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High CorrelationLow Correlation

28 Stocks and 72 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 -0.7748.

Stocks that lowly correlated with DMLP

SymbolName
Market cap
SectorIndustry
Correlation
NTWOUNewbury Street II Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$183MFinancial ServicesShell Companies-0.69
PLMKUPlum Acquisition Corp IV - Units (1 Ord cls A & 1/2 Warr)$54MFinancial ServicesShell Companies-0.61
UYSCRUY Scuti Acquisition Corp$277KN/AN/A-0.60
JCAPJefferson Capital Inc$950MFinancial ServicesCredit Services-0.54
IPEXUInflection Point Acquisition Corp V - Units (1 Ord Cls A & 1 Rts)$29MFinancial ServicesShell Companies-0.53
IBGInnovation Beverage Group Ltd$1.22MConsumer DefensiveBeverages - Wineries & Distilleries-0.52
JUGGJaws Juggernaut Acquisition Corp - Class A$285MN/AN/A-0.52
GAINIGladstone Investment Corporation$1.02BN/AN/A-0.51
UPBUpstream Bio Inc$450MHealthcareBiotechnology-0.51
DXSTDecent Holding Inc$1.65MIndustrialsWaste Management-0.49
BACQBleichroeder Acquisition Corp I - Class A$545MFinancial ServicesShell Companies-0.49
MAMOMassimo Group$42MConsumer CyclicalRecreational Vehicles-0.48
CTWOCOtwo Advisors Physical European Carbon Allowance Trust$1.73MN/AN/A-0.48
HSPTUHorizon Space Acquisition II Corp - Unit (1 Ordinary share & 1 Rts)$25MFinancial ServicesShell Companies-0.47
GENVRGen Digital Inc$1.02BN/AN/A-0.47
MENSJyong Biotech Ltd$164MHealthcareBiotechnology-0.47
FGLFounder Group Ltd$2.30MIndustrialsEngineering & Construction-0.46
VENUVenu Holding Corp$222MConsumer CyclicalRestaurants-0.45
CAICaris Life Sciences Inc - Class A$4.35BHealthcareBiotechnology-0.45
ASPCAlpha Capital Acquisition Co - Class A$17MFinancial ServicesShell Companies-0.45
CICBCION Investment Corporation 7.50 Notes due 2029$1.26BN/AN/A-0.45
KKRTKKR & Co. Inc$22BN/AN/A-0.44
NOEMRCO2 Energy Transition Corp$537KN/AN/A-0.44
BGMQilian International Holding Group Ltd - Class A$7.45MHealthcareDrug Manufacturers - Specialty & Generic-0.44
DGNXDiginex Ltd$31MIndustrialsConsulting Services-0.44
GRAFGraf Global Corp - Class A$311MFinancial ServicesShell Companies-0.44
PCPremium Catering (Holdings) Ltd$30MIndustrialsSpecialty Business Services-0.44
PROPPrairie Operating Co. Common Stock$81MEnergyOil & Gas E&p-0.43

ETFs that lowly correlated with DMLP

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
OILDBank of Montreal$19MN/ANov 8, 2021-0.77
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.76
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.76
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$1.10BN/ANov 24, 2008-0.73
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $40MN/ANov 6, 2008-0.68
WTIDBank of Montreal$6.60MN/AFeb 16, 2023-0.67
USSHWISDOMTREE 1-3 YEAR LADDERED TREASURY FUND $23M0.15%Mar 12, 2024-0.58
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.58
TSIIREX TSLA GROWTH & INCOME ETF $41MN/AJun 3, 2025-0.57
MYCHSPDR SSGA My2028 Corporate Bond ETF$418M0.15%Sep 23, 2024-0.57
SLDRGLOBAL X SHORT-TERM TREASURY LADDER ETF $40M0.12%Sep 9, 2024-0.57
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.57
MLDRGLOBAL X INTERMEDIATE-TERM TREASURY LADDER ETF $9.30M0.12%Sep 9, 2024-0.57
MYCGSPDR SSGA My2027 Corporate Bond ETF$30M0.15%Sep 23, 2024-0.56
BFRZInnovator Equity Managed 100 Buffer ETF$124M0.89%May 12, 2025-0.56
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.54
CAFXCONGRESS INTERMEDIATE BOND ETF $325M0.35%Sep 9, 2024-0.54
USINWISDOMTREE 7-10 YEAR LADDERED TREASURY FUND $4.50M0.15%Mar 12, 2024-0.54
TRSYXtrackers US 0-1 Year Treasury ETF$74M0.06%Oct 8, 2024-0.54
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.54
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.53
LCOWPACER S&P 500 QUALITY FCF ARISTOCRATS ETF $23M0.49%May 6, 2025-0.52
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.52
HBDCHilton BDC Corporate Bond ETF$86M0.39%Jun 10, 2025-0.52
MAGYROUNDHILL MAGNIFICENT SEVEN COVERED CALL ETF $155M0.99%Apr 22, 2025-0.51
CAAAFIRST TRUST COMMERCIAL MORTGAGE OPPORTUNITIES ETF $33M0.30%Feb 27, 2024-0.51
MYCISPDR SSGA My2029 Corporate Bond ETF$35M0.15%Sep 23, 2024-0.51
EVTREATON VANCE TOTAL RETURN BOND ETF $5.20B0.32%Nov 14, 1984-0.51
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.51
MYCJSPDR SSGA My2030 Corporate Bond ETF$40M0.15%Sep 23, 2024-0.50
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.50
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.50
HOOWROUNDHILL HOOD WEEKLYPAY ETF $113MN/AJun 17, 2025-0.50
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.49
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.49
PLTGLEVERAGE SHARES 2X LONG PLTR DAILY ETF $26MN/AApr 24, 2025-0.48
RDTLGRANITESHARES 2X LONG RDDT DAILY ETF $53MN/AMar 24, 2025-0.48
OWNSCCM Affordable Housing MBS ETF$102M0.30%Jul 27, 2021-0.48
NCPBNUVEEN CORE PLUS BOND ETF $57M0.31%Mar 5, 2024-0.48
GENTGENTER CAPITAL TAXABLE QUALITY INTERMEDIATE ETF $92M0.38%May 21, 2024-0.48
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.48
IBTPISHARES IBONDS DEC 2034 TERM TREASURY ETF $267M0.07%Jun 11, 2024-0.47
OGSPOBRA HIGH GRADE STRUCTURED PRODUCTS ETF $29M0.64%Apr 9, 2024-0.47
APPXTRADR 2X LONG APP DAILY ETF$140MN/AApr 24, 2025-0.47
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.47
MSDDGRANITESHARES 2X SHORT MSTR DAILY ETF $1MN/AJun 9, 2025-0.47
LDRCISHARES IBONDS 1-5 YEAR CORPORATE LADDER ETF $77M0.10%Nov 7, 2024-0.46
WTBNWISDOMTREE BIANCO TOTAL RETURN FUND $100M0.60%Dec 18, 2023-0.46
BBBSBondBloxx BBB Rated 1-5 Year Corporate Bond ETF$166M0.19%Jan 23, 2024-0.46
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.46
VCRBVANGUARD CORE BOND ETF ETF SHARES$6.60B0.10%Dec 14, 2023-0.46
FPASFPA SHORT DURATION GOVERNMENT ETF $6.90M0.10%Oct 31, 2024-0.46
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.45
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.45
MYCKSPDR SSGA My2031 Corporate Bond ETF$16M0.15%Sep 23, 2024-0.45
RSBARETURN STACKED(R) BONDS & MERGER ARBITRAGE ETF $53M1.01%Dec 17, 2024-0.45
BRTRBlackRock Total Return ETF$557M0.38%Dec 12, 2023-0.45
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.45
FTRBFEDERATED HERMES TOTAL RETURN BOND ETF $502M0.39%Jan 2, 2024-0.45
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.44
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.44
NUSBNUVEEN ULTRA SHORT INCOME ETF $157M0.17%Mar 5, 2024-0.44
VGSHVANGUARD SHORT-TERM TREASURY INDEX FUND ETF SHARES$34B0.03%Nov 19, 2009-0.44
AGZISHARES AGENCY BOND ETF $552M0.20%Nov 5, 2008-0.44
SCHOSCHWAB SHORT-TERM U.S. TREASURY ETF $13B0.03%Aug 5, 2010-0.44
SHYISHARES 1-3 YEAR TREASURY BOND ETF $25B0.15%Jul 22, 2002-0.44
SPTBSPDR PORTFOLIO TREASURY ETF $187M0.03%May 20, 2024-0.44
QQHGInvesco QQQ Hedged Advantage ETF$13M0.45%May 5, 2025-0.44
VPLSVANGUARD CORE-PLUS BOND ETF ETF SHARES$1.50B0.20%Dec 7, 2023-0.44
GOVTISHARES U.S. TREASURY BOND ETF $41B0.05%Feb 14, 2012-0.43
SPTSSPDR(R) PORTFOLIO SHORT TERM TREASURY ETF $6B0.03%Nov 30, 2011-0.43
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.43