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66 Stocks and 34 ETFs for diversifying Forward Industries (FWDI)

The least correlated asset to Forward Industries (FWDI) is company CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) (IROHU). The correlation is -0.7588.

Stocks that lowly correlated with FWDI

SymbolName
Market cap
SectorIndustry
Correlation
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.76
STBXStarbox Group Holdings Ltd$1.14MCommunication ServicesInternet Content & Information-0.69
FRBNForbion European Acquisition Corp - Class A$343MFinancial ServicesShell Companies-0.69
CRAQCal Redwood Acquisition Corp$320MFinancial ServicesShell Companies-0.62
IPCXInflection Point Acquisition Corp III - Class A$263MFinancial ServicesShell Companies-0.61
KCHVKochav Defense Acquisition Corp - Class A$263MFinancial ServicesShell Companies-0.58
SLDESlide Insurance Holdings Inc$2.32BFinancial ServicesInsurance - Property & Casualty-0.56
MAGHMagnitude International Ltd$230MIndustrialsEngineering & Construction-0.54
OMSEOMS Energy Technologies Inc$197MEnergyOil & Gas Equipment & Services-0.52
GSHRGesher Acquisition Corp II - Class A$157MFinancial ServicesShell Companies-0.52
SLGCSomaLogic Inc - Class A$393MHealthcareHealth Information Services-0.52
LWACLightWave Acquisition Corp - Class A$221MFinancial ServicesShell Companies-0.51
DTSQDT Cloud Star Acquisition Corp$70MFinancial ServicesShell Companies-0.51
EVACEDWARDS GROUP LTD Foreign$597MFinancial ServicesShell Companies-0.51
INACIndigo Acquisition Corp$118MFinancial ServicesShell Companies-0.50
VNMEVendome Acquisition Corporation I$254MFinancial ServicesShell Companies-0.50
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.48
CRECre8 Enterprise Ltd Class A$6.60MIndustrialsSpecialty Business Services-0.47
LWACWLightWave Acquisition Corp - Warrants (06/06/2030)$178MN/AN/A-0.47
GTERAGloba Terra Acquisition Corporation Class A$246MFinancial ServicesShell Companies-0.47
WTGWintergreen Acquisition Corp$58MFinancial ServicesShell Companies-0.47
FIGXFIGX Capital Acquisition Corp - Class A$159MFinancial ServicesShell Companies-0.46
MAMKMaxsMaking Inc - Class A$195MIndustrialsConglomerates-0.46
PHHPark Ha Biological Technology Co Ltd$11MConsumer DefensiveHousehold & Personal Products-0.46
JEM707 Cayman Holdings Ltd$3.49MConsumer CyclicalApparel Retail-0.45
LCCCLakeshore Acquisition III Corp$72MFinancial ServicesShell Companies-0.45
DAAQDigital Asset Acquisition Corp - Class A$180MFinancial ServicesShell Companies-0.43
TACHTitan Acquisition Corp - Class A$288MFinancial ServicesShell Companies-0.42
COLARColumbus Acquisition Corp Rights$778KN/AN/A-0.41
CHAChagee Holdings Ltd$1.84BConsumer CyclicalRestaurants-0.40
KYIVKyivstar Group Ltd$3.48BCommunication ServicesTelecom Services-0.40
TRONCorner Growth Acquisition Corp 2 - Class A$700MConsumer CyclicalLeisure-0.40
FRLAFortune Rise Acquisition Corp - Class A$35MFinancial ServicesShell Companies-0.38
NPACNew Providence Acquisition Corp III - Class A$398MFinancial ServicesShell Companies-0.38
LOKVLive Oak Acquisition Corp V - Class A$265MFinancial ServicesShell Companies-0.38
AACBALLIANCE ATLANTIS COMMUNICATIONS INC Foreign$233MFinancial ServicesShell Companies-0.38
PGACPantages Capital Acquisition Corp Cl A Ord Shs$118MFinancial ServicesShell Companies-0.38
CBLLCeribell Inc$734MHealthcareMedical Devices-0.37
OBAOxley Bridge Acquisition Ltd - Class A$260MFinancial ServicesShell Companies-0.37
CHPGChampionsGate Acquisition Corp - Class A$78MFinancial ServicesShell Companies-0.37
AXINAxiom Intelligence Acquisition Corp 1 - Class A$341MFinancial ServicesShell Companies-0.36
WAITop KingWin Ltd - Class A$5.90MFinancial ServicesCapital Markets-0.36
MCHBMechanics Bank$3.59BFinancial ServicesBanks - Regional-0.36
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.35
EGHAEGH Acquisition Corp - Class A$212MFinancial ServicesShell Companies-0.34
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.34
PNSkycorp Solar Group Ltd - Series A$91MTechnologySolar-0.34
ARXAccelerant Holdings - Class A$2.82BFinancial ServicesInsurance Brokers-0.34
VNMEWVendome Acquisition Corporation I Warrant$2.70MN/AN/A-0.34
KVUEKenvue Inc$36BConsumer DefensiveHousehold & Personal Products-0.33
APADREnhanced Group Inc$6.67MN/AN/A-0.33
MLECMoolec Science SA$10MHealthcareBiotechnology-0.33
ACDCProFrac Holding Corp Class A$910MEnergyOil & Gas Equipment & Services-0.32
RNERUMount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt)$125MN/AN/A-0.32
NPACUNew Providence Acquisition Corp III - Units (1 Ord Share Class A & 1/3 War)$68MFinancial ServicesShell Companies-0.32
RDAGURepublic Digital Acquisition Co. - Units (1 Ord Cls A & 1/2 War)$42MFinancial ServicesShell Companies-0.31
PACSPACS Group Inc$7.07BHealthcareMedical Care Facilities-0.31
YAASYouxin Technology Ltd - Class A$8.49MTechnologySoftware - Application-0.31
CUPRCuprina Holdings (Cayman) Ltd - Class A$11MHealthcareMedical Instruments & Supplies-0.31
DTSQRDT Cloud Star Acquisition Corp$290KN/AN/A-0.30
ANSCUAgriculture & Natural Solutions Acquisition Corp - Units (1 Ord Class A & 1/2 War)$88MFinancial ServicesShell Companies-0.30
LIMNLiminatus Pharma Inc$5.14MHealthcareBiotechnology-0.30
MSIFMSC Income Fund Inc$515MFinancial ServicesAsset Management-0.30
BOWBowhead Specialty Holdings Inc$982MFinancial ServicesInsurance - Property & Casualty-0.29
MKLYUMcKinley Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$59MFinancial ServicesShell Companies-0.29
TGEGeneration Essentials Group - Class A$370MFinancial ServicesAsset Management-0.29

ETFs that lowly correlated with FWDI

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
ETHDProShares UltraShort Ether ETF$86MN/AJun 6, 2024-0.51
GLDNNICHOLAS GOLD INCOME ETF $2.50M1.07%Feb 17, 2026-0.46
SETHProShares Short Ether ETF$23M0.95%Nov 1, 2023-0.44
BTCZT-REX 2X INVERSE BITCOIN DAILY TARGET ETF $30MN/AJul 9, 2024-0.42
SBITProShares UltraShort Bitcoin ETF$219MN/AApr 1, 2024-0.41
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.39
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.38
GSKHGSK PLC ADRHEDGED $737K0.19%Jan 6, 2025-0.38
TSLQTradr 2X Short TSLA Daily ETF$114MN/AJul 13, 2022-0.38
BILTiShares Infrastructure Active ETF$32M0.60%Jul 29, 2025-0.37
ELILDirexion Daily LLY Bull 2X Shares$23MN/AMar 25, 2025-0.37
TSDDGRANITESHARES 2X SHORT TSLA DAILY ETF $39MN/AAug 21, 2023-0.35
TSLZT-REX 2X INVERSE TESLA DAILY TARGET ETF $31MN/AOct 18, 2023-0.35
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.34
RIFRRUSSELL INVESTMENTS GLOBAL INFRASTRUCTURE ETF $43M0.59%May 13, 2025-0.34
PLTZDefiance Daily Target 2x Short PLTR ETF$13MN/AJun 5, 2025-0.34
CONIGRANITESHARES 2X SHORT COIN DAILY ETF $16MN/ASep 4, 2024-0.34
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.33
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.33
LLYXDEFIANCE DAILY TARGET 2X LONG LLY ETF $74MN/AAug 8, 2024-0.33
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.33
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.32
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $16M1.05%May 1, 2024-0.32
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $35M1.05%Jul 9, 2024-0.32
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.32
GGLSDirexion Daily GOOGL Bear 1X ETF$13M1.02%Sep 6, 2022-0.31
PLTDT-REX 2X INVERSE PLTR DAILY TARGET ETF $47M0.98%Dec 10, 2024-0.31
DVXVWEBs Defined Volatility XLV ETF$480K0.89%Jul 22, 2025-0.31
NFXSDIREXION DAILY NFLX BEAR 1X SHARES $5.40M1.03%Oct 2, 2024-0.30
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.30
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.29
WNTRYieldMax Short MSTR Option Income Strategy ETF$81M1.00%Mar 26, 2025-0.29
TSLSDirexion Daily TSLA Bear 1X Shares$66M0.95%Aug 8, 2022-0.29
DVXPWEBs Defined Volatility XLP ETF$251K0.89%Jul 22, 2025-0.29