53 Stocks and 47 ETFs for diversifying Envela (ELA)
The least correlated asset to Envela (ELA) is ETF XLUI (STATE STREET(R) UTILITIES SELECT SECTOR SPDR(R) PREMIUM INCOME ETF). The correlation is -0.716.
Stocks that lowly correlated with ELA
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| LZMH | LZ Technology Holdings Ltd - Class B | $9.02M | Technology | Information Technology Services | -0.63 |
| KWM | K Wave Media Ltd | $7.63M | Communication Services | Entertainment | -0.62 |
| SZZLU | Sizzle Acquisition Corp II - Units (1 Ord Cls A & 1 Rts) | $70M | Financial Services | Shell Companies | -0.62 |
| GLIBK | GCI Liberty Inc | $877M | Communication Services | Telecom Services | -0.61 |
| AGM-P-H | Federal Agricultural Mortgage Corp | $259M | N/A | N/A | -0.56 |
| SMA | Smartstop Self Storage REIT Inc | $1.83B | Real Estate | Reit - Industrial | -0.54 |
| MIMI | Mint Inc Ltd - Class A | $4.72M | Industrials | Engineering & Construction | -0.53 |
| AAPG | Ascentage Pharma Group International | $1.87B | Healthcare | Biotechnology | -0.53 |
| DAAQU | Digital Asset Acquisition Corp - Units (1 Ord Cls A & 1/2 War) | $55M | Financial Services | Shell Companies | -0.51 |
| RAC | Rithm Acquisition Corp. | $247M | Financial Services | Shell Companies | -0.50 |
| GIG | GigCapital7 Corp - Class A | $353M | Financial Services | Shell Companies | -0.49 |
| NTWO | N/A | $184M | Financial Services | Shell Companies | -0.49 |
| RDAGU | Republic Digital Acquisition Co. - Units (1 Ord Cls A & 1/2 War) | $42M | Financial Services | Shell Companies | -0.48 |
| GPAT | GP-Act III Acquisition Corp - Class A | $314M | Financial Services | Shell Companies | -0.48 |
| CJMB | Callan Jmb Inc | $4.21M | Industrials | Integrated Freight & Logistics | -0.47 |
| YB | Yuanbao Inc | $656M | Technology | Software - Application | -0.47 |
| FORL | Four Leaf Acquisition Corporation Class A Common Stock | $47M | N/A | N/A | -0.47 |
| IQST | iQSTEL Inc | $4.55M | Communication Services | Telecom Services | -0.47 |
| CIGL | Concorde International Group Ltd Class A Ordinary Shares | $41M | Industrials | Security & Protection Services | -0.47 |
| POLE | Andretti Acquisition Corp II - Class A | $248M | Financial Services | Shell Companies | -0.45 |
| ACFN | N/A | $45M | Technology | Scientific & Technical Instruments | -0.44 |
| FVNNR | Future Vision II Acquisition Corporation Right | $341K | N/A | N/A | -0.44 |
| APAD | Enhanced Group Inc - Class A | $161M | Financial Services | Shell Companies | -0.44 |
| PMI | Picard Medical Inc | $11M | Healthcare | Medical Devices | -0.44 |
| GTENU | Gores Holdings X Inc - Units (1 Ord Class A & 1/4 War) | $96M | Financial Services | Shell Companies | -0.44 |
| TAVI | Tavia Acquisition Corp | $122M | Financial Services | Shell Companies | -0.44 |
| ETS | Elite Express Holding Inc - Class A | $13M | Industrials | Trucking | -0.43 |
| CCII | Cohen Circle Acquisition Corp II - Class A | $269M | Financial Services | Shell Companies | -0.43 |
| MBAVW | M3 Brigade Acquisition V Corp - Warrants(02/07/2029) | $22M | N/A | N/A | -0.43 |
| MACI | Melar Acquisition Corp I - Class A | $175M | Financial Services | Shell Companies | -0.43 |
| PGAC | Pantages Capital Acquisition Corp Cl A Ord Shs | $118M | Financial Services | Shell Companies | -0.42 |
| SVNAU | 7 Acquisition Corp - Units (1 Ord Share Class A & 1/2 War) | $301M | N/A | N/A | -0.42 |
| RTACU | Renatus Tactical Acquisition Corp I - Units (1 Ord Cls A & 1/2 War) | $77M | Financial Services | Shell Companies | -0.41 |
| LPAAU | Launch One Acquisition Corp - Units (1 Ord Class A & 1/2 War) | $251M | Financial Services | Shell Companies | -0.41 |
| ASPCR | A SPAC III Acquisition Corp | $196K | N/A | N/A | -0.41 |
| GLXG | Galaxy Payroll Group Ltd | $3.87M | Industrials | Staffing & Employment Services | -0.40 |
| LPAA | Launch One Acquisition Corp - Class A | $250M | Financial Services | Shell Companies | -0.40 |
| SARO | StandardAero Inc | $9.15B | Industrials | Aerospace & Defense | -0.40 |
| LPBB | Launch Two Acquisition Corp | $247M | Financial Services | Shell Companies | -0.40 |
| LIMN | Liminatus Pharma Inc | $5.14M | Healthcare | Biotechnology | -0.39 |
| CCEC | Capital Clean Energy Carriers Corp | $1.33B | Industrials | Marine Shipping | -0.39 |
| MCTR | CTRL Group Ltd | $15M | Communication Services | Advertising Agencies | -0.39 |
| FVN | Future Vision II Acquisition Corporation | $63M | Financial Services | Shell Companies | -0.39 |
| GIBO | GIBO Holdings Ltd | $106M | Communication Services | Internet Content & Information | -0.38 |
| KG | KING PHARMACEUTICALS INC | $77M | Financial Services | Insurance - Reinsurance | -0.38 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.38 |
| RBNE | Robin Energy Ltd | $4.88M | Energy | Oil & Gas Midstream | -0.38 |
| MCGAU | Yorkville Acquisition Corp - Units (1 Ord Cls A & 1/3 War) | $52M | Financial Services | Shell Companies | -0.38 |
| SZZLR | Sizzle Acquisition Corp II | $1.47M | N/A | N/A | -0.37 |
| WXM | WF International Ltd | $3.63M | Industrials | Industrial Distribution | -0.37 |
| OACC | Oaktree Acquisition Corp III Life Sciences - Class A | $205M | Financial Services | Shell Companies | -0.37 |
| WTGUR | Wintergreen Acquisition Corp | $237K | N/A | N/A | -0.37 |
| BAYAR | Bayview Acquisition Corp | $143K | N/A | N/A | -0.37 |