50 Stocks and 50 ETFs for diversifying American Electric Power (AEP)
The least correlated asset to American Electric Power (AEP) is ETF SDP (ProShares UltraShort Utilities -2x Shares). The correlation is -0.8141.
Stocks that lowly correlated with AEP
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| FTRK | Fast Track Group. | $8.26M | Communication Services | Entertainment | -0.71 |
| DVS | Dolly Varden Silver Corporation | $258M | Basic Materials | Silver | -0.67 |
| RAL | Ralliant Corporation | $6.99B | N/A | N/A | -0.60 |
| AKUS | Akouos Inc | $490M | N/A | N/A | -0.60 |
| GMHS | Gamehaus Holdings Inc | $49M | Communication Services | Electronic Gaming & Multimedia | -0.59 |
| TRAK | DealerTrack Technologies Inc | $188M | Technology | Software - Application | -0.59 |
| OTF | Blue Owl Technology Finance Corp | $4.94B | Financial Services | Asset Management | -0.57 |
| RBRK | Rubrik Inc - Class A | $13B | Technology | Software - Infrastructure | -0.56 |
| LUD | Luda Technology Group Ltd | $104M | Basic Materials | Steel | -0.56 |
| ASPC | Alpha Capital Acquisition Co - Class A | $17M | Financial Services | Shell Companies | -0.54 |
| NOEM | CO2 Energy Transition Corp | $72M | Financial Services | Shell Companies | -0.54 |
| HCHL | Happy City Holdings Ltd - Class A | $59M | Consumer Cyclical | Restaurants | -0.53 |
| TTAN | ServiceTitan Inc - Class A | $5.85B | Technology | Software - Application | -0.53 |
| LION | Lionsgate Studios Corp - New | $3.99B | Financial Services | Shell Companies | -0.52 |
| MCHPP | Microchip Technology Inc | $45B | Technology | Semiconductors | -0.52 |
| SAIL | Sailpoint Inc | $8.77B | Technology | Software - Infrastructure | -0.52 |
| FDSB | Fifth District Bancorp Inc | $80M | Financial Services | Banks - Regional | -0.51 |
| ASPCU | A SPAC III Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $19M | Financial Services | Shell Companies | -0.51 |
| RYET | Ruanyun Edai Technology Inc | $28M | Consumer Defensive | Education & Training Services | -0.50 |
| CUBWU | Lionheart Holdings - Units (1 Ord Class A & 1 War) | $250M | Financial Services | Shell Companies | -0.49 |
| RITR | Reitar Logtech Holdings Ltd - Class A | $31M | Industrials | Engineering & Construction | -0.49 |
| CENN | Cenntro Electric Group Ltd | $6.62M | Consumer Cyclical | Auto Manufacturers | -0.49 |
| GUTS | Fractyl Health Inc | $136M | Healthcare | Biotechnology | -0.49 |
| GENVR | Gen Digital Inc | $1.02B | N/A | N/A | -0.49 |
| DTSQU | DT Cloud Star Acquisition Corp - Units (1Ord & 1 Rts) | $75M | Financial Services | Shell Companies | -0.49 |
| DXF | N/A | $2.89M | Financial Services | Credit Services | -0.49 |
| SCAG | Scage Future | $38M | Industrials | Farm & Heavy Construction Machinery | -0.49 |
| DXYZ | Destiny Tech100 Inc | $629M | Financial Services | Asset Management | -0.48 |
| CTRI | Centuri Holdings Inc | $3.13B | Utilities | Utilities - Regulated Gas | -0.48 |
| SOL | Emeren Group Ltd American Depositary Shares, each representing 10 shares | $100M | Technology | Solar | -0.48 |
| TIC | N/A | $1.85B | Industrials | Specialty Business Services | -0.48 |
| ALAB | Astera Labs Inc | $56B | Technology | Semiconductors | -0.47 |
| INV | Innventure Inc | $513M | Financial Services | Asset Management | -0.47 |
| ALDFU | Aldel Financial II Inc - Units (1 Ord Cls A & 1/2 War) | $67M | Financial Services | Shell Companies | -0.47 |
| MCTR | CTRL Group Ltd | $15M | Communication Services | Advertising Agencies | -0.47 |
| BCOR | GRAYSCALE BITCOIN ADOPTERS ETF | $868M | N/A | N/A | -0.47 |
| CBNA | Chain Bridge Bancorp Inc - Class A | $237M | Financial Services | Banks - Regional | -0.46 |
| TJGC | TJGC Group Ltd | $101M | Communication Services | Advertising Agencies | -0.45 |
| LGCY | Legacy Education Inc | $139M | Consumer Defensive | Education & Training Services | -0.45 |
| EPSM | Epsium Enterprise Ltd | $15M | Consumer Defensive | Beverages - Wineries & Distilleries | -0.45 |
| VOYG | Voyager Technologies Inc - Class A | $2.83B | Industrials | Aerospace & Defense | -0.45 |
| MWYN | Marwynn Holdings Inc | $17M | Consumer Cyclical | Furnishings, Fixtures & Appliances | -0.44 |
| TOP | TOP Financial Group Ltd | $35M | Financial Services | Capital Markets | -0.44 |
| WFF | WF Holding Ltd | $10M | Industrials | Specialty Industrial Machinery | -0.44 |
| SPKLU | Spark I Acquisition Corp - Units (1 Ord Class A & 1/2 War) | $81M | Financial Services | Shell Companies | -0.44 |
| CNCK | Coincheck Group N.V. | $276M | Financial Services | Capital Markets | -0.44 |
| DBTX | Decibel Therapeutics Inc | $123M | N/A | N/A | -0.43 |
| CHYM | Chime Financial Inc - Class A | $6.59B | Technology | Software - Application | -0.43 |
| MSW | Ming Shing Group Holdings Ltd | $17M | Industrials | Engineering & Construction | -0.43 |
| FATN | Fatpipe Inc | $68M | Technology | Software - Infrastructure | -0.42 |