14 Stocks and 86 ETFs for diversifying SPRX (SPEAR ALPHA ETF)
The least correlated asset to SPRX (SPEAR ALPHA ETF) is ETF FIYY (GRANITESHARES YIELDBOOST 20Y+ TREASURIES ETF). The correlation is -1.
Stocks that lowly correlated with SPRX
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.64 |
| SOL | Emeren Group Ltd American Depositary Shares, each representing 10 shares | $100M | Technology | Solar | -0.60 |
| APADU | A Paradise Acquisition Corp Unit | $67M | Financial Services | Shell Companies | -0.56 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.54 |
| CPSR | Gelesis Holdings Inc - Class A | $1.87B | N/A | N/A | -0.50 |
| ASIC | Ategrity Specialty Holdings LLC | $1.01B | Financial Services | Insurance - Property & Casualty | -0.49 |
| WSBK | Winchester Bancorp Inc | $119M | Financial Services | Banks - Regional | -0.49 |
| MAMK | MaxsMaking Inc - Class A | $216M | Industrials | Conglomerates | -0.49 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.48 |
| MH | McGraw Hill Inc | $2.44B | Consumer Defensive | Education & Training Services | -0.47 |
| MCTR | CTRL Group Ltd | $15M | Communication Services | Advertising Agencies | -0.46 |
| LIONU | Lionheart III Corp - Units (1 Ord Share Class A & 1/2 War) | $113M | N/A | N/A | -0.45 |
| SLDE | Slide Insurance Holdings Inc | $2.01B | Financial Services | Insurance - Property & Casualty | -0.45 |
| JBS | JBS N.V. - Class A | $13B | Consumer Defensive | Packaged Foods | -0.45 |