33 Stocks and 67 ETFs for diversifying SBIO (ALPS MEDICAL BREAKTHROUGHS ETF)
The least correlated asset to SBIO (ALPS MEDICAL BREAKTHROUGHS ETF) is ETF LABD (DIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES). The correlation is -0.9207.
Stocks that lowly correlated with SBIO
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| JLHL | Julong Holding Ltd - Class A | $219M | Industrials | Building Products & Equipment | -0.62 |
| CGCT | Cartesian Growth Corporation III Class A Ordinary Shares | $283M | Financial Services | Shell Companies | -0.60 |
| IBAC | IB Acquisition Corp | $46M | Financial Services | Shell Companies | -0.59 |
| CURX | Curanex Pharmaceuticals Inc | $6.11M | Healthcare | Biotechnology | -0.55 |
| EPWK | EPWK Holdings Ltd - Class A | $9.78K | Technology | Software - Application | -0.52 |
| SEGG | Lottery.com Inc | $4.48M | Consumer Cyclical | Gambling | -0.50 |
| BSAA | BEST SPAC I Acquisition Corp - Class A | $63M | Financial Services | Shell Companies | -0.49 |
| PRMB | Primo Brands Corp - Class A | $9.12B | Consumer Defensive | Beverages - Non-alcoholic | -0.48 |
| KITT | Nauticus Robotics Inc | $4.97M | Industrials | Aerospace & Defense | -0.47 |
| MCTR | CTRL Group Ltd | $15M | Communication Services | Advertising Agencies | -0.46 |
| WETO | Wetour Robotics Ltd | $11M | Technology | Software - Infrastructure | -0.45 |
| KG | KING PHARMACEUTICALS INC | $77M | Financial Services | Insurance - Reinsurance | -0.44 |
| FGMC | FG Merger II Corp | $83M | Financial Services | Shell Companies | -0.43 |
| BCAR | Bank of the Carolinas CORP | $303M | Financial Services | Shell Companies | -0.43 |
| FACTU | FACT II Acquisition Corp - Units (1 Ord Class A & 1/2 War) | $56M | Financial Services | Shell Companies | -0.42 |
| MASK | 3 E Network Technology Group Ltd - Class A | $1.60M | Technology | Software - Application | -0.42 |
| BMGL | Basel Medical Group Ltd | $9.61M | Healthcare | Medical Care Facilities | -0.42 |
| QSEA | Quartzsea Acquisition Corp | $87M | Financial Services | Shell Companies | -0.42 |
| RAY | Raytech Holding Ltd | $8.20M | Consumer Defensive | Household & Personal Products | -0.41 |
| CRCL | Circle Internet Group Inc - Class A | $16B | Financial Services | Capital Markets | -0.41 |
| NTCL | NetClass Technology Inc - Class A | $8.13M | Technology | Software - Application | -0.40 |
| HSPTR | Horizon Space Acquisition II Corp Right | $1M | N/A | N/A | -0.40 |
| IPODU | Dune Acquisition Corp II - Units (1 Ord Cls A & 1 War) | $156M | Financial Services | Shell Companies | -0.40 |
| TDIC | Dreamland Ltd | $17M | Communication Services | Advertising Agencies | -0.40 |
| BDMD | Baird Medical Investment Holdings Ltd . | $34M | Healthcare | Medical Devices | -0.39 |
| FMFC | Kandal M Venture Ltd - Class A | $4.71M | Consumer Cyclical | Footwear & Accessories | -0.39 |
| MACIU | Melar Acquisition Corp I - Units (1 Ord Class A & 1 War) | $178M | Financial Services | Shell Companies | -0.39 |
| CHARU | Charlton Aria Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $20M | Financial Services | Shell Companies | -0.38 |
| BYAH | Park Ha Biological Technology Co Ltd | $917K | Consumer Defensive | Household & Personal Products | -0.38 |
| VNTG | Vantage Corp - Class A | $19M | Industrials | Marine Shipping | -0.38 |
| AIRO | AIRO Group Holdings Inc | $212M | Industrials | Aerospace & Defense | -0.38 |
| YSXT | Ysx Tech Co.Ltd - Class A | $20M | Industrials | Specialty Business Services | -0.38 |
| ZYBT | Zhengye Biotechnology Holding Ltd | $35M | Healthcare | Drug Manufacturers - Specialty & Generic | -0.38 |