88 Stocks and 12 ETFs for diversifying HCM III Acquisition Corp - Units (1 Ord Cls A & 1 War) (HCMAU)
The least correlated asset to HCM III Acquisition Corp - Units (1 Ord Cls A & 1 War) (HCMAU) is ETF NTRL (First Trust Equity Market Neutral ETF). The correlation is -1.
Stocks that lowly correlated with HCMAU
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| YMAB | Y-Mabs Therapeutics Inc | $390M | Healthcare | Biotechnology | -1.00 |
| TURN | 180 Degree Capital Corp | $50M | Financial Services | Asset Management | -1.00 |
| THTX | Theratechnologies Inc | $167M | Healthcare | Biotechnology | -1.00 |
| OLO | Olo Inc - Class A | $1.87B | Technology | Software - Application | -1.00 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -1.00 |
| DRRX | Durect Corp | $60M | Healthcare | Drug Manufacturers - Specialty & Generic | -1.00 |
| DALN | DallasNews Corporation - Class A | $88M | N/A | N/A | -1.00 |
| ANTE | AirNet Technology Inc | $89M | N/A | N/A | -1.00 |
| COOP | Mr. Cooper Group Inc | $14B | Financial Services | Mortgage Finance | -0.98 |
| AVDX | AvidXchange Holdings Inc | $2.07B | Technology | Software - Infrastructure | -0.98 |
| MLNK | MeridianLink, Inc. | $170M | Technology | Software - Application | -0.96 |
| MGRM | Monogram Technologies Inc | $213M | Healthcare | Medical Devices | -0.92 |
| AMBC | AMBAC Financial Group Inc | $438M | Financial Services | Insurance - Specialty | -0.86 |
| AMBI | Ambipar Emergency Response - Class A | $148M | Industrials | Waste Management | -0.83 |
| SRDX | Surmodics Inc | $614M | Healthcare | Medical Devices | -0.83 |
| WHF | WhiteHorse Finance Inc | $141M | Financial Services | Asset Management | -0.81 |
| GECCH | Great Elm Capital Corp | $350M | N/A | N/A | -0.81 |
| SNV-P-D | Synovus Financial Corp | $3.51B | N/A | Other | -0.79 |
| ECPG | Encore Capital Group Inc | $1.93B | Financial Services | Credit Services | -0.79 |
| CHMI | Cherry Hill Mortgage Investment Corporation | $85M | Real Estate | Reit - Mortgage | -0.79 |
| VRNA | Verona Pharma Plc | $78B | Healthcare | Biotechnology | -0.77 |
| HFFG | HF Foods Group Inc | $90M | Consumer Defensive | Food Distribution | -0.77 |
| MLTX | MoonLake Immunotherapeutics - Class A | $1.42B | Healthcare | Biotechnology | -0.77 |
| BODI | The Beachbody Company Inc Class A | $79M | Communication Services | Internet Content & Information | -0.76 |
| MQ | Marqeta Inc - Class A | $1.86B | Technology | Software - Infrastructure | -0.76 |
| TDAY | Gannett Co Inc | $1.26B | Communication Services | Publishing | -0.76 |
| REFI | Chicago Atlantic Real Estate Finance Inc | $226M | Real Estate | Reit - Mortgage | -0.75 |
| ICE | Intercontinental Exchange Inc | $79B | Financial Services | Financial Data & Stock Exchanges | -0.73 |
| GMRE | Global Medical REIT Inc | $476M | Real Estate | Reit - Healthcare Facilities | -0.73 |
| SAND | Sandstorm Gold Ltd | $3.63B | Basic Materials | Gold | -0.73 |
| UCFI | CN Healthy Food Tech Group Corp | $288M | Consumer Defensive | Packaged Foods | -0.73 |
| IROH | Iron Horse Acquisitions Corp | $263M | Financial Services | Shell Companies | -0.73 |
| ARX | Accelerant Holdings - Class A | $2.82B | Financial Services | Insurance Brokers | -0.73 |
| NYT | New York Times Co. - Class A | $12B | Communication Services | Publishing | -0.72 |
| MH | McGraw Hill Inc | $1.95B | Consumer Defensive | Education & Training Services | -0.72 |
| EB | Eventbrite Inc - Class A | $453M | Communication Services | Internet Content & Information | -0.72 |
| CBL | CBL& Associates Properties Inc - New | $1.64B | Real Estate | Reit - Retail | -0.72 |
| OUT | Outfront Media Inc | $5.86B | Real Estate | Reit - Specialty | -0.71 |
| PHLT | Performant Healthcare Inc | $626M | Healthcare | Health Information Services | -0.71 |
| PLUR | Pluri Inc | $18M | Healthcare | Biotechnology | -0.71 |
| PDEX | Pro-Dex Inc (co) | $181M | Healthcare | Medical Instruments & Supplies | -0.71 |
| ISRL | Israel Acquisitions Corp - Class A | $79M | Financial Services | Shell Companies | -0.71 |
| SDM | Smart Digital Group Ltd | $59M | Communication Services | Advertising Agencies | -0.70 |
| SNV | Synovus Financial Corp | $6.95B | Financial Services | Banks - Regional | -0.70 |
| NETD | Nabors Energy Transition Corp II - Class A | $73M | Financial Services | Shell Companies | -0.70 |
| CHYM | Chime Financial Inc - Class A | $8.43B | Technology | Software - Application | -0.69 |
| BCDA | BioCardia Inc | $9.59M | Healthcare | Biotechnology | -0.69 |
| KUKE | Kuke Music Holding Limited American Depositary Shares (each representing ten (10) Class A Ordinary Shares) | $5.93M | Communication Services | Entertainment | -0.69 |
| ADN | Advent Technologies Holdings, Inc. Class A Common Stock | $2.71M | Industrials | Electrical Equipment & Parts | -0.68 |
| NRC | National Research Corp | $488M | Healthcare | Health Information Services | -0.68 |
| PCLN | Priceline.com Inc | $906M | N/A | N/A | -0.68 |
| SSP | E.W. Scripps Co. - Class A | $277M | Communication Services | Broadcasting | -0.68 |
| MFA | MFA Financial Inc | $960M | Real Estate | Reit - Mortgage | -0.68 |
| IAC | IAC Inc - New | $3.24B | Communication Services | Internet Content & Information | -0.68 |
| GCT | GigaCloud Technology Inc - Class A | $1.37B | Technology | Software - Infrastructure | -0.67 |
| BRSP | BrightSpire Capital Inc - Class A | $684M | Real Estate | Reit - Mortgage | -0.67 |
| NNNN | Anbio Biotechnology - Class A | $398M | Healthcare | Medical Instruments & Supplies | -0.67 |
| SCPH | scPharmaceuticals Inc | $305M | Healthcare | Biotechnology | -0.67 |
| CDRO | Codere Online Luxembourg S.A | $443M | Consumer Cyclical | Gambling | -0.67 |
| COHN | Cohen & Company Inc | $35M | Financial Services | Capital Markets | -0.67 |
| DLNG | Dynagas LNG Partners LP | $133M | Energy | Oil & Gas Midstream | -0.67 |
| CWAN | Clearwater Analytics Holdings, Inc. | $7.24B | Technology | Software - Application | -0.67 |
| UBCP | United Bancorp Inc (Martins Ferry OH) | $88M | Financial Services | Banks - Regional | -0.67 |
| CSWC | Capital Southwest Corp | $1.45B | Financial Services | Asset Management | -0.66 |
| CART | Maplebear Inc | $11B | Consumer Cyclical | Internet Retail | -0.66 |
| NAGE | Niagen Bioscience Inc | $276M | Healthcare | Biotechnology | -0.66 |
| CZWI | Citizens Community Bancorp Inc MD | $224M | Financial Services | Banks - Regional | -0.66 |
| DEC | N/A | $961M | Energy | Oil & Gas Integrated | -0.66 |
| ANF | Abercrombie & Fitch Co. - Class A | $4.37B | Consumer Cyclical | Apparel Retail | -0.66 |
| GLAD | Gladstone Capital Corp | $450M | Financial Services | Asset Management | -0.66 |
| ERJ | Embraer S.A. | $12B | Industrials | Aerospace & Defense | -0.66 |
| KVYO | Klaviyo Inc - Series A | $5.37B | Technology | Software - Application | -0.65 |
| CADE | Cadence Bank | $5.25B | Financial Services | Banks - Regional | -0.65 |
| G | Genpact Ltd | $5.12B | Technology | Information Technology Services | -0.65 |
| ALEX | Alexander & Baldwin Inc | $1.52B | Real Estate | Reit - Retail | -0.65 |
| PLBL | Polibeli Group Ltd | $2.84B | Consumer Cyclical | Department Stores | -0.65 |
| LION | Lionsgate Studios Corp - New | $3.99B | Financial Services | Shell Companies | -0.65 |
| JHG | Janus Henderson Group plc Ordinary Shares | $8B | Financial Services | Asset Management | -0.65 |
| ZEUS | Olympic Steel Inc | $562M | Basic Materials | Steel | -0.64 |
| MATW | Matthews International Corp - Class A | $841M | Industrials | Conglomerates | -0.64 |
| LQDT | Liquidity Services Inc | $1.50B | Consumer Cyclical | Internet Retail | -0.64 |
| PEN | Penumbra Inc | $12B | Healthcare | Medical Devices | -0.64 |
| SNFCA | Security National Financial Corp - Class A | $260M | Financial Services | Insurance - Life | -0.64 |
| ARCC | Ares Capital Corp | $14B | Financial Services | Asset Management | -0.64 |
| MODG | Topgolf Callaway Brands Corp | $2.70B | Consumer Cyclical | Leisure | -0.64 |
| PRAA | PRA Group Inc | $688M | Financial Services | Credit Services | -0.64 |
| OTTR | Otter Tail Corporation | $3.78B | Industrials | Conglomerates | -0.64 |
| LPSN | Liveperson Inc | $21M | Technology | Software - Application | -0.64 |
ETFs that lowly correlated with HCMAU
| Symbol | Name | AUM | Expense Ratio | Inception Date | Correlation |
|---|---|---|---|---|---|
| NTRL | First Trust Equity Market Neutral ETF | $19M | 0.95% | Feb 4, 2020 | -1.00 |
| XCOM | Ultra Communication Services Select Sector ETF | $384K | N/A | Jun 2, 2026 | -1.00 |
| ONG | Leverage Shares 2X Long ON Daily ETF | $1.90M | N/A | Jun 1, 2026 | -1.00 |
| GLDW | ROUNDHILL GOLD WEEKLYPAY ETF | $17M | N/A | Oct 29, 2025 | -0.75 |
| CLIM | CLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF | $1.30M | 0.90% | Mar 11, 2026 | -0.70 |
| IBMO | ISHARES IBONDS DEC 2026 TERM MUNI BOND ETF | $585M | 0.18% | Apr 2, 2019 | -0.70 |
| TBF | PROSHARES SHORT 20+ YEAR TREASURY | $87M | 0.95% | Aug 18, 2009 | -0.66 |
| TBT | PROSHARES ULTRASHORT 20+ YEAR TREASURY | $280M | N/A | Apr 29, 2008 | -0.66 |
| TMV | DIREXION DAILY 20+ YEAR TREASURY BEAR 3X SHARES | $163M | N/A | Apr 16, 2009 | -0.66 |
| TTT | ProShares UltraPro Short 20+ Year Treasury -3x Shares | $17M | N/A | Mar 27, 2012 | -0.66 |
| HIPS | GraniteShares HIPS US High Income ETF | $110M | 1.17% | Jan 7, 2015 | -0.64 |
| TSMZ | DIREXION DAILY TSM BEAR 1X SHARES | $2.80M | 1.01% | Oct 2, 2024 | -0.64 |