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37 Stocks and 63 ETFs for diversifying Mind Medicine (MindMed) Inc. Common Shares (MNMD)

The least correlated asset to Mind Medicine (MindMed) Inc. Common Shares (MNMD) is company Luminex (LMNX). The correlation is -0.9898.

Stocks that lowly correlated with MNMD

SymbolName
Market cap
SectorIndustry
Correlation
LMNXLuminex Corp$620MN/AN/A-0.99
AKUSAkouos Inc$490MN/AN/A-0.90
PCLNPriceline.com Inc$861MN/AN/A-0.83
NDACUNightDragon Acquisition Corp - Units (1 Ord Share Class A & 1/5 War)$444MN/AN/A-0.73
WGRXWellgistics Health Inc$7.55MHealthcarePharmaceutical Retailers-0.64
NDACNightDragon Acquisition Corp - Class A$445MN/AN/A-0.63
DHCADHC Acquisition Corp - Class A$16MN/AN/A-0.63
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.62
DICEDICE Therapeutics Inc$2.25BN/AN/A-0.60
CPSRGelesis Holdings Inc - Class A$1.87BN/AN/A-0.58
HMCOUHumanCo Acquisition Corp - Units (1 Ord Class A & 1/2 War)$386MN/AN/A-0.58
OHPAOrion Acquisition Corp - Class A$417MN/AN/A-0.58
GIWGigInternational1 Inc$137MFinancialsInvestment Banking & Investment Services-0.57
NOACNatural Order Acquisition Corp$289MN/AN/A-0.56
NOACUNatural Order Acquisition Corp - Units (1 Ord & 1 War)$289MN/AN/A-0.56
RNERUMount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt)$125MN/AN/A-0.56
BYAHPark Ha Biological Technology Co Ltd$917KConsumer DefensiveHousehold & Personal Products-0.52
BMGLBasel Medical Group Ltd$11MHealthcareMedical Care Facilities-0.50
JCICUJack Creek Investment Corp - Units (1 Ord Share Class A & 1/2 War)$432MN/AN/A-0.50
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.49
DSYBig Tree Cloud Holdings Ltd$8.09MConsumer DefensiveHousehold & Personal Products-0.47
DGNUDragoneer Growth Opportunities Corp III - Class A$538MN/AN/A-0.45
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.44
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.44
CMNDClearmind Medicine Inc$2.88MHealthcareBiotechnology-0.44
HCAIHuachen AI Parking Management Technology Holding Co. Ltd$13MIndustrialsFarm & Heavy Construction Machinery-0.43
MASK3 E Network Technology Group Ltd - Class A$1.60MTechnologySoftware - Application-0.42
OHPAUOrion Acquisition Corp - Units (1 Ord Share Class A & 1/4 War)$417MN/AN/A-0.42
HGHamilton Insurance Group Ltd - Class B$3.03BFinancial ServicesInsurance - Reinsurance-0.42
ZCMDZhongchao Inc - Class A$5.30MHealthcareHealth Information Services-0.42
HMCOHumanCo Acquisition Corp - Class A$387MN/AN/A-0.41
FGLFounder Group Ltd$2.30MIndustrialsEngineering & Construction-0.41
ZYBTZhengye Biotechnology Holding Ltd$41MHealthcareDrug Manufacturers - Specialty & Generic-0.41
RITRReitar Logtech Holdings Ltd - Class A$31MIndustrialsEngineering & Construction-0.41
YSXTYsx Tech Co.Ltd - Class A$24MIndustrialsSpecialty Business Services-0.39
TCTuanChe Ltd$254MCommunication ServicesAdvertising Agencies-0.39
IMVTImmunovant Inc$6.81BHealthcareBiotechnology-0.39

ETFs that lowly correlated with MNMD

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
GLDWSPDR Long Dollar Gold Trust$25M0.99%Oct 29, 2025-0.83
REKTDIREXION DAILY CRYPTO INDUSTRY BEAR 1X SHARES N/A0.49%Jul 16, 2024-0.74
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF$21M0.97%Feb 11, 2025-0.71
FIATYieldMax Short COIN Option Income Strategy ETF$39M1.00%Jul 9, 2024-0.70
NUSBNUVEEN ULTRA SHORT INCOME ETF $157M0.17%Mar 5, 2024-0.67
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.20MN/AMay 15, 2024-0.65
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M0.98%Oct 2, 2024-0.61
PLTDT-REX 2X INVERSE PLTR DAILY TARGET ETF$29M0.97%Dec 10, 2024-0.57
ETHDProShares UltraShort Ether ETF$84MN/AJun 6, 2024-0.57
MYYPROSHARES SHORT MIDCAP400 $2.70MN/AJun 19, 2006-0.56
SETHProShares Short Ether ETF$16MN/ANov 1, 2023-0.56
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.56
YQQQYIELDMAXTM SHORT N100 OPTION INCOME STRATEGY ETF $14M0.99%Aug 14, 2024-0.55
ETQT-Rex 2X Inverse Ether Daily Target ETFN/AN/AOct 22, 2024-0.55
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.47%Jun 8, 2016-0.55
CONIGRANITESHARES 2X SHORT COIN DAILY ETF $17MN/ASep 4, 2024-0.55
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.55
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.54
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.54
HIBSDIREXION DAILY S&P 500(R) HIGH BETA BEAR 3X SHARES $19MN/ANov 7, 2019-0.53
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.53
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.52
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.52
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.52
BITIProShares Short Bitcoin ETF$187M1.01%Jun 21, 2022-0.52
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.51
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.50
CRSHYieldMax Short TSLA Option Income Strategy ETF$19M1.14%May 1, 2024-0.50
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.49
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.49
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $321M1.40%Sep 13, 2011-0.49
DIPSYieldMax Short NVDA Option Income Strategy ETF$9.80M0.99%Jul 23, 2024-0.49
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.48
SBBPROSHARES SHORT SMALLCAP600 $4.10M0.95%Jan 23, 2007-0.48
USSHWISDOMTREE 1-3 YEAR LADDERED TREASURY FUND $23M0.15%Mar 12, 2024-0.48
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.48
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.47
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.47
FDIVMARKETDESK FOCUSED U.S. DIVIDEND ETF $73M0.35%Sep 19, 2023-0.47
SZKPROSHARES ULTRASHORT CONSUMER STAPLES $4.70MN/AJan 30, 2007-0.46
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.46
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $75MN/AAug 21, 2023-0.46
NVDSTradr 1.5X Short NVDA Daily ETF$23MN/AJul 13, 2022-0.45
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.44
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.44
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.44
CCSBCARBON COLLECTIVE SHORT DURATION GREEN BOND ETF $26M0.51%Apr 11, 2024-0.44
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.43
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.43
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $23M1.02%Sep 12, 2023-0.43
NVDQT-Rex 2X Inverse NVIDIA Daily Target ETF$36MN/AOct 18, 2023-0.42
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.42
BTCZT-REX 2X INVERSE BITCOIN DAILY TARGET ETF $26MN/AJul 9, 2024-0.41
EFZPROSHARES SHORT MSCI EAFE $16M0.95%Oct 23, 2007-0.41
SDPProShares UltraShort Utilities -2x Shares$4.60MN/AJan 30, 2007-0.41
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.41
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $17M1.02%Sep 6, 2022-0.41
EMTYPROSHARES DECLINE OF THE RETAIL STORE ETF $2.90M0.65%Nov 14, 2017-0.41
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.41
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.41
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.39
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.39
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.39