devices | -0.57 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.56 |
| OTF | Blue Owl Technology Finance Corp | $4.79B | Financial Services | Asset Management | -0.55 |
| AILE | iLearningEngines Holdings Inc - Class A | $59M | Technology | Software - Infrastructure | -0.55 |
| CVII | Churchill Capital Corp VII - Class A | $570M | Financial Services | Shell Companies | -0.54 |
| BRBR | Bellring Brands Inc | $1.42B | Consumer Defensive | Packaged Foods | -0.53 |
| ANNA | AleAnna Inc - Class A | $131M | Energy | Oil & Gas E&p | -0.53 |
| SI | Shoulder Innovations Inc | $452M | N/A | N/A | -0.53 |
| BANL | CBL International Ltd | $11M | Energy | Oil & Gas Midstream | -0.52 |
| TTAN | ServiceTitan Inc - Class A | $7.44B | Technology | Software - Application | -0.51 |
| AACIW | Armada Acquisition Corp I - Warrants (13/08/2026) | $20M | N/A | N/A | -0.51 |
| CPLP | Capital Product Partners L P | $355M | N/A | N/A | -0.51 |
| BRO | Brown & Brown Inc | $22B | Financial Services | Insurance Brokers | -0.50 |
| YOUL | Youlife Group Inc | $41M | Consumer Defensive | Education & Training Services | -0.50 |
| MH | McGraw Hill Inc | $1.95B | Consumer Defensive | Education & Training Services | -0.49 |
| MNDO | Mind C.T.I Ltd | $21M | Technology | Software - Application | -0.49 |
| PLBL | Polibeli Group Ltd | $2.84B | Consumer Cyclical | Department Stores | -0.49 |
| CV | CapsoVision Inc | $315M | Healthcare | Medical Devices | -0.47 |
| PRAA | PRA Group Inc | $688M | Financial Services | Credit Services | -0.46 |
| DGNX | Diginex Ltd | $28M | Industrials | Consulting Services | -0.45 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.44 |
| EONR | HNR Acquisition Corp | $21M | Energy | Oil & Gas E&p | -0.44 |
| TURB | Turbo Energy S.A. | $7.58M | Technology | Solar | -0.43 |
| MUSA | Murphy USA Inc | $11B | Consumer Cyclical | Specialty Retail | -0.42 |
| THH | TryHard Holdings Ltd | $12M | Industrials | Specialty Business Services | -0.42 |
| INTS | Intensity Therapeutics Inc | $12M | Healthcare | Biotechnology | -0.42 |
| SLDE | Slide Insurance Holdings Inc | $2.32B | Financial Services | Insurance - Property & Casualty | -0.42 |
| AII | American Integrity Insurance Group Inc | $358M | Financial Services | Insurance - Property & Casualty | -0.41 |
| ADVB | Advanced Biomed Inc | $7.21M | Healthcare | Diagnostics & Research | -0.41 |
| VSTA | Vasta Platform Ltd Class A | $394M | Consumer Defensive | Education & Training Services | -0.41 |
| BWIN | The Baldwin Insurance Group Inc - Class A | $2.40B | Financial Services | Insurance Brokers | -0.41 |
| COKE | Coca-Cola Consolidated Inc | $13B | Consumer Defensive | Beverages - Non-alcoholic | -0.40 |
| FIG | Figma Inc - Class A | $12B | Technology | Software - Application | -0.40 |
| CAPS | Capstone Holding Corp | $2.58M | Basic Materials | Building Materials | -0.40 |
| LAWR | Robot Consulting Co. Ltd | $158M | Industrials | Consulting Services | -0.40 |
| PLT | N/A | $508M | N/A | N/A | -0.40 |
| ACIW | ACI Worldwide Inc | $5.78B | Technology | Software - Infrastructure | -0.39 |