40 Stocks and 60 ETFs for diversifying Merit Medical Systems (MMSI)
The least correlated asset to Merit Medical Systems (MMSI) is ETF RBIL (F/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF). The correlation is -0.8383.
Stocks that lowly correlated with MMSI
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| CRCL | Circle Internet Group Inc - Class A | $16B | Financial Services | Capital Markets | -0.83 |
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $18M | Financial Services | Shell Companies | -0.76 |
| BLSH | Bullish | $3.80B | Technology | Software - Infrastructure | -0.67 |
| TDIC | Dreamland Ltd | $17M | Communication Services | Advertising Agencies | -0.64 |
| DFSC | DEFSEC Technologies Inc Com | $3.99M | Industrials | Aerospace & Defense | -0.59 |
| STRC | Microstrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock | $29B | Technology | Software - Application | -0.59 |
| USOI | UBS AG London Branch | $205B | N/A | N/A | -0.58 |
| EQV | EQV Ventures Acquisition Corp. | $466M | Financial Services | Shell Companies | -0.56 |
| APADR | Enhanced Group Inc | $6.67M | N/A | N/A | -0.56 |
| CAEP | Cantor Equity Partners III Inc - Class A | $420M | Financial Services | Shell Companies | -0.55 |
| TVAIU | Thayer Ventures Acquisition Corp II - Units (1 Ord Cls A & 1 Rts) | $9.15M | Financial Services | Shell Companies | -0.54 |
| RAAQU | Real Asset Acquisition Corp - Units (1 Ord Cls A & 1/2 War) | $65M | Financial Services | Shell Companies | -0.54 |
| SSEAU | Starry Sea Acquisition Corp - Units (1 Ord Shs & 1/6 Rts) | $19M | Financial Services | Shell Companies | -0.54 |
| ATIIU | Archimedes Tech SPAC Partners II Co. - Units (1 Ord & 1/2 War) | $267M | Financial Services | Shell Companies | -0.53 |
| EMPD | Empery Digital Inc | $98M | Consumer Cyclical | Auto Manufacturers | -0.53 |
| WXM | WF International Ltd | $3.63M | Industrials | Industrial Distribution | -0.52 |
| FMFC | Kandal M Venture Ltd - Class A | $4.71M | Consumer Cyclical | Footwear & Accessories | -0.50 |
| TMUSL | TMobile US Inc 6.250 Senior Notes due 2069 | $27B | N/A | N/A | -0.50 |
| JLHL | Julong Holding Ltd - Class A | $219M | Industrials | Building Products & Equipment | -0.50 |
| ALM | Alma Metals Limited | $3.90B | Basic Materials | Other Industrial Metals & Mining | -0.49 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.49 |
| PSIG | PS International Group Ltd | $21M | Industrials | Integrated Freight & Logistics | -0.48 |
| UYSCU | UY Scuti Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $56M | Financial Services | Shell Companies | -0.47 |
| LAR | Lithium Argentina AG | $1.24B | Basic Materials | Other Industrial Metals & Mining | -0.47 |
| MLAC | Mountain Lake Acquisition Corp - Class A | $43M | N/A | N/A | -0.47 |
| NCI | Neo Concept International Group Holdings Ltd | $48M | Consumer Cyclical | Apparel Manufacturing | -0.47 |
| SEGG | Lottery.com Inc | $4.48M | Consumer Cyclical | Gambling | -0.46 |
| GLXY | Galaxy Digital | $5.92B | Financial Services | Capital Markets | -0.46 |
| CTW | CTW Cayman - Class A | $147M | Communication Services | Electronic Gaming & Multimedia | -0.46 |
| SUGP | SU Group Holdings Ltd - Class A | $5.51M | Industrials | Security & Protection Services | -0.46 |
| UYSC | UY Scuti Acquisition Corp | $74M | Financial Services | Shell Companies | -0.45 |
| ANTA | Antalpha Platform Holding Company | $95M | Financial Services | Credit Services | -0.44 |
| MNDR | Mobile health Network Solutions - Class A | $3.40M | Healthcare | Health Information Services | -0.44 |
| BCAR | Bank of the Carolinas CORP | $303M | Financial Services | Shell Companies | -0.43 |
| COLA | Columbus Acquisition Corp | $34M | Financial Services | Shell Companies | -0.43 |
| VNMEU | Vendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War) | $52M | Financial Services | Shell Companies | -0.43 |
| NCEW | New Century Logistics (BVI) Ltd | $54M | Industrials | Integrated Freight & Logistics | -0.42 |
| IBAC | IB Acquisition Corp | $46M | Financial Services | Shell Companies | -0.42 |
| AURC | Better Home & Finance Holding Co. - Class A | $104M | N/A | N/A | -0.42 |
| CDTG | CDT Environmental Technology Investment Holdings Ltd | $3.77M | Industrials | Waste Management | -0.41 |