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74 Stocks and 26 ETFs for diversifying Innventure (INV)

The least correlated asset to Innventure (INV) is ETF NTRL (First Trust Equity Market Neutral ETF). The correlation is -1.

Stocks that lowly correlated with INV

SymbolName
Market cap
SectorIndustry
Correlation
DMDesktop Metal Inc - Class A$165MN/AN/A-0.90
IVCPUAleAnna Inc - Units (1 Ord Share Class A & 1/2 War)$308MN/AN/A-0.86
SLGCSomaLogic Inc - Class A$393MHealthcareHealth Information Services-0.85
GSRMBitcoin Depot Inc - Class A$54MN/AN/A-0.82
SMTKSmartKem, Inc. Common Stock$4.23MTechnologySemiconductor Equipment & Materials-0.76
OPTNOptiNose Inc$112MN/AN/A-0.76
CCIICohen Circle Acquisition Corp II - Class A$269MFinancial ServicesShell Companies-0.71
CEPFCantor Equity Partners IV Inc - Class A$597MFinancial ServicesShell Companies-0.70
SZZLRSizzle Acquisition Corp II$1.47MN/AN/A-0.70
EXCExelon Corp$47BUtilitiesUtilities - Regulated Electric-0.68
CHPGChampionsGate Acquisition Corp - Class A$78MFinancial ServicesShell Companies-0.68
LCCCRLakeshore Acquisition III Corp$349KN/AN/A-0.67
PMTRPerimeter Acquisition Corp I - Class A$258MFinancial ServicesShell Companies-0.67
LWACWLightWave Acquisition Corp - Warrants (06/06/2030)$178MN/AN/A-0.65
EDConsolidated Edison Inc$40BUtilitiesUtilities - Regulated Electric-0.65
CORCencora Inc$58BHealthcareMedical Distribution-0.64
CCIIWCohen Circle Acquisition Corp II - Warrants(01/07/2030)$3.81MN/AN/A-0.63
VNMEUVendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War)$52MFinancial ServicesShell Companies-0.61
HCMAUHCM III Acquisition Corp - Units (1 Ord Cls A & 1 War)$77MFinancial ServicesShell Companies-0.60
CNPCenterpoint Energy Inc$28BUtilitiesUtilities - Regulated Electric-0.60
FTSFortis Inc$29BUtilitiesUtilities - Regulated Electric-0.60
JENAJena Acquisition Corporation II Class A$242MFinancial ServicesShell Companies-0.60
CWTCalifornia Water Service Group$2.98BUtilitiesUtilities - Regulated Water-0.59
GTERUGloba Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts)$53MFinancial ServicesShell Companies-0.59
DUKDuke Energy Corp$97BUtilitiesUtilities - Regulated Electric-0.59
NOCNorthrop Grumman Corp$75BIndustrialsAerospace & Defense-0.58
WECWEC Energy Group Inc$37BUtilitiesUtilities - Regulated Electric-0.57
WTRGEssential Utilities Inc$11BUtilitiesUtilities - Regulated Water-0.57
MBVIUM3 Brigade Acquisition VI Corp - Units (1 Ord Cls A & 1/3 War)$77MFinancial ServicesShell Companies-0.57
DERMJourney Medical Corp$199MHealthcareDrug Manufacturers - Specialty & Generic-0.57
AUIDauthID Inc$17MTechnologySoftware - Infrastructure-0.57
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.56
CCIIUCohen Circle Acquisition Corp II - Units (1 Ord Cls A & 1/4 War)$80MFinancial ServicesShell Companies-0.56
ARTNAArtesian Resources Corp - Class A$347MUtilitiesUtilities - Regulated Water-0.56
JFBJFB Construction Holdings$63MReal EstateReal Estate - Development-0.55
RAYRaytech Holding Ltd$8.20MConsumer DefensiveHousehold & Personal Products-0.55
SOSouthern Company$106BUtilitiesUtilities - Regulated Electric-0.55
OPOFOld Point Financial Corp$215MFinancial ServicesBanks - Regional-0.55
CPKChesapeake Utilities Corp$3.13BUtilitiesUtilities - Regulated Gas-0.55
HYACHaymaker Acquisition Corp. 4$330MFinancial ServicesShell Companies-0.54
CELHCelsius Holdings Inc$7.75BConsumer DefensiveBeverages - Non-alcoholic-0.54
NGGNational Grid Plc$83BUtilitiesUtilities - Regulated Electric-0.54
TACHTitan Acquisition Corp - Class A$288MFinancial ServicesShell Companies-0.54
ULUnilever plc$135BConsumer DefensiveHousehold & Personal Products-0.54
RCCReady Capital Corporation 5.75% Senior Notes due 2026$4.05BN/AN/A-0.53
PNWPinnacle West Capital Corp$13BUtilitiesUtilities - Regulated Electric-0.53
NAOVNanoVibronix Inc$15MHealthcareMedical Devices-0.53
LBPHLongboard Pharmaceuticals Inc$2.34BN/AN/A-0.53
PPCPilgrim`s Pride Corp$6.76BConsumer DefensivePackaged Foods-0.53
INACUIndigo Acquisition Corp - Units (1 Ord Shs & 1 Rts)$34MFinancial ServicesShell Companies-0.53
MCKMckesson Corporation$98BHealthcareMedical Distribution-0.53
CRAQCal Redwood Acquisition Corp$320MFinancial ServicesShell Companies-0.52
CMSCMS Energy Corporation$23BUtilitiesUtilities - Regulated Electric-0.52
EVRGEvergy Inc$20BUtilitiesUtilities - Regulated Electric-0.52
GSHRGesher Acquisition Corp II - Class A$157MFinancial ServicesShell Companies-0.52
PRAProAssurance Corporation$1.29BFinancial ServicesInsurance - Property & Casualty-0.51
YORWYork Water Company$439MUtilitiesUtilities - Regulated Water-0.51
WRBW.R. Berkley Corp$26BFinancial ServicesInsurance - Property & Casualty-0.51
SDHIRSiddhi Acquisition Corp$1.13MN/AN/A-0.51
RMCORoyalty Management Holding Corporation Class A Common Stock$35MFinancial ServicesAsset Management-0.51
ADCAgree Realty Corp$9.32BReal EstateReit - Retail-0.50
RYOJrYojbaba Co. Ltd$51MIndustrialsConsulting Services-0.50
GATEUMarblegate Acquisition Corp - Units (1 Ord Share Class A & 1/2 War)$340MFinancial ServicesShell Companies-0.50
UTLUnitil Corp$957MUtilitiesUtilities - Diversified-0.50
GTENGores Holdings X Inc - Class A$471MFinancial ServicesShell Companies-0.50
GATEVISTASHARES TARGET 15 GATE ENDOWMENT DISTRIBUTION ETF $425MFinancial ServicesShell Companies-0.50
PPLPPL Corp$27BUtilitiesUtilities - Regulated Electric-0.50
VNMEWVendome Acquisition Corporation I Warrant$2.70MN/AN/A-0.50
SPEGUSilver Pegasus Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$35MFinancial ServicesShell Companies-0.50
FEFirstenergy Corp$28BUtilitiesUtilities - Regulated Electric-0.50
AWKAmerican Water Works Co. Inc$25BUtilitiesUtilities - Regulated Water-0.49
TVATexas Ventures Acquisition III Corp - Class A$237MFinancial ServicesShell Companies-0.49
ALPSAlpine Summit Energy Partners Inc$24MN/AOil & Gas-0.49
INACRIndigo Acquisition Corp Right$448KN/AN/A-0.49

ETFs that lowly correlated with INV

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
NTRLFirst Trust Equity Market Neutral ETF$19M0.95%Feb 4, 2020-1.00
XCOMUltra Communication Services Select Sector ETF$384KN/AJun 2, 2026-1.00
ONGLeverage Shares 2X Long ON Daily ETF$1.90MN/AJun 1, 2026-1.00
FIYYGRANITESHARES YIELDBOOST 20Y+ TREASURIES ETF $732K1.07%May 4, 2026-0.97
RTXGLeverage Shares 2X Long RTX Daily ETF$4.50MN/AJun 5, 2025-0.79
HECAHEDGEYE CAPITAL ALLOCATION ETF $312M1.30%Jun 30, 2025-0.68
DVUTWEBS Defined Volatility XLU ETF$273K0.89%Jul 22, 2025-0.67
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.64
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.61
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $10M1.02%Sep 6, 2022-0.61
GGLSDirexion Daily GOOGL Bear 1X ETF$13M1.02%Sep 6, 2022-0.61
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.60
CCORCORE ALTERNATIVE ETF $27M1.29%May 23, 2017-0.58
LMTLDirexion Daily LMT Bull 2X ETF$8.40MN/AAug 5, 2025-0.57
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.57
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.55
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.53
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.52
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.52
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.51
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$895MN/ANov 24, 2008-0.51
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.50
RIFRRUSSELL INVESTMENTS GLOBAL INFRASTRUCTURE ETF $43M0.59%May 13, 2025-0.50
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.50
XLUISTATE STREET(R) UTILITIES SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $22M0.35%Jul 29, 2025-0.49
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.49