30 Stocks and 70 ETFs for diversifying SLX (VANECK STEEL ETF)
The least correlated asset to SLX (VANECK STEEL ETF) is ETF DWSH (ADVISORSHARES DORSEY WRIGHT SHORT ETF). The correlation is -0.7744.
Stocks that lowly correlated with SLX
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| ASIC | Ategrity Specialty Holdings LLC | $1.08B | Financial Services | Insurance - Property & Casualty | -0.56 |
| HNGE | Hinge Health Inc - Class A | $6.74B | Healthcare | Health Information Services | -0.55 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.54 |
| OMDA | Omada Health Inc | $1.41B | Healthcare | Health Information Services | -0.54 |
| GIBO | GIBO Holdings Ltd | $106M | Communication Services | Internet Content & Information | -0.52 |
| ELOG | Eastern International Ltd | $9.59M | Industrials | Integrated Freight & Logistics | -0.51 |
| LHAI | Linkhome Holdings Inc | $19M | Real Estate | Real Estate Services | -0.50 |
| AII | American Integrity Insurance Group Inc | $358M | Financial Services | Insurance - Property & Casualty | -0.49 |
| DBTX | Decibel Therapeutics Inc | $123M | N/A | N/A | -0.49 |
| SAFX | XCF Global Inc | $145M | Utilities | Utilities - Renewable | -0.49 |
| WAY | Waystar Holding Corp | $4.35B | Healthcare | Health Information Services | -0.49 |
| SI | Shoulder Innovations Inc | $452M | N/A | N/A | -0.48 |
| ETS | Elite Express Holding Inc - Class A | $13M | Industrials | Trucking | -0.48 |
| ONCHU | 1RT Acquisition Corp - Units (1 Ord Cls A & 1 War) | $39M | Financial Services | Shell Companies | -0.45 |
| RETO | ReTo Eco-Solutions Inc - Class A | $6.39M | Basic Materials | Building Materials | -0.45 |
| EPWK | EPWK Holdings Ltd - Class A | $9.78K | Technology | Software - Application | -0.44 |
| RAAQ | Real Asset Acquisition Corp - Class A | $231M | Financial Services | Shell Companies | -0.42 |
| BGM | Qilian International Holding Group Ltd - Class A | $7.45M | Healthcare | Drug Manufacturers - Specialty & Generic | -0.42 |
| MOBX | Mobix Labs Inc - Class A | $20M | Technology | Semiconductors | -0.41 |
| FVNNR | Future Vision II Acquisition Corporation Right | $341K | N/A | N/A | -0.40 |
| FLAC | Frazier Lifesciences Acquisition Corp - Class A | $175M | N/A | N/A | -0.40 |
| CURX | Curanex Pharmaceuticals Inc | $6.11M | Healthcare | Biotechnology | -0.40 |
| IPXXU | USA Rare Earth Inc - Units (1 Ord Class A & 1/2 Warr) | $66M | N/A | N/A | -0.40 |
| PTLE | PTL Ltd | $70M | Consumer Cyclical | Specialty Retail | -0.40 |
| PLBL | Polibeli Group Ltd | $2.84B | Consumer Cyclical | Department Stores | -0.38 |
| VCKAU | Scilex Holding Company - Units (1 Ord & 1/2 War) | $37M | N/A | N/A | -0.38 |
| LGPS | LogProstyle Inc | $26M | Industrials | Conglomerates | -0.38 |
| BMGL | Basel Medical Group Ltd | $9.61M | Healthcare | Medical Care Facilities | -0.38 |
| TTAN | ServiceTitan Inc - Class A | $7.44B | Technology | Software - Application | -0.37 |
| MENS | Jyong Biotech Ltd | $174M | Healthcare | Biotechnology | -0.37 |