Skip to main content

Want a detailed portfolio tracker?

49 Stocks and 51 ETFs for diversifying Electrovaya (ELVA)

The least correlated asset to Electrovaya (ELVA) is company Solarius Capital Acquisition Corp Units (SOCAU). The correlation is -0.8346.

Stocks that lowly correlated with ELVA

SymbolName
Market cap
SectorIndustry
Correlation
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.83
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.79
LWACLightWave Acquisition Corp - Class A$221MFinancial ServicesShell Companies-0.71
FIGXFIGX Capital Acquisition Corp - Class A$159MFinancial ServicesShell Companies-0.64
ORIQUOrigin Investment Corp I - Units (1 Ord Cls & 1/2 War)$22MFinancial ServicesShell Companies-0.63
GSHRGesher Acquisition Corp II - Class A$157MFinancial ServicesShell Companies-0.58
TACHTitan Acquisition Corp - Class A$288MFinancial ServicesShell Companies-0.53
WTGURWintergreen Acquisition Corp$237KN/AN/A-0.52
MAMKMaxsMaking Inc - Class A$195MIndustrialsConglomerates-0.51
LBLandbridge Company LLC. - Class A$5.70BEnergyOil & Gas Equipment & Services-0.50
CHACUCrane Harbor Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$72MFinancial ServicesShell Companies-0.49
SLDESlide Insurance Holdings Inc$2.32BFinancial ServicesInsurance - Property & Casualty-0.48
SVCCUStellar V Capital Corp - Units (1 Ord Cls A & 1/2 War)$168MFinancial ServicesShell Companies-0.47
PGACPantages Capital Acquisition Corp Cl A Ord Shs$118MFinancial ServicesShell Companies-0.47
PLMKUPlum Acquisition Corp IV - Units (1 Ord cls A & 1/2 Warr)$213MFinancial ServicesShell Companies-0.46
ELOGEastern International Ltd$9.59MIndustrialsIntegrated Freight & Logistics-0.46
CRAQCal Redwood Acquisition Corp$320MFinancial ServicesShell Companies-0.45
KCHVKochav Defense Acquisition Corp - Class A$263MFinancial ServicesShell Companies-0.45
FERAFifth Era Acquisition Corp I - Class A$246MFinancial ServicesShell Companies-0.44
EDHLEverbright Digital Holding Ltd$5.88MCommunication ServicesAdvertising Agencies-0.42
SAFXXCF Global Inc$145MUtilitiesUtilities - Renewable-0.42
SZZLRSizzle Acquisition Corp II$1.47MN/AN/A-0.42
MSAIMultiSensor AI Holdings Inc$11MTechnologyElectronic Components-0.41
DTSQDT Cloud Star Acquisition Corp$70MFinancial ServicesShell Companies-0.41
FVNFuture Vision II Acquisition Corporation$63MFinancial ServicesShell Companies-0.41
TACHUTitan Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$691MFinancial ServicesShell Companies-0.40
LWACWLightWave Acquisition Corp - Warrants (06/06/2030)$178MN/AN/A-0.40
TLXTelix Pharmaceuticals Ltd$3.82BHealthcareBiotechnology-0.40
ASICAtegrity Specialty Holdings LLC$1.08BFinancial ServicesInsurance - Property & Casualty-0.39
NCTIntercont (Cayman) Ltd$3.63MIndustrialsMarine Shipping-0.38
IVCPUAleAnna Inc - Units (1 Ord Share Class A & 1/2 War)$308MN/AN/A-0.38
DUETUDUET Acquisition Corp - Units (1 Ord Share Class A & 1 War)$15MFinancial ServicesShell Companies-0.37
ZBIOZenas Biopharma Inc$1.83BHealthcareBiotechnology-0.37
OFSSOOFS Capital Corp$341MN/AN/A-0.35
IPCXInflection Point Acquisition Corp III - Class A$263MFinancial ServicesShell Companies-0.35
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.34
SDHISiddhi Acquisition Corp - Class A$288MFinancial ServicesShell Companies-0.34
RYOJrYojbaba Co. Ltd$51MIndustrialsConsulting Services-0.34
BOWBowhead Specialty Holdings Inc$982MFinancial ServicesInsurance - Property & Casualty-0.34
BACCBlue Acquisition Corp - Class A$214MFinancial ServicesShell Companies-0.33
VCICUVine Hill Capital Investment Corp - Units (1 Ord Class A & 1/2 War)$75MFinancial ServicesShell Companies-0.33
LPBBULaunch Two Acquisition Corp - Units (1 Ord Class A & 1/2 War)$250MFinancial ServicesShell Companies-0.32
SIShoulder Innovations Inc$452MN/AN/A-0.32
TRUGTruGolf Holdings Inc - Class A$1.24MConsumer CyclicalLeisure-0.32
DAAQDigital Asset Acquisition Corp - Class A$180MFinancial ServicesShell Companies-0.32
FVNNRFuture Vision II Acquisition Corporation Right$341KN/AN/A-0.32
GIBOGIBO Holdings Ltd$106MCommunication ServicesInternet Content & Information-0.31
UBXGU-BX Technology Ltd$6.42MCommunication ServicesAdvertising Agencies-0.31
LPAAULaunch One Acquisition Corp - Units (1 Ord Class A & 1/2 War)$251MFinancial ServicesShell Companies-0.31

ETFs that lowly correlated with ELVA

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.68
GGOViShares Global Government Bond USD Hedged Active$2.90B0.39%Jun 25, 2025-0.60
ETHDProShares UltraShort Ether ETF$86MN/AJun 6, 2024-0.52
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.49
SETHProShares Short Ether ETF$23M0.95%Nov 1, 2023-0.47
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.47
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.46
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.46
WXETTEUCRIUM 2X DAILY WHEAT ETF $7MN/ADec 12, 2024-0.45
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.44
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.43
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.42
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.39
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.39
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.39
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.39
XLUISTATE STREET(R) UTILITIES SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $22M0.35%Jul 29, 2025-0.38
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.38
BRKUDIREXION DAILY BRKB BULL 2X SHARES $45MN/ADec 10, 2024-0.38
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.38
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.37
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.37
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.37
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.37
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.37
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.36
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.36
BTCZT-REX 2X INVERSE BITCOIN DAILY TARGET ETF $30MN/AJul 9, 2024-0.36
BRKCYIELDMAX(R) BRK.B OPTION INCOME STRATEGY ETF $9.30M1.01%Jun 4, 2025-0.36
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.36
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.35
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.34
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.34
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.34
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.34
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.34
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.34
ELILDirexion Daily LLY Bull 2X Shares$23MN/AMar 25, 2025-0.33
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.33
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.32
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.32
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.32
SBITProShares UltraShort Bitcoin ETF$219MN/AApr 1, 2024-0.32
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.32
DVUTWEBS Defined Volatility XLU ETF$273K0.89%Jul 22, 2025-0.32
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.32
WNTRYieldMax Short MSTR Option Income Strategy ETF$81M1.00%Mar 26, 2025-0.32
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $274M1.04%Sep 30, 2021-0.32
BRKWROUNDHILL BRKB WEEKLYPAY ETF $16MN/AJun 17, 2025-0.32
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.31
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.31