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35 Stocks and 65 ETFs for diversifying Innodata (INOD)

The least correlated asset to Innodata (INOD) is ETF PALD (Direxion Daily PANW Bear 1X Shares). The correlation is -0.8467.

Stocks that lowly correlated with INOD

SymbolName
Market cap
SectorIndustry
Correlation
LIONULionheart III Corp - Units (1 Ord Share Class A & 1/2 War)$113MN/AN/A-0.81
RNERUMount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt)$125MN/AN/A-0.76
JBSJBS N.V. - Class A$14BConsumer DefensivePackaged Foods-0.69
GSRMBitcoin Depot Inc - Class A$54MN/AN/A-0.65
AMRZAmrize Ltd$29BBasic MaterialsBuilding Materials-0.55
FOXXFoxx Development Holdings Inc$20MTechnologyConsumer Electronics-0.50
JCAPJefferson Capital Inc$950MFinancial ServicesCredit Services-0.49
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.48
PCPremium Catering (Holdings) Ltd$30MIndustrialsSpecialty Business Services-0.48
GIGGigCapital7 Corp - Class A$353MFinancial ServicesShell Companies-0.47
ASICAtegrity Specialty Holdings LLC$969MFinancial ServicesInsurance - Property & Casualty-0.45
SFDSmithfield Foods Inc$11BConsumer DefensivePackaged Foods-0.44
ANSCUAgriculture & Natural Solutions Acquisition Corp - Units (1 Ord Class A & 1/2 War)$86MFinancial ServicesShell Companies-0.43
VACHVoyager Acquisition Corp - Class A$279MFinancial ServicesShell Companies-0.43
CAPNCayson Acquisition Corp$63MFinancial ServicesShell Companies-0.41
SAGTSagtec Global Ltd$21MTechnologySoftware - Application-0.39
FVNFuture Vision II Acquisition Corporation$62MFinancial ServicesShell Companies-0.39
PXDTPixie Dust Technologies Inc$8.62MTechnologyConsumer Electronics-0.39
WSBKWinchester Bancorp Inc$119MFinancial ServicesBanks - Regional-0.38
CHYMChime Financial Inc - Class A$6.59BTechnologySoftware - Application-0.36
GSHRGesher Acquisition Corp II - Class A$155MFinancial ServicesShell Companies-0.35
OMSEOMS Energy Technologies Inc$201MEnergyOil & Gas Equipment & Services-0.34
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.34
LMNXLuminex Corp$620MN/AN/A-0.34
JEM707 Cayman Holdings Ltd$1.99MConsumer CyclicalApparel Retail-0.34
AOMNAngel Oak Mortgage REIT Inc$625MN/AN/A-0.34
KNFKnife River Corp$4.44BBasic MaterialsBuilding Materials-0.33
ECOECHO BAY MINES LTD$1.95BIndustrialsMarine Shipping-0.32
SKYQSky Quarry Inc$9.03MEnergyOil & Gas Integrated-0.31
GRCEAcasti Pharma Inc$36MHealthcareBiotechnology-0.31
MRPMillrose Properties Inc Class A$4.66BReal EstateReit - Residential-0.30
ELPCCia Paranaense De Energia Copel ADR (Representing )$8.52BUtilitiesUtilities - Regulated Electric-0.29
DYCQRDT Cloud Acquisition Corp$474KN/AN/A-0.29
XTIAXTI Aerospace Inc Common Stock$72MIndustrialsAerospace & Defense-0.28
GMMGlobal Mofy Metaverse Ltd$2.18MTechnologyInformation Technology Services-0.28

ETFs that lowly correlated with INOD

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
PALDDirexion Daily PANW Bear 1X Shares$2.40M1.02%Feb 10, 2025-0.85
QCMDDirexion Daily QCOM Bear 1X ETF$2M1.00%Jun 24, 2025-0.81
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.80
SHRTGOTHAM SHORT STRATEGIES ETF $17M1.35%Jul 31, 2017-0.59
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $39M1.05%Jul 9, 2024-0.58
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $4.80MN/AMar 31, 2025-0.57
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $21M1.03%Feb 11, 2025-0.54
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $16M0.96%Aug 8, 2022-0.50
CONIGRANITESHARES 2X SHORT COIN DAILY ETF $17MN/ASep 4, 2024-0.50
BTCZT-REX 2X INVERSE BITCOIN DAILY TARGET ETF $26MN/AJul 9, 2024-0.49
MSDDGRANITESHARES 2X SHORT MSTR DAILY ETF $1MN/AJun 9, 2025-0.49
TSLSDirexion Daily TSLA Bear 1X Shares$76M0.95%Aug 8, 2022-0.49
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.20MN/AMay 15, 2024-0.47
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $23M0.50%Mar 6, 2024-0.46
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $19M1.05%May 1, 2024-0.46
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.45
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $14M1.11%Aug 14, 2024-0.45
SBITProShares UltraShort Bitcoin ETF$183MN/AApr 1, 2024-0.45
TSLQTradr 2X Short TSLA Daily ETF$159MN/AJul 13, 2022-0.44
CSCSDirexion Daily CSCO Bear 1X ETF$1.80M1.00%Jun 24, 2025-0.44
TSLZT-Rex 2X Inverse Tesla Daily Target ETF$46MN/AOct 18, 2023-0.43
TSDDGRANITESHARES 2X SHORT TSLA DAILY ETF $42MN/AAug 21, 2023-0.43
RTXGLeverage Shares 2X Long RTX Daily ETF$4MN/AJun 5, 2025-0.41
MSTZT-REX 2X INVERSE MSTR DAILY TARGET ETF $110MN/ASep 17, 2024-0.40
WNTRYieldMax Short MSTR Option Income Strategy ETF$72M1.00%Mar 26, 2025-0.40
NVDSTradr 1.5X Short NVDA Daily ETF$23MN/AJul 13, 2022-0.39
WZRDOpportunistic Trader ETF$3.90M1.00%Jun 24, 2025-0.39
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.39
SMSTDEFIANCE DAILY TARGET 2X SHORT MSTR ETF $31MN/AAug 20, 2024-0.38
GGLSDIREXION DAILY GOOGL BEAR 1X SHARES $17M1.02%Sep 6, 2022-0.38
FNGDBank of Montreal$68MN/AJan 22, 2018-0.37
LDRHISHARES IBONDS 1-5 YEAR HIGH YIELD AND INCOME LADDER ETF $7.90M0.35%Nov 7, 2024-0.36
MLDRGLOBAL X INTERMEDIATE-TERM TREASURY LADDER ETF $9.30M0.12%Sep 9, 2024-0.36
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $17M1.02%Sep 6, 2022-0.35
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.34
GENTGENTER CAPITAL TAXABLE QUALITY INTERMEDIATE ETF $92M0.38%May 21, 2024-0.34
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.33
IBTPISHARES IBONDS DEC 2034 TERM TREASURY ETF $267M0.07%Jun 11, 2024-0.32
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.32
SDFISOUND FIXED INCOME ETF $173M0.30%Dec 12, 2018-0.32
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.32
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.31
BITIProShares Short Bitcoin ETF$187M1.01%Jun 21, 2022-0.31
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $9.80M1.05%Jul 23, 2024-0.31
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.31
CAFXCONGRESS INTERMEDIATE BOND ETF $325M0.35%Sep 9, 2024-0.31
ETHDProShares UltraShort Ether ETF$84MN/AJun 6, 2024-0.30
EDGF3EDGE DYNAMIC FIXED INCOME ETF $506M0.79%Oct 2, 2024-0.30
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.30
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.30
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.29
BILDMACQUARIE GLOBAL LISTED INFRASTRUCTURE ETF $7.80M0.50%Nov 28, 2023-0.29
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.29
FPASFPA SHORT DURATION GOVERNMENT ETF $6.90M0.10%Oct 31, 2024-0.29
ZSLProShares UltraShort Silver -2x Shares$145MN/ADec 1, 2008-0.29
GLDWROUNDHILL GOLD WEEKLYPAY ETF $25MN/AOct 29, 2025-0.29
CCORCORE ALTERNATIVE ETF $28M1.29%May 23, 2017-0.29
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.29
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.28
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.28
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.28
EVSDEaton Vance Short Duration Income ETF$1.20B0.24%Mar 31, 1992-0.28
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.28
TUASIMPLIFY SHORT TERM TREASURY FUTURES STRATEGY ETF $802M0.25%Nov 14, 2022-0.28
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $75MN/AAug 21, 2023-0.28