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77 Stocks and 23 ETFs for diversifying Bluemount (BMHL)

The least correlated asset to Bluemount (BMHL) is ETF NTRL (First Trust Equity Market Neutral ETF). The correlation is -1.

Stocks that lowly correlated with BMHL

SymbolName
Market cap
SectorIndustry
Correlation
HONDHCM II Acquisition Corp. Class A Ordinary Shares$519MFinancial ServicesShell Companies-0.94
GRYPAkerna Corp$105MN/AN/A-0.92
ADCTAdc Therapeutics SA$163MHealthcareDrug Manufacturers - Specialty & Generic-0.92
TY-PTri-Continental Corp$2.48BN/AOther-0.90
MLACMountain Lake Acquisition Corp - Class A$43MN/AN/A-0.90
LEGTLegato Merger Corp. III$197MFinancial ServicesShell Companies-0.90
SUGPSU Group Holdings Ltd - Class A$5.51MIndustrialsSecurity & Protection Services-0.89
STRCMicrostrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock$29BTechnologySoftware - Application-0.88
ETNB89bio Inc$2.34BHealthcareBiotechnology-0.88
GMMGlobal Mofy AI Ltd - Class A$6.93MTechnologyInformation Technology Services-0.87
HIHillenbrand, Inc.$2.26BIndustrialsSpecialty Industrial Machinery-0.87
VRRMVerra Mobility Corp - Class A$651MTechnologyInformation Technology Services-0.86
ASPCRA SPAC III Acquisition Corp$196KN/AN/A-0.85
APADUA Paradise Acquisition Corp Unit$67MFinancial ServicesShell Companies-0.84
LPTXLeap Therapeutics Inc$85MHealthcareBiotechnology-0.83
CNFRConifer Holdings Inc$18BFinancial ServicesInsurance - Property & Casualty-0.83
EVGNEvogene Ltd$5.64MHealthcareBiotechnology-0.79
CLCOCool Company Ltd.$520MEnergyOil & Gas Midstream-0.78
FKWLFranklin Wireless Corp$28MTechnologyCommunication Equipment-0.78
GIGGigCapital7 Corp - Class A$353MFinancial ServicesShell Companies-0.77
AMPYAmplify Energy Corp$165MEnergyOil & Gas E&p-0.77
MDXHMDxHealth SA$22MHealthcareDiagnostics & Research-0.77
LIQTLiqTech International Inc$8.30MIndustrialsPollution & Treatment Controls-0.76
CIENCIENA Corp$59BTechnologyCommunication Equipment-0.76
RDACRRising Dragon Acquisition Corp$140KN/AN/A-0.76
SJTSan Juan Basin Royalty Trust$124MEnergyOil & Gas E&p-0.76
SRSpire Inc$4.74BUtilitiesUtilities - Regulated Gas-0.75
ATXSAstria Therapeutics Inc$710MHealthcareBiotechnology-0.75
OGSONE Gas Inc$4.90BUtilitiesUtilities - Regulated Gas-0.74
LICNLichen China Ltd - Class A$22MIndustrialsSpecialty Business Services-0.74
BACQRMerlin Inc$52MN/AN/A-0.74
FLDFold Holdings Inc - Class A$23MFinancial ServicesCapital Markets-0.74
HOUSAnywhere Real Estate Inc.$1.98BReal EstateReal Estate Services-0.74
ZCMDZhongchao Inc - Class A$1.58MHealthcareHealth Information Services-0.74
GDCGD Culture Group Ltd$8.41MCommunication ServicesElectronic Gaming & Multimedia-0.74
HAOHaoxi Health Technology Ltd - Class A$1.03MCommunication ServicesAdvertising Agencies-0.73
FDPDel Monte Corporation$1.36BConsumer DefensiveFarm Products-0.72
CDR-P-BCedar Realty Trust Inc$268MN/AOther-0.71
AXIAAxia Energia$22BUtilitiesUtilities - Renewable-0.71
SOHOOSotherly Hotels Inc$86MReal EstateReit - Hotel & Motel-0.71
PROPros Holdings Inc$1.12BTechnologySoftware - Application-0.70
NXTCNextcure Inc$24MHealthcareBiotechnology-0.70
ADAPAdaptimmune Therapeutics plc American Depositary Shares$87MHealthcareBiotechnology-0.70
NAOVNanoVibronix Inc$15MHealthcareMedical Devices-0.70
JZJianzhi Education Technology Group Co Ltd$24MTechnologyInformation Technology Services-0.70
CYBRCyberArk Software Ltd$20BTechnologySoftware - Infrastructure-0.70
VCICUVine Hill Capital Investment Corp - Units (1 Ord Class A & 1/2 War)$75MFinancial ServicesShell Companies-0.69
CDR-P-CCedar Realty Trust Inc$271MN/AOther-0.69
HTCOCaravelle International Group$20MIndustrialsMarine Shipping-0.69
FULCFulcrum Therapeutics Inc$237MHealthcareBiotechnology-0.69
SMXTSolarMax Technology Inc$20MTechnologySolar-0.68
ROLRollins Inc$21BConsumer CyclicalPersonal Services-0.68
ARMPArmata Pharmaceuticals Inc$146MHealthcareBiotechnology-0.68
AHL-P-DAspen Insurance Holdings Limited 5625 Perpetual NonCumulative Preference Shares$1.87BFinancial ServicesInsurance - Property & Casualty-0.68
UIUbiquiti Inc$33BTechnologyCommunication Equipment-0.68
FNFabrinet$17BTechnologyElectronic Components-0.68
EBRCentrais Eletricas Brasileiras S.A.$25BUtilitiesUtilities - Renewable-0.68
OCSOculis Holding AG$773MHealthcareBiotechnology-0.67
MRUSMerus N.V$6.83BHealthcareBiotechnology-0.67
FNGRFingerMotion Inc$22MCommunication ServicesTelecom Services-0.67
CMECME Group Inc - Class A$88BFinancial ServicesFinancial Data & Stock Exchanges-0.67
TMUSITMobile US Inc 5.500 Senior Notes due June 2070$23BN/AN/A-0.67
GTMZoomInfo Technologies Inc$912MTechnologySoftware - Application-0.67
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$18MFinancial ServicesShell Companies-0.66
PDDPDD Holdings Inc$122BConsumer CyclicalInternet Retail-0.66
IASIntegral Ad Science Holding Corp$1.73BCommunication ServicesAdvertising Agencies-0.66
NEUENeueHealth, Inc.$61MHealthcareHealthcare Plans-0.66
ELPCia Paranaense De Energia Copel$6.88BUtilitiesUtilities - Regulated Electric-0.66
BPBP plc$108BEnergyOil & Gas Integrated-0.66
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.66
BTMBitcoin Depot Inc$20MFinancial ServicesCapital Markets-0.65
DITAmcon Distributing Company$68MConsumer DefensiveFood Distribution-0.65
EQXEquinox Gold Corp$7.70BBasic MaterialsGold-0.65
MIGIMawson Infrastructure Group Inc$17MFinancial ServicesCapital Markets-0.65
EFXTEnerflex Ltd$2.91BEnergyOil & Gas Equipment & Services-0.65
TXNMPNM Resources Inc$6.32BUtilitiesUtilities - Regulated Electric-0.65
AHL-P-EAspen Insurance Hldgs$1.87BN/AN/A-0.65

ETFs that lowly correlated with BMHL

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
NTRLFirst Trust Equity Market Neutral ETF$19M0.95%Feb 4, 2020-1.00
XCOMUltra Communication Services Select Sector ETF$384KN/AJun 2, 2026-1.00
ONGLeverage Shares 2X Long ON Daily ETF$1.90MN/AJun 1, 2026-1.00
LIVRIntelligent Livermore ETF$18M0.69%Sep 17, 2024-0.99
LALTFIRST TRUST MULTI-STRATEGY ALTERNATIVE ETF $248M1.18%Jan 31, 2023-0.77
KGRNKRANESHARES MSCI CHINA CLEAN TECHNOLOGY INDEX ETF $53M0.79%Oct 12, 2017-0.77
EDGH3EDGE DYNAMIC HARD ASSETS ETF $152M1.01%Oct 2, 2024-0.71
GLDICredit Suisse AG Nassau Branch$165M0.65%Jan 29, 2013-0.70
PDDLGRANITESHARES 2X LONG PDD DAILY ETF $7.60MN/AJul 14, 2025-0.70
HIDEALPHA ARCHITECT HIGH INFLATION AND DEFLATION ETF $140M0.29%Nov 16, 2022-0.70
CHIQGLOBAL X MSCI CHINA CONSUMER DISCRETIONARY ETF $113M0.65%Nov 30, 2009-0.70
JUCYAPTUS ENHANCED YIELD ETF $251M0.60%Oct 31, 2022-0.69
HARDSIMPLIFY COMMODITIES STRATEGY NO K-1 ETF $82M0.78%Mar 27, 2023-0.69
GLDYDEFIANCE GOLD ENHANCED OPTIONS INCOME ETF $32M1.04%Apr 1, 2025-0.68
KARSKRANESHARES ELECTRIC VEHICLES AND FUTURE MOBILITY INDEX ETF $84M0.72%Jan 18, 2018-0.67
EWHISHARES MSCI HONG KONG ETF $1.10B0.50%Mar 12, 1996-0.67
LITGlobal X Lithium & Battery Tech ETF$1.80B0.75%Jul 22, 2010-0.67
CTASIMPLIFY MANAGED FUTURES STRATEGY ETF $1.50B0.75%Mar 7, 2022-0.66
WTIPWISDOMTREE INFLATION PLUS FUND $21M0.65%Jun 16, 2025-0.66
IVOLQUADRATIC INTEREST RATE VOLATILITY AND INFLATION HEDGE ETF $276M0.98%May 13, 2019-0.66
FMFFIRST TRUST MANAGED FUTURES STRATEGY FUND $272M0.98%Aug 1, 2013-0.66
IAUINEOS GOLD HIGH INCOME ETF $448M0.79%Jun 4, 2025-0.65
KPDDKRANESHARES 2X LONG PDD DAILY ETF $19MN/AMar 7, 2025-0.65