29 Stocks and 71 ETFs for diversifying RND (FIRST TRUST BLOOMBERG R&D LEADERS ETF)
The least correlated asset to RND (FIRST TRUST BLOOMBERG R&D LEADERS ETF) is company U.S. Xpress Enterprises (USX). The correlation is -1.
Stocks that lowly correlated with RND
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| USX | U.S. Xpress Enterprises Inc - Class A | $332M | Industrials | Trucking | -1.00 |
| GSRM | Bitcoin Depot Inc - Class A | $54M | N/A | N/A | -0.99 |
| SMTK | SmartKem, Inc. Common Stock | $4.23M | Technology | Semiconductor Equipment & Materials | -0.98 |
| TWKS | Thoughtworks Holding Inc | $1.45B | N/A | N/A | -0.97 |
| ITI | Iteris Inc | $316M | N/A | N/A | -0.78 |
| ED | Consolidated Edison Inc | $40B | Utilities | Utilities - Regulated Electric | -0.76 |
| PIRS | Pieris Pharmaceuticals Inc | $24M | N/A | N/A | -0.74 |
| PLMI | Plum Acquisition Corp I - Class A | $192M | N/A | N/A | -0.71 |
| SLGC | SomaLogic Inc - Class A | $393M | Healthcare | Health Information Services | -0.65 |
| EXC | Exelon Corp | $47B | Utilities | Utilities - Regulated Electric | -0.61 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.60 |
| WSBK | Winchester Bancorp Inc | $121M | Financial Services | Banks - Regional | -0.60 |
| CDMO | Avid Bioservices Inc | $797M | N/A | N/A | -0.60 |
| FRBN | Forbion European Acquisition Corp - Class A | $343M | Financial Services | Shell Companies | -0.59 |
| GRCL | Gracell Biotechnologies Inc | $990M | Healthcare | Biotechnology | -0.59 |
| SOL | Emeren Group Ltd American Depositary Shares, each representing 10 shares | $100M | Technology | Solar | -0.59 |
| VSTA | Vasta Platform Ltd Class A | $394M | Consumer Defensive | Education & Training Services | -0.58 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.57 |
| STBX | Starbox Group Holdings Ltd | $1.14M | Communication Services | Internet Content & Information | -0.57 |
| PRA | ProAssurance Corporation | $1.29B | Financial Services | Insurance - Property & Casualty | -0.57 |
| DM | Desktop Metal Inc - Class A | $165M | N/A | N/A | -0.56 |
| AACIW | Armada Acquisition Corp I - Warrants (13/08/2026) | $20M | N/A | N/A | -0.55 |
| AWK | American Water Works Co. Inc | $25B | Utilities | Utilities - Regulated Water | -0.54 |
| CMS | CMS Energy Corporation | $23B | Utilities | Utilities - Regulated Electric | -0.52 |
| TAK | Takeda Pharmaceutical Company | $51B | Healthcare | Drug Manufacturers - Specialty & Generic | -0.52 |
| FTS | Fortis Inc | $29B | Utilities | Utilities - Regulated Electric | -0.52 |
| AVA | Avista Corp | $3.43B | Utilities | Utilities - Diversified | -0.51 |
| DUK | Duke Energy Corp | $97B | Utilities | Utilities - Regulated Electric | -0.51 |
| BGS | B&G Foods Inc | $305M | Consumer Defensive | Packaged Foods | -0.51 |