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74 Stocks and 26 ETFs for diversifying Great Elm Capital (GECCI)

The least correlated asset to Great Elm Capital (GECCI) is ETF NTRL (First Trust Equity Market Neutral ETF). The correlation is -1.

Stocks that lowly correlated with GECCI

SymbolName
Market cap
SectorIndustry
Correlation
RAINRain Enhancement Technologies Holdco, Inc. Class A Common Stock$13MIndustrialsPollution & Treatment Controls-0.95
INACIndigo Acquisition Corp$118MFinancial ServicesShell Companies-0.86
CHPGChampionsGate Acquisition Corp - Class A$78MFinancial ServicesShell Companies-0.74
CRAQCal Redwood Acquisition Corp$320MFinancial ServicesShell Companies-0.73
JENAJena Acquisition Corporation II Class A$242MFinancial ServicesShell Companies-0.71
SPEGUSilver Pegasus Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$35MFinancial ServicesShell Companies-0.71
VNMEWVendome Acquisition Corporation I Warrant$2.70MN/AN/A-0.69
EVACEDWARDS GROUP LTD Foreign$597MFinancial ServicesShell Companies-0.68
OBAOxley Bridge Acquisition Ltd - Class A$260MFinancial ServicesShell Companies-0.68
NPACNew Providence Acquisition Corp III - Class A$398MFinancial ServicesShell Companies-0.67
INACUIndigo Acquisition Corp - Units (1 Ord Shs & 1 Rts)$34MFinancial ServicesShell Companies-0.66
BCARUD. Boral ARC Acquisition I Corp Units$157MFinancial ServicesShell Companies-0.64
PLMIUPlum Acquisition Corp I - Units (1 Ord Share Class A & 1/5 War)$232MN/AN/A-0.64
PTWOUSBC Medical Group Holdings Inc - Units (1 Ord Class A & 1 War)$1.13BN/AN/A-0.62
FIGXFIGX Capital Acquisition Corp - Class A$159MFinancial ServicesShell Companies-0.61
TACHTitan Acquisition Corp - Class A$288MFinancial ServicesShell Companies-0.61
MBVIUM3 Brigade Acquisition VI Corp - Units (1 Ord Cls A & 1/3 War)$77MFinancial ServicesShell Companies-0.61
CEPFCantor Equity Partners IV Inc - Class A$597MFinancial ServicesShell Companies-0.61
OFSSOOFS Capital Corp$341MN/AN/A-0.61
RYOJrYojbaba Co. Ltd$51MIndustrialsConsulting Services-0.59
CCIIWCohen Circle Acquisition Corp II - Warrants(01/07/2030)$3.81MN/AN/A-0.59
LWACWLightWave Acquisition Corp - Warrants (06/06/2030)$178MN/AN/A-0.59
CNLCollective Mining Ltd.$1.14BBasic MaterialsGold-0.55
KCHVKochav Defense Acquisition Corp - Class A$263MFinancial ServicesShell Companies-0.55
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.54
EGHAEGH Acquisition Corp - Class A$212MFinancial ServicesShell Companies-0.53
MASK3 E Network Technology Group Ltd - Class A$1.60MTechnologySoftware - Application-0.53
VNMEVendome Acquisition Corporation I$254MFinancial ServicesShell Companies-0.52
IPCXInflection Point Acquisition Corp III - Class A$263MFinancial ServicesShell Companies-0.52
VNMEUVendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War)$52MFinancial ServicesShell Companies-0.52
HBNBHotel101 Global Holdings Corp$1.31BReal EstateReal Estate Services-0.51
DAAQDigital Asset Acquisition Corp - Class A$180MFinancial ServicesShell Companies-0.51
TE-WST1 Energy Inc Wt Exp$19MN/AN/A-0.51
COLARColumbus Acquisition Corp Rights$778KN/AN/A-0.50
TVAIRThayer Ventures Acquisition Corporation II Rights$166KN/AN/A-0.50
SMXTSolarMax Technology Inc$20MTechnologySolar-0.48
MKLYUMcKinley Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$59MFinancial ServicesShell Companies-0.48
DMDesktop Metal Inc - Class A$165MN/AN/A-0.48
GTENGores Holdings X Inc - Class A$471MFinancial ServicesShell Companies-0.47
HCMAUHCM III Acquisition Corp - Units (1 Ord Cls A & 1 War)$77MFinancial ServicesShell Companies-0.47
CEPTCantor Equity Partners II Inc - Class A$284MFinancial ServicesShell Companies-0.47
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.46
RANIRani Therapeutics Holdings Inc Class A$122MHealthcareBiotechnology-0.46
QSEARQuartzsea Acquisition Corp$845KN/AN/A-0.45
EXEExpand Energy Corporation$21BEnergyOil & Gas E&p-0.45
MAMKMaxsMaking Inc - Class A$195MIndustrialsConglomerates-0.44
NSRXNasus Pharma Ltd$28MHealthcareDrug Manufacturers - General-0.44
LWACLightWave Acquisition Corp - Class A$221MFinancial ServicesShell Companies-0.44
NXLNexalin Technology Inc$9.65MHealthcareMedical Devices-0.43
LEDSSemileds Corp$21MTechnologySemiconductors-0.43
HSPTHorizon Space Acquisition II Corp$61MFinancial ServicesShell Companies-0.43
LBLandbridge Company LLC. - Class A$5.70BEnergyOil & Gas Equipment & Services-0.43
OYSEOyster Enterprises II Acquisition Corp$268MFinancial ServicesShell Companies-0.42
KYIVKyivstar Group Ltd$3.48BCommunication ServicesTelecom Services-0.42
MLACUMountain Lake Acquisition Corp - Units (1 Ord Cls A & 1Rts)$48MN/AN/A-0.42
OXSQHOxford Square Capital Corp$2.35BN/AN/A-0.42
DFSCDEFSEC Technologies Inc Com$3.99MIndustrialsAerospace & Defense-0.42
INDOIndonesia Energy Corp Ltd$43MEnergyOil & Gas E&p-0.42
TVAIUThayer Ventures Acquisition Corp II - Units (1 Ord Cls A & 1 Rts)$9.15MFinancial ServicesShell Companies-0.42
RDAGRepublic Digital Acquisition Co. - Class A$311MFinancial ServicesShell Companies-0.41
SLDESlide Insurance Holdings Inc$2.32BFinancial ServicesInsurance - Property & Casualty-0.41
JFBJFB Construction Holdings$63MReal EstateReal Estate - Development-0.41
CAEPCantor Equity Partners III Inc - Class A$420MFinancial ServicesShell Companies-0.41
ATIIArchimedes Tech SPAC Partners II Company$247MFinancial ServicesShell Companies-0.41
WTGWintergreen Acquisition Corp$58MFinancial ServicesShell Companies-0.41
EUDAEuda Health Holdings Ltd$34MReal EstateReal Estate Services-0.41
HMRSports Properties Acquisition Corp$65MIndustrialsMarine Shipping-0.40
OAKUOak Woods Acquisition Corp - Class A$44MFinancial ServicesShell Companies-0.40
AACIArmada Acquisition Corp I$77MFinancial ServicesShell Companies-0.40
NLNL Industries Inc$295MIndustrialsSecurity & Protection Services-0.40
RDACURising Dragon Acquisition Corp - Units (1 Ord Shs & 1 Rts)$13MFinancial ServicesShell Companies-0.40
PMTRPerimeter Acquisition Corp I - Class A$258MFinancial ServicesShell Companies-0.40
OMSEOMS Energy Technologies Inc$197MEnergyOil & Gas Equipment & Services-0.40
CYBNCybin Inc$408MHealthcareBiotechnology-0.40

ETFs that lowly correlated with GECCI

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
NTRLFirst Trust Equity Market Neutral ETF$19M0.95%Feb 4, 2020-1.00
XCOMUltra Communication Services Select Sector ETF$384KN/AJun 2, 2026-1.00
ONGLeverage Shares 2X Long ON Daily ETF$1.90MN/AJun 1, 2026-1.00
EMEMSOPHUS CAPITAL EMERGING MARKET ETF $61M0.65%May 19, 2026-0.82
QALTSEI DBI MULTI-STRATEGY ALTERNATIVE ETF $194M0.80%Jun 30, 2023-0.59
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.55
DVXVWEBs Defined Volatility XLV ETF$480K0.89%Jul 22, 2025-0.53
TYODIREXION DAILY 7-10 YEAR TREASURY BEAR 3X SHARES $12MN/AApr 16, 2009-0.50
PSTPROSHARES ULTRASHORT 7-10 YEAR TREASURY $11MN/AApr 29, 2008-0.50
TBXPROSHARES SHORT 7-10 YEAR TREASURY $20M0.95%Apr 4, 2011-0.49
PPIInvestment Managers Series Trust II Astoria Real Assets ETF$155M0.58%Dec 30, 2021-0.49
TMVDIREXION DAILY 20+ YEAR TREASURY BEAR 3X SHARES $163MN/AApr 16, 2009-0.49
TTTProShares UltraPro Short 20+ Year Treasury -3x Shares$17MN/AMar 27, 2012-0.48
TBTPROSHARES ULTRASHORT 20+ YEAR TREASURY $280MN/AApr 29, 2008-0.48
TBFPROSHARES SHORT 20+ YEAR TREASURY $87M0.95%Aug 18, 2009-0.48
XLVISTATE STREET(R) HEALTH CARE SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)HEALTH CARE SELECT SECTOR SPDR(R) PREMIUM INCOME ETF$16M0.35%Jul 29, 2025-0.48
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $176M0.50%May 10, 2021-0.47
ELILDirexion Daily LLY Bull 2X Shares$23MN/AMar 25, 2025-0.46
CSCLDirexion Daily CSCO Bull 2X ETF$16MN/AJun 24, 2025-0.44
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.42
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.42
HECAHEDGEYE CAPITAL ALLOCATION ETF $312M1.30%Jun 30, 2025-0.41
AMDWROUNDHILL AMD WEEKLYPAY ETF $122MN/AJul 23, 2025-0.41
SBILSimplify Government Money Market ETF$5B0.15%Jul 14, 2025-0.41
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $274M1.04%Sep 30, 2021-0.41
REFACOLUMBIA RESEARCH ENHANCED INTERNATIONAL EQUITY ETF $5.60M0.32%Dec 11, 2025-0.40