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52 Stocks and 48 ETFs for diversifying Dermata Therapeutics (DRMA)

The least correlated asset to Dermata Therapeutics (DRMA) is ETF GLDN (NICHOLAS GOLD INCOME ETF). The correlation is -1.

Stocks that lowly correlated with DRMA

SymbolName
Market cap
SectorIndustry
Correlation
SOLEmeren Group Ltd American Depositary Shares, each representing 10 shares$100MTechnologySolar-1.00
SZZLRSizzle Acquisition Corp II$1.47MN/AN/A-0.65
BUUUBUUU Group Ltd - Class A$293MIndustrialsSpecialty Business Services-0.60
LNKSLinkers Industries Ltd - Class A$16MIndustrialsElectrical Equipment & Parts-0.59
INACUIndigo Acquisition Corp - Units (1 Ord Shs & 1 Rts)$34MFinancial ServicesShell Companies-0.57
MLACUMountain Lake Acquisition Corp - Units (1 Ord Cls A & 1Rts)$48MN/AN/A-0.57
WTGURWintergreen Acquisition Corp$237KN/AN/A-0.56
CMDBCostamare Bulkers Holdings Ltd$485MIndustrialsMarine Shipping-0.54
VNMEVendome Acquisition Corporation I$254MFinancial ServicesShell Companies-0.53
OFSSOOFS Capital Corp$341MN/AN/A-0.52
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.50
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.50
HONDHCM II Acquisition Corp. Class A Ordinary Shares$519MFinancial ServicesShell Companies-0.49
WSBKWinchester Bancorp Inc$121MFinancial ServicesBanks - Regional-0.49
UYSCRUY Scuti Acquisition Corp$191KN/AN/A-0.49
BEPCBrookfield Renewable Corporation (Exchangeable Shares) - Class A$6.37BUtilitiesUtilities - Renewable-0.49
BIPCBrookfield Infrastructure Corp (Exchangeable Shares) - Class A$5.38BUtilitiesUtilities - Regulated Gas-0.48
ZBIOZenas Biopharma Inc$1.83BHealthcareBiotechnology-0.48
FIGXFIGX Capital Acquisition Corp - Class A$159MFinancial ServicesShell Companies-0.45
OAKUOak Woods Acquisition Corp - Class A$44MFinancial ServicesShell Companies-0.45
COLAUColumbus Acquisition Corp - Units ( Ord Cls A & 1 Rts)$62MFinancial ServicesShell Companies-0.45
MAMKMaxsMaking Inc - Class A$195MIndustrialsConglomerates-0.45
VNMEWVendome Acquisition Corporation I Warrant$2.70MN/AN/A-0.44
LWACWLightWave Acquisition Corp - Warrants (06/06/2030)$178MN/AN/A-0.44
MBVIUM3 Brigade Acquisition VI Corp - Units (1 Ord Cls A & 1/3 War)$77MFinancial ServicesShell Companies-0.44
NEE-P-TNextEra Energy Inc 7.234 Corporate Units$106BN/AN/A-0.43
ET-P-IEnergy Transfer LP$40BN/AN/A-0.43
FRBNForbion European Acquisition Corp - Class A$343MFinancial ServicesShell Companies-0.42
CHPGChampionsGate Acquisition Corp - Class A$78MFinancial ServicesShell Companies-0.41
HKITHitek Global Inc - Class A$4.63MTechnologyInformation Technology Services-0.40
JFBJFB Construction Holdings$63MReal EstateReal Estate - Development-0.40
LWACLightWave Acquisition Corp - Class A$221MFinancial ServicesShell Companies-0.40
STBXStarbox Group Holdings Ltd$1.14MCommunication ServicesInternet Content & Information-0.39
HCMAUHCM III Acquisition Corp - Units (1 Ord Cls A & 1 War)$77MFinancial ServicesShell Companies-0.39
ALMAlma Metals Limited$3.90BBasic MaterialsOther Industrial Metals & Mining-0.39
LAWRRobot Consulting Co. Ltd$158MIndustrialsConsulting Services-0.38
MINFT Ltd -Class A$2.92MConsumer CyclicalInternet Retail-0.38
LPAAULaunch One Acquisition Corp - Units (1 Ord Class A & 1/2 War)$251MFinancial ServicesShell Companies-0.38
TMUSZTMobile US Inc 5.500 Senior Notes due March 2070$24BN/AN/A-0.38
SSIISS Innovations International Inc$704MHealthcareMedical Devices-0.38
TVACUTexas Ventures Acquisition III Corp - Units (1 Ord Cls A & 1/2 War)$73MFinancial ServicesShell Companies-0.38
ESOAEnergy Services of America Corp$305MIndustrialsEngineering & Construction-0.37
MWGMulti Ways Holdings Ltd - Class A$5.10MIndustrialsRental & Leasing Services-0.36
EVACEDWARDS GROUP LTD Foreign$597MFinancial ServicesShell Companies-0.36
PMAXPowell Max Ltd - Class A$20MFinancial ServicesCapital Markets-0.36
NEE-P-UNextEra Energy Inc Series U Junior Subordinated Debentures due June 1 2085$51BN/AN/A-0.36
GSHRGesher Acquisition Corp II - Class A$157MFinancial ServicesShell Companies-0.36
AMRZAmrize Ltd$28BBasic MaterialsBuilding Materials-0.36
QSEARQuartzsea Acquisition Corp$845KN/AN/A-0.36
FSHPRFlag Ship Acquisition Corp$151KN/AN/A-0.36
DRDBWRoman DBDR Acquisition Corp II Warrants$8.22MN/AN/A-0.35
NMRANeumora Therapeutics Inc$293MHealthcareBiotechnology-0.35

ETFs that lowly correlated with DRMA

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
GLDNNICHOLAS GOLD INCOME ETF $2.50M1.07%Feb 17, 2026-1.00
EVMOEATON VANCE MORTGAGE OPPORTUNITIES ETF $882M0.45%Jul 28, 1997-0.61
RIFRRUSSELL INVESTMENTS GLOBAL INFRASTRUCTURE ETF $43M0.59%May 13, 2025-0.60
MUNDNORTHERN TRUST 2055 TAX-EXEMPT DISTRIBUTING LADDER ETF $4.20M0.18%Aug 18, 2025-0.58
BILTiShares Infrastructure Active ETF$32M0.60%Jul 29, 2025-0.57
MUNCNORTHERN TRUST 2045 TAX-EXEMPT DISTRIBUTING LADDER ETF $8.20M0.18%Aug 18, 2025-0.54
TIPCNORTHERN TRUST 2045 INFLATION-LINKED DISTRIBUTING LADDER ETF $3M0.10%Aug 18, 2025-0.52
MBSXREGAN FIXED RATE MBS ETF $17M0.40%Apr 30, 2025-0.51
CPAGFm Compoundr U.S. Aggregate Bond ETF$288M0.31%Aug 11, 2025-0.51
XOMXDirexion Daily XOM Bull 2X Shares$7.80MN/AApr 22, 2025-0.49
BESFBASTION ENERGY ETF $33M0.80%Jun 3, 2025-0.49
DVUTWEBS Defined Volatility XLU ETF$273K0.89%Jul 22, 2025-0.49
IAUINEOS GOLD HIGH INCOME ETF $448M0.79%Jun 4, 2025-0.48
TAXTNORTHERN TRUST TAX-EXEMPT BOND ETF $61M0.05%Aug 18, 2025-0.48
PLTZDefiance Daily Target 2x Short PLTR ETF$13MN/AJun 5, 2025-0.48
TAXINORTHERN TRUST INTERMEDIATE TAX-EXEMPT BOND ETF $160M0.05%Aug 18, 2025-0.48
INDHWISDOMTREE INDIA HEDGED EQUITY FUND $5.80M0.64%May 7, 2024-0.47
TLTXGLOBAL X TREASURY BOND ENHANCED INCOME ETF $14M0.29%Jul 15, 2025-0.47
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.47
GSKHGSK PLC ADRHEDGED $737K0.19%Jan 6, 2025-0.46
PALDDirexion Daily PANW Bear 1X Shares$1.80M1.02%Feb 10, 2025-0.46
GXPEGLOBAL X PURECAP MSCI ENERGY ETF $1.20M0.15%Jul 22, 2025-0.46
HECAHEDGEYE CAPITAL ALLOCATION ETF $312M1.30%Jun 30, 2025-0.46
BRKCYIELDMAX(R) BRK.B OPTION INCOME STRATEGY ETF $9.30M1.01%Jun 4, 2025-0.45
BLUIBLUEMONTE DIVERSIFIED INCOME ETF $105M0.75%Jun 20, 2025-0.43
YGLDSimplify Gold Strategy PLUS Income ETF$37M0.53%Dec 2, 2024-0.43
MUNBNORTHERN TRUST 2035 TAX-EXEMPT DISTRIBUTING LADDER ETF $14M0.18%Aug 18, 2025-0.42
QALTSEI DBI MULTI-STRATEGY ALTERNATIVE ETF $194M0.80%Jun 30, 2023-0.41
KGLDKurv Gold Enhanced Income ETF$97M1.00%Jul 7, 2025-0.41
GXPSGLOBAL X PURECAP MSCI CONSUMER STAPLES ETF $59M0.15%Jul 22, 2025-0.41
RNTYYIELDMAX(R) TARGET 12(TM) REAL ESTATE OPTION INCOME ETF $6.30M0.99%Apr 16, 2025-0.40
WCPBWeitz Core Plus Bond ETF$210M0.45%Aug 12, 2025-0.39
IBTQISHARES IBONDS DEC 2035 TERM TREASURY ETF $236M0.07%Mar 25, 2025-0.39
MUNYVANGUARD NEW YORK TAX-EXEMPT BOND ETF ETF SHARES$447M0.09%May 20, 2025-0.38
FMUNFIDELITY SYSTEMATIC MUNICIPAL BOND INDEX ETF $183M0.05%Jul 11, 2019-0.38
IOPPSIMPLIFY TARA INDIA OPPORTUNITIES ETF $7.10M0.73%Mar 4, 2024-0.38
VTELVANGUARD LONG-TERM TAX-EXEMPT BOND ETF ETF SHARES$288M0.09%May 20, 2025-0.38
BRKWROUNDHILL BRKB WEEKLYPAY ETF $16MN/AJun 17, 2025-0.38
WTMUWISDOMTREE CORE LADDERED MUNICIPAL FUND $9.30M0.25%Apr 1, 2025-0.37
BDBTBLUEMONTE CORE BOND ETF $480M0.23%Jun 20, 2025-0.37
WTMYWISDOMTREE HIGH INCOME LADDERED MUNICIPAL FUND $5.10M0.35%Apr 1, 2025-0.37
GTOCInvesco Core Fixed Income ETF$350M0.26%Jul 21, 2025-0.37
ZAPGLOBAL X U.S. ELECTRIFICATION ETF $485M0.50%Dec 17, 2024-0.37
DIVNHORIZON DIVIDEND INCOME ETF $191M0.70%Jun 25, 2025-0.37
IRVHGLOBAL X INTEREST RATE VOLATILITY & INFLATION HEDGE ETF $1.40M0.45%Jul 5, 2022-0.36
XLEISTATE STREET(R) ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF$40M0.35%Jul 29, 2025-0.36
NDIAGLOBAL X INDIA ACTIVE ETF $60M0.75%Aug 17, 2023-0.36
TIPBNORTHERN TRUST 2035 INFLATION-LINKED DISTRIBUTING LADDER ETF $8M0.10%Aug 18, 2025-0.36