46 Stocks and 54 ETFs for diversifying IPG Photonics (IPGP)
The least correlated asset to IPG Photonics (IPGP) is company Happy City (HCHL). The correlation is -0.794.
Stocks that lowly correlated with IPGP
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| HCHL | Happy City Holdings Ltd - Class A | $59M | Consumer Cyclical | Restaurants | -0.79 |
| MCACU | ConnectM Technology Solutions Inc - Units (1 Ord Class A 1 War & 1 Right) | $70M | Financial Services | Shell Companies | -0.77 |
| AACT | Ares Acquisition Corporation II - Class A | $588M | Financial Services | Shell Companies | -0.72 |
| RAL | Ralliant Corporation | $6.99B | N/A | N/A | -0.72 |
| OTF | Blue Owl Technology Finance Corp | $4.94B | Financial Services | Asset Management | -0.69 |
| AILE | iLearningEngines Holdings Inc - Class A | $59M | Technology | Software - Infrastructure | -0.68 |
| NTWOU | Newbury Street II Acquisition Corp - Units (1 Ord Cls A & 1/2 War) | $183M | Financial Services | Shell Companies | -0.60 |
| LION | Lionsgate Studios Corp - New | $3.99B | Financial Services | Shell Companies | -0.60 |
| RNERU | Mount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt) | $125M | N/A | N/A | -0.59 |
| TTAN | ServiceTitan Inc - Class A | $5.85B | Technology | Software - Application | -0.59 |
| CVII | Churchill Capital Corp VII - Class A | $570M | Financial Services | Shell Companies | -0.54 |
| TWFG | TWFG Inc - Class A | $275M | Financial Services | Insurance Brokers | -0.53 |
| MAMO | Massimo Group | $42M | Consumer Cyclical | Recreational Vehicles | -0.53 |
| FIGXU | FIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War) | $35M | Financial Services | Shell Companies | -0.53 |
| WETO | Webus International Ltd | $11M | Technology | Software - Infrastructure | -0.52 |
| ASPC | Alpha Capital Acquisition Co - Class A | $17M | Financial Services | Shell Companies | -0.51 |
| ASPCU | A SPAC III Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $19M | Financial Services | Shell Companies | -0.50 |
| YHNA | YHN Acquisition I Ltd | $63M | Financial Services | Shell Companies | -0.49 |
| FVNNU | Future Vision II Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $19M | Financial Services | Shell Companies | -0.48 |
| RDAC | Rising Dragon Acquisition Corp | $39M | Financial Services | Shell Companies | -0.48 |
| TWNP | Twin Hospitality Group Inc. Class A Common Stock | $4.08M | Consumer Cyclical | Restaurants | -0.47 |
| STRZ | Starz Entertainment Corp | $380M | Communication Services | Entertainment | -0.46 |
| OMDA | Omada Health Inc | $975M | Healthcare | Health Information Services | -0.45 |
| HNGE | Hinge Health Inc - Class A | $4.21B | Healthcare | Health Information Services | -0.45 |
| WYHG | Wing Yip Food Holdings Group Ltd | $43M | Consumer Defensive | Packaged Foods | -0.43 |
| ALCY | Alchemy Investments Acquisition Corp 1 Class A Ordinary Shares | $49M | Financial Services | Shell Companies | -0.42 |
| CHA | Chagee Holdings Ltd | $1.65B | Consumer Cyclical | Restaurants | -0.42 |
| BGM | Qilian International Holding Group Ltd - Class A | $7.45M | Healthcare | Drug Manufacturers - Specialty & Generic | -0.41 |
| GET | GetnetAdquirencia e Servicos para Meios de Pagamento S.A. - Instituica | $88M | N/A | N/A | -0.41 |
| PLMKU | Plum Acquisition Corp IV - Units (1 Ord cls A & 1/2 Warr) | $54M | Financial Services | Shell Companies | -0.40 |
| UYSCU | UY Scuti Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $89M | Financial Services | Shell Companies | -0.40 |
| CHYM | Chime Financial Inc - Class A | $6.59B | Technology | Software - Application | -0.40 |
| WAY | Waystar Holding Corp | $3.65B | Healthcare | Health Information Services | -0.40 |
| CHACU | Crane Harbor Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $72M | Financial Services | Shell Companies | -0.40 |
| AAM | AA Mission Acquisition Corp. | $368M | Financial Services | Shell Companies | -0.39 |
| LIONU | Lionheart III Corp - Units (1 Ord Share Class A & 1/2 War) | $113M | N/A | N/A | -0.39 |
| SPMC | Sound Point Meridian Capital Inc | $224M | Financial Services | Asset Management | -0.39 |
| DGNX | Diginex Ltd | $31M | Industrials | Consulting Services | -0.38 |
| CGCT | Cartesian Growth Corp III - Class A | $283M | Financial Services | Shell Companies | -0.38 |
| MACIU | Melar Acquisition Corp I - Units (1 Ord Class A & 1 War) | $197M | Financial Services | Shell Companies | -0.38 |
| FSHPU | Flag Ship Acquisition Corp - Units (1 & 1 Rights) | $61M | Financial Services | Shell Companies | -0.37 |
| FTRK | Fast Track Group. | $8.26M | Communication Services | Entertainment | -0.37 |
| QETAR | Quetta Acquisition Corp | $1.33M | N/A | N/A | -0.37 |
| LHSW | Lianhe Sowell International Group Ltd | $9.40M | Technology | Software - Infrastructure | -0.37 |
| FATBP | FAT Brands Inc | $2.38M | Consumer Cyclical | Restaurants | -0.37 |
| GLXY | Galaxy Digital | $5.92B | Financial Services | Capital Markets | -0.36 |