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51 Stocks and 49 ETFs for diversifying Mereo Biopharma Group (MREO)

The least correlated asset to Mereo Biopharma Group (MREO) is ETF TEXX (HORIZON KINETICS TEXAS ETF). The correlation is -0.8939.

Stocks that lowly correlated with MREO

SymbolName
Market cap
SectorIndustry
Correlation
PELIRPelican Acquisition Corp$2.80MN/AN/A-0.75
ANPARich Sparkle Holdings Ltd$53MIndustrialsSpecialty Business Services-0.74
ROLRHigh Roller Technologies Inc$72MConsumer CyclicalGambling-0.73
RAYRaytech Holding Ltd$8.20MConsumer DefensiveHousehold & Personal Products-0.69
EGGEnigmatig Ltd - Class A$189MIndustrialsConsulting Services-0.69
POLEUAndretti Acquisition Corp II - Units (1 Ord Class A & 1/2 War)$223MFinancial ServicesShell Companies-0.66
TFIN-PTriumph Financial Inc Depositary Shares Series C$531MFinancial ServicesBanks - Regional-0.66
BNAIBrand Engagement Network Inc$85MTechnologySoftware - Infrastructure-0.66
MCRPMicropolis Holding Company$42MTechnologyComputer Hardware-0.66
CGTLCreative Global Technology Holdings Ltd$6.84MConsumer CyclicalSpecialty Retail-0.60
WSBKWinchester Bancorp Inc$121MFinancial ServicesBanks - Regional-0.59
ALMSAlumis Inc$3.60BHealthcareBiotechnology-0.59
ADALUAnthemis Digital Acquisitions I Corp - Units (1 Ord Class A & 1/2 War)$241MN/AN/A-0.58
ALCYUAlchemy Investments Acquisition Corp 1 - Unit (1 Ord Class A & 1/2 War)$68MFinancial ServicesShell Companies-0.56
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.55
YMTYimutian Inc$111MTechnologySoftware - Application-0.55
LARLithium Argentina AG$1.24BBasic MaterialsOther Industrial Metals & Mining-0.55
VINON/A$1.32MReal EstateReal Estate - Diversified-0.54
AOMDAngel Oak Mortgage REIT Inc$622MN/AN/A-0.52
AMBRAmber Road Inc$136MTechnologySoftware - Infrastructure-0.51
FLYFirefly Aerospace Inc$3.35BIndustrialsAerospace & Defense-0.51
CAPNUCayson Acquisition Corp - Units (1 1 Rights)$21MFinancial ServicesShell Companies-0.50
CHPGChampionsGate Acquisition Corp - Class A$78MFinancial ServicesShell Companies-0.49
SHMDSCHMID Group N.V. - Class A$215MIndustrialsSpecialty Industrial Machinery-0.48
OMSEOMS Energy Technologies Inc$197MEnergyOil & Gas Equipment & Services-0.48
NXUEnergy Vault Holdings Inc - Class A$4.48MIndustrialsElectrical Equipment & Parts-0.48
ONEGOneConstruction Group Ltd$15MIndustrialsEngineering & Construction-0.48
CRBDCorebridge Financial Inc$11BN/AN/A-0.47
ANLAdlai Nortye Ltd$317MHealthcareBiotechnology-0.47
COLAColumbus Acquisition Corp$34MFinancial ServicesShell Companies-0.46
EGHAEGH Acquisition Corp - Class A$212MFinancial ServicesShell Companies-0.45
BKHABlack Hawk Acquisition Corp - Class A$58MFinancial ServicesShell Companies-0.44
TGEGeneration Essentials Group - Class A$370MFinancial ServicesAsset Management-0.43
FLOCFlowco Holdings Inc - Class A$2.18BEnergyOil & Gas Equipment & Services-0.43
NAMMNamib Minerals.$87MBasic MaterialsGold-0.43
AIROAIRO Group Holdings Inc$212MIndustrialsAerospace & Defense-0.43
NCEWNew Century Logistics (BVI) Ltd$54MIndustrialsIntegrated Freight & Logistics-0.43
IBACIB Acquisition Corp$46MFinancial ServicesShell Companies-0.42
RMCORoyalty Management Holding Corporation Class A Common Stock$35MFinancial ServicesAsset Management-0.41
OBAOxley Bridge Acquisition Ltd - Class A$260MFinancial ServicesShell Companies-0.41
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.40
FVNNUFuture Vision II Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.40
CJMBCallan Jmb Inc$4.21MIndustrialsIntegrated Freight & Logistics-0.39
AUGOAura Minerals Inc$4.54BBasic MaterialsGold-0.39
ACFNN/A$45MTechnologyScientific & Technical Instruments-0.39
GLIBKGCI Liberty Inc$877MCommunication ServicesTelecom Services-0.39
BFRIBiofrontera Inc$13MHealthcareDrug Manufacturers - Specialty & Generic-0.38
LZMLifezone Metals Ltd$289MBasic MaterialsOther Industrial Metals & Mining-0.38
MFANMFA Financial Inc 8.875 Senior Notes due 2029$2.55BN/AN/A-0.38
AMJBJPMorgan Chase & Company$96BN/AN/A-0.38
KMRKKTech Solutions Company Ltd$21MConsumer CyclicalLeisure-0.38

ETFs that lowly correlated with MREO

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
TEXXHORIZON KINETICS TEXAS ETF $2.90M0.85%Jan 21, 2026-0.89
DVXBWEBs Defined Volatility XLB ETF$276K0.89%Jul 22, 2025-0.62
TURFT. ROWE PRICE NATURAL RESOURCES ETF $157M0.44%Jun 11, 2025-0.62
JHDGJOHN HANCOCK HEDGED EQUITY ETF $90M0.49%Apr 7, 2026-0.61
EPEMHARBOR EMERGING MARKETS EQUITY ETF $8M0.84%Jun 4, 2025-0.58
HFMFUNLIMITED HFMF MANAGED FUTURES ETF $22M0.97%Jul 14, 2025-0.57
BOEGLEVERAGE SHARES 2X LONG BA DAILY ETF $4.80MN/AJun 12, 2025-0.57
FFUTFIDELITY MANAGED FUTURES ETF $247M0.80%Jun 3, 2025-0.52
ZSCUSCF SUSTAINABLE COMMODITY STRATEGY FUND $2.90M0.52%Aug 8, 2023-0.51
OTGLOTG LATIN AMERICA ETF $28M0.95%May 7, 2019-0.51
XOMXDirexion Daily XOM Bull 2X Shares$7.80MN/AApr 22, 2025-0.51
HFGMUNLIMITED HFGM GLOBAL MACRO ETF $152M1.01%Apr 14, 2025-0.50
EMOPAB EMERGING MARKETS OPPORTUNITIES ETF $2.10B0.70%Dec 15, 1995-0.50
ZSBUSCF SUSTAINABLE BATTERY METALS STRATEGY FUND $2.20M0.59%Jan 10, 2023-0.50
LMTLDirexion Daily LMT Bull 2X ETF$8.40MN/AAug 5, 2025-0.49
IDEFiShares Defense Industrials Active ETF$4.10B0.55%May 19, 2025-0.49
DGLOFIRST TRUST RBA DEGLOBALIZATION ETF $3.60M0.70%Aug 5, 2025-0.49
GXPSGLOBAL X PURECAP MSCI CONSUMER STAPLES ETF $59M0.15%Jul 22, 2025-0.48
ISMFiShares Managed Futures Active ETF$60M0.80%Mar 12, 2025-0.47
GXPEGLOBAL X PURECAP MSCI ENERGY ETF $1.20M0.15%Jul 22, 2025-0.47
DVXPWEBs Defined Volatility XLP ETF$251K0.89%Jul 22, 2025-0.47
BLUIBLUEMONTE DIVERSIFIED INCOME ETF $105M0.75%Jun 20, 2025-0.47
EVMTInvesco Electric Vehicle Metals Commodity Strategy No K-1 ETF$6.90M0.59%Apr 27, 2022-0.46
MFUTCAMBRIA CHESAPEAKE PURE TREND ETF $39M1.18%May 28, 2024-0.45
ILITISHARES LITHIUM MINERS AND PRODUCERS ETF $18M0.47%Jun 21, 2023-0.45
AKAFTHE FRONTIER ECONOMIC FUND $2.80M0.20%Jun 25, 2025-0.45
SLJYAmplify SILJ Covered Call ETF$54M0.76%Aug 18, 2025-0.44
IDEQLAZARD INTERNATIONAL DYNAMIC EQUITY ETF $1.50B0.40%May 29, 2015-0.44
PALDDirexion Daily PANW Bear 1X Shares$1.80M1.02%Feb 10, 2025-0.43
BOEUDirexion Daily BA Bull 2X Shares$22MN/AApr 22, 2025-0.43
NRESXTRACKERS RREEF GLOBAL NATURAL RESOURCES ETF $32M0.45%Feb 26, 2024-0.42
USNGAMPLIFY SAMSUNG U.S. NATURAL GAS INFRASTRUCTURE ETF $7.40M0.59%May 19, 2025-0.42
ASGMVirtus ETF Trust II AlphaSimplex Global Macro$8.60M0.86%Aug 4, 2025-0.42
EPINHARBOR INTERNATIONAL EQUITY ETF $7.70M0.80%Jun 4, 2025-0.42
LITPSprott Lithium Miners ETF$46M0.65%Feb 1, 2023-0.41
EPSBHARBOR SMID CAP CORE ETF $4.80M0.88%May 1, 2025-0.41
EMEMSOPHUS CAPITAL EMERGING MARKET ETF $61M0.65%May 19, 2026-0.41
ORRMILITIA LONG/SHORT EQUITY ETF $351M10.91%Jan 14, 2025-0.41
BOTTTHEMES HUMANOID ROBOTICS ETF $63M0.35%Apr 19, 2024-0.41
EPMBHARBOR MID CAP CORE ETF $4.70M0.88%May 1, 2025-0.40
ISTMiShares Transition-Enabling Metals ETF$29M0.47%Sep 26, 2023-0.40
TIPANORTHERN TRUST 2030 INFLATION-LINKED DISTRIBUTING LADDER ETF $18M0.10%Aug 18, 2025-0.38
IONPROSHARES S&P GLOBAL CORE BATTERY METALS ETF $14M0.58%Nov 29, 2022-0.38
XLSISTATE STREET(R) CONSUMER STAPLES SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $4.70M0.35%Jul 29, 2025-0.38
LENSSARMAYA THEMATIC ETF $50M0.79%Jan 28, 2025-0.38
DIVNHORIZON DIVIDEND INCOME ETF $191M0.70%Jun 25, 2025-0.38
RCTRFIRST TRUST BLOOMBERG NUCLEAR POWER ETF $27M0.70%Jul 29, 2025-0.38
CCNRALPS | CORECOMMODITY NATURAL RESOURCES ETF $364M0.39%Jul 10, 2024-0.37
BINTBLUEMONTE GLOBAL EQUITY ETF $404M0.23%Jun 20, 2025-0.37