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85 Stocks and 15 ETFs for diversifying Carlsmed (CARL)

The least correlated asset to Carlsmed (CARL) is company U.S. Xpress Enterprises (USX). The correlation is -1.

Stocks that lowly correlated with CARL

SymbolName
Market cap
SectorIndustry
Correlation
USXU.S. Xpress Enterprises Inc - Class A$332MIndustrialsTrucking-1.00
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-1.00
GSRTUGSR III Acquisition Corp - Units (1 Ord Class A & 1/7 Rts)$467MN/AN/A-0.99
DRRXDurect Corp$60MHealthcareDrug Manufacturers - Specialty & Generic-0.97
TURN180 Degree Capital Corp$50MFinancial ServicesAsset Management-0.89
IMABI-Mab$340MHealthcareBiotechnology-0.88
YMABY-Mabs Therapeutics Inc$390MHealthcareBiotechnology-0.85
QDQudian Inc$304MFinancial ServicesCredit Services-0.85
ANTEAirNet Technology Inc$89MN/AN/A-0.84
PHLTPerformant Healthcare Inc$626MHealthcareHealth Information Services-0.79
ADNAdvent Technologies Holdings, Inc. Class A Common Stock$2.71MIndustrialsElectrical Equipment & Parts-0.79
BPBP plc$108BEnergyOil & Gas Integrated-0.79
EEni Spa$74BEnergyOil & Gas Integrated-0.74
NINiSource Inc$22BUtilitiesUtilities - Regulated Gas-0.71
ERJEmbraer S.A.$12BIndustrialsAerospace & Defense-0.71
EPIXEssa Pharma Inc$8.93MHealthcareBiotechnology-0.71
SMTKSmartKem, Inc. Common Stock$4.23MTechnologySemiconductor Equipment & Materials-0.70
ROSTRoss Stores Inc$72BConsumer CyclicalApparel Retail-0.69
AEISAdvanced Energy Industries Inc$11BIndustrialsElectrical Equipment & Parts-0.69
ANSCUAgriculture & Natural Solutions Acquisition Corp - Units (1 Ord Class A & 1/2 War)$88MFinancial ServicesShell Companies-0.68
ETREntergy Corp$52BUtilitiesUtilities - Regulated Electric-0.68
WDSWoodside Energy Group Ltd$40BEnergyOil & Gas E&p-0.67
NLOPNet Lease Office Properties$169MReal EstateReit - Office-0.67
SHELShell Plc ADR (Representing - )$241BEnergyOil & Gas Integrated-0.67
SFDSmithfield Foods Inc$9.74BConsumer DefensivePackaged Foods-0.66
BTBDBT Brands Inc$7.26MConsumer CyclicalRestaurants-0.65
TTETotalEnergies SE$174BEnergyOil & Gas Integrated-0.65
NSA-P-BNational Storage Affiliates Trust$1.87BN/AN/A-0.64
HTCOCaravelle International Group$20MIndustrialsMarine Shipping-0.64
WYTCWytec International Inc$14MCommunications EquipmentInformation Technology-0.64
AGXArgan Inc$8.55BIndustrialsEngineering & Construction-0.64
TIGOMillicom International Cellular S.A.$16BCommunication ServicesTelecom Services-0.64
PPLPPL Corp$27BUtilitiesUtilities - Regulated Electric-0.64
CDR-P-BCedar Realty Trust Inc$268MN/AOther-0.64
GSRMBitcoin Depot Inc - Class A$54MN/AN/A-0.63
ELPCCia Paranaense De Energia Copel ADR (Representing )$8.52BUtilitiesUtilities - Regulated Electric-0.62
BGBunge Global SA$22BConsumer DefensiveFarm Products-0.62
CDR-P-CCedar Realty Trust Inc$271MN/AOther-0.61
CRGYCrescent Energy Co. - Class A$3.34BEnergyOil & Gas E&p-0.61
EEIQEpicQuest Education Group International Ltd$3.73MConsumer DefensiveEducation & Training Services-0.61
SCSSteelcase Inc - Class A$1.85BConsumer CyclicalFurnishings, Fixtures & Appliances-0.60
TOYOTOYO Co Ltd$210MTechnologySolar-0.60
BWXTBWX Technologies Inc$16BIndustrialsAerospace & Defense-0.59
CELZCreative Medical Technology Holdings Inc$3.70MHealthcareBiotechnology-0.59
DITAmcon Distributing Company$68MConsumer DefensiveFood Distribution-0.59
ARMPArmata Pharmaceuticals Inc$146MHealthcareBiotechnology-0.59
AEPAmerican Electric Power Company Inc$72BUtilitiesUtilities - Regulated Electric-0.58
AGROAdecoagro S.A.$890MConsumer DefensiveFarm Products-0.58
LVTXLAVA Therapeutics NV$46MHealthcareBiotechnology-0.58
ELTXElicio Therapeutics Inc$65MHealthcareBiotechnology-0.58
SSLSasol Ltd$6.67BBasic MaterialsSpecialty Chemicals-0.58
ANDEAndersons Inc$2.55BConsumer DefensiveFood Distribution-0.57
GLNGGolar Lng$5.22BEnergyOil & Gas Midstream-0.57
EICBEagle Point Income Company Inc. 7.75% Series B Term Preferred Stock Due 2028$626MFinancial ServicesAsset Management-0.57
EQIXEquinix Inc$101BReal EstateReit - Specialty-0.57
APADUA Paradise Acquisition Corp Unit$67MFinancial ServicesShell Companies-0.56
GDSTGoldenstone Acquisition Ltd$23MFinancial ServicesShell Companies-0.56
PFEPfizer Inc$141BHealthcareDrug Manufacturers - General-0.56
TDWTidewater Inc - New$3.72BEnergyOil & Gas Equipment & Services-0.56
TERTeradyne Inc$54BTechnologySemiconductor Equipment & Materials-0.56
CBION/A$432MHealthcareBiotechnology-0.55
FLNGFlex Lng Ltd$1.67BEnergyOil & Gas Midstream-0.55
TSTenaris S.A.$30BEnergyOil & Gas Equipment & Services-0.55
MVOMV Oil Trust$7.29MEnergyOil & Gas E&p-0.55
LNZALanzaTech Global Inc - Class A$59MIndustrialsWaste Management-0.55
PBR-APetroleo Brasileiro S.A. Petrobras$98BEnergyOil & Gas Integrated-0.55
VTOLBristow Group Inc$1.30BEnergyOil & Gas Equipment & Services-0.54
AZNAstrazeneca plc$296BHealthcareDrug Manufacturers - General-0.54
MGMistras Group Inc$511MIndustrialsSecurity & Protection Services-0.54
REBNReborn Coffee Inc$11MConsumer CyclicalRestaurants-0.54
RBCRBC Bearings Inc$19BIndustrialsTools & Accessories-0.54
SSTKShutterstock Inc$280MCommunication ServicesInternet Content & Information-0.54
NETDNabors Energy Transition Corp II - Class A$73MFinancial ServicesShell Companies-0.54
CHCIComstock Holding Co. Inc - Class A$163MReal EstateReal Estate Services-0.54
PLRXPliant Therapeutics Inc$69MHealthcareBiotechnology-0.54
PBRPetroleo Brasileiro S.A. Petrobras$115BEnergyOil & Gas Integrated-0.54
GIGGigCapital7 Corp - Class A$353MFinancial ServicesShell Companies-0.53
SAMBoston Beer Co. Inc - Class A$1.78BConsumer DefensiveBeverages - Brewers-0.53
TIMBTIM SA$11BCommunication ServicesTelecom Services-0.53
RYDERyde Group Ltd - Class A$4.70MTechnologySoftware - Application-0.53
CMSCMS Energy Corporation$23BUtilitiesUtilities - Regulated Electric-0.53
OGSONE Gas Inc$4.90BUtilitiesUtilities - Regulated Gas-0.53
CIGCia Energetica DE Minas Gerais - Cemig$6.18BUtilitiesUtilities - Regulated Electric-0.53
FIXComfort Systems USA Inc$61BIndustrialsEngineering & Construction-0.53
LMATLemaitre Vascular Inc$2.28BHealthcareMedical Instruments & Supplies-0.53

ETFs that lowly correlated with CARL

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
RNWZTRUESHARES EAGLE GLOBAL RENEWABLE ENERGY INCOME ETF $6M0.75%Dec 7, 2022-0.61
BWETBreakwave Tanker Shipping ETF$17M3.50%May 1, 2023-0.60
PALDDirexion Daily PANW Bear 1X Shares$1.80M1.02%Feb 10, 2025-0.59
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.58
FMFFIRST TRUST MANAGED FUTURES STRATEGY FUND $272M0.98%Aug 1, 2013-0.56
FAARFIRST TRUST ALTERNATIVE ABSOLUTE RETURN STRATEGY ETF $178M0.98%May 18, 2016-0.55
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.54
TSLQTradr 2X Short TSLA Daily ETF$114MN/AJul 13, 2022-0.54
TSDDGRANITESHARES 2X SHORT TSLA DAILY ETF $39MN/AAug 21, 2023-0.54
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.54
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.54
TSLZT-REX 2X INVERSE TESLA DAILY TARGET ETF $31MN/AOct 18, 2023-0.54
TSLSDirexion Daily TSLA Bear 1X Shares$66M0.95%Aug 8, 2022-0.53
WZRDOpportunistic Trader ETF$976K1.00%Jun 24, 2025-0.53
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $16M1.05%May 1, 2024-0.53