30 Stocks and 70 ETFs for diversifying RVER (TRENCHLESS FUND ETF)
The least correlated asset to RVER (TRENCHLESS FUND ETF) is ETF NTRL (First Trust Equity Market Neutral ETF). The correlation is -1.
Stocks that lowly correlated with RVER
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| SLGC | SomaLogic Inc - Class A | $393M | Healthcare | Health Information Services | -0.84 |
| SOL | Emeren Group Ltd American Depositary Shares, each representing 10 shares | $100M | Technology | Solar | -0.74 |
| GRCL | Gracell Biotechnologies Inc | $990M | Healthcare | Biotechnology | -0.74 |
| FRBN | Forbion European Acquisition Corp - Class A | $343M | Financial Services | Shell Companies | -0.74 |
| STBX | Starbox Group Holdings Ltd | $1.14M | Communication Services | Internet Content & Information | -0.70 |
| APADU | A Paradise Acquisition Corp Unit | $67M | Financial Services | Shell Companies | -0.67 |
| ED | Consolidated Edison Inc | $40B | Utilities | Utilities - Regulated Electric | -0.65 |
| BGS | B&G Foods Inc | $305M | Consumer Defensive | Packaged Foods | -0.64 |
| PIRS | Pieris Pharmaceuticals Inc | $24M | N/A | N/A | -0.64 |
| APAD | Enhanced Group Inc - Class A | $161M | Financial Services | Shell Companies | -0.61 |
| TWKS | Thoughtworks Holding Inc | $1.45B | N/A | N/A | -0.60 |
| ADC | Agree Realty Corp | $9.32B | Real Estate | Reit - Retail | -0.56 |
| COKE | Coca-Cola Consolidated Inc | $13B | Consumer Defensive | Beverages - Non-alcoholic | -0.55 |
| WVVIP | Willamette Valley Vineyard Inc | $22M | Consumer Defensive | Beverages - Wineries & Distilleries | -0.55 |
| GLIBK | GCI Liberty Inc | $877M | Communication Services | Telecom Services | -0.54 |
| JBS | JBS N.V. - Class A | $13B | Consumer Defensive | Packaged Foods | -0.54 |
| ITI | Iteris Inc | $316M | N/A | N/A | -0.53 |
| TAK | Takeda Pharmaceutical Company | $51B | Healthcare | Drug Manufacturers - Specialty & Generic | -0.53 |
| HTFB | Horizon Technology Finance Corp | $1.14B | N/A | N/A | -0.52 |
| OPTN | OptiNose Inc | $112M | N/A | N/A | -0.52 |
| DM | Desktop Metal Inc - Class A | $165M | N/A | N/A | -0.51 |
| VTR | Ventas Inc | $45B | Real Estate | Reit - Healthcare Facilities | -0.51 |
| EMA | Emera Incorporated | $16B | Utilities | Utilities - Regulated Electric | -0.51 |
| WSBK | Winchester Bancorp Inc | $121M | Financial Services | Banks - Regional | -0.51 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.50 |
| FTS | Fortis Inc | $29B | Utilities | Utilities - Regulated Electric | -0.50 |
| KO | Coca-Cola Company | $355B | Consumer Defensive | Beverages - Non-alcoholic | -0.50 |
| NJR | New Jersey Resources Corporation | $5.84B | Utilities | Utilities - Regulated Gas | -0.49 |
| EZPW | EZCorp Inc - Class A | $2.02B | Financial Services | Credit Services | -0.49 |
| PHI | PLDT Inc | $4.12B | Communication Services | Telecom Services | -0.49 |