Overview Performance Metrics Financials Industry Splits Correlations

54 Stocks and 46 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 -0.6915.

Stocks that lowly correlated with INM

Symbol	Name	Market cap	Sector	Industry	Correlation
AMRZ	Amrize Ltd	$29B	Basic Materials	Building Materials	-0.64
SPTK	SportsTek Acquisition Corp - Class A	$219M	N/A	N/A	-0.62
WSBK	Winchester Bancorp Inc	$119M	Financial Services	Banks - Regional	-0.62
BKHAR	Black Hawk Acquisition Corp	$2.38M	N/A	N/A	-0.60
FSHPR	Flag Ship Acquisition Corp	$232K	N/A	N/A	-0.58
TMAC	Music Acquisition Corporation - Series A	$290M	N/A	N/A	-0.56
TSIB	Tishman Speyer Innovation Corp II - Class A	$302M	N/A	N/A	-0.56
SWET	Athlon Acquisition Corp - Class A	$278M	N/A	N/A	-0.53
OHPA	Orion Acquisition Corp - Class A	$417M	N/A	N/A	-0.52
WYTC	Wytec International Inc	$18M	Communications Equipment	Information Technology	-0.50
OLK	Olink Holding AB (publ)	$3.24B	Healthcare	Diagnostics & Research	-0.49
CMDB	Costamare Bulkers Holdings Ltd	$409M	Industrials	Marine Shipping	-0.45
PMTW	Pennymac Mortgage Investment Trust	$2.23B	N/A	N/A	-0.44
NDAC	NightDragon Acquisition Corp - Class A	$445M	N/A	N/A	-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
BODI	The Beachbody Company Inc Class A	$70M	Communication Services	Internet Content & Information	-0.42
COLAU	Columbus Acquisition Corp - Units ( Ord Cls A & 1 Rts)	$62M	Financial Services	Shell Companies	-0.42
QSEAR	Quartzsea Acquisition Corp	$814K	N/A	N/A	-0.41
JBS	JBS N.V. - Class A	$14B	Consumer Defensive	Packaged Foods	-0.41
IPEXU	Inflection Point Acquisition Corp V - Units (1 Ord Cls A & 1 Rts)	$29M	Financial Services	Shell Companies	-0.41
ASIC	Ategrity Specialty Holdings LLC	$969M	Financial Services	Insurance - Property & Casualty	-0.41
OAKUU	Oak Woods Acquisition Corp - Units (1 Ord Class A & 1 War 1 Right )	$21M	Financial Services	Shell Companies	-0.40
FBGL	FBS Global Ltd	$8.19M	Industrials	Engineering & Construction	-0.39
SMC	Summit Midstream Corp	$352M	Energy	Oil & Gas Midstream	-0.38
LITTU	Logistics Innovation Technologies Corp - Units (1 Ord Share Class A & 1/3 War)	$349M	N/A	N/A	-0.37
LCCC	Lakeshore Acquisition III Corp	$72M	Financial Services	Shell Companies	-0.37
AOMD	Angel Oak Mortgage REIT Inc	$622M	N/A	N/A	-0.37
NDACU	NightDragon Acquisition Corp - Units (1 Ord Share Class A & 1/5 War)	$444M	N/A	N/A	-0.36
PVLA	Palvella Therapeutics Inc	$1.66B	Healthcare	Biotechnology	-0.36
AKUS	Akouos Inc	$490M	N/A	N/A	-0.36
EMA	Emera Incorporated	$16B	Utilities	Utilities - Regulated Electric	-0.36
DYCQR	DT Cloud Acquisition Corp	$474K	N/A	N/A	-0.36
UBXG	U-BX Technology Ltd	$37M	Technology	Software - Infrastructure	-0.36
NBBK	NB Bancorp Inc	$898M	Financial Services	Banks - Regional	-0.35
FOXX	Foxx Development Holdings Inc	$20M	Technology	Consumer Electronics	-0.34
LNKS	Linkers Industries Ltd - Class A	$16M	Industrials	Electrical Equipment & Parts	-0.34
EURK	Eureka Acquisition Corp - Class A	$54M	Financial Services	Shell Companies	-0.34
KFIIU	K&F Growth Acquisition Corp II - Units (1 Ord Cls A & 1 Rts)	$314M	Financial Services	Shell Companies	-0.34
GBRG	SunCar Technology Group Inc	$11M	N/A	N/A	-0.33
AFJKR	Aimei Health Technology Co Ltd	$617K	N/A	N/A	-0.33
DTSQR	DT Cloud Star Acquisition Corp	$298K	N/A	N/A	-0.33
ATGL	Alpha Technology Group Ltd	$238M	Technology	Software - Infrastructure	-0.33
GSHR	Gesher Acquisition Corp II - Class A	$155M	Financial Services	Shell Companies	-0.32
PAL	Proficient Auto Logistics Inc	$146M	Industrials	Integrated Freight & Logistics	-0.32
PACS	PACS Group Inc	$6.16B	Healthcare	Medical Care Facilities	-0.32
ANL	Adlai Nortye Ltd	$317M	Healthcare	Biotechnology	-0.32
UCL	Ucloudlink Group Inc	$39M	Communication Services	Telecom Services	-0.31
MLACU	Mountain Lake Acquisition Corp - Units (1 Ord Cls A & 1/2 War)	$48M	N/A	N/A	-0.31
WYHG	Wing Yip Food Holdings Group Ltd	$43M	Consumer Defensive	Packaged Foods	-0.31
PLRZ	Polyrizon Ltd	$27M	Healthcare	Biotechnology	-0.31
ZBIO	Zenas Biopharma Inc	$1.13B	Healthcare	Biotechnology	-0.30
ALTI	AlTi Global Inc - Class A	$362M	Financial Services	Asset Management	-0.30
UYSCR	UY Scuti Acquisition Corp	$277K	N/A	N/A	-0.30

ETFs that lowly correlated with INM

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
PALD	Direxion Daily PANW Bear 1X Shares	$2.40M	1.02%	Feb 10, 2025	-0.69
BTCZ	T-REX 2X INVERSE BITCOIN DAILY TARGET ETF	$26M	N/A	Jul 9, 2024	-0.65
SBIT	ProShares UltraShort Bitcoin ETF	$183M	N/A	Apr 1, 2024	-0.64
CONI	GRANITESHARES 2X SHORT COIN DAILY ETF	$17M	N/A	Sep 4, 2024	-0.62
DIVN	HORIZON DIVIDEND INCOME ETF	$147M	0.70%	Jun 25, 2025	-0.59
BRKU	DIREXION DAILY BRKB BULL 2X SHARES	$58M	N/A	Dec 10, 2024	-0.56
ETHD	ProShares UltraShort Ether ETF	$84M	N/A	Jun 6, 2024	-0.55
IONZ	Defiance Daily Target 2x Short IONQ ETF	$22M	N/A	Jun 23, 2025	-0.55
AMZD	DIREXION DAILY AMZN BEAR 1X SHARES	$17M	1.02%	Sep 6, 2022	-0.54
ORR	MILITIA LONG/SHORT EQUITY ETF	$387M	10.91%	Jan 14, 2025	-0.51
WNTR	YieldMax Short MSTR Option Income Strategy ETF	$72M	1.00%	Mar 26, 2025	-0.50
FIAT	YIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF	$39M	1.05%	Jul 9, 2024	-0.49
GMOI	GMO INTERNATIONAL VALUE ETF	$443M	0.60%	Oct 28, 2024	-0.47
DOGG	FT VEST DJIA DOGS 10 TARGET INCOME ETF	$66M	0.75%	Apr 26, 2023	-0.45
CRSH	YIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF	$19M	1.05%	May 1, 2024	-0.45
MSDD	GRANITESHARES 2X SHORT MSTR DAILY ETF	$1M	N/A	Jun 9, 2025	-0.45
AIBD	DIREXION DAILY AI AND BIG DATA BEAR 2X SHARES	$4.20M	N/A	May 15, 2024	-0.45
SMST	DEFIANCE DAILY TARGET 2X SHORT MSTR ETF	$31M	N/A	Aug 20, 2024	-0.45
TSLQ	Tradr 2X Short TSLA Daily ETF	$159M	N/A	Jul 13, 2022	-0.44
SETH	ProShares Short Ether ETF	$16M	0.95%	Nov 1, 2023	-0.44
TSLS	Direxion Daily TSLA Bear 1X Shares	$76M	0.95%	Aug 8, 2022	-0.44
MSTZ	T-REX 2X INVERSE MSTR DAILY TARGET ETF	$110M	N/A	Sep 17, 2024	-0.44
AMDD	T-REX 2X INVERSE AMD DAILY TARGET ETF	$21M	1.03%	Feb 11, 2025	-0.42
SMCZ	DEFIANCE DAILY TARGET 2X SHORT SMCI ETF	$4.80M	N/A	Mar 31, 2025	-0.41
QQQD	DIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES	$23M	0.50%	Mar 6, 2024	-0.40
TSDD	GRANITESHARES 2X SHORT TSLA DAILY ETF	$42M	N/A	Aug 21, 2023	-0.40
NFXS	DIREXION DAILY NFLX BEAR 1X SHARES	$5M	1.03%	Oct 2, 2024	-0.37
DWSH	ADVISORSHARES DORSEY WRIGHT SHORT ETF	$9M	6.22%	Jul 10, 2018	-0.37
YQQQ	YIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF	$14M	1.11%	Aug 14, 2024	-0.36
SJCP	SANJAC ALPHA CORE PLUS BOND ETF	$3M	0.65%	Sep 9, 2024	-0.35
FPAS	FPA SHORT DURATION GOVERNMENT ETF	$6.90M	0.10%	Oct 31, 2024	-0.34
AVS	DIREXION DAILY AVGO BEAR 1X SHARES	$6.90M	1.03%	Oct 9, 2024	-0.34
XOMX	Direxion Daily XOM Bull 2X Shares	$7.90M	N/A	Apr 22, 2025	-0.34
DIVD	ALTRIUS GLOBAL DIVIDEND ETF	$18M	0.49%	Sep 29, 2022	-0.34
AVIE	AVANTIS INFLATION FOCUSED EQUITY ETF	$8.90M	0.25%	Sep 27, 2022	-0.33
DIPS	YIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF	$9.80M	1.05%	Jul 23, 2024	-0.33
SJLD	SANJAC ALPHA LOW DURATION ETF	$2.50M	0.35%	Sep 9, 2024	-0.32
BRAZ	GLOBAL X BRAZIL ACTIVE ETF	$11M	0.75%	Aug 16, 2023	-0.32
TSLZ	T-Rex 2X Inverse Tesla Daily Target ETF	$46M	N/A	Oct 18, 2023	-0.32
VGMS	Vanguard MultiSector Income Bond ETF	$215M	0.30%	Jun 9, 2025	-0.31
TSMZ	DIREXION DAILY TSM BEAR 1X SHARES	$2.70M	1.01%	Oct 2, 2024	-0.31
EMTY	ProShares Decline of the Retail Store ETF -1x Shares	$2.90M	0.65%	Nov 14, 2017	-0.31
GINX	SGI ENHANCED GLOBAL INCOME ETF	$93M	1.02%	Feb 28, 2024	-0.31
LFDR	Stone Ridge Durable Income ETF	$855K	0.25%	Jan 9, 2024	-0.31
QQLV	Invesco QQQ Low Volatility ETF	$2.20M	0.25%	Dec 4, 2024	-0.31
BRKC	YIELDMAX(R) BRK.B OPTION INCOME STRATEGY ETF	$7.20M	1.01%	Jun 4, 2025	-0.30