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67 Stocks and 33 ETFs for diversifying HUTCHMED (China) (HCM)

The least correlated asset to HUTCHMED (China) (HCM) is company Sports Properties Acquisition (HMR). The correlation is -0.7476.

Stocks that lowly correlated with HCM

SymbolName
Market cap
SectorIndustry
Correlation
HMRSports Properties Acquisition Corp$65MIndustrialsMarine Shipping-0.75
BSAABEST SPAC I Acquisition Corp - Class A$63MFinancial ServicesShell Companies-0.67
ORIQUOrigin Investment Corp I - Units (1 Ord Cls & 1/2 War)$22MFinancial ServicesShell Companies-0.61
AXINAxiom Intelligence Acquisition Corp 1 - Class A$341MFinancial ServicesShell Companies-0.60
OYSEOyster Enterprises II Acquisition Corp$268MFinancial ServicesShell Companies-0.58
WETOWetour Robotics Ltd$11MTechnologySoftware - Infrastructure-0.56
GENVRGen Digital Inc$843MN/AN/A-0.56
ELOGEastern International Ltd$9.59MIndustrialsIntegrated Freight & Logistics-0.56
NTCLNetClass Technology Inc - Class A$8.13MTechnologySoftware - Application-0.52
RALRALSTON PURINA CO$7.56BTechnologyElectronic Components-0.52
MWYNMarwynn Holdings Inc$20MConsumer CyclicalFurnishings, Fixtures & Appliances-0.52
KYIVKyivstar Group Ltd$3.48BCommunication ServicesTelecom Services-0.52
TDACUTranslational Development Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$26MFinancial ServicesShell Companies-0.51
JLHLJulong Holding Ltd - Class A$219MIndustrialsBuilding Products & Equipment-0.51
NHICUNewHold Investment Corp III - Units (1 Ord Cls A & 1/2 War)$210MN/AN/A-0.49
FATNFatpipe Inc$67MTechnologySoftware - Infrastructure-0.48
DFSCDEFSEC Technologies Inc Com$3.99MIndustrialsAerospace & Defense-0.48
AMBQAmbiq Micro Inc$1.76BTechnologySemiconductors-0.47
NHICNewHold Investment Corp III - Class A$202MN/AN/A-0.47
NHICWNewHold Investment Corp III - Warrants (01/01/9999)$171MN/AN/A-0.47
IBGInnovation Beverage Group Ltd$1.60MConsumer DefensiveBeverages - Wineries & Distilleries-0.46
TVAIThayer Ventures Acquisition Corporation II$208MFinancial ServicesShell Companies-0.46
BMHLBluemount Holdings Ltd$146MFinancial ServicesCapital Markets-0.46
CAEPCantor Equity Partners III Inc - Class A$420MFinancial ServicesShell Companies-0.46
QSEARQuartzsea Acquisition Corp$845KN/AN/A-0.44
HCHLHappy City Holdings Ltd - Class A$59MConsumer CyclicalRestaurants-0.44
CGCTCartesian Growth Corporation III Class A Ordinary Shares$283MFinancial ServicesShell Companies-0.44
TE-WST1 Energy Inc Wt Exp$19MN/AN/A-0.44
CVCapsoVision Inc$315MHealthcareMedical Devices-0.44
LCCCRLakeshore Acquisition III Corp$349KN/AN/A-0.44
CHAChagee Holdings Ltd$1.84BConsumer CyclicalRestaurants-0.44
WYHGWing Yip Food Holdings Group Ltd$59MConsumer DefensivePackaged Foods-0.43
STAKStak Inc$55MEnergyOil & Gas Equipment & Services-0.43
SPKLUSpark I Acquisition Corp - Units (1 Ord Class A & 1/2 War)$82MFinancial ServicesShell Companies-0.43
DTSQUDT Cloud Star Acquisition Corp - Units (1Ord & 1 Rts)$75MFinancial ServicesShell Companies-0.42
LCCCLakeshore Acquisition III Corp$72MFinancial ServicesShell Companies-0.42
OFSSOOFS Capital Corp$341MN/AN/A-0.42
LIONLionsgate Studios Corp - New$3.99BFinancial ServicesShell Companies-0.41
SIMAUSIM Acquisition Corp I$251MFinancial ServicesShell Companies-0.41
GTERUGloba Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts)$53MFinancial ServicesShell Companies-0.41
CRAQCal Redwood Acquisition Corp$320MFinancial ServicesShell Companies-0.41
BKHAUBlack Hawk Acquisition Corp - Units (1 Ord Share Cls A & 1/5 Rts )$39MFinancial ServicesShell Companies-0.41
RDZNRoadzen Inc$92MTechnologySoftware - Application-0.41
UMACUnusual Machines Inc$885MTechnologyComputer Hardware-0.40
IPEXUInflection Point Acquisition Corp V - Units (1 Ord Cls A & 1 Rts)$29MFinancial ServicesShell Companies-0.40
OSTXOS Therapies Inc$61MHealthcareBiotechnology-0.39
HNGEHinge Health Inc - Class A$6.74BHealthcareHealth Information Services-0.39
MACIUMelar Acquisition Corp I - Units (1 Ord Class A & 1 War)$178MFinancial ServicesShell Companies-0.39
TRAKDealerTrack Technologies Inc$162MTechnologySoftware - Application-0.38
FGMCUFG Merger II Corp - Units (1 Ord & 1/2 War)$91MFinancial ServicesShell Companies-0.37
FACTUFACT II Acquisition Corp - Units (1 Ord Class A & 1/2 War)$56MFinancial ServicesShell Companies-0.37
WFFWF Holding Ltd$12MIndustrialsSpecialty Industrial Machinery-0.37
NSRXNasus Pharma Ltd$28MHealthcareDrug Manufacturers - General-0.37
SNTISenti Biosciences Inc$32MHealthcareBiotechnology-0.36
RIBBRibbon Acquisition Corp$41MFinancial ServicesShell Companies-0.36
RDACURising Dragon Acquisition Corp - Units (1 Ord Shs & 1 Rts)$13MFinancial ServicesShell Companies-0.36
TACHTitan Acquisition Corp - Class A$288MFinancial ServicesShell Companies-0.36
CCIIWCohen Circle Acquisition Corp II - Warrants(01/07/2030)$3.81MN/AN/A-0.36
IPODUDune Acquisition Corp II - Units (1 Ord Cls A & 1 War)$156MFinancial ServicesShell Companies-0.35
CCIXChurchill Capital Corp IX$312MFinancial ServicesShell Companies-0.35
VNMEVendome Acquisition Corporation I$254MFinancial ServicesShell Companies-0.35
HTLMHomesToLife Ltd$168MConsumer CyclicalSpecialty Retail-0.35
RUMBWRumble Inc Wt Exp 02182028$483MCommunication ServicesInternet Content & Information-0.35
NVNINvni Group Ltd$16MTechnologySoftware - Application-0.35
TOPPToppoint Holdings Inc$15MIndustrialsTrucking-0.34
FTRKFast Track Group.$9.53MCommunication ServicesEntertainment-0.34
BCARBank of the Carolinas CORP$303MFinancial ServicesShell Companies-0.34

ETFs that lowly correlated with HCM

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
CSCLDirexion Daily CSCO Bull 2X ETF$16MN/AJun 24, 2025-0.64
YXIProShares Short FTSE China 50 -1x Shares$5M0.95%Mar 16, 2010-0.50
DLLLGRANITESHARES 2X LONG DELL DAILY ETF $161MN/AFeb 12, 2025-0.50
DVXKWEBs Defined Volatility XLK ETF$8M0.89%Jul 22, 2025-0.49
FXPProShares UltraShort FTSE China 50 -2x Shares$7.60MN/ANov 6, 2007-0.49
QGRDHORIZON NASDAQ-100 DEFINED RISK ETF $106M0.85%Jul 9, 2025-0.48
QCMUDirexion Daily QCOM Bull 2X ETF$30MN/AJun 24, 2025-0.47
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $298M0.90%Dec 1, 2020-0.47
YANGDIREXION DAILY FTSE CHINA BEAR 3X SHARES $104MN/ADec 3, 2009-0.46
SGVTSCHWAB GOVERNMENT MONEY MARKET ETF $770M0.28%Jun 11, 2025-0.45
TSLYYIELDMAX(R) TSLA OPTION INCOME STRATEGY ETF $819M1.07%Nov 22, 2022-0.43
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.42
GXPTGLOBAL X PURECAP MSCI INFORMATION TECHNOLOGY ETF $121M0.15%Jul 22, 2025-0.41
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.41
NOWLGRANITESHARES 2X LONG NOW DAILY ETF $286MN/AJul 14, 2025-0.41
TRUTVANECK TECHNOLOGY TRUSECTOR ETF $163M0.14%Aug 20, 2025-0.40
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.40
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.39
TRSYXTRACKERS US 0-1 YEAR TREASURY ETF $68M0.06%Oct 8, 2024-0.39
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.39
QCMLGRANITESHARES 2X LONG QCOM DAILY ETF $136MN/AFeb 12, 2025-0.39
CRWLGRANITESHARES 2X LONG CRWD DAILY ETF $53MN/ANov 11, 2024-0.37
AALGLEVERAGE SHARES 2X LONG AAL DAILY ETF $5.30MN/AJul 10, 2025-0.37
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.36
PALUDirexion Daily PANW Bull 2X Shares$34MN/AMar 25, 2025-0.36
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.36
ARMGLEVERAGE SHARES 2X LONG ARM DAILY ETF $127MN/AJan 13, 2025-0.36
AMDWROUNDHILL AMD WEEKLYPAY ETF $122MN/AJul 23, 2025-0.36
JHAIJANUS HENDERSON GLOBAL ARTIFICIAL INTELLIGENCE ETF $27M0.59%Aug 19, 2025-0.35
AIOOALLIANZIM U.S. EQUITY BUFFER100 PROTECTION ETF $39M0.64%Jun 30, 2025-0.35
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.35
LABXTRADR 2X LONG ALAB DAILY ETF $136MN/AAug 11, 2025-0.35
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.34