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49 Stocks and 51 ETFs for diversifying HDFC Bank (HDB)

The least correlated asset to HDFC Bank (HDB) is ETF CCUP (T-REX 2X LONG CRCL DAILY TARGET ETF). The correlation is -0.7602.

Stocks that lowly correlated with HDB

SymbolName
Market cap
SectorIndustry
Correlation
USOIUBS AG London Branch$205BN/AN/A-0.68
CURXCuranex Pharmaceuticals Inc$6.11MHealthcareBiotechnology-0.65
LIONLionsgate Studios Corp - New$3.99BFinancial ServicesShell Companies-0.62
KBSXFST Corp$39MConsumer CyclicalLeisure-0.62
DNTHDianthus Therapeutics Inc$5.45BHealthcareBiotechnology-0.60
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$18MFinancial ServicesShell Companies-0.59
CRCLCircle Internet Group Inc - Class A$16BFinancial ServicesCapital Markets-0.58
FLYFirefly Aerospace Inc$3.35BIndustrialsAerospace & Defense-0.58
IBACRIB Acquisition Corp$489KN/AN/A-0.58
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.58
EQVEQV Ventures Acquisition Corp.$466MFinancial ServicesShell Companies-0.57
NMAXNewsmax Inc Class B$1.09BCommunication ServicesBroadcasting-0.54
TBNTamboran Resources Corp$774MEnergyOil & Gas E&p-0.54
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.52
SVCOSilvaco Group Inc$336MTechnologySoftware - Application-0.51
UYSCUUY Scuti Acquisition Corp - Units (1 Ord Shs & 1 Rts)$56MFinancial ServicesShell Companies-0.51
BLSHBullish$3.80BTechnologySoftware - Infrastructure-0.50
EONRHNR Acquisition Corp$21MEnergyOil & Gas E&p-0.50
STRZStarz Entertainment Corp$468MCommunication ServicesEntertainment-0.49
SYRASyra Health Corp - Class A$13MHealthcareMedical Care Facilities-0.47
INVInnventure Inc$357MFinancial ServicesAsset Management-0.47
FLOCFlowco Holdings Inc - Class A$2.18BEnergyOil & Gas Equipment & Services-0.46
BDMDBaird Medical Investment Holdings Ltd .$34MHealthcareMedical Devices-0.46
LSHLakeside Holding Ltd$12MIndustrialsIntegrated Freight & Logistics-0.45
HYAC-UHaymaker Acquisition Corp 4 - Units (1 Ord Class A & 1/2 War)$65MN/AN/A-0.45
GCTS-WSGCT Semiconductor Holding Inc Wt Exp$30MN/AN/A-0.45
SMCSummit Midstream Corp$375MEnergyOil & Gas Midstream-0.45
SNDKSandisk Corp$239BTechnologyComputer Hardware-0.44
JLJ-Long Group Ltd$23MConsumer CyclicalApparel Manufacturing-0.44
SYNXSilynxcom Ltd$6.28MTechnologyCommunication Equipment-0.44
RYDERyde Group Ltd - Class A$4.70MTechnologySoftware - Application-0.44
PSIGPS International Group Ltd$21MIndustrialsIntegrated Freight & Logistics-0.44
MNRMach Natural Resources LP$2.20BEnergyOil & Gas E&p-0.43
CHARUCharlton Aria Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$20MFinancial ServicesShell Companies-0.43
OKURReneo Pharmaceuticals Inc - Class A$59MHealthcareBiotechnology-0.43
SSEAUStarry Sea Acquisition Corp - Units (1 Ord Shs & 1/6 Rts)$19MFinancial ServicesShell Companies-0.43
UYSCUY Scuti Acquisition Corp$74MFinancial ServicesShell Companies-0.43
JLHLJulong Holding Ltd - Class A$219MIndustrialsBuilding Products & Equipment-0.42
TURBTurbo Energy S.A.$7.58MTechnologySolar-0.42
ZBAIATIF Holdings Ltd$155MFinancial ServicesCapital Markets-0.42
SOCFlame Acquisition Corp$625MEnergyOil & Gas Drilling-0.41
BONBon Natural Life Ltd - Class A$4.72MBasic MaterialsSpecialty Chemicals-0.41
ISOUIsoEnergy Ltd$593MEnergyUranium-0.41
RAAQUReal Asset Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$65MFinancial ServicesShell Companies-0.41
BCARBank of the Carolinas CORP$303MFinancial ServicesShell Companies-0.41
EMPDEmpery Digital Inc$98MConsumer CyclicalAuto Manufacturers-0.40
SRTAStrata Critical Medical Inc Cl A Com$462MHealthcareMedical Care Facilities-0.40
NSA-P-BNational Storage Affiliates Trust$1.87BN/AN/A-0.40
SOBOSouth Bow Corp$7.82BEnergyOil & Gas Midstream-0.40

ETFs that lowly correlated with HDB

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.76
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.76
CERYSTATE STREET(R) SPDR(R) BLOOMBERG ENHANCED ROLL YIELD COMMODITY STRATEGY NO K-1 ETF SPDR BLOOMBERG ENHANCED ROLL YIELD COMMODITY STRATEGY NO K-1 ETF$979M0.28%Sep 4, 2024-0.74
IMFINVESCO MANAGED FUTURES STRATEGY ETF $301M0.65%Mar 17, 2025-0.72
USOYDEFIANCE OIL ENHANCED OPTIONS INCOME ETF $56M1.12%May 9, 2024-0.70
WTIPWISDOMTREE INFLATION PLUS FUND $21M0.65%Jun 16, 2025-0.66
DCMTDOUBLELINE COMMODITY STRATEGY ETF $36M0.66%Jan 31, 2024-0.62
FFUTFIDELITY MANAGED FUTURES ETF $247M0.80%Jun 3, 2025-0.59
USNGAMPLIFY SAMSUNG U.S. NATURAL GAS INFRASTRUCTURE ETF $7.40M0.59%May 19, 2025-0.58
MSTWROUNDHILL MSTR WEEKLYPAY ETF $33MN/AJul 23, 2025-0.56
TIPANORTHERN TRUST 2030 INFLATION-LINKED DISTRIBUTING LADDER ETF $18M0.10%Aug 18, 2025-0.56
RBILF/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF $139M0.17%Feb 24, 2025-0.54
XLEISTATE STREET(R) ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF$40M0.35%Jul 29, 2025-0.54
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.54
USEUSCF ENERGY COMMODITY STRATEGY ABSOLUTE RETURN FUND $2.60M0.79%May 3, 2023-0.53
WEEIWestwood Salient Enhanced Energy Income ETF$82M0.85%Apr 30, 2024-0.53
CMDTPIMCO COMMODITY STRATEGY ACTIVE EXCHANGE-TRADED FUND $751M0.65%May 9, 2023-0.51
CMCIVANECK CMCI COMMODITY STRATEGY ETF $2.70M0.67%Aug 21, 2023-0.51
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.50
RSBYRETURN STACKED(R) BONDS & FUTURES YIELD ETF $64M1.01%Aug 20, 2024-0.50
FARXFRONTIER ASSET ABSOLUTE RETURN ETF $13M0.95%Dec 19, 2024-0.50
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.50
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.49
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.49
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.49
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.48
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.48
BWETBreakwave Tanker Shipping ETF$17M3.50%May 1, 2023-0.47
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.47
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.47
PITVANECK COMMODITY STRATEGY ETF $260M0.55%Dec 20, 2022-0.46
PIPEInvesco SteelPath MLP & Energy Infrastructure ETF$65M0.75%Feb 18, 2025-0.46
CLIMCLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF $1.30M0.90%Mar 11, 2026-0.46
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.46
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.46
HFSPTRADERSAI LARGE CAP EQUITY & CASH ETF $705K1.25%Oct 22, 2024-0.45
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.44
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.44
LQPEPEO AlphaQuest Thematic PE ETF$13M1.25%Jan 27, 2025-0.44
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.44
TEXNISHARES TEXAS EQUITY ETF $17M0.20%Jun 23, 2025-0.42
GXPEGLOBAL X PURECAP MSCI ENERGY ETF $1.20M0.15%Jul 22, 2025-0.42
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.42
UUPInvesco DB US Dollar Index Bullish Fund$436M0.75%Feb 20, 2007-0.42
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.42
OILTTexas Capital Texas Oil Index ETF$12M0.35%Dec 20, 2023-0.42
ISMFiShares Managed Futures Active ETF$60M0.80%Mar 12, 2025-0.41
EDGH3EDGE DYNAMIC HARD ASSETS ETF $152M1.01%Oct 2, 2024-0.41
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.41
MSTPGRANITESHARES 2X LONG MSTR DAILY ETF $5.20MN/AJun 9, 2025-0.41
MSTDEFIANCE LEVERAGED LONG + INCOME MSTR ETF $12MN/AMay 1, 2025-0.40