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31 Stocks and 69 ETFs for diversifying American Superconductor (AMSC)

The least correlated asset to American Superconductor (AMSC) is ETF DIPS (YIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF). The correlation is -0.7395.

Stocks that lowly correlated with AMSC

SymbolName
Market cap
SectorIndustry
Correlation
PLBLPolibeli Group Ltd$2.84BConsumer CyclicalDepartment Stores-0.64
HBNBHotel101 Global Holdings Corp$1.31BReal EstateReal Estate Services-0.61
SIShoulder Innovations Inc$452MN/AN/A-0.60
MAMKMaxsMaking Inc - Class A$195MIndustrialsConglomerates-0.59
OYSEOyster Enterprises II Acquisition Corp$268MFinancial ServicesShell Companies-0.58
MAGHMagnitude International Ltd$230MIndustrialsEngineering & Construction-0.57
RNERUMount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt)$125MN/AN/A-0.54
PGACPantages Capital Acquisition Corp Cl A Ord Shs$118MFinancial ServicesShell Companies-0.53
MHMcGraw Hill Inc$1.95BConsumer DefensiveEducation & Training Services-0.52
LSBKLake Shore Bancorp Inc$134MFinancial ServicesBanks - Regional-0.49
FIGXUFIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$35MFinancial ServicesShell Companies-0.47
JCAPJefferson Capital Inc$1.06BFinancial ServicesCredit Services-0.46
ASICAtegrity Specialty Holdings LLC$1.08BFinancial ServicesInsurance - Property & Casualty-0.46
SLDESlide Insurance Holdings Inc$2.32BFinancial ServicesInsurance - Property & Casualty-0.46
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.46
ORIQUOrigin Investment Corp I - Units (1 Ord Cls & 1/2 War)$22MFinancial ServicesShell Companies-0.42
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.42
WTGWintergreen Acquisition Corp$58MFinancial ServicesShell Companies-0.41
LGPSLogProstyle Inc$26MIndustrialsConglomerates-0.40
LCCCLakeshore Acquisition III Corp$72MFinancial ServicesShell Companies-0.40
LWACWLightWave Acquisition Corp - Warrants (06/06/2030)$178MN/AN/A-0.40
CHACUCrane Harbor Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$72MFinancial ServicesShell Companies-0.39
PXDTPixie Dust Technologies Inc$8.62MTechnologyConsumer Electronics-0.39
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.38
CRAQCal Redwood Acquisition Corp$320MFinancial ServicesShell Companies-0.38
SDHIRSiddhi Acquisition Corp$1.13MN/AN/A-0.37
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.37
PTLEPTL Ltd$70MConsumer CyclicalSpecialty Retail-0.37
WTGURWintergreen Acquisition Corp$237KN/AN/A-0.37
PCPremium Catering (Holdings) Ltd$30MIndustrialsSpecialty Business Services-0.36
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.35

ETFs that lowly correlated with AMSC

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.74
NVDQT-REX 2X INVERSE NVIDIA DAILY TARGET ETF $22MN/AOct 18, 2023-0.71
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $19M1.01%Sep 12, 2023-0.70
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $13MN/AMar 31, 2025-0.69
WNTRYieldMax Short MSTR Option Income Strategy ETF$81M1.00%Mar 26, 2025-0.68
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.68
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $61MN/AAug 21, 2023-0.67
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $35M1.05%Jul 9, 2024-0.66
DVXVWEBs Defined Volatility XLV ETF$480K0.89%Jul 22, 2025-0.64
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.64
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.62
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.60
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.60
CONIGRANITESHARES 2X SHORT COIN DAILY ETF $16MN/ASep 4, 2024-0.60
BRKUDIREXION DAILY BRKB BULL 2X SHARES $45MN/ADec 10, 2024-0.59
SETHProShares Short Ether ETF$23M0.95%Nov 1, 2023-0.59
BTCZT-REX 2X INVERSE BITCOIN DAILY TARGET ETF $30MN/AJul 9, 2024-0.55
SHRTGOTHAM SHORT STRATEGIES ETF $14M1.35%Jul 31, 2017-0.55
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $10M1.02%Sep 6, 2022-0.55
ETHDProShares UltraShort Ether ETF$86MN/AJun 6, 2024-0.54
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.53
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $16M1.03%Feb 11, 2025-0.53
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.52
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.51
MSTZT-REX 2X INVERSE MSTR DAILY TARGET ETF $148MN/ASep 17, 2024-0.51
SMSTDEFIANCE DAILY TARGET 2X SHORT MSTR ETF $49MN/AAug 20, 2024-0.50
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.49
SBITProShares UltraShort Bitcoin ETF$219MN/AApr 1, 2024-0.49
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.47
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.47
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.46
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.46
XLVISTATE STREET(R) HEALTH CARE SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)HEALTH CARE SELECT SECTOR SPDR(R) PREMIUM INCOME ETF$16M0.35%Jul 29, 2025-0.46
ELILDirexion Daily LLY Bull 2X Shares$23MN/AMar 25, 2025-0.46
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.45
RTXGLeverage Shares 2X Long RTX Daily ETF$4.50MN/AJun 5, 2025-0.45
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.44
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $16M1.05%May 1, 2024-0.43
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.43
MSFDDIREXION DAILY MSFT BEAR 1X SHARES $11M1.02%Sep 6, 2022-0.43
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.43
LLYXDEFIANCE DAILY TARGET 2X LONG LLY ETF $74MN/AAug 8, 2024-0.42
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.42
TSLSDirexion Daily TSLA Bear 1X Shares$66M0.95%Aug 8, 2022-0.41
RVNLGRANITESHARES 2X LONG RIVN DAILY ETF $15MN/AApr 21, 2025-0.40
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.40
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.40
BITIProShares Short Bitcoin ETF$144M1.01%Jun 21, 2022-0.40
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.40
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.40
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.39
TSLQTradr 2X Short TSLA Daily ETF$114MN/AJul 13, 2022-0.39
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.39
TSLZT-REX 2X INVERSE TESLA DAILY TARGET ETF $31MN/AOct 18, 2023-0.39
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.38
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.38
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.37
NFXSDIREXION DAILY NFLX BEAR 1X SHARES $5.40M1.03%Oct 2, 2024-0.37
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.37
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.37
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.37
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.37
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.36
SBILSimplify Government Money Market ETF$5B0.15%Jul 14, 2025-0.36
BRKWROUNDHILL BRKB WEEKLYPAY ETF $16MN/AJun 17, 2025-0.35
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.35
PLTDT-REX 2X INVERSE PLTR DAILY TARGET ETF $47M0.98%Dec 10, 2024-0.35
TSDDGRANITESHARES 2X SHORT TSLA DAILY ETF $39MN/AAug 21, 2023-0.34
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $14M0.96%Aug 8, 2022-0.34