29 Stocks and 71 ETFs for diversifying International Business Machines (IBM)
The least correlated asset to International Business Machines (IBM) is ETF NTRL (First Trust Equity Market Neutral ETF). The correlation is -0.7093.
Stocks that lowly correlated with IBM
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| EMA | Emera Incorporated | $16B | Utilities | Utilities - Regulated Electric | -0.68 |
| VCKAU | Scilex Holding Company - Units (1 Ord & 1/2 War) | $37M | N/A | N/A | -0.67 |
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $18M | Financial Services | Shell Companies | -0.57 |
| VCXA | 10X Capital Venture Acquisition Corp II - Class A | $86M | N/A | N/A | -0.55 |
| STRC | Microstrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock | $29B | Technology | Software - Application | -0.55 |
| JBS | JBS N.V. - Class A | $13B | Consumer Defensive | Packaged Foods | -0.54 |
| BLSH | Bullish | $3.80B | Technology | Software - Infrastructure | -0.48 |
| SVFAU | SVF Investment Corp - Units (1 Ord Share Class A & 1/5 War) | $766M | N/A | N/A | -0.47 |
| RAY | Raytech Holding Ltd | $8.20M | Consumer Defensive | Household & Personal Products | -0.47 |
| MLAC | Mountain Lake Acquisition Corp - Class A | $43M | N/A | N/A | -0.47 |
| CURX | Curanex Pharmaceuticals Inc | $6.11M | Healthcare | Biotechnology | -0.45 |
| CDLR | Cadeler AS | $2.10B | Industrials | Engineering & Construction | -0.44 |
| ACFN | N/A | $45M | Technology | Scientific & Technical Instruments | -0.44 |
| IBAC | IB Acquisition Corp | $46M | Financial Services | Shell Companies | -0.44 |
| WSBK | Winchester Bancorp Inc | $121M | Financial Services | Banks - Regional | -0.44 |
| MCGA | Yorkville Acquisition Corp - Class A | $176M | Financial Services | Shell Companies | -0.43 |
| APADU | A Paradise Acquisition Corp Unit | $67M | Financial Services | Shell Companies | -0.43 |
| NATL | NCR Atleos Corp | $3.41B | Technology | Software - Application | -0.42 |
| OFAL | OFA Group | $3.36M | Industrials | Engineering & Construction | -0.41 |
| GLIBK | GCI Liberty Inc | $877M | Communication Services | Telecom Services | -0.40 |
| ANL | Adlai Nortye Ltd | $317M | Healthcare | Biotechnology | -0.40 |
| LEGT | Legato Merger Corp. III | $197M | Financial Services | Shell Companies | -0.39 |
| FRBN | Forbion European Acquisition Corp - Class A | $343M | Financial Services | Shell Companies | -0.39 |
| FLAC | Frazier Lifesciences Acquisition Corp - Class A | $175M | N/A | N/A | -0.38 |
| ALMS | Alumis Inc | $3.60B | Healthcare | Biotechnology | -0.38 |
| TDIC | Dreamland Ltd | $17M | Communication Services | Advertising Agencies | -0.38 |
| DKI | Darkiris Inc - Class A | $6.20M | Communication Services | Electronic Gaming & Multimedia | -0.37 |
| CSAI | Cloudastructure Inc - Class A | $7.44M | Technology | Software - Infrastructure | -0.37 |
| SLGC | SomaLogic Inc - Class A | $393M | Healthcare | Health Information Services | -0.37 |