38 Stocks and 62 ETFs for diversifying Alvotech (ALVO)
The least correlated asset to Alvotech (ALVO) is ETF JHDG (WISDOMTREE JAPAN HEDGED QUALITY DIVIDEND GROWTH FUND NA). The correlation is -1.
Stocks that lowly correlated with ALVO
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| LMNX | Luminex Corp | $620M | N/A | N/A | -0.60 |
| APUS | Apimeds Pharmaceuticals US Inc | $1.82M | Healthcare | Drug Manufacturers - Specialty & Generic | -0.59 |
| JCICU | Jack Creek Investment Corp - Units (1 Ord Share Class A & 1/2 War) | $432M | N/A | N/A | -0.59 |
| CHACU | Crane Harbor Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $72M | Financial Services | Shell Companies | -0.54 |
| TACH | Titan Acquisition Corp - Class A | $286M | Financial Services | Shell Companies | -0.53 |
| FIGXU | FIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War) | $35M | Financial Services | Shell Companies | -0.50 |
| DTSQ | DT Cloud Star Acquisition Corp | $70M | Financial Services | Shell Companies | -0.49 |
| NTWOU | Newbury Street II Acquisition Corp - Units (1 Ord Cls A & 1/2 War) | $183M | Financial Services | Shell Companies | -0.44 |
| QSEA | Quartzsea Acquisition Corp | $87M | Financial Services | Shell Companies | -0.43 |
| OMSE | OMS Energy Technologies Inc | $201M | Energy | Oil & Gas Equipment & Services | -0.43 |
| LGPS | LogProstyle Inc | $16M | Industrials | Conglomerates | -0.43 |
| AKUS | Akouos Inc | $490M | N/A | N/A | -0.42 |
| TMDE | TMD Energy Ltd | $18M | Energy | Oil & Gas Midstream | -0.42 |
| FACTU | FACT II Acquisition Corp - Units (1 Ord Class A & 1/2 War) | $56M | Financial Services | Shell Companies | -0.41 |
| LANV | Lanvin Group Holdings Ltd - Class A | $186M | Consumer Cyclical | Luxury Goods | -0.41 |
| CDTG | CDT Environmental Technology Investment Holdings Ltd | $3.77M | Industrials | Waste Management | -0.41 |
| OHI | Omega Healthcare Investors Inc | $14B | Real Estate | Reit - Healthcare Facilities | -0.40 |
| GSHR | Gesher Acquisition Corp II - Class A | $155M | Financial Services | Shell Companies | -0.40 |
| AVTX | Avalo Therapeutics Inc | $404M | Healthcare | Biotechnology | -0.39 |
| SFWL | Shengfeng Development Ltd - Class A | $72M | Industrials | Integrated Freight & Logistics | -0.38 |
| KNOP | KNOT Offshore Partners LP | $372M | Energy | Oil & Gas Midstream | -0.38 |
| COEP | Coeptis Therapeutics Holdings Inc. Common Stock | $22M | Healthcare | Biotechnology | -0.38 |
| CCF | Chase Corp | $1.21B | N/A | N/A | -0.37 |
| NTBL | Notable Labs Inc Ord | $2.39M | Healthcare | Biotechnology | -0.37 |
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $20M | Financial Services | Shell Companies | -0.37 |
| GH | Guardant Health Inc | $17B | Healthcare | Diagnostics & Research | -0.36 |
| SDHIR | Siddhi Acquisition Corp | $1.38M | N/A | N/A | -0.36 |
| HBNB | Hotel101 Global Holdings Corp | $1.36B | Real Estate | Real Estate Services | -0.36 |
| HUHU | HUHUTECH International Group Inc | $224M | Industrials | Specialty Industrial Machinery | -0.35 |
| RIBBU | Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $56M | Financial Services | Shell Companies | -0.35 |
| DICE | DICE Therapeutics Inc | $2.25B | N/A | N/A | -0.35 |
| ALZN | Alzamend Neuro Inc | $4.38M | Healthcare | Biotechnology | -0.34 |
| COLAR | Columbus Acquisition Corp Rights | $1.07M | N/A | N/A | -0.34 |
| THRD | Third Harmonic Bio Inc | $242M | Healthcare | Biotechnology | -0.33 |
| RHLD | Resolute Holdings Management Inc | $948M | Industrials | Specialty Business Services | -0.32 |
| JCAP | Jefferson Capital Inc | $950M | Financial Services | Credit Services | -0.32 |
| RNERU | Mount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt) | $125M | N/A | N/A | -0.32 |
| JOB | GEE Group Inc | $26M | Industrials | Staffing & Employment Services | -0.32 |