24 Stocks and 76 ETFs for diversifying Black Mountain Acquisition (BMAC)
The least correlated asset to Black Mountain Acquisition (BMAC) is ETF EVHY (EATON VANCE HIGH YIELD ETF). The correlation is -0.7104.
Stocks that lowly correlated with BMAC
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| SGD | Safe and Green Development Corp | $588K | N/A | N/A | -0.50 |
| ATGL | Alpha Technology Group Ltd | $238M | Technology | Software - Infrastructure | -0.46 |
| JCICU | Jack Creek Investment Corp - Units (1 Ord Share Class A & 1/2 War) | $432M | N/A | N/A | -0.45 |
| MRT | MedEquities Realty Trust Inc | $146M | Technology | Software - Application | -0.44 |
| EICB | Eagle Point Income Company Inc. 7.75% Series B Term Preferred Stock Due 2028 | $626M | Financial Services | Asset Management | -0.42 |
| THTX | Theratechnologies Inc | $167M | Healthcare | Biotechnology | -0.41 |
| SN | SharkNinja Inc | $17B | Consumer Cyclical | Furnishings, Fixtures & Appliances | -0.40 |
| AROW | Arrow Financial Corp | $628M | Financial Services | Banks - Regional | -0.39 |
| ANSC | Agriculture & Natural Solutions Acquisition Corp - Class A | $375M | Financial Services | Shell Companies | -0.39 |
| MSS | Maison Solutions Inc - Class A | $2.43M | Consumer Defensive | Grocery Stores | -0.37 |
| FSEA | First Seacoast Bancorp Inc | $79M | Financial Services | Banks - Regional | -0.36 |
| UGI | UGI Corp | $7.56B | Utilities | Utilities - Regulated Gas | -0.36 |
| PMEC | Primech Holdings Ltd | $27M | Industrials | Specialty Business Services | -0.35 |
| PMTU | Pennymac Mortgage Investment Trust | $2.23B | N/A | N/A | -0.34 |
| RNERU | Mount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt) | $125M | N/A | N/A | -0.34 |
| THG | Hanover Insurance Group Inc | $6.75B | Financial Services | Insurance - Property & Casualty | -0.33 |
| NTBL | Notable Labs Inc Ord | $2.39M | Healthcare | Biotechnology | -0.33 |
| CNFRZ | Conifer Holdings Inc | $226M | N/A | N/A | -0.33 |
| MYO | Myomo Inc | $39M | Healthcare | Medical Devices | -0.33 |
| SHBI | Shore Bancshares Inc | $682M | Financial Services | Banks - Regional | -0.32 |
| BTI | British American Tobacco Plc | $140B | Consumer Defensive | Tobacco | -0.32 |
| IROQ | IF Bancorp Inc | $89M | Financial Services | Banks - Regional | -0.31 |
| GNL-P-D | Global Net Lease Inc | $5.03B | N/A | N/A | -0.31 |
| GRND | Grindr Inc - Class A | $2.26B | Technology | Software - Application | -0.31 |