53 Stocks and 47 ETFs for diversifying SPMB (SPDR(R) PORTFOLIO MORTGAGE BACKED BOND ETF)
The least correlated asset to SPMB (SPDR(R) PORTFOLIO MORTGAGE BACKED BOND ETF) is ETF PFIX (SIMPLIFY INTEREST RATE HEDGE ETF). The correlation is -0.8644.
Stocks that lowly correlated with SPMB
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| CHA | Chagee Holdings Ltd | $1.65B | Consumer Cyclical | Restaurants | -0.76 |
| ETOR | Etoro Group Ltd - Class A | $3.64B | Financial Services | Capital Markets | -0.71 |
| OMSE | OMS Energy Technologies Inc | $201M | Energy | Oil & Gas Equipment & Services | -0.65 |
| HCHL | Happy City Holdings Ltd - Class A | $59M | Consumer Cyclical | Restaurants | -0.63 |
| STRZ | Starz Entertainment Corp | $380M | Communication Services | Entertainment | -0.61 |
| DMAA | Drugs Made In America Acquisition Corp | $244M | Financial Services | Shell Companies | -0.61 |
| RAAQ | Real Asset Acquisition Corp - Class A | $196M | Financial Services | Shell Companies | -0.60 |
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $20M | Financial Services | Shell Companies | -0.58 |
| CRCL | Circle Internet Group Inc - Class A | $25B | Financial Services | Capital Markets | -0.58 |
| DFSC | DEFSEC Technologies Inc Com | $8.73M | Industrials | Aerospace & Defense | -0.56 |
| PN | Skycorp Solar Group Ltd - Series A | $100M | Technology | Solar | -0.55 |
| RAL | Ralliant Corporation | $6.99B | N/A | N/A | -0.54 |
| GIBO | GIBO Holdings Ltd | $42M | Communication Services | Internet Content & Information | -0.53 |
| IROHR | CN Healthy Food Tech Group Corp | $35M | N/A | N/A | -0.53 |
| DXYZ | Destiny Tech100 Inc | $629M | Financial Services | Asset Management | -0.52 |
| JLHL | Julong Holding Ltd - Class A | $457M | Industrials | Building Products & Equipment | -0.52 |
| STFS | Star Fashion Culture Holdings Ltd - Class A | $903K | Communication Services | Advertising Agencies | -0.52 |
| VCXA | 10X Capital Venture Acquisition Corp II - Class A | $86M | N/A | N/A | -0.51 |
| IBTA | Ibotta Inc - Class A | $819M | Technology | Software - Application | -0.51 |
| CSAI | Cloudastructure Inc - Class A | $8.98M | Technology | Software - Infrastructure | -0.50 |
| NYAX | Nayax Ltd | $3.09B | Technology | Software - Infrastructure | -0.50 |
| CUPR | Cuprina Holdings (Cayman) Ltd - Class A | $5.42M | Healthcare | Medical Instruments & Supplies | -0.49 |
| CAEP | Cantor Equity Partners III Inc - Class A | $420M | Financial Services | Shell Companies | -0.49 |
| YSXT | Ysx Tech Co.Ltd - Class A | $24M | Industrials | Specialty Business Services | -0.49 |
| LSE | Leishen Energy Holding Co Ltd | $77M | Energy | Oil & Gas Equipment & Services | -0.49 |
| STAK | Stak Inc | $17M | Energy | Oil & Gas Equipment & Services | -0.48 |
| SLDE | Slide Insurance Holdings Inc | $2.20B | Financial Services | Insurance - Property & Casualty | -0.48 |
| RYET | Ruanyun Edai Technology Inc | $28M | Consumer Defensive | Education & Training Services | -0.47 |
| SMXT | SolarMax Technology Inc | $31M | Technology | Solar | -0.47 |
| RIBB | Ribbon Acquisition Corp | $42M | Financial Services | Shell Companies | -0.46 |
| COLA | Columbus Acquisition Corp | $35M | Financial Services | Shell Companies | -0.46 |
| ATHR | Aether Holdings Inc | $43M | Technology | Software - Application | -0.45 |
| RAAQU | Real Asset Acquisition Corp - Units (1 Ord Cls A & 1/2 War) | $69M | Financial Services | Shell Companies | -0.44 |
| DEC | N/A | $1.05B | Energy | Oil & Gas Integrated | -0.44 |
| BRLI | Brilliant Acquisition Corp | $5.92M | N/A | N/A | -0.44 |
| ZK | ZEEKR Intelligent Technology Holding Limited American Depositary Shares (each representing ten (10) Ordinary Shares) | $6.88B | Consumer Cyclical | Auto Manufacturers | -0.43 |
| USOI | UBS AG London Branch | $234B | N/A | N/A | -0.42 |
| CEPO | Cantor Equity Partners I Inc - Class A | $270M | Financial Services | Shell Companies | -0.41 |
| IPCX | Inflection Point Acquisition Corp III - Class A | $261M | Financial Services | Shell Companies | -0.41 |
| UYSCU | UY Scuti Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $89M | Financial Services | Shell Companies | -0.41 |
| DJTWW | Trump Media & Technology Group Corp Wt Exp | $1.14B | Communication Services | Internet Content & Information | -0.41 |
| HRYU | Global Interactive Technologies Inc | $760K | Communication Services | Internet Content & Information | -0.40 |
| MNR | Mach Natural Resources LP | $2.26B | Energy | Oil & Gas E&p | -0.40 |
| YHNAU | YHN Acquisition I Ltd - Units (1 Ord & 1 Rts) | $64M | Financial Services | Shell Companies | -0.40 |
| CTRI | Centuri Holdings Inc | $3.13B | Utilities | Utilities - Regulated Gas | -0.40 |
| LION | Lionsgate Studios Corp - New | $3.99B | Financial Services | Shell Companies | -0.40 |
| DXF | N/A | $2.89M | Financial Services | Credit Services | -0.40 |
| EXE | Chesapeake Energy Corp - New | $22B | Energy | Oil & Gas E&p | -0.40 |
| RBRK | Rubrik Inc - Class A | $13B | Technology | Software - Infrastructure | -0.39 |
| FGMC | FG Merger II Corp | $91M | Financial Services | Shell Companies | -0.39 |
| FATN | Fatpipe Inc | $68M | Technology | Software - Infrastructure | -0.39 |
| MSDL | Morgan Stanley Direct Lending Fund | $1.30B | Financial Services | Asset Management | -0.39 |
| TVGN | Tevogen Bio Holdings Inc | $30M | Healthcare | Biotechnology | -0.39 |