88 Stocks and 12 ETFs for diversifying Founder Group (FGL)
The least correlated asset to Founder Group (FGL) is ETF NTRL (First Trust Equity Market Neutral ETF). The correlation is -1.
Stocks that lowly correlated with FGL
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| GTERA | Globa Terra Acquisition Corporation Class A | $246M | Financial Services | Shell Companies | -0.86 |
| PIRS | Pieris Pharmaceuticals Inc | $24M | N/A | N/A | -0.84 |
| CDMO | Avid Bioservices Inc | $797M | N/A | N/A | -0.76 |
| GSRM | Bitcoin Depot Inc - Class A | $54M | N/A | N/A | -0.76 |
| ADAP | Adaptimmune Therapeutics plc American Depositary Shares | $87M | Healthcare | Biotechnology | -0.74 |
| TRON | Corner Growth Acquisition Corp 2 - Class A | $700M | Consumer Cyclical | Leisure | -0.73 |
| SMTK | SmartKem, Inc. Common Stock | $4.23M | Technology | Semiconductor Equipment & Materials | -0.69 |
| QUMSU | Quantumsphere Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $33M | Financial Services | Shell Companies | -0.69 |
| HOND | HCM II Acquisition Corp. Class A Ordinary Shares | $519M | Financial Services | Shell Companies | -0.68 |
| PCAP | Patriot Capital Funding Inc | $324M | Financial Services | Shell Companies | -0.68 |
| RDHL | Redhill Biopharma Ltd | $5.20M | Healthcare | Drug Manufacturers - Specialty & Generic | -0.68 |
| DAAQ | Digital Asset Acquisition Corp - Class A | $180M | Financial Services | Shell Companies | -0.67 |
| CGEN | Compugen Ltd | $223M | Healthcare | Biotechnology | -0.66 |
| PFAI | Pinnacle Food Group Ltd - Class A | $43M | Consumer Defensive | Farm Products | -0.65 |
| SPIR | Spire Global Inc - Class A | $453M | Industrials | Specialty Business Services | -0.65 |
| SEM | SELECT MEDICAL HOLDINGS CORP | $2.05B | Healthcare | Medical Care Facilities | -0.64 |
| SWBI | Smith & Wesson Brands Inc | $666M | Industrials | Aerospace & Defense | -0.64 |
| NRXS | Neuraxis Inc | $80M | Healthcare | Biotechnology | -0.62 |
| LGVN | Longeveron Inc - Class A | $16M | Healthcare | Biotechnology | -0.62 |
| TLX | Telix Pharmaceuticals Ltd | $3.82B | Healthcare | Biotechnology | -0.61 |
| ALM | Alma Metals Limited | $3.90B | Basic Materials | Other Industrial Metals & Mining | -0.61 |
| ALLO | Allogene Therapeutics Inc | $465M | Healthcare | Biotechnology | -0.60 |
| PMTS | CPI Card Group Inc | $216M | Financial Services | Credit Services | -0.60 |
| VIR | Vir Biotechnology Inc | $1.55B | Healthcare | Biotechnology | -0.60 |
| WENN | Wen Acquisition Corp - Class A | $310M | Financial Services | Shell Companies | -0.60 |
| ASIX | AdvanSix Inc | $559M | Basic Materials | Chemicals | -0.60 |
| RLAY | Relay Therapeutics Inc | $3.69B | Healthcare | Biotechnology | -0.59 |
| JAKK | Jakks Pacific Inc | $262M | Consumer Cyclical | Leisure | -0.59 |
| TBN | Tamboran Resources Corp | $774M | Energy | Oil & Gas E&p | -0.59 |
| SSEAU | Starry Sea Acquisition Corp - Units (1 Ord Shs & 1/6 Rts) | $19M | Financial Services | Shell Companies | -0.58 |
| NSA | National Storage Affiliates Trust | $2.71B | Real Estate | Reit - Industrial | -0.58 |
| RYDE | Ryde Group Ltd - Class A | $4.70M | Technology | Software - Application | -0.58 |
| CRDL | Cardiol Therapeutics Inc - Class A | $121M | Healthcare | Drug Manufacturers - Specialty & Generic | -0.58 |
| PRO | Pros Holdings Inc | $1.12B | Technology | Software - Application | -0.58 |
| BEDU | Bright Scholar Education Holdings Limited American Depositary Shares, each representing four (4) Class A Ordinary Shares | $267M | Consumer Defensive | Education & Training Services | -0.58 |
| BNED | Barnes & Noble Education Inc | $438M | Consumer Cyclical | Specialty Retail | -0.57 |
| RGR | Sturm Ruger & Co. Inc | $606M | Industrials | Aerospace & Defense | -0.57 |
| SYRA | Syra Health Corp - Class A | $13M | Healthcare | Medical Care Facilities | -0.57 |
| GLRE | Greenlight Capital Re Ltd - Class A | $548M | Financial Services | Insurance - Reinsurance | -0.57 |
| USBC | USBC Inc | $137M | Technology | Scientific & Technical Instruments | -0.57 |
| ELVN | Enliven Therapeutics Inc | $3.24B | Healthcare | Biotechnology | -0.56 |
| LNZA | LanzaTech Global Inc - Class A | $59M | Industrials | Waste Management | -0.56 |
| BFLY | Butterfly Network Inc - Class A | $1.88B | Healthcare | Medical Devices | -0.55 |
| GORV | Lazydays Holdings Inc | $1.58M | Consumer Cyclical | Auto & Truck Dealerships | -0.55 |
| CAPN | Cayson Acquisition Corp | $64M | Financial Services | Shell Companies | -0.55 |
| VEEA | Veea Inc | $9.93M | Technology | Information Technology Services | -0.55 |
| VBIX | ViewBix Inc | $49M | Communication Services | Internet Content & Information | -0.55 |
| ICHR | Ichor Holdings Ltd | $3.24B | Technology | Semiconductor Equipment & Materials | -0.55 |
| K | Kellanova Company | $29B | Consumer Defensive | Packaged Foods | -0.55 |
| HXHX | Haoxin Holdings Ltd - Class A | $7.65M | Industrials | Integrated Freight & Logistics | -0.55 |
| PTEN | Patterson-UTI Energy Inc | $3.74B | Energy | Oil & Gas Drilling | -0.54 |
| IRDM | Iridium Communications Inc | $5.15B | Communication Services | Telecom Services | -0.54 |
| ACXP | Acurx Pharmaceuticals Inc | $5.93M | Healthcare | Biotechnology | -0.54 |
| ADEA | Adeia Inc | $3.05B | Technology | Software - Application | -0.54 |
| SKYQ | Sky Quarry Inc | $13M | Energy | Oil & Gas Integrated | -0.54 |
| MIGI | Mawson Infrastructure Group Inc | $17M | Financial Services | Capital Markets | -0.53 |
| INTT | Intest Corp | $183M | Technology | Semiconductor Equipment & Materials | -0.53 |
| SYRE | Spyre Therapeutics Inc | $8.05B | Healthcare | Biotechnology | -0.53 |
| BIVI | BioVie Inc - Class A | $13M | Healthcare | Biotechnology | -0.53 |
| OKUR | Reneo Pharmaceuticals Inc - Class A | $59M | Healthcare | Biotechnology | -0.53 |
| DOW | Dow Inc | $21B | Basic Materials | Chemicals | -0.53 |
| ETNB | 89bio Inc | $2.34B | Healthcare | Biotechnology | -0.53 |
| CFLT | Confluent Inc Class A | $11B | Technology | Software - Infrastructure | -0.52 |
| MDBH | MDB Capital Holdings LLC - Class A | $35M | Financial Services | Capital Markets | -0.52 |
| CURV | Torrid Holdings Inc | $213M | Consumer Cyclical | Apparel Retail | -0.52 |
| INDP | Indaptus Therapeutics Inc | $319M | Healthcare | Biotechnology | -0.52 |
| IBTA | Ibotta Inc - Class A | $753M | Technology | Software - Application | -0.52 |
| DTIL | Precision Biosciences Inc | $227M | Healthcare | Biotechnology | -0.51 |
| LFWD | Lifeward Ltd | $22M | Healthcare | Medical Devices | -0.51 |
| BFRG | Bullfrog AI Holdings Inc | $13M | Healthcare | Health Information Services | -0.51 |
| OSRH | Bellevue Life Sciences Acquisition Corp | $14M | Healthcare | Biotechnology | -0.51 |
| NAK | Northern Dynasty Minerals Ltd | $1.02B | Basic Materials | Other Industrial Metals & Mining | -0.51 |
| NSA-P-B | National Storage Affiliates Trust | $1.87B | N/A | N/A | -0.51 |
| FORM | FormFactor Inc | $9.03B | Technology | Semiconductor Equipment & Materials | -0.51 |
| XBIO | Xenetic Biosciences Inc | $6.65M | Healthcare | Biotechnology | -0.51 |
| VCIC | Vine Hill Capital Investment Corp - Class A | $71M | Financial Services | Shell Companies | -0.51 |
| EMPD | Empery Digital Inc | $98M | Consumer Cyclical | Auto Manufacturers | -0.51 |
| ALPS | Alpine Summit Energy Partners Inc | $24M | N/A | Oil & Gas | -0.51 |
| EQV | EQV Ventures Acquisition Corp. | $466M | Financial Services | Shell Companies | -0.51 |
| PROF | Profound Medical Corp | $253M | Healthcare | Medical Devices | -0.51 |
| NPAC | New Providence Acquisition Corp III - Class A | $398M | Financial Services | Shell Companies | -0.50 |
| KMRK | KTech Solutions Company Ltd | $21M | Consumer Cyclical | Leisure | -0.50 |
| ACDC | ProFrac Holding Corp Class A | $910M | Energy | Oil & Gas Equipment & Services | -0.50 |
| OCGN | Ocugen Inc | $484M | Healthcare | Biotechnology | -0.50 |
| CCOI | Cogent Communications Holdings Inc | $627M | Communication Services | Telecom Services | -0.50 |
| VOYG | Voyager Technologies Inc - Class A | $1.55B | Industrials | Aerospace & Defense | -0.50 |
| WTTR | Select Water Solutions Inc - Class A | $2.16B | Energy | Oil & Gas Equipment & Services | -0.50 |
| ANGH | Anghami Inc | $29M | Communication Services | Entertainment | -0.49 |
ETFs that lowly correlated with FGL
| Symbol | Name | AUM | Expense Ratio | Inception Date | Correlation |
|---|---|---|---|---|---|
| NTRL | First Trust Equity Market Neutral ETF | $19M | 0.95% | Feb 4, 2020 | -1.00 |
| XCOM | Ultra Communication Services Select Sector ETF | $384K | N/A | Jun 2, 2026 | -1.00 |
| ONG | Leverage Shares 2X Long ON Daily ETF | $1.90M | N/A | Jun 1, 2026 | -1.00 |
| FIYY | GRANITESHARES YIELDBOOST 20Y+ TREASURIES ETF | $732K | 1.07% | May 4, 2026 | -0.94 |
| HOLD | HARBOR ALPHA LAYERING ETF | $8M | N/A | Aug 13, 2025 | -0.57 |
| FFUT | FIDELITY MANAGED FUTURES ETF | $247M | 0.80% | Jun 3, 2025 | -0.56 |
| CLIM | CLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF | $1.30M | 0.90% | Mar 11, 2026 | -0.52 |
| ASTX | Tradr 2X Long ASTS Daily ETF | $602M | N/A | Jul 10, 2025 | -0.52 |
| PSCU | INVESCO S&P SMALLCAP UTILITIES & COMMUNICATION SERVICES ETF | $18M | 0.29% | Apr 7, 2010 | -0.51 |
| CWVX | Tradr 2X Long CRWV Daily ETF | $104M | N/A | Jul 10, 2025 | -0.50 |
| IMF | INVESCO MANAGED FUTURES STRATEGY ETF | $301M | 0.65% | Mar 17, 2025 | -0.49 |
| COM | DIREXION AUSPICE BROAD COMMODITY STRATEGY ETF | $196M | 0.72% | Mar 30, 2017 | -0.49 |