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51 Stocks and 49 ETFs for diversifying NGL Energy Partners LP (NGL)

The least correlated asset to NGL Energy Partners LP (NGL) is company Mount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt) (RNERU). The correlation is -0.8319.

Stocks that lowly correlated with NGL

SymbolName
Market cap
SectorIndustry
Correlation
RNERUMount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt)$125MN/AN/A-0.83
ETSElite Express Holding Inc - Class A$13MIndustrialsTrucking-0.71
LIONULionheart III Corp - Units (1 Ord Share Class A & 1/2 War)$113MN/AN/A-0.70
MCGAYorkville Acquisition Corp - Class A$176MFinancial ServicesShell Companies-0.65
TACOBerto Acquisition Corp$314MFinancial ServicesShell Companies-0.65
MNTNMNTN Inc - Class A$751MTechnologySoftware - Application-0.60
ACFNN/A$45MTechnologyScientific & Technical Instruments-0.59
TGHLGrowhub Ltd (The) - Class A$19MTechnologySoftware - Infrastructure-0.58
FIGFigma Inc - Class A$12BTechnologySoftware - Application-0.58
CRECre8 Enterprise Ltd Class A$6.60MIndustrialsSpecialty Business Services-0.58
EPWKEPWK Holdings Ltd - Class A$9.78KTechnologySoftware - Application-0.57
LOARLoar Holdings Inc$6.61BIndustrialsAerospace & Defense-0.57
AIROAIRO Group Holdings Inc$212MIndustrialsAerospace & Defense-0.54
AZIAutozi Internet Technology (Global) Ltd - Class A$9.05MConsumer CyclicalAuto & Truck Dealerships-0.52
MCGAUYorkville Acquisition Corp - Units (1 Ord Cls A & 1/3 War)$52MFinancial ServicesShell Companies-0.52
PCAPPatriot Capital Funding Inc$324MFinancial ServicesShell Companies-0.51
BEAGBold Eagle Acquisition Corp$276MFinancial ServicesShell Companies-0.50
CHAChagee Holdings Ltd$1.84BConsumer CyclicalRestaurants-0.50
WTGWintergreen Acquisition Corp$58MFinancial ServicesShell Companies-0.49
TTANServiceTitan Inc - Class A$7.44BTechnologySoftware - Application-0.49
ELPWElong Power Holding Ltd$645KIndustrialsElectrical Equipment & Parts-0.49
CCIICohen Circle Acquisition Corp II - Class A$269MFinancial ServicesShell Companies-0.49
XRPNArmada Acquisition Corp II - Class A$330MFinancial ServicesShell Companies-0.45
RAYRaytech Holding Ltd$8.20MConsumer DefensiveHousehold & Personal Products-0.45
LGPSLogProstyle Inc$26MIndustrialsConglomerates-0.45
OACCUOaktree Acquisition Corp III Life Sciences - Units (1 Ordinary Cls A & 1/5 Warr)$186MFinancial ServicesShell Companies-0.45
PRMBPrimo Brands Corp - Class A$9.12BConsumer DefensiveBeverages - Non-alcoholic-0.45
ZSPCZspace Inc$2.96MTechnologyComputer Hardware-0.44
PMTRPerimeter Acquisition Corp I - Class A$258MFinancial ServicesShell Companies-0.44
CCIIWCohen Circle Acquisition Corp II - Warrants(01/07/2030)$3.81MN/AN/A-0.43
CAICaris Life Sciences Inc - Class A$4.94BHealthcareBiotechnology-0.43
CUPRCuprina Holdings (Cayman) Ltd - Class A$11MHealthcareMedical Instruments & Supplies-0.41
NKLRTerra Innovatum Global N.V.$535MUtilitiesUtilities - Regulated Electric-0.41
DFDVDeFi Development Corp$91MFinancial ServicesAsset Management-0.41
IBGInnovation Beverage Group Ltd$1.60MConsumer DefensiveBeverages - Wineries & Distilleries-0.41
CEPCantor Equity Partners Inc - Class A$183MFinancial ServicesShell Companies-0.41
GRANGrande Group Ltd - Class A$35MFinancial ServicesCapital Markets-0.41
EHGOEshallgo Inc - Class A$3.67MIndustrialsBusiness Equipment & Supplies-0.40
BMHLBluemount Holdings Ltd$146MFinancial ServicesCapital Markets-0.39
CCIXChurchill Capital Corp IX$312MFinancial ServicesShell Companies-0.39
LCCCRLakeshore Acquisition III Corp$349KN/AN/A-0.39
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.39
RTACRenatus Tactical Acquisition Corp I - Class A$326MFinancial ServicesShell Companies-0.38
IQSTiQSTEL Inc$4.55MCommunication ServicesTelecom Services-0.38
FTPAFTAC Parnassus Acquisition Corp - Class A$302MFinancial ServicesShell Companies-0.38
HNGEHinge Health Inc - Class A$6.74BHealthcareHealth Information Services-0.38
GTERRGloba Terra Acquisition Corporation Rights$407KN/AN/A-0.37
PGACPantages Capital Acquisition Corp Cl A Ord Shs$118MFinancial ServicesShell Companies-0.37
OMDAOmada Health Inc$1.41BHealthcareHealth Information Services-0.37
OHPAUOrion Acquisition Corp - Units (1 Ord Share Class A & 1/4 War)$417MN/AN/A-0.36
FORLFour Leaf Acquisition Corporation Class A Common Stock$47MN/AN/A-0.35

ETFs that lowly correlated with NGL

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
DJTUT-REX 2X LONG DJT DAILY TARGET ETF $9.40MN/AMar 3, 2025-0.61
LCDLGRANITESHARES 2X LONG LCID DAILY ETF N/AN/AApr 21, 2025-0.61
BFJLFT VEST BITCOIN STRATEGY FLOOR15 ETF - JULY $3.30M0.90%Jun 27, 2025-0.59
CBXYCalamos Bitcoin 90 Series Structured Alt Protection ETF July$5.50M0.69%Jul 7, 2025-0.57
XXVSIMPLIFY ANCORATO TARGET 25 DISTRIBUTION ETF $46M0.85%Nov 17, 2025-0.54
CBOYCalamos Bitcoin Structured Alt Protection ETF July$4.90M0.69%Jul 7, 2025-0.54
VSTLDEFIANCE DAILY TARGET 2X LONG VST ETF $12MN/AJul 21, 2025-0.53
CBTYCalamos Bitcoin 80 Series Structured Alt Protection ETF July$11M0.69%Jul 7, 2025-0.53
FGSIFT VEST GROWTH STRENGTH & TARGET INCOME ETF $3M0.85%Jun 25, 2025-0.52
RBLYYIELDMAX(R) RBLX OPTION INCOME STRATEGY ETF $2.40M0.99%Jul 28, 2025-0.51
SCOWPACER S&P SMALLCAP 600 QUALITY FCF ARISTOCRATS ETF $1.60M0.59%Aug 27, 2025-0.49
SHPUDIREXION DAILY SHOP BULL 2X ETF $15MN/AAug 5, 2025-0.49
GGLSDirexion Daily GOOGL Bear 1X ETF$13M1.02%Sep 6, 2022-0.47
KATSCHARF ETF $651M0.75%Dec 30, 2011-0.47
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.46
HOOWROUNDHILL HOOD WEEKLYPAY ETF $146MN/AJun 17, 2025-0.45
METWROUNDHILL META WEEKLYPAY ETF $25MN/AJun 17, 2025-0.45
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.45
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.45
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.43
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.42
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.41
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.41
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.41
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.41
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.40
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.40
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.40
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.40
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.39
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.39
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.39
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.39
OILDBank of Montreal$53MN/ANov 8, 2021-0.38
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$895MN/ANov 24, 2008-0.38
CCORCORE ALTERNATIVE ETF $27M1.29%May 23, 2017-0.38
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.37
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $14M0.96%Aug 8, 2022-0.37
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.37
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $10M1.02%Sep 6, 2022-0.37
QQLVInvesco QQQ Low Volatility ETF$1.90M0.25%Dec 4, 2024-0.36
PYPGLEVERAGE SHARES 2X LONG PYPL DAILY ETF $17MN/AApr 3, 2025-0.36
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.36
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.36
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.36
BOEGLEVERAGE SHARES 2X LONG BA DAILY ETF $4.80MN/AJun 12, 2025-0.35
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.35
RTXGLeverage Shares 2X Long RTX Daily ETF$4.50MN/AJun 5, 2025-0.35
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.34