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63 Stocks and 37 ETFs for diversifying HUTCHMED (China) (HCM)

The least correlated asset to HUTCHMED (China) (HCM) is company Sports Properties Acquisition (HMR). The correlation is -0.6643.

Stocks that lowly correlated with HCM

SymbolName
Market cap
SectorIndustry
Correlation
HMRSports Properties Acquisition Corp$73MIndustrialsMarine Shipping-0.66
GIBOGIBO Holdings Ltd$42MCommunication ServicesInternet Content & Information-0.65
CRAQCal Redwood Acquisition Corp$320MFinancial ServicesShell Companies-0.54
DXFN/A$2.89MFinancial ServicesCredit Services-0.53
CNCKCoincheck Group N.V.$276MFinancial ServicesCapital Markets-0.52
DFSCDEFSEC Technologies Inc Com$8.73MIndustrialsAerospace & Defense-0.52
MWYNMarwynn Holdings Inc$17MConsumer CyclicalFurnishings, Fixtures & Appliances-0.49
RAAQReal Asset Acquisition Corp - Class A$196MFinancial ServicesShell Companies-0.49
JLHLJulong Holding Ltd - Class A$457MIndustrialsBuilding Products & Equipment-0.48
YHNAUYHN Acquisition I Ltd - Units (1 Ord & 1 Rts)$64MFinancial ServicesShell Companies-0.47
CAEPCantor Equity Partners III Inc - Class A$420MFinancial ServicesShell Companies-0.44
ACTUActuate Therapeutics Inc$50MHealthcareBiotechnology-0.43
RDZNRoadzen Inc$149MTechnologySoftware - Application-0.43
HNGEHinge Health Inc - Class A$4.21BHealthcareHealth Information Services-0.43
CSAICloudastructure Inc - Class A$8.98MTechnologySoftware - Infrastructure-0.42
RDACURising Dragon Acquisition Corp - Units (1 Ord Shs & 1 Rts)$13MFinancial ServicesShell Companies-0.42
IPEXUInflection Point Acquisition Corp V - Units (1 Ord Cls A & 1 Rts)$29MFinancial ServicesShell Companies-0.42
IBGInnovation Beverage Group Ltd$1.22MConsumer DefensiveBeverages - Wineries & Distilleries-0.42
GENVRGen Digital Inc$1.02BN/AN/A-0.42
BCGBinah Capital Group Inc$28MFinancial ServicesAsset Management-0.41
QSEARQuartzsea Acquisition Corp$814KN/AN/A-0.41
DXYZDestiny Tech100 Inc$629MFinancial ServicesAsset Management-0.40
CBNAChain Bridge Bancorp Inc - Class A$237MFinancial ServicesBanks - Regional-0.40
ATIIUArchimedes Tech SPAC Partners II Co. - Units (1 Ord & 1/2 War)$294MFinancial ServicesShell Companies-0.39
TRAKDealerTrack Technologies Inc$188MTechnologySoftware - Application-0.39
NVNINvni Group Ltd$12MTechnologySoftware - Application-0.39
RALRalliant Corporation$6.99BN/AN/A-0.39
TE-WST1 Energy Inc Wt Exp$636MN/AN/A-0.39
OSTXOS Therapies Inc$74MHealthcareBiotechnology-0.38
WYHGWing Yip Food Holdings Group Ltd$43MConsumer DefensivePackaged Foods-0.38
CCIXChurchill Capital Corp IX$310MFinancial ServicesShell Companies-0.38
ET-P-IEnergy Transfer LP$40BN/AN/A-0.38
HCHLHappy City Holdings Ltd - Class A$59MConsumer CyclicalRestaurants-0.37
INLFINLIF Ltd$68MIndustrialsSpecialty Industrial Machinery-0.37
UMACUnusual Machines Inc$900MTechnologyComputer Hardware-0.37
CONConcentra Group Holdings Parent Inc$3.30BHealthcareMedical Care Facilities-0.37
SIMAUSIM Acquisition Corp I$251MFinancial ServicesShell Companies-0.37
COLAColumbus Acquisition Corp$35MFinancial ServicesShell Companies-0.37
SNTISenti Biosciences Inc$31MHealthcareBiotechnology-0.36
WETOWebus International Ltd$11MTechnologySoftware - Infrastructure-0.36
TVAIUThayer Ventures Acquisition Corp II - Units (1 Ord Cls A & 1 Rts)$10MFinancial ServicesShell Companies-0.36
HCAIHuachen AI Parking Management Technology Holding Co. Ltd$13MIndustrialsFarm & Heavy Construction Machinery-0.35
RRRichtech Robotics Inc - Class B$645MIndustrialsSpecialty Industrial Machinery-0.35
STFSStar Fashion Culture Holdings Ltd - Class A$903KCommunication ServicesAdvertising Agencies-0.35
RAINRain Enhancement Technologies Holdco, Inc. Class A Common Stock$19MIndustrialsPollution & Treatment Controls-0.35
MDCXWMedicus Pharma Ltd warrant$14MHealthcareDrug Manufacturers - General-0.35
CVKDCadrenal Therapeutics Inc$12MHealthcareBiotechnology-0.34
NTCLNetClass Technology Inc - Class A$8.13MTechnologySoftware - Application-0.34
VSTSVestis Corporation$1.58BIndustrialsRental & Leasing Services-0.34
EPWKEPWK Holdings Ltd - Class A$9.78KTechnologySoftware - Application-0.34
HTLMHomesToLife Ltd$157MConsumer CyclicalSpecialty Retail-0.34
TTANServiceTitan Inc - Class A$5.85BTechnologySoftware - Application-0.33
RAAQUReal Asset Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$69MFinancial ServicesShell Companies-0.33
FATNFatpipe Inc$68MTechnologySoftware - Infrastructure-0.33
NAMIJinxin Technology Holding Company$34MCommunication ServicesInternet Content & Information-0.33
RUMBWRumble Inc Wt Exp 02182028$647MCommunication ServicesInternet Content & Information-0.33
TDACUTranslational Development Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$26MFinancial ServicesShell Companies-0.33
FTRKFast Track Group.$8.26MCommunication ServicesEntertainment-0.33
VEEAVeea Inc$35MTechnologyInformation Technology Services-0.33
LCCCLakeshore Acquisition III Corp$72MFinancial ServicesShell Companies-0.33
GPORGulfport Energy Corp (New)$3.08BEnergyOil & Gas E&p-0.32
NVCTNuvectis Pharma Inc$269MHealthcareBiotechnology-0.32
CGCTCartesian Growth Corp III - Class A$283MFinancial ServicesShell Companies-0.32

ETFs that lowly correlated with HCM

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
CSCLDirexion Daily CSCO Bull 2X ETF$5MN/AJun 24, 2025-0.58
QBProShares Nasdaq100 Dynamic Buffer ETF$1.40M0.58%Jun 24, 2025-0.53
QCMUDirexion Daily QCOM Bull 2X ETF$22MN/AJun 24, 2025-0.52
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $307M0.90%Dec 1, 2020-0.50
YXIProShares Short FTSE China 50 -1x Shares$4.30M0.95%Mar 16, 2010-0.49
TSIIREX TSLA GROWTH & INCOME ETF $41MN/AJun 3, 2025-0.48
FXPProShares UltraShort FTSE China 50 -2x Shares$5.60MN/ANov 6, 2007-0.47
TSLYYIELDMAX(R) TSLA OPTION INCOME STRATEGY ETF $837M1.07%Nov 22, 2022-0.46
YANGDIREXION DAILY FTSE CHINA BEAR 3X SHARES $110MN/ADec 3, 2009-0.44
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.43
TRSYXtrackers US 0-1 Year Treasury ETF$74M0.06%Oct 8, 2024-0.42
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.42
QCMLGRANITESHARES 2X LONG QCOM DAILY ETF $30MN/AFeb 12, 2025-0.41
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.39
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.39
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.39
TSLGLEVERAGE SHARES 2X LONG TSLA DAILY ETF $38MN/ADec 12, 2024-0.37
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.36
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.36
CRWLGRANITESHARES 2X LONG CRWD DAILY ETF $41MN/ANov 11, 2024-0.35
AAPWROUNDHILL AAPL WEEKLYPAY ETF $39MN/AFeb 18, 2025-0.35
TSLRGRANITESHARES 2X LONG TSLA DAILY ETF $123MN/AAug 21, 2023-0.35
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.35
FBProShares S&P 500 Dynamic Buffer ETF$1.70M0.58%Jun 24, 2025-0.35
BOXXALPHA ARCHITECT 1-3 MONTH BOX ETF $11B0.19%Dec 27, 2022-0.34
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $228M1.04%Sep 30, 2021-0.34
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.34
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.34
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.34
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.33
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.33
RXDProShares UltraShort Health Care -2x Shares$4.90MN/AJan 30, 2007-0.33
CRMGLEVERAGE SHARES 2X LONG CRM DAILY ETF $31MN/AFeb 9, 2026-0.33
TSYYGRANITESHARES YIELDBOOST TSLA ETF $126M1.15%Dec 17, 2024-0.33
DLLLGRANITESHARES 2X LONG DELL DAILY ETF $24MN/AFeb 12, 2025-0.33
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.33
TSLLDIREXION DAILY TSLA BULL 2X SHARES $5.10BN/AAug 8, 2022-0.32