60 Stocks and 40 ETFs for diversifying Friedman Industries (FRD)
The least correlated asset to Friedman Industries (FRD) is company Emera (EMA). The correlation is -0.5651.
Stocks that lowly correlated with FRD
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| EMA | Emera Incorporated | $16B | Utilities | Utilities - Regulated Electric | -0.57 |
| SZZLU | Sizzle Acquisition Corp II - Units (1 Ord Cls A & 1 Rts) | $70M | Financial Services | Shell Companies | -0.56 |
| GSHR | Gesher Acquisition Corp II - Class A | $155M | Financial Services | Shell Companies | -0.55 |
| CUPR | Cuprina Holdings (Cayman) Ltd - Class A | $5.42M | Healthcare | Medical Instruments & Supplies | -0.54 |
| JEM | 707 Cayman Holdings Ltd | $1.99M | Consumer Cyclical | Apparel Retail | -0.49 |
| CHA | Chagee Holdings Ltd | $1.65B | Consumer Cyclical | Restaurants | -0.48 |
| LSE | Leishen Energy Holding Co Ltd | $77M | Energy | Oil & Gas Equipment & Services | -0.42 |
| SHLT | SHL Telemedicine Ltd ADR | $39M | Healthcare | Health Information Services | -0.42 |
| ARAI | Arrive AI Inc | $26M | Technology | Scientific & Technical Instruments | -0.41 |
| SFWL | Shengfeng Development Ltd - Class A | $72M | Industrials | Integrated Freight & Logistics | -0.41 |
| OMSE | OMS Energy Technologies Inc | $201M | Energy | Oil & Gas Equipment & Services | -0.40 |
| IPCX | Inflection Point Acquisition Corp III - Class A | $261M | Financial Services | Shell Companies | -0.40 |
| CRAQ | Cal Redwood Acquisition Corp | $320M | Financial Services | Shell Companies | -0.40 |
| LCCCU | Lakeshore Acquisition III Corp - Units (1 Ord Shs & 1 Rts) | $21M | Financial Services | Shell Companies | -0.39 |
| RCT | RedCloud Holdings PLC | $41M | Technology | Software - Application | -0.39 |
| SLDE | Slide Insurance Holdings Inc | $2.20B | Financial Services | Insurance - Property & Casualty | -0.39 |
| CHYM | Chime Financial Inc - Class A | $6.59B | Technology | Software - Application | -0.39 |
| OHPA | Orion Acquisition Corp - Class A | $417M | N/A | N/A | -0.38 |
| TDAC | Translational Development Acquisition Corp. Ordinary Shares | $185M | Financial Services | Shell Companies | -0.38 |
| PN | Skycorp Solar Group Ltd - Series A | $100M | Technology | Solar | -0.38 |
| RIBBU | Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $56M | Financial Services | Shell Companies | -0.37 |
| SDHIR | Siddhi Acquisition Corp | $1.38M | N/A | N/A | -0.37 |
| CRCL | Circle Internet Group Inc - Class A | $25B | Financial Services | Capital Markets | -0.37 |
| STAK | Stak Inc | $17M | Energy | Oil & Gas Equipment & Services | -0.36 |
| YB | Yuanbao Inc | $971M | Technology | Software - Application | -0.36 |
| TACH | Titan Acquisition Corp - Class A | $286M | Financial Services | Shell Companies | -0.36 |
| STFS | Star Fashion Culture Holdings Ltd - Class A | $903K | Communication Services | Advertising Agencies | -0.36 |
| EURKU | Eureka Acquisition Corp - Units (1 Ord Class A & 1 Rts) | $53M | Financial Services | Shell Companies | -0.36 |
| IVCPU | AleAnna Inc - Units (1 Ord Share Class A & 1/2 War) | $308M | N/A | N/A | -0.36 |
| DMAA | Drugs Made In America Acquisition Corp | $244M | Financial Services | Shell Companies | -0.35 |
| UBXG | U-BX Technology Ltd | $37M | Technology | Software - Infrastructure | -0.35 |
| RTAC | Renatus Tactical Acquisition Corp I - Class A | $326M | Financial Services | Shell Companies | -0.35 |
| BDMD | Baird Medical Investment Holdings Ltd . | $44M | Healthcare | Medical Devices | -0.35 |
| TMDE | TMD Energy Ltd | $18M | Energy | Oil & Gas Midstream | -0.34 |
| RFAI | RF Acquisition Corp II | $116M | Financial Services | Shell Companies | -0.34 |
| SZZL | Sizzle Acquisition Corp II - Class A | $244M | Financial Services | Shell Companies | -0.34 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.34 |
| LCCCR | Lakeshore Acquisition III Corp | $500K | N/A | N/A | -0.34 |
| JFB | JFB Construction Holdings | $69M | Real Estate | Real Estate - Development | -0.34 |
| SOC | Flame Acquisition Corp | $1.97B | Energy | Oil & Gas Drilling | -0.33 |
| LCCC | Lakeshore Acquisition III Corp | $72M | Financial Services | Shell Companies | -0.33 |
| RAC | Rithm Acquisition Corp. | $247M | Financial Services | Shell Companies | -0.33 |
| DUETU | DUET Acquisition Corp - Units (1 Ord Share Class A & 1 War) | $15M | Financial Services | Shell Companies | -0.33 |
| DYCQR | DT Cloud Acquisition Corp | $474K | N/A | N/A | -0.33 |
| AMTM | Amentum Holdings Inc | $5.64B | Industrials | Specialty Business Services | -0.32 |
| VEEA | Veea Inc | $35M | Technology | Information Technology Services | -0.32 |
| RMCO | Royalty Management Holding Corporation Class A Common Stock | $35M | Financial Services | Asset Management | -0.32 |
| MCRP | Micropolis Holding Company | $86M | Technology | Computer Hardware | -0.31 |
| BAYAR | Bayview Acquisition Corp | $260K | N/A | N/A | -0.31 |
| FLYE | Fly-E Group Inc | $3M | Consumer Cyclical | Auto Manufacturers | -0.31 |
| CHPG | ChampionsGate Acquisition Corp - Class A | $77M | Financial Services | Shell Companies | -0.30 |
| GLXG | Galaxy Payroll Group Ltd | $3.87M | Industrials | Staffing & Employment Services | -0.29 |
| RAY | Raytech Holding Ltd | $9.91M | Consumer Defensive | Household & Personal Products | -0.29 |
| WAI | Top KingWin Ltd - Class A | $4.47M | Financial Services | Capital Markets | -0.29 |
| RTACU | Renatus Tactical Acquisition Corp I - Units (1 Ord Cls A & 1/2 War) | $75M | Financial Services | Shell Companies | -0.29 |
| WSBK | Winchester Bancorp Inc | $119M | Financial Services | Banks - Regional | -0.29 |
| JWEL | Jowell Global Ltd | $5.80M | Consumer Cyclical | Internet Retail | -0.28 |
| MLAC | Mountain Lake Acquisition Corp - Class A | $43M | N/A | N/A | -0.28 |
| HPLTU | Home Plate Acquisition Corp - Units (1 Ord Class A & 1/2 War) | $79M | N/A | N/A | -0.28 |
| OMH | Ohmyhome Ltd | $24M | Real Estate | Real Estate Services | -0.28 |