30 Stocks and 70 ETFs for diversifying Cenovus Energy (CVE)
The least correlated asset to Cenovus Energy (CVE) is ETF DUG (ProShares UltraShort Energy). The correlation is -0.8161.
Stocks that lowly correlated with CVE
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| OTF | Blue Owl Technology Finance Corp | $4.94B | Financial Services | Asset Management | -0.75 |
| TWFG | TWFG Inc - Class A | $275M | Financial Services | Insurance Brokers | -0.62 |
| CHYM | Chime Financial Inc - Class A | $6.59B | Technology | Software - Application | -0.60 |
| ARAI | Arrive AI Inc | $26M | Technology | Scientific & Technical Instruments | -0.58 |
| HPAI | Helport AI Ltd | $33M | Technology | Software - Infrastructure | -0.57 |
| BGM | Qilian International Holding Group Ltd - Class A | $7.45M | Healthcare | Drug Manufacturers - Specialty & Generic | -0.54 |
| JCAP | Jefferson Capital Inc | $950M | Financial Services | Credit Services | -0.54 |
| DGNX | Diginex Ltd | $31M | Industrials | Consulting Services | -0.53 |
| CTWO | COtwo Advisors Physical European Carbon Allowance Trust | $1.73M | N/A | N/A | -0.52 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.51 |
| FIGXU | FIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War) | $35M | Financial Services | Shell Companies | -0.51 |
| BYAH | Park Ha Biological Technology Co Ltd | $917K | Consumer Defensive | Household & Personal Products | -0.49 |
| AZI | Autozi Internet Technology (Global) Ltd - Class A | $9.05M | Consumer Cyclical | Auto & Truck Dealerships | -0.49 |
| ZSPC | Zspace Inc | $2.96M | Technology | Computer Hardware | -0.49 |
| CHPGR | ChampionsGate Acquisition Corp | $257K | N/A | N/A | -0.49 |
| ASPC | Alpha Capital Acquisition Co - Class A | $17M | Financial Services | Shell Companies | -0.48 |
| SDHIR | Siddhi Acquisition Corp | $1.38M | N/A | N/A | -0.47 |
| CAI | Caris Life Sciences Inc - Class A | $4.35B | Healthcare | Biotechnology | -0.47 |
| IBG | Innovation Beverage Group Ltd | $1.22M | Consumer Defensive | Beverages - Wineries & Distilleries | -0.47 |
| BUSEP | First Busey Corp | $2.18B | Financial Services | Banks - Regional | -0.46 |
| MASK | 3 E Network Technology Group Ltd - Class A | $1.60M | Technology | Software - Application | -0.45 |
| AACT | Ares Acquisition Corporation II - Class A | $588M | Financial Services | Shell Companies | -0.44 |
| LOAR | Loar Holdings Inc | $5.82B | Industrials | Aerospace & Defense | -0.43 |
| MITP | AG Mortgage Investment Trust Inc | $800M | N/A | N/A | -0.43 |
| WAY | Waystar Holding Corp | $3.65B | Healthcare | Health Information Services | -0.42 |
| NXGL | Nexgel Inc | $5.15M | Healthcare | Medical Instruments & Supplies | -0.42 |
| PROP | Prairie Operating Co. Common Stock | $81M | Energy | Oil & Gas E&p | -0.42 |
| LGPS | LogProstyle Inc | $16M | Industrials | Conglomerates | -0.42 |
| TWOD | Two Harbors Investment Corp | $2.67B | N/A | N/A | -0.41 |
| MCTR | CTRL Group Ltd | $15M | Communication Services | Advertising Agencies | -0.41 |