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75 Stocks and 25 ETFs for diversifying Merrimack Pharmaceuticals (MACK)

The least correlated asset to Merrimack Pharmaceuticals (MACK) is ETF SBIT (ProShares UltraShort Bitcoin ETF). The correlation is -1.

Stocks that lowly correlated with MACK

SymbolName
Market cap
SectorIndustry
Correlation
MNDRMobile health Network Solutions - Class A$165KHealthcareHealth Information Services-1.00
ZONECleanCore Solutions Inc - Class B$69MIndustrialsPollution & Treatment Controls-1.00
ZOOZZOOZ Power Ltd$48MConsumer CyclicalSpecialty Retail-1.00
YYGHYY Group Holding Ltd - Class A$12MConsumer CyclicalPersonal Services-1.00
TWGTop Wealth Group Holding Ltd$133MConsumer DefensiveFood Distribution-1.00
TRSGTungray Technologies Inc - Class A$19MIndustrialsMetal Fabrication-1.00
RBRKRubrik Inc - Class A$13BTechnologySoftware - Infrastructure-1.00
NIVFNewGenIvf Group Ltd - Class A$67HealthcareMedical Care Facilities-1.00
NCINeo Concept International Group Holdings Ltd$22MConsumer CyclicalApparel Manufacturing-1.00
MFImF International Ltd - Class A$19MTechnologySoftware - Application-1.00
MAMOMassimo Group$42MConsumer CyclicalRecreational Vehicles-1.00
CTNMContineum Therapeutics Inc - Class A$502MHealthcareBiotechnology-1.00
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-1.00
IBTAIbotta Inc - Class A$819MTechnologySoftware - Application-1.00
XTIAXTI Aerospace Inc Common Stock$72MIndustrialsAerospace & Defense-0.98
CTOSCustom Truck One Source Inc$2.22BIndustrialsRental & Leasing Services-0.98
LOBOLobo Ev Technologies Ltd$7.70MConsumer CyclicalAuto Manufacturers-0.94
BODIThe Beachbody Company Inc Class A$70MCommunication ServicesInternet Content & Information-0.93
AFJKUAimei Health Technology Co Ltd - Units (1 1 Rights)$88MFinancial ServicesShell Companies-0.91
VSTSVestis Corporation$1.58BIndustrialsRental & Leasing Services-0.86
DXYZDestiny Tech100 Inc$629MFinancial ServicesAsset Management-0.82
SBETSharpLink Gaming Inc$1.19BFinancial ServicesCapital Markets-0.80
SYNXSilynxcom Ltd$7.12MTechnologyCommunication Equipment-0.78
NWGLNature Wood Group Ltd$13MBasic MaterialsLumber & Wood Production-0.77
IZMIczoom Group Inc - Class A$4.30MTechnologyElectronics & Computer Distribution-0.70
ISRLUIsrael Acquisitions Corp - Units (1 Ord Share Class A & 1 War)$24MFinancial ServicesShell Companies-0.69
SMXTSolarMax Technology Inc$31MTechnologySolar-0.69
STISolidion Technology Inc$36MIndustrialsElectrical Equipment & Parts-0.67
KRROKorro Bio Inc$198MHealthcareBiotechnology-0.66
ABVXAbivax$10BHealthcareBiotechnology-0.64
BNAIBrand Engagement Network Inc$101MTechnologySoftware - Infrastructure-0.64
WSWorthington Steel Inc$2.11BBasic MaterialsSteel-0.62
VCKAUScilex Holding Company - Units (1 Ord & 1/2 War)$37MN/AN/A-0.60
FTREFORTE SOFTWARE INC$1.27BHealthcareBiotechnology-0.58
KYTXKyverna Therapeutics Inc$520MHealthcareBiotechnology-0.57
EVTLVertical Aerospace Ltd$393MIndustrialsAerospace & Defense-0.55
HOVRNew Horizon Aircraft Ltd$122MIndustrialsAerospace & Defense-0.54
CGONCg Oncology Inc$5.35BHealthcareBiotechnology-0.53
BNRGBrenmiller Energy Ltd$1.54MUtilitiesUtilities - Renewable-0.53
INTJIntelligent Group Ltd$13MIndustrialsConsulting Services-0.51
AFJKRAimei Health Technology Co Ltd$617KN/AN/A-0.51
EPOWSunrise New Energy Co. Ltd$21MIndustrialsElectrical Equipment & Parts-0.50
ZKHZKH Group Ltd$451MConsumer CyclicalInternet Retail-0.49
CLBRColombier Acquisition Corp II - Class A$366MFinancialsInvestment Holding Companies-0.47
LACLithium Americas Corp (NewCo)$1.75BBasic MaterialsOther Industrial Metals & Mining-0.46
TILInstil Bio Inc$55MHealthcareBiotechnology-0.46
RXORXO Inc$4.13BIndustrialsTrucking-0.46
TOIOncology Institute Inc (The)$461MHealthcareMedical Care Facilities-0.44
BKSY-WSBlackSky Technology Inc Wt Exp 10302024$2.98MN/AN/A-0.44
ILAGIntelligent Living Application Group Inc$7.75MIndustrialsBuilding Products & Equipment-0.42
RDZNRoadzen Inc$149MTechnologySoftware - Application-0.42
BW-P-ABabcock & Wilcox Enterprises Inc$3.11BN/AN/A-0.41
AMBIAmbipar Emergency Response - Class A$148MIndustrialsWaste Management-0.40
GSUNGolden Sun Health Technology Group Ltd - Class A$3.59MConsumer DefensiveEducation & Training Services-0.40
STVNStevanato Group Spa$4.93BHealthcareMedical Instruments & Supplies-0.40
TRINTrinity Capital Inc$1.48BFinancial ServicesAsset Management-0.39
DCGODocGo Inc$62MHealthcareMedical Care Facilities-0.39
DDCDominion Diamond Corp$69MConsumer DefensivePackaged Foods-0.38
LSEAWLandsea Homes Corporation Warrant$376MN/AN/A-0.38
HTFBHorizon Technology Finance Corp$1.14BN/AN/A-0.38
RYMAgrify Corp$58MConsumer DefensiveTobacco-0.38
MGXMetagenomi Inc$51MHealthcareBiotechnology-0.38
HLLYHolley Inc - Class A$355MConsumer CyclicalAuto Parts-0.36
STRWStrawberry Fields Reit Inc$177MReal EstateReit - Healthcare Facilities-0.36
AIRSAirsculpt Technologies Inc$381MHealthcareMedical Care Facilities-0.36
DMYYdMY Squared Technology Group Inc - Class A$37MFinancial ServicesShell Companies-0.36
GAINNGladstone Investment Corporation$1BN/AN/A-0.36
EDBLEdible Garden AG Inc$2.19MConsumer DefensiveFarm Products-0.35
LVWRLiveWire Group Inc$313MConsumer CyclicalAuto Manufacturers-0.35
BOLDBoundless Bio Inc$33MHealthcareBiotechnology-0.35
LUNGPulmonx Corp$65MHealthcareMedical Devices-0.35
KIM-P-NKimco Realty Corporation$41BN/AN/A-0.35
TELOTelomir Pharmaceuticals Inc$46MHealthcareBiotechnology-0.35
GTMZoomInfo Technologies Inc$962MTechnologySoftware - Application-0.34
YIBOPlanet Image International Ltd - Class A$58MTechnologyComputer Hardware-0.34

ETFs that lowly correlated with MACK

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SBITProShares UltraShort Bitcoin ETF$183MN/AApr 1, 2024-1.00
RAYJRAYLIANT SMDAM JAPAN EQUITY ETF $25M0.72%Apr 3, 2024-1.00
BITUPROSHARES ULTRA BITCOIN ETF $513MN/AApr 1, 2024-1.00
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $23M0.50%Mar 6, 2024-1.00
MHYWestern Asset Managed High Incm Fnd Inc$20M0.69%Sep 16, 2025-0.92
DCMTDOUBLELINE COMMODITY STRATEGY ETF $39M0.66%Jan 31, 2024-0.85
TSDDGRANITESHARES 2X SHORT TSLA DAILY ETF $42MN/AAug 21, 2023-0.65
AMZUDIREXION DAILY AMZN BULL 2X SHARES $436MN/ASep 6, 2022-0.61
SHRTGOTHAM SHORT STRATEGIES ETF $17M1.35%Jul 31, 2017-0.57
NRESXTRACKERS RREEF GLOBAL NATURAL RESOURCES ETF $38M0.45%Feb 26, 2024-0.56
TSLZT-Rex 2X Inverse Tesla Daily Target ETF$46MN/AOct 18, 2023-0.54
DISOYIELDMAX(R) DIS OPTION INCOME STRATEGY ETF $5M1.21%Aug 24, 2023-0.50
BTRNGLOBAL X BITCOIN TREND STRATEGY ETF $1.90M0.95%Mar 20, 2024-0.50
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.50
OILTTexas Capital Texas Oil Index ETF$15M0.35%Dec 20, 2023-0.49
LGCFTHEMES US CASH FLOW CHAMPIONS ETF $3.20M0.29%Dec 12, 2023-0.48
ESSCEVENTIDE SMALL CAP ETF $26M0.49%Sep 29, 2025-0.44
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.44
OBILF/M US TREASURY 12 MONTH BILL ETF $313M0.15%Nov 14, 2022-0.42
YBTCROUNDHILL BITCOIN COVERED CALL STRATEGY ETF $158M0.95%Jan 17, 2024-0.40
TUGSTF TACTICAL GROWTH ETF $42M0.65%May 18, 2022-0.39
FBLGRANITESHARES 2X LONG META DAILY ETF $185MN/ADec 12, 2022-0.36
TUGNSTF TACTICAL GROWTH & INCOME ETF $78M0.65%May 18, 2022-0.36
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $75MN/AAug 21, 2023-0.35
BNDSINFRASTRUCTURE CAPITAL BOND INCOME ETF $60M0.88%Jan 14, 2025-0.35