92 Stocks and 8 ETFs for diversifying Alma Metals (ALM)
The least correlated asset to Alma Metals (ALM) is ETF NTRL (First Trust Equity Market Neutral ETF). The correlation is -1.
Stocks that lowly correlated with ALM
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| HMST | HomeStreet Inc | $262M | N/A | N/A | -1.00 |
| BLDE | Blade Air Mobility Inc - Class A | $385M | N/A | N/A | -1.00 |
| AVDX | AvidXchange Holdings Inc | $2.07B | Technology | Software - Infrastructure | -0.94 |
| AMBI | Ambipar Emergency Response - Class A | $148M | Industrials | Waste Management | -0.88 |
| IOBT | IO Biotech Inc | $14M | Healthcare | Biotechnology | -0.87 |
| SRDX | Surmodics Inc | $614M | Healthcare | Medical Devices | -0.86 |
| LVTX | LAVA Therapeutics NV | $46M | Healthcare | Biotechnology | -0.86 |
| EVER | EverQuote Inc - Class A | $912M | Communication Services | Internet Content & Information | -0.83 |
| AMBC | AMBAC Financial Group Inc | $438M | Financial Services | Insurance - Specialty | -0.81 |
| AACT | Ares Acquisition Corporation II - Class A | $588M | Financial Services | Shell Companies | -0.80 |
| PGNY | Progyny Inc | $2.53B | Healthcare | Healthcare Plans | -0.80 |
| MCACU | ConnectM Technology Solutions Inc - Units (1 Ord Class A 1 War & 1 Right) | $70M | Financial Services | Shell Companies | -0.80 |
| FRES | Fresh2 Group Limited | $2.97M | Healthcare | Diagnostics & Research | -0.80 |
| AFMD | Affimed N.V. | $2.98M | Healthcare | Biotechnology | -0.80 |
| SLRN | Acelyrin Inc | $229M | Healthcare | Biotechnology | -0.80 |
| NTBL | Notable Labs Inc Ord | $2.39M | Healthcare | Biotechnology | -0.80 |
| MDRRP | Medalist Diversified REIT Inc | $28M | Real Estate | Reit - Diversified | -0.80 |
| CVII | Churchill Capital Corp VII - Class A | $570M | Financial Services | Shell Companies | -0.80 |
| SHLT | SHL Telemedicine Ltd ADR | $39M | Healthcare | Health Information Services | -0.80 |
| AILE | iLearningEngines Holdings Inc - Class A | $59M | Technology | Software - Infrastructure | -0.80 |
| PXDT | Pixie Dust Technologies Inc | $8.62M | Technology | Consumer Electronics | -0.80 |
| APPF | Appfolio Inc - Class A | $6.26B | Technology | Software - Application | -0.79 |
| EVOK | Evoke Pharma Inc | $19M | Healthcare | Drug Manufacturers - Specialty & Generic | -0.79 |
| MHH | Mastech Digital Inc | $91M | Industrials | Staffing & Employment Services | -0.78 |
| AACI | Armada Acquisition Corp I | $77M | Financial Services | Shell Companies | -0.78 |
| SBFG | SB Financial Group Inc | $166M | Financial Services | Banks - Regional | -0.77 |
| MMI | Marcus & Millichap Inc | $1.18B | Real Estate | Real Estate Services | -0.76 |
| LPBBU | Launch Two Acquisition Corp - Units (1 Ord Class A & 1/2 War) | $250M | Financial Services | Shell Companies | -0.75 |
| COOP | Mr. Cooper Group Inc | $14B | Financial Services | Mortgage Finance | -0.75 |
| NETD | Nabors Energy Transition Corp II - Class A | $73M | Financial Services | Shell Companies | -0.75 |
| CLBR | Colombier Acquisition Corp II - Class A | $366M | Financials | Investment Holding Companies | -0.75 |
| LMNX | Luminex Corp | $620M | N/A | N/A | -0.75 |
| AVDL | Avadel Pharmaceuticals plc | $2.10B | Healthcare | Drug Manufacturers - Specialty & Generic | -0.75 |
| EW | Edwards Lifesciences Corp | $50B | Healthcare | Medical Devices | -0.74 |
| QLYS | Qualys Inc | $5.64B | Technology | Software - Infrastructure | -0.74 |
| OSG | Overseas Shipholding Group Inc - Class A | $262M | Financial Services | Insurance - Specialty | -0.73 |
| ILMN | Illumina Inc | $29B | Healthcare | Diagnostics & Research | -0.73 |
| MQ | Marqeta Inc - Class A | $1.86B | Technology | Software - Infrastructure | -0.72 |
| KUKE | Kuke Music Holding Limited American Depositary Shares (each representing ten (10) Class A Ordinary Shares) | $5.93M | Communication Services | Entertainment | -0.72 |
| URGN | UroGen Pharma Ltd | $1.94B | Healthcare | Biotechnology | -0.72 |
| AGM-A | Federal Agricultural Mortgage Corp - Class A | $1.52B | Financial Services | Credit Services | -0.72 |
| ERJ | Embraer S.A. | $12B | Industrials | Aerospace & Defense | -0.72 |
| COMP | Compass Inc - Class A | $9.44B | Real Estate | Real Estate Services | -0.72 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.72 |
| SCPH | scPharmaceuticals Inc | $305M | Healthcare | Biotechnology | -0.71 |
| KRC | Kilroy Realty Corp | $4.64B | Real Estate | Reit - Office | -0.71 |
| HRMY | Harmony Biosciences Holdings Inc | $2.02B | Healthcare | Biotechnology | -0.71 |
| QTWO | Q2 Holdings Inc | $3.30B | Technology | Software - Application | -0.70 |
| FRSH | Freshworks Inc Class A | $3.01B | Technology | Software - Application | -0.70 |
| SMWB | Similarweb Ltd | $636M | Technology | Software - Application | -0.70 |
| MODV | ModivCare Inc | $6.20M | Healthcare | Medical Care Facilities | -0.70 |
| PRU | Prudential Financial Inc | $40B | Financial Services | Insurance - Life | -0.70 |
| TIPT | Tiptree Inc | $662M | Financial Services | Insurance - Specialty | -0.70 |
| IDT | IDT Corp - Class B | $1.56B | Communication Services | Telecom Services | -0.69 |
| GSRM | Bitcoin Depot Inc - Class A | $54M | N/A | N/A | -0.69 |
| TRU | TransUnion | $15B | Financial Services | Financial Data & Stock Exchanges | -0.69 |
| LSPD | Lightspeed Commerce Inc (Sub Voting) | $1.43B | Technology | Software - Application | -0.69 |
| SCLX | Scilex Holding Company | $78M | Healthcare | Drug Manufacturers - General | -0.68 |
| ZVIA | Zevia PBC - Class A | $120M | Consumer Defensive | Beverages - Non-alcoholic | -0.68 |
| FROG | JFrog Ltd | $11B | Technology | Software - Application | -0.68 |
| PAR | Par Technology Corp | $656M | Technology | Software - Application | -0.68 |
| TXG | 10x Genomics Inc - Class A | $5.87B | Healthcare | Health Information Services | -0.68 |
| MKTW | Marketwise Inc - Class A | $52M | Financial Services | Financial Data & Stock Exchanges | -0.67 |
| TRTX | TPG RE Finance Trust Inc | $667M | Real Estate | Reit - Mortgage | -0.67 |
| PCTY | Paylocity Holding Corp | $6.59B | Technology | Software - Application | -0.67 |
| AMPL | Amplitude Inc - Class A | $1.29B | Technology | Software - Application | -0.67 |
| PD | Pagerduty Inc | $845M | Technology | Software - Application | -0.67 |
| PHR | Phreesia Inc | $656M | Healthcare | Health Information Services | -0.67 |
| HTGC | Hercules Capital Inc | $3.02B | Financial Services | Asset Management | -0.67 |
| FOA | Finance of America Companies Inc - Class A | $218M | Financial Services | Credit Services | -0.67 |
| SPNT-P-B | SiriusPoint Ltd | $2.95B | N/A | N/A | -0.67 |
| KREF | KKR Real Estate Finance Trust Inc | $477M | Real Estate | Reit - Mortgage | -0.67 |
| BPRN | Princeton Bancorp Inc | $263M | Financial Services | Banks - Regional | -0.67 |
| HMN | Horace Mann Educators Corp | $2.09B | Financial Services | Insurance - Property & Casualty | -0.66 |
| AGYS | Agilysys Inc | $3B | Technology | Software - Application | -0.66 |
| AFRM | Affirm Holdings Inc - Class A | $28B | Financial Services | Credit Services | -0.66 |
| DTSTW | Data Storage Corp - Warrants (13/05/2026) | $22M | N/A | N/A | -0.66 |
| PGRE | PARAMOUNT GROUP, INC. | $1.46B | Real Estate | Reit - Office | -0.66 |
| APPN | Appian Corp - Class A | $1.86B | Technology | Software - Infrastructure | -0.66 |
| ACAD | Acadia Pharmaceuticals Inc | $4.43B | Healthcare | Biotechnology | -0.66 |
| DALN | DallasNews Corporation - Class A | $88M | N/A | N/A | -0.66 |
| ARCC | Ares Capital Corp | $14B | Financial Services | Asset Management | -0.66 |
| AGM | Federal Agricultural Mortgage Corp - Class C | $2.12B | Financial Services | Credit Services | -0.65 |
| GECC | Great Elm Capital Corp | $76M | Financial Services | Asset Management | -0.65 |
| AON | Aon plc. - Class A | $76B | Financial Services | Insurance Brokers | -0.65 |
| SPGI | S&P Global Inc | $132B | Financial Services | Financial Data & Stock Exchanges | -0.65 |
| ABP | Abpro Holdings, Inc Common Stock | $1.43M | Healthcare | Biotechnology | -0.65 |
| HGTY | Hagerty Inc - Class A | $4.05B | Financial Services | Insurance - Property & Casualty | -0.65 |
| U | Unity Software Inc | $14B | Technology | Software - Application | -0.65 |
| LIEN | Chicago Atlantic BDC Inc | $226M | Financial Services | Asset Management | -0.65 |
| IRT | Independence Realty Trust Inc | $3.88B | Real Estate | Reit - Residential | -0.65 |
| VIRC | Virco Manufacturing Corp | $95M | Consumer Cyclical | Furnishings, Fixtures & Appliances | -0.65 |
ETFs that lowly correlated with ALM
| Symbol | Name | AUM | Expense Ratio | Inception Date | Correlation |
|---|---|---|---|---|---|
| NTRL | First Trust Equity Market Neutral ETF | $19M | 0.95% | Feb 4, 2020 | -1.00 |
| XCOM | Ultra Communication Services Select Sector ETF | $384K | N/A | Jun 2, 2026 | -1.00 |
| ONG | Leverage Shares 2X Long ON Daily ETF | $1.90M | N/A | Jun 1, 2026 | -1.00 |
| FIYY | GRANITESHARES YIELDBOOST 20Y+ TREASURIES ETF | $732K | 1.07% | May 4, 2026 | -0.89 |
| DULL | Bank of Montreal | $21M | N/A | Feb 21, 2023 | -0.75 |
| GLL | ProShares UltraShort Gold -2x Shares | $110M | N/A | Dec 1, 2008 | -0.74 |
| FLBL | FRANKLIN SENIOR LOAN ETF | $847M | 0.45% | May 30, 2018 | -0.72 |
| ARDC | Ares Dynamic Credit Allocation Fund Inc | $322M | N/A | N/A | -0.67 |