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56 Stocks and 44 ETFs for diversifying Hormel Foods (HRL)

The least correlated asset to Hormel Foods (HRL) is ETF PDDL (GRANITESHARES 2X LONG PDD DAILY ETF). The correlation is -0.8557.

Stocks that lowly correlated with HRL

SymbolName
Market cap
SectorIndustry
Correlation
AIIAmerican Integrity Insurance Group Inc$333MFinancial ServicesInsurance - Property & Casualty-0.73
APUSApimeds Pharmaceuticals US Inc$1.82MHealthcareDrug Manufacturers - Specialty & Generic-0.64
MLACMountain Lake Acquisition Corp - Class A$43MN/AN/A-0.62
STRCMicrostrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock$32BTechnologySoftware - Application-0.59
APADUA Paradise Acquisition Corp Unit$67MFinancial ServicesShell Companies-0.58
QSEAUQuartzsea Acquisition Corp - Units (1 Ord Shs & 1 Rts)$34MFinancial ServicesShell Companies-0.58
IBACRIB Acquisition Corp$489KN/AN/A-0.55
NOEMUCO2 Energy Transition Corp - Units (1 Ord1 War & 1 Rts)$78MFinancial ServicesShell Companies-0.55
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.54
GMMGlobal Mofy AI Ltd - Class A$2.18MTechnologyInformation Technology Services-0.52
FSHPFlag Ship Acquisition Corp$58MFinancial ServicesShell Companies-0.52
LITTULogistics Innovation Technologies Corp - Units (1 Ord Share Class A & 1/3 War)$349MN/AN/A-0.51
IPEXRInflection Point Acquisition Corp V$1.44MN/AN/A-0.51
OFALOFA Group$10MIndustrialsEngineering & Construction-0.51
CGONCg Oncology Inc$4.83BHealthcareBiotechnology-0.50
DUOFangdd Network Group Ltd - Class A$36MReal EstateReal Estate Services-0.50
NMPAUNMP Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$35MFinancial ServicesShell Companies-0.49
INACRIndigo Acquisition Corp Right$455KN/AN/A-0.48
LEGTLegato Merger Corp. III$197MFinancial ServicesShell Companies-0.48
JMACUMaxpro Capital Acquisition Corp - Units (1 Ord Share Class A & 1 War)$150MN/AN/A-0.47
BACQRMerlin Inc$52MN/AN/A-0.47
SIONSionna Therapeutics Inc$1.53BHealthcareBiotechnology-0.47
EMPDEmpery Digital Inc$99MConsumer CyclicalAuto Manufacturers-0.47
LHAILinkhome Holdings Inc$13MReal EstateReal Estate Services-0.47
CHACUCrane Harbor Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$72MFinancial ServicesShell Companies-0.46
QMMMQMMM Holdings Ltd$2.05BCommunication ServicesAdvertising Agencies-0.46
DEFTDefi Technologies Inc$151MFinancial ServicesCapital Markets-0.46
NEE-P-UNextEra Energy Inc Series U Junior Subordinated Debentures due June 1 2085$51BN/AN/A-0.46
ADVBAdvanced Biomed Inc$5.38MHealthcareDiagnostics & Research-0.45
YOULYoulife Group Inc$51MConsumer DefensiveEducation & Training Services-0.45
WTFWaton Financial Ltd$115MFinancial ServicesCapital Markets-0.44
TBHBrag House Holdings Inc$98MCommunication ServicesElectronic Gaming & Multimedia-0.44
ENGSEnergys Group Ltd$12MIndustrialsWaste Management-0.44
RANGRRange Capital Acquisition Corp$1.32MN/AN/A-0.44
RANGURange Capital Acquisition Corp - Units (1 Ord & 1 Rts)$49MFinancial ServicesShell Companies-0.44
FLDFold Holdings Inc - Class A$36MFinancial ServicesCapital Markets-0.44
NSA-P-BNational Storage Affiliates Trust$2.10BN/AN/A-0.44
PVLAPalvella Therapeutics Inc$1.46BHealthcareBiotechnology-0.44
WCTWellchange Holdings Co. Ltd$5.24MTechnologySoftware - Application-0.44
PFAIPinnacle Food Group Ltd - Class A$44MConsumer DefensiveFarm Products-0.43
ASPCRA SPAC III Acquisition Corp$159KN/AN/A-0.43
ZBAIATIF Holdings Ltd$155MFinancial ServicesCapital Markets-0.43
ANTAAntalpha Platform Holding Company$147MFinancial ServicesCredit Services-0.43
PTNMPitanium Ltd - Class A$225MConsumer DefensiveHousehold & Personal Products-0.43
RDACRising Dragon Acquisition Corp$39MFinancial ServicesShell Companies-0.42
TWNPTwin Hospitality Group Inc. Class A Common Stock$4.08MConsumer CyclicalRestaurants-0.42
EMPGEmpro Group Inc$139MHealthcareMedical Distribution-0.42
IPSTIP Strategy Holdings Inc$2.05MFinancial ServicesCapital Markets-0.41
CASKHeritage Distilling Holding Co. Inc$6.60MConsumer DefensiveBeverages - Wineries & Distilleries-0.41
RDACRRising Dragon Acquisition Corp$108KN/AN/A-0.41
EXOZInvizyne Technologies Inc$65MHealthcareBiotechnology-0.41
SKBLSkyline Builders Group Holding Ltd - Class A$87MIndustrialsEngineering & Construction-0.41
PMTWPennymac Mortgage Investment Trust$2.23BN/AN/A-0.41
VCICUVine Hill Capital Investment Corp - Units (1 Ord Class A & 1/2 War)$75MFinancial ServicesShell Companies-0.41
SKYQSky Quarry Inc$7.19MEnergyOil & Gas Integrated-0.41
KMTSKestra Medical Technologies Ltd$1.13BHealthcareMedical Instruments & Supplies-0.40

ETFs that lowly correlated with HRL

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
PDDLGRANITESHARES 2X LONG PDD DAILY ETF $12MN/AJul 14, 2025-0.86
KPDDKRANESHARES 2X LONG PDD DAILY ETF $19MN/AMar 7, 2025-0.65
AVGUT-REX 2X LONG AVGO DAILY TARGET ETF $19MN/AJul 14, 2025-0.57
GOOWROUNDHILL GOOGL WEEKLYPAY ETF $91MN/AJul 23, 2025-0.56
WTIPWISDOMTREE INFLATION PLUS FUND $23M0.65%Jun 16, 2025-0.55
SLONProShares Ultra Solana ETF$18MN/AJul 14, 2025-0.55
SSKREX-OSPREY(TM) SOL + STAKING ETF $79M0.75%Jul 1, 2025-0.55
AVGWROUNDHILL AVGO WEEKLYPAY ETF $58MN/AJul 23, 2025-0.54
CXRNTEUCRIUM 2X DAILY CORN ETF $5.90MN/ADec 12, 2024-0.54
AMZWROUNDHILL AMZN WEEKLYPAY ETF $42MN/AJun 17, 2025-0.53
GXPCGLOBAL X PURECAP MSCI COMMUNICATION SERVICES ETF $93M0.15%Jul 22, 2025-0.52
KBABKRANESHARES 2X LONG BABA DAILY ETF $3.90MN/AMar 7, 2025-0.51
BCCCGLOBAL X BITCOIN COVERED CALL ETF $9.30M0.75%Jun 3, 2025-0.51
MHYWestern Asset Managed High Incm Fnd Inc$20M0.69%Sep 16, 2025-0.51
NFLWROUNDHILL NFLX WEEKLYPAY ETF $14MN/AJun 17, 2025-0.49
OKLLDefiance Daily Target 2x Long OKLO ETF$277MN/AJun 23, 2025-0.49
LIMITHEMES LITHIUM & BATTERY METAL MINERS ETF $2.90M0.35%Sep 23, 2024-0.47
QBProShares Nasdaq100 Dynamic Buffer ETF$2.30M0.58%Jun 24, 2025-0.47
IBILISHARES IBONDS OCT 2035 TERM TIPS ETF $39M0.10%Mar 25, 2025-0.46
SGVTSCHWAB GOVERNMENT MONEY MARKET ETF $711M0.28%Jun 11, 2025-0.46
ILSBROOKMONT CATASTROPHIC BOND ETF $78M1.58%Mar 31, 2025-0.45
FBPROSHARES S&P 500 DYNAMIC DAILY BUFFER ETF $1.80M0.58%Jun 24, 2025-0.45
BAGYAMPLIFY BITCOIN MAX INCOME COVERED CALL ETF $13M0.65%Apr 28, 2025-0.45
RSSXRETURN STACKED(R) U.S. STOCKS & GOLD/BITCOIN ETF $69M0.67%May 29, 2025-0.45
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$1B0.28%Sep 4, 2024-0.45
MSTWROUNDHILL MSTR WEEKLYPAY ETF $65MN/AJul 23, 2025-0.44
BITYAMPLIFY BITCOIN 2% MONTHLY OPTION INCOME ETF $14M0.65%Apr 28, 2025-0.44
SOLZSolana ETF$96M0.95%Mar 19, 2025-0.44
BTCCGRAYSCALE BITCOIN COVERED CALL ETF $18M0.65%Apr 1, 2025-0.44
SOLT2x Solana ETF$145MN/AMar 19, 2025-0.44
EDGH3EDGE DYNAMIC HARD ASSETS ETF $158M1.01%Oct 2, 2024-0.43
UBRLGRANITESHARES 2X LONG UBER DAILY ETF $23MN/ASep 4, 2024-0.43
TMARFT VEST EMERGING MARKETS BUFFER ETF - MARCH $7.80M0.95%Mar 21, 2025-0.43
QBFInnovator Uncapped Bitcoin 20 Floor ETF - Quarterly$16M0.79%Feb 5, 2025-0.42
GXPDGLOBAL X PURECAP MSCI CONSUMER DISCRETIONARY ETF $50M0.15%Jul 22, 2025-0.42
USDXSGI ENHANCED CORE ETF $313M1.08%Feb 28, 2024-0.42
ALLWSPDR BRIDGEWATER ALL WEATHER ETF $1.50B0.85%Mar 5, 2025-0.41
MARMFT VEST U.S. EQUITY MAX BUFFER ETF - MARCH $107M0.85%Mar 26, 2024-0.41
LIVRIntelligent Livermore ETF$18M0.69%Sep 17, 2024-0.41
EZPZFranklin Crypto Index ETF$11M0.19%Feb 20, 2025-0.41
NCIQHashdex Nasdaq Crypto Index US ETF$108M0.25%Feb 13, 2025-0.41
MSIIREX MSTR GROWTH & INCOME ETF $4.10MN/AJun 3, 2025-0.41
WXETTEUCRIUM 2X DAILY WHEAT ETF $8.20MN/ADec 12, 2024-0.41
DFIIFT VEST BITCOIN STRATEGY & TARGET INCOME ETF $20M0.85%Apr 2, 2025-0.40