Overview Performance Metrics Financials Industry Splits Correlations

52 Stocks and 48 ETFs for diversifying InMed Pharmaceuticals (INM)

The least correlated asset to InMed Pharmaceuticals (INM) is ETF PALD (Direxion Daily PANW Bear 1X Shares). The correlation is -0.7953.

Stocks that lowly correlated with INM

Symbol	Name	Market cap	Sector	Industry	Correlation
STRC	Microstrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock	$29B	Technology	Software - Application	-0.74
TMUSL	TMobile US Inc 6.250 Senior Notes due 2069	$27B	N/A	N/A	-0.72
MLAC	Mountain Lake Acquisition Corp - Class A	$43M	N/A	N/A	-0.71
LEGT	Legato Merger Corp. III	$197M	Financial Services	Shell Companies	-0.67
SUGP	SU Group Holdings Ltd - Class A	$5.51M	Industrials	Security & Protection Services	-0.66
SPTK	SportsTek Acquisition Corp - Class A	$219M	N/A	N/A	-0.62
RDACR	Rising Dragon Acquisition Corp	$140K	N/A	N/A	-0.58
TMAC	Music Acquisition Corporation - Series A	$290M	N/A	N/A	-0.56
TMUSZ	TMobile US Inc 5.500 Senior Notes due March 2070	$24B	N/A	N/A	-0.56
TSIB	Tishman Speyer Innovation Corp II - Class A	$302M	N/A	N/A	-0.56
AUGO	Aura Minerals Inc	$4.54B	Basic Materials	Gold	-0.56
APADU	A Paradise Acquisition Corp Unit	$67M	Financial Services	Shell Companies	-0.55
SLVO	UBS AG London Branch	$283B	N/A	N/A	-0.54
TMUSI	TMobile US Inc 5.500 Senior Notes due June 2070	$23B	N/A	N/A	-0.54
SWET	Athlon Acquisition Corp - Class A	$278M	N/A	N/A	-0.53
ANTA	Antalpha Platform Holding Company	$95M	Financial Services	Credit Services	-0.53
INLF	INLIF Ltd	$227K	Industrials	Specialty Industrial Machinery	-0.53
PMTW	Pennymac Mortgage Investment Trust	$2.23B	N/A	N/A	-0.52
OHPA	Orion Acquisition Corp - Class A	$417M	N/A	N/A	-0.52
NAMI	Jinxin Technology Holding Company	$7.41M	Communication Services	Internet Content & Information	-0.50
WTGUU	Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)	$18M	Financial Services	Shell Companies	-0.50
JBS	JBS N.V. - Class A	$13B	Consumer Defensive	Packaged Foods	-0.49
KMRK	KTech Solutions Company Ltd	$21M	Consumer Cyclical	Leisure	-0.49
GMM	Global Mofy AI Ltd - Class A	$6.93M	Technology	Information Technology Services	-0.48
OFAL	OFA Group	$3.36M	Industrials	Engineering & Construction	-0.47
ASPCR	A SPAC III Acquisition Corp	$196K	N/A	N/A	-0.47
NEE-P-U	NextEra Energy Inc Series U Junior Subordinated Debentures due June 1 2085	$51B	N/A	N/A	-0.46
HKIT	Hitek Global Inc - Class A	$4.63M	Technology	Information Technology Services	-0.46
KKRT	KKR & Co. Inc	$22B	N/A	N/A	-0.46
AFJKR	Aimei Health Technology Co Ltd	$236K	N/A	N/A	-0.45
FLOC	Flowco Holdings Inc - Class A	$2.18B	Energy	Oil & Gas Equipment & Services	-0.45
HPAI	Helport AI Ltd	$21M	Technology	Software - Infrastructure	-0.44
NDAC	NightDragon Acquisition Corp - Class A	$445M	N/A	N/A	-0.43
NOEMU	CO2 Energy Transition Corp - Units (1 Ord1 War & 1 Rts)	$78M	Financial Services	Shell Companies	-0.43
FSHPR	Flag Ship Acquisition Corp	$151K	N/A	N/A	-0.43
AAUC	Allied Gold Corporation	$2.75B	Basic Materials	Gold	-0.43
WSBK	Winchester Bancorp Inc	$121M	Financial Services	Banks - Regional	-0.43
NETD	Nabors Energy Transition Corp II - Class A	$73M	Financial Services	Shell Companies	-0.43
OHPAU	Orion Acquisition Corp - Units (1 Ord Share Class A & 1/4 War)	$417M	N/A	N/A	-0.42
ZBAO	Zhibao Technology Inc	$9.18M	Financial Services	Insurance Brokers	-0.42
MAGH	Magnitude International Ltd	$230M	Industrials	Engineering & Construction	-0.42
HAO	Haoxi Health Technology Ltd - Class A	$1.03M	Communication Services	Advertising Agencies	-0.41
ALM	Alma Metals Limited	$3.90B	Basic Materials	Other Industrial Metals & Mining	-0.41
WYTC	Wytec International Inc	$14M	Communications Equipment	Information Technology	-0.41
COLA	Columbus Acquisition Corp	$34M	Financial Services	Shell Companies	-0.40
FOXX	Foxx Development Holdings Inc	$20M	Technology	Consumer Electronics	-0.37
LITTU	Logistics Innovation Technologies Corp - Units (1 Ord Share Class A & 1/3 War)	$349M	N/A	N/A	-0.37
GLIBK	GCI Liberty Inc	$877M	Communication Services	Telecom Services	-0.37
BODI	The Beachbody Company Inc Class A	$79M	Communication Services	Internet Content & Information	-0.37
AMJB	JPMorgan Chase & Company	$96B	N/A	N/A	-0.37
OLK	Olink Holding AB (publ)	$3.24B	Healthcare	Diagnostics & Research	-0.36
NDACU	NightDragon Acquisition Corp - Units (1 Ord Share Class A & 1/5 War)	$444M	N/A	N/A	-0.36

ETFs that lowly correlated with INM

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
PALD	Direxion Daily PANW Bear 1X Shares	$1.80M	1.02%	Feb 10, 2025	-0.80
TURF	T. ROWE PRICE NATURAL RESOURCES ETF	$157M	0.44%	Jun 11, 2025	-0.68
IAUI	NEOS GOLD HIGH INCOME ETF	$448M	0.79%	Jun 4, 2025	-0.66
ONG	Leverage Shares 2X Long ON Daily ETF	$1.90M	N/A	Jun 1, 2026	-0.63
NTRL	First Trust Equity Market Neutral ETF	$19M	0.95%	Feb 4, 2020	-0.60
KGLD	Kurv Gold Enhanced Income ETF	$97M	1.00%	Jul 7, 2025	-0.55
WZRD	Opportunistic Trader ETF	$976K	1.00%	Jun 24, 2025	-0.55
XOMX	Direxion Daily XOM Bull 2X Shares	$7.80M	N/A	Apr 22, 2025	-0.52
HFGM	UNLIMITED HFGM GLOBAL MACRO ETF	$152M	1.01%	Apr 14, 2025	-0.52
HFMF	UNLIMITED HFMF MANAGED FUTURES ETF	$22M	0.97%	Jul 14, 2025	-0.52
KEAT	KEATING ACTIVE ETF	$111M	0.85%	Mar 26, 2024	-0.50
GXPS	GLOBAL X PURECAP MSCI CONSUMER STAPLES ETF	$59M	0.15%	Jul 22, 2025	-0.47
GDXY	YIELDMAX(R) GOLD MINERS OPTION INCOME STRATEGY ETF	$213M	1.00%	May 20, 2024	-0.47
SLJY	Amplify SILJ Covered Call ETF	$54M	0.76%	Aug 18, 2025	-0.47
GXPE	GLOBAL X PURECAP MSCI ENERGY ETF	$1.20M	0.15%	Jul 22, 2025	-0.47
TIPB	NORTHERN TRUST 2035 INFLATION-LINKED DISTRIBUTING LADDER ETF	$8M	0.10%	Aug 18, 2025	-0.46
EDGH	3EDGE DYNAMIC HARD ASSETS ETF	$152M	1.01%	Oct 2, 2024	-0.46
BESF	BASTION ENERGY ETF	$33M	0.80%	Jun 3, 2025	-0.46
ORR	MILITIA LONG/SHORT EQUITY ETF	$351M	10.91%	Jan 14, 2025	-0.45
TJUN	FT VEST EMERGING MARKETS BUFFER ETF - JUNE	$7M	0.95%	Jun 18, 2025	-0.45
NRES	XTRACKERS RREEF GLOBAL NATURAL RESOURCES ETF	$32M	0.45%	Feb 26, 2024	-0.45
WTIP	WISDOMTREE INFLATION PLUS FUND	$21M	0.65%	Jun 16, 2025	-0.45
LENS	SARMAYA THEMATIC ETF	$50M	0.79%	Jan 28, 2025	-0.44
BLUI	BLUEMONTE DIVERSIFIED INCOME ETF	$105M	0.75%	Jun 20, 2025	-0.44
XLEI	STATE STREET(R) ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF	$40M	0.35%	Jul 29, 2025	-0.43
PMJN	PGIM S&P 500 MAX BUFFER ETF - JUNE	$5.10M	0.50%	May 30, 2025	-0.43
GLDY	DEFIANCE GOLD ENHANCED OPTIONS INCOME ETF	$32M	1.04%	Apr 1, 2025	-0.42
CPSU	Calamos S&P 500 Structured Alt Protection ETF June	$25M	0.69%	May 30, 2025	-0.42
MBSX	REGAN FIXED RATE MBS ETF	$17M	0.40%	Apr 30, 2025	-0.41
TNGY	TORTOISE ENERGY ETF	$515M	0.85%	Dec 27, 2010	-0.41
GMOI	GMO INTERNATIONAL VALUE ETF	$457M	0.60%	Oct 28, 2024	-0.41
IDVZ	POLEN INTERNATIONAL DIVIDEND INCOME ETF	$176M	0.75%	Dec 26, 2024	-0.40
AKAF	THE FRONTIER ECONOMIC FUND	$2.80M	0.20%	Jun 25, 2025	-0.40
IPAV	GLOBAL X INFRASTRUCTURE DEVELOPMENT EX-U.S. ETF	$5.40M	0.55%	Aug 27, 2024	-0.40
LDRT	ISHARES IBONDS 1-5 YEAR TREASURY LADDER ETF	$132M	0.07%	Nov 7, 2024	-0.40
CCNR	ALPS \| CORECOMMODITY NATURAL RESOURCES ETF	$364M	0.39%	Jul 10, 2024	-0.40
GEVX	Tradr 2X Long GEV Daily ETF	$52M	N/A	Jul 10, 2025	-0.40
FEOE	FIRST EAGLE OVERSEAS EQUITY ETF	$1.40B	0.50%	Dec 19, 2024	-0.39
SJCP	SANJAC ALPHA CORE PLUS BOND ETF	$7.50M	0.65%	Sep 9, 2024	-0.39
XLCI	STATE STREET(R) COMMUNICATION SERVICES SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R ) COMMUNICATION SERVICES SELECT SECTOR SPDR(R) PREMIUM INCOME ETF	$2.10M	0.35%	Jul 29, 2025	-0.39
YGLD	Simplify Gold Strategy PLUS Income ETF	$37M	0.53%	Dec 2, 2024	-0.39
DVXC	WEBs Defined Volatility XLC ETF	$229K	0.89%	Jul 22, 2025	-0.38
AUMI	THEMES GOLD MINERS ETF	$25M	0.35%	Dec 12, 2023	-0.38
SJLD	SANJAC ALPHA LOW DURATION ETF	$2.50M	0.35%	Sep 9, 2024	-0.37
USNG	AMPLIFY SAMSUNG U.S. NATURAL GAS INFRASTRUCTURE ETF	$7.40M	0.59%	May 19, 2025	-0.37
RIFR	RUSSELL INVESTMENTS GLOBAL INFRASTRUCTURE ETF	$43M	0.59%	May 13, 2025	-0.37
FFUT	FIDELITY MANAGED FUTURES ETF	$247M	0.80%	Jun 3, 2025	-0.37
CERY	STATE 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	$979M	0.28%	Sep 4, 2024	-0.36