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84 Stocks and 16 ETFs for diversifying CBIO

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

Stocks that lowly correlated with CBIO

SymbolName
Market cap
SectorIndustry
Correlation
LRFCLogan Ridge Finance Corporation$51MN/AN/A-1.00
KIRKBrand House Collective Inc (The).$37MN/AN/A-1.00
ESGREnstar Group Ltd$5.09BN/AN/A-1.00
THTXTheratechnologies Inc$167MHealthcareBiotechnology-0.97
DALNDallasNews Corporation - Class A$88MN/AN/A-0.95
HYACHaymaker Acquisition Corp. 4$330MFinancial ServicesShell Companies-0.94
OLOOlo Inc - Class A$1.87BTechnologySoftware - Application-0.94
HLVXHilleVax Inc$105MHealthcareBiotechnology-0.92
LNSRLENSAR Inc$69MHealthcareMedical Devices-0.89
ATIFATIF Holdings Ltd$6.07MN/AN/A-0.88
MGRMMonogram Technologies Inc$213MHealthcareMedical Devices-0.88
IPGInterpublic Group Of Cos. Inc$9.04BCommunication ServicesAdvertising Agencies-0.88
BURBurford Capital Ltd$912MFinancial ServicesAsset Management-0.87
CNLCollective Mining Ltd.$1.14BBasic MaterialsGold-0.87
ATUSAltice USA Inc - Class A$844MCommunication ServicesTelecom Services-0.87
SPTNSpartanNash Company$922MConsumer DefensiveFood Distribution-0.86
IROHRCN Healthy Food Tech Group Corp$35MN/AN/A-0.85
OPOFOld Point Financial Corp$215MFinancial ServicesBanks - Regional-0.83
RAINRain Enhancement Technologies Holdco, Inc. Class A Common Stock$13MIndustrialsPollution & Treatment Controls-0.83
GNTYGuaranty Bancshares Inc (TX)$557MN/AN/A-0.83
AMSAmerican Shared Hospital Services$9.44MHealthcareMedical Care Facilities-0.82
DERMJourney Medical Corp$199MHealthcareDrug Manufacturers - Specialty & Generic-0.82
TBMCTrailblazer Merger Corp I - Class A$29MFinancial ServicesShell Companies-0.81
NEWTZNewtekOne Inc$720MN/AOther-0.78
MINFT Ltd -Class A$2.92MConsumer CyclicalInternet Retail-0.76
VRDNViridian Therapeutics Inc$1.95BHealthcareBiotechnology-0.76
DRH-P-ADiamondrock Hospitality Company$5.11BN/AN/A-0.76
GLPGGalapagos NV$1.90BHealthcareBiotechnology-0.76
IMMPImmutep Ltd$64MHealthcareBiotechnology-0.75
UCARU Power Ltd - Class A$4.59MConsumer CyclicalAuto & Truck Dealerships-0.75
FORLFour Leaf Acquisition Corporation Class A Common Stock$47MN/AN/A-0.74
NOTEFiscalNote Holdings Inc - Class A$1.82MTechnologyInformation Technology Services-0.74
SVCService Properties Trust$1.44BReal EstateReit - Hotel & Motel-0.74
CHARRCharlton Aria Acquisition Corporation Rights$206KN/AN/A-0.73
GROWU.S. Global Investors Inc - Class A$37MFinancial ServicesAsset Management-0.73
JILLJ.Jill Inc$246MConsumer CyclicalApparel Retail-0.73
TAYDTaylor Devices Inc$176MIndustrialsSpecialty Industrial Machinery-0.72
SYYSysco Corp$39BConsumer DefensiveFood Distribution-0.72
NKENike Inc - Class B$63BConsumer CyclicalFootwear & Accessories-0.71
ALDXAldeyra Therapeutics Inc$116MHealthcareBiotechnology-0.71
EMXEMX Royalty Corporation$455MBasic MaterialsOther Industrial Metals & Mining-0.71
BARKBARK Inc - Class A$84MConsumer CyclicalSpecialty Retail-0.70
PMAXPowell Max Ltd - Class A$20MFinancial ServicesCapital Markets-0.70
SPRSpirit Aerosystems Holdings Inc - Class A$4.65BIndustrialsAerospace & Defense-0.69
TFSATerra Income Fund 6, LLC 7.00% Notes due 2026$124MN/AN/A-0.69
FBLGFibroBiologics Inc$3.18MHealthcareBiotechnology-0.68
OMIOwens & Minor Inc$214MHealthcareMedical Distribution-0.68
LELands` End Inc$356MConsumer CyclicalApparel Retail-0.68
FTLFFitLife Brands Inc$104MConsumer DefensivePackaged Foods-0.68
HMSTHomeStreet Inc$262MN/AN/A-0.68
NXSTNexstar Media Group Inc$5.59BCommunication ServicesBroadcasting-0.67
SMLRSemler Scientific Inc$308MHealthcareMedical Devices-0.67
BLMZHarrison Global Holdings Inc$172KCommunication ServicesEntertainment-0.67
BACQBleichroeder Acquisition Corp I - Class A$545MFinancial ServicesShell Companies-0.67
CMAComerica Incorporated$11BFinancial ServicesBanks - Regional-0.66
LBGJLi Bang International Corp Inc$189KIndustrialsSpecialty Industrial Machinery-0.66
GDGeneral Dynamics Corp$99BIndustrialsAerospace & Defense-0.65
ITRMIterum Therapeutics Plc$8.06MHealthcareBiotechnology-0.65
VALNValneva SE$441MHealthcareBiotechnology-0.65
TATTTAT Technologies Ltd$545MIndustrialsAerospace & Defense-0.65
LNNLindsay Corporation$1.19BIndustrialsFarm & Heavy Construction Machinery-0.64
ULUnilever plc$135BConsumer DefensiveHousehold & Personal Products-0.64
CEPCantor Equity Partners Inc - Class A$183MFinancial ServicesShell Companies-0.63
DKLDelek Logistics Partners LP$2.97BEnergyOil & Gas Refining & Marketing-0.63
UONEUrban One Inc - Class A$22MCommunication ServicesBroadcasting-0.63
TAVIRTavia Acquisition Corp$530KN/AN/A-0.63
MAZEMaze Therapeutics Inc$1.46BHealthcareBiotechnology-0.62
QSEARQuartzsea Acquisition Corp$845KN/AN/A-0.62
BEEPMobile Infrastructure Corp$75MIndustrialsInfrastructure Operations-0.62
CCNEPCNB Financial Corp (PA)$719MFinancial ServicesBanks - Regional-0.62
LCCCRLakeshore Acquisition III Corp$349KN/AN/A-0.62
LNKSLinkers Industries Ltd - Class A$16MIndustrialsElectrical Equipment & Parts-0.62
VRNTVerint Systems Inc$1.24BTechnologySoftware - Infrastructure-0.61
GVVisionary Holdings Inc$1.01MConsumer DefensiveEducation & Training Services-0.61
RNLXRenalytix Plc$295MN/AN/A-0.61
VNMEUVendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War)$52MFinancial ServicesShell Companies-0.60
CBUSCibus Global Ltd. Class A$136MHealthcareBiotechnology-0.60
DRDBWRoman DBDR Acquisition Corp II Warrants$8.22MN/AN/A-0.60
SR-P-ASpire Inc$1.48BN/AOther-0.60
LPAAULaunch One Acquisition Corp - Units (1 Ord Class A & 1/2 War)$251MFinancial ServicesShell Companies-0.60
UOKAMDJM Ltd$106KConsumer CyclicalLodging-0.60
HSPTHorizon Space Acquisition II Corp$61MFinancial ServicesShell Companies-0.60
APTVAptiv PLC$13BConsumer CyclicalAuto Parts-0.59
KEY-P-LKeycorp$27BN/AN/A-0.59

ETFs that lowly correlated with CBIO

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
BTFXCoinShares Bitcoin Leverage ETF$12MN/AFeb 21, 2024-0.90
STXMSTRIVE MID-CAP ETF $22M0.18%Apr 10, 2024-0.89
PPIInvestment Managers Series Trust II Astoria Real Assets ETF$155M0.58%Dec 30, 2021-0.87
STXISTRIVE INTERNATIONAL DEVELOPED MARKETS ETF $24M0.29%Jun 25, 2024-0.83
MBSXREGAN FIXED RATE MBS ETF $17M0.40%Apr 30, 2025-0.70
HECAHEDGEYE CAPITAL ALLOCATION ETF $312M1.30%Jun 30, 2025-0.67
APOCInnovator Equity Defined Protection ETF - 6mo Apr/Oct$70M0.79%Sep 30, 2024-0.67
NHSNeuberger Berman High Yield Strategies Fund$285MN/AN/A-0.65
GMMAGAMMAROAD MARKET NAVIGATION ETF $6.50M0.75%Sep 16, 2024-0.65
EMEMSOPHUS CAPITAL EMERGING MARKET ETF $61M0.65%May 19, 2026-0.62
BFRZInnovator Equity Managed 100 Buffer ETF$137M0.89%May 12, 2025-0.62
MCIBarings Corporate Investors$335MN/AN/A-0.59
NIMNuveen Select Maturities Municipal Fund$124MN/AN/A-0.59