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71 Stocks and 29 ETFs for diversifying Deswell Industries (DSWL)

The least correlated asset to Deswell Industries (DSWL) is company Slide Insurance (SLDE). The correlation is -0.7628.

Stocks that lowly correlated with DSWL

SymbolName
Market cap
SectorIndustry
Correlation
SLDESlide Insurance Holdings Inc$2.20BFinancial ServicesInsurance - Property & Casualty-0.76
CHAChagee Holdings Ltd$1.65BConsumer CyclicalRestaurants-0.75
GIBOGIBO Holdings Ltd$42MCommunication ServicesInternet Content & Information-0.73
NPACNew Providence Acquisition Corp III - Class A$397MFinancial ServicesShell Companies-0.69
IPCXInflection Point Acquisition Corp III - Class A$261MFinancial ServicesShell Companies-0.65
DAAQDigital Asset Acquisition Corp - Class A$178MFinancial ServicesShell Companies-0.65
CRAQCal Redwood Acquisition Corp$320MFinancial ServicesShell Companies-0.59
TLXTelix Pharmaceuticals Ltd$3.30BHealthcareBiotechnology-0.58
TRONCorner Growth Acquisition Corp 2 - Class A$996MConsumer CyclicalLeisure-0.55
VEEAVeea Inc$35MTechnologyInformation Technology Services-0.50
ALPSAlpine Summit Energy Partners Inc$24MN/AOil & Gas-0.49
LCCCLakeshore Acquisition III Corp$72MFinancial ServicesShell Companies-0.48
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.47
DFSCDEFSEC Technologies Inc Com$8.73MIndustrialsAerospace & Defense-0.47
SCAGScage Future$38MIndustrialsFarm & Heavy Construction Machinery-0.45
GETGetnetAdquirencia e Servicos para Meios de Pagamento S.A. - Instituica$88MN/AN/A-0.45
MASK3 E Network Technology Group Ltd - Class A$1.60MTechnologySoftware - Application-0.44
HBNBHotel101 Global Holdings Corp$1.36BReal EstateReal Estate Services-0.43
OMSEOMS Energy Technologies Inc$201MEnergyOil & Gas Equipment & Services-0.43
VOYGVoyager Technologies Inc - Class A$2.83BIndustrialsAerospace & Defense-0.43
WFFWF Holding Ltd$10MIndustrialsSpecialty Industrial Machinery-0.43
CCIXUChurchill Capital Corp IX - Units (1 Ord Share Class A & 1/4 War)$66MFinancial ServicesShell Companies-0.42
BEAGBold Eagle Acquisition Corp$273MFinancial ServicesShell Companies-0.41
TE-WST1 Energy Inc Wt Exp$636MN/AN/A-0.41
STAKStak Inc$17MEnergyOil & Gas Equipment & Services-0.40
CUBLionheart Holdings - Class A$249MFinancial ServicesShell Companies-0.40
FTRKFast Track Group.$8.26MCommunication ServicesEntertainment-0.40
TGEGeneration Essentials Group - Class A$370MFinancial ServicesAsset Management-0.40
SAFXXCF Global Inc$126MUtilitiesUtilities - Renewable-0.40
LOKVLive Oak Acquisition Corp V - Class A$243MFinancial ServicesShell Companies-0.39
MBAVM3 Brigade Acquisition V Corp - Class A$310MFinancial ServicesShell Companies-0.39
COOTAustralian Oilseeds Holdings Ltd$18MConsumer DefensivePackaged Foods-0.38
DTSQDT Cloud Star Acquisition Corp$70MFinancial ServicesShell Companies-0.38
ALCYAlchemy Investments Acquisition Corp 1 Class A Ordinary Shares$49MFinancial ServicesShell Companies-0.38
ISRLUIsrael Acquisitions Corp - Units (1 Ord Share Class A & 1 War)$24MFinancial ServicesShell Companies-0.38
DRDBRoman DBDR Acquisition Corp II$242MFinancial ServicesShell Companies-0.38
EQVEQV Ventures Acquisition Corp.$466MFinancial ServicesShell Companies-0.38
NCEWNew Century Logistics (BVI) Ltd$58MIndustrialsIntegrated Freight & Logistics-0.38
CEPTCantor Equity Partners II Inc - Class A$284MFinancial ServicesShell Companies-0.37
BEAGRBold Eagle Acquisition Corp Right$1.23MN/AN/A-0.37
ANGXAngel Studios Inc - Class A$474MCommunication ServicesEntertainment-0.37
OSTOstin Technology Group Co Ltd$3.87MTechnologyElectronic Components-0.37
ANNAAleAnna Inc - Class A$122MEnergyOil & Gas E&p-0.37
HVIIRHennessy Capital Investment Corp VII Rights$482KN/AN/A-0.36
CHPGChampionsGate Acquisition Corp - Class A$77MFinancial ServicesShell Companies-0.36
BYAHPark Ha Biological Technology Co Ltd$917KConsumer DefensiveHousehold & Personal Products-0.36
VELOVelocity Acquisition Corp - Class A$676MTechnologyComputer Hardware-0.36
SDHISiddhi Acquisition Corp - Class A$287MFinancial ServicesShell Companies-0.36
YAASYouxin Technology Ltd - Class A$8.49MTechnologySoftware - Application-0.35
TWFGTWFG Inc - Class A$275MFinancial ServicesInsurance Brokers-0.35
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.35
WWACUAeries Technology Inc - Units (1 Ord Class A & 1/2 War)$41MN/AN/A-0.35
OHPAOrion Acquisition Corp - Class A$417MN/AN/A-0.35
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.35
NVANova Minerals Ltd$296MBasic MaterialsOther Industrial Metals & Mining-0.34
RDAGRepublic Digital Acquisition Co. - Class A$310MFinancial ServicesShell Companies-0.34
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.34
TMDETMD Energy Ltd$18MEnergyOil & Gas Midstream-0.34
NPACUNew Providence Acquisition Corp III - Units (1 Ord Share Class A & 1/3 War)$68MFinancial ServicesShell Companies-0.34
PFAIPinnacle Food Group Ltd - Class A$46MConsumer DefensiveFarm Products-0.34
STRZStarz Entertainment Corp$380MCommunication ServicesEntertainment-0.33
LPAALaunch One Acquisition Corp - Class A$249MFinancial ServicesShell Companies-0.33
RAAQReal Asset Acquisition Corp - Class A$196MFinancial ServicesShell Companies-0.33
RYETRuanyun Edai Technology Inc$28MConsumer DefensiveEducation & Training Services-0.33
EONRHNR Acquisition Corp$22MEnergyOil & Gas E&p-0.32
CEPOCantor Equity Partners I Inc - Class A$270MFinancial ServicesShell Companies-0.32
JEM707 Cayman Holdings Ltd$1.99MConsumer CyclicalApparel Retail-0.32
HCHLHappy City Holdings Ltd - Class A$59MConsumer CyclicalRestaurants-0.32
ULSUL Solutions Inc - Class A$20BIndustrialsSpecialty Business Services-0.32
HONDHCM II Acquisition Corp. Class A Ordinary Shares$519MFinancial ServicesShell Companies-0.32
ETOREtoro Group Ltd - Class A$3.64BFinancial ServicesCapital Markets-0.31

ETFs that lowly correlated with DSWL

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.46
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.42
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.41
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.40
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.40
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.39
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.39
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $16M0.96%Aug 8, 2022-0.39
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.39
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.38
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.37
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.37
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.36
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $23M0.50%Mar 6, 2024-0.34
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.34
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.34
GGLSDIREXION DAILY GOOGL BEAR 1X SHARES $17M1.02%Sep 6, 2022-0.34
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.34
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.33
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.33
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.33
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.32
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.32
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.32
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.32
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.31
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.31
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.31
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $210M0.50%May 10, 2021-0.31