70 Stocks and 30 ETFs for diversifying Newsmax (NMAX)
The least correlated asset to Newsmax (NMAX) is company Desktop Metal (DM). The correlation is -1.
Stocks that lowly correlated with NMAX
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| DM | Desktop Metal Inc - Class A | $165M | N/A | N/A | -1.00 |
| MINM | FiEE Inc | $18M | N/A | N/A | -0.89 |
| RVNC | Revance Therapeutics Inc | $380M | Healthcare | Biotechnology | -0.87 |
| HRYU | Global Interactive Technologies Inc | $760K | Communication Services | Internet Content & Information | -0.87 |
| FRBN | Forbion European Acquisition Corp - Class A | $343M | Financial Services | Shell Companies | -0.87 |
| SOL | Emeren Group Ltd American Depositary Shares, each representing 10 shares | $100M | Technology | Solar | -0.87 |
| MCACR | ConnectM Technology Solutions Inc | $2.93M | N/A | N/A | -0.87 |
| GRCL | Gracell Biotechnologies Inc | $990M | Healthcare | Biotechnology | -0.87 |
| DBGIW | Digital Brands Group Inc - Warrants (01/05/2026) | $40M | N/A | N/A | -0.87 |
| STBX | Starbox Group Holdings Ltd | $1.14M | Communication Services | Internet Content & Information | -0.87 |
| FRLA | Fortune Rise Acquisition Corp - Class A | $35M | Financial Services | Shell Companies | -0.87 |
| FRLAU | Fortune Rise Acquisition Corp - Units (1 Ord Share Class A & 1/2 War) | $36M | Financial Services | Shell Companies | -0.87 |
| RCM | R1 RCM Inc | $6.04B | Healthcare | Health Information Services | -0.87 |
| SLGC | SomaLogic Inc - Class A | $393M | Healthcare | Health Information Services | -0.87 |
| FFNW | First Financial Northwest Inc | $208M | Financial Services | Banks - Regional | -0.83 |
| TMDX | Transmedics Group Inc | $2.42B | Healthcare | Medical Devices | -0.82 |
| HMST | HomeStreet Inc | $262M | N/A | N/A | -0.80 |
| THRD | Third Harmonic Bio Inc | $242M | Healthcare | Biotechnology | -0.76 |
| BBD | Banco Bradesco S.A. | $38B | Financial Services | Banks - Regional | -0.76 |
| AACI | Armada Acquisition Corp I | $77M | Financial Services | Shell Companies | -0.75 |
| WING | Wingstop Inc | $4.14B | Consumer Cyclical | Restaurants | -0.75 |
| IOR | Income Opportunity Realty Investors Inc | $73M | Financial Services | Mortgage Finance | -0.75 |
| HDB | HDFC Bank Ltd | $121B | Financial Services | Banks - Regional | -0.74 |
| ELP | Cia Paranaense De Energia Copel | $6.88B | Utilities | Utilities - Regulated Electric | -0.74 |
| KUKE | Kuke Music Holding Limited American Depositary Shares (each representing ten (10) Class A Ordinary Shares) | $5.93M | Communication Services | Entertainment | -0.74 |
| HERE | Here Group Ltd | $117M | Consumer Cyclical | Leisure | -0.72 |
| QSG | QuantaSing Group Limited American Depositary Shares | $335M | Consumer Defensive | Education & Training Services | -0.72 |
| BBDO | Banco Bradesco S.A. | $33B | Financial Services | Banks - Regional | -0.72 |
| DRDBU | Roman DBDR Acquisition Corp II - Units (1 Ord Cls A & 1/2 War) | $243M | Financial Services | Shell Companies | -0.71 |
| TTEK | Tetra Tech Inc | $7.25B | Industrials | Engineering & Construction | -0.71 |
| SWKH | Swk Holdings Corp | $192M | Financial Services | Asset Management | -0.70 |
| SXTP | 60 Degrees Pharmaceuticals Inc | $3.72M | Healthcare | Biotechnology | -0.69 |
| OMAB | Grupo Aeroportuario del Centro Norte S.A.B de C.V. | $4.93B | Industrials | Airports & Air Services | -0.69 |
| IBN | ICICI Bank Ltd | $95B | Financial Services | Banks - Regional | -0.69 |
| NGG | National Grid Plc | $85B | Utilities | Utilities - Regulated Electric | -0.68 |
| LPBB | Launch Two Acquisition Corp | $246M | Financial Services | Shell Companies | -0.68 |
| SIG | Signet Jewelers Ltd | $3.36B | Consumer Cyclical | Luxury Goods | -0.67 |
| GPAT | GP-Act III Acquisition Corp - Class A | $311M | Financial Services | Shell Companies | -0.67 |
| KEP | Korea Electric Power | $17B | Utilities | Utilities - Regulated Electric | -0.66 |
| WOR | Worthington Enterprises Inc | $2.75B | Industrials | Metal Fabrication | -0.66 |
| CLBR | Colombier Acquisition Corp II - Class A | $366M | Financials | Investment Holding Companies | -0.64 |
| ALDF | Aldel Financial II Inc | $245M | Financial Services | Shell Companies | -0.64 |
| JRVR | James River Group Holdings Ltd | $184M | Financial Services | Insurance - Specialty | -0.64 |
| ROL | Rollins Inc | $24B | Consumer Cyclical | Personal Services | -0.64 |
| DFDV | DeFi Development Corp | $127M | Financial Services | Asset Management | -0.64 |
| AKO-A | Embotelladora Andina S.A. | $3.49B | Consumer Defensive | Beverages - Non-alcoholic | -0.64 |
| AQN | Algonquin Power & Utilities Corp | $4.56B | Utilities | Utilities - Diversified | -0.64 |
| KB | KB Financial Group Inc | $37B | Financial Services | Banks - Regional | -0.64 |
| ALF | Centurion Acquisition Corp - Class A | $313M | Financial Services | Shell Companies | -0.64 |
| WRB | W.R. Berkley Corp | $24B | Financial Services | Insurance - Property & Casualty | -0.64 |
| HRTG | Heritage Insurance Holdings Inc | $671M | Financial Services | Insurance - Property & Casualty | -0.63 |
| TIMB | TIM SA | $11B | Communication Services | Telecom Services | -0.63 |
| ADUS | Addus HomeCare Corporation | $1.75B | Healthcare | Medical Care Facilities | -0.63 |
| LIMN | Liminatus Pharma Inc | $8.08M | Healthcare | Biotechnology | -0.63 |
| TRUP | Trupanion Inc | $946M | Financial Services | Insurance - Property & Casualty | -0.63 |
| NRG | NRG Energy Inc | $29B | Utilities | Utilities - Independent Power Producers | -0.63 |
| CTAS | Cintas Corporation | $68B | Industrials | Specialty Business Services | -0.63 |
| GTEC | Greenland Technologies Holding Corp | $14M | Consumer Cyclical | Auto Parts | -0.63 |
| KIDZ | Classover Holdings Inc | $2.67M | Consumer Defensive | Education & Training Services | -0.62 |
| MVST | Microvast Holdings Inc | $483M | Consumer Cyclical | Auto Parts | -0.62 |
| YSXT | Ysx Tech Co.Ltd - Class A | $24M | Industrials | Specialty Business Services | -0.62 |
| ISRLU | Israel Acquisitions Corp - Units (1 Ord Share Class A & 1 War) | $24M | Financial Services | Shell Companies | -0.61 |
| CTGO | Contango Ore Inc | $605M | Basic Materials | Gold | -0.61 |
| CUB | Lionheart Holdings - Class A | $249M | Financial Services | Shell Companies | -0.61 |
| KFII | K&F Growth Acquisition Corp II | $312M | Financial Services | Shell Companies | -0.61 |
| GELS | Gelteq Ltd | $4.41M | Healthcare | Drug Manufacturers - Specialty & Generic | -0.61 |
| KFS | Kingsway Financial Services, Inc. | $299M | Consumer Cyclical | Auto & Truck Dealerships | -0.61 |
| APH | Amphenol Corp - Class A | $172B | Technology | Electronic Components | -0.60 |
| ELPC | Cia Paranaense De Energia Copel ADR (Representing ) | $8.52B | Utilities | Utilities - Regulated Electric | -0.60 |
| BSBR | Banco Santander (Brasil) S.A. | $41B | Financial Services | Banks - Regional | -0.60 |