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57 Stocks and 43 ETFs for diversifying Heritage Global (HGBL)

The least correlated asset to Heritage Global (HGBL) is company HCM II Acquisition Corp. Ordinary Shares (HOND). The correlation is -0.6726.

Stocks that lowly correlated with HGBL

SymbolName
Market cap
SectorIndustry
Correlation
HONDHCM II Acquisition Corp. Class A Ordinary Shares$519MFinancial ServicesShell Companies-0.67
UYSCRUY Scuti Acquisition Corp$277KN/AN/A-0.59
ZBAOZhibao Technology Inc$32MFinancial ServicesInsurance Brokers-0.57
TACHTitan Acquisition Corp - Class A$286MFinancial ServicesShell Companies-0.57
ZBIOZenas Biopharma Inc$1.13BHealthcareBiotechnology-0.56
TE-WST1 Energy Inc Wt Exp$636MN/AN/A-0.55
CRAQCal Redwood Acquisition Corp$320MFinancial ServicesShell Companies-0.55
PLMKUPlum Acquisition Corp IV - Units (1 Ord cls A & 1/2 Warr)$54MFinancial ServicesShell Companies-0.50
TVACWTexas Ventures Acquisition III Corp - Warrants (23/04/2030)$153MN/AN/A-0.50
KMTSKestra Medical Technologies Ltd$1.23BHealthcareMedical Instruments & Supplies-0.49
LCCCRLakeshore Acquisition III Corp$500KN/AN/A-0.49
NUAINew Era Energy & Digital Inc$221MTechnologySoftware - Infrastructure-0.48
SDHIRSiddhi Acquisition Corp$1.38MN/AN/A-0.48
HBNBHotel101 Global Holdings Corp$1.36BReal EstateReal Estate Services-0.48
BKHAUBlack Hawk Acquisition Corp - Units (1 Ord Share Cls A & 1/5 Rts )$39MFinancial ServicesShell Companies-0.48
CHACUCrane Harbor Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$72MFinancial ServicesShell Companies-0.47
AHRAmerican Healthcare REIT Inc$9.59BReal EstateReit - Healthcare Facilities-0.45
PMAXPowell Max Ltd - Class A$20MFinancial ServicesCapital Markets-0.45
CAMPCAMP4 Therapeutics Corp$219MHealthcareBiotechnology-0.45
DYCQUDT Cloud Acquisition Corp - Units (1 Ord & 1 Right)$26MFinancial ServicesShell Companies-0.45
TVAIUThayer Ventures Acquisition Corp II - Units (1 Ord Cls A & 1 Rts)$10MFinancial ServicesShell Companies-0.45
IPSTIP Strategy Holdings Inc$2.05MFinancial ServicesCapital Markets-0.44
CASKHeritage Distilling Holding Co. Inc$6.60MConsumer DefensiveBeverages - Wineries & Distilleries-0.44
EMBKEmbark Technology Inc - Class A$68MN/AN/A-0.44
BCAXBicara Therapeutics Inc$1.41BHealthcareBiotechnology-0.43
SEPNSepterna Inc$1.34BHealthcareBiotechnology-0.42
RDACURising Dragon Acquisition Corp - Units (1 Ord Shs & 1 Rts)$13MFinancial ServicesShell Companies-0.41
XCHXCHG Ltd$1.46BIndustrialsSpecialty Industrial Machinery-0.41
RHLDResolute Holdings Management Inc$948MIndustrialsSpecialty Business Services-0.40
MLACRMountain Lake Acquisition Corp$7.99MN/AN/A-0.40
BIOABioAge Labs Inc$752MHealthcareDrug Manufacturers - Specialty & Generic-0.40
FACTUFACT II Acquisition Corp - Units (1 Ord Class A & 1/2 War)$56MFinancial ServicesShell Companies-0.40
CMDBCostamare Bulkers Holdings Ltd$409MIndustrialsMarine Shipping-0.40
SDSTStardust Power Inc$23MIndustrialsElectrical Equipment & Parts-0.39
THRNThorne Healthtech Inc$549MN/AN/A-0.39
NEE-P-SNextEra Energy Inc 7.299 Corporate Units$113BN/AN/A-0.39
QSEARQuartzsea Acquisition Corp$814KN/AN/A-0.39
SATSaratoga Investment Corp$407MN/AN/A-0.38
UPBUpstream Bio Inc$450MHealthcareBiotechnology-0.38
GROBrazil Potash Corp$132MBasic MaterialsOther Industrial Metals & Mining-0.38
UTAAUUTA Acquisition Corp - Units (1 Ord Class A & 1/2 War)$61MN/AN/A-0.37
BACQUMerlin Inc - Units (1Ord Class A & 1 Rights)$781MFinancial ServicesShell Companies-0.37
HONDUHCM II Acquisition Corp Unit$483MFinancial ServicesShell Companies-0.36
SIMAUSIM Acquisition Corp I$251MFinancial ServicesShell Companies-0.36
MAZEMaze Therapeutics Inc$1.30BHealthcareBiotechnology-0.36
THRDThird Harmonic Bio Inc$242MHealthcareBiotechnology-0.36
JFBJFB Construction Holdings$69MReal EstateReal Estate - Development-0.36
HMRSports Properties Acquisition Corp$73MIndustrialsMarine Shipping-0.35
SAZSaratoga Investment Corp$409MN/AN/A-0.35
ALPSAlpine Summit Energy Partners Inc$24MN/AOil & Gas-0.35
INBXInhibrx Biosciences Inc$1.50BHealthcareBiotechnology-0.35
MBXMBX Biosciences Inc$1.52BHealthcareBiotechnology-0.35
NPACNew Providence Acquisition Corp III - Class A$397MFinancial ServicesShell Companies-0.34
NTHINeOnc Technologies Holdings Inc$120MHealthcareBiotechnology-0.34
COLARColumbus Acquisition Corp Rights$1.07MN/AN/A-0.34
FIGXUFIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$35MFinancial ServicesShell Companies-0.34
AGHAureus Greenway Holdings Inc$87MConsumer CyclicalLeisure-0.34

ETFs that lowly correlated with HGBL

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
TSIIREX TSLA GROWTH & INCOME ETF $41MN/AJun 3, 2025-0.67
BFRZInnovator Equity Managed 100 Buffer ETF$124M0.89%May 12, 2025-0.55
BENJHORIZON LANDMARK ETF $212M0.40%Jan 22, 2025-0.55
ELILDirexion Daily LLY Bull 2X Shares$18MN/AMar 25, 2025-0.53
BRKWROUNDHILL BRKB WEEKLYPAY ETF $16MN/AJun 17, 2025-0.51
IBGKISHARES IBONDS DEC 2054 TERM TREASURY ETF $3.50M0.07%Jun 11, 2024-0.50
IBGAISHARES IBONDS DEC 2044 TERM TREASURY ETF $92M0.07%Jun 11, 2024-0.47
IBTPISHARES IBONDS DEC 2034 TERM TREASURY ETF $267M0.07%Jun 11, 2024-0.45
ILSBROOKMONT CATASTROPHIC BOND ETF $75M1.58%Mar 31, 2025-0.44
BILZPIMCO ULTRA SHORT GOVERNMENT ACTIVE EXCHANGE-TRADED FUND $874M0.14%Jun 21, 2023-0.43
OBILF/M US TREASURY 12 MONTH BILL ETF $313M0.15%Nov 14, 2022-0.43
CLIPGLOBAL X 1-3 MONTH T-BILL ETF $2.50B0.07%Jun 20, 2023-0.43
MSDDGRANITESHARES 2X SHORT MSTR DAILY ETF $1MN/AJun 9, 2025-0.43
BBSBJPMORGAN BETABUILDERS U.S. TREASURY BOND 1-3 YEAR ETF $38M0.04%Apr 19, 2023-0.42
WNTRYieldMax Short MSTR Option Income Strategy ETF$72M1.00%Mar 26, 2025-0.41
AAPWROUNDHILL AAPL WEEKLYPAY ETF $39MN/AFeb 18, 2025-0.40
RTRERAREVIEW TOTAL RETURN BOND ETF $62M0.70%May 31, 2024-0.40
TSLGLEVERAGE SHARES 2X LONG TSLA DAILY ETF $38MN/ADec 12, 2024-0.39
SPTBSPDR PORTFOLIO TREASURY ETF $187M0.03%May 20, 2024-0.39
BRKCYIELDMAX(R) BRK.B OPTION INCOME STRATEGY ETF $7.20M1.01%Jun 4, 2025-0.39
TYLDCAMBRIA TACTICAL YIELD ETF $33M0.59%Jan 3, 2024-0.39
CGIBCAPITAL GROUP INTERNATIONAL BOND ETF (USD-HEDGED) SHARE CLASS$234M0.45%Jun 25, 2024-0.39
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.39
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.38
VGUSVanguard UltraShort Treasury ETF$931M0.07%Feb 10, 2025-0.38
AGGSHARBOR DISCIPLINED BOND ETF $39M0.35%May 1, 2024-0.38
BSCYInvesco BulletShares 2034 Corporate Bond ETF$525M0.10%Jun 12, 2024-0.37
BAMBBrookstone Intermediate Bond ETF$62M1.03%Sep 26, 2023-0.37
MSTZT-REX 2X INVERSE MSTR DAILY TARGET ETF $110MN/ASep 17, 2024-0.37
UTREF/M US TREASURY 3 YEAR NOTE ETF $12M0.15%Mar 27, 2023-0.37
MBSANGEL OAK MORTGAGE-BACKED SECURITIES ETF $150M0.49%Jun 4, 2021-0.36
CARYAngel Oak Income ETF$1.10B0.79%Nov 7, 2022-0.36
PMIOPGIM MUNICIPAL INCOME OPPORTUNITIES ETF $44M0.25%Jun 14, 2024-0.36
SMSTDEFIANCE DAILY TARGET 2X SHORT MSTR ETF $31MN/AAug 20, 2024-0.35
BILDMACQUARIE GLOBAL LISTED INFRASTRUCTURE ETF $7.80M0.50%Nov 28, 2023-0.35
BBIBJPMORGAN BETABUILDERS U.S. TREASURY BOND 3-10 YEAR ETF $26M0.04%Apr 19, 2023-0.35
FLXRTCW Flexible Income ETF$3B0.40%Nov 30, 2018-0.34
DUKZOcean Park Diversified Income ETF$28M1.03%Jul 10, 2024-0.34
PMMFiShares Prime Money Market ETF$547M0.20%Feb 4, 2025-0.34
XONEBONDBLOXX BLOOMBERG ONE YEAR TARGET DURATION US TREASURY ETF $721M0.03%Sep 13, 2022-0.34
JBNDJPMORGAN ACTIVE BOND ETF $7.40B0.25%Oct 11, 2023-0.34
UFIVF/M US TREASURY 5 YEAR NOTE ETF $31M0.15%Mar 27, 2023-0.34
FTCBFIRST TRUST CORE INVESTMENT GRADE ETF $2.40B0.56%Nov 7, 2023-0.34