91 Stocks and 9 ETFs for diversifying Everbright Digital (EDHL)
The least correlated asset to Everbright Digital (EDHL) is ETF NTRL (First Trust Equity Market Neutral ETF). The correlation is -1.
Stocks that lowly correlated with EDHL
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| OPTN | OptiNose Inc | $112M | N/A | N/A | -1.00 |
| SLGC | SomaLogic Inc - Class A | $393M | Healthcare | Health Information Services | -0.90 |
| KIRK | Brand House Collective Inc (The). | $37M | N/A | N/A | -0.83 |
| ESGR | Enstar Group Ltd | $5.09B | N/A | N/A | -0.82 |
| DRRX | Durect Corp | $60M | Healthcare | Drug Manufacturers - Specialty & Generic | -0.81 |
| CIO-P-A | City Office REIT Inc | $1.02B | N/A | Other | -0.71 |
| ANTE | AirNet Technology Inc | $89M | N/A | N/A | -0.71 |
| HOVNP | Hovnanian Enterprises Inc | $3.18B | Consumer Cyclical | Homebuilding & Construction Supplies | -0.71 |
| AD | Array Digital Infrastructure Inc | $3B | Communication Services | Telecom Services | -0.71 |
| ZTO | ZTO Express (Cayman) Inc | $19B | Industrials | Integrated Freight & Logistics | -0.71 |
| FGNXP | Fundamental Global Inc | $165M | Financial Services | Asset Management | -0.71 |
| PHLT | Performant Healthcare Inc | $626M | Healthcare | Health Information Services | -0.69 |
| HBANM | Huntington Bancshares Inc | $34B | Financial Services | Banks - Regional | -0.69 |
| CGABL | Carlyle Finance LLC | $16B | N/A | N/A | -0.69 |
| TSN | Tyson Foods Inc - Class A | $20B | Consumer Defensive | Farm Products | -0.68 |
| SCS | Steelcase Inc - Class A | $1.85B | Consumer Cyclical | Furnishings, Fixtures & Appliances | -0.68 |
| EMA | Emera Incorporated | $16B | Utilities | Utilities - Regulated Electric | -0.68 |
| XBIT | XBiotech Inc | $70M | Healthcare | Biotechnology | -0.67 |
| NHTC | Natural Health Trends Corp | $19M | Consumer Cyclical | Internet Retail | -0.66 |
| RGLS | Regulus Therapeutics Inc | $540M | N/A | N/A | -0.66 |
| RNLX | Renalytix Plc | $295M | N/A | N/A | -0.65 |
| HUYA | HUYA Inc | $553M | Communication Services | Entertainment | -0.64 |
| DLX | Deluxe Corp | $1.17B | Industrials | Conglomerates | -0.64 |
| IBP | Installed Building Products Inc | $6.16B | Consumer Cyclical | Residential Construction | -0.64 |
| LSAK | Lesaka Technologies Inc | $405M | Technology | Software - Infrastructure | -0.64 |
| ASLE | AerSale Corp | $284M | Industrials | Airports & Air Services | -0.63 |
| CTRE | CareTrust REIT Inc | $9.09B | Real Estate | Reit - Healthcare Facilities | -0.63 |
| NX | Quanex Building Products Corp | $810M | Industrials | Building Products & Equipment | -0.63 |
| ARTW | Art`s-way Manufacturing Co. Inc | $12M | Industrials | Farm & Heavy Construction Machinery | -0.63 |
| DTST | Data Storage Corp | $7.56M | Technology | Information Technology Services | -0.63 |
| ADN | Advent Technologies Holdings, Inc. Class A Common Stock | $2.71M | Industrials | Electrical Equipment & Parts | -0.63 |
| ZIMV | ZimVie Inc | $532M | Healthcare | Medical Devices | -0.62 |
| EFC-P-B | Ellington Financial Inc | $3.10B | N/A | N/A | -0.62 |
| WSO-B | Watsco Inc - Class B | $15B | Industrials | Industrial Distribution | -0.62 |
| ATLX | Atlas Lithium Corporation | $89M | Basic Materials | Other Industrial Metals & Mining | -0.62 |
| NEWTZ | NewtekOne Inc | $720M | N/A | Other | -0.62 |
| STRC | Microstrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock | $29B | Technology | Software - Application | -0.62 |
| CDLR | Cadeler AS | $2.10B | Industrials | Engineering & Construction | -0.62 |
| GYRO | Gyrodyne LLC | $13M | Real Estate | Real Estate Services | -0.61 |
| TBB | AT&T Inc | $148B | N/A | N/A | -0.61 |
| BNR | Burning Rock Biotech Ltd | $64M | Healthcare | Diagnostics & Research | -0.61 |
| MSB | Mesabi Trust | $329M | Basic Materials | Steel | -0.61 |
| KAI | Kadant Inc | $3.55B | Industrials | Specialty Industrial Machinery | -0.61 |
| AXIL | AXIL Brands Inc | $42M | Technology | Consumer Electronics | -0.61 |
| DTW | DTE Energy Company | $4.25B | N/A | N/A | -0.61 |
| CELC | Celcuity Inc | $4.42B | Healthcare | Biotechnology | -0.61 |
| BCO | Brink`s Company | $4.61B | Industrials | Security & Protection Services | -0.60 |
| VSAT | Viasat Inc | $9.62B | Technology | Communication Equipment | -0.60 |
| NKTX | Nkarta Inc | $198M | Healthcare | Biotechnology | -0.60 |
| SHIM | Shimmick Corp | $139M | Industrials | Engineering & Construction | -0.60 |
| TCBC | TC Bancshares Inc | $94M | Financial Services | Banks - Regional | -0.60 |
| SUIG | Sui Group Holdings Ltd | $92M | Financial Services | Credit Services | -0.60 |
| ARDX | Ardelyx Inc | $1.31B | Healthcare | Biotechnology | -0.60 |
| BNKK | Bonk Inc | $10M | Financial Services | Asset Management | -0.60 |
| GBIO | Generation Bio Company | $36M | Healthcare | Biotechnology | -0.60 |
| CDR-P-B | Cedar Realty Trust Inc | $268M | N/A | Other | -0.59 |
| DXPE | DXP Enterprises Inc | $2.57B | Industrials | Industrial Distribution | -0.59 |
| HBANL | Huntington Bancshares Inc | $51B | Financial Services | Banks - Regional | -0.59 |
| ZEPP | Zepp Health Corporation | $82M | Technology | Consumer Electronics | -0.59 |
| PLAB | Photronics Inc | $1.73B | Technology | Semiconductor Equipment & Materials | -0.59 |
| WDH | Waterdrop Inc | $419M | Financial Services | Insurance - Diversified | -0.59 |
| SMID | Smith-Midland Corp | $155M | Basic Materials | Building Materials | -0.59 |
| SITE | SiteOne Landscape Supply Inc | $4.64B | Industrials | Industrial Distribution | -0.59 |
| BWMX | Betterware de Mexico S.A.P.I. de C.V | $675M | Consumer Cyclical | Specialty Retail | -0.59 |
| CUBB | Customers Bancorp Inc | $750M | N/A | N/A | -0.59 |
| RILYZ | B. Riley Financial Inc | $513M | N/A | Other | -0.59 |
| NRP | Natural Resource Partners LP | $1.30B | Energy | Thermal Coal | -0.59 |
| PKE | Park Aerospace Corp | $670M | Industrials | Aerospace & Defense | -0.58 |
| TAP | Molson Coors Beverage Company - Class B | $7.89B | Consumer Defensive | Beverages - Brewers | -0.58 |
| LANDM | Gladstone Land Corp | $413M | Real Estate | Reit - Specialty | -0.58 |
| PCH | PotlatchDeltic Corp | $3.23B | Real Estate | Reit - Specialty | -0.58 |
| LITS | Lite Strategy Inc | $35M | Healthcare | Biotechnology | -0.58 |
| SOJD | Southern Company | $22B | N/A | N/A | -0.58 |
| YMT | Yimutian Inc | $111M | Technology | Software - Application | -0.58 |
| YMAB | Y-Mabs Therapeutics Inc | $390M | Healthcare | Biotechnology | -0.58 |
| AAME | Atlantic American Corp | $33M | Financial Services | Insurance - Life | -0.58 |
| HE | Hawaiian Electric Industries Inc | $2.33B | Utilities | Utilities - Regulated Electric | -0.58 |
| GPJA | Georgia Power Company | $247M | N/A | N/A | -0.58 |
| SUPN | Supernus Pharmaceuticals Inc | $2.77B | Healthcare | Drug Manufacturers - Specialty & Generic | -0.58 |
| SAMG | Silvercrest Asset Management Group Inc - Class A | $78M | Financial Services | Asset Management | -0.58 |
| AGH | Aureus Greenway Holdings Inc | $87M | Consumer Cyclical | Leisure | -0.58 |
| GPMT-P-A | Granite Point Mortgage Trust Inc | $960M | N/A | N/A | -0.57 |
| CIO | CITY OFFICE REIT, INC. | $282M | Real Estate | Reit - Office | -0.57 |
| DDL | Dingdong (Cayman) Ltd | $496M | Consumer Defensive | Grocery Stores | -0.57 |
| HBANP | Huntington Bancshares Inc | $27B | Financial Services | Banks - Regional | -0.57 |
| SNWV | Sanuwave Health Inc | $87M | Healthcare | Medical Devices | -0.57 |
| RILYL | B. Riley Financial Inc | $513M | Financial Services | Financial Conglomerates | -0.57 |
| GLIBK | GCI Liberty Inc | $877M | Communication Services | Telecom Services | -0.57 |
| TURN | 180 Degree Capital Corp | $50M | Financial Services | Asset Management | -0.57 |
| RAY | Raytech Holding Ltd | $8.20M | Consumer Defensive | Household & Personal Products | -0.57 |
| VOD | Vodafone Group plc | $37B | Communication Services | Telecom Services | -0.57 |
ETFs that lowly correlated with EDHL
| Symbol | Name | AUM | Expense Ratio | Inception Date | Correlation |
|---|---|---|---|---|---|
| NTRL | First Trust Equity Market Neutral ETF | $19M | 0.95% | Feb 4, 2020 | -1.00 |
| XCOM | Ultra Communication Services Select Sector ETF | $384K | N/A | Jun 2, 2026 | -1.00 |
| ONG | Leverage Shares 2X Long ON Daily ETF | $1.90M | N/A | Jun 1, 2026 | -1.00 |
| TUR | ISHARES MSCI TURKEY ETF | $198M | 0.59% | Mar 26, 2008 | -0.65 |
| BDRY | Breakwave Dry Bulk Shipping ETF | $30M | 3.50% | Mar 21, 2018 | -0.62 |
| BOEG | LEVERAGE SHARES 2X LONG BA DAILY ETF | $4.80M | N/A | Jun 12, 2025 | -0.61 |
| PALD | Direxion Daily PANW Bear 1X Shares | $1.80M | 1.02% | Feb 10, 2025 | -0.60 |
| EWM | ISHARES MSCI MALAYSIA ETF | $324M | 0.50% | Mar 12, 1996 | -0.58 |
| PMJN | PGIM S&P 500 MAX BUFFER ETF - JUNE | $5.10M | 0.50% | May 30, 2025 | -0.57 |