67 Stocks and 33 ETFs for diversifying Impact BioMedical (IBO)
The least correlated asset to Impact BioMedical (IBO) is ETF NTRL (First Trust Equity Market Neutral ETF). The correlation is -1.
Stocks that lowly correlated with IBO
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| ACST | Acasti Pharma Inc - Class A | $53M | N/A | N/A | -1.00 |
| NSRX | Nasus Pharma Ltd | $28M | Healthcare | Drug Manufacturers - General | -0.76 |
| CRAQ | Cal Redwood Acquisition Corp | $320M | Financial Services | Shell Companies | -0.75 |
| JENA | Jena Acquisition Corporation II Class A | $242M | Financial Services | Shell Companies | -0.71 |
| TACH | Titan Acquisition Corp - Class A | $288M | Financial Services | Shell Companies | -0.69 |
| PXDT | Pixie Dust Technologies Inc | $8.62M | Technology | Consumer Electronics | -0.68 |
| HMST | HomeStreet Inc | $262M | N/A | N/A | -0.65 |
| SPEGU | Silver Pegasus Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $35M | Financial Services | Shell Companies | -0.65 |
| OSG | Overseas Shipholding Group Inc - Class A | $262M | Financial Services | Insurance - Specialty | -0.64 |
| OPTN | OptiNose Inc | $112M | N/A | N/A | -0.63 |
| QSEAR | Quartzsea Acquisition Corp | $845K | N/A | N/A | -0.61 |
| AXNX | Axonics Inc | $3.63B | N/A | N/A | -0.60 |
| AACI | Armada Acquisition Corp I | $77M | Financial Services | Shell Companies | -0.60 |
| GATEU | Marblegate Acquisition Corp - Units (1 Ord Share Class A & 1/2 War) | $340M | Financial Services | Shell Companies | -0.58 |
| AOMD | Angel Oak Mortgage REIT Inc | $622M | N/A | N/A | -0.58 |
| GATE | VISTASHARES TARGET 15 GATE ENDOWMENT DISTRIBUTION ETF | $425M | Financial Services | Shell Companies | -0.58 |
| EPIX | Essa Pharma Inc | $8.93M | Healthcare | Biotechnology | -0.56 |
| CHPG | ChampionsGate Acquisition Corp - Class A | $78M | Financial Services | Shell Companies | -0.56 |
| KUKE | Kuke Music Holding Limited American Depositary Shares (each representing ten (10) Class A Ordinary Shares) | $5.93M | Communication Services | Entertainment | -0.55 |
| INAC | Indigo Acquisition Corp | $118M | Financial Services | Shell Companies | -0.55 |
| LWACW | LightWave Acquisition Corp - Warrants (06/06/2030) | $178M | N/A | N/A | -0.55 |
| THTX | Theratechnologies Inc | $167M | Healthcare | Biotechnology | -0.55 |
| DM | Desktop Metal Inc - Class A | $165M | N/A | N/A | -0.54 |
| OPOF | Old Point Financial Corp | $215M | Financial Services | Banks - Regional | -0.54 |
| INACU | Indigo Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $34M | Financial Services | Shell Companies | -0.53 |
| DFDV | DeFi Development Corp | $91M | Financial Services | Asset Management | -0.53 |
| CNL | Collective Mining Ltd. | $1.14B | Basic Materials | Gold | -0.52 |
| DEO | Diageo plc | $46B | Consumer Defensive | Beverages - Wineries & Distilleries | -0.51 |
| BCARU | D. Boral ARC Acquisition I Corp Units | $157M | Financial Services | Shell Companies | -0.51 |
| RYOJ | rYojbaba Co. Ltd | $51M | Industrials | Consulting Services | -0.51 |
| ONCHU | 1RT Acquisition Corp - Units (1 Ord Cls A & 1 War) | $39M | Financial Services | Shell Companies | -0.51 |
| MBVIU | M3 Brigade Acquisition VI Corp - Units (1 Ord Cls A & 1/3 War) | $77M | Financial Services | Shell Companies | -0.51 |
| PC | Premium Catering (Holdings) Ltd | $30M | Industrials | Specialty Business Services | -0.51 |
| FRLAU | Fortune Rise Acquisition Corp - Units (1 Ord Share Class A & 1/2 War) | $36M | Financial Services | Shell Companies | -0.50 |
| UOKA | MDJM Ltd | $106K | Consumer Cyclical | Lodging | -0.50 |
| LSBK | Lake Shore Bancorp Inc | $134M | Financial Services | Banks - Regional | -0.50 |
| HRYU | Global Interactive Technologies Inc | $760K | Communication Services | Internet Content & Information | -0.49 |
| KYIV | Kyivstar Group Ltd | $3.48B | Communication Services | Telecom Services | -0.49 |
| DBVT | DBV Technologies | $930M | Healthcare | Biotechnology | -0.48 |
| ATON | AlphaTON Capital Corp | $5.75M | Financial Services | Asset Management | -0.48 |
| BOWN | Bowen Acquisition Corp | $21M | Financial Services | Shell Companies | -0.48 |
| CEPF | Cantor Equity Partners IV Inc - Class A | $597M | Financial Services | Shell Companies | -0.47 |
| SURG | Surgepays Inc | $7.87M | Communication Services | Telecom Services | -0.47 |
| BACC | Blue Acquisition Corp - Class A | $214M | Financial Services | Shell Companies | -0.47 |
| LCCCR | Lakeshore Acquisition III Corp | $349K | N/A | N/A | -0.46 |
| UL | Unilever plc | $135B | Consumer Defensive | Household & Personal Products | -0.46 |
| HMY | Harmony Gold Mining Co Ltd | $9.57B | Basic Materials | Gold | -0.46 |
| YALA | Yalla Group Ltd | $845M | Technology | Software - Application | -0.46 |
| FGL | Founder Group Ltd | $2.30M | Industrials | Engineering & Construction | -0.45 |
| VITL | Vital Farms Inc | $598M | Consumer Defensive | Farm Products | -0.45 |
| LGPS | LogProstyle Inc | $26M | Industrials | Conglomerates | -0.45 |
| TOI | Oncology Institute Inc (The) | $566M | Healthcare | Medical Care Facilities | -0.45 |
| HMC | Honda Motor | $37B | Consumer Cyclical | Auto Manufacturers | -0.45 |
| VNMEW | Vendome Acquisition Corporation I Warrant | $2.70M | N/A | N/A | -0.45 |
| RAIN | Rain Enhancement Technologies Holdco, Inc. Class A Common Stock | $13M | Industrials | Pollution & Treatment Controls | -0.44 |
| ORIQU | Origin Investment Corp I - Units (1 Ord Cls & 1/2 War) | $22M | Financial Services | Shell Companies | -0.44 |
| SYT | SYLA Technologies Co Ltd | $60M | Technology | Software - Application | -0.44 |
| SER | AgeX Therapeutics Inc | $29M | Healthcare | Biotechnology | -0.44 |
| IOR | Income Opportunity Realty Investors Inc | $80M | Financial Services | Mortgage Finance | -0.43 |
| EVAC | EDWARDS GROUP LTD Foreign | $597M | Financial Services | Shell Companies | -0.43 |
| UYSCR | UY Scuti Acquisition Corp | $191K | N/A | N/A | -0.43 |
| HTFB | Horizon Technology Finance Corp | $1.14B | N/A | N/A | -0.43 |
| BOWNR | Bowen Acquisition Corp | $510K | N/A | N/A | -0.43 |
| SLGC | SomaLogic Inc - Class A | $393M | Healthcare | Health Information Services | -0.43 |
| DERM | Journey Medical Corp | $199M | Healthcare | Drug Manufacturers - Specialty & Generic | -0.43 |
| BOWNU | Bowen Acquisition Corp - Units (1 Ordinary share & 1 Right) | $30M | Financial Services | Shell Companies | -0.42 |
| KDP | Keurig Dr Pepper Inc | $41B | Consumer Defensive | Beverages - Non-alcoholic | -0.42 |