Skip to main content

Want a detailed portfolio tracker?

21 Stocks and 79 ETFs for diversifying Evotec (EVO)

The least correlated asset to Evotec (EVO) is ETF SLTY (YIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF). The correlation is -0.7847.

Stocks that lowly correlated with EVO

SymbolName
Market cap
SectorIndustry
Correlation
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.56
ORIQUOrigin Investment Corp I - Units (1 Ord Cls & 1/2 War)$22MFinancial ServicesShell Companies-0.54
ASICAtegrity Specialty Holdings LLC$1.08BFinancial ServicesInsurance - Property & Casualty-0.53
PVLAPalvella Therapeutics Inc$2.18BHealthcareBiotechnology-0.52
CURXCuranex Pharmaceuticals Inc$6.11MHealthcareBiotechnology-0.50
PCPremium Catering (Holdings) Ltd$30MIndustrialsSpecialty Business Services-0.49
MHMcGraw Hill Inc$1.95BConsumer DefensiveEducation & Training Services-0.48
DLXYDelixy Holdings Ltd$7.64MEnergyOil & Gas Refining & Marketing-0.47
OYSEOyster Enterprises II Acquisition Corp$268MFinancial ServicesShell Companies-0.47
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.47
RNERUMount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt)$125MN/AN/A-0.47
PLBLPolibeli Group Ltd$2.84BConsumer CyclicalDepartment Stores-0.47
SIShoulder Innovations Inc$452MN/AN/A-0.45
UBXGU-BX Technology Ltd$6.42MCommunication ServicesAdvertising Agencies-0.41
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.39
ECOECHO BAY MINES LTD$2.16BIndustrialsMarine Shipping-0.38
HNGEHinge Health Inc - Class A$6.74BHealthcareHealth Information Services-0.36
HGHamilton Insurance Group Ltd - Class B$3.35BFinancial ServicesInsurance - Reinsurance-0.35
MAMKMaxsMaking Inc - Class A$195MIndustrialsConglomerates-0.35
EQVEQV Ventures Acquisition Corp.$466MFinancial ServicesShell Companies-0.35
NMAXNewsmax Inc Class B$1.09BCommunication ServicesBroadcasting-0.34

ETFs that lowly correlated with EVO

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.78
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.63
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $16M1.05%May 1, 2024-0.59
SHRTGOTHAM SHORT STRATEGIES ETF $14M1.35%Jul 31, 2017-0.59
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $35M1.05%Jul 9, 2024-0.55
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.54
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $13MN/AMar 31, 2025-0.54
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.53
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.52
TSLZT-REX 2X INVERSE TESLA DAILY TARGET ETF $31MN/AOct 18, 2023-0.51
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.51
TSDDGRANITESHARES 2X SHORT TSLA DAILY ETF $39MN/AAug 21, 2023-0.50
TSLQTradr 2X Short TSLA Daily ETF$114MN/AJul 13, 2022-0.49
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.49
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.49
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.48
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.47
BTCZT-REX 2X INVERSE BITCOIN DAILY TARGET ETF $30MN/AJul 9, 2024-0.47
TSLSDirexion Daily TSLA Bear 1X Shares$66M0.95%Aug 8, 2022-0.46
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.46
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.46
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.45
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.44
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.44
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.44
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.44
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.44
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.43
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.43
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $16M1.03%Feb 11, 2025-0.43
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.43
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.43
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.42
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.42
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.42
IBTPISHARES IBONDS DEC 2034 TERM TREASURY ETF $277M0.07%Jun 11, 2024-0.42
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.42
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.42
BITIProShares Short Bitcoin ETF$144M1.01%Jun 21, 2022-0.42
WNTRYieldMax Short MSTR Option Income Strategy ETF$81M1.00%Mar 26, 2025-0.42
CLIMCLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF $1.30M0.90%Mar 11, 2026-0.42
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $10M1.02%Sep 6, 2022-0.42
NOWLGRANITESHARES 2X LONG NOW DAILY ETF $286MN/AJul 14, 2025-0.41
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.41
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.41
SBITProShares UltraShort Bitcoin ETF$219MN/AApr 1, 2024-0.41
MSTZT-REX 2X INVERSE MSTR DAILY TARGET ETF $148MN/ASep 17, 2024-0.40
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.40
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.40
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.40
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.40
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.40
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.40
MBSANGEL OAK MORTGAGE-BACKED SECURITIES ETF $148M0.49%Jun 4, 2021-0.40
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.40
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.40
USINWISDOMTREE 7-10 YEAR LADDERED TREASURY FUND $5M0.15%Mar 12, 2024-0.40
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.39
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.39
EDGF3EDGE DYNAMIC FIXED INCOME ETF $479M0.79%Oct 2, 2024-0.38
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.38
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.38
LDRTISHARES IBONDS 1-5 YEAR TREASURY LADDER ETF $132M0.07%Nov 7, 2024-0.38
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.38
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.38
ETHDProShares UltraShort Ether ETF$86MN/AJun 6, 2024-0.38
BRKUDIREXION DAILY BRKB BULL 2X SHARES $45MN/ADec 10, 2024-0.37
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.37
SMSTDEFIANCE DAILY TARGET 2X SHORT MSTR ETF $49MN/AAug 20, 2024-0.37
CONIGRANITESHARES 2X SHORT COIN DAILY ETF $16MN/ASep 4, 2024-0.37
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.37
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.36
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.36
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.36
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.36
GGOViShares Global Government Bond USD Hedged Active$2.90B0.39%Jun 25, 2025-0.36
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.35
WZRDOpportunistic Trader ETF$976K1.00%Jun 24, 2025-0.35
SPTBSTATE STREET(R) SPDR(R) PORTFOLIO TREASURY ETF $286M0.03%May 20, 2024-0.35