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52 Stocks and 48 ETFs for diversifying Nexstar Media Group (NXST)

The least correlated asset to Nexstar Media Group (NXST) is company Crescent Biopharma (CBIO). The correlation is -0.8268.

Stocks that lowly correlated with NXST

SymbolName
Market cap
SectorIndustry
Correlation
CBIOCrescent Biopharma Inc$573MHealthcareBiotechnology-0.83
SDHISiddhi Acquisition Corp - Class A$287MFinancial ServicesShell Companies-0.69
PFAIPinnacle Food Group Ltd - Class A$46MConsumer DefensiveFarm Products-0.68
UYSCUY Scuti Acquisition Corp$73MFinancial ServicesShell Companies-0.64
UYSCUUY Scuti Acquisition Corp - Units (1 Ord Shs & 1 Rts)$89MFinancial ServicesShell Companies-0.60
CHPGRChampionsGate Acquisition Corp$257KN/AN/A-0.59
TLXTelix Pharmaceuticals Ltd$3.30BHealthcareBiotechnology-0.57
JMACUMaxpro Capital Acquisition Corp - Units (1 Ord Share Class A & 1 War)$150MN/AN/A-0.56
ETOREtoro Group Ltd - Class A$3.64BFinancial ServicesCapital Markets-0.55
QSEAUQuartzsea Acquisition Corp - Units (1 Ord Shs & 1 Rts)$34MFinancial ServicesShell Companies-0.54
HCHLHappy City Holdings Ltd - Class A$59MConsumer CyclicalRestaurants-0.53
DAAQDigital Asset Acquisition Corp - Class A$178MFinancial ServicesShell Companies-0.53
IPCXInflection Point Acquisition Corp III - Class A$261MFinancial ServicesShell Companies-0.53
DAICCID HoldCo Inc$5.39MTechnologyInformation Technology Services-0.53
APUSApimeds Pharmaceuticals US Inc$1.82MHealthcareDrug Manufacturers - Specialty & Generic-0.52
GAUZGauzy Ltd$12MTechnologyElectronic Components-0.51
SKYQSky Quarry Inc$9.03MEnergyOil & Gas Integrated-0.51
SLVRUSilverSPAC Inc - Units (1 Ord Share Class A & 1/4 War)$328MN/AN/A-0.51
IBTAIbotta Inc - Class A$819MTechnologySoftware - Application-0.51
HMCOHumanCo Acquisition Corp - Class A$387MN/AN/A-0.50
TSIBUTishman Speyer Innovation Corp II - Units (1 Ord Share Class A & 1/5 War)$301MN/AN/A-0.49
RDACRising Dragon Acquisition Corp$39MFinancial ServicesShell Companies-0.49
CHAChagee Holdings Ltd$1.65BConsumer CyclicalRestaurants-0.48
SORATop Win International Ltd$65MConsumer CyclicalLuxury Goods-0.48
STRZStarz Entertainment Corp$380MCommunication ServicesEntertainment-0.48
DEFTDefi Technologies Inc$193MFinancial ServicesCapital Markets-0.48
HPLTUHome Plate Acquisition Corp - Units (1 Ord Class A & 1/2 War)$79MN/AN/A-0.47
NTBLNotable Labs Inc Ord$2.39MHealthcareBiotechnology-0.46
OFALOFA Group$10MIndustrialsEngineering & Construction-0.46
SLDESlide Insurance Holdings Inc$2.20BFinancial ServicesInsurance - Property & Casualty-0.46
HXHXHaoxin Holdings Ltd - Class A$6.49MIndustrialsIntegrated Freight & Logistics-0.45
RMSGReal Messenger Corporation$7.06MTechnologySoftware - Application-0.45
NVSAUNew Vista Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$350MN/AN/A-0.45
IOTRiOThree Ltd$5.23MCommunication ServicesTelecom Services-0.44
NAACUNorth Atlantic Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$482MN/AN/A-0.44
EDHLEverbright Digital Holding Ltd$4.80MCommunication ServicesAdvertising Agencies-0.44
CCVChurchill Capital Corp V - Class A$284MN/AN/A-0.43
CMPOVCompoSecure Inc$3.51BN/AN/A-0.43
MRXMarex Group Plc$3.85BFinancial ServicesCapital Markets-0.42
BMGLBasel Medical Group Ltd$11MHealthcareMedical Care Facilities-0.42
NPACNew Providence Acquisition Corp III - Class A$397MFinancial ServicesShell Companies-0.42
TWNPTwin Hospitality Group Inc. Class A Common Stock$4.08MConsumer CyclicalRestaurants-0.42
IPEXRInflection Point Acquisition Corp V$1.42MN/AN/A-0.42
SDACUSustainable Development Acquisition I Corp - Units (1 Ord Class A & 1/2 War)$210MN/AN/A-0.42
CHACUCrane Harbor Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$72MFinancial ServicesShell Companies-0.42
LCCCLakeshore Acquisition III Corp$72MFinancial ServicesShell Companies-0.42
NSA-P-BNational Storage Affiliates Trust$2.18BN/AN/A-0.41
LHSWLianhe Sowell International Group Ltd$9.40MTechnologySoftware - Infrastructure-0.41
MONCUMonument Circle Acquisition Corp - Units (1 Ord Class A & 1/2 War)$251MN/AN/A-0.40
DLCAUDeep Lake Capital Acquisition Corp - Units (1 Ord Class A & 1/2 War)$262MN/AN/A-0.40
CSAICloudastructure Inc - Class A$8.98MTechnologySoftware - Infrastructure-0.39
SAFXXCF Global Inc$126MUtilitiesUtilities - Renewable-0.39

ETFs that lowly correlated with NXST

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.65
AMZWROUNDHILL AMZN WEEKLYPAY ETF $41MN/AJun 17, 2025-0.65
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.63
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.59
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.58
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.58
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.58
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.56
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.55
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.55
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.55
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.55
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.55
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.55
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.54
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.53
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.52
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.52
QBProShares Nasdaq100 Dynamic Buffer ETF$1.40M0.58%Jun 24, 2025-0.52
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.52
FBProShares S&P 500 Dynamic Buffer ETF$1.70M0.58%Jun 24, 2025-0.51
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.50
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.49
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.48
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.48
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.48
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.48
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.47
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.47
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.47
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.47
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $40MN/ANov 6, 2008-0.47
OILDBank of Montreal$19MN/ANov 8, 2021-0.46
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.46
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.46
GGOViShares Global Government Bond USD Hedged Active$44M0.39%Jun 25, 2025-0.46
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.46
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.46
TYLDCAMBRIA TACTICAL YIELD ETF $33M0.59%Jan 3, 2024-0.46
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.45
MVLLGRANITESHARES 2X LONG MRVL DAILY ETF $274MN/AMar 6, 2025-0.45
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.44
QQHGInvesco QQQ Hedged Advantage ETF$13M0.45%May 5, 2025-0.43
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$1.10BN/ANov 24, 2008-0.43
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.43
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.41
WTIDBank of Montreal$6.60MN/AFeb 16, 2023-0.41
INTWGRANITESHARES 2X LONG INTC DAILY ETF $431MN/AFeb 12, 2025-0.39