25 Stocks and 75 ETFs for diversifying American Axle & Manufacturing (AXL)
The least correlated asset to American Axle & Manufacturing (AXL) is ETF DWSH (ADVISORSHARES DORSEY WRIGHT SHORT ETF). The correlation is -0.7016.
Stocks that lowly correlated with AXL
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| CRCL | Circle Internet Group Inc - Class A | $16B | Financial Services | Capital Markets | -0.66 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.65 |
| STRZ | Starz Entertainment Corp | $468M | Communication Services | Entertainment | -0.55 |
| CTW | CTW Cayman - Class A | $147M | Communication Services | Electronic Gaming & Multimedia | -0.54 |
| SLDE | Slide Insurance Holdings Inc | $2.32B | Financial Services | Insurance - Property & Casualty | -0.54 |
| SAFX | XCF Global Inc | $145M | Utilities | Utilities - Renewable | -0.53 |
| FIG | Figma Inc - Class A | $12B | Technology | Software - Application | -0.48 |
| CDTG | CDT Environmental Technology Investment Holdings Ltd | $3.77M | Industrials | Waste Management | -0.48 |
| BMGL | Basel Medical Group Ltd | $9.61M | Healthcare | Medical Care Facilities | -0.48 |
| APADR | Enhanced Group Inc | $6.67M | N/A | N/A | -0.48 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.47 |
| QSEA | Quartzsea Acquisition Corp | $87M | Financial Services | Shell Companies | -0.45 |
| EQV | EQV Ventures Acquisition Corp. | $466M | Financial Services | Shell Companies | -0.45 |
| CRE | Cre8 Enterprise Ltd Class A | $6.60M | Industrials | Specialty Business Services | -0.45 |
| DFSC | DEFSEC Technologies Inc Com | $3.99M | Industrials | Aerospace & Defense | -0.44 |
| MCTR | CTRL Group Ltd | $15M | Communication Services | Advertising Agencies | -0.43 |
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $18M | Financial Services | Shell Companies | -0.43 |
| TLX | Telix Pharmaceuticals Ltd | $3.82B | Healthcare | Biotechnology | -0.42 |
| ANNA | AleAnna Inc - Class A | $131M | Energy | Oil & Gas E&p | -0.42 |
| BLSH | Bullish | $3.80B | Technology | Software - Infrastructure | -0.42 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.41 |
| RIBBU | Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $56M | Financial Services | Shell Companies | -0.39 |
| VCXA | 10X Capital Venture Acquisition Corp II - Class A | $86M | N/A | N/A | -0.39 |
| PGAC | Pantages Capital Acquisition Corp Cl A Ord Shs | $118M | Financial Services | Shell Companies | -0.38 |
| TRON | Corner Growth Acquisition Corp 2 - Class A | $700M | Consumer Cyclical | Leisure | -0.38 |