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33 Stocks and 67 ETFs for diversifying Materion (MTRN)

The least correlated asset to Materion (MTRN) is company LZ Technology (LZMH). The correlation is -0.752.

Stocks that lowly correlated with MTRN

SymbolName
Market cap
SectorIndustry
Correlation
LZMHLZ Technology Holdings Ltd - Class B$9.02MTechnologyInformation Technology Services-0.75
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.65
YOULYoulife Group Inc$41MConsumer DefensiveEducation & Training Services-0.62
APADUA Paradise Acquisition Corp Unit$67MFinancial ServicesShell Companies-0.59
MHMcGraw Hill Inc$1.95BConsumer DefensiveEducation & Training Services-0.59
HBNBHotel101 Global Holdings Corp$1.31BReal EstateReal Estate Services-0.58
MAMKMaxsMaking Inc - Class A$195MIndustrialsConglomerates-0.56
SLDESlide Insurance Holdings Inc$2.32BFinancial ServicesInsurance - Property & Casualty-0.54
APADEnhanced Group Inc - Class A$161MFinancial ServicesShell Companies-0.53
CIGLConcorde International Group Ltd Class A Ordinary Shares$41MIndustrialsSecurity & Protection Services-0.50
YSXTYsx Tech Co.Ltd - Class A$20MIndustrialsSpecialty Business Services-0.48
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.48
CHACUCrane Harbor Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$72MFinancial ServicesShell Companies-0.45
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.44
JCAPJefferson Capital Inc$1.06BFinancial ServicesCredit Services-0.43
ASPCRA SPAC III Acquisition Corp$196KN/AN/A-0.43
APUSApimeds Pharmaceuticals US Inc$8.51MHealthcareDrug Manufacturers - Specialty & Generic-0.42
CEPOCantor Equity Partners I Inc - Class A$271MFinancial ServicesShell Companies-0.41
WAYWaystar Holding Corp$4.35BHealthcareHealth Information Services-0.41
GSRMBitcoin Depot Inc - Class A$54MN/AN/A-0.41
NIQNIQ Global Intelligence plc$3.24BN/AN/A-0.40
BGMQilian International Holding Group Ltd - Class A$7.45MHealthcareDrug Manufacturers - Specialty & Generic-0.40
MLACMountain Lake Acquisition Corp - Class A$43MN/AN/A-0.40
HPAIHelport AI Ltd$21MTechnologySoftware - Infrastructure-0.39
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.39
LEGTLegato Merger Corp. III$197MFinancial ServicesShell Companies-0.39
LWACLightWave Acquisition Corp - Class A$221MFinancial ServicesShell Companies-0.39
BYAHPark Ha Biological Technology Co Ltd$917KConsumer DefensiveHousehold & Personal Products-0.38
LHAILinkhome Holdings Inc$19MReal EstateReal Estate Services-0.38
KIDZClassover Holdings Inc$2.67MConsumer DefensiveEducation & Training Services-0.38
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$18MFinancial ServicesShell Companies-0.38
PLBLPolibeli Group Ltd$2.84BConsumer CyclicalDepartment Stores-0.37
RAYAErayak Power Solution Group Inc - Class A$3.34MIndustrialsElectrical Equipment & Parts-0.37

ETFs that lowly correlated with MTRN

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.64
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.64
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.64
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.64
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.63
SHRTGOTHAM SHORT STRATEGIES ETF $14M1.35%Jul 31, 2017-0.62
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.61
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.60
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $16M1.03%Feb 11, 2025-0.59
NTRLFirst Trust Equity Market Neutral ETF$19M0.95%Feb 4, 2020-0.58
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.56
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.56
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.56
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.55
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.55
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.55
XLEISTATE STREET(R) ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF$40M0.35%Jul 29, 2025-0.54
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.54
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.54
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.53
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.53
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.53
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.52
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.52
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $13MN/AMar 31, 2025-0.52
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.51
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.51
CSCSDirexion Daily CSCO Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.51
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.50
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.50
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.50
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.50
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.49
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.49
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.48
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.48
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.48
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.47
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.46
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.46
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.46
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.45
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.45
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.45
QCMDDirexion Daily QCOM Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.45
GXPEGLOBAL X PURECAP MSCI ENERGY ETF $1.20M0.15%Jul 22, 2025-0.44
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.43
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.43
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.43
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.43
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.42
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.42
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.42
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.41
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.41
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.41
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.41
WZRDOpportunistic Trader ETF$976K1.00%Jun 24, 2025-0.40
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.40
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.40
CXRNTEUCRIUM 2X DAILY CORN ETF $4MN/ADec 12, 2024-0.39
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.39
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.39
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.39
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.39
NFLUT-REX 2X LONG NFLX DAILY TARGET ETF $46MN/ASep 26, 2024-0.38
NFXLDIREXION DAILY NFLX BULL 2X SHARES $141MN/AOct 2, 2024-0.38