37 Stocks and 63 ETFs for diversifying Lincoln Electric (LECO)
The least correlated asset to Lincoln Electric (LECO) is ETF SIJ (ProShares UltraShort Industrials -2x Shares). The correlation is -0.7391.
Stocks that lowly correlated with LECO
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| APUS | Apimeds Pharmaceuticals US Inc | $1.82M | Healthcare | Drug Manufacturers - Specialty & Generic | -0.64 |
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $20M | Financial Services | Shell Companies | -0.63 |
| EDHL | Everbright Digital Holding Ltd | $4.80M | Communication Services | Advertising Agencies | -0.60 |
| SAFX | XCF Global Inc | $126M | Utilities | Utilities - Renewable | -0.59 |
| MCTR | CTRL Group Ltd | $15M | Communication Services | Advertising Agencies | -0.57 |
| STRZ | Starz Entertainment Corp | $380M | Communication Services | Entertainment | -0.54 |
| HBNB | Hotel101 Global Holdings Corp | $1.36B | Real Estate | Real Estate Services | -0.54 |
| TWNP | Twin Hospitality Group Inc. Class A Common Stock | $4.08M | Consumer Cyclical | Restaurants | -0.53 |
| YSXT | Ysx Tech Co.Ltd - Class A | $24M | Industrials | Specialty Business Services | -0.53 |
| TMDE | TMD Energy Ltd | $18M | Energy | Oil & Gas Midstream | -0.52 |
| CBIO | Crescent Biopharma Inc | $573M | Healthcare | Biotechnology | -0.49 |
| HCHL | Happy City Holdings Ltd - Class A | $59M | Consumer Cyclical | Restaurants | -0.48 |
| ADVB | Advanced Biomed Inc | $5.36M | Healthcare | Diagnostics & Research | -0.48 |
| CDTG | CDT Environmental Technology Investment Holdings Ltd | $3.77M | Industrials | Waste Management | -0.47 |
| CHACU | Crane Harbor Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $72M | Financial Services | Shell Companies | -0.46 |
| PFAI | Pinnacle Food Group Ltd - Class A | $46M | Consumer Defensive | Farm Products | -0.45 |
| FIGXU | FIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War) | $35M | Financial Services | Shell Companies | -0.43 |
| AII | American Integrity Insurance Group Inc | $328M | Financial Services | Insurance - Property & Casualty | -0.42 |
| RIBBU | Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $56M | Financial Services | Shell Companies | -0.42 |
| LION | Lionsgate Studios Corp - New | $3.99B | Financial Services | Shell Companies | -0.42 |
| BMGL | Basel Medical Group Ltd | $11M | Healthcare | Medical Care Facilities | -0.41 |
| EPWK | EPWK Holdings Ltd - Class A | $9.78K | Technology | Software - Application | -0.41 |
| SDHI | Siddhi Acquisition Corp - Class A | $287M | Financial Services | Shell Companies | -0.41 |
| RNERU | Mount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt) | $125M | N/A | N/A | -0.40 |
| TLX | Telix Pharmaceuticals Ltd | $3.30B | Healthcare | Biotechnology | -0.40 |
| SLDE | Slide Insurance Holdings Inc | $2.20B | Financial Services | Insurance - Property & Casualty | -0.40 |
| VCKAU | Scilex Holding Company - Units (1 Ord & 1/2 War) | $37M | N/A | N/A | -0.39 |
| VCXA | 10X Capital Venture Acquisition Corp II - Class A | $86M | N/A | N/A | -0.39 |
| PLMKU | Plum Acquisition Corp IV - Units (1 Ord cls A & 1/2 Warr) | $54M | Financial Services | Shell Companies | -0.38 |
| LGPS | LogProstyle Inc | $16M | Industrials | Conglomerates | -0.38 |
| UYSCU | UY Scuti Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $89M | Financial Services | Shell Companies | -0.37 |
| FLAC | Frazier Lifesciences Acquisition Corp - Class A | $175M | N/A | N/A | -0.37 |
| BGM | Qilian International Holding Group Ltd - Class A | $7.45M | Healthcare | Drug Manufacturers - Specialty & Generic | -0.37 |
| CRCL | Circle Internet Group Inc - Class A | $25B | Financial Services | Capital Markets | -0.37 |
| NTCL | NetClass Technology Inc - Class A | $8.13M | Technology | Software - Application | -0.36 |
| HCAI | Huachen AI Parking Management Technology Holding Co. Ltd | $13M | Industrials | Farm & Heavy Construction Machinery | -0.36 |
| RETO | ReTo Eco-Solutions Inc | $6.13M | Basic Materials | Building Materials | -0.36 |