44 Stocks and 56 ETFs for diversifying RAYJ (RAYLIANT SMDAM JAPAN EQUITY ETF)
The least correlated asset to RAYJ (RAYLIANT SMDAM JAPAN EQUITY ETF) is company Merrimack Pharmaceuticals (MACK). 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 | $16M | Industrials | Conglomerates | -0.62 |
| OTF | Blue Owl Technology Finance Corp | $4.94B | Financial Services | Asset Management | -0.59 |
| TMDE | TMD Energy Ltd | $18M | Energy | Oil & Gas Midstream | -0.59 |
| AACIW | Armada Acquisition Corp I - Warrants (13/08/2026) | $20M | N/A | N/A | -0.58 |
| 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 |
| AILE | iLearningEngines Holdings Inc - Class A | $59M | Technology | Software - Infrastructure | -0.56 |
| CVII | Churchill Capital Corp VII - Class A | $570M | Financial Services | Shell Companies | -0.55 |
| ANNA | AleAnna Inc - Class A | $122M | Energy | Oil & Gas E&p | -0.54 |
| BANL | CBL International Ltd | $11M | Energy | Oil & Gas Midstream | -0.53 |
| NAMI | Jinxin Technology Holding Company | $34M | Communication Services | Internet Content & Information | -0.53 |
| CRCL | Circle Internet Group Inc - Class A | $25B | Financial Services | Capital Markets | -0.53 |
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $20M | Financial Services | Shell Companies | -0.51 |
| RIBBU | Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $56M | Financial Services | Shell Companies | -0.51 |
| CPLP | Capital Product Partners L P | $355M | N/A | N/A | -0.51 |
| TTAN | ServiceTitan Inc - Class A | $5.85B | Technology | Software - Application | -0.49 |
| BRBR | Bellring Brands Inc | $1.01B | Consumer Defensive | Packaged Foods | -0.49 |
| BRO | Brown & Brown Inc | $19B | Financial Services | Insurance Brokers | -0.47 |
| EONR | HNR Acquisition Corp | $22M | Energy | Oil & Gas E&p | -0.46 |
| DGNX | Diginex Ltd | $31M | Industrials | Consulting Services | -0.46 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.46 |
| TURB | Turbo Energy S.A. | $7.58M | Technology | Solar | -0.45 |
| MNDO | Mind C.T.I Ltd | $20M | Technology | Software - Application | -0.45 |
| PRAA | PRA Group Inc | $574M | Financial Services | Credit Services | -0.44 |
| COKE | Coca-Cola Consolidated Inc | $13B | Consumer Defensive | Beverages - Non-alcoholic | -0.44 |
| VSTA | Vasta Platform Ltd Class A | $394M | Consumer Defensive | Education & Training Services | -0.43 |
| CAPS | Capstone Holding Corp | $3.02M | Basic Materials | Building Materials | -0.42 |
| HPAI | Helport AI Ltd | $33M | Technology | Software - Infrastructure | -0.42 |
| BIAF | BioAffinity Technologies Inc | $7.42M | Healthcare | Diagnostics & Research | -0.42 |
| GORV | Lazydays Holdings Inc | $1.58M | Consumer Cyclical | Auto & Truck Dealerships | -0.42 |
| CDTG | CDT Environmental Technology Investment Holdings Ltd | $3.77M | Industrials | Waste Management | -0.40 |
| MUSA | Murphy USA Inc | $9.56B | Consumer Cyclical | Specialty Retail | -0.40 |
| CABO | Cable One Inc | $309M | Communication Services | Telecom Services | -0.39 |
| G | Genpact Ltd | $5.38B | Technology | Information Technology Services | -0.39 |
| UBXG | U-BX Technology Ltd | $37M | Technology | Software - Infrastructure | -0.39 |
| HFFG | HF Foods Group Inc | $108M | Consumer Defensive | Food Distribution | -0.38 |
| LION | Lionsgate Studios Corp - New | $3.99B | Financial Services | Shell Companies | -0.38 |
| MCTR | CTRL Group Ltd | $15M | Communication Services | Advertising Agencies | -0.37 |
| UGRO | Urban-gro Inc | $5.10M | Industrials | Farm & Heavy Construction Machinery | -0.37 |
| INTS | Intensity Therapeutics Inc | $11M | Healthcare | Biotechnology | -0.37 |
| KORE | Kore Group Holdings Inc | $162M | Communication Services | Telecom Services | -0.37 |