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62 Stocks and 38 ETFs for diversifying Obsidian Energy (OBE)

The least correlated asset to Obsidian Energy (OBE) is ETF XLVI (STATE STREET(R) HEALTH CARE SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)HEALTH CARE SELECT SECTOR SPDR(R) PREMIUM INCOME ETF). The correlation is -0.7298.

Stocks that lowly correlated with OBE

SymbolName
Market cap
SectorIndustry
Correlation
GRANGrande Group Ltd - Class A$35MFinancial ServicesCapital Markets-0.64
ZSPCZspace Inc$2.96MTechnologyComputer Hardware-0.63
IBGInnovation Beverage Group Ltd$1.60MConsumer DefensiveBeverages - Wineries & Distilleries-0.61
FIGXUFIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$35MFinancial ServicesShell Companies-0.61
TWFGTWFG Inc - Class A$380MFinancial ServicesInsurance Brokers-0.60
SIShoulder Innovations Inc$452MN/AN/A-0.60
BGMQilian International Holding Group Ltd - Class A$7.45MHealthcareDrug Manufacturers - Specialty & Generic-0.59
LCCCRLakeshore Acquisition III Corp$349KN/AN/A-0.58
TTANServiceTitan Inc - Class A$7.44BTechnologySoftware - Application-0.58
EURKUEureka Acquisition Corp - Units (1 Ord Class A & 1 Rts)$53MFinancial ServicesShell Companies-0.57
LGPSLogProstyle Inc$26MIndustrialsConglomerates-0.57
BEAGRBold Eagle Acquisition Corp Right$1.50MN/AN/A-0.57
NSRXNasus Pharma Ltd$28MHealthcareDrug Manufacturers - General-0.56
PLBLPolibeli Group Ltd$2.84BConsumer CyclicalDepartment Stores-0.55
OHPAOrion Acquisition Corp - Class A$417MN/AN/A-0.55
LWACWLightWave Acquisition Corp - Warrants (06/06/2030)$178MN/AN/A-0.54
ARTEArtemis Strategic Investment Corp - Class A$263MN/AN/A-0.54
DXSTDecent Holding Inc$1.65MIndustrialsWaste Management-0.54
BMHLBluemount Holdings Ltd$146MFinancial ServicesCapital Markets-0.54
LOARLoar Holdings Inc$6.61BIndustrialsAerospace & Defense-0.54
ORIQUOrigin Investment Corp I - Units (1 Ord Cls & 1/2 War)$22MFinancial ServicesShell Companies-0.54
JUGGJaws Juggernaut Acquisition Corp - Class A$285MN/AN/A-0.52
PGACPantages Capital Acquisition Corp Cl A Ord Shs$118MFinancial ServicesShell Companies-0.52
FVNNRFuture Vision II Acquisition Corporation Right$341KN/AN/A-0.51
SDHIRSiddhi Acquisition Corp$1.13MN/AN/A-0.51
GIBOGIBO Holdings Ltd$106MCommunication ServicesInternet Content & Information-0.50
WTGWintergreen Acquisition Corp$58MFinancial ServicesShell Companies-0.49
WAYWaystar Holding Corp$4.35BHealthcareHealth Information Services-0.48
AZIAutozi Internet Technology (Global) Ltd - Class A$9.05MConsumer CyclicalAuto & Truck Dealerships-0.47
ONCHU1RT Acquisition Corp - Units (1 Ord Cls A & 1 War)$39MFinancial ServicesShell Companies-0.47
BACCBlue Acquisition Corp - Class A$214MFinancial ServicesShell Companies-0.47
TOPTOP Financial Group Ltd - Class A$75MFinancial ServicesCapital Markets-0.47
TBMCTrailblazer Merger Corp I - Class A$29MFinancial ServicesShell Companies-0.46
HYACHaymaker Acquisition Corp. 4$330MFinancial ServicesShell Companies-0.46
CRAQCal Redwood Acquisition Corp$320MFinancial ServicesShell Companies-0.46
CARLCarlsmed Inc$301MHealthcareHealth Information Services-0.46
LHAILinkhome Holdings Inc$19MReal EstateReal Estate Services-0.44
CCIICohen Circle Acquisition Corp II - Class A$269MFinancial ServicesShell Companies-0.44
CCIXWChurchill Capital Corp IX - Warrants (04/12/2029)$17MN/AN/A-0.44
ELOGEastern International Ltd$9.59MIndustrialsIntegrated Freight & Logistics-0.44
FTAAFTAC Athena Acquisition Corp - Class A$261MN/AN/A-0.43
TACHTitan Acquisition Corp - Class A$288MFinancial ServicesShell Companies-0.42
ARTEUArtemis Strategic Investment Corp - Units (1 Ord Share Class A & 1/2 War)$263MN/AN/A-0.42
LBGJLi Bang International Corp Inc$189KIndustrialsSpecialty Industrial Machinery-0.41
NOEMRCO2 Energy Transition Corp$416KN/AN/A-0.41
BBOTBridgeBio Oncology Therapeutics Inc Com$674MHealthcareBiotechnology-0.41
CNCKCoincheck Group N.V.$394MFinancial ServicesCapital Markets-0.41
NUVLNuvalent Inc - Class A$9.75BHealthcareBiotechnology-0.41
PTLEPTL Ltd$70MConsumer CyclicalSpecialty Retail-0.40
CUPRCuprina Holdings (Cayman) Ltd - Class A$11MHealthcareMedical Instruments & Supplies-0.40
EOCWElliott Opportunity II Corp - Class A$789MN/AN/A-0.40
WTGURWintergreen Acquisition Corp$237KN/AN/A-0.40
SZZLRSizzle Acquisition Corp II$1.47MN/AN/A-0.40
TWCBBilander Acquisition Corp - Class A$230MN/AN/A-0.40
BEAGBold Eagle Acquisition Corp$276MFinancial ServicesShell Companies-0.39
SWETAthlon Acquisition Corp - Class A$278MN/AN/A-0.38
SPTKSportsTek Acquisition Corp - Class A$219MN/AN/A-0.38
OHPAUOrion Acquisition Corp - Units (1 Ord Share Class A & 1/4 War)$417MN/AN/A-0.38
MNTNMNTN Inc - Class A$751MTechnologySoftware - Application-0.37
DGNXDiginex Ltd$28MIndustrialsConsulting Services-0.37
KVUEKenvue Inc$36BConsumer DefensiveHousehold & Personal Products-0.37
SKWDSkyward Specialty Insurance Group Inc$2.53BFinancial ServicesInsurance - Property & Casualty-0.37

ETFs that lowly correlated with OBE

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
XLVISTATE STREET(R) HEALTH CARE SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)HEALTH CARE SELECT SECTOR SPDR(R) PREMIUM INCOME ETF$16M0.35%Jul 29, 2025-0.73
DVXVWEBs Defined Volatility XLV ETF$480K0.89%Jul 22, 2025-0.72
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$895MN/ANov 24, 2008-0.66
OILDBank of Montreal$53MN/ANov 8, 2021-0.66
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.65
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.61
RTXGLeverage Shares 2X Long RTX Daily ETF$4.50MN/AJun 5, 2025-0.59
SHPUDIREXION DAILY SHOP BULL 2X ETF $15MN/AAug 5, 2025-0.56
HOOWROUNDHILL HOOD WEEKLYPAY ETF $146MN/AJun 17, 2025-0.52
RBLYYIELDMAX(R) RBLX OPTION INCOME STRATEGY ETF $2.40M0.99%Jul 28, 2025-0.51
SNOUT-REX 2X LONG SNOW DAILY TARGET ETF $25MN/AApr 23, 2025-0.50
AALGLEVERAGE SHARES 2X LONG AAL DAILY ETF $5.30MN/AJul 10, 2025-0.48
NOWLGRANITESHARES 2X LONG NOW DAILY ETF $286MN/AJul 14, 2025-0.47
WNTRYieldMax Short MSTR Option Income Strategy ETF$81M1.00%Mar 26, 2025-0.43
FMEDFIDELITY DISRUPTIVE MEDICINE ETF $46M0.50%Apr 16, 2020-0.42
RVNLGRANITESHARES 2X LONG RIVN DAILY ETF $15MN/AApr 21, 2025-0.42
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.42
BRKUDIREXION DAILY BRKB BULL 2X SHARES $45MN/ADec 10, 2024-0.41
DVXFWEBs Defined Volatility XLF ETF$251K0.89%Jul 22, 2025-0.41
XLFISTATE STREET(R) FINANCIAL SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $5.80M0.35%Jul 29, 2025-0.41
SGOVISHARES 0-3 MONTH TREASURY BOND ETF $96B0.09%May 26, 2020-0.40
BRKWROUNDHILL BRKB WEEKLYPAY ETF $16MN/AJun 17, 2025-0.40
GBILGOLDMAN SACHS ACCESS TREASURY 0-1 YEAR ETF $7.70B0.12%Sep 6, 2016-0.40
TFLOISHARES TREASURY FLOATING RATE BOND ETF $6.60B0.15%Feb 4, 2014-0.40
SHVISHARES 0-1 YEAR TREASURY BOND ETF $21B0.15%Jan 5, 2007-0.40
OPERCLEARSHARES ULTRA-SHORT MATURITY ETF $118M0.20%Jul 10, 2018-0.39
BILSTATE STREET(R) SPDR(R) BLOOMBERG 1-3 MONTH T-BILL ETF $47B0.14%May 25, 2007-0.39
TBLLINVESCO SHORT TERM TREASURY ETF $2.60B0.08%Jan 12, 2017-0.39
USFRWISDOMTREE FLOATING RATE TREASURY FUND $18B0.15%Feb 4, 2014-0.38
IBTLISHARES IBONDS DEC 2031 TERM TREASURY ETF $576M0.07%Jul 13, 2021-0.38
INDEMATTHEWS INDIA ACTIVE ETF $14M0.79%Sep 21, 2023-0.38
BILSSTATE STREET(R) SPDR(R) BLOOMBERG 3-12 MONTH T-BILL ETF $3.90B0.14%Sep 24, 2020-0.38
XSVNBONDBLOXX BLOOMBERG SEVEN YEAR TARGET DURATION US TREASURY ETF $367M0.05%Sep 13, 2022-0.37
XTENBONDBLOXX BLOOMBERG TEN YEAR TARGET DURATION US TREASURY ETF $1.10B0.08%Sep 13, 2022-0.37
WTIDBank of Montreal$18MN/AFeb 16, 2023-0.37
XFIVBONDBLOXX BLOOMBERG FIVE YEAR TARGET DURATION US TREASURY ETF $427M0.05%Sep 13, 2022-0.37
SNOYYIELDMAX(R) SNOW OPTION INCOME STRATEGY ETF $45M1.00%Jun 10, 2024-0.37
PVIINVESCO FLOATING RATE MUNICIPAL INCOME ETF $34M0.25%Nov 15, 2007-0.37