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42 Stocks and 58 ETFs for diversifying Electromed (ELMD)

The least correlated asset to Electromed (ELMD) is company Bitcoin Depot (GSRM). The correlation is -0.7147.

Stocks that lowly correlated with ELMD

SymbolName
Market cap
SectorIndustry
Correlation
GSRMBitcoin Depot Inc - Class A$54MN/AN/A-0.71
APADEnhanced Group Inc - Class A$161MFinancial ServicesShell Companies-0.69
SLXNSilexion Therapeutics Corp$3.11MHealthcareBiotechnology-0.64
UBXGU-BX Technology Ltd$6.42MCommunication ServicesAdvertising Agencies-0.63
APADUA Paradise Acquisition Corp Unit$67MFinancial ServicesShell Companies-0.61
LZMHLZ Technology Holdings Ltd - Class B$9.02MTechnologyInformation Technology Services-0.59
SZZLUSizzle Acquisition Corp II - Units (1 Ord Cls A & 1 Rts)$70MFinancial ServicesShell Companies-0.56
GLIBKGCI Liberty Inc$877MCommunication ServicesTelecom Services-0.54
RNERUMount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt)$125MN/AN/A-0.52
BEPCBrookfield Renewable Corporation (Exchangeable Shares) - Class A$6.37BUtilitiesUtilities - Renewable-0.51
RACRithm Acquisition Corp.$247MFinancial ServicesShell Companies-0.49
DHCADHC Acquisition Corp - Class A$16MN/AN/A-0.48
GIGGigCapital7 Corp - Class A$353MFinancial ServicesShell Companies-0.48
LIONULionheart III Corp - Units (1 Ord Share Class A & 1/2 War)$113MN/AN/A-0.48
AAMAA Mission Acquisition Corp.$368MFinancial ServicesShell Companies-0.46
ALMAlma Metals Limited$3.90BBasic MaterialsOther Industrial Metals & Mining-0.45
LWACLightWave Acquisition Corp - Class A$221MFinancial ServicesShell Companies-0.45
KWMK Wave Media Ltd$7.63MCommunication ServicesEntertainment-0.45
AAPGAscentage Pharma Group International$1.87BHealthcareBiotechnology-0.45
ASPCRA SPAC III Acquisition Corp$196KN/AN/A-0.45
YBYuanbao Inc$656MTechnologySoftware - Application-0.43
GMMGlobal Mofy AI Ltd - Class A$6.93MTechnologyInformation Technology Services-0.42
POLEAndretti Acquisition Corp II - Class A$248MFinancial ServicesShell Companies-0.41
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.39
KIDZClassover Holdings Inc$2.67MConsumer DefensiveEducation & Training Services-0.39
PLMIUPlum Acquisition Corp I - Units (1 Ord Share Class A & 1/5 War)$232MN/AN/A-0.39
CUBLionheart Holdings - Class A$248MFinancial ServicesShell Companies-0.38
TAVITavia Acquisition Corp$122MFinancial ServicesShell Companies-0.38
ADGMAdagio Medical Holdings Inc$12MHealthcareMedical Devices-0.37
TFIN-PTriumph Financial Inc Depositary Shares Series C$531MFinancial ServicesBanks - Regional-0.37
FOXXFoxx Development Holdings Inc$20MTechnologyConsumer Electronics-0.37
POLEUAndretti Acquisition Corp II - Units (1 Ord Class A & 1/2 War)$223MFinancial ServicesShell Companies-0.36
ELPCCia Paranaense De Energia Copel ADR (Representing )$8.52BUtilitiesUtilities - Regulated Electric-0.35
CAPNCayson Acquisition Corp$64MFinancial ServicesShell Companies-0.35
WSBKWinchester Bancorp Inc$121MFinancial ServicesBanks - Regional-0.35
NEE-P-TNextEra Energy Inc 7.234 Corporate Units$106BN/AN/A-0.34
SUGPSU Group Holdings Ltd - Class A$5.51MIndustrialsSecurity & Protection Services-0.34
AUGOAura Minerals Inc$4.54BBasic MaterialsGold-0.34
APUSApimeds Pharmaceuticals US Inc$8.51MHealthcareDrug Manufacturers - Specialty & Generic-0.34
CJMBCallan Jmb Inc$4.21MIndustrialsIntegrated Freight & Logistics-0.33
TRUGTruGolf Holdings Inc - Class A$1.24MConsumer CyclicalLeisure-0.33
TBMCRTrailblazer Merger Corp I$5.05MN/AN/A-0.33

ETFs that lowly correlated with ELMD

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
QCMDDirexion Daily QCOM Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.68
PALDDirexion Daily PANW Bear 1X Shares$1.80M1.02%Feb 10, 2025-0.62
FPASFPA SHORT DURATION GOVERNMENT ETF $9.90M0.10%Oct 31, 2024-0.51
MLDRGLOBAL X INTERMEDIATE-TERM TREASURY LADDER ETF $8.80M0.12%Sep 9, 2024-0.51
XLUISTATE STREET(R) UTILITIES SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $22M0.35%Jul 29, 2025-0.51
CAFXCONGRESS INTERMEDIATE BOND ETF $325M0.35%Sep 9, 2024-0.49
BILTiShares Infrastructure Active ETF$32M0.60%Jul 29, 2025-0.49
MYCISPDR SSGA MY2029 CORPORATE BOND ETF $35M0.15%Sep 23, 2024-0.49
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $16M1.05%May 1, 2024-0.49
MYCHSPDR SSGA MY2028 CORPORATE BOND ETF $636M0.15%Sep 23, 2024-0.48
MYCJSPDR SSGA My2030 Corporate Bond ETF$43M0.15%Sep 23, 2024-0.48
DVUTWEBS Defined Volatility XLU ETF$273K0.89%Jul 22, 2025-0.48
LCDLGRANITESHARES 2X LONG LCID DAILY ETF N/AN/AApr 21, 2025-0.47
MYCGSPDR SSGA My2027 Corporate Bond ETF$34M0.15%Sep 23, 2024-0.47
CSCSDirexion Daily CSCO Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.46
GXPEGLOBAL X PURECAP MSCI ENERGY ETF $1.20M0.15%Jul 22, 2025-0.45
EDGF3EDGE DYNAMIC FIXED INCOME ETF $479M0.79%Oct 2, 2024-0.44
MYCKSPDR SSGA MY2031 CORPORATE BOND ETF $19M0.15%Sep 23, 2024-0.44
MYCFSPDR SSGA MY2026 CORPORATE BOND ETF $48M0.15%Sep 23, 2024-0.43
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.43
LMTLDirexion Daily LMT Bull 2X ETF$8.40MN/AAug 5, 2025-0.42
RIFRRUSSELL INVESTMENTS GLOBAL INFRASTRUCTURE ETF $43M0.59%May 13, 2025-0.41
PMBSPIMCO Mortgage-Backed Securities Active Exchange-Traded Fund$1.40B0.71%Jul 31, 1997-0.41
LFAILifeX 2050 Longevity Income ETF$4.50M0.25%Jan 8, 2024-0.41
WZRDOpportunistic Trader ETF$976K1.00%Jun 24, 2025-0.41
LDRTISHARES IBONDS 1-5 YEAR TREASURY LADDER ETF $132M0.07%Nov 7, 2024-0.40
TSLQTradr 2X Short TSLA Daily ETF$114MN/AJul 13, 2022-0.40
EUADSELECT STOXX EUROPE AEROSPACE & DEFENSE ETF $1.10B0.50%Oct 21, 2024-0.40
XOMXDirexion Daily XOM Bull 2X Shares$7.80MN/AApr 22, 2025-0.40
LFAOLifeX 2055 Longevity Income ETF$5M0.25%Jan 8, 2024-0.39
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.39
IBIKISHARES IBONDS OCT 2034 TERM TIPS ETF $88M0.10%May 22, 2024-0.38
LDDRStone Ridge 2035 Term Income ETF$42M0.25%Jan 3, 2025-0.38
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.38
MYCLSPDR SSGA My2032 Corporate Bond ETF$9.90M0.15%Sep 23, 2024-0.38
SOFRAmplify Samsung SOFR ETF$445M0.20%Nov 14, 2023-0.37
NTRLFirst Trust Equity Market Neutral ETF$19M0.95%Feb 4, 2020-0.37
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $16M1.03%Feb 11, 2025-0.37
SPTBSTATE STREET(R) SPDR(R) PORTFOLIO TREASURY ETF $286M0.03%May 20, 2024-0.37
LFAWLifeX 2060 Longevity Income ETF$3.80M0.25%Jan 8, 2024-0.37
MYCMSPDR SSGA My2033 Corporate Bond ETF$8.60M0.15%Sep 23, 2024-0.37
GENTGENTER CAPITAL TAXABLE QUALITY INTERMEDIATE ETF $98M0.38%May 21, 2024-0.36
RTXGLeverage Shares 2X Long RTX Daily ETF$4.50MN/AJun 5, 2025-0.36
HFMFUNLIMITED HFMF MANAGED FUTURES ETF $22M0.97%Jul 14, 2025-0.36
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.35
KDEFPLUS KOREA DEFENSE INDUSTRY INDEX ETF $108M0.65%Feb 4, 2025-0.35
TURFT. ROWE PRICE NATURAL RESOURCES ETF $157M0.44%Jun 11, 2025-0.35
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.35
SLDRGLOBAL X SHORT-TERM TREASURY LADDER ETF $39M0.12%Sep 9, 2024-0.35
MMKTTEXAS CAPITAL GOVERNMENT MONEY MARKET ETF $73M0.20%Sep 24, 2024-0.35
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.35
SHRTGOTHAM SHORT STRATEGIES ETF $14M1.35%Jul 31, 2017-0.35
TSLSDirexion Daily TSLA Bear 1X Shares$66M0.95%Aug 8, 2022-0.35
LLDRGLOBAL X LONG-TERM TREASURY LADDER ETF $37M0.12%Sep 9, 2024-0.34
TSDDGRANITESHARES 2X SHORT TSLA DAILY ETF $39MN/AAug 21, 2023-0.34
IRVHGLOBAL X INTEREST RATE VOLATILITY & INFLATION HEDGE ETF $1.40M0.45%Jul 5, 2022-0.34
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.34
IBTPISHARES IBONDS DEC 2034 TERM TREASURY ETF $277M0.07%Jun 11, 2024-0.34