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30 Stocks and 70 ETFs for diversifying Ballard Power Systems (BLDP)

The least correlated asset to Ballard Power Systems (BLDP) is ETF IONZ (Defiance Daily Target 2x Short IONQ ETF). The correlation is -0.8461.

Stocks that lowly correlated with BLDP

SymbolName
Market cap
SectorIndustry
Correlation
GSRMBitcoin Depot Inc - Class A$54MN/AN/A-0.80
AMRZAmrize Ltd$29BBasic MaterialsBuilding Materials-0.77
JBSJBS N.V. - Class A$14BConsumer DefensivePackaged Foods-0.74
ASICAtegrity Specialty Holdings LLC$969MFinancial ServicesInsurance - Property & Casualty-0.62
WSBKWinchester Bancorp Inc$119MFinancial ServicesBanks - Regional-0.54
HPAIHelport AI Ltd$33MTechnologySoftware - Infrastructure-0.54
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.53
UCFICN Healthy Food Tech Group Corp$288MFinancial ServicesShell Companies-0.51
IROHIron Horse Acquisitions Corp$263MFinancial ServicesShell Companies-0.51
ZSPCZspace Inc$2.96MTechnologyComputer Hardware-0.48
JCAPJefferson Capital Inc$950MFinancial ServicesCredit Services-0.46
GIGGigCapital7 Corp - Class A$353MFinancial ServicesShell Companies-0.46
KNFKnife River Corp$4.44BBasic MaterialsBuilding Materials-0.44
KVUEKenvue Inc$34BConsumer DefensiveHousehold & Personal Products-0.43
GIWGigInternational1 Inc$137MFinancial ServicesShell Companies-0.41
CHYMChime Financial Inc - Class A$6.59BTechnologySoftware - Application-0.40
CNLCollective Mining Ltd.$1.40BBasic MaterialsGold-0.40
BAYARBayview Acquisition Corp$260KN/AN/A-0.39
UBXGU-BX Technology Ltd$37MTechnologySoftware - Infrastructure-0.39
INRInfinity Natural Resources Inc - Class A$239MEnergyOil & Gas E&p-0.39
HLNHaleon plc$42BHealthcareDrug Manufacturers - Specialty & Generic-0.38
FSHPRFlag Ship Acquisition Corp$232KN/AN/A-0.36
SCAGScage Future$38MIndustrialsFarm & Heavy Construction Machinery-0.36
PCLNPriceline.com Inc$906MN/AN/A-0.35
FORLFour Leaf Acquisition Corporation Class A Common Stock$47MN/AN/A-0.34
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.34
YYGHYY Group Holding Ltd - Class A$12MConsumer CyclicalPersonal Services-0.33
NBBKNB Bancorp Inc$898MFinancial ServicesBanks - Regional-0.33
LBLandbridge Company LLC. - Class A$5.70BEnergyOil & Gas Equipment & Services-0.32
POLEUAndretti Acquisition Corp II - Units (1 Ord Class A & 1/2 War)$223MFinancial ServicesShell Companies-0.32

ETFs that lowly correlated with BLDP

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.85
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $21M1.03%Feb 11, 2025-0.84
PALDDirexion Daily PANW Bear 1X Shares$2.40M1.02%Feb 10, 2025-0.83
QCMDDirexion Daily QCOM Bear 1X ETF$2M1.00%Jun 24, 2025-0.70
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.20MN/AMay 15, 2024-0.66
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $4.80MN/AMar 31, 2025-0.63
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $14M1.11%Aug 14, 2024-0.63
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.58
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.57
MSDDGRANITESHARES 2X SHORT MSTR DAILY ETF $1MN/AJun 9, 2025-0.56
WNTRYieldMax Short MSTR Option Income Strategy ETF$72M1.00%Mar 26, 2025-0.55
AVSDIREXION DAILY AVGO BEAR 1X SHARES $6.90M1.03%Oct 9, 2024-0.55
GGLSDIREXION DAILY GOOGL BEAR 1X SHARES $17M1.02%Sep 6, 2022-0.52
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.52
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.51
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.50
CONIGRANITESHARES 2X SHORT COIN DAILY ETF $17MN/ASep 4, 2024-0.50
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.48
XOMXDirexion Daily XOM Bull 2X Shares$7.90MN/AApr 22, 2025-0.48
ORRMILITIA LONG/SHORT EQUITY ETF $387M10.91%Jan 14, 2025-0.48
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $23M0.50%Mar 6, 2024-0.48
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.47
FNGDBank of Montreal$68MN/AJan 22, 2018-0.47
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.46
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.45
SHRTGOTHAM SHORT STRATEGIES ETF $17M1.35%Jul 31, 2017-0.45
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.45
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.44
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $39M1.05%Jul 9, 2024-0.44
CCSBCARBON COLLECTIVE SHORT DURATION GREEN BOND ETF $26M0.51%Apr 11, 2024-0.43
GLDWROUNDHILL GOLD WEEKLYPAY ETF $25MN/AOct 29, 2025-0.43
RTXGLeverage Shares 2X Long RTX Daily ETF$4MN/AJun 5, 2025-0.43
ETHDProShares UltraShort Ether ETF$84MN/AJun 6, 2024-0.42
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.41
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.41
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.41
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.40
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.40
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $16M0.96%Aug 8, 2022-0.39
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $9.80M1.05%Jul 23, 2024-0.39
CSCSDirexion Daily CSCO Bear 1X ETF$1.80M1.00%Jun 24, 2025-0.39
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.39
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.38
TSLQTradr 2X Short TSLA Daily ETF$159MN/AJul 13, 2022-0.38
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.38
QIDPROSHARES ULTRASHORT QQQ $279MN/AJul 11, 2006-0.38
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.38
BRKUDIREXION DAILY BRKB BULL 2X SHARES $58MN/ADec 10, 2024-0.38
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $17M1.02%Sep 6, 2022-0.37
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.37
DIVNHORIZON DIVIDEND INCOME ETF $147M0.70%Jun 25, 2025-0.37
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.36
WZRDOpportunistic Trader ETF$3.90M1.00%Jun 24, 2025-0.36
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.36
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.36
FPASFPA SHORT DURATION GOVERNMENT ETF $6.90M0.10%Oct 31, 2024-0.35
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.35
TNGYTORTOISE ENERGY ETF $600M0.85%Dec 27, 2010-0.35
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.35
BTCZT-REX 2X INVERSE BITCOIN DAILY TARGET ETF $26MN/AJul 9, 2024-0.35
ZSLProShares UltraShort Silver -2x Shares$145MN/ADec 1, 2008-0.34
MSFDDIREXION DAILY MSFT BEAR 1X SHARES $42M1.02%Sep 6, 2022-0.34
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.33
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.33
SETHProShares Short Ether ETF$16M0.95%Nov 1, 2023-0.33
SBITProShares UltraShort Bitcoin ETF$183MN/AApr 1, 2024-0.33
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.33
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.32
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.32
BUXXSTRIVE ENHANCED INCOME SHORT MATURITY ETF $471M0.26%Aug 9, 2023-0.32