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64 Stocks and 36 ETFs for diversifying IB Acquisition (IBAC)

The least correlated asset to IB Acquisition (IBAC) is ETF NTRL (First Trust Equity Market Neutral ETF). The correlation is -1.

Stocks that lowly correlated with IBAC

SymbolName
Market cap
SectorIndustry
Correlation
GSRMBitcoin Depot Inc - Class A$54MN/AN/A-0.90
AACIArmada Acquisition Corp I$77MFinancial ServicesShell Companies-0.86
SMTKSmartKem, Inc. Common Stock$4.23MTechnologySemiconductor Equipment & Materials-0.84
RYOJrYojbaba Co. Ltd$51MIndustrialsConsulting Services-0.83
HONDHCM II Acquisition Corp. Class A Ordinary Shares$519MFinancial ServicesShell Companies-0.81
CPLPCapital Product Partners L P$355MN/AN/A-0.73
LWACWLightWave Acquisition Corp - Warrants (06/06/2030)$178MN/AN/A-0.72
PLMKUPlum Acquisition Corp IV - Units (1 Ord cls A & 1/2 Warr)$213MFinancial ServicesShell Companies-0.71
MLACRMountain Lake Acquisition Corp$7.99MN/AN/A-0.69
NUAINew Era Energy & Digital Inc$221MTechnologySoftware - Infrastructure-0.69
PRAXPraxis Precision Medicines Inc$8.87BHealthcareBiotechnology-0.68
ALPSAlpine Summit Energy Partners Inc$24MN/AOil & Gas-0.67
PACBPacific Biosciences of California Inc$475MHealthcareMedical Devices-0.67
NUVLNuvalent Inc - Class A$9.75BHealthcareBiotechnology-0.67
TVACWTexas Ventures Acquisition III Corp - Warrants (23/04/2030)$153MN/AN/A-0.67
BEDUBright Scholar Education Holdings Limited American Depositary Shares, each representing four (4) Class A Ordinary Shares$267MConsumer DefensiveEducation & Training Services-0.67
ARAIArrive AI Inc$15MTechnologyScientific & Technical Instruments-0.67
VNMEWVendome Acquisition Corporation I Warrant$2.70MN/AN/A-0.67
GTENGores Holdings X Inc - Class A$471MFinancial ServicesShell Companies-0.66
MBVIUM3 Brigade Acquisition VI Corp - Units (1 Ord Cls A & 1/3 War)$77MFinancial ServicesShell Companies-0.66
DFLIDragonfly Energy Holdings Corp$21MIndustrialsElectrical Equipment & Parts-0.66
BEAGRBold Eagle Acquisition Corp Right$1.50MN/AN/A-0.66
IRONDisc Medicine Inc$2.90BHealthcareBiotechnology-0.66
BALYBallys Corporation$663MConsumer CyclicalResorts & Casinos-0.65
GLTOGalecto Inc$75MHealthcareBiotechnology-0.65
CCIICohen Circle Acquisition Corp II - Class A$269MFinancial ServicesShell Companies-0.65
SPRBSpruce Biosciences Inc$68MHealthcareBiotechnology-0.65
XNCRXencor Inc$1.11BHealthcareBiotechnology-0.65
LPTXLeap Therapeutics Inc$85MHealthcareBiotechnology-0.64
HONDUHCM II Acquisition Corp Unit$483MFinancial ServicesShell Companies-0.64
ELBMElectra Battery Materials Corp$74MBasic MaterialsOther Industrial Metals & Mining-0.64
GWHESS Tech Inc$28MIndustrialsElectrical Equipment & Parts-0.64
ATXSAstria Therapeutics Inc$710MHealthcareBiotechnology-0.64
ABPAbpro Holdings, Inc Common Stock$1.43MHealthcareBiotechnology-0.64
DHRDanaher Corp$142BHealthcareDiagnostics & Research-0.63
KYIVKyivstar Group Ltd$3.48BCommunication ServicesTelecom Services-0.63
BACQBleichroeder Acquisition Corp I - Class A$545MFinancial ServicesShell Companies-0.62
TVATexas Ventures Acquisition III Corp - Class A$237MFinancial ServicesShell Companies-0.62
NRIXNurix Therapeutics Inc$2.47BHealthcareBiotechnology-0.62
TMOThermo Fisher Scientific Inc$199BHealthcareDiagnostics & Research-0.61
FLNCFluence Energy Inc - Class A$2.04BUtilitiesUtilities - Renewable-0.61
EUDAEuda Health Holdings Ltd$34MReal EstateReal Estate Services-0.61
DFLIWDragonfly Energy Holdings Corp - Warrants (10/07/2027)$618KN/AN/A-0.61
GTERRGloba Terra Acquisition Corporation Rights$407KN/AN/A-0.61
MIGIMawson Infrastructure Group Inc$17MFinancial ServicesCapital Markets-0.61
RVTYRevvity Inc$12BHealthcareDiagnostics & Research-0.60
TECHBio-Techne Corp$11BHealthcareBiotechnology-0.60
RANIRani Therapeutics Holdings Inc Class A$122MHealthcareBiotechnology-0.60
JFBJFB Construction Holdings$63MReal EstateReal Estate - Development-0.60
BBOTBridgeBio Oncology Therapeutics Inc Com$674MHealthcareBiotechnology-0.60
TVACUTexas Ventures Acquisition III Corp - Units (1 Ord Cls A & 1/2 War)$73MFinancial ServicesShell Companies-0.59
CVIIChurchill Capital Corp VII - Class A$570MFinancial ServicesShell Companies-0.59
CEPFCantor Equity Partners IV Inc - Class A$597MFinancial ServicesShell Companies-0.59
THSTreehouse Foods, Inc.$1.23BConsumer DefensivePackaged Foods-0.59
MKLYUMcKinley Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$59MFinancial ServicesShell Companies-0.59
OSGOverseas Shipholding Group Inc - Class A$262MFinancial ServicesInsurance - Specialty-0.59
SIONSionna Therapeutics Inc$2BHealthcareBiotechnology-0.59
IMNMImmunome Inc$2.59BHealthcareBiotechnology-0.59
RCUSArcus Biosciences Inc$3.52BHealthcareBiotechnology-0.59
CCCXChurchill Capital Corp X - Class A$570MFinancial ServicesShell Companies-0.59
MCACUConnectM Technology Solutions Inc - Units (1 Ord Class A 1 War & 1 Right)$70MFinancial ServicesShell Companies-0.59
WTGURWintergreen Acquisition Corp$237KN/AN/A-0.58
TWODTwo Harbors Investment Corp$2.67BN/AN/A-0.58
BCYCBicycle Therapeutics Plc$294MHealthcareBiotechnology-0.58

ETFs that lowly correlated with IBAC

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
NTRLFirst Trust Equity Market Neutral ETF$19M0.95%Feb 4, 2020-1.00
XCOMUltra Communication Services Select Sector ETF$384KN/AJun 2, 2026-1.00
ONGLeverage Shares 2X Long ON Daily ETF$1.90MN/AJun 1, 2026-1.00
FIYYGRANITESHARES YIELDBOOST 20Y+ TREASURIES ETF $732K1.07%May 4, 2026-0.99
DVXVWEBs Defined Volatility XLV ETF$480K0.89%Jul 22, 2025-0.72
HELXFRANKLIN GENOMIC ADVANCEMENTS ETF $28M0.50%Feb 25, 2020-0.70
PINKSIMPLIFY HEALTH CARE ETF $359M0.51%Oct 7, 2021-0.70
FMEDFIDELITY DISRUPTIVE MEDICINE ETF $46M0.50%Apr 16, 2020-0.66
GDOCGOLDMAN SACHS FUTURE HEALTH CARE EQUITY ETF $19M0.75%Nov 9, 2021-0.66
GNOMGLOBAL X GENOMICS & BIOTECHNOLOGY ETF $77M0.50%Apr 5, 2019-0.66
PTHINVESCO DORSEY WRIGHT HEALTHCARE MOMENTUM ETF $135M0.60%Oct 12, 2006-0.65
HQLabrdn Life Sciences Investors$689MN/AN/A-0.65
FBTFIRST TRUST NYSE ARCA BIOTECHNOLOGY INDEX FUND $2.80B0.55%Jun 19, 2006-0.65
LABUDIREXION DAILY S&P BIOTECH BULL 3X SHARES DIREXION DAILY S&P BIOTECH BULL 3X SHARES$678MN/AMay 28, 2015-0.64
VHTVANGUARD HEALTH CARE INDEX FUND ETF SHARES$20B0.09%Jan 26, 2004-0.64
XLVISTATE STREET(R) HEALTH CARE SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)HEALTH CARE SELECT SECTOR SPDR(R) PREMIUM INCOME ETF$16M0.35%Jul 29, 2025-0.64
FHLCFIDELITY MSCI HEALTH CARE INDEX ETF $3.20B0.08%Oct 21, 2013-0.64
IBBISHARES BIOTECHNOLOGY ETF $9.10B0.44%Feb 5, 2001-0.63
IYHISHARES U.S. HEALTHCARE ETF $3.20B0.38%Jun 12, 2000-0.62
XBISTATE STREET(R) SPDR(R) S&P(R) BIOTECH ETF $11B0.35%Jan 31, 2006-0.62
BRIFFIS Bright Portfolios Focused Equity ETF$154M0.65%Dec 19, 2024-0.61
JDOCJPMORGAN HEALTHCARE LEADERS ETF $9M0.65%Nov 1, 2023-0.61
DZZPowerShares DB Gold Double Short ETN$1.20MN/AFeb 27, 2008-0.61
HTECROBO GLOBAL(R) HEALTHCARE TECHNOLOGY AND INNOVATION ETF $60M0.68%Jun 24, 2019-0.61
CUREDIREXION DAILY HEALTHCARE BULL 3X SHARES $169MN/AJun 15, 2011-0.60
XLVSTATE STREET(R) HEALTH CARE SELECT SECTOR SPDR(R) ETF $41B0.08%Dec 16, 1998-0.60
RXLProShares Ultra Health Care 2X Shares$79MN/AJan 30, 2007-0.60
POWVistaShares Electrification Supercycle ETF$68M0.75%Oct 27, 2025-0.60
BMEDBlackRock Future Health ETF$11M0.55%Sep 29, 2020-0.60
BIBPROSHARES ULTRA NASDAQ BIOTECHNOLOGY $84MN/AApr 6, 2010-0.60
HOOWROUNDHILL HOOD WEEKLYPAY ETF $146MN/AJun 17, 2025-0.60
IBBQINVESCO NASDAQ BIOTECHNOLOGY ETF $73M0.19%Jun 11, 2021-0.59
HRTSTEMA HEART & HEALTH ETF $54M0.75%Nov 20, 2023-0.59
SBIOALPS MEDICAL BREAKTHROUGHS ETF $190M0.50%Dec 30, 2014-0.59
VTNInvesco Trust For Investment Grade New York Municipals$161MN/AN/A-0.59
BBHVANECK BIOTECH ETF $396M0.35%Dec 20, 2011-0.58