37 Stocks and 63 ETFs for diversifying IPG Photonics (IPGP)
The least correlated asset to IPG Photonics (IPGP) is company ConnectM Technology Solutions Inc - Units (1 Ord 1 War & 1 Right) (MCACU). The correlation is -0.7696.
Stocks that lowly correlated with IPGP
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| MCACU | ConnectM Technology Solutions Inc - Units (1 Ord Class A 1 War & 1 Right) | $70M | Financial Services | Shell Companies | -0.77 |
| HCHL | Happy City Holdings Ltd - Class A | $59M | Consumer Cyclical | Restaurants | -0.74 |
| AACT | Ares Acquisition Corporation II - Class A | $588M | Financial Services | Shell Companies | -0.72 |
| THH | TryHard Holdings Ltd | $12M | Industrials | Specialty Business Services | -0.68 |
| OTF | Blue Owl Technology Finance Corp | $4.79B | Financial Services | Asset Management | -0.68 |
| AILE | iLearningEngines Holdings Inc - Class A | $59M | Technology | Software - Infrastructure | -0.68 |
| RAL | RALSTON PURINA CO | $7.56B | Technology | Electronic Components | -0.63 |
| NIQ | NIQ Global Intelligence plc | $3.24B | N/A | N/A | -0.62 |
| LHAI | Linkhome Holdings Inc | $19M | Real Estate | Real Estate Services | -0.61 |
| RNERU | Mount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt) | $125M | N/A | N/A | -0.59 |
| TTAN | ServiceTitan Inc - Class A | $7.44B | Technology | Software - Application | -0.59 |
| NTWOU | Newbury Street II Acquisition Corp - Units (1 Ord Cls A & 1/2 War) | $184M | Financial Services | Shell Companies | -0.58 |
| PLBL | Polibeli Group Ltd | $2.84B | Consumer Cyclical | Department Stores | -0.56 |
| FIGXU | FIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War) | $35M | Financial Services | Shell Companies | -0.54 |
| CVII | Churchill Capital Corp VII - Class A | $570M | Financial Services | Shell Companies | -0.54 |
| MAMO | Massimo Group | $41M | Consumer Cyclical | Recreational Vehicles | -0.53 |
| HERZ | Herzfeld Credit Income Fund Inc Com | $230M | Financial Services | Asset Management | -0.52 |
| ARX | Accelerant Holdings - Class A | $2.82B | Financial Services | Insurance Brokers | -0.52 |
| SRTA | Strata Critical Medical Inc Cl A Com | $462M | Healthcare | Medical Care Facilities | -0.51 |
| TWFG | TWFG Inc - Class A | $380M | Financial Services | Insurance Brokers | -0.51 |
| OMDA | Omada Health Inc | $1.41B | Healthcare | Health Information Services | -0.49 |
| ASPC | A SPAC III Acquisition Corp - Class A | $17M | Financial Services | Shell Companies | -0.49 |
| LION | Lionsgate Studios Corp - New | $3.99B | Financial Services | Shell Companies | -0.49 |
| BACC | Blue Acquisition Corp - Class A | $214M | Financial Services | Shell Companies | -0.49 |
| TWNP | Twin Hospitality Group Inc. Class A Common Stock | $4.08M | Consumer Cyclical | Restaurants | -0.48 |
| HNGE | Hinge Health Inc - Class A | $6.74B | Healthcare | Health Information Services | -0.48 |
| ASPCU | A SPAC III Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $15M | Financial Services | Shell Companies | -0.47 |
| FVNNU | Future Vision II Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $20M | Financial Services | Shell Companies | -0.46 |
| MSGY | Masonglory Ltd | $5.30M | Industrials | Engineering & Construction | -0.45 |
| CHYM | Chime Financial Inc - Class A | $8.43B | Technology | Software - Application | -0.45 |
| SI | Shoulder Innovations Inc | $452M | N/A | N/A | -0.44 |
| STRZ | Starz Entertainment Corp | $468M | Communication Services | Entertainment | -0.43 |
| WAY | Waystar Holding Corp | $4.35B | Healthcare | Health Information Services | -0.42 |
| GET | GetnetAdquirencia e Servicos para Meios de Pagamento S.A. - Instituica | $88M | N/A | N/A | -0.41 |
| WYHG | Wing Yip Food Holdings Group Ltd | $59M | Consumer Defensive | Packaged Foods | -0.41 |
| PLMKU | Plum Acquisition Corp IV - Units (1 Ord cls A & 1/2 Warr) | $213M | Financial Services | Shell Companies | -0.41 |
| BGM | Qilian International Holding Group Ltd - Class A | $7.45M | Healthcare | Drug Manufacturers - Specialty & Generic | -0.40 |