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27 Stocks and 73 ETFs for diversifying Elastic N.V (ESTC)

The least correlated asset to Elastic N.V (ESTC) is company Park Ha Biological Technology (PHH). The correlation is -0.9938.

Stocks that lowly correlated with ESTC

SymbolName
Market cap
SectorIndustry
Correlation
PHHPark Ha Biological Technology Co Ltd$11MConsumer DefensiveHousehold & Personal Products-0.99
APADUA Paradise Acquisition Corp Unit$67MFinancial ServicesShell Companies-0.74
APADEnhanced Group Inc - Class A$161MFinancial ServicesShell Companies-0.62
JBSJBS N.V. - Class A$13BConsumer DefensivePackaged Foods-0.60
AUGOAura Minerals Inc$4.54BBasic MaterialsGold-0.59
GLIBKGCI Liberty Inc$877MCommunication ServicesTelecom Services-0.57
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.56
ALMAlma Metals Limited$3.90BBasic MaterialsOther Industrial Metals & Mining-0.53
FOXXFoxx Development Holdings Inc$20MTechnologyConsumer Electronics-0.51
STRCMicrostrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock$29BTechnologySoftware - Application-0.51
SUGPSU Group Holdings Ltd - Class A$5.51MIndustrialsSecurity & Protection Services-0.50
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$18MFinancial ServicesShell Companies-0.50
KMRKKTech Solutions Company Ltd$21MConsumer CyclicalLeisure-0.47
AVBCAvidia Bancorp Inc$407MFinancial ServicesBanks - Regional-0.45
BLSHBullish$3.80BTechnologySoftware - Infrastructure-0.44
WSBKWinchester Bancorp Inc$121MFinancial ServicesBanks - Regional-0.44
MLACMountain Lake Acquisition Corp - Class A$43MN/AN/A-0.42
NEE-P-SNextEra Energy Inc 7.299 Corporate Units$113BN/AN/A-0.41
GMMGlobal Mofy AI Ltd - Class A$6.93MTechnologyInformation Technology Services-0.38
TRINITrinity Capital Inc$2.23BN/AN/A-0.38
OAKUROak Woods Acquisition Corp$321KN/AN/A-0.38
GSRTUGSR III Acquisition Corp - Units (1 Ord Class A & 1/7 Rts)$467MN/AN/A-0.38
BRLIBrilliant Acquisition Corp$5.92MN/AN/A-0.37
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.36
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.35
SCAGScage Future$25MIndustrialsFarm & Heavy Construction Machinery-0.34
RNERUMount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt)$125MN/AN/A-0.34

ETFs that lowly correlated with ESTC

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
PALDDirexion Daily PANW Bear 1X Shares$1.80M1.02%Feb 10, 2025-0.75
GEVXTradr 2X Long GEV Daily ETF$52MN/AJul 10, 2025-0.72
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.64
BILTiShares Infrastructure Active ETF$32M0.60%Jul 29, 2025-0.63
QCMDDirexion Daily QCOM Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.60
RIFRRUSSELL INVESTMENTS GLOBAL INFRASTRUCTURE ETF $43M0.59%May 13, 2025-0.59
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.55
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.54
GXPEGLOBAL X PURECAP MSCI ENERGY ETF $1.20M0.15%Jul 22, 2025-0.52
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.52
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.51
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.51
TURFT. ROWE PRICE NATURAL RESOURCES ETF $157M0.44%Jun 11, 2025-0.49
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $35M1.05%Jul 9, 2024-0.48
HFMFUNLIMITED HFMF MANAGED FUTURES ETF $22M0.97%Jul 14, 2025-0.48
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.48
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.48
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.47
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.47
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.46
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.46
XLUISTATE STREET(R) UTILITIES SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $22M0.35%Jul 29, 2025-0.46
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.45
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $16M1.05%May 1, 2024-0.45
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.44
XOMXDirexion Daily XOM Bull 2X Shares$7.80MN/AApr 22, 2025-0.44
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $16M1.03%Feb 11, 2025-0.43
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.43
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.43
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.43
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.42
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.42
TSLSDirexion Daily TSLA Bear 1X Shares$66M0.95%Aug 8, 2022-0.41
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.41
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.41
XLEISTATE STREET(R) ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF$40M0.35%Jul 29, 2025-0.40
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.40
GXPSGLOBAL X PURECAP MSCI CONSUMER STAPLES ETF $59M0.15%Jul 22, 2025-0.40
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.40
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.40
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.40
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.39
IBTPISHARES IBONDS DEC 2034 TERM TREASURY ETF $277M0.07%Jun 11, 2024-0.39
DVUTWEBS Defined Volatility XLU ETF$273K0.89%Jul 22, 2025-0.39
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.38
GENTGENTER CAPITAL TAXABLE QUALITY INTERMEDIATE ETF $98M0.38%May 21, 2024-0.38
USNGAMPLIFY SAMSUNG U.S. NATURAL GAS INFRASTRUCTURE ETF $7.40M0.59%May 19, 2025-0.37
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.37
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $14M0.96%Aug 8, 2022-0.37
RBILF/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF $139M0.17%Feb 24, 2025-0.37
KEATKEATING ACTIVE ETF $111M0.85%Mar 26, 2024-0.37
LDRTISHARES IBONDS 1-5 YEAR TREASURY LADDER ETF $132M0.07%Nov 7, 2024-0.37
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.37
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.37
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $29MN/AJul 16, 2009-0.37
JUCYAPTUS ENHANCED YIELD ETF $251M0.60%Oct 31, 2022-0.36
SHRTGOTHAM SHORT STRATEGIES ETF $14M1.35%Jul 31, 2017-0.36
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.36
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.36
DVXPWEBs Defined Volatility XLP ETF$251K0.89%Jul 22, 2025-0.36
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.35
EDGH3EDGE DYNAMIC HARD ASSETS ETF $152M1.01%Oct 2, 2024-0.35
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.35
LBAYLEATHERBACK LONG/SHORT ALTERNATIVE YIELD ETF $17M1.20%Nov 16, 2020-0.35
USSHWISDOMTREE 1-3 YEAR LADDERED TREASURY FUND $23M0.15%Mar 12, 2024-0.34
TIPANORTHERN TRUST 2030 INFLATION-LINKED DISTRIBUTING LADDER ETF $18M0.10%Aug 18, 2025-0.34
SPTBSTATE STREET(R) SPDR(R) PORTFOLIO TREASURY ETF $286M0.03%May 20, 2024-0.34
TSLQTradr 2X Short TSLA Daily ETF$114MN/AJul 13, 2022-0.34
BILDMACQUARIE GLOBAL LISTED INFRASTRUCTURE ETF $7.40M0.50%Nov 28, 2023-0.34
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.34
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.34
CSCSDirexion Daily CSCO Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.34
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.34