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45 Stocks and 55 ETFs for diversifying Alcon (ALC)

The least correlated asset to Alcon (ALC) is ETF JHDG (WISDOMTREE JAPAN HEDGED QUALITY DIVIDEND GROWTH FUND NA). The correlation is -1.

Stocks that lowly correlated with ALC

SymbolName
Market cap
SectorIndustry
Correlation
OMDAOmada Health Inc$975MHealthcareHealth Information Services-0.79
RAAQUReal Asset Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$69MFinancial ServicesShell Companies-0.72
ATIIUArchimedes Tech SPAC Partners II Co. - Units (1 Ord & 1/2 War)$294MFinancial ServicesShell Companies-0.70
RAAQReal Asset Acquisition Corp - Class A$196MFinancial ServicesShell Companies-0.67
FATNFatpipe Inc$68MTechnologySoftware - Infrastructure-0.66
TVAIUThayer Ventures Acquisition Corp II - Units (1 Ord Cls A & 1 Rts)$10MFinancial ServicesShell Companies-0.65
RCDReady Capital Corp$3.76BN/AN/A-0.65
WLACWillow Lane Acquisition Corp$359MFinancial ServicesShell Companies-0.65
TACOWBerto Acquisition Corp - Warrants (01/05/2030)$1.62MN/AN/A-0.64
DFSCDEFSEC Technologies Inc Com$8.73MIndustrialsAerospace & Defense-0.63
ENGSEnergys Group Ltd$12MIndustrialsWaste Management-0.62
CAEPCantor Equity Partners III Inc - Class A$420MFinancial ServicesShell Companies-0.61
JLHLJulong Holding Ltd - Class A$457MIndustrialsBuilding Products & Equipment-0.61
TDACUTranslational Development Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$26MFinancial ServicesShell Companies-0.58
BACQRMerlin Inc$52MN/AN/A-0.58
TWNPTwin Hospitality Group Inc. Class A Common Stock$4.08MConsumer CyclicalRestaurants-0.57
WBTNWebtoon Entertainment Inc$1.61BCommunication ServicesInternet Content & Information-0.57
MSWMing Shing Group Holdings Ltd$17MIndustrialsEngineering & Construction-0.56
HNGEHinge Health Inc - Class A$4.21BHealthcareHealth Information Services-0.56
WLACUWillow Lane Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$33MFinancial ServicesShell Companies-0.56
ALABAstera Labs Inc$56BTechnologySemiconductors-0.55
NHICWNewHold Investment Corp III - Warrants (01/01/9999)$171MN/AN/A-0.55
SIMAUSIM Acquisition Corp I$251MFinancial ServicesShell Companies-0.55
TRAKDealerTrack Technologies Inc$188MTechnologySoftware - Application-0.55
YHNAUYHN Acquisition I Ltd - Units (1 Ord & 1 Rts)$64MFinancial ServicesShell Companies-0.55
WETOWebus International Ltd$11MTechnologySoftware - Infrastructure-0.54
DAICCID HoldCo Inc$5.39MTechnologyInformation Technology Services-0.54
ICONIcon Energy Corp$245IndustrialsMarine Shipping-0.54
HVIIRHennessy Capital Investment Corp VII Rights$482KN/AN/A-0.54
DXYZDestiny Tech100 Inc$629MFinancial ServicesAsset Management-0.53
HCHLHappy City Holdings Ltd - Class A$59MConsumer CyclicalRestaurants-0.52
FGMCFG Merger II Corp$91MFinancial ServicesShell Companies-0.51
RDACURising Dragon Acquisition Corp - Units (1 Ord Shs & 1 Rts)$13MFinancial ServicesShell Companies-0.51
XRPNArmada Acquisition Corp II - Class A$328MFinancial ServicesShell Companies-0.51
IMRABITWISE MARA OPTION INCOME STRATEGY ETF $914MN/AN/A-0.50
FGMCUFG Merger II Corp - Units (1 Ord & 1/2 War)$97MFinancial ServicesShell Companies-0.50
SKKSKK Holdings Ltd$7.37MIndustrialsEngineering & Construction-0.49
WFFWF Holding Ltd$10MIndustrialsSpecialty Industrial Machinery-0.49
GCIGannett Co., Inc.$1.41BCommunication ServicesPublishing-0.49
COLAColumbus Acquisition Corp$35MFinancial ServicesShell Companies-0.49
SIMASIM Acquisition Corp I - Class A$72MFinancial ServicesShell Companies-0.49
BMGLBasel Medical Group Ltd$11MHealthcareMedical Care Facilities-0.48
IPSTIP Strategy Holdings Inc$2.05MFinancial ServicesCapital Markets-0.48
CASKHeritage Distilling Holding Co. Inc$6.60MConsumer DefensiveBeverages - Wineries & Distilleries-0.48
BTSGUBrightSpring Health Services Inc$39BHealthcareHealth Information Services-0.48

ETFs that lowly correlated with ALC

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
JHDGWISDOMTREE JAPAN HEDGED QUALITY DIVIDEND GROWTH FUND NA$64M0.49%Apr 7, 2026-1.00
PALUDirexion Daily PANW Bull 2X Shares$12MN/AMar 25, 2025-0.76
QCMUDirexion Daily QCOM Bull 2X ETF$22MN/AJun 24, 2025-0.70
QCMLGRANITESHARES 2X LONG QCOM DAILY ETF $30MN/AFeb 12, 2025-0.67
IVESWedbush ETFMG Global Cloud Technology ETF$997M0.75%Jun 3, 2025-0.67
QUBXTRADR 2X LONG QUBT DAILY ETF $25MN/AJun 23, 2025-0.62
IONLGRANITESHARES 2X LONG IONQ DAILY ETF $88MN/AMar 24, 2025-0.62
QBProShares Nasdaq100 Dynamic Buffer ETF$1.40M0.58%Jun 24, 2025-0.62
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.60
HECOSPDR GALAXY HEDGED DIGITAL ASSET ECOSYSTEM ETF $82M0.90%Sep 9, 2024-0.58
QBULTRUESHARES QUARTERLY BULL HEDGE ETF $17M0.79%Jun 28, 2024-0.58
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.58
INTWGRANITESHARES 2X LONG INTC DAILY ETF $431MN/AFeb 12, 2025-0.58
DECOSPDR GALAXY DIGITAL ASSET ECOSYSTEM ETF $16M0.65%Sep 9, 2024-0.57
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.57
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.56
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.56
DVQQWEBs Defined Volatility QQQ ETF$2.90M0.94%Dec 16, 2024-0.55
QQHGInvesco QQQ Hedged Advantage ETF$13M0.45%May 5, 2025-0.55
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.55
AGIXKRANESHARES ARTIFICIAL INTELLIGENCE AND TECHNOLOGY ETF $340M0.99%Jul 17, 2024-0.54
TSIIREX TSLA GROWTH & INCOME ETF $41MN/AJun 3, 2025-0.54
MAROYIELDMAX(R) MARA OPTION INCOME STRATEGY ETF $66M1.00%Dec 9, 2024-0.53
BFRZInnovator Equity Managed 100 Buffer ETF$124M0.89%May 12, 2025-0.53
ARMGLEVERAGE SHARES 2X LONG ARM DAILY ETF $64MN/AJan 13, 2025-0.53
TEKYLAZARD NEXT GEN TECHNOLOGIES ETF $53M0.50%Apr 4, 2025-0.53
AMDGLEVERAGE SHARES 2X LONG AMD DAILY ETF $26MN/AJan 23, 2025-0.53
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.52
TEKXSPDR GALAXY TRANSFORMATIVE TECH ACCELERATORS ETF $6.10M0.65%Sep 9, 2024-0.52
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.52
RXDProShares UltraShort Health Care -2x Shares$4.90MN/AJan 30, 2007-0.52
DLLLGRANITESHARES 2X LONG DELL DAILY ETF $24MN/AFeb 12, 2025-0.52
KQQQKurv Technology Titans Select ETF$108M0.99%Jul 22, 2024-0.52
EGGQNESTYIELD VISIONARY ETF $74M0.93%Dec 27, 2024-0.52
CRWLGRANITESHARES 2X LONG CRWD DAILY ETF $41MN/ANov 11, 2024-0.51
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.51
GOOXT-REX 2X LONG ALPHABET DAILY TARGET ETF $58MN/AJan 10, 2024-0.51
MULLGRANITESHARES 2X LONG MU DAILY ETF $276MN/ANov 11, 2024-0.50
PVEXTRUESHARES CONVEQUITY ETF $55M0.82%Jun 27, 2025-0.50
TSLGLEVERAGE SHARES 2X LONG TSLA DAILY ETF $38MN/ADec 12, 2024-0.50
MSTPGRANITESHARES 2X LONG MSTR DAILY ETF $11MN/AJun 9, 2025-0.50
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.50
AMUUDIREXION DAILY AMD BULL 2X SHARES $77MN/AFeb 11, 2025-0.50
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.50
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.50
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.50
XAIXXtrackers Artificial Intelligence and Big Data ETF$123M0.35%Aug 1, 2024-0.49
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.49
OKLLDefiance Daily Target 2x Long OKLO ETF$293MN/AJun 23, 2025-0.49
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.49
BLOXNICHOLAS CRYPTO INCOME ETF $268M0.99%Jun 16, 2025-0.49
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.49
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.48
TQQYGRANITESHARES YIELDBOOST QQQ ETF $8.70M1.15%Feb 25, 2025-0.48
SMHXVANECK FABLESS SEMICONDUCTOR ETF $202M0.35%Aug 27, 2024-0.48