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31 Stocks and 69 ETFs for diversifying Howmet Aerospace (HWM)

The least correlated asset to Howmet Aerospace (HWM) is company Caris Life Sciences (CAI). The correlation is -0.7089.

Stocks that lowly correlated with HWM

SymbolName
Market cap
SectorIndustry
Correlation
CAICaris Life Sciences Inc - Class A$4.94BHealthcareBiotechnology-0.71
BULLWebull Corporation$3.05BTechnologySoftware - Application-0.61
THHTryHard Holdings Ltd$12MIndustrialsSpecialty Business Services-0.60
IOTRiOThree Ltd$13MCommunication ServicesTelecom Services-0.59
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.58
MSGYMasonglory Ltd$5.30MIndustrialsEngineering & Construction-0.58
MENSJyong Biotech Ltd$174MHealthcareBiotechnology-0.57
ARXAccelerant Holdings - Class A$2.82BFinancial ServicesInsurance Brokers-0.54
CVCapsoVision Inc$315MHealthcareMedical Devices-0.54
PLBLPolibeli Group Ltd$2.84BConsumer CyclicalDepartment Stores-0.49
SHLTSHL Telemedicine Ltd ADR$39MHealthcareHealth Information Services-0.45
NMAXNewsmax Inc Class B$1.09BCommunication ServicesBroadcasting-0.44
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.43
EMPGEmpro Group Inc$139MHealthcareMedical Distribution-0.42
BLSHBullish$3.80BTechnologySoftware - Infrastructure-0.42
WWACUAeries Technology Inc - Units (1 Ord Class A & 1/2 War)$41MN/AN/A-0.42
VCKAUScilex Holding Company - Units (1 Ord & 1/2 War)$37MN/AN/A-0.41
NAACUNorth Atlantic Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$482MN/AN/A-0.41
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.40
CHYMChime Financial Inc - Class A$8.43BTechnologySoftware - Application-0.39
FLACFrazier Lifesciences Acquisition Corp - Class A$175MN/AN/A-0.39
HERZHerzfeld Credit Income Fund Inc Com$230MFinancial ServicesAsset Management-0.38
OTFBlue Owl Technology Finance Corp$4.79BFinancial ServicesAsset Management-0.38
AMAOAmerican Acquisition Opportunity Inc - Class A$118MN/AN/A-0.37
APRNBlue Apron Holdings Inc - Class A$100MN/AN/A-0.37
PVLAPalvella Therapeutics Inc$2.18BHealthcareBiotechnology-0.36
ELOGEastern International Ltd$9.59MIndustrialsIntegrated Freight & Logistics-0.36
NVSAUNew Vista Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$350MN/AN/A-0.36
HMCOHumanCo Acquisition Corp - Class A$387MN/AN/A-0.36
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.36
HNGEHinge Health Inc - Class A$6.74BHealthcareHealth Information Services-0.35

ETFs that lowly correlated with HWM

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SHPUDIREXION DAILY SHOP BULL 2X ETF $15MN/AAug 5, 2025-0.61
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.60
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.59
DKNXDEFIANCE DAILY TARGET 2X LONG DKNG ETF $5.40MN/AJul 30, 2025-0.57
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.57
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.57
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.56
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.56
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.56
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.55
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.55
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.54
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.54
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.54
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.53
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.53
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.53
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.53
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.53
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.52
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.52
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.52
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.52
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.51
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.51
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.51
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $61MN/AAug 21, 2023-0.50
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.50
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.50
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.50
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.49
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.49
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.49
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.49
NVDQT-REX 2X INVERSE NVIDIA DAILY TARGET ETF $22MN/AOct 18, 2023-0.47
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.47
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.46
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3.20MN/AJun 16, 2009-0.46
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.46
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.45
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.45
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $19M1.01%Sep 12, 2023-0.45
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.45
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.44
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.44
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.43
PMMYPGIM S&P 500 MAX BUFFER ETF - MAY $5.40M0.50%Apr 30, 2025-0.43
RBILF/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF $139M0.17%Feb 24, 2025-0.43
LDRTISHARES IBONDS 1-5 YEAR TREASURY LADDER ETF $132M0.07%Nov 7, 2024-0.42
MSFWROUNDHILL MSFT WEEKLYPAY ETF $27MN/AJul 23, 2025-0.42
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.41
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.40
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.40
BULGLEVERAGE SHARES 2X LONG BULL DAILY ETF $5.20MN/AAug 8, 2025-0.40
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.40
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.40
HOOWROUNDHILL HOOD WEEKLYPAY ETF $146MN/AJun 17, 2025-0.40
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.40
SGVTSCHWAB GOVERNMENT MONEY MARKET ETF $770M0.28%Jun 11, 2025-0.39
ZMAYInnovator Equity Defined Protection ETF 1 Yr May$98M0.79%Apr 30, 2025-0.39
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.38
COYYGRANITESHARES YIELDBOOST COIN ETF $21M1.07%Jul 28, 2025-0.38
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.38
OILDBank of Montreal$53MN/ANov 8, 2021-0.38
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$895MN/ANov 24, 2008-0.38
NFXSDIREXION DAILY NFLX BEAR 1X SHARES $5.40M1.03%Oct 2, 2024-0.37
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.36
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.36
WTIDBank of Montreal$18MN/AFeb 16, 2023-0.35