50 Stocks and 50 ETFs for diversifying Friedman Industries (FRD)
The least correlated asset to Friedman Industries (FRD) is company A Paradise Acquisition Corp Unit (APADU). The correlation is -0.7353.
Stocks that lowly correlated with FRD
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| APADU | A Paradise Acquisition Corp Unit | $67M | Financial Services | Shell Companies | -0.74 |
| MLAC | Mountain Lake Acquisition Corp - Class A | $43M | N/A | N/A | -0.73 |
| STRC | Microstrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock | $29B | Technology | Software - Application | -0.70 |
| SUGP | SU Group Holdings Ltd - Class A | $5.51M | Industrials | Security & Protection Services | -0.69 |
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $18M | Financial Services | Shell Companies | -0.68 |
| LEGT | Legato Merger Corp. III | $197M | Financial Services | Shell Companies | -0.65 |
| GMM | Global Mofy AI Ltd - Class A | $6.93M | Technology | Information Technology Services | -0.59 |
| RDACR | Rising Dragon Acquisition Corp | $140K | N/A | N/A | -0.55 |
| EMA | Emera Incorporated | $16B | Utilities | Utilities - Regulated Electric | -0.54 |
| BLSH | Bullish | $3.80B | Technology | Software - Infrastructure | -0.53 |
| GLIBK | GCI Liberty Inc | $877M | Communication Services | Telecom Services | -0.53 |
| ASPCR | A SPAC III Acquisition Corp | $196K | N/A | N/A | -0.49 |
| ALM | Alma Metals Limited | $3.90B | Basic Materials | Other Industrial Metals & Mining | -0.48 |
| TMUSL | TMobile US Inc 6.250 Senior Notes due 2069 | $27B | N/A | N/A | -0.46 |
| SZZLU | Sizzle Acquisition Corp II - Units (1 Ord Cls A & 1 Rts) | $70M | Financial Services | Shell Companies | -0.45 |
| YOUL | Youlife Group Inc | $41M | Consumer Defensive | Education & Training Services | -0.45 |
| CRCL | Circle Internet Group Inc - Class A | $16B | Financial Services | Capital Markets | -0.45 |
| AUGO | Aura Minerals Inc | $4.54B | Basic Materials | Gold | -0.45 |
| APAD | Enhanced Group Inc - Class A | $161M | Financial Services | Shell Companies | -0.45 |
| LSE | Leishen Energy Holding Co Ltd | $78M | Energy | Oil & Gas Equipment & Services | -0.44 |
| HAO | Haoxi Health Technology Ltd - Class A | $1.03M | Communication Services | Advertising Agencies | -0.44 |
| EMPD | Empery Digital Inc | $98M | Consumer Cyclical | Auto Manufacturers | -0.43 |
| KMRK | KTech Solutions Company Ltd | $21M | Consumer Cyclical | Leisure | -0.41 |
| VINO | N/A | $1.32M | Real Estate | Real Estate - Diversified | -0.40 |
| YYGH | YY Group Holding Ltd - Class A | $12M | Industrials | Specialty Business Services | -0.40 |
| SOC | Flame Acquisition Corp | $625M | Energy | Oil & Gas Drilling | -0.40 |
| NOEMU | CO2 Energy Transition Corp - Units (1 Ord1 War & 1 Rts) | $78M | Financial Services | Shell Companies | -0.40 |
| GIGGU | GigCapital7 Corp - Units (1 Ord Class A & 1 War) | $2.83B | Financial Services | Shell Companies | -0.40 |
| ARAI | Arrive AI Inc | $15M | Technology | Scientific & Technical Instruments | -0.39 |
| FLD | Fold Holdings Inc - Class A | $23M | Financial Services | Capital Markets | -0.39 |
| VEEA | Veea Inc | $9.93M | Technology | Information Technology Services | -0.39 |
| OHPA | Orion Acquisition Corp - Class A | $417M | N/A | N/A | -0.38 |
| MCRP | Micropolis Holding Company | $42M | Technology | Computer Hardware | -0.38 |
| HKIT | Hitek Global Inc - Class A | $4.63M | Technology | Information Technology Services | -0.37 |
| SFWL | Shengfeng Development Ltd - Class A | $56M | Industrials | Integrated Freight & Logistics | -0.36 |
| CTW | CTW Cayman - Class A | $147M | Communication Services | Electronic Gaming & Multimedia | -0.36 |
| MAGH | Magnitude International Ltd | $230M | Industrials | Engineering & Construction | -0.36 |
| IVCPU | AleAnna Inc - Units (1 Ord Share Class A & 1/2 War) | $308M | N/A | N/A | -0.36 |
| CDLR | Cadeler AS | $2.10B | Industrials | Engineering & Construction | -0.36 |
| QSEAU | Quartzsea Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $34M | Financial Services | Shell Companies | -0.35 |
| AMTM | Amentum Holdings Inc | $5.07B | Industrials | Specialty Business Services | -0.35 |
| DMAA | Drugs Made In America Acquisition Corp | $246M | Financial Services | Shell Companies | -0.35 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.34 |
| KRMN | Karman Holdings Inc | $6.47B | Industrials | Aerospace & Defense | -0.34 |
| RCT | RedCloud Holdings PLC | $14M | Technology | Software - Application | -0.34 |
| COLA | Columbus Acquisition Corp | $34M | Financial Services | Shell Companies | -0.34 |
| JFB | JFB Construction Holdings | $63M | Real Estate | Real Estate - Development | -0.34 |
| INTJ | Intelligent Group Ltd | $13M | Industrials | Consulting Services | -0.34 |
| BAYAR | Bayview Acquisition Corp | $143K | N/A | N/A | -0.33 |
| HPAI | Helport AI Ltd | $21M | Technology | Software - Infrastructure | -0.33 |