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48 Stocks and 52 ETFs for diversifying Eledon Pharmaceuticals (ELDN)

The least correlated asset to Eledon Pharmaceuticals (ELDN) is company Jefferson Capital (JCAP). The correlation is -0.7194.

Stocks that lowly correlated with ELDN

SymbolName
Market cap
SectorIndustry
Correlation
JCAPJefferson Capital Inc$950MFinancial ServicesCredit Services-0.72
NTWOUNewbury Street II Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$183MFinancial ServicesShell Companies-0.56
IPEXUInflection Point Acquisition Corp V - Units (1 Ord Cls A & 1 Rts)$29MFinancial ServicesShell Companies-0.53
FTRKFast Track Group.$8.26MCommunication ServicesEntertainment-0.50
ASICAtegrity Specialty Holdings LLC$969MFinancial ServicesInsurance - Property & Casualty-0.49
ASPCAlpha Capital Acquisition Co - Class A$17MFinancial ServicesShell Companies-0.45
VZLAVizsla Silver Corp$1.25BBasic MaterialsOther Industrial Metals & Mining-0.45
PACSPACS Group Inc$6.16BHealthcareMedical Care Facilities-0.44
PCPremium Catering (Holdings) Ltd$30MIndustrialsSpecialty Business Services-0.43
KFIIUK&F Growth Acquisition Corp II - Units (1 Ord Cls A & 1 Rts)$314MFinancial ServicesShell Companies-0.42
WGRXWellgistics Health Inc$7.55MHealthcarePharmaceutical Retailers-0.42
PCCTSpectaire Holdings Inc - Class A$49MN/AN/A-0.42
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.41
BBNXBeta Bionics Inc$518MHealthcareMedical Devices-0.41
FGLFounder Group Ltd$2.30MIndustrialsEngineering & Construction-0.40
RHLDResolute Holdings Management Inc$948MIndustrialsSpecialty Business Services-0.40
YHNAYHN Acquisition I Ltd$63MFinancial ServicesShell Companies-0.40
HBNBHotel101 Global Holdings Corp$1.36BReal EstateReal Estate Services-0.40
PALProficient Auto Logistics Inc$146MIndustrialsIntegrated Freight & Logistics-0.39
DXSTDecent Holding Inc$1.65MIndustrialsWaste Management-0.38
NOEMRCO2 Energy Transition Corp$537KN/AN/A-0.38
CICBCION Investment Corporation 7.50 Notes due 2029$1.26BN/AN/A-0.38
MEOAMinority Equality Opportunities Acquisition Inc - Class A$114MN/AN/A-0.38
NWGLNature Wood Group Ltd$13MBasic MaterialsLumber & Wood Production-0.37
PLMKUPlum Acquisition Corp IV - Units (1 Ord cls A & 1/2 Warr)$54MFinancial ServicesShell Companies-0.37
GRAFGraf Global Corp - Class A$311MFinancial ServicesShell Companies-0.37
JCICUJack Creek Investment Corp - Units (1 Ord Share Class A & 1/2 War)$432MN/AN/A-0.36
CHYMChime Financial Inc - Class A$6.59BTechnologySoftware - Application-0.35
SCAGScage Future$38MIndustrialsFarm & Heavy Construction Machinery-0.34
SGDSafe and Green Development Corp$588KN/AN/A-0.34
IZMIczoom Group Inc - Class A$4.30MTechnologyElectronics & Computer Distribution-0.34
ASPCUA SPAC III Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$19MFinancial ServicesShell Companies-0.34
GSRTUGSR III Acquisition Corp - Units (1 Ord Class A & 1/7 Rts)$467MN/AN/A-0.33
ZBIOZenas Biopharma Inc$1.13BHealthcareBiotechnology-0.32
DAICCID HoldCo Inc$5.39MTechnologyInformation Technology Services-0.32
UYSCRUY Scuti Acquisition Corp$277KN/AN/A-0.32
NETDUNabors Energy Transition Corp II - Units (1 Ord Class A & 1/2 War)$73MFinancial ServicesShell Companies-0.31
AAMAA Mission Acquisition Corp.$368MFinancial ServicesShell Companies-0.31
GENVRGen Digital Inc$1.02BN/AN/A-0.31
SFWLShengfeng Development Ltd - Class A$72MIndustrialsIntegrated Freight & Logistics-0.31
BGMQilian International Holding Group Ltd - Class A$7.45MHealthcareDrug Manufacturers - Specialty & Generic-0.30
ESHAESH Acquisition Corp - Class A$45MFinancial ServicesShell Companies-0.30
UPBUpstream Bio Inc$450MHealthcareBiotechnology-0.29
AMRZAmrize Ltd$29BBasic MaterialsBuilding Materials-0.29
BYAHPark Ha Biological Technology Co Ltd$917KConsumer DefensiveHousehold & Personal Products-0.29
OAKUROak Woods Acquisition Corp$321KN/AN/A-0.29
DRDBWRoman DBDR Acquisition Corp II Warrants$8.22MN/AN/A-0.29
ZINGUFTAC Zeus Acquisition Corp - Units (1 Ord Share Class A & 1/2 War)$587MN/AN/A-0.28

ETFs that lowly correlated with ELDN

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
MSDDGRANITESHARES 2X SHORT MSTR DAILY ETF $1MN/AJun 9, 2025-0.70
SHRTGOTHAM SHORT STRATEGIES ETF $17M1.35%Jul 31, 2017-0.57
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $4.80MN/AMar 31, 2025-0.54
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $39M1.05%Jul 9, 2024-0.53
MSTZT-REX 2X INVERSE MSTR DAILY TARGET ETF $110MN/ASep 17, 2024-0.50
SMSTDEFIANCE DAILY TARGET 2X SHORT MSTR ETF $31MN/AAug 20, 2024-0.49
WNTRYieldMax Short MSTR Option Income Strategy ETF$72M1.00%Mar 26, 2025-0.49
BRKWROUNDHILL BRKB WEEKLYPAY ETF $16MN/AJun 17, 2025-0.47
APPXTRADR 2X LONG APP DAILY ETF$140MN/AApr 24, 2025-0.46
MLDRGLOBAL X INTERMEDIATE-TERM TREASURY LADDER ETF $9.30M0.12%Sep 9, 2024-0.45
CONIGRANITESHARES 2X SHORT COIN DAILY ETF $17MN/ASep 4, 2024-0.45
SLDRGLOBAL X SHORT-TERM TREASURY LADDER ETF $40M0.12%Sep 9, 2024-0.44
CAFXCONGRESS INTERMEDIATE BOND ETF $325M0.35%Sep 9, 2024-0.43
MYCHSPDR SSGA My2028 Corporate Bond ETF$418M0.15%Sep 23, 2024-0.43
GENTGENTER CAPITAL TAXABLE QUALITY INTERMEDIATE ETF $92M0.38%May 21, 2024-0.42
MYCGSPDR SSGA My2027 Corporate Bond ETF$30M0.15%Sep 23, 2024-0.42
DEFRAPTUS DEFERRED INCOME ETF$116M0.79%May 13, 2025-0.41
LDRHISHARES IBONDS 1-5 YEAR HIGH YIELD AND INCOME LADDER ETF $7.90M0.35%Nov 7, 2024-0.39
ADBGLEVERAGE SHARES 2X LONG ADBE DAILY ETF $39MN/AMar 20, 2025-0.39
BTCZT-REX 2X INVERSE BITCOIN DAILY TARGET ETF $26MN/AJul 9, 2024-0.39
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $9.80M1.05%Jul 23, 2024-0.38
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $21M1.03%Feb 11, 2025-0.38
AUMITHEMES GOLD MINERS ETF $30M0.35%Dec 12, 2023-0.38
FPASFPA SHORT DURATION GOVERNMENT ETF $6.90M0.10%Oct 31, 2024-0.37
LDRCISHARES IBONDS 1-5 YEAR CORPORATE LADDER ETF $77M0.10%Nov 7, 2024-0.37
GDXYYIELDMAX(R) GOLD MINERS OPTION INCOME STRATEGY ETF $283M1.00%May 20, 2024-0.37
MYCISPDR SSGA My2029 Corporate Bond ETF$35M0.15%Sep 23, 2024-0.37
SBITProShares UltraShort Bitcoin ETF$183MN/AApr 1, 2024-0.36
BRKUDIREXION DAILY BRKB BULL 2X SHARES $58MN/ADec 10, 2024-0.36
MYCJSPDR SSGA My2030 Corporate Bond ETF$40M0.15%Sep 23, 2024-0.36
RDTLGRANITESHARES 2X LONG RDDT DAILY ETF $53MN/AMar 24, 2025-0.35
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.35
USSHWISDOMTREE 1-3 YEAR LADDERED TREASURY FUND $23M0.15%Mar 12, 2024-0.35
SDFISOUND FIXED INCOME ETF $173M0.30%Dec 12, 2018-0.35
IBTPISHARES IBONDS DEC 2034 TERM TREASURY ETF $267M0.07%Jun 11, 2024-0.35
ODHYOBRA DEFENSIVE HIGH YIELD ETF$5.10M0.50%Jun 30, 2025-0.34
EVSDEaton Vance Short Duration Income ETF$1.20B0.24%Mar 31, 1992-0.33
GBUGSprott Active Gold & Silver Miners$164M0.90%Feb 19, 2025-0.33
TSIIREX TSLA GROWTH & INCOME ETF $41MN/AJun 3, 2025-0.33
EDGF3EDGE DYNAMIC FIXED INCOME ETF $506M0.79%Oct 2, 2024-0.33
CRMGLEVERAGE SHARES 2X LONG CRM DAILY ETF $31MN/AFeb 9, 2026-0.32
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.32
TRSYXtrackers US 0-1 Year Treasury ETF$74M0.06%Oct 8, 2024-0.32
CAAAFIRST TRUST COMMERCIAL MORTGAGE OPPORTUNITIES ETF $33M0.30%Feb 27, 2024-0.31
PLTGLEVERAGE SHARES 2X LONG PLTR DAILY ETF $26MN/AApr 24, 2025-0.31
WZRDOpportunistic Trader ETF$3.90M1.00%Jun 24, 2025-0.31
SECRNYLI MACKAY SECURITIZED INCOME ETF $160M0.28%May 30, 2024-0.31
MYCKSPDR SSGA My2031 Corporate Bond ETF$16M0.15%Sep 23, 2024-0.30
MYCFSPDR SSGA My2026 Corporate Bond ETF$46M0.15%Sep 23, 2024-0.30
SPTBSPDR PORTFOLIO TREASURY ETF $187M0.03%May 20, 2024-0.30
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.30
BRKCYIELDMAX(R) BRK.B OPTION INCOME STRATEGY ETF $7.20M1.01%Jun 4, 2025-0.29