32 Stocks and 68 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 -0.9142.
Stocks that lowly correlated with SBIO
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| EPWK | EPWK Holdings Ltd - Class A | $9.78K | Technology | Software - Application | -0.67 |
| IBAC | IB Acquisition Corp | $46M | Financial Services | Shell Companies | -0.59 |
| PRMB | Primo Brands Corp - Class A | $8.97B | Consumer Defensive | Beverages - Non-alcoholic | -0.59 |
| TGE | Generation Essentials Group - Class A | $370M | Financial Services | Asset Management | -0.55 |
| BMGL | Basel Medical Group Ltd | $11M | Healthcare | Medical Care Facilities | -0.54 |
| KG | KING PHARMACEUTICALS INC | $85M | Financial Services | Insurance - Reinsurance | -0.49 |
| VNTG | Vantage Corp - Class A | $19M | Industrials | Marine Shipping | -0.47 |
| MCTR | CTRL Group Ltd | $15M | Communication Services | Advertising Agencies | -0.46 |
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $20M | Financial Services | Shell Companies | -0.46 |
| RAY | Raytech Holding Ltd | $9.91M | Consumer Defensive | Household & Personal Products | -0.46 |
| CRCL | Circle Internet Group Inc - Class A | $25B | Financial Services | Capital Markets | -0.46 |
| JLHL | Julong Holding Ltd - Class A | $457M | Industrials | Building Products & Equipment | -0.46 |
| HSPTR | Horizon Space Acquisition II Corp Right | $763K | N/A | N/A | -0.46 |
| WETO | Webus International Ltd | $11M | Technology | Software - Infrastructure | -0.44 |
| BDMD | Baird Medical Investment Holdings Ltd . | $44M | Healthcare | Medical Devices | -0.43 |
| FMFC | Kandal M Venture Ltd - Class A | $6.81M | Consumer Cyclical | Footwear & Accessories | -0.42 |
| MASK | 3 E Network Technology Group Ltd - Class A | $1.60M | Technology | Software - Application | -0.42 |
| WSBK | Winchester Bancorp Inc | $119M | Financial Services | Banks - Regional | -0.42 |
| RAAQ | Real Asset Acquisition Corp - Class A | $196M | Financial Services | Shell Companies | -0.42 |
| TRUG | TruGolf Holdings Inc - Class A | $1.24M | Consumer Cyclical | Leisure | -0.42 |
| ZYBT | Zhengye Biotechnology Holding Ltd | $41M | Healthcare | Drug Manufacturers - Specialty & Generic | -0.42 |
| UCFI | CN Healthy Food Tech Group Corp | $288M | Financial Services | Shell Companies | -0.40 |
| IROH | Iron Horse Acquisitions Corp | $263M | Financial Services | Shell Companies | -0.40 |
| KITT | Nauticus Robotics Inc | $6.09M | Industrials | Aerospace & Defense | -0.40 |
| QSEA | Quartzsea Acquisition Corp | $87M | Financial Services | Shell Companies | -0.39 |
| HCAI | Huachen AI Parking Management Technology Holding Co. Ltd | $13M | Industrials | Farm & Heavy Construction Machinery | -0.39 |
| HNGE | Hinge Health Inc - Class A | $4.21B | Healthcare | Health Information Services | -0.39 |
| YSXT | Ysx Tech Co.Ltd - Class A | $24M | Industrials | Specialty Business Services | -0.38 |
| MCGAU | Yorkville Acquisition Corp - Units (1 Ord Cls A & 1/3 War) | $52M | Financial Services | Shell Companies | -0.38 |
| PCLN | Priceline.com Inc | $906M | N/A | N/A | -0.37 |
| EGG | Enigmatig Ltd - Class A | $251M | Industrials | Consulting Services | -0.36 |
| STRZ | Starz Entertainment Corp | $380M | Communication Services | Entertainment | -0.36 |