22 Stocks and 78 ETFs for diversifying Diamondback Energy (FANG)
The least correlated asset to Diamondback Energy (FANG) is ETF DUG (ProShares UltraShort Energy). The correlation is -0.8644.
Stocks that lowly correlated with FANG
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| CTWO | COtwo Advisors Physical European Carbon Allowance Trust | $1.85M | N/A | N/A | -0.66 |
| NSRX | Nasus Pharma Ltd | $28M | Healthcare | Drug Manufacturers - General | -0.66 |
| FIGXU | FIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War) | $35M | Financial Services | Shell Companies | -0.62 |
| DGNX | Diginex Ltd | $28M | Industrials | Consulting Services | -0.61 |
| BBOT | BridgeBio Oncology Therapeutics Inc Com | $674M | Healthcare | Biotechnology | -0.60 |
| GRAN | Grande Group Ltd - Class A | $35M | Financial Services | Capital Markets | -0.60 |
| LGPS | LogProstyle Inc | $26M | Industrials | Conglomerates | -0.57 |
| LHSW | Lianhe Sowell International Group Ltd | $7.03M | Technology | Software - Infrastructure | -0.57 |
| WGRX | Wellgistics Health Inc | $6.79M | Healthcare | Pharmaceutical Retailers | -0.56 |
| ONCHU | 1RT Acquisition Corp - Units (1 Ord Cls A & 1 War) | $39M | Financial Services | Shell Companies | -0.54 |
| BGM | Qilian International Holding Group Ltd - Class A | $7.45M | Healthcare | Drug Manufacturers - Specialty & Generic | -0.53 |
| BUSEP | First Busey Corp | $2.21B | Financial Services | Banks - Regional | -0.52 |
| TBHC | The Brand House Collective Inc Com | $21M | Consumer Cyclical | Home Improvement Retail | -0.52 |
| ZSPC | Zspace Inc | $2.96M | Technology | Computer Hardware | -0.52 |
| FVNNR | Future Vision II Acquisition Corporation Right | $341K | N/A | N/A | -0.51 |
| SPEGU | Silver Pegasus Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $35M | Financial Services | Shell Companies | -0.51 |
| CAI | Caris Life Sciences Inc - Class A | $4.94B | Healthcare | Biotechnology | -0.49 |
| AZI | Autozi Internet Technology (Global) Ltd - Class A | $9.05M | Consumer Cyclical | Auto & Truck Dealerships | -0.49 |
| IBG | Innovation Beverage Group Ltd | $1.60M | Consumer Defensive | Beverages - Wineries & Distilleries | -0.48 |
| OMDA | Omada Health Inc | $1.41B | Healthcare | Health Information Services | -0.47 |
| BACC | Blue Acquisition Corp - Class A | $214M | Financial Services | Shell Companies | -0.44 |
| EPWK | EPWK Holdings Ltd - Class A | $9.78K | Technology | Software - Application | -0.44 |