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77 Stocks and 23 ETFs for diversifying Newmont (NEM)

The least correlated asset to Newmont (NEM) is ETF GLL (ProShares UltraShort Gold -2x Shares). The correlation is -0.7219.

Stocks that lowly correlated with NEM

SymbolName
Market cap
SectorIndustry
Correlation
CRECre8 Enterprise Ltd Class A$6.60MIndustrialsSpecialty Business Services-0.66
PGACPantages Capital Acquisition Corp Cl A Ord Shs$118MFinancial ServicesShell Companies-0.63
STAKStak Inc$55MEnergyOil & Gas Equipment & Services-0.63
DBTXDecibel Therapeutics Inc$123MN/AN/A-0.62
ETOREtoro Group Ltd - Class A$3.63BFinancial ServicesCapital Markets-0.61
SIShoulder Innovations Inc$452MN/AN/A-0.59
STRZStarz Entertainment Corp$468MCommunication ServicesEntertainment-0.58
ELOGEastern International Ltd$9.59MIndustrialsIntegrated Freight & Logistics-0.55
BMHLBluemount Holdings Ltd$146MFinancial ServicesCapital Markets-0.53
CUPRCuprina Holdings (Cayman) Ltd - Class A$11MHealthcareMedical Instruments & Supplies-0.53
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.53
CHAChagee Holdings Ltd$1.84BConsumer CyclicalRestaurants-0.52
ETSElite Express Holding Inc - Class A$13MIndustrialsTrucking-0.51
STFSStar Fashion Culture Holdings Ltd - Class A$903KCommunication ServicesAdvertising Agencies-0.51
MNTNMNTN Inc - Class A$751MTechnologySoftware - Application-0.51
FIGFigma Inc - Class A$12BTechnologySoftware - Application-0.51
NCTIntercont (Cayman) Ltd$3.63MIndustrialsMarine Shipping-0.50
FIGXFIGX Capital Acquisition Corp - Class A$159MFinancial ServicesShell Companies-0.49
RBRKRubrik Inc - Class A$16BTechnologySoftware - Infrastructure-0.49
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.48
TGHLGrowhub Ltd (The) - Class A$19MTechnologySoftware - Infrastructure-0.48
EDHLEverbright Digital Holding Ltd$5.88MCommunication ServicesAdvertising Agencies-0.48
ASICAtegrity Specialty Holdings LLC$1.08BFinancial ServicesInsurance - Property & Casualty-0.48
SAFXXCF Global Inc$145MUtilitiesUtilities - Renewable-0.48
LWACLightWave Acquisition Corp - Class A$221MFinancial ServicesShell Companies-0.47
HNGEHinge Health Inc - Class A$6.74BHealthcareHealth Information Services-0.47
PTLEPTL Ltd$70MConsumer CyclicalSpecialty Retail-0.46
TLXTelix Pharmaceuticals Ltd$3.82BHealthcareBiotechnology-0.46
EHGOEshallgo Inc - Class A$3.67MIndustrialsBusiness Equipment & Supplies-0.45
UMACUnusual Machines Inc$885MTechnologyComputer Hardware-0.45
SVCCUStellar V Capital Corp - Units (1 Ord Cls A & 1/2 War)$168MFinancial ServicesShell Companies-0.44
LBLandbridge Company LLC. - Class A$5.70BEnergyOil & Gas Equipment & Services-0.44
BOWBowhead Specialty Holdings Inc$982MFinancial ServicesInsurance - Property & Casualty-0.44
CTWCTW Cayman - Class A$147MCommunication ServicesElectronic Gaming & Multimedia-0.44
NHICWNewHold Investment Corp III - Warrants (01/01/9999)$171MN/AN/A-0.43
KCHVKochav Defense Acquisition Corp - Class A$263MFinancial ServicesShell Companies-0.43
BACCBlue Acquisition Corp - Class A$214MFinancial ServicesShell Companies-0.42
SPPLSimpple Ltd$11MIndustrialsSpecialty Industrial Machinery-0.42
PNSkycorp Solar Group Ltd - Series A$91MTechnologySolar-0.42
DAAQDigital Asset Acquisition Corp - Class A$180MFinancial ServicesShell Companies-0.41
ANGXAngel Studios Inc - Class A$709MCommunication ServicesEntertainment-0.41
IPCXInflection Point Acquisition Corp III - Class A$263MFinancial ServicesShell Companies-0.41
SLDESlide Insurance Holdings Inc$2.32BFinancial ServicesInsurance - Property & Casualty-0.40
MDCXMDCorp$14MHealthcareDrug Manufacturers - General-0.40
TACHTitan Acquisition Corp - Class A$288MFinancial ServicesShell Companies-0.40
GIBOGIBO Holdings Ltd$106MCommunication ServicesInternet Content & Information-0.40
NMAXNewsmax Inc Class B$1.09BCommunication ServicesBroadcasting-0.40
TRAKDealerTrack Technologies Inc$162MTechnologySoftware - Application-0.39
RETOReTo Eco-Solutions Inc - Class A$6.39MBasic MaterialsBuilding Materials-0.38
HMRSports Properties Acquisition Corp$65MIndustrialsMarine Shipping-0.38
HCHLHappy City Holdings Ltd - Class A$59MConsumer CyclicalRestaurants-0.38
WFFWF Holding Ltd$12MIndustrialsSpecialty Industrial Machinery-0.38
OMSEOMS Energy Technologies Inc$197MEnergyOil & Gas Equipment & Services-0.38
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.37
APADREnhanced Group Inc$6.67MN/AN/A-0.37
EQVEQV Ventures Acquisition Corp.$466MFinancial ServicesShell Companies-0.37
ORIQUOrigin Investment Corp I - Units (1 Ord Cls & 1/2 War)$22MFinancial ServicesShell Companies-0.37
PEWGrabAGun Digital Holdings Inc$75MIndustrialsAerospace & Defense-0.37
CTOSCustom Truck One Source Inc$2.37BIndustrialsRental & Leasing Services-0.37
FATNFatpipe Inc$67MTechnologySoftware - Infrastructure-0.37
WTGWintergreen Acquisition Corp$58MFinancial ServicesShell Companies-0.36
AXINAxiom Intelligence Acquisition Corp 1 - Class A$341MFinancial ServicesShell Companies-0.36
TDACUTranslational Development Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$26MFinancial ServicesShell Companies-0.36
DXYZDestiny Tech100 Inc$629MFinancial ServicesAsset Management-0.36
SNOWSnowflake Inc - Class A$94BTechnologySoftware - Application-0.36
FERAFifth Era Acquisition Corp I - Class A$246MFinancial ServicesShell Companies-0.36
TLIHTen League International Holdings Ltd$17MIndustrialsIndustrial Distribution-0.36
RAAQReal Asset Acquisition Corp - Class A$231MFinancial ServicesShell Companies-0.36
CHACUCrane Harbor Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$72MFinancial ServicesShell Companies-0.36
CRAQCal Redwood Acquisition Corp$320MFinancial ServicesShell Companies-0.35
FATFAT Brands Inc. Class A Common Stock$2.91MConsumer CyclicalRestaurants-0.35
RALRALSTON PURINA CO$7.56BTechnologyElectronic Components-0.35
FWRGFirst Watch Restaurant Group Inc$744MConsumer CyclicalRestaurants-0.35
CAEPCantor Equity Partners III Inc - Class A$420MFinancial ServicesShell Companies-0.35
OMDAOmada Health Inc$1.41BHealthcareHealth Information Services-0.34
JCICUJack Creek Investment Corp - Units (1 Ord Share Class A & 1/2 War)$432MN/AN/A-0.34
TWFGTWFG Inc - Class A$380MFinancial ServicesInsurance Brokers-0.34

ETFs that lowly correlated with NEM

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
GLLProShares UltraShort Gold -2x Shares$110MN/ADec 1, 2008-0.72
DULLBank of Montreal$21MN/AFeb 21, 2023-0.70
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.62
DLLLGRANITESHARES 2X LONG DELL DAILY ETF $161MN/AFeb 12, 2025-0.61
DGZDeutsche Bank AG London$1.30M0.75%Feb 27, 2008-0.58
BTFXCoinShares Bitcoin Leverage ETF$12MN/AFeb 21, 2024-0.55
GGOViShares Global Government Bond USD Hedged Active$2.90B0.39%Jun 25, 2025-0.53
PALUDirexion Daily PANW Bull 2X Shares$34MN/AMar 25, 2025-0.51
SNOYYIELDMAX(R) SNOW OPTION INCOME STRATEGY ETF $45M1.00%Jun 10, 2024-0.50
BIGYYIELDMAX(R) TARGET 12(TM) BIG 50 OPTION INCOME ETF $47M1.09%Nov 20, 2024-0.47
SNOUT-REX 2X LONG SNOW DAILY TARGET ETF $25MN/AApr 23, 2025-0.46
MSTUT-REX 2X LONG MSTR DAILY TARGET ETF $291MN/ASep 17, 2024-0.41
BITCBitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF$15M0.88%Mar 20, 2023-0.41
ARKDARK DIET Q1 BUFFER ETF $1.50M0.89%Sep 25, 2025-0.41
NOWLGRANITESHARES 2X LONG NOW DAILY ETF $286MN/AJul 14, 2025-0.40
ARMGLEVERAGE SHARES 2X LONG ARM DAILY ETF $127MN/AJan 13, 2025-0.39
MSTXDefiance Daily Target 2x Long MSTR ETF$151MN/AAug 14, 2024-0.38
UUPInvesco DB US Dollar Index Bullish Fund$436M0.75%Feb 20, 2007-0.37
MVLLGRANITESHARES 2X LONG MRVL DAILY ETF $1BN/AMar 6, 2025-0.37
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.35
BTCLT-REX 2X LONG BITCOIN DAILY TARGET ETF $20MN/AJul 9, 2024-0.34
BITUPROSHARES ULTRA BITCOIN ETF $301MN/AApr 1, 2024-0.34
EUOProShares UltraShort Euro -2X Shares$35MN/ANov 24, 2008-0.34