35 Stocks and 65 ETFs for diversifying Microchip Technology (MCHPP)
The least correlated asset to Microchip Technology (MCHPP) is ETF NTRL (First Trust Equity Market Neutral ETF). The correlation is -1.
Stocks that lowly correlated with MCHPP
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| DM | Desktop Metal Inc - Class A | $165M | N/A | N/A | -1.00 |
| OPTN | OptiNose Inc | $112M | N/A | N/A | -0.99 |
| GSRM | Bitcoin Depot Inc - Class A | $54M | N/A | N/A | -0.86 |
| SMTK | SmartKem, Inc. Common Stock | $4.23M | Technology | Semiconductor Equipment & Materials | -0.81 |
| AACIW | Armada Acquisition Corp I - Warrants (13/08/2026) | $20M | N/A | N/A | -0.76 |
| NAOV | NanoVibronix Inc | $15M | Healthcare | Medical Devices | -0.70 |
| EXC | Exelon Corp | $47B | Utilities | Utilities - Regulated Electric | -0.69 |
| COKE | Coca-Cola Consolidated Inc | $13B | Consumer Defensive | Beverages - Non-alcoholic | -0.68 |
| SOCAU | Solarius Capital Acquisition Corp Units | $179M | Financial Services | Shell Companies | -0.62 |
| POR | Portland General Electric Company | $6.04B | Utilities | Utilities - Regulated Electric | -0.59 |
| NWN | Northwest Natural Holding Company | $2.12B | Utilities | Utilities - Regulated Gas | -0.59 |
| FNWD | Finward Bancorp | $157M | Financial Services | Banks - Regional | -0.58 |
| CDIO | Cardio Diagnostics Holdings Inc | $5.30M | Healthcare | Biotechnology | -0.57 |
| CPK | Chesapeake Utilities Corp | $3.13B | Utilities | Utilities - Regulated Gas | -0.56 |
| WTRG | Essential Utilities Inc | $11B | Utilities | Utilities - Regulated Water | -0.56 |
| PACH | Pioneer Acquisition I Corp - Class A | $260M | Financial Services | Shell Companies | -0.56 |
| CMS | CMS Energy Corporation | $23B | Utilities | Utilities - Regulated Electric | -0.56 |
| COR | Cencora Inc | $58B | Healthcare | Medical Distribution | -0.55 |
| SAND | Sandstorm Gold Ltd | $3.63B | Basic Materials | Gold | -0.54 |
| CNP | Centerpoint Energy Inc | $28B | Utilities | Utilities - Regulated Electric | -0.54 |
| DUK | Duke Energy Corp | $97B | Utilities | Utilities - Regulated Electric | -0.54 |
| CWT | California Water Service Group | $2.98B | Utilities | Utilities - Regulated Water | -0.54 |
| PCG | PG&E Corp | $39B | Utilities | Utilities - Regulated Electric | -0.53 |
| FE | Firstenergy Corp | $28B | Utilities | Utilities - Regulated Electric | -0.53 |
| AII | American Integrity Insurance Group Inc | $358M | Financial Services | Insurance - Property & Casualty | -0.51 |
| LGPS | LogProstyle Inc | $26M | Industrials | Conglomerates | -0.51 |
| ATO | Atmos Energy Corp | $29B | Utilities | Utilities - Regulated Gas | -0.51 |
| AEP | American Electric Power Company Inc | $72B | Utilities | Utilities - Regulated Electric | -0.51 |
| ANNA | AleAnna Inc - Class A | $131M | Energy | Oil & Gas E&p | -0.50 |
| TARS | Tarsus Pharmaceuticals Inc | $2.47B | Healthcare | Biotechnology | -0.50 |
| ORIQU | Origin Investment Corp I - Units (1 Ord Cls & 1/2 War) | $22M | Financial Services | Shell Companies | -0.50 |
| TCMD | Tactile Systems Technology Inc | $650M | Healthcare | Medical Devices | -0.50 |
| SENEB | Seneca Foods Corp - Class B | $1.20B | Consumer Defensive | Packaged Foods | -0.50 |
| TACH | Titan Acquisition Corp - Class A | $288M | Financial Services | Shell Companies | -0.49 |
| WGS | GeneDx Holdings Corp - Class A | $1.96B | Healthcare | Diagnostics & Research | -0.49 |