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58 Stocks and 42 ETFs for diversifying Fortuna Silver Mines (FSM)

The least correlated asset to Fortuna Silver Mines (FSM) is ETF DULL (Bank of Montreal). The correlation is -0.6784.

Stocks that lowly correlated with FSM

SymbolName
Market cap
SectorIndustry
Correlation
OMSEOMS Energy Technologies Inc$201MEnergyOil & Gas Equipment & Services-0.63
MNTNMNTN Inc - Class A$653MTechnologySoftware - Application-0.63
STFSStar Fashion Culture Holdings Ltd - Class A$903KCommunication ServicesAdvertising Agencies-0.56
RAAQReal Asset Acquisition Corp - Class A$196MFinancial ServicesShell Companies-0.56
EHLDEuroholdings Ltd$24MIndustrialsMarine Shipping-0.56
CSAICloudastructure Inc - Class A$8.98MTechnologySoftware - Infrastructure-0.55
STAKStak Inc$17MEnergyOil & Gas Equipment & Services-0.54
ET-P-IEnergy Transfer LP$40BN/AN/A-0.53
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.53
ECGEverus Construction Group$7.74BIndustrialsEngineering & Construction-0.52
FUFUBitFuFu Inc - Class A$340MFinancial ServicesCapital Markets-0.51
TACHTitan Acquisition Corp - Class A$286MFinancial ServicesShell Companies-0.50
IPCXInflection Point Acquisition Corp III - Class A$261MFinancial ServicesShell Companies-0.49
TLXTelix Pharmaceuticals Ltd$3.30BHealthcareBiotechnology-0.49
NTCLNetClass Technology Inc - Class A$8.13MTechnologySoftware - Application-0.49
HMRSports Properties Acquisition Corp$73MIndustrialsMarine Shipping-0.48
ETOREtoro Group Ltd - Class A$3.64BFinancial ServicesCapital Markets-0.48
CRCLCircle Internet Group Inc - Class A$25BFinancial ServicesCapital Markets-0.48
UYSCUUY Scuti Acquisition Corp - Units (1 Ord Shs & 1 Rts)$89MFinancial ServicesShell Companies-0.47
MDCXWMedicus Pharma Ltd warrant$14MHealthcareDrug Manufacturers - General-0.46
OFALOFA Group$10MIndustrialsEngineering & Construction-0.46
GCTSGCT Semiconductor Holding Inc$235MTechnologySemiconductors-0.46
KBDCKayne Anderson BDC Inc$986MFinancial ServicesAsset Management-0.45
SORATop Win International Ltd$65MConsumer CyclicalLuxury Goods-0.44
SVCCUStellar V Capital Corp - Units (1 Ord Cls A & 1/2 War)$165MFinancial ServicesShell Companies-0.43
NLOPNet Lease Office Properties$178MReal EstateReit - Office-0.43
TOPPToppoint Holdings Inc$30MIndustrialsTrucking-0.43
LBLandbridge Company LLC. - Class A$5.70BEnergyOil & Gas Equipment & Services-0.42
ULSUL Solutions Inc - Class A$20BIndustrialsSpecialty Business Services-0.41
JLJ-Long Group Ltd$24MConsumer CyclicalApparel Manufacturing-0.41
KBSXFST Corp$59MBasic MaterialsSteel-0.41
HUHUHUHUTECH International Group Inc$224MIndustrialsSpecialty Industrial Machinery-0.40
FLOCFlowco Holdings Inc - Class A$2.18BEnergyOil & Gas Equipment & Services-0.40
APUSApimeds Pharmaceuticals US Inc$1.82MHealthcareDrug Manufacturers - Specialty & Generic-0.40
PTLEPTL Ltd$70MConsumer CyclicalSpecialty Retail-0.39
JLHLJulong Holding Ltd - Class A$457MIndustrialsBuilding Products & Equipment-0.39
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.39
DBTXDecibel Therapeutics Inc$123MN/AN/A-0.39
SYNXSilynxcom Ltd$7.12MTechnologyCommunication Equipment-0.39
UYSCUY Scuti Acquisition Corp$73MFinancial ServicesShell Companies-0.38
GSUNGolden Sun Health Technology Group Ltd - Class A$3.59MConsumer DefensiveEducation & Training Services-0.38
GPUSHyperscale Data Inc Com Par$70MIndustrialsAerospace & Defense-0.38
LSELeishen Energy Holding Co Ltd$77MEnergyOil & Gas Equipment & Services-0.38
SAGTSagtec Global Ltd$21MTechnologySoftware - Application-0.38
DNTHDianthus Therapeutics Inc$4.73BHealthcareBiotechnology-0.38
OSTXOS Therapies Inc$74MHealthcareBiotechnology-0.38
SERVServe Robotics Inc$836MIndustrialsSpecialty Industrial Machinery-0.37
COLAColumbus Acquisition Corp$35MFinancial ServicesShell Companies-0.37
HCHLHappy City Holdings Ltd - Class A$59MConsumer CyclicalRestaurants-0.37
CHACUCrane Harbor Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$72MFinancial ServicesShell Companies-0.37
RETOReTo Eco-Solutions Inc$6.13MBasic MaterialsBuilding Materials-0.37
DMAADrugs Made In America Acquisition Corp$244MFinancial ServicesShell Companies-0.37
CAEPCantor Equity Partners III Inc - Class A$420MFinancial ServicesShell Companies-0.36
CUPRCuprina Holdings (Cayman) Ltd - Class A$5.42MHealthcareMedical Instruments & Supplies-0.36
TWNPTwin Hospitality Group Inc. Class A Common Stock$4.08MConsumer CyclicalRestaurants-0.36
YIBOPlanet Image International Ltd - Class A$58MTechnologyComputer Hardware-0.36
NOEMUCO2 Energy Transition Corp - Units (1 Ord1 War & 1 Rts)$77MFinancial ServicesShell Companies-0.36
RCDReady Capital Corp$3.76BN/AN/A-0.36

ETFs that lowly correlated with FSM

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
DULLBank of Montreal$15MN/AFeb 21, 2023-0.68
DLLLGRANITESHARES 2X LONG DELL DAILY ETF $24MN/AFeb 12, 2025-0.67
GLLProShares UltraShort Gold -2x Shares$115MN/ADec 1, 2008-0.55
ZSLProShares UltraShort Silver -2x Shares$145MN/ADec 1, 2008-0.53
MARMFT VEST U.S. EQUITY MAX BUFFER ETF - MARCH $109M0.85%Mar 26, 2024-0.51
DGZDeutsche Bank AG London$1.60M0.75%Feb 27, 2008-0.50
ARMGLEVERAGE SHARES 2X LONG ARM DAILY ETF $64MN/AJan 13, 2025-0.48
AMZWROUNDHILL AMZN WEEKLYPAY ETF $41MN/AJun 17, 2025-0.46
MVLLGRANITESHARES 2X LONG MRVL DAILY ETF $274MN/AMar 6, 2025-0.46
QBProShares Nasdaq100 Dynamic Buffer ETF$1.40M0.58%Jun 24, 2025-0.46
BTCINEOS BITCOIN HIGH INCOME ETF $1.20B0.99%Oct 16, 2024-0.43
AMUUDIREXION DAILY AMD BULL 2X SHARES $77MN/AFeb 11, 2025-0.43
GGOViShares Global Government Bond USD Hedged Active$44M0.39%Jun 25, 2025-0.42
MSTPGRANITESHARES 2X LONG MSTR DAILY ETF $11MN/AJun 9, 2025-0.41
MSIIREX MSTR GROWTH & INCOME ETF $4.40MN/AJun 3, 2025-0.41
VRTLGRANITESHARES 2X LONG VRT DAILY ETF $64MN/AMar 24, 2025-0.41
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.40
OMAHVISTASHARES TARGET 15 BERKSHIRE SELECT INCOME ETF $749M0.95%Mar 4, 2025-0.40
TMARFT VEST EMERGING MARKETS BUFFER ETF - MARCH $8.90M0.95%Mar 21, 2025-0.40
MSTUT-REX 2X LONG MSTR DAILY TARGET ETF $616MN/ASep 17, 2024-0.40
AMDGLEVERAGE SHARES 2X LONG AMD DAILY ETF $26MN/AJan 23, 2025-0.39
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.39
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $396M0.51%Dec 18, 2013-0.39
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.39
IMSTBITWISE MSTR OPTION INCOME STRATEGY ETF $18M0.96%Apr 1, 2025-0.38
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.38
NFXLDIREXION DAILY NFLX BULL 2X SHARES $176MN/AOct 2, 2024-0.38
ETUT-REX 2X LONG ETHER DAILY TARGET ETF $14MN/AOct 22, 2024-0.38
CSCLDirexion Daily CSCO Bull 2X ETF$5MN/AJun 24, 2025-0.38
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.38
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.38
NFLUT-REX 2X LONG NFLX DAILY TARGET ETF $36MN/ASep 26, 2024-0.38
MAROYIELDMAX(R) MARA OPTION INCOME STRATEGY ETF $66M1.00%Dec 9, 2024-0.38
BAIiShares A.I. Innovation and Tech Active ETF$13B0.55%Oct 21, 2024-0.37
CPSMCALAMOS S&P 500 STRUCTURED ALT PROTECTION ETF - MAY $53M0.69%May 1, 2024-0.37
NFLWROUNDHILL NFLX WEEKLYPAY ETF $16MN/AJun 17, 2025-0.37
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.37
QTOPiShares Nasdaq Top 30 Stocks ETF$266M0.20%Oct 23, 2024-0.37
WTIDBank of Montreal$6.60MN/AFeb 16, 2023-0.37
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.36
MSTXDefiance Daily Target 2x Long MSTR ETF$388MN/AAug 14, 2024-0.36
TTEQT. ROWE PRICE TECHNOLOGY ETF $198M0.63%Oct 23, 2024-0.36