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39 Stocks and 61 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 -0.8328.

Stocks that lowly correlated with BLDP

SymbolName
Market cap
SectorIndustry
Correlation
ASICAtegrity Specialty Holdings LLC$1.08BFinancial ServicesInsurance - Property & Casualty-0.71
AVBCAvidia Bancorp Inc$407MFinancial ServicesBanks - Regional-0.64
GSRMBitcoin Depot Inc - Class A$54MN/AN/A-0.61
DLXYDelixy Holdings Ltd$7.64MEnergyOil & Gas Refining & Marketing-0.59
PLBLPolibeli Group Ltd$2.84BConsumer CyclicalDepartment Stores-0.58
AMRZAmrize Ltd$28BBasic MaterialsBuilding Materials-0.55
JBSJBS N.V. - Class A$13BConsumer DefensivePackaged Foods-0.53
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.53
APADEnhanced Group Inc - Class A$161MFinancial ServicesShell Companies-0.52
LSBKLake Shore Bancorp Inc$134MFinancial ServicesBanks - Regional-0.52
CHYMChime Financial Inc - Class A$8.43BTechnologySoftware - Application-0.51
GIGGigCapital7 Corp - Class A$353MFinancial ServicesShell Companies-0.50
JCAPJefferson Capital Inc$1.06BFinancial ServicesCredit Services-0.50
UCFICN Healthy Food Tech Group Corp$288MConsumer DefensivePackaged Foods-0.48
IROHIron Horse Acquisitions Corp$263MFinancial ServicesShell Companies-0.48
GIBOGIBO Holdings Ltd$106MCommunication ServicesInternet Content & Information-0.47
FVNNRFuture Vision II Acquisition Corporation Right$341KN/AN/A-0.47
ZSPCZspace Inc$2.96MTechnologyComputer Hardware-0.46
SIShoulder Innovations Inc$452MN/AN/A-0.45
KVUEKenvue Inc$36BConsumer DefensiveHousehold & Personal Products-0.44
WSBKWinchester Bancorp Inc$121MFinancial ServicesBanks - Regional-0.43
NIQNIQ Global Intelligence plc$3.24BN/AN/A-0.42
KNFKnife River Corp$4.67BBasic MaterialsBuilding Materials-0.41
ETSElite Express Holding Inc - Class A$13MIndustrialsTrucking-0.41
GLIBKGCI Liberty Inc$877MCommunication ServicesTelecom Services-0.40
HLNHaleon plc$44BHealthcareDrug Manufacturers - Specialty & Generic-0.40
HPAIHelport AI Ltd$21MTechnologySoftware - Infrastructure-0.40
GIWGigInternational1 Inc$138MFinancial ServicesShell Companies-0.39
PGACPantages Capital Acquisition Corp Cl A Ord Shs$118MFinancial ServicesShell Companies-0.38
LBGJLi Bang International Corp Inc$189KIndustrialsSpecialty Industrial Machinery-0.38
UBXGU-BX Technology Ltd$6.42MCommunication ServicesAdvertising Agencies-0.37
TFIN-PTriumph Financial Inc Depositary Shares Series C$531MFinancial ServicesBanks - Regional-0.36
PCLNPriceline.com Inc$906MN/AN/A-0.34
LPBBULaunch Two Acquisition Corp - Units (1 Ord Class A & 1/2 War)$250MFinancial ServicesShell Companies-0.33
NBBKNB Bancorp Inc$947MFinancial ServicesBanks - Regional-0.33
AMCIAMC Robotics Corp$125MTechnologyComputer Hardware-0.33
MAGHMagnitude International Ltd$230MIndustrialsEngineering & Construction-0.33
FORLFour Leaf Acquisition Corporation Class A Common Stock$47MN/AN/A-0.33
SKWDSkyward Specialty Insurance Group Inc$2.53BFinancial ServicesInsurance - Property & Casualty-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, 2025-0.83
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $16M1.03%Feb 11, 2025-0.76
QCMDDirexion Daily QCOM Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.73
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.66
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.64
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $13MN/AMar 31, 2025-0.60
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.56
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.56
WNTRYieldMax Short MSTR Option Income Strategy ETF$81M1.00%Mar 26, 2025-0.54
RTXGLeverage Shares 2X Long RTX Daily ETF$4.50MN/AJun 5, 2025-0.53
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.52
TAXSNORTHERN TRUST SHORT-TERM TAX-EXEMPT BOND ETF $118M0.05%Aug 18, 2025-0.51
GGLSDirexion Daily GOOGL Bear 1X ETF$13M1.02%Sep 6, 2022-0.51
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.50
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.50
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.50
SHRTGOTHAM SHORT STRATEGIES ETF $14M1.35%Jul 31, 2017-0.47
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.46
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.46
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.45
AUSMAllspring Ultra Short Municipal ETF$31M0.18%Jul 7, 2025-0.45
CONIGRANITESHARES 2X SHORT COIN DAILY ETF $16MN/ASep 4, 2024-0.45
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.44
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.44
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.44
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.43
PALDDirexion Daily PANW Bear 1X Shares$1.80M1.02%Feb 10, 2025-0.42
CSCSDirexion Daily CSCO Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.42
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.41
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.41
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.41
ORRMILITIA LONG/SHORT EQUITY ETF $351M10.91%Jan 14, 2025-0.41
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $35M1.05%Jul 9, 2024-0.40
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.40
BRKUDIREXION DAILY BRKB BULL 2X SHARES $45MN/ADec 10, 2024-0.39
CCSBCARBON COLLECTIVE SHORT DURATION GREEN BOND ETF $26M0.51%Apr 11, 2024-0.38
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.37
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.37
GLDWROUNDHILL GOLD WEEKLYPAY ETF $17MN/AOct 29, 2025-0.37
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.37
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.37
TSLQTradr 2X Short TSLA Daily ETF$114MN/AJul 13, 2022-0.36
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.36
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.36
ETHDProShares UltraShort Ether ETF$86MN/AJun 6, 2024-0.36
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.36
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.35
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.35
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.35
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $10M1.02%Sep 6, 2022-0.35
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.35
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $14M0.96%Aug 8, 2022-0.34
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.34
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.33
MSFDDIREXION DAILY MSFT BEAR 1X SHARES $11M1.02%Sep 6, 2022-0.33
JABSJANUS HENDERSON ASSET-BACKED SECURITIES ETF $135M0.33%Jul 22, 2025-0.33
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.32
PAPIPARAMETRIC EQUITY PREMIUM INCOME ETF $400M0.29%Oct 16, 2023-0.32
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.32
LMTLDirexion Daily LMT Bull 2X ETF$8.40MN/AAug 5, 2025-0.32
OTGLOTG LATIN AMERICA ETF $28M0.95%May 7, 2019-0.32