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36 Stocks and 64 ETFs for diversifying Alamo Group (ALG)

The least correlated asset to Alamo Group (ALG) is ETF SIJ (ProShares UltraShort Industrials -2x Shares). The correlation is -0.6205.

Stocks that lowly correlated with ALG

SymbolName
Market cap
SectorIndustry
Correlation
SSEAUStarry Sea Acquisition Corp - Units (1 Ord Shs & 1/6 Rts)$19MFinancial ServicesShell Companies-0.61
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.55
CTWCTW Cayman - Class A$147MCommunication ServicesElectronic Gaming & Multimedia-0.54
OFSSOOFS Capital Corp$341MN/AN/A-0.54
TVAIRThayer Ventures Acquisition Corporation II Rights$166KN/AN/A-0.52
ORIQUOrigin Investment Corp I - Units (1 Ord Cls & 1/2 War)$22MFinancial ServicesShell Companies-0.51
NMPAUNMP Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$35MFinancial ServicesShell Companies-0.50
DFSCDEFSEC Technologies Inc Com$3.99MIndustrialsAerospace & Defense-0.48
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.47
PLMKUPlum Acquisition Corp IV - Units (1 Ord cls A & 1/2 Warr)$213MFinancial ServicesShell Companies-0.46
FBYDFalcon`s Beyond Global Inc - Class A$617MIndustrialsConglomerates-0.46
HCHLHappy City Holdings Ltd - Class A$59MConsumer CyclicalRestaurants-0.46
HONDHCM II Acquisition Corp. Class A Ordinary Shares$519MFinancial ServicesShell Companies-0.45
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.45
TWNPTwin Hospitality Group Inc. Class A Common Stock$4.08MConsumer CyclicalRestaurants-0.45
EONRHNR Acquisition Corp$21MEnergyOil & Gas E&p-0.44
TURBTurbo Energy S.A.$7.58MTechnologySolar-0.44
CHACUCrane Harbor Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$72MFinancial ServicesShell Companies-0.43
SAFXXCF Global Inc$145MUtilitiesUtilities - Renewable-0.42
APADREnhanced Group Inc$6.67MN/AN/A-0.42
APUSApimeds Pharmaceuticals US Inc$8.51MHealthcareDrug Manufacturers - Specialty & Generic-0.42
CRCLCircle Internet Group Inc - Class A$16BFinancial ServicesCapital Markets-0.41
ELOGEastern International Ltd$9.59MIndustrialsIntegrated Freight & Logistics-0.41
ATPCAgape ATP Corp$2.52MConsumer DefensivePackaged Foods-0.41
PLTN/A$508MN/AN/A-0.40
MIAXMiami International Holdings Inc$4BFinancial ServicesCapital Markets-0.39
INACRIndigo Acquisition Corp Right$448KN/AN/A-0.39
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$18MFinancial ServicesShell Companies-0.38
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.38
ADVBAdvanced Biomed Inc$7.21MHealthcareDiagnostics & Research-0.38
LIONLionsgate Studios Corp - New$3.99BFinancial ServicesShell Companies-0.37
PCPremium Catering (Holdings) Ltd$30MIndustrialsSpecialty Business Services-0.37
AIIAmerican Integrity Insurance Group Inc$358MFinancial ServicesInsurance - Property & Casualty-0.37
RYDERyde Group Ltd - Class A$4.70MTechnologySoftware - Application-0.37
NAMIJinxin Technology Holding Company$7.41MCommunication ServicesInternet Content & Information-0.36
HBNBHotel101 Global Holdings Corp$1.31BReal EstateReal Estate Services-0.36

ETFs that lowly correlated with ALG

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.62
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.59
RBILF/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF $139M0.17%Feb 24, 2025-0.59
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.59
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.59
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.59
NOWLGRANITESHARES 2X LONG NOW DAILY ETF $286MN/AJul 14, 2025-0.58
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.58
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.57
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.57
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.56
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.56
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.56
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.55
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.55
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.55
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.54
CXRNTEUCRIUM 2X DAILY CORN ETF $4MN/ADec 12, 2024-0.53
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.53
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.53
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.52
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.52
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.52
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.52
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.51
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.51
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.50
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.49
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.49
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.49
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.48
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.48
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.48
CLIMCLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF $1.30M0.90%Mar 11, 2026-0.48
WTIPWISDOMTREE INFLATION PLUS FUND $21M0.65%Jun 16, 2025-0.47
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.46
GGOViShares Global Government Bond USD Hedged Active$2.90B0.39%Jun 25, 2025-0.46
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.46
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.45
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.45
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.44
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.44
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.43
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.43
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.42
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.42
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.41
SGVTSCHWAB GOVERNMENT MONEY MARKET ETF $770M0.28%Jun 11, 2025-0.40
COYYGRANITESHARES YIELDBOOST COIN ETF $21M1.07%Jul 28, 2025-0.40
MSFWROUNDHILL MSFT WEEKLYPAY ETF $27MN/AJul 23, 2025-0.39
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.39
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.39
TSIIREX TSLA GROWTH & INCOME ETF $41MN/AJun 3, 2025-0.38
QPUXDefiance 2X Daily Long Pure Quantum ETF$53MN/AAug 6, 2025-0.38
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.37
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.37
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.37
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.37
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.37
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.37
AVGWROUNDHILL AVGO WEEKLYPAY ETF $45MN/AJul 23, 2025-0.37
QBProShares Nasdaq100 Dynamic Buffer ETF$2.80M0.58%Jun 24, 2025-0.36
BAIGLEVERAGE SHARES 2X LONG BBAI DAILY ETF $14MN/AAug 20, 2025-0.36
QCMUDirexion Daily QCOM Bull 2X ETF$30MN/AJun 24, 2025-0.36