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High CorrelationLow Correlation

37 Stocks and 63 ETFs for diversifying Clearwater Paper (CLW)

The least correlated asset to Clearwater Paper (CLW) is ETF NTRL (First Trust Equity Market Neutral ETF). The correlation is -0.7584.

Stocks that lowly correlated with CLW

SymbolName
Market cap
SectorIndustry
Correlation
PVLAPalvella Therapeutics Inc$2.18BHealthcareBiotechnology-0.67
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.65
STRCMicrostrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock$29BTechnologySoftware - Application-0.62
OFSSOOFS Capital Corp$341MN/AN/A-0.58
EMPGEmpro Group Inc$139MHealthcareMedical Distribution-0.54
MENSJyong Biotech Ltd$174MHealthcareBiotechnology-0.53
SUGPSU Group Holdings Ltd - Class A$5.51MIndustrialsSecurity & Protection Services-0.53
MLACMountain Lake Acquisition Corp - Class A$43MN/AN/A-0.49
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$18MFinancial ServicesShell Companies-0.48
APADUA Paradise Acquisition Corp Unit$67MFinancial ServicesShell Companies-0.47
AHRAmerican Healthcare REIT Inc$10BReal EstateReit - Healthcare Facilities-0.46
NEE-P-SNextEra Energy Inc 7.299 Corporate Units$113BN/AN/A-0.43
UTAAUTA Acquisition Corp - Class A$61MN/AN/A-0.43
AGHAureus Greenway Holdings Inc$87MConsumer CyclicalLeisure-0.43
BLSHBullish$3.80BTechnologySoftware - Infrastructure-0.43
GENQUESGL Holdings Ltd - Units (1 Ord Share Class A & 1 War)$99MN/AN/A-0.42
VNMEUVendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War)$52MFinancial ServicesShell Companies-0.41
DAICCID HoldCo Inc$40MTechnologyInformation Technology Services-0.40
INACRIndigo Acquisition Corp Right$448KN/AN/A-0.39
SCMASeaport Calibre Materials Acquisition Corp - Class A$169MN/AN/A-0.38
CHARRCharlton Aria Acquisition Corporation Rights$206KN/AN/A-0.38
TELOTelomir Pharmaceuticals Inc$46MHealthcareBiotechnology-0.38
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.38
RADXRadiopharm Theranostics Ltd$36MHealthcareBiotechnology-0.38
VWAVVisionWave Holdings Inc$85MIndustrialsAerospace & Defense-0.36
GTERUGloba Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts)$53MFinancial ServicesShell Companies-0.36
CNTACentessa Pharmaceuticals plc$6.27BHealthcareBiotechnology-0.35
XCHXCHG Ltd$1.46BIndustrialsSpecialty Industrial Machinery-0.35
EPOWE-Power Inc - Class A$19MIndustrialsElectrical Equipment & Parts-0.35
CVKDCadrenal Therapeutics Inc$5.89MHealthcareBiotechnology-0.35
NEE-P-TNextEra Energy Inc 7.234 Corporate Units$106BN/AN/A-0.34
SOBOSouth Bow Corp$7.82BEnergyOil & Gas Midstream-0.34
KIM-P-NKimco Realty Corporation$42BN/AN/A-0.34
GLIBKGCI Liberty Inc$877MCommunication ServicesTelecom Services-0.34
MIAXMiami International Holdings Inc$4BFinancial ServicesCapital Markets-0.34
ZINGUFTAC Zeus Acquisition Corp - Units (1 Ord Share Class A & 1/2 War)$587MN/AN/A-0.33
AIIAmerican Integrity Insurance Group Inc$358MFinancial ServicesInsurance - Property & Casualty-0.33

ETFs that lowly correlated with CLW

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
NTRLFirst Trust Equity Market Neutral ETF$19M0.95%Feb 4, 2020-0.76
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.57
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.50
IBTPISHARES IBONDS DEC 2034 TERM TREASURY ETF $277M0.07%Jun 11, 2024-0.49
PDDLGRANITESHARES 2X LONG PDD DAILY ETF $7.60MN/AJul 14, 2025-0.48
DVUTWEBS Defined Volatility XLU ETF$273K0.89%Jul 22, 2025-0.48
LDRTISHARES IBONDS 1-5 YEAR TREASURY LADDER ETF $132M0.07%Nov 7, 2024-0.47
PALDDirexion Daily PANW Bear 1X Shares$1.80M1.02%Feb 10, 2025-0.47
IBGKISHARES IBONDS DEC 2054 TERM TREASURY ETF $5.80M0.07%Jun 11, 2024-0.46
IBGAISHARES IBONDS DEC 2044 TERM TREASURY ETF $101M0.07%Jun 11, 2024-0.45
TIPDNORTHERN TRUST 2055 INFLATION-LINKED DISTRIBUTING LADDER ETF $2M0.10%Aug 18, 2025-0.45
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.44
JUCYAPTUS ENHANCED YIELD ETF $251M0.60%Oct 31, 2022-0.44
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.44
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.44
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.44
SPTBSTATE STREET(R) SPDR(R) PORTFOLIO TREASURY ETF $286M0.03%May 20, 2024-0.43
FPASFPA SHORT DURATION GOVERNMENT ETF $9.90M0.10%Oct 31, 2024-0.42
LDDRStone Ridge 2035 Term Income ETF$42M0.25%Jan 3, 2025-0.42
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.42
IBIKISHARES IBONDS OCT 2034 TERM TIPS ETF $88M0.10%May 22, 2024-0.41
GENTGENTER CAPITAL TAXABLE QUALITY INTERMEDIATE ETF $98M0.38%May 21, 2024-0.41
HIDEALPHA ARCHITECT HIGH INFLATION AND DEFLATION ETF $140M0.29%Nov 16, 2022-0.41
SECRNYLI MACKAY SECURITIZED INCOME ETF $165M0.28%May 30, 2024-0.40
USSHWISDOMTREE 1-3 YEAR LADDERED TREASURY FUND $23M0.15%Mar 12, 2024-0.40
USNGAMPLIFY SAMSUNG U.S. NATURAL GAS INFRASTRUCTURE ETF $7.40M0.59%May 19, 2025-0.40
RTRERAREVIEW TOTAL RETURN BOND ETF $57M0.70%May 31, 2024-0.40
EDGF3EDGE DYNAMIC FIXED INCOME ETF $479M0.79%Oct 2, 2024-0.38
KEATKEATING ACTIVE ETF $111M0.85%Mar 26, 2024-0.38
BESFBASTION ENERGY ETF $33M0.80%Jun 3, 2025-0.38
MBSXREGAN FIXED RATE MBS ETF $17M0.40%Apr 30, 2025-0.38
AGGSHARBOR DISCIPLINED BOND ETF $39M0.35%May 1, 2024-0.37
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.37
CGUICAPITAL GROUP ULTRA SHORT INCOME ETF SHARE CLASS$290M0.18%Jun 25, 2024-0.37
BILTiShares Infrastructure Active ETF$32M0.60%Jul 29, 2025-0.37
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.37
FLXRTCW Flexible Income ETF$3.30B0.40%Nov 30, 2018-0.37
HFMFUNLIMITED HFMF MANAGED FUTURES ETF $22M0.97%Jul 14, 2025-0.37
RIFRRUSSELL INVESTMENTS GLOBAL INFRASTRUCTURE ETF $43M0.59%May 13, 2025-0.37
MBSANGEL OAK MORTGAGE-BACKED SECURITIES ETF $148M0.49%Jun 4, 2021-0.37
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.37
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.36
USINWISDOMTREE 7-10 YEAR LADDERED TREASURY FUND $5M0.15%Mar 12, 2024-0.36
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.36
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $13MN/AMar 31, 2025-0.36
BSCYInvesco BulletShares 2034 Corporate Bond ETF$563M0.10%Jun 12, 2024-0.35
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.35
XLUISTATE STREET(R) UTILITIES SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $22M0.35%Jul 29, 2025-0.35
GXPEGLOBAL X PURECAP MSCI ENERGY ETF $1.20M0.15%Jul 22, 2025-0.35
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.35
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.35
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.35
TLTPAMPLIFY TLT U.S. TREASURY 12% OPTION INCOME ETF $22M0.39%Oct 28, 2024-0.35
USDXSGI ENHANCED CORE ETF $305M1.08%Feb 28, 2024-0.35
SMBSSCHWAB MORTGAGE-BACKED SECURITIES ETF $6.50B0.03%Nov 18, 2024-0.34
LFDRStone Ridge Durable Income ETF$860K0.25%Jan 9, 2024-0.34
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.34
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.34
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.34
AFIXALLSPRING BROAD MARKET CORE BOND ETF $218M0.20%Dec 4, 2024-0.34
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.33
TLTINEOS ENHANCED INCOME 20+ YEAR TREASURY BOND ETF $16M0.58%Dec 10, 2024-0.33
EVSDEaton Vance Short Duration Income ETF$1.30B0.24%Mar 31, 1992-0.33