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25 Stocks and 75 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
ASICAtegrity Specialty Holdings LLC$969MFinancial ServicesInsurance - Property & Casualty-0.53
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.53
JBSJBS N.V. - Class A$14BConsumer DefensivePackaged Foods-0.50
FOXXFoxx Development Holdings Inc$20MTechnologyConsumer Electronics-0.49
IPODUDune Acquisition Corp II - Units (1 Ord Cls A & 1 War)$156MFinancial ServicesShell Companies-0.47
WSBKWinchester Bancorp Inc$119MFinancial ServicesBanks - Regional-0.46
JEM707 Cayman Holdings Ltd$1.99MConsumer CyclicalApparel Retail-0.45
AMRZAmrize Ltd$29BBasic MaterialsBuilding Materials-0.43
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.42
NCEWNew Century Logistics (BVI) Ltd$58MIndustrialsIntegrated Freight & Logistics-0.40
TRINITrinity Capital Inc$2.23BN/AN/A-0.39
OAKUROak Woods Acquisition Corp$321KN/AN/A-0.38
CAPNCayson Acquisition Corp$63MFinancial ServicesShell Companies-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
EURKUEureka Acquisition Corp - Units (1 Ord Class A & 1 Rts)$53MFinancial ServicesShell Companies-0.35
GSHRGesher Acquisition Corp II - Class A$155MFinancial ServicesShell Companies-0.35
NEE-P-SNextEra Energy Inc 7.299 Corporate Units$113BN/AN/A-0.35
TMDETMD Energy Ltd$18MEnergyOil & Gas Midstream-0.35
RNERUMount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt)$125MN/AN/A-0.34
LIONULionheart III Corp - Units (1 Ord Share Class A & 1/2 War)$113MN/AN/A-0.33
ZDAIPrimega Group Holdings Ltd$7.72MIndustrialsEngineering & Construction-0.33
IPCXInflection Point Acquisition Corp III - Class A$261MFinancial ServicesShell Companies-0.32

ETFs that lowly correlated with ESTC

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
QCMDDirexion Daily QCOM Bear 1X ETF$2M1.00%Jun 24, 2025-0.71
PALDDirexion Daily PANW Bear 1X Shares$2.40M1.02%Feb 10, 2025-0.70
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.65
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.62
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $23M0.50%Mar 6, 2024-0.59
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $39M1.05%Jul 9, 2024-0.58
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.55
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.54
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.20MN/AMay 15, 2024-0.54
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $14M1.11%Aug 14, 2024-0.53
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.52
FNGDBank of Montreal$68MN/AJan 22, 2018-0.51
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $19M1.05%May 1, 2024-0.50
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.48
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.47
BTCZT-REX 2X INVERSE BITCOIN DAILY TARGET ETF $26MN/AJul 9, 2024-0.47
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.46
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.46
SBITProShares UltraShort Bitcoin ETF$183MN/AApr 1, 2024-0.46
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.45
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.43
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.43
CONIGRANITESHARES 2X SHORT COIN DAILY ETF $17MN/ASep 4, 2024-0.43
TSLSDirexion Daily TSLA Bear 1X Shares$76M0.95%Aug 8, 2022-0.43
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.43
QIDPROSHARES ULTRASHORT QQQ $279MN/AJul 11, 2006-0.43
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.42
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.42
ETHDProShares UltraShort Ether ETF$84MN/AJun 6, 2024-0.42
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $21M1.03%Feb 11, 2025-0.41
IBTPISHARES IBONDS DEC 2034 TERM TREASURY ETF $267M0.07%Jun 11, 2024-0.41
AVSDIREXION DAILY AVGO BEAR 1X SHARES $6.90M1.03%Oct 9, 2024-0.41
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.40
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.40
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.40
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.39
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.39
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.39
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $17M1.02%Sep 6, 2022-0.39
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $16M0.96%Aug 8, 2022-0.39
GENTGENTER CAPITAL TAXABLE QUALITY INTERMEDIATE ETF $92M0.38%May 21, 2024-0.38
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.37
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.37
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.37
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $33MN/AJul 16, 2009-0.37
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.37
LDRHISHARES IBONDS 1-5 YEAR HIGH YIELD AND INCOME LADDER ETF $7.90M0.35%Nov 7, 2024-0.36
SPTBSPDR PORTFOLIO TREASURY ETF $187M0.03%May 20, 2024-0.36
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.36
GGLSDIREXION DAILY GOOGL BEAR 1X SHARES $17M1.02%Sep 6, 2022-0.36
TSLQTradr 2X Short TSLA Daily ETF$159MN/AJul 13, 2022-0.35
JUCYAPTUS ENHANCED YIELD ETF $234M0.60%Oct 31, 2022-0.35
SHRTGOTHAM SHORT STRATEGIES ETF $17M1.35%Jul 31, 2017-0.35
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.35
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $9.80M1.05%Jul 23, 2024-0.35
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.35
PLTDT-REX 2X INVERSE PLTR DAILY TARGET ETF $29M0.98%Dec 10, 2024-0.35
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.34
TNGYTORTOISE ENERGY ETF $600M0.85%Dec 27, 2010-0.34
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.34
SETHProShares Short Ether ETF$16M0.95%Nov 1, 2023-0.34
LBAYLEATHERBACK LONG/SHORT ALTERNATIVE YIELD ETF $20M1.20%Nov 16, 2020-0.33
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.33
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.33
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.33
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.33
BILDMACQUARIE GLOBAL LISTED INFRASTRUCTURE ETF $7.80M0.50%Nov 28, 2023-0.32
USSHWISDOMTREE 1-3 YEAR LADDERED TREASURY FUND $23M0.15%Mar 12, 2024-0.32
XOMXDirexion Daily XOM Bull 2X Shares$7.90MN/AApr 22, 2025-0.32
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.32
NFXSDIREXION DAILY NFLX BEAR 1X SHARES $5M1.03%Oct 2, 2024-0.32
IBGAISHARES IBONDS DEC 2044 TERM TREASURY ETF $92M0.07%Jun 11, 2024-0.32
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.32
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.32
SECRNYLI MACKAY SECURITIZED INCOME ETF $160M0.28%May 30, 2024-0.31