52 Stocks and 48 ETFs for diversifying SAPH (SAP SE ADRHEDGED)
The least correlated asset to SAPH (SAP SE ADRHEDGED) is ETF NTRL (First Trust Equity Market Neutral ETF). The correlation is -1.
Stocks that lowly correlated with SAPH
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| CDMO | Avid Bioservices Inc | $797M | N/A | N/A | -1.00 |
| BGS | B&G Foods Inc | $305M | Consumer Defensive | Packaged Foods | -0.81 |
| JBS | JBS N.V. - Class A | $13B | Consumer Defensive | Packaged Foods | -0.81 |
| GRCL | Gracell Biotechnologies Inc | $990M | Healthcare | Biotechnology | -0.76 |
| STBX | Starbox Group Holdings Ltd | $1.14M | Communication Services | Internet Content & Information | -0.76 |
| SOL | Emeren Group Ltd American Depositary Shares, each representing 10 shares | $100M | Technology | Solar | -0.76 |
| RCM | R1 RCM Inc | $6.04B | Healthcare | Health Information Services | -0.76 |
| MCACR | ConnectM Technology Solutions Inc | $2.93M | N/A | N/A | -0.76 |
| HRYU | Global Interactive Technologies Inc | $760K | Communication Services | Internet Content & Information | -0.76 |
| FRBN | Forbion European Acquisition Corp - Class A | $343M | Financial Services | Shell Companies | -0.76 |
| DBGIW | Digital Brands Group Inc - Warrants (01/05/2026) | $40M | N/A | N/A | -0.76 |
| FRLAU | Fortune Rise Acquisition Corp - Units (1 Ord Share Class A & 1/2 War) | $36M | Financial Services | Shell Companies | -0.76 |
| SLGC | SomaLogic Inc - Class A | $393M | Healthcare | Health Information Services | -0.74 |
| NJR | New Jersey Resources Corporation | $5.84B | Utilities | Utilities - Regulated Gas | -0.74 |
| GSRM | Bitcoin Depot Inc - Class A | $54M | N/A | N/A | -0.71 |
| AVBC | Avidia Bancorp Inc | $407M | Financial Services | Banks - Regional | -0.69 |
| DKI | Darkiris Inc - Class A | $6.20M | Communication Services | Electronic Gaming & Multimedia | -0.68 |
| SMTK | SmartKem, Inc. Common Stock | $4.23M | Technology | Semiconductor Equipment & Materials | -0.64 |
| JBSS | Sanfilippo (John B.) & Son Inc | $976M | Consumer Defensive | Packaged Foods | -0.63 |
| LBTYA | Liberty Global plc - Class A | $3.61B | Communication Services | Telecom Services | -0.63 |
| LBTYK | Liberty Global plc - Class C | $3.49B | Communication Services | Telecom Services | -0.62 |
| DLXY | Delixy Holdings Ltd | $7.64M | Energy | Oil & Gas Refining & Marketing | -0.62 |
| LBTYB | Liberty Global plc - Class B | $4.03B | Communication Services | Telecom Services | -0.61 |
| PINE | Alpine Income Property Trust Inc | $335M | Real Estate | Reit - Retail | -0.61 |
| WSR | Whitestone REIT | $976M | Real Estate | Reit - Retail | -0.61 |
| OPTN | OptiNose Inc | $112M | N/A | N/A | -0.60 |
| LEXX | Lexaria Bioscience Corp | $15M | Healthcare | Biotechnology | -0.58 |
| CODI-P-B | Compass Diversified Holdings | $1.69B | N/A | Other | -0.57 |
| HYZN | Hyzon Motors Inc - Class A | $3.42M | Consumer Cyclical | Auto Parts | -0.57 |
| EIX | Edison International | $30B | Utilities | Utilities - Regulated Electric | -0.57 |
| CABO | Cable One Inc | $228M | Communication Services | Telecom Services | -0.56 |
| CODI-P-A | Compass Diversified Holdings 7250 Series A Preferred Shares representing beneficial interest in | $1.53B | N/A | Other | -0.56 |
| CODI-P-C | Compass Diversified Holdings 7.875 PRF PERPETUAL USD 25 Ser C | $1.65B | N/A | N/A | -0.56 |
| VRE | Veris Residential, Inc. | $1.78B | Real Estate | Reit - Residential | -0.55 |
| CURX | Curanex Pharmaceuticals Inc | $6.11M | Healthcare | Biotechnology | -0.55 |
| GIW | GigInternational1 Inc | $138M | Financial Services | Shell Companies | -0.54 |
| BOTJ | Bank of James Financial Group Inc | $119M | Financial Services | Banks - Regional | -0.53 |
| LND | Brasilagro Companhia Brasileira De Propriedade Agricola | $368M | Consumer Defensive | Farm Products | -0.53 |
| APAD | Enhanced Group Inc - Class A | $161M | Financial Services | Shell Companies | -0.53 |
| DM | Desktop Metal Inc - Class A | $165M | N/A | N/A | -0.52 |
| ANDE | Andersons Inc | $2.55B | Consumer Defensive | Food Distribution | -0.52 |
| GRO | Brazil Potash Corp | $121M | Basic Materials | Other Industrial Metals & Mining | -0.52 |
| NHI | National Health Investors Inc | $3.66B | Real Estate | Reit - Healthcare Facilities | -0.52 |
| EZPW | EZCorp Inc - Class A | $2.02B | Financial Services | Credit Services | -0.51 |
| PDEX | Pro-Dex Inc (co) | $181M | Healthcare | Medical Instruments & Supplies | -0.50 |
| GFR | Greenfire Resources Ltd | $737M | Energy | Oil & Gas E&p | -0.50 |
| ATLN | Atlantic International Corp | $71M | Industrials | Staffing & Employment Services | -0.50 |
| OHI | Omega Healthcare Investors Inc | $14B | Real Estate | Reit - Healthcare Facilities | -0.50 |
| ANL | Adlai Nortye Ltd | $317M | Healthcare | Biotechnology | -0.49 |
| PKST | Peakstone Realty Trust | $781M | Real Estate | Reit - Office | -0.49 |
| AMRZ | Amrize Ltd | $28B | Basic Materials | Building Materials | -0.49 |
| CODI | Compass Diversified Holdings | $742M | Industrials | Conglomerates | -0.49 |