32 Stocks and 68 ETFs for diversifying Gerdau S.A. (GGB)
The least correlated asset to Gerdau S.A. (GGB) is company Decibel Therapeutics (DBTX). The correlation is -0.6613.
Stocks that lowly correlated with GGB
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| DBTX | Decibel Therapeutics Inc | $123M | N/A | N/A | -0.66 |
| RIBBU | Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $56M | Financial Services | Shell Companies | -0.59 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.58 |
| BDMD | Baird Medical Investment Holdings Ltd . | $39M | Healthcare | Medical Devices | -0.51 |
| EQV | EQV Ventures Acquisition Corp. | $466M | Financial Services | Shell Companies | -0.49 |
| CRCL | Circle Internet Group Inc - Class A | $19B | Financial Services | Capital Markets | -0.49 |
| MOBX | Mobix Labs Inc - Class A | $20M | Technology | Semiconductors | -0.47 |
| VCKAU | Scilex Holding Company - Units (1 Ord & 1/2 War) | $37M | N/A | N/A | -0.44 |
| GTERU | Globa Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts) | $53M | Financial Services | Shell Companies | -0.44 |
| HYAC | Haymaker Acquisition Corp. 4 | $330M | Financial Services | Shell Companies | -0.44 |
| ANNA | AleAnna Inc - Class A | $145M | Energy | Oil & Gas E&p | -0.43 |
| FORL | Four Leaf Acquisition Corporation Class A Common Stock | $47M | N/A | N/A | -0.42 |
| NAMI | Jinxin Technology Holding Company | $34M | Communication Services | Internet Content & Information | -0.42 |
| UBXG | U-BX Technology Ltd | $37M | Communication Services | Advertising Agencies | -0.41 |
| VNMEU | Vendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War) | $51M | Financial Services | Shell Companies | -0.40 |
| APRN | Blue Apron Holdings Inc - Class A | $100M | N/A | N/A | -0.40 |
| TURB | Turbo Energy S.A. | $7.58M | Technology | Solar | -0.40 |
| ASNS | Actelis Networks Inc | $2.02M | Technology | Communication Equipment | -0.39 |
| SVFAU | SVF Investment Corp - Units (1 Ord Share Class A & 1/5 War) | $766M | N/A | N/A | -0.38 |
| YSXT | Ysx Tech Co.Ltd - Class A | $25M | Industrials | Specialty Business Services | -0.37 |
| TTAN | ServiceTitan Inc - Class A | $6.78B | Technology | Software - Application | -0.37 |
| FLAC | Frazier Lifesciences Acquisition Corp - Class A | $175M | N/A | N/A | -0.37 |
| LGPS | LogProstyle Inc | $19M | Industrials | Conglomerates | -0.36 |
| ANGX | Angel Studios Inc - Class A | $482M | Communication Services | Entertainment | -0.36 |
| ZSPC | Zspace Inc | $2.96M | Technology | Computer Hardware | -0.35 |
| GCI | Gannett Co., Inc. | $1.41B | Communication Services | Publishing | -0.35 |
| SAFX | XCF Global Inc | $110M | Utilities | Utilities - Renewable | -0.35 |
| EPWK | EPWK Holdings Ltd - Class A | $9.78K | Technology | Software - Application | -0.35 |
| FMFC | Kandal M Venture Ltd - Class A | $7.47M | Consumer Cyclical | Footwear & Accessories | -0.35 |
| ORIQU | Origin Investment Corp I - Units (1 Ord Cls & 1/2 War) | $22M | Financial Services | Shell Companies | -0.35 |
| BIAF | BioAffinity Technologies Inc | $6.84M | Healthcare | Diagnostics & Research | -0.34 |
| GSRM | Bitcoin Depot Inc - Class A | $54M | N/A | N/A | -0.34 |