30 Stocks and 70 ETFs for diversifying MSC Industrial Direct (MSM)
The least correlated asset to MSC Industrial Direct (MSM) is ETF DWSH (ADVISORSHARES DORSEY WRIGHT SHORT ETF). The correlation is -0.7119.
Stocks that lowly correlated with MSM
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| SUGP | SU Group Holdings Ltd - Class A | $5.51M | Industrials | Security & Protection Services | -0.61 |
| APADU | A Paradise Acquisition Corp Unit | $67M | Financial Services | Shell Companies | -0.56 |
| STRC | Microstrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock | $29B | Technology | Software - Application | -0.55 |
| NAMI | Jinxin Technology Holding Company | $7.41M | Communication Services | Internet Content & Information | -0.54 |
| SCAG | Scage Future | $25M | Industrials | Farm & Heavy Construction Machinery | -0.53 |
| APAD | Enhanced Group Inc - Class A | $161M | Financial Services | Shell Companies | -0.53 |
| JCAP | Jefferson Capital Inc | $1.06B | Financial Services | Credit Services | -0.51 |
| THH | TryHard Holdings Ltd | $12M | Industrials | Specialty Business Services | -0.51 |
| GTERR | Globa Terra Acquisition Corporation Rights | $407K | N/A | N/A | -0.50 |
| HPAI | Helport AI Ltd | $21M | Technology | Software - Infrastructure | -0.49 |
| UBXG | U-BX Technology Ltd | $6.42M | Communication Services | Advertising Agencies | -0.48 |
| KRMN | Karman Holdings Inc | $6.47B | Industrials | Aerospace & Defense | -0.48 |
| HBNB | Hotel101 Global Holdings Corp | $1.31B | Real Estate | Real Estate Services | -0.48 |
| SSEAU | Starry Sea Acquisition Corp - Units (1 Ord Shs & 1/6 Rts) | $19M | Financial Services | Shell Companies | -0.47 |
| CCCX | Churchill Capital Corp X - Class A | $570M | Financial Services | Shell Companies | -0.47 |
| GTERU | Globa Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts) | $53M | Financial Services | Shell Companies | -0.45 |
| VINO | N/A | $1.32M | Real Estate | Real Estate - Diversified | -0.45 |
| OTF | Blue Owl Technology Finance Corp | $4.79B | Financial Services | Asset Management | -0.44 |
| YMT | Yimutian Inc | $111M | Technology | Software - Application | -0.44 |
| HKIT | Hitek Global Inc - Class A | $4.63M | Technology | Information Technology Services | -0.43 |
| AAUC | Allied Gold Corporation | $2.75B | Basic Materials | Gold | -0.43 |
| CDTG | CDT Environmental Technology Investment Holdings Ltd | $3.77M | Industrials | Waste Management | -0.43 |
| QETAR | Quetta Acquisition Corp | $1.43M | N/A | N/A | -0.43 |
| YHNA | YHN Acquisition I Ltd | $63M | Financial Services | Shell Companies | -0.43 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.42 |
| GIG | GigCapital7 Corp - Class A | $353M | Financial Services | Shell Companies | -0.42 |
| BLSH | Bullish | $3.80B | Technology | Software - Infrastructure | -0.42 |
| GLIBK | GCI Liberty Inc | $877M | Communication Services | Telecom Services | -0.42 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.41 |
| AUGO | Aura Minerals Inc | $4.54B | Basic Materials | Gold | -0.40 |