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39 Stocks and 61 ETFs for diversifying Nabors Industries (NBR)

The least correlated asset to Nabors Industries (NBR) is company Elite Express (ETS). The correlation is -0.7655.

Stocks that lowly correlated with NBR

SymbolName
Market cap
SectorIndustry
Correlation
ETSElite Express Holding Inc - Class A$13MIndustrialsTrucking-0.77
MNTNMNTN Inc - Class A$751MTechnologySoftware - Application-0.71
TGHLGrowhub Ltd (The) - Class A$19MTechnologySoftware - Infrastructure-0.64
PGACPantages Capital Acquisition Corp Cl A Ord Shs$118MFinancial ServicesShell Companies-0.62
EPWKEPWK Holdings Ltd - Class A$9.78KTechnologySoftware - Application-0.61
SIShoulder Innovations Inc$452MN/AN/A-0.60
GIBOGIBO Holdings Ltd$106MCommunication ServicesInternet Content & Information-0.58
WTGWintergreen Acquisition Corp$58MFinancial ServicesShell Companies-0.58
ONCHU1RT Acquisition Corp - Units (1 Ord Cls A & 1 War)$39MFinancial ServicesShell Companies-0.57
BMHLBluemount Holdings Ltd$146MFinancial ServicesCapital Markets-0.56
DGNXDiginex Ltd$28MIndustrialsConsulting Services-0.56
BACCBlue Acquisition Corp - Class A$214MFinancial ServicesShell Companies-0.54
ASICAtegrity Specialty Holdings LLC$1.08BFinancial ServicesInsurance - Property & Casualty-0.53
ZSPCZspace Inc$2.96MTechnologyComputer Hardware-0.52
CUPRCuprina Holdings (Cayman) Ltd - Class A$11MHealthcareMedical Instruments & Supplies-0.51
FVNNRFuture Vision II Acquisition Corporation Right$341KN/AN/A-0.51
CAICaris Life Sciences Inc - Class A$4.94BHealthcareBiotechnology-0.51
ZYBTZhengye Biotechnology Holding Ltd$35MHealthcareDrug Manufacturers - Specialty & Generic-0.50
IBGInnovation Beverage Group Ltd$1.60MConsumer DefensiveBeverages - Wineries & Distilleries-0.48
ELOGEastern International Ltd$9.59MIndustrialsIntegrated Freight & Logistics-0.47
LGPSLogProstyle Inc$26MIndustrialsConglomerates-0.47
BGMQilian International Holding Group Ltd - Class A$7.45MHealthcareDrug Manufacturers - Specialty & Generic-0.47
IQSTiQSTEL Inc$4.55MCommunication ServicesTelecom Services-0.47
JMACUMaxpro Capital Acquisition Corp - Units (1 Ord Share Class A & 1 War)$150MN/AN/A-0.47
LHAILinkhome Holdings Inc$19MReal EstateReal Estate Services-0.46
RAAQReal Asset Acquisition Corp - Class A$231MFinancial ServicesShell Companies-0.44
CCIXChurchill Capital Corp IX$312MFinancial ServicesShell Companies-0.44
CHAChagee Holdings Ltd$1.84BConsumer CyclicalRestaurants-0.43
GRANGrande Group Ltd - Class A$35MFinancial ServicesCapital Markets-0.42
WAYWaystar Holding Corp$4.35BHealthcareHealth Information Services-0.42
HNGEHinge Health Inc - Class A$6.74BHealthcareHealth Information Services-0.42
ELPWElong Power Holding Ltd$645KIndustrialsElectrical Equipment & Parts-0.42
RETOReTo Eco-Solutions Inc - Class A$6.39MBasic MaterialsBuilding Materials-0.41
TTANServiceTitan Inc - Class A$7.44BTechnologySoftware - Application-0.41
CCIXUChurchill Capital Corp IX - Units (1 Ord Share Class A & 1/4 War)$69MFinancial ServicesShell Companies-0.41
CCIXWChurchill Capital Corp IX - Warrants (04/12/2029)$17MN/AN/A-0.41
TWFGTWFG Inc - Class A$380MFinancial ServicesInsurance Brokers-0.41
BEAGBold Eagle Acquisition Corp$276MFinancial ServicesShell Companies-0.41
PLBLPolibeli Group Ltd$2.84BConsumer CyclicalDepartment Stores-0.40

ETFs that lowly correlated with NBR

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
OILDBank of Montreal$53MN/ANov 8, 2021-0.75
RBLYYIELDMAX(R) RBLX OPTION INCOME STRATEGY ETF $2.40M0.99%Jul 28, 2025-0.71
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$895MN/ANov 24, 2008-0.69
WTIDBank of Montreal$18MN/AFeb 16, 2023-0.66
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.66
HOOWROUNDHILL HOOD WEEKLYPAY ETF $146MN/AJun 17, 2025-0.65
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.64
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.64
DVXFWEBs Defined Volatility XLF ETF$251K0.89%Jul 22, 2025-0.60
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.57
SHPUDIREXION DAILY SHOP BULL 2X ETF $15MN/AAug 5, 2025-0.57
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.56
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.55
SCOWPACER S&P SMALLCAP 600 QUALITY FCF ARISTOCRATS ETF $1.60M0.59%Aug 27, 2025-0.54
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.54
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.54
TFNST. ROWE PRICE FINANCIALS ETF $14M0.44%Jun 11, 2025-0.53
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.53
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.52
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.52
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.51
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.51
XLFISTATE STREET(R) FINANCIAL SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $5.80M0.35%Jul 29, 2025-0.51
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.51
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.50
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.48
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.48
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.48
VSTLDEFIANCE DAILY TARGET 2X LONG VST ETF $12MN/AJul 21, 2025-0.47
DJTUT-REX 2X LONG DJT DAILY TARGET ETF $9.40MN/AMar 3, 2025-0.47
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.46
PYPGLEVERAGE SHARES 2X LONG PYPL DAILY ETF $17MN/AApr 3, 2025-0.46
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.45
RBLUT-REX 2X LONG RBLX DAILY TARGET ETF $13MN/AMar 3, 2025-0.44
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.43
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.43
HOOYYIELDMAX(R) HOOD OPTION INCOME STRATEGY ETF $133M0.99%May 7, 2025-0.43
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.42
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3.20MN/AJun 16, 2009-0.42
GOVIINVESCO EQUAL WEIGHT 0-30 YEAR TREASURY ETF $1.20B0.15%Oct 11, 2007-0.42
LCDLGRANITESHARES 2X LONG LCID DAILY ETF N/AN/AApr 21, 2025-0.42
GOVTISHARES U.S. TREASURY BOND ETF $44B0.05%Feb 14, 2012-0.42
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.42
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.41
VGLTVANGUARD LONG-TERM TREASURY INDEX FUND ETF SHARES$15B0.03%Nov 19, 2009-0.41
SPTLSTATE STREET(R) SPDR(R) PORTFOLIO LONG TERM TREASURY ETF $11B0.03%May 23, 2007-0.41
BRKUDIREXION DAILY BRKB BULL 2X SHARES $45MN/ADec 10, 2024-0.41
JAPNHORIZON KINETICS JAPAN OWNER OPERATOR ETF $23M0.85%May 12, 2025-0.41
IBTKISHARES IBONDS DEC 2030 TERM TREASURY ETF $896M0.07%Jul 14, 2020-0.41
TLTISHARES 20+ YEAR TREASURY BOND ETF $41B0.15%Jul 22, 2002-0.41
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.40
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.40
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.40
UBTPROSHARES ULTRA 20+ YEAR TREASURY $62MN/AJan 19, 2010-0.40
KMLIKraneShares 2x Long MELI Daily ETF$8.80MN/AApr 4, 2025-0.40
METWROUNDHILL META WEEKLYPAY ETF $25MN/AJun 17, 2025-0.40
TMFDIREXION DAILY 20+ YEAR TREASURY BULL 3X SHARES $2.30BN/AApr 16, 2009-0.40
AALGLEVERAGE SHARES 2X LONG AAL DAILY ETF $5.30MN/AJul 10, 2025-0.39
IEFISHARES 7-10 YEAR TREASURY BOND ETF $47B0.15%Jul 22, 2002-0.39
SCHQSCHWAB LONG-TERM U.S. TREASURY ETF $759M0.03%Oct 9, 2019-0.39
EDVVANGUARD EXTENDED DURATION TREASURY INDEX FUND ETF SHARES$4.20B0.05%Dec 6, 2007-0.39