Skip to main content

Want a detailed portfolio tracker?

44 Stocks and 56 ETFs for diversifying Ferroglobe (GSM)

The least correlated asset to Ferroglobe (GSM) is ETF SLTY (YIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF). The correlation is -0.7977.

Stocks that lowly correlated with GSM

SymbolName
Market cap
SectorIndustry
Correlation
ASICAtegrity Specialty Holdings LLC$1.08BFinancial ServicesInsurance - Property & Casualty-0.59
FIGXFIGX Capital Acquisition Corp - Class A$159MFinancial ServicesShell Companies-0.56
CURXCuranex Pharmaceuticals Inc$6.11MHealthcareBiotechnology-0.55
OYSEOyster Enterprises II Acquisition Corp$268MFinancial ServicesShell Companies-0.55
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.53
OMSEOMS Energy Technologies Inc$197MEnergyOil & Gas Equipment & Services-0.52
DLXYDelixy Holdings Ltd$7.64MEnergyOil & Gas Refining & Marketing-0.51
SIShoulder Innovations Inc$452MN/AN/A-0.51
CHACUCrane Harbor Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$72MFinancial ServicesShell Companies-0.50
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.50
BMGLBasel Medical Group Ltd$9.61MHealthcareMedical Care Facilities-0.49
SAFXXCF Global Inc$145MUtilitiesUtilities - Renewable-0.48
LSBKLake Shore Bancorp Inc$134MFinancial ServicesBanks - Regional-0.47
HMCOHumanCo Acquisition Corp - Class A$387MN/AN/A-0.46
LWACLightWave Acquisition Corp - Class A$221MFinancial ServicesShell Companies-0.46
DTSQDT Cloud Star Acquisition Corp$70MFinancial ServicesShell Companies-0.44
BOWBowhead Specialty Holdings Inc$982MFinancial ServicesInsurance - Property & Casualty-0.44
OHPAUOrion Acquisition Corp - Units (1 Ord Share Class A & 1/4 War)$417MN/AN/A-0.42
UCFICN Healthy Food Tech Group Corp$288MConsumer DefensivePackaged Foods-0.42
IROHIron Horse Acquisitions Corp$263MFinancial ServicesShell Companies-0.42
OHPAOrion Acquisition Corp - Class A$417MN/AN/A-0.42
FTAAFTAC Athena Acquisition Corp - Class A$261MN/AN/A-0.41
EPWKEPWK Holdings Ltd - Class A$9.78KTechnologySoftware - Application-0.40
LPBBULaunch Two Acquisition Corp - Units (1 Ord Class A & 1/2 War)$250MFinancial ServicesShell Companies-0.39
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.39
CHARUCharlton Aria Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$20MFinancial ServicesShell Companies-0.39
FIGXUFIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$35MFinancial ServicesShell Companies-0.38
SLVRUSilverSPAC Inc - Units (1 Ord Share Class A & 1/4 War)$328MN/AN/A-0.38
HLNHaleon plc$44BHealthcareDrug Manufacturers - Specialty & Generic-0.37
BACCBlue Acquisition Corp - Class A$214MFinancial ServicesShell Companies-0.37
ZYBTZhengye Biotechnology Holding Ltd$35MHealthcareDrug Manufacturers - Specialty & Generic-0.37
PLBLPolibeli Group Ltd$2.84BConsumer CyclicalDepartment Stores-0.37
MAMKMaxsMaking Inc - Class A$195MIndustrialsConglomerates-0.37
HNGEHinge Health Inc - Class A$6.74BHealthcareHealth Information Services-0.36
TGHLGrowhub Ltd (The) - Class A$19MTechnologySoftware - Infrastructure-0.36
STRZStarz Entertainment Corp$468MCommunication ServicesEntertainment-0.35
GIBOGIBO Holdings Ltd$106MCommunication ServicesInternet Content & Information-0.35
TVAIThayer Ventures Acquisition Corporation II$208MFinancial ServicesShell Companies-0.34
TACHUTitan Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$691MFinancial ServicesShell Companies-0.34
DAICCID HoldCo Inc$40MTechnologyInformation Technology Services-0.33
NDACUNightDragon Acquisition Corp - Units (1 Ord Share Class A & 1/5 War)$444MN/AN/A-0.33
FVNNRFuture Vision II Acquisition Corporation Right$341KN/AN/A-0.33
DNTHDianthus Therapeutics Inc$5.45BHealthcareBiotechnology-0.32
WAYWaystar Holding Corp$4.35BHealthcareHealth Information Services-0.31

ETFs that lowly correlated with GSM

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.80
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.54
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.54
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.52
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.51
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.51
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $13MN/AMar 31, 2025-0.50
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.49
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.49
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.48
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.47
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.47
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.47
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.46
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.43
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.43
OILDBank of Montreal$53MN/ANov 8, 2021-0.43
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.42
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.41
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.40
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.40
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.39
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.39
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.38
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.38
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.38
GGOViShares Global Government Bond USD Hedged Active$2.90B0.39%Jun 25, 2025-0.38
WTIDBank of Montreal$18MN/AFeb 16, 2023-0.37
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.37
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$895MN/ANov 24, 2008-0.37
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.37
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.37
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.37
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.37
WXETTEUCRIUM 2X DAILY WHEAT ETF $7MN/ADec 12, 2024-0.37
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.37
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.36
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $35M1.05%Jul 9, 2024-0.36
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.36
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.36
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.36
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.36
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.36
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.35
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.35
BRKWROUNDHILL BRKB WEEKLYPAY ETF $16MN/AJun 17, 2025-0.33
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.33
TSLSDirexion Daily TSLA Bear 1X Shares$66M0.95%Aug 8, 2022-0.33
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.33
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.33
WNTRYieldMax Short MSTR Option Income Strategy ETF$81M1.00%Mar 26, 2025-0.33
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.33
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.32
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.32
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.31
CONIGRANITESHARES 2X SHORT COIN DAILY ETF $16MN/ASep 4, 2024-0.31