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28 Stocks and 72 ETFs for diversifying Hewlett Packard Enterprise (HPE)

The least correlated asset to Hewlett Packard Enterprise (HPE) is company GCI Liberty (GLIBK). The correlation is -0.7847.

Stocks that lowly correlated with HPE

SymbolName
Market cap
SectorIndustry
Correlation
GLIBKGCI Liberty Inc$877MCommunication ServicesTelecom Services-0.78
APADUA Paradise Acquisition Corp Unit$67MFinancial ServicesShell Companies-0.72
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.67
APADEnhanced Group Inc - Class A$161MFinancial ServicesShell Companies-0.64
MLACMountain Lake Acquisition Corp - Class A$43MN/AN/A-0.64
JCAPJefferson Capital Inc$1.06BFinancial ServicesCredit Services-0.62
STRCMicrostrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock$29BTechnologySoftware - Application-0.62
SUGPSU Group Holdings Ltd - Class A$5.51MIndustrialsSecurity & Protection Services-0.60
LEGTLegato Merger Corp. III$197MFinancial ServicesShell Companies-0.60
YMTYimutian Inc$111MTechnologySoftware - Application-0.52
YOULYoulife Group Inc$41MConsumer DefensiveEducation & Training Services-0.51
RDACRRising Dragon Acquisition Corp$140KN/AN/A-0.49
ASPCRA SPAC III Acquisition Corp$196KN/AN/A-0.49
AUGOAura Minerals Inc$4.54BBasic MaterialsGold-0.48
SCAGScage Future$25MIndustrialsFarm & Heavy Construction Machinery-0.47
GMMGlobal Mofy AI Ltd - Class A$6.93MTechnologyInformation Technology Services-0.47
VCKAUScilex Holding Company - Units (1 Ord & 1/2 War)$37MN/AN/A-0.45
GIGGigCapital7 Corp - Class A$353MFinancial ServicesShell Companies-0.45
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.45
LZMHLZ Technology Holdings Ltd - Class B$9.02MTechnologyInformation Technology Services-0.43
JBSJBS N.V. - Class A$13BConsumer DefensivePackaged Foods-0.42
HMCOHumanCo Acquisition Corp - Class A$387MN/AN/A-0.42
FLACFrazier Lifesciences Acquisition Corp - Class A$175MN/AN/A-0.42
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.42
GSRMBitcoin Depot Inc - Class A$54MN/AN/A-0.42
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$18MFinancial ServicesShell Companies-0.41
HPAIHelport AI Ltd$21MTechnologySoftware - Infrastructure-0.41
HBNBHotel101 Global Holdings Corp$1.31BReal EstateReal Estate Services-0.40

ETFs that lowly correlated with HPE

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
NTRLFirst Trust Equity Market Neutral ETF$19M0.95%Feb 4, 2020-0.75
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.69
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.65
CSCSDirexion Daily CSCO Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.64
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.63
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $13MN/AMar 31, 2025-0.62
GLDYDEFIANCE GOLD ENHANCED OPTIONS INCOME ETF $32M1.04%Apr 1, 2025-0.61
QCMDDirexion Daily QCOM Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.60
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.60
PALDDirexion Daily PANW Bear 1X Shares$1.80M1.02%Feb 10, 2025-0.60
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.59
HFMFUNLIMITED HFMF MANAGED FUTURES ETF $22M0.97%Jul 14, 2025-0.59
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.58
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.58
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.57
IAUINEOS GOLD HIGH INCOME ETF $448M0.79%Jun 4, 2025-0.56
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.56
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.56
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.56
KGLDKurv Gold Enhanced Income ETF$97M1.00%Jul 7, 2025-0.55
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $16M1.03%Feb 11, 2025-0.55
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.55
SHRTGOTHAM SHORT STRATEGIES ETF $14M1.35%Jul 31, 2017-0.55
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.55
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.55
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.54
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.53
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.53
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.52
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.52
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.52
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.52
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.52
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.51
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.50
LDRTISHARES IBONDS 1-5 YEAR TREASURY LADDER ETF $132M0.07%Nov 7, 2024-0.50
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.50
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.50
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.49
TURFT. ROWE PRICE NATURAL RESOURCES ETF $157M0.44%Jun 11, 2025-0.49
XOMXDirexion Daily XOM Bull 2X Shares$7.80MN/AApr 22, 2025-0.49
RTXGLeverage Shares 2X Long RTX Daily ETF$4.50MN/AJun 5, 2025-0.48
GXPEGLOBAL X PURECAP MSCI ENERGY ETF $1.20M0.15%Jul 22, 2025-0.48
FPASFPA SHORT DURATION GOVERNMENT ETF $9.90M0.10%Oct 31, 2024-0.48
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.47
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.47
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.46
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.46
PDDLGRANITESHARES 2X LONG PDD DAILY ETF $7.60MN/AJul 14, 2025-0.45
EDGH3EDGE DYNAMIC HARD ASSETS ETF $152M1.01%Oct 2, 2024-0.45
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.45
BESFBASTION ENERGY ETF $33M0.80%Jun 3, 2025-0.45
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.44
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.43
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.43
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.43
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.43
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.43
LDDRStone Ridge 2035 Term Income ETF$42M0.25%Jan 3, 2025-0.43
YGLDSimplify Gold Strategy PLUS Income ETF$37M0.53%Dec 2, 2024-0.43
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.42
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.42
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.42
SHLDGLOBAL X DEFENSE TECH ETF $6.90B0.50%Sep 11, 2023-0.42
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.42
USSHWISDOMTREE 1-3 YEAR LADDERED TREASURY FUND $23M0.15%Mar 12, 2024-0.42
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.42
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.41
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, 2025-0.41
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.41
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.40
LMTLDirexion Daily LMT Bull 2X ETF$8.40MN/AAug 5, 2025-0.40