50 Stocks and 50 ETFs for diversifying Electromed (ELMD)
The least correlated asset to Electromed (ELMD) is ETF QCMD (Direxion Daily QCOM Bear 1X ETF). The correlation is -0.8367.
Stocks that lowly correlated with ELMD
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| GSRM | Bitcoin Depot Inc - Class A | $54M | N/A | N/A | -0.67 |
| SLXN | Silexion Therapeutics Corp | $1.30M | Healthcare | Biotechnology | -0.64 |
| UBXG | U-BX Technology Ltd | $37M | Technology | Software - Infrastructure | -0.63 |
| LZMH | LZ Technology Holdings Ltd - Class B | $9.09M | Technology | Information Technology Services | -0.63 |
| SZZLU | Sizzle Acquisition Corp II - Units (1 Ord Cls A & 1 Rts) | $70M | Financial Services | Shell Companies | -0.59 |
| RNERU | Mount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt) | $125M | N/A | N/A | -0.52 |
| RIBBU | Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $56M | Financial Services | Shell Companies | -0.52 |
| FVN | Future Vision II Acquisition Corporation | $62M | Financial Services | Shell Companies | -0.51 |
| GSHR | Gesher Acquisition Corp II - Class A | $155M | Financial Services | Shell Companies | -0.51 |
| RAC | Rithm Acquisition Corp. | $247M | Financial Services | Shell Companies | -0.51 |
| YB | Yuanbao Inc | $971M | Technology | Software - Application | -0.50 |
| BEPC | Brookfield Renewable Corporation (Exchangeable Shares) - Class A | $7.15B | Utilities | Utilities - Renewable | -0.50 |
| DHCA | DHC Acquisition Corp - Class A | $16M | N/A | N/A | -0.48 |
| LIONU | Lionheart III Corp - Units (1 Ord Share Class A & 1/2 War) | $113M | N/A | N/A | -0.48 |
| AAPG | Ascentage Pharma Group International | $1.93B | Healthcare | Biotechnology | -0.47 |
| AAM | AA Mission Acquisition Corp. | $368M | Financial Services | Shell Companies | -0.46 |
| GIG | GigCapital7 Corp - Class A | $353M | Financial Services | Shell Companies | -0.45 |
| CUPR | Cuprina Holdings (Cayman) Ltd - Class A | $5.42M | Healthcare | Medical Instruments & Supplies | -0.45 |
| EMA | Emera Incorporated | $16B | Utilities | Utilities - Regulated Electric | -0.44 |
| SZZLR | Sizzle Acquisition Corp II | $1.07M | N/A | N/A | -0.43 |
| POLE | Andretti Acquisition Corp II - Class A | $247M | Financial Services | Shell Companies | -0.43 |
| KWM | K Wave Media Ltd | $16M | Communication Services | Entertainment | -0.41 |
| CAPN | Cayson Acquisition Corp | $63M | Financial Services | Shell Companies | -0.40 |
| GPAT | GP-Act III Acquisition Corp - Class A | $311M | Financial Services | Shell Companies | -0.39 |
| PLMIU | Plum Acquisition Corp I - Units (1 Ord Share Class A & 1/5 War) | $232M | N/A | N/A | -0.39 |
| LPAA | Launch One Acquisition Corp - Class A | $249M | Financial Services | Shell Companies | -0.39 |
| GMM | Global Mofy Metaverse Ltd | $2.18M | Technology | Information Technology Services | -0.38 |
| VACH | Voyager Acquisition Corp - Class A | $279M | Financial Services | Shell Companies | -0.37 |
| JACS | Jackson Acquisition Company II Class A | $244M | Financial Services | Shell Companies | -0.37 |
| RFAI | RF Acquisition Corp II | $116M | Financial Services | Shell Companies | -0.36 |
| CJMB | Callan Jmb Inc | $4.15M | Industrials | Integrated Freight & Logistics | -0.36 |
| TDAC | Translational Development Acquisition Corp. Ordinary Shares | $185M | Financial Services | Shell Companies | -0.35 |
| CUB | Lionheart Holdings - Class A | $249M | Financial Services | Shell Companies | -0.35 |
| ASPCR | A SPAC III Acquisition Corp | $151K | N/A | N/A | -0.35 |
| MNTN | MNTN Inc - Class A | $653M | Technology | Software - Application | -0.34 |
| ADGM | Adagio Medical Holdings Inc | $17M | Healthcare | Medical Devices | -0.34 |
| TRUG | TruGolf Holdings Inc - Class A | $1.24M | Consumer Cyclical | Leisure | -0.34 |
| WSBK | Winchester Bancorp Inc | $119M | Financial Services | Banks - Regional | -0.34 |
| DRDBU | Roman DBDR Acquisition Corp II - Units (1 Ord Cls A & 1/2 War) | $243M | Financial Services | Shell Companies | -0.34 |
| IQST | iQSTEL Inc | $6.04M | Communication Services | Telecom Services | -0.34 |
| ELPC | Cia Paranaense De Energia Copel ADR (Representing ) | $8.52B | Utilities | Utilities - Regulated Electric | -0.33 |
| RDAGU | Republic Digital Acquisition Co. - Units (1 Ord Cls A & 1/2 War) | $42M | Financial Services | Shell Companies | -0.33 |
| LCCCU | Lakeshore Acquisition III Corp - Units (1 Ord Shs & 1 Rts) | $21M | Financial Services | Shell Companies | -0.33 |
| JEM | 707 Cayman Holdings Ltd | $1.99M | Consumer Cyclical | Apparel Retail | -0.33 |
| PC | Premium Catering (Holdings) Ltd | $30M | Industrials | Specialty Business Services | -0.33 |
| LEGT | Legato Merger Corp III | $229M | Financial Services | Shell Companies | -0.33 |
| TBMCR | Trailblazer Merger Corp I | $5.05M | N/A | N/A | -0.33 |
| LPBBU | Launch Two Acquisition Corp - Units (1 Ord Class A & 1/2 War) | $247M | Financial Services | Shell Companies | -0.32 |
| FOXX | Foxx Development Holdings Inc | $20M | Technology | Consumer Electronics | -0.32 |
| MGRM | Monogram Technologies Inc | $213M | Healthcare | Medical Devices | -0.32 |