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46 Stocks and 54 ETFs for diversifying Global Business Travel Group (GBTG)

The least correlated asset to Global Business Travel Group (GBTG) is ETF QCMD (Direxion Daily QCOM Bear 1X ETF). The correlation is -0.9058.

Stocks that lowly correlated with GBTG

SymbolName
Market cap
SectorIndustry
Correlation
GIGGigCapital7 Corp - Class A$353MFinancial ServicesShell Companies-0.79
GSRMBitcoin Depot Inc - Class A$54MN/AN/A-0.76
SOLEmeren Group Ltd American Depositary Shares, each representing 10 shares$100MTechnologySolar-0.67
LZMHLZ Technology Holdings Ltd - Class B$9.09MTechnologyInformation Technology Services-0.62
AMRZAmrize Ltd$29BBasic MaterialsBuilding Materials-0.61
SZZLRSizzle Acquisition Corp II$1.07MN/AN/A-0.60
WSBKWinchester Bancorp Inc$119MFinancial ServicesBanks - Regional-0.53
VACHVoyager Acquisition Corp - Class A$279MFinancial ServicesShell Companies-0.51
CAPNCayson Acquisition Corp$63MFinancial ServicesShell Companies-0.51
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.49
BEPCBrookfield Renewable Corporation (Exchangeable Shares) - Class A$7.15BUtilitiesUtilities - Renewable-0.49
AKUSAkouos Inc$490MN/AN/A-0.48
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.47
JBSJBS N.V. - Class A$14BConsumer DefensivePackaged Foods-0.46
AACBUArtius II Acquisition Inc - Units (1 Ord Shs & 1 Rts)$233MFinancial ServicesShell Companies-0.45
ELPCCia Paranaense De Energia Copel ADR (Representing )$8.52BUtilitiesUtilities - Regulated Electric-0.45
OPTNOptiNose Inc$112MN/AN/A-0.44
GRCEAcasti Pharma Inc$36MHealthcareBiotechnology-0.43
ZSPCZspace Inc$2.96MTechnologyComputer Hardware-0.42
UBXGU-BX Technology Ltd$37MTechnologySoftware - Infrastructure-0.41
POLEUAndretti Acquisition Corp II - Units (1 Ord Class A & 1/2 War)$223MFinancial ServicesShell Companies-0.41
IPODUDune Acquisition Corp II - Units (1 Ord Cls A & 1 War)$156MFinancial ServicesShell Companies-0.40
CIGLConcorde International Group Ltd Class A Ordinary Shares$41MIndustrialsSecurity & Protection Services-0.40
GPATGP-Act III Acquisition Corp - Class A$311MFinancial ServicesShell Companies-0.39
SAGTSagtec Global Ltd$21MTechnologySoftware - Application-0.39
HAOHaoxi Health Technology Ltd - Class A$43MCommunication ServicesAdvertising Agencies-0.39
BLTEBelite Bio Inc$5.59BHealthcareBiotechnology-0.38
LPAAULaunch One Acquisition Corp - Units (1 Ord Class A & 1/2 War)$247MFinancial ServicesShell Companies-0.37
CTNTCheetah Net Supply Chain Service Inc - Class A$7.76MIndustrialsIntegrated Freight & Logistics-0.37
CNLCollective Mining Ltd.$1.40BBasic MaterialsGold-0.36
NAMMNamib Minerals.$77MBasic MaterialsGold-0.36
KIDZClassover Holdings Inc$2.67MConsumer DefensiveEducation & Training Services-0.35
SLXNSilexion Therapeutics Corp$1.30MHealthcareBiotechnology-0.35
AIMAIM ImmunoTech Inc.$1.74MHealthcareBiotechnology-0.35
CHTRCharter Communications Inc - Class A$18BCommunication ServicesTelecom Services-0.35
SZZLUSizzle Acquisition Corp II - Units (1 Ord Cls A & 1 Rts)$70MFinancial ServicesShell Companies-0.34
LNKSLinkers Industries Ltd - Class A$16MIndustrialsElectrical Equipment & Parts-0.34
AAUCAllied Gold Corporation$3.41BBasic MaterialsGold-0.33
YSXTYsx Tech Co.Ltd - Class A$24MIndustrialsSpecialty Business Services-0.33
STBXStarbox Group Holdings Ltd$1.14MCommunication ServicesInternet Content & Information-0.33
ENGNenGene Holdings Inc$115MHealthcareBiotechnology-0.33
FRBNForbion European Acquisition Corp - Class A$343MFinancial ServicesShell Companies-0.33
FVNFuture Vision II Acquisition Corporation$62MFinancial ServicesShell Companies-0.32
TSCOTractor Supply Company$16BConsumer CyclicalSpecialty Retail-0.32
AMGNAMGEN Inc$181BHealthcareDrug Manufacturers - General-0.32
ANLAdlai Nortye Ltd$317MHealthcareBiotechnology-0.32

ETFs that lowly correlated with GBTG

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
QCMDDirexion Daily QCOM Bear 1X ETF$2M1.00%Jun 24, 2025-0.91
PALDDirexion Daily PANW Bear 1X Shares$2.40M1.02%Feb 10, 2025-0.67
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.66
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $21M1.03%Feb 11, 2025-0.61
RTXGLeverage Shares 2X Long RTX Daily ETF$4MN/AJun 5, 2025-0.59
CSCSDirexion Daily CSCO Bear 1X ETF$1.80M1.00%Jun 24, 2025-0.59
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $14M1.11%Aug 14, 2024-0.58
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.20MN/AMay 15, 2024-0.57
ZSLProShares UltraShort Silver -2x Shares$145MN/ADec 1, 2008-0.51
FNGDBank of Montreal$68MN/AJan 22, 2018-0.50
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.49
XOMXDirexion Daily XOM Bull 2X Shares$7.90MN/AApr 22, 2025-0.47
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $23M0.50%Mar 6, 2024-0.47
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $17M1.02%Sep 6, 2022-0.47
SHRTGOTHAM SHORT STRATEGIES ETF $17M1.35%Jul 31, 2017-0.46
IAUINEOS GOLD HIGH INCOME ETF $427M0.79%Jun 4, 2025-0.46
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.45
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.45
GGLSDIREXION DAILY GOOGL BEAR 1X SHARES $17M1.02%Sep 6, 2022-0.44
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.43
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.42
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.42
BTCZT-REX 2X INVERSE BITCOIN DAILY TARGET ETF $26MN/AJul 9, 2024-0.42
FPASFPA SHORT DURATION GOVERNMENT ETF $6.90M0.10%Oct 31, 2024-0.42
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.42
SBITProShares UltraShort Bitcoin ETF$183MN/AApr 1, 2024-0.42
ETHDProShares UltraShort Ether ETF$84MN/AJun 6, 2024-0.40
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.39
MSDDGRANITESHARES 2X SHORT MSTR DAILY ETF $1MN/AJun 9, 2025-0.39
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $19M1.05%May 1, 2024-0.38
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.38
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.38
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $16M0.96%Aug 8, 2022-0.38
BILDMACQUARIE GLOBAL LISTED INFRASTRUCTURE ETF $7.80M0.50%Nov 28, 2023-0.37
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.37
SHLDGLOBAL X DEFENSE TECH ETF $8.10B0.50%Sep 11, 2023-0.37
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.37
WZRDOpportunistic Trader ETF$3.90M1.00%Jun 24, 2025-0.37
PLTZDefiance Daily Target 2x Short PLTR ETF$29MN/AJun 5, 2025-0.36
KEATKEATING ACTIVE ETF $120M0.85%Mar 26, 2024-0.36
BRAZGLOBAL X BRAZIL ACTIVE ETF $11M0.75%Aug 16, 2023-0.36
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.36
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.35
TSLQTradr 2X Short TSLA Daily ETF$159MN/AJul 13, 2022-0.35
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.34
YGLDSimplify Gold Strategy PLUS Income ETF$49M0.53%Dec 2, 2024-0.34
TSLZT-Rex 2X Inverse Tesla Daily Target ETF$46MN/AOct 18, 2023-0.34
SETHProShares Short Ether ETF$16M0.95%Nov 1, 2023-0.33
MLDRGLOBAL X INTERMEDIATE-TERM TREASURY LADDER ETF $9.30M0.12%Sep 9, 2024-0.33
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.33
WNTRYieldMax Short MSTR Option Income Strategy ETF$72M1.00%Mar 26, 2025-0.32
TSDDGRANITESHARES 2X SHORT TSLA DAILY ETF $42MN/AAug 21, 2023-0.32
BITIProShares Short Bitcoin ETF$187M1.01%Jun 21, 2022-0.32
TSLSDirexion Daily TSLA Bear 1X Shares$76M0.95%Aug 8, 2022-0.32