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54 Stocks and 46 ETFs for diversifying Caleres (CAL)

The least correlated asset to Caleres (CAL) is company Launch One Acquisition Corp - Units (1 Ord & 1/2 War) (LPAAU). The correlation is -0.6622.

Stocks that lowly correlated with CAL

SymbolName
Market cap
SectorIndustry
Correlation
LPAAULaunch One Acquisition Corp - Units (1 Ord Class A & 1/2 War)$251MFinancial ServicesShell Companies-0.66
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.66
VNMEUVendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War)$52MFinancial ServicesShell Companies-0.62
INACRIndigo Acquisition Corp Right$448KN/AN/A-0.60
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.59
LWACLightWave Acquisition Corp - Class A$221MFinancial ServicesShell Companies-0.59
OFSSOOFS Capital Corp$341MN/AN/A-0.57
DAAQUDigital Asset Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$55MFinancial ServicesShell Companies-0.55
SZZLUSizzle Acquisition Corp II - Units (1 Ord Cls A & 1 Rts)$70MFinancial ServicesShell Companies-0.55
CHACUCrane Harbor Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$72MFinancial ServicesShell Companies-0.55
FIGXFIGX Capital Acquisition Corp - Class A$159MFinancial ServicesShell Companies-0.53
INACIndigo Acquisition Corp$118MFinancial ServicesShell Companies-0.52
CCIIWCohen Circle Acquisition Corp II - Warrants(01/07/2030)$3.81MN/AN/A-0.52
TVAIRThayer Ventures Acquisition Corporation II Rights$166KN/AN/A-0.48
TACHUTitan Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$691MFinancial ServicesShell Companies-0.48
GTERUGloba Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts)$53MFinancial ServicesShell Companies-0.47
FBLGFibroBiologics Inc$3.18MHealthcareBiotechnology-0.46
BGMQilian International Holding Group Ltd - Class A$7.45MHealthcareDrug Manufacturers - Specialty & Generic-0.46
NPACUNew Providence Acquisition Corp III - Units (1 Ord Share Class A & 1/3 War)$68MFinancial ServicesShell Companies-0.46
VCICUVine Hill Capital Investment Corp - Units (1 Ord Class A & 1/2 War)$75MFinancial ServicesShell Companies-0.46
SPEGUSilver Pegasus Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$35MFinancial ServicesShell Companies-0.46
KCHVKochav Defense Acquisition Corp - Class A$263MFinancial ServicesShell Companies-0.45
VNMEWVendome Acquisition Corporation I Warrant$2.70MN/AN/A-0.45
TACHTitan Acquisition Corp - Class A$288MFinancial ServicesShell Companies-0.45
RYOJrYojbaba Co. Ltd$51MIndustrialsConsulting Services-0.44
BACQUMerlin Inc - Units (1Ord Class A & 1 Rights)$781MFinancial ServicesShell Companies-0.44
KWMK Wave Media Ltd$7.63MCommunication ServicesEntertainment-0.44
RDAGURepublic Digital Acquisition Co. - Units (1 Ord Cls A & 1/2 War)$42MFinancial ServicesShell Companies-0.44
SDHIUSiddhi Acquisition Corp - Units (1 Ord class A & 1/10 Rts)$73MFinancial ServicesShell Companies-0.43
FERAFifth Era Acquisition Corp I - Class A$246MFinancial ServicesShell Companies-0.43
AIIAmerican Integrity Insurance Group Inc$358MFinancial ServicesInsurance - Property & Casualty-0.42
INACUIndigo Acquisition Corp - Units (1 Ord Shs & 1 Rts)$34MFinancial ServicesShell Companies-0.42
LZMHLZ Technology Holdings Ltd - Class B$9.02MTechnologyInformation Technology Services-0.42
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.42
HCMAUHCM III Acquisition Corp - Units (1 Ord Cls A & 1 War)$77MFinancial ServicesShell Companies-0.41
TAVIRTavia Acquisition Corp$530KN/AN/A-0.41
GSHRGesher Acquisition Corp II - Class A$157MFinancial ServicesShell Companies-0.41
LOKVLive Oak Acquisition Corp V - Class A$265MFinancial ServicesShell Companies-0.40
PHOEPhoenix Asia Holdings Ltd$492MIndustrialsEngineering & Construction-0.40
HBNBHotel101 Global Holdings Corp$1.31BReal EstateReal Estate Services-0.40
BMGLBasel Medical Group Ltd$9.61MHealthcareMedical Care Facilities-0.40
OBAOxley Bridge Acquisition Ltd - Class A$260MFinancial ServicesShell Companies-0.39
NAACUNorth Atlantic Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$482MN/AN/A-0.39
WTGURWintergreen Acquisition Corp$237KN/AN/A-0.39
PNSkycorp Solar Group Ltd - Series A$91MTechnologySolar-0.39
APTAlpha Pro Tech Ltd$52MIndustrialsBuilding Products & Equipment-0.38
MAMKMaxsMaking Inc - Class A$195MIndustrialsConglomerates-0.38
FLACFrazier Lifesciences Acquisition Corp - Class A$175MN/AN/A-0.38
TVACUTexas Ventures Acquisition III Corp - Units (1 Ord Cls A & 1/2 War)$73MFinancial ServicesShell Companies-0.38
OAKUOak Woods Acquisition Corp - Class A$44MFinancial ServicesShell Companies-0.38
CJMBCallan Jmb Inc$4.21MIndustrialsIntegrated Freight & Logistics-0.37
HYACHaymaker Acquisition Corp. 4$330MFinancial ServicesShell Companies-0.37
ALFCenturion Acquisition Corp - Class A$312MFinancial ServicesShell Companies-0.37
ONCHU1RT Acquisition Corp - Units (1 Ord Cls A & 1 War)$39MFinancial ServicesShell Companies-0.37

ETFs that lowly correlated with CAL

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.61
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.57
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.56
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.56
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.56
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.55
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.53
DVUTWEBS Defined Volatility XLU ETF$273K0.89%Jul 22, 2025-0.53
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.53
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.53
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.53
WXETTEUCRIUM 2X DAILY WHEAT ETF $7MN/ADec 12, 2024-0.52
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.52
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.52
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.51
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.51
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.51
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.50
OILDBank of Montreal$53MN/ANov 8, 2021-0.48
XLUISTATE STREET(R) UTILITIES SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $22M0.35%Jul 29, 2025-0.48
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.47
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.47
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.47
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.46
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.46
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.45
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.45
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.45
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.45
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.45
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.44
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.44
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.44
CXRNTEUCRIUM 2X DAILY CORN ETF $4MN/ADec 12, 2024-0.43
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$895MN/ANov 24, 2008-0.43
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.42
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.41
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
HECAHEDGEYE CAPITAL ALLOCATION ETF $312M1.30%Jun 30, 2025-0.41
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.40
HFSPTRADERSAI LARGE CAP EQUITY & CASH ETF $705K1.25%Oct 22, 2024-0.40
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.40
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.39
WTIDBank of Montreal$18MN/AFeb 16, 2023-0.39
GXPEGLOBAL X PURECAP MSCI ENERGY ETF $1.20M0.15%Jul 22, 2025-0.37