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31 Stocks and 69 ETFs for diversifying Dorchester Minerals LP (DMLP)

The least correlated asset to Dorchester Minerals LP (DMLP) is ETF OILD (Bank of Montreal). The correlation is -0.7757.

Stocks that lowly correlated with DMLP

SymbolName
Market cap
SectorIndustry
Correlation
NSRXNasus Pharma Ltd$28MHealthcareDrug Manufacturers - General-0.69
THHTryHard Holdings Ltd$12MIndustrialsSpecialty Business Services-0.69
NTWOUNewbury Street II Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$184MFinancial ServicesShell Companies-0.68
ORIQUOrigin Investment Corp I - Units (1 Ord Cls & 1/2 War)$22MFinancial ServicesShell Companies-0.63
PLMKUPlum Acquisition Corp IV - Units (1 Ord cls A & 1/2 Warr)$213MFinancial ServicesShell Companies-0.61
LSBKLake Shore Bancorp Inc$134MFinancial ServicesBanks - Regional-0.55
HERZHerzfeld Credit Income Fund Inc Com$230MFinancial ServicesAsset Management-0.54
BBOTBridgeBio Oncology Therapeutics Inc Com$674MHealthcareBiotechnology-0.54
IPEXUInflection Point Acquisition Corp V - Units (1 Ord Cls A & 1 Rts)$29MFinancial ServicesShell Companies-0.53
IBGInnovation Beverage Group Ltd$1.60MConsumer DefensiveBeverages - Wineries & Distilleries-0.53
ONCHU1RT Acquisition Corp - Units (1 Ord Cls A & 1 War)$39MFinancial ServicesShell Companies-0.52
JUGGJaws Juggernaut Acquisition Corp - Class A$285MN/AN/A-0.52
KYIVKyivstar Group Ltd$3.48BCommunication ServicesTelecom Services-0.51
UYSCRUY Scuti Acquisition Corp$191KN/AN/A-0.50
BACQBleichroeder Acquisition Corp I - Class A$545MFinancial ServicesShell Companies-0.49
GAINIGladstone Investment Corporation$1.02BN/AN/A-0.48
LHAILinkhome Holdings Inc$19MReal EstateReal Estate Services-0.48
CTWOCOtwo Advisors Physical European Carbon Allowance Trust$1.85MN/AN/A-0.48
MAMOMassimo Group$41MConsumer CyclicalRecreational Vehicles-0.48
NMPAUNMP Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$35MFinancial ServicesShell Companies-0.47
DXSTDecent Holding Inc$1.65MIndustrialsWaste Management-0.47
CAICaris Life Sciences Inc - Class A$4.94BHealthcareBiotechnology-0.47
UPBUpstream Bio Inc$396MHealthcareBiotechnology-0.47
PLBLPolibeli Group Ltd$2.84BConsumer CyclicalDepartment Stores-0.46
FGLFounder Group Ltd$2.30MIndustrialsEngineering & Construction-0.46
CICBCION Investment Corporation 7.50 Notes due 2029$1.26BN/AN/A-0.46
BGMQilian International Holding Group Ltd - Class A$7.45MHealthcareDrug Manufacturers - Specialty & Generic-0.45
MENSJyong Biotech Ltd$174MHealthcareBiotechnology-0.45
HSPTUHorizon Space Acquisition II Corp - Unit (1 Ordinary share & 1 Rts)$11MFinancial ServicesShell Companies-0.45
NOEMRCO2 Energy Transition Corp$416KN/AN/A-0.45
GENVRGen Digital Inc$843MN/AN/A-0.45

ETFs that lowly correlated with DMLP

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
OILDBank of Montreal$53MN/ANov 8, 2021-0.78
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.77
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.77
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$895MN/ANov 24, 2008-0.75
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.69
AALGLEVERAGE SHARES 2X LONG AAL DAILY ETF $5.30MN/AJul 10, 2025-0.67
WTIDBank of Montreal$18MN/AFeb 16, 2023-0.67
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.58
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.57
MYCHSPDR SSGA MY2028 CORPORATE BOND ETF $636M0.15%Sep 23, 2024-0.56
MLDRGLOBAL X INTERMEDIATE-TERM TREASURY LADDER ETF $8.80M0.12%Sep 9, 2024-0.56
USSHWISDOMTREE 1-3 YEAR LADDERED TREASURY FUND $23M0.15%Mar 12, 2024-0.55
XLVISTATE STREET(R) HEALTH CARE SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)HEALTH CARE SELECT SECTOR SPDR(R) PREMIUM INCOME ETF$16M0.35%Jul 29, 2025-0.55
DVXVWEBs Defined Volatility XLV ETF$480K0.89%Jul 22, 2025-0.55
MYCGSPDR SSGA My2027 Corporate Bond ETF$34M0.15%Sep 23, 2024-0.55
SLDRGLOBAL X SHORT-TERM TREASURY LADDER ETF $39M0.12%Sep 9, 2024-0.54
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.54
BFRZInnovator Equity Managed 100 Buffer ETF$137M0.89%May 12, 2025-0.54
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.53
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.53
HBDCHilton BDC Corporate Bond ETF$84M0.39%Jun 10, 2025-0.53
USINWISDOMTREE 7-10 YEAR LADDERED TREASURY FUND $5M0.15%Mar 12, 2024-0.53
CAFXCONGRESS INTERMEDIATE BOND ETF $325M0.35%Sep 9, 2024-0.52
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.52
LCOWPACER S&P 500 QUALITY FCF ARISTOCRATS ETF $26M0.49%May 6, 2025-0.52
HOOWROUNDHILL HOOD WEEKLYPAY ETF $146MN/AJun 17, 2025-0.51
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.51
EVTREATON VANCE TOTAL RETURN BOND ETF $5.60B0.32%Nov 14, 1984-0.50
MYCISPDR SSGA MY2029 CORPORATE BOND ETF $35M0.15%Sep 23, 2024-0.50
CAAAFIRST TRUST AAA CMBS ETF $35M0.30%Feb 27, 2024-0.50
TRSYXTRACKERS US 0-1 YEAR TREASURY ETF $68M0.06%Oct 8, 2024-0.49
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.49
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.49
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.49
XLFISTATE STREET(R) FINANCIAL SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $5.80M0.35%Jul 29, 2025-0.49
MYCJSPDR SSGA My2030 Corporate Bond ETF$43M0.15%Sep 23, 2024-0.49
RDTLGRANITESHARES 2X LONG RDDT DAILY ETF $57MN/AMar 24, 2025-0.48
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.48
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.48
TSIIREX TSLA GROWTH & INCOME ETF $41MN/AJun 3, 2025-0.48
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.47
OWNSCCM Affordable Housing MBS ETF$105M0.30%Jul 27, 2021-0.47
NCPBNUVEEN CORE PLUS BOND ETF $56M0.31%Mar 5, 2024-0.47
OGSPOBRA HIGH GRADE STRUCTURED PRODUCTS ETF $29M0.64%Apr 9, 2024-0.47
IBTPISHARES IBONDS DEC 2034 TERM TREASURY ETF $277M0.07%Jun 11, 2024-0.46
GENTGENTER CAPITAL TAXABLE QUALITY INTERMEDIATE ETF $98M0.38%May 21, 2024-0.46
JHLNJOHN HANCOCK GLOBAL SENIOR LOAN ETF $633M0.59%Aug 19, 2025-0.46
HISFFIRST TRUST HIGH INCOME STRATEGIC FOCUS ETF $98M0.83%Aug 13, 2014-0.46
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.46
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.46
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.46
RSBARETURN STACKED(R) BONDS & MERGER ARBITRAGE ETF $50M1.01%Dec 17, 2024-0.46
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.45
HOOYYIELDMAX(R) HOOD OPTION INCOME STRATEGY ETF $133M0.99%May 7, 2025-0.45
GOVTISHARES U.S. TREASURY BOND ETF $44B0.05%Feb 14, 2012-0.45
AGZISHARES AGENCY BOND ETF $556M0.20%Nov 5, 2008-0.45
VGSHVANGUARD SHORT-TERM TREASURY INDEX FUND ETF SHARES$34B0.03%Nov 19, 2009-0.45
SPTSSTATE STREET(R) SPDR(R) PORTFOLIO SHORT TERM TREASURY ETF $5.90B0.03%Nov 30, 2011-0.45
MSFWROUNDHILL MSFT WEEKLYPAY ETF $27MN/AJul 23, 2025-0.45
VCRBVANGUARD CORE BOND ETF ETF SHARES$7.30B0.10%Dec 14, 2023-0.45
SCHOSCHWAB SHORT-TERM U.S. TREASURY ETF $13B0.03%Aug 5, 2010-0.45
SHYISHARES 1-3 YEAR TREASURY BOND ETF $25B0.15%Jul 22, 2002-0.44
APPXTRADR 2X LONG APP DAILY ETF$112MN/AApr 24, 2025-0.44
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.44
WTBNWISDOMTREE BIANCO TOTAL RETURN FUND $107M0.60%Dec 18, 2023-0.44
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.44
BRTRBlackRock Total Return ETF$726M0.38%Dec 12, 2023-0.44
VGITVANGUARD INTERMEDIATE-TERM TREASURY INDEX FUND ETF SHARES$50B0.03%Nov 19, 2009-0.44
SCHRSCHWAB INTERMEDIATE-TERM U.S. TREASURY ETF $13B0.03%Aug 5, 2010-0.44