50 Stocks and 50 ETFs for diversifying Nuvalent (NUVL)
The least correlated asset to Nuvalent (NUVL) is ETF XCOM (Ultra Communication Services Select Sector ETF). The correlation is -1.
Stocks that lowly correlated with NUVL
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| SMXT | SolarMax Technology Inc | $20M | Technology | Solar | -0.67 |
| IBAC | IB Acquisition Corp | $46M | Financial Services | Shell Companies | -0.67 |
| ACFN | N/A | $45M | Technology | Scientific & Technical Instruments | -0.66 |
| CURX | Curanex Pharmaceuticals Inc | $6.11M | Healthcare | Biotechnology | -0.63 |
| VNTG | Vantage Corp - Class A | $19M | Industrials | Marine Shipping | -0.61 |
| MCGA | Yorkville Acquisition Corp - Class A | $176M | Financial Services | Shell Companies | -0.56 |
| PCLN | Priceline.com Inc | $906M | N/A | N/A | -0.53 |
| TDIC | Dreamland Ltd | $17M | Communication Services | Advertising Agencies | -0.50 |
| FMFC | Kandal M Venture Ltd - Class A | $4.71M | Consumer Cyclical | Footwear & Accessories | -0.50 |
| EPWK | EPWK Holdings Ltd - Class A | $9.78K | Technology | Software - Application | -0.49 |
| ZYBT | Zhengye Biotechnology Holding Ltd | $35M | Healthcare | Drug Manufacturers - Specialty & Generic | -0.48 |
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $18M | Financial Services | Shell Companies | -0.48 |
| XRPN | Armada Acquisition Corp II - Class A | $330M | Financial Services | Shell Companies | -0.46 |
| UAN | CVR Partners LP | $1.23B | Basic Materials | Agricultural Inputs | -0.45 |
| EPD | Enterprise Products Partners L P | $82B | Energy | Oil & Gas Midstream | -0.45 |
| HRYU | Global Interactive Technologies Inc | $760K | Communication Services | Internet Content & Information | -0.44 |
| STRC | Microstrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock | $29B | Technology | Software - Application | -0.44 |
| REI | Ring Energy Inc | $255M | Energy | Oil & Gas E&p | -0.43 |
| NAMI | Jinxin Technology Holding Company | $7.41M | Communication Services | Internet Content & Information | -0.43 |
| DKI | Darkiris Inc - Class A | $6.20M | Communication Services | Electronic Gaming & Multimedia | -0.43 |
| SU | Suncor Energy Inc | $72B | Energy | Oil & Gas Integrated | -0.42 |
| MNR | Mach Natural Resources LP | $2.20B | Energy | Oil & Gas E&p | -0.42 |
| KG | KING PHARMACEUTICALS INC | $77M | Financial Services | Insurance - Reinsurance | -0.42 |
| MCTR | CTRL Group Ltd | $15M | Communication Services | Advertising Agencies | -0.42 |
| FLY | Firefly Aerospace Inc | $3.35B | Industrials | Aerospace & Defense | -0.41 |
| EMA | Emera Incorporated | $16B | Utilities | Utilities - Regulated Electric | -0.41 |
| NTR | Nutrien Ltd | $33B | Basic Materials | Agricultural Inputs | -0.41 |
| DVN | Devon Energy Corp | $53B | Energy | Oil & Gas E&p | -0.41 |
| OBE | Obsidian Energy Ltd | $610M | Energy | Oil & Gas E&p | -0.41 |
| BLSH | Bullish | $3.80B | Technology | Software - Infrastructure | -0.41 |
| MTR | Mesa Royalty Trust | $5.87M | Energy | Oil & Gas E&p | -0.41 |
| UFG | Uni Fuels Holdings Ltd - Class A | $24M | Industrials | Marine Shipping | -0.40 |
| BDMD | Baird Medical Investment Holdings Ltd . | $34M | Healthcare | Medical Devices | -0.40 |
| NFG | National Fuel Gas Company | $7.60B | Energy | Oil & Gas Integrated | -0.40 |
| GTE | Gran Tierra Energy Inc | $231M | Energy | Oil & Gas E&p | -0.40 |
| NC | Nacco Industries Inc - Class A | $363M | Energy | Thermal Coal | -0.39 |
| CHARU | Charlton Aria Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $20M | Financial Services | Shell Companies | -0.39 |
| EOG | EOG Resources Inc | $73B | Energy | Oil & Gas E&p | -0.39 |
| NRP | Natural Resource Partners LP | $1.30B | Energy | Thermal Coal | -0.39 |
| DXYZ | Destiny Tech100 Inc | $629M | Financial Services | Asset Management | -0.39 |
| MCGAU | Yorkville Acquisition Corp - Units (1 Ord Cls A & 1/3 War) | $52M | Financial Services | Shell Companies | -0.38 |
| MENS | Jyong Biotech Ltd | $174M | Healthcare | Biotechnology | -0.38 |
| STAI | ScanTech AI Systems Inc. Common stock | $325K | Industrials | Building Products & Equipment | -0.38 |
| NOEMR | CO2 Energy Transition Corp | $416K | N/A | N/A | -0.38 |
| WGRX | Wellgistics Health Inc | $6.79M | Healthcare | Pharmaceutical Retailers | -0.38 |
| GRNA | GreenLight Biosciences Inc | $45M | N/A | N/A | -0.38 |
| JBS | JBS N.V. - Class A | $13B | Consumer Defensive | Packaged Foods | -0.38 |
| DMLP | Dorchester Minerals LP | $1.31B | Energy | Oil & Gas E&p | -0.38 |
| PVL | Permianville Royalty Trust | $57M | Energy | Oil & Gas E&p | -0.38 |
| HPK | HighPeak Energy Inc | $921M | Energy | Oil & Gas E&p | -0.38 |