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42 Stocks and 58 ETFs for diversifying Alkermes (ALKS)

The least correlated asset to Alkermes (ALKS) is ETF WZRD (Opportunistic Trader ETF). The correlation is -0.7943.

Stocks that lowly correlated with ALKS

SymbolName
Market cap
SectorIndustry
Correlation
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$18MFinancial ServicesShell Companies-0.64
STRCMicrostrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock$29BTechnologySoftware - Application-0.60
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.56
NOEMCO2 Energy Transition Corp$73MFinancial ServicesShell Companies-0.53
MHMcGraw Hill Inc$1.95BConsumer DefensiveEducation & Training Services-0.52
CRCLCircle Internet Group Inc - Class A$16BFinancial ServicesCapital Markets-0.51
MLACMountain Lake Acquisition Corp - Class A$43MN/AN/A-0.51
APADUA Paradise Acquisition Corp Unit$67MFinancial ServicesShell Companies-0.49
HPAIHelport AI Ltd$21MTechnologySoftware - Infrastructure-0.49
BIAFBioAffinity Technologies Inc$3.25MHealthcareDiagnostics & Research-0.48
NIPGNIP Group Inc$82MCommunication ServicesEntertainment-0.48
MPUMega Matrix Inc - Class A$13MCommunication ServicesEntertainment-0.47
SUGPSU Group Holdings Ltd - Class A$5.51MIndustrialsSecurity & Protection Services-0.46
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.43
LEGTLegato Merger Corp. III$197MFinancial ServicesShell Companies-0.43
NAMIJinxin Technology Holding Company$7.41MCommunication ServicesInternet Content & Information-0.42
BLSHBullish$3.80BTechnologySoftware - Infrastructure-0.41
HKITHitek Global Inc - Class A$4.63MTechnologyInformation Technology Services-0.41
BAYARBayview Acquisition Corp$143KN/AN/A-0.41
ZBAOZhibao Technology Inc$9.18MFinancial ServicesInsurance Brokers-0.40
CVCapsoVision Inc$315MHealthcareMedical Devices-0.40
HYACHaymaker Acquisition Corp. 4$330MFinancial ServicesShell Companies-0.40
LGCBLinkage Global Inc$24MConsumer CyclicalInternet Retail-0.39
APUSApimeds Pharmaceuticals US Inc$8.51MHealthcareDrug Manufacturers - Specialty & Generic-0.38
MAGHMagnitude International Ltd$230MIndustrialsEngineering & Construction-0.38
HAOHaoxi Health Technology Ltd - Class A$1.03MCommunication ServicesAdvertising Agencies-0.37
DECN/A$961MEnergyOil & Gas Integrated-0.37
ANNAAleAnna Inc - Class A$131MEnergyOil & Gas E&p-0.37
FBLGFibroBiologics Inc$3.18MHealthcareBiotechnology-0.36
EQVEQV Ventures Acquisition Corp.$466MFinancial ServicesShell Companies-0.36
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.36
DGNUDragoneer Growth Opportunities Corp III - Class A$538MN/AN/A-0.36
MOBXMobix Labs Inc - Class A$20MTechnologySemiconductors-0.36
QETARQuetta Acquisition Corp$1.43MN/AN/A-0.36
SLVOUBS AG London Branch$283BN/AN/A-0.36
NNNNAnbio Biotechnology - Class A$398MHealthcareMedical Instruments & Supplies-0.35
YDESYD Bio Ltd$161MHealthcareBiotechnology-0.34
NDACUNightDragon Acquisition Corp - Units (1 Ord Share Class A & 1/5 War)$444MN/AN/A-0.34
CURXCuranex Pharmaceuticals Inc$6.11MHealthcareBiotechnology-0.34
ELPWElong Power Holding Ltd$645KIndustrialsElectrical Equipment & Parts-0.33
IBACIB Acquisition Corp$46MFinancial ServicesShell Companies-0.33
INLFINLIF Ltd$227KIndustrialsSpecialty Industrial Machinery-0.33

ETFs that lowly correlated with ALKS

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
WZRDOpportunistic Trader ETF$976K1.00%Jun 24, 2025-0.79
NTRLFirst Trust Equity Market Neutral ETF$19M0.95%Feb 4, 2020-0.60
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.57
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.57
WTIPWISDOMTREE INFLATION PLUS FUND $21M0.65%Jun 16, 2025-0.56
PALDDirexion Daily PANW Bear 1X Shares$1.80M1.02%Feb 10, 2025-0.54
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.52
XLEISTATE STREET(R) ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF$40M0.35%Jul 29, 2025-0.50
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $16M1.03%Feb 11, 2025-0.47
ONGLeverage Shares 2X Long ON Daily ETF$1.90MN/AJun 1, 2026-0.47
PLTGLEVERAGE SHARES 2X LONG PLTR DAILY ETF $23MN/AApr 24, 2025-0.46
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.45
RBILF/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF $139M0.17%Feb 24, 2025-0.44
HFMFUNLIMITED HFMF MANAGED FUTURES ETF $22M0.97%Jul 14, 2025-0.44
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.43
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.43
GXPEGLOBAL X PURECAP MSCI ENERGY ETF $1.20M0.15%Jul 22, 2025-0.41
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.40
VGUSVANGUARD ULTRA-SHORT TREASURY ETF ETF SHARES$1B0.07%Feb 10, 2025-0.40
CSCSDirexion Daily CSCO Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.39
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.39
GMMFiShares Government Money Market ETF$178M0.20%Feb 4, 2025-0.39
GLDYDEFIANCE GOLD ENHANCED OPTIONS INCOME ETF $32M1.04%Apr 1, 2025-0.38
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.38
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.38
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.38
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.37
USEUSCF ENERGY COMMODITY STRATEGY ABSOLUTE RETURN FUND $2.60M0.79%May 3, 2023-0.37
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.37
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.37
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.37
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.36
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.36
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.36
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.36
CXRNTEUCRIUM 2X DAILY CORN ETF $4MN/ADec 12, 2024-0.35
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.35
PLTWROUNDHILL PLTR WEEKLYPAY ETF $102MN/AFeb 18, 2025-0.35
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.35
VBILVANGUARD 0-3 MONTH TREASURY BILL ETF ETF SHARES$9.30B0.06%Feb 10, 2025-0.35
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.35
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.35
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.35
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.35
PMMFiShares Prime Money Market ETF$646M0.20%Feb 4, 2025-0.34
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.34
TURFT. ROWE PRICE NATURAL RESOURCES ETF $157M0.44%Jun 11, 2025-0.34
DVXCWEBs Defined Volatility XLC ETF$229K0.89%Jul 22, 2025-0.34
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.34
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $13MN/AMar 31, 2025-0.34
YGLDSimplify Gold Strategy PLUS Income ETF$37M0.53%Dec 2, 2024-0.33
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.33
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.33
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.33
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.33
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.33
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.32
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.32