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31 Stocks and 69 ETFs for diversifying Hudbay Minerals (HBM)

The least correlated asset to Hudbay Minerals (HBM) is company Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) (WTGUU). The correlation is -0.7137.

Stocks that lowly correlated with HBM

SymbolName
Market cap
SectorIndustry
Correlation
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.71
OMSEOMS Energy Technologies Inc$201MEnergyOil & Gas Equipment & Services-0.54
STAKStak Inc$17MEnergyOil & Gas Equipment & Services-0.51
TMDETMD Energy Ltd$18MEnergyOil & Gas Midstream-0.51
DBTXDecibel Therapeutics Inc$123MN/AN/A-0.50
CRCLCircle Internet Group Inc - Class A$25BFinancial ServicesCapital Markets-0.50
TACHTitan Acquisition Corp - Class A$286MFinancial ServicesShell Companies-0.47
SAFXXCF Global Inc$126MUtilitiesUtilities - Renewable-0.44
HNGEHinge Health Inc - Class A$4.21BHealthcareHealth Information Services-0.44
VCKAUScilex Holding Company - Units (1 Ord & 1/2 War)$37MN/AN/A-0.43
BOWBowhead Specialty Holdings Inc$886MFinancial ServicesInsurance - Property & Casualty-0.43
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.41
ANGXAngel Studios Inc - Class A$474MCommunication ServicesEntertainment-0.40
WYHGWing Yip Food Holdings Group Ltd$43MConsumer DefensivePackaged Foods-0.40
MNTNMNTN Inc - Class A$653MTechnologySoftware - Application-0.40
STRZStarz Entertainment Corp$380MCommunication ServicesEntertainment-0.39
NTCLNetClass Technology Inc - Class A$8.13MTechnologySoftware - Application-0.38
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.38
PNSkycorp Solar Group Ltd - Series A$100MTechnologySolar-0.37
EQVEQV Ventures Acquisition Corp.$466MFinancial ServicesShell Companies-0.37
APUSApimeds Pharmaceuticals US Inc$1.82MHealthcareDrug Manufacturers - Specialty & Generic-0.35
ETOREtoro Group Ltd - Class A$3.64BFinancial ServicesCapital Markets-0.35
EPWKEPWK Holdings Ltd - Class A$9.78KTechnologySoftware - Application-0.35
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.35
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.34
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.34
LGPSLogProstyle Inc$16MIndustrialsConglomerates-0.34
MOBXMobix Labs Inc - Class A$20MTechnologySemiconductors-0.33
RIBBRRibbon Acquisition Corp Rights$277KN/AN/A-0.33
ZYBTZhengye Biotechnology Holding Ltd$41MHealthcareDrug Manufacturers - Specialty & Generic-0.33
ASICAtegrity Specialty Holdings LLC$969MFinancial ServicesInsurance - Property & Casualty-0.33

ETFs that lowly correlated with HBM

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.70
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.66
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.65
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.64
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.64
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.63
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.59
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.59
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.59
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.58
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.58
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.56
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.56
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.55
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.55
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.54
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.54
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.53
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.53
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.53
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.53
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.52
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.52
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.52
NFLWROUNDHILL NFLX WEEKLYPAY ETF $16MN/AJun 17, 2025-0.52
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.52
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.52
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.51
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.51
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.50
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.49
GGOViShares Global Government Bond USD Hedged Active$44M0.39%Jun 25, 2025-0.48
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.47
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.47
ZSLProShares UltraShort Silver -2x Shares$145MN/ADec 1, 2008-0.46
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.46
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.44
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.43
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3MN/AJun 16, 2009-0.43
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.43
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.43
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.43
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.43
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.43
WTIDBank of Montreal$6.60MN/AFeb 16, 2023-0.42
TNGYTORTOISE ENERGY ETF $600M0.85%Dec 27, 2010-0.42
OILDBank of Montreal$19MN/ANov 8, 2021-0.41
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $14M1.11%Aug 14, 2024-0.41
FXPProShares UltraShort FTSE China 50 -2x Shares$5.60MN/ANov 6, 2007-0.40
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $40MN/ANov 6, 2008-0.39
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.39
YXIProShares Short FTSE China 50 -1x Shares$4.30M0.95%Mar 16, 2010-0.39
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.39
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.20MN/AMay 15, 2024-0.39
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.38
METDDIREXION DAILY META BEAR 1X SHARES $8.60M1.02%Jun 5, 2024-0.37
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.37
GGLSDIREXION DAILY GOOGL BEAR 1X SHARES $17M1.02%Sep 6, 2022-0.37
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.36
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.36
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $23M0.50%Mar 6, 2024-0.36
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $396M0.51%Dec 18, 2013-0.35
GLLProShares UltraShort Gold -2x Shares$115MN/ADec 1, 2008-0.34
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.34
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $9.80M1.05%Jul 23, 2024-0.33
YANGDIREXION DAILY FTSE CHINA BEAR 3X SHARES $110MN/ADec 3, 2009-0.33
QIDPROSHARES ULTRASHORT QQQ $279MN/AJul 11, 2006-0.33
NFXLDIREXION DAILY NFLX BULL 2X SHARES $176MN/AOct 2, 2024-0.33
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.32