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60 Stocks and 40 ETFs for diversifying Evolent Health (EVH)

The least correlated asset to Evolent Health (EVH) is ETF MSDD (GRANITESHARES 2X SHORT MSTR DAILY ETF). The correlation is -0.8289.

Stocks that lowly correlated with EVH

SymbolName
Market cap
SectorIndustry
Correlation
JCAPJefferson Capital Inc$950MFinancial ServicesCredit Services-0.74
GSRMBitcoin Depot Inc - Class A$54MN/AN/A-0.67
RHLDResolute Holdings Management Inc$948MIndustrialsSpecialty Business Services-0.60
HBNBHotel101 Global Holdings Corp$1.36BReal EstateReal Estate Services-0.56
GIGGigCapital7 Corp - Class A$353MFinancial ServicesShell Companies-0.55
AMRZAmrize Ltd$29BBasic MaterialsBuilding Materials-0.53
JBSJBS N.V. - Class A$14BConsumer DefensivePackaged Foods-0.51
HTCOCaravelle International Group$38MIndustrialsMarine Shipping-0.49
GRDNGuardian Pharmacy Services Inc$2.49BHealthcareMedical Care Facilities-0.48
SAGTSagtec Global Ltd$21MTechnologySoftware - Application-0.47
DECN/A$1.05BEnergyOil & Gas Integrated-0.46
SZZLRSizzle Acquisition Corp II$1.07MN/AN/A-0.46
BKVBKV Corp$2.91BEnergyOil & Gas E&p-0.46
PTLEPTL Ltd$70MConsumer CyclicalSpecialty Retail-0.43
SDHISiddhi Acquisition Corp - Class A$287MFinancial ServicesShell Companies-0.43
FRBNForbion European Acquisition Corp - Class A$343MFinancial ServicesShell Companies-0.41
GRCEAcasti Pharma Inc$36MHealthcareBiotechnology-0.41
CHACUCrane Harbor Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$72MFinancial ServicesShell Companies-0.40
JUGGUJaws Juggernaut Acquisition Corp - Units (1 Ord Share Class A & 1/4 War)$285MN/AN/A-0.40
INRInfinity Natural Resources Inc - Class A$239MEnergyOil & Gas E&p-0.39
STBXStarbox Group Holdings Ltd$1.14MCommunication ServicesInternet Content & Information-0.38
TMACMusic Acquisition Corporation - Series A$290MN/AN/A-0.37
DTSQDT Cloud Star Acquisition Corp$70MFinancial ServicesShell Companies-0.37
ZSPCZspace Inc$2.96MTechnologyComputer Hardware-0.37
GTLS-P-BChart Industries Inc$3.46BN/AN/A-0.37
TPETTrio Petroleum Corp$3.76MEnergyOil & Gas E&p-0.36
TNMGTNL Mediagene$1.99MCommunication ServicesPublishing-0.36
PMNTPerfect Moment Ltd$7.77MConsumer CyclicalApparel Manufacturing-0.36
EEExcelerate Energy Inc - Class A$3.94BEnergyOil & Gas Midstream-0.36
LZMHLZ Technology Holdings Ltd - Class B$9.09MTechnologyInformation Technology Services-0.36
CRAQCal Redwood Acquisition Corp$320MFinancial ServicesShell Companies-0.35
HDLSuper Hi International Holding Ltd$782MConsumer CyclicalRestaurants-0.35
SLGCSomaLogic Inc - Class A$393MHealthcareHealth Information Services-0.35
MDCXMedicus Pharma Ltd. Common Stock$12MN/AN/A-0.34
CTNTCheetah Net Supply Chain Service Inc - Class A$7.76MIndustrialsIntegrated Freight & Logistics-0.34
SDHIRSiddhi Acquisition Corp$1.38MN/AN/A-0.33
CPAAUConyers Park III Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$366MN/AN/A-0.33
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.32
NATLNational Interstate Corp$3.33BTechnologySoftware - Application-0.32
DTIDrilling Tools International Corporation Common Stock$102MN/AN/A-0.32
PSTXPoseida Therapeutics Inc$933MN/AN/A-0.32
ACHR-WSArcher Aviation Inc Wt$159MN/AN/A-0.32
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.31
DYCQUDT Cloud Acquisition Corp - Units (1 Ord & 1 Right)$26MFinancial ServicesShell Companies-0.31
DTSQRDT Cloud Star Acquisition Corp$298KN/AN/A-0.31
CTRICenturi Holdings Inc$3.13BUtilitiesUtilities - Regulated Gas-0.31
CHPGChampionsGate Acquisition Corp - Class A$77MFinancial ServicesShell Companies-0.31
IROHRCN Healthy Food Tech Group Corp$35MN/AN/A-0.31
SMXTSolarMax Technology Inc$31MTechnologySolar-0.31
PLMIUPlum Acquisition Corp I - Units (1 Ord Share Class A & 1/5 War)$232MN/AN/A-0.31
WSBKWinchester Bancorp Inc$119MFinancial ServicesBanks - Regional-0.30
LCCCRLakeshore Acquisition III Corp$500KN/AN/A-0.30
TRDAEntrada Therapeutics Inc$257MHealthcareBiotechnology-0.30
ASICAtegrity Specialty Holdings LLC$969MFinancial ServicesInsurance - Property & Casualty-0.30
NXLNexalin Technology Inc$12MHealthcareMedical Devices-0.29
BEPCBrookfield Renewable Corporation (Exchangeable Shares) - Class A$7.15BUtilitiesUtilities - Renewable-0.29
BCGBinah Capital Group Inc$28MFinancial ServicesAsset Management-0.29
AAUCAllied Gold Corporation$3.41BBasic MaterialsGold-0.29
TACHUTitan Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$691MFinancial ServicesShell Companies-0.29
UMACUnusual Machines Inc$900MTechnologyComputer Hardware-0.29

ETFs that lowly correlated with EVH

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
MSDDGRANITESHARES 2X SHORT MSTR DAILY ETF $1MN/AJun 9, 2025-0.83
WNTRYieldMax Short MSTR Option Income Strategy ETF$72M1.00%Mar 26, 2025-0.76
PALDDirexion Daily PANW Bear 1X Shares$2.40M1.02%Feb 10, 2025-0.70
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $4.80MN/AMar 31, 2025-0.70
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.69
QCMDDirexion Daily QCOM Bear 1X ETF$2M1.00%Jun 24, 2025-0.65
RTXGLeverage Shares 2X Long RTX Daily ETF$4MN/AJun 5, 2025-0.53
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $21M1.03%Feb 11, 2025-0.50
IAUINEOS GOLD HIGH INCOME ETF $427M0.79%Jun 4, 2025-0.49
ORRMILITIA LONG/SHORT EQUITY ETF $387M10.91%Jan 14, 2025-0.42
WZRDOpportunistic Trader ETF$3.90M1.00%Jun 24, 2025-0.42
BIGYYIELDMAX(R) TARGET 12(TM) BIG 50 OPTION INCOME ETF $26M1.09%Nov 20, 2024-0.37
CSCSDirexion Daily CSCO Bear 1X ETF$1.80M1.00%Jun 24, 2025-0.35
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.35
BTRNGLOBAL X BITCOIN TREND STRATEGY ETF $1.90M0.95%Mar 20, 2024-0.33
CONIGRANITESHARES 2X SHORT COIN DAILY ETF $17MN/ASep 4, 2024-0.33
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.32
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.32
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.32
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.32
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.32
ODHYOBRA DEFENSIVE HIGH YIELD ETF$5.10M0.50%Jun 30, 2025-0.31
DEFRAPTUS DEFERRED INCOME ETF$116M0.79%May 13, 2025-0.31
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $14M1.11%Aug 14, 2024-0.31
RXDProShares UltraShort Health Care -2x Shares$4.90MN/AJan 30, 2007-0.31
SGOVISHARES 0-3 MONTH TREASURY BOND ETF $85B0.09%May 26, 2020-0.31
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.31
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.31
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.31
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.30
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.30
XOMXDirexion Daily XOM Bull 2X Shares$7.90MN/AApr 22, 2025-0.30
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.30
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.30
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.30
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.30
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.30
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.29
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.29
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.29