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59 Stocks and 41 ETFs for diversifying American Outdoor Brands (AOUT)

The least correlated asset to American Outdoor Brands (AOUT) is ETF JHDG (JOHN HANCOCK HEDGED EQUITY ETF). The correlation is -0.9407.

Stocks that lowly correlated with AOUT

SymbolName
Market cap
SectorIndustry
Correlation
APUSApimeds Pharmaceuticals US Inc$8.51MHealthcareDrug Manufacturers - Specialty & Generic-0.68
TMUSLTMobile US Inc 6.250 Senior Notes due 2069$27BN/AN/A-0.66
ZBAOZhibao Technology Inc$9.18MFinancial ServicesInsurance Brokers-0.59
VNMEWVendome Acquisition Corporation I Warrant$2.70MN/AN/A-0.59
UYSCRUY Scuti Acquisition Corp$191KN/AN/A-0.56
SSEAUStarry Sea Acquisition Corp - Units (1 Ord Shs & 1/6 Rts)$19MFinancial ServicesShell Companies-0.56
TMUSZTMobile US Inc 5.500 Senior Notes due March 2070$24BN/AN/A-0.54
CHACUCrane Harbor Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$72MFinancial ServicesShell Companies-0.52
NUTRNusatrip Inc$174MConsumer CyclicalTravel Services-0.52
EFTYEtoiles Capital Group Co Ltd - Class A$287MIndustrialsConsulting Services-0.51
TVAIRThayer Ventures Acquisition Corporation II Rights$166KN/AN/A-0.51
OFSSOOFS Capital Corp$341MN/AN/A-0.50
SDHIRSiddhi Acquisition Corp$1.13MN/AN/A-0.49
INACRIndigo Acquisition Corp Right$448KN/AN/A-0.49
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.49
RUBIRubico Inc$91MIndustrialsMarine Shipping-0.48
FGMCFG Merger II Corp$83MFinancial ServicesShell Companies-0.48
AMIXAutonomix Medical Inc$2.79MHealthcareMedical Devices-0.48
TAVITavia Acquisition Corp$122MFinancial ServicesShell Companies-0.47
AFJKRAimei Health Technology Co Ltd$236KN/AN/A-0.46
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.45
SVIISpring Valley Acquisition Corp II - Class A$28MFinancial ServicesShell Companies-0.45
RFAIRF Acquisition Corp II$116MFinancial ServicesShell Companies-0.45
TRILTrillium Therapeutics Inc$2.05BN/AN/A-0.44
NMPAUNMP Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$35MFinancial ServicesShell Companies-0.44
CGCTCartesian Growth Corporation III Class A Ordinary Shares$283MFinancial ServicesShell Companies-0.43
FIGXFIGX Capital Acquisition Corp - Class A$159MFinancial ServicesShell Companies-0.43
ZBIOZenas Biopharma Inc$1.83BHealthcareBiotechnology-0.42
FLACFrazier Lifesciences Acquisition Corp - Class A$175MN/AN/A-0.42
VNMEVendome Acquisition Corporation I$254MFinancial ServicesShell Companies-0.42
FACTUFACT II Acquisition Corp - Units (1 Ord Class A & 1/2 War)$56MFinancial ServicesShell Companies-0.42
RCTRedCloud Holdings PLC$14MTechnologySoftware - Application-0.41
BEPCBrookfield Renewable Corporation (Exchangeable Shares) - Class A$6.37BUtilitiesUtilities - Renewable-0.40
KKRTKKR & Co. Inc$22BN/AN/A-0.40
TVAIUThayer Ventures Acquisition Corp II - Units (1 Ord Cls A & 1 Rts)$9.15MFinancial ServicesShell Companies-0.39
INACUIndigo Acquisition Corp - Units (1 Ord Shs & 1 Rts)$34MFinancial ServicesShell Companies-0.39
GLEGlobal Engine Group Holding Ltd$6.90MTechnologyInformation Technology Services-0.39
INBXInhibrx Biosciences Inc$1.33BHealthcareBiotechnology-0.38
HCWCHealthy Choice Wellness Corp - Class A$4.94MConsumer DefensivePackaged Foods-0.38
SUGPSU Group Holdings Ltd - Class A$5.51MIndustrialsSecurity & Protection Services-0.38
PSIGPS International Group Ltd$21MIndustrialsIntegrated Freight & Logistics-0.38
MAMKMaxsMaking Inc - Class A$195MIndustrialsConglomerates-0.36
HMCOHumanCo Acquisition Corp - Class A$387MN/AN/A-0.36
MBMasterbeef Group$69MConsumer CyclicalRestaurants-0.36
BCARBank of the Carolinas CORP$303MFinancial ServicesShell Companies-0.36
FGMCUFG Merger II Corp - Units (1 Ord & 1/2 War)$91MFinancial ServicesShell Companies-0.35
ANTAAntalpha Platform Holding Company$95MFinancial ServicesCredit Services-0.35
AIFUAIFU Inc - Class A$360MFinancial ServicesInsurance Brokers-0.35
UYSCUUY Scuti Acquisition Corp - Units (1 Ord Shs & 1 Rts)$56MFinancial ServicesShell Companies-0.35
EPOWE-Power Inc - Class A$19MIndustrialsElectrical Equipment & Parts-0.35
ORIQUOrigin Investment Corp I - Units (1 Ord Cls & 1/2 War)$22MFinancial ServicesShell Companies-0.35
DGNXDiginex Ltd$28MIndustrialsConsulting Services-0.34
SUPXSuper X AI Technology Ltd$228MTechnologySoftware - Infrastructure-0.34
SDHIUSiddhi Acquisition Corp - Units (1 Ord class A & 1/10 Rts)$73MFinancial ServicesShell Companies-0.34
TVACWTexas Ventures Acquisition III Corp - Warrants (23/04/2030)$153MN/AN/A-0.34
GLXYGalaxy Digital$5.92BFinancial ServicesCapital Markets-0.34
SZZLSizzle Acquisition Corp II - Class A$245MFinancial ServicesShell Companies-0.33
ASPSAltisource Portfolio Solutions S.A.$76MReal EstateReal Estate Services-0.33
BMNRBitMine Immersion Technologies Inc$9.16BFinancial ServicesCapital Markets-0.33

ETFs that lowly correlated with AOUT

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
JHDGJOHN HANCOCK HEDGED EQUITY ETF $90M0.49%Apr 7, 2026-0.94
EMEMSOPHUS CAPITAL EMERGING MARKET ETF $61M0.65%May 19, 2026-0.93
WZRDOpportunistic Trader ETF$976K1.00%Jun 24, 2025-0.74
EFFEHARBOR OSMOSIS EMERGING MARKETS RESOURCE EFFICIENT ETF $140M0.69%Dec 18, 2024-0.53
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.53
RGTUTRADR 2X LONG RGTI DAILY ETF $14MN/AJun 23, 2025-0.51
TLTXGLOBAL X TREASURY BOND ENHANCED INCOME ETF $14M0.29%Jul 15, 2025-0.51
OKLLDefiance Daily Target 2x Long OKLO ETF$208MN/AJun 23, 2025-0.46
LDDRStone Ridge 2035 Term Income ETF$42M0.25%Jan 3, 2025-0.46
TJUNFT VEST EMERGING MARKETS BUFFER ETF - JUNE $7M0.95%Jun 18, 2025-0.44
QQWZPACER CASH COWZ 100-NASDAQ 100 ROTATOR ETF $39M0.49%May 6, 2025-0.43
NVYYGraniteShares YieldBOOST NVDA ETF$39M1.15%May 12, 2025-0.42
LDRIISHARES IBONDS 1-5 YEAR TIPS LADDER ETF $27M0.10%Nov 7, 2024-0.42
NODEONCHAIN ECONOMY ETF $73M0.67%May 13, 2025-0.42
RGTXDEFIANCE DAILY TARGET 2X LONG RGTI ETF $92MN/AMar 31, 2025-0.42
FPASFPA SHORT DURATION GOVERNMENT ETF $9.90M0.10%Oct 31, 2024-0.41
QPUXDefiance 2X Daily Long Pure Quantum ETF$53MN/AAug 6, 2025-0.41
NVIIREX NVDA GROWTH & INCOME ETF $104MN/AMay 27, 2025-0.40
SOUXDEFIANCE DAILY TARGET 2X LONG SOUN ETF $12MN/AJun 23, 2025-0.39
BESFBASTION ENERGY ETF $33M0.80%Jun 3, 2025-0.39
QQHGInvesco QQQ Hedged Advantage ETF$13M0.45%May 5, 2025-0.39
TIPCNORTHERN TRUST 2045 INFLATION-LINKED DISTRIBUTING LADDER ETF $3M0.10%Aug 18, 2025-0.39
MUNDNORTHERN TRUST 2055 TAX-EXEMPT DISTRIBUTING LADDER ETF $4.20M0.18%Aug 18, 2025-0.39
TCAITORTOISE AI INFRASTRUCTURE ETF $278M0.65%Aug 4, 2025-0.39
BAIGLEVERAGE SHARES 2X LONG BBAI DAILY ETF $14MN/AAug 20, 2025-0.38
EDGF3EDGE DYNAMIC FIXED INCOME ETF $479M0.79%Oct 2, 2024-0.37
FCBDFRONTIER ASSET CORE BOND ETF $40M0.84%Dec 19, 2024-0.37
SMBSSCHWAB MORTGAGE-BACKED SECURITIES ETF $6.50B0.03%Nov 18, 2024-0.36
TSIIREX TSLA GROWTH & INCOME ETF $41MN/AJun 3, 2025-0.36
PANGLEVERAGE SHARES 2X LONG PANW DAILY ETF $8.90MN/AMar 20, 2025-0.36
NVDWROUNDHILL NVDA WEEKLYPAY ETF $110MN/AFeb 18, 2025-0.36
AFIXALLSPRING BROAD MARKET CORE BOND ETF $218M0.20%Dec 4, 2024-0.35
TLTPAMPLIFY TLT U.S. TREASURY 12% OPTION INCOME ETF $22M0.39%Oct 28, 2024-0.35
GLGGLEVERAGE SHARES 2X LONG GLXY DAILY ETF $2.80MN/AAug 20, 2025-0.35
DRGNTHEMES CHINA GENERATIVE ARTIFICIAL INTELLIGENCE ETF $27M0.39%Jul 14, 2025-0.35
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $16M1.05%May 1, 2024-0.34
SGRTSMART EARNINGS GROWTH 30 ETF $63M0.59%Aug 19, 2025-0.34
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.34
RBILF/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF $139M0.17%Feb 24, 2025-0.33
BLOXNICHOLAS CRYPTO INCOME ETF $312M0.99%Jun 16, 2025-0.33
ONGLeverage Shares 2X Long ON Daily ETF$1.90MN/AJun 1, 2026-0.33