Skip to main content

Want a detailed portfolio tracker?

67 Stocks and 33 ETFs for diversifying Ardmore Shipping (ASC)

The least correlated asset to Ardmore Shipping (ASC) is ETF SHPU (DIREXION DAILY SHOP BULL 2X ETF). The correlation is -0.7714.

Stocks that lowly correlated with ASC

SymbolName
Market cap
SectorIndustry
Correlation
GRANGrande Group Ltd - Class A$35MFinancial ServicesCapital Markets-0.72
OTFBlue Owl Technology Finance Corp$4.79BFinancial ServicesAsset Management-0.69
TWFGTWFG Inc - Class A$380MFinancial ServicesInsurance Brokers-0.67
CHYMChime Financial Inc - Class A$8.43BTechnologySoftware - Application-0.63
THHTryHard Holdings Ltd$12MIndustrialsSpecialty Business Services-0.63
WTGWintergreen Acquisition Corp$58MFinancial ServicesShell Companies-0.62
GTERRGloba Terra Acquisition Corporation Rights$407KN/AN/A-0.61
ZSPCZspace Inc$2.96MTechnologyComputer Hardware-0.57
CHAChagee Holdings Ltd$1.84BConsumer CyclicalRestaurants-0.56
BEAGRBold Eagle Acquisition Corp Right$1.50MN/AN/A-0.56
AZIAutozi Internet Technology (Global) Ltd - Class A$9.05MConsumer CyclicalAuto & Truck Dealerships-0.54
CAICaris Life Sciences Inc - Class A$4.94BHealthcareBiotechnology-0.54
PLBLPolibeli Group Ltd$2.84BConsumer CyclicalDepartment Stores-0.54
EHGOEshallgo Inc - Class A$3.67MIndustrialsBusiness Equipment & Supplies-0.52
NIQNIQ Global Intelligence plc$3.24BN/AN/A-0.50
CUPRCuprina Holdings (Cayman) Ltd - Class A$11MHealthcareMedical Instruments & Supplies-0.49
HPAIHelport AI Ltd$21MTechnologySoftware - Infrastructure-0.49
MDCXMDCorp$14MHealthcareDrug Manufacturers - General-0.48
DGNXDiginex Ltd$28MIndustrialsConsulting Services-0.48
CCIICohen Circle Acquisition Corp II - Class A$269MFinancial ServicesShell Companies-0.48
SIShoulder Innovations Inc$452MN/AN/A-0.47
WAYWaystar Holding Corp$4.35BHealthcareHealth Information Services-0.45
ASPCA SPAC III Acquisition Corp - Class A$17MFinancial ServicesShell Companies-0.45
LCCCRLakeshore Acquisition III Corp$349KN/AN/A-0.44
CVCapsoVision Inc$315MHealthcareMedical Devices-0.44
ETSElite Express Holding Inc - Class A$13MIndustrialsTrucking-0.44
PGACPantages Capital Acquisition Corp Cl A Ord Shs$118MFinancial ServicesShell Companies-0.44
IQSTiQSTEL Inc$4.55MCommunication ServicesTelecom Services-0.43
TTANServiceTitan Inc - Class A$7.44BTechnologySoftware - Application-0.43
PRDSPardes Biosciences Inc$129MN/AN/A-0.43
BACQBleichroeder Acquisition Corp I - Class A$545MFinancial ServicesShell Companies-0.42
MITPAG Mortgage Investment Trust Inc$800MN/AN/A-0.42
ARAIArrive AI Inc$15MTechnologyScientific & Technical Instruments-0.42
BMHLBluemount Holdings Ltd$146MFinancial ServicesCapital Markets-0.41
SKWDSkyward Specialty Insurance Group Inc$2.53BFinancial ServicesInsurance - Property & Casualty-0.40
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.40
JEM707 Cayman Holdings Ltd$3.49MConsumer CyclicalApparel Retail-0.40
MAGHMagnitude International Ltd$230MIndustrialsEngineering & Construction-0.39
BEAGBold Eagle Acquisition Corp$276MFinancial ServicesShell Companies-0.38
DXYZDestiny Tech100 Inc$629MFinancial ServicesAsset Management-0.38
TPETTrio Petroleum Corp$13MEnergyOil & Gas E&p-0.38
UMACUnusual Machines Inc$885MTechnologyComputer Hardware-0.38
LWACWLightWave Acquisition Corp - Warrants (06/06/2030)$178MN/AN/A-0.38
RYMAgrify Corp$50MConsumer DefensiveTobacco-0.37
BYAHPark Ha Biological Technology Co Ltd$917KConsumer DefensiveHousehold & Personal Products-0.37
BGMQilian International Holding Group Ltd - Class A$7.45MHealthcareDrug Manufacturers - Specialty & Generic-0.37
ACHR-WSArcher Aviation Inc Wt$41MN/AN/A-0.37
IBGInnovation Beverage Group Ltd$1.60MConsumer DefensiveBeverages - Wineries & Distilleries-0.37
NAACUNorth Atlantic Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$482MN/AN/A-0.37
BOWBowhead Specialty Holdings Inc$982MFinancial ServicesInsurance - Property & Casualty-0.36
AACTAres Acquisition Corporation II - Class A$588MFinancial ServicesShell Companies-0.36
AIMAIM ImmunoTech Inc.$12MHealthcareBiotechnology-0.36
CRECre8 Enterprise Ltd Class A$6.60MIndustrialsSpecialty Business Services-0.35
IZMIczoom Group Inc - Class A$3.60MTechnologyElectronics & Computer Distribution-0.35
GIGGigCapital7 Corp - Class A$353MFinancial ServicesShell Companies-0.35
SCMASeaport Calibre Materials Acquisition Corp - Class A$169MN/AN/A-0.34
DASHDoorDash Inc - Class A$83BConsumer CyclicalInternet Retail-0.34
VINON/A$1.32MReal EstateReal Estate - Diversified-0.34
CCCXChurchill Capital Corp X - Class A$570MFinancial ServicesShell Companies-0.34
RTACURenatus Tactical Acquisition Corp I - Units (1 Ord Cls A & 1/2 War)$77MFinancial ServicesShell Companies-0.34
FIGXUFIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$35MFinancial ServicesShell Companies-0.34
RTACRenatus Tactical Acquisition Corp I - Class A$326MFinancial ServicesShell Companies-0.34
FIGFigma Inc - Class A$12BTechnologySoftware - Application-0.34
KYIVKyivstar Group Ltd$3.48BCommunication ServicesTelecom Services-0.34
LHAILinkhome Holdings Inc$19MReal EstateReal Estate Services-0.33
CCIXWChurchill Capital Corp IX - Warrants (04/12/2029)$17MN/AN/A-0.33
RALRALSTON PURINA CO$7.56BTechnologyElectronic Components-0.33

ETFs that lowly correlated with ASC

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SHPUDIREXION DAILY SHOP BULL 2X ETF $15MN/AAug 5, 2025-0.77
HOOWROUNDHILL HOOD WEEKLYPAY ETF $146MN/AJun 17, 2025-0.58
DVXFWEBs Defined Volatility XLF ETF$251K0.89%Jul 22, 2025-0.56
HOOYYIELDMAX(R) HOOD OPTION INCOME STRATEGY ETF $133M0.99%May 7, 2025-0.54
AALGLEVERAGE SHARES 2X LONG AAL DAILY ETF $5.30MN/AJul 10, 2025-0.50
PTIRGRANITESHARES 2X LONG PLTR DAILY ETF $297MN/ASep 4, 2024-0.50
DVXVWEBs Defined Volatility XLV ETF$480K0.89%Jul 22, 2025-0.49
SCOWPACER S&P SMALLCAP 600 QUALITY FCF ARISTOCRATS ETF $1.60M0.59%Aug 27, 2025-0.49
XLFISTATE STREET(R) FINANCIAL SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $5.80M0.35%Jul 29, 2025-0.48
TFNST. ROWE PRICE FINANCIALS ETF $14M0.44%Jun 11, 2025-0.48
UPSXTRADR 2X LONG UPST DAILY ETF $33MN/AJun 9, 2025-0.45
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, 2025-0.44
BFIXBUILD BOND INNOVATION ETF $12M0.45%Feb 9, 2022-0.43
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.42
OILDBank of Montreal$53MN/ANov 8, 2021-0.41
PLTYYieldMax PLTR Option Income Strategy ETF$317M1.07%Oct 7, 2024-0.41
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.41
RBLYYIELDMAX(R) RBLX OPTION INCOME STRATEGY ETF $2.40M0.99%Jul 28, 2025-0.41
BIGYYIELDMAX(R) TARGET 12(TM) BIG 50 OPTION INCOME ETF $47M1.09%Nov 20, 2024-0.40
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.39
RTXGLeverage Shares 2X Long RTX Daily ETF$4.50MN/AJun 5, 2025-0.39
CRMGLEVERAGE SHARES 2X LONG CRM DAILY ETF $49MN/AFeb 9, 2026-0.38
FGSIFT VEST GROWTH STRENGTH & TARGET INCOME ETF $3M0.85%Jun 25, 2025-0.38
RBPROSHARES RUSSELL 2000 DYNAMIC DAILY BUFFER ETF $1.20M0.58%Jun 24, 2025-0.38
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.38
BASVBROWN ADVISORY SUSTAINABLE VALUE ETF $408M0.71%Jun 13, 2025-0.38
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.37
DJTUT-REX 2X LONG DJT DAILY TARGET ETF $9.40MN/AMar 3, 2025-0.35
PYPGLEVERAGE SHARES 2X LONG PYPL DAILY ETF $17MN/AApr 3, 2025-0.35
BASGBROWN ADVISORY SUSTAINABLE GROWTH ETF $494M0.61%Jun 13, 2025-0.35
DKNXDEFIANCE DAILY TARGET 2X LONG DKNG ETF $5.40MN/AJul 30, 2025-0.35
MTRAINVESCO INTERNATIONAL GROWTH FOCUS ETF $148M0.54%Jun 11, 2025-0.34
ASTXTradr 2X Long ASTS Daily ETF$602MN/AJul 10, 2025-0.34