24 Stocks and 76 ETFs for diversifying Formula Systems (1985) (FORTY)
The least correlated asset to Formula Systems (1985) (FORTY) is ETF BILT (iShares Infrastructure Active ETF). The correlation is -0.7716.
Stocks that lowly correlated with FORTY
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| WSBK | Winchester Bancorp Inc | $121M | Financial Services | Banks - Regional | -0.61 |
| FRBN | Forbion European Acquisition Corp - Class A | $343M | Financial Services | Shell Companies | -0.58 |
| KG | KING PHARMACEUTICALS INC | $77M | Financial Services | Insurance - Reinsurance | -0.56 |
| GET | GetnetAdquirencia e Servicos para Meios de Pagamento S.A. - Instituica | $88M | N/A | N/A | -0.54 |
| EMA | Emera Incorporated | $16B | Utilities | Utilities - Regulated Electric | -0.48 |
| XHLD | TEN Holdings Inc | $8.07M | Communication Services | Broadcasting | -0.48 |
| TRUG | TruGolf Holdings Inc - Class A | $1.24M | Consumer Cyclical | Leisure | -0.47 |
| CRAQ | Cal Redwood Acquisition Corp | $320M | Financial Services | Shell Companies | -0.47 |
| ETS | Elite Express Holding Inc - Class A | $13M | Industrials | Trucking | -0.47 |
| TGHL | Growhub Ltd (The) - Class A | $19M | Technology | Software - Infrastructure | -0.46 |
| STBX | Starbox Group Holdings Ltd | $1.14M | Communication Services | Internet Content & Information | -0.45 |
| CON | Concentra Group Holdings Parent Inc | $3.91B | Healthcare | Medical Care Facilities | -0.44 |
| IPCX | Inflection Point Acquisition Corp III - Class A | $263M | Financial Services | Shell Companies | -0.44 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.44 |
| NAMM | Namib Minerals. | $87M | Basic Materials | Gold | -0.44 |
| SLGC | SomaLogic Inc - Class A | $393M | Healthcare | Health Information Services | -0.43 |
| LNKS | Linkers Industries Ltd - Class A | $16M | Industrials | Electrical Equipment & Parts | -0.42 |
| HSPTR | Horizon Space Acquisition II Corp Right | $1M | N/A | N/A | -0.42 |
| INACU | Indigo Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $34M | Financial Services | Shell Companies | -0.41 |
| WTG | Wintergreen Acquisition Corp | $58M | Financial Services | Shell Companies | -0.41 |
| GDST | Goldenstone Acquisition Ltd | $23M | Financial Services | Shell Companies | -0.41 |
| TFIN-P | Triumph Financial Inc Depositary Shares Series C | $531M | Financial Services | Banks - Regional | -0.40 |
| CURB | Curbline Properties Corp | $3.20B | Real Estate | Reit - Retail | -0.40 |
| CHPG | ChampionsGate Acquisition Corp - Class A | $78M | Financial Services | Shell Companies | -0.40 |