47 Stocks and 53 ETFs for diversifying Franchise Group (FRGAP)
The least correlated asset to Franchise Group (FRGAP) is ETF QIS (SIMPLIFY MULTI-QIS ALTERNATIVE ETF). The correlation is -1.
Stocks that lowly correlated with FRGAP
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| USAR | USA Rare Earth Inc - Class A | $3.77B | Basic Materials | Other Industrial Metals & Mining | -1.00 |
| NETDU | Nabors Energy Transition Corp II - Units (1 Ord Class A & 1/2 War) | $73M | Financial Services | Shell Companies | -1.00 |
| LZM | Lifezone Metals Ltd | $289M | Basic Materials | Other Industrial Metals & Mining | -1.00 |
| KVACU | Keen Vision Acquisition Corp - Units (1 Ord & 1 War) | $53M | Financial Services | Shell Companies | -1.00 |
| HYAC-U | Haymaker Acquisition Corp 4 - Units (1 Ord Class A & 1/2 War) | $65M | N/A | N/A | -1.00 |
| ESHAR | ESH Acquisition Corp | $862K | N/A | N/A | -1.00 |
| ESHA | ESH Acquisition Corp - Class A | $45M | Financial Services | Shell Companies | -1.00 |
| BOWNU | Bowen Acquisition Corp - Units (1 Ordinary share & 1 Right) | $30M | Financial Services | Shell Companies | -1.00 |
| EICB | Eagle Point Income Company Inc. 7.75% Series B Term Preferred Stock Due 2028 | $626M | Financial Services | Asset Management | -1.00 |
| APGE | Apogee Therapeutics Inc | $10B | Healthcare | Biotechnology | -1.00 |
| MRT | MedEquities Realty Trust Inc | $119M | Technology | Software - Application | -1.00 |
| ALCYU | Alchemy Investments Acquisition Corp 1 - Unit (1 Ord Class A & 1/2 War) | $68M | Financial Services | Shell Companies | -0.99 |
| KGS | Kodiak Gas Services Inc | $5.83B | Energy | Oil & Gas Equipment & Services | -0.95 |
| OAKUR | Oak Woods Acquisition Corp | $321K | N/A | N/A | -0.94 |
| SVV | Savers Value Village Inc | $1.51B | Consumer Cyclical | Specialty Retail | -0.93 |
| AACT | Ares Acquisition Corporation II - Class A | $588M | Financial Services | Shell Companies | -0.91 |
| MWG | Multi Ways Holdings Ltd - Class A | $5.10M | Industrials | Rental & Leasing Services | -0.90 |
| OAKU | Oak Woods Acquisition Corp - Class A | $44M | Financial Services | Shell Companies | -0.85 |
| IPXXU | USA Rare Earth Inc - Units (1 Ord Class A & 1/2 Warr) | $66M | N/A | N/A | -0.84 |
| ISRLU | Israel Acquisitions Corp - Units (1 Ord Share Class A & 1 War) | $24M | Financial Services | Shell Companies | -0.80 |
| FER | Ferrovial S.E. | $46B | Industrials | Engineering & Construction | -0.80 |
| GNLX | Genelux Corp | $130M | Healthcare | Biotechnology | -0.77 |
| TBMC | Trailblazer Merger Corp I - Class A | $29M | Financial Services | Shell Companies | -0.74 |
| SLMT | Brera Holdings PLC - Class B | $46M | Technology | Software - Infrastructure | -0.73 |
| BREA | Brera Holdings PLC - Class B | $40M | Communication Services | Entertainment | -0.73 |
| ALTI | AlTi Global Inc - Class A | $376M | Financial Services | Asset Management | -0.73 |
| GAINL | Gladstone Investment Corporation | $358M | Financial Services | Specialty Finance | -0.70 |
| KNF | Knife River Corp | $4.67B | Basic Materials | Building Materials | -0.70 |
| SLRN | Acelyrin Inc | $229M | Healthcare | Biotechnology | -0.69 |
| TLN | Talen Energy Corp New | $18B | Utilities | Utilities - Independent Power Producers | -0.65 |
| ZVSA | ZyVersa Therapeutics Inc | $1.03M | Healthcare | Biotechnology | -0.65 |
| MGIH | Millennium Group International Holdings Ltd | $20M | Consumer Cyclical | Packaging & Containers | -0.64 |
| SAZ | Saratoga Investment Corp | $409M | N/A | N/A | -0.64 |
| INTS | Intensity Therapeutics Inc | $12M | Healthcare | Biotechnology | -0.62 |
| JYD | Jayud Global Logistics Ltd - Class A | $1.63M | Industrials | Integrated Freight & Logistics | -0.61 |
| FIHL | Fidelis Insurance Holdings Limited | $2.40B | Financial Services | Insurance - Diversified | -0.60 |
| NXU | Energy Vault Holdings Inc - Class A | $4.48M | Industrials | Electrical Equipment & Parts | -0.56 |
| VTMX | Corporacion Inmobiliaria Vesta Sab | $2.99B | Real Estate | Real Estate - Development | -0.55 |
| RNERU | Mount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt) | $125M | N/A | N/A | -0.55 |
| HAFN | Hafnia Ltd | $3.81B | Industrials | Marine Shipping | -0.53 |
| USEA | United Maritime Corp | $23M | Industrials | Marine Shipping | -0.52 |
| AIIO | Robo.ai Inc - Class B | $47M | Consumer Cyclical | Auto Manufacturers | -0.51 |
| DFLI | Dragonfly Energy Holdings Corp | $21M | Industrials | Electrical Equipment & Parts | -0.50 |
| NTRP | Neurotrope Inc | $29M | Consumer Cyclical | Travel Services | -0.49 |
| RLX | RLX Technology Inc | $2.46B | Consumer Defensive | Tobacco | -0.48 |
| ALMU | Aeluma Inc | $297M | Technology | Semiconductors | -0.47 |
| AKUS | Akouos Inc | $490M | N/A | N/A | -0.44 |