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71 Stocks and 29 ETFs for diversifying Purple Innovation (PRPL)

The least correlated asset to Purple Innovation (PRPL) is company Digital Asset Acquisition (DAAQ). The correlation is -0.8289.

Stocks that lowly correlated with PRPL

SymbolName
Market cap
SectorIndustry
Correlation
DAAQDigital Asset Acquisition Corp - Class A$180MFinancial ServicesShell Companies-0.83
TLIHTen League International Holdings Ltd$17MIndustrialsIndustrial Distribution-0.75
WENNWen Acquisition Corp - Class A$310MFinancial ServicesShell Companies-0.74
SLDESlide Insurance Holdings Inc$2.32BFinancial ServicesInsurance - Property & Casualty-0.66
PGACPantages Capital Acquisition Corp Cl A Ord Shs$118MFinancial ServicesShell Companies-0.64
PCAPPatriot Capital Funding Inc$324MFinancial ServicesShell Companies-0.64
RTACRenatus Tactical Acquisition Corp I - Class A$326MFinancial ServicesShell Companies-0.63
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.62
GTENGores Holdings X Inc - Class A$471MFinancial ServicesShell Companies-0.62
CAEPCantor Equity Partners III Inc - Class A$420MFinancial ServicesShell Companies-0.60
OBAOxley Bridge Acquisition Ltd - Class A$260MFinancial ServicesShell Companies-0.58
DFSCDEFSEC Technologies Inc Com$3.99MIndustrialsAerospace & Defense-0.58
NCTIntercont (Cayman) Ltd$3.63MIndustrialsMarine Shipping-0.57
EVACEDWARDS GROUP LTD Foreign$597MFinancial ServicesShell Companies-0.57
GTERAGloba Terra Acquisition Corporation Class A$246MFinancial ServicesShell Companies-0.56
RALRALSTON PURINA CO$7.56BTechnologyElectronic Components-0.56
KCHVKochav Defense Acquisition Corp - Class A$263MFinancial ServicesShell Companies-0.55
BMGLBasel Medical Group Ltd$9.61MHealthcareMedical Care Facilities-0.54
RDAGRepublic Digital Acquisition Co. - Class A$311MFinancial ServicesShell Companies-0.52
FIGXFIGX Capital Acquisition Corp - Class A$159MFinancial ServicesShell Companies-0.52
EGHAEGH Acquisition Corp - Class A$212MFinancial ServicesShell Companies-0.52
KYIVKyivstar Group Ltd$3.48BCommunication ServicesTelecom Services-0.51
PEWGrabAGun Digital Holdings Inc$75MIndustrialsAerospace & Defense-0.51
JENAJena Acquisition Corporation II Class A$242MFinancial ServicesShell Companies-0.51
VNMEVendome Acquisition Corporation I$254MFinancial ServicesShell Companies-0.50
BACCBlue Acquisition Corp - Class A$214MFinancial ServicesShell Companies-0.50
HCHLHappy City Holdings Ltd - Class A$59MConsumer CyclicalRestaurants-0.50
RYOJrYojbaba Co. Ltd$51MIndustrialsConsulting Services-0.49
FIGFigma Inc - Class A$12BTechnologySoftware - Application-0.49
TVAIRThayer Ventures Acquisition Corporation II Rights$166KN/AN/A-0.49
RTACURenatus Tactical Acquisition Corp I - Units (1 Ord Cls A & 1/2 War)$77MFinancial ServicesShell Companies-0.48
MKLYUMcKinley Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$59MFinancial ServicesShell Companies-0.48
AMBQAmbiq Micro Inc$1.76BTechnologySemiconductors-0.48
GTENUGores Holdings X Inc - Units (1 Ord Class A & 1/4 War)$96MFinancial ServicesShell Companies-0.47
NPACNew Providence Acquisition Corp III - Class A$398MFinancial ServicesShell Companies-0.47
UYSCUY Scuti Acquisition Corp$74MFinancial ServicesShell Companies-0.47
LWACLightWave Acquisition Corp - Class A$221MFinancial ServicesShell Companies-0.46
SKKSKK Holdings Ltd$8.79MIndustrialsEngineering & Construction-0.46
APADREnhanced Group Inc$6.67MN/AN/A-0.45
OXSQHOxford Square Capital Corp$2.35BN/AN/A-0.45
LCCCLakeshore Acquisition III Corp$72MFinancial ServicesShell Companies-0.45
TACOWBerto Acquisition Corp - Warrants (01/05/2030)$1.62MN/AN/A-0.45
INACIndigo Acquisition Corp$118MFinancial ServicesShell Companies-0.45
TJGCTJGC Group Ltd$69MCommunication ServicesAdvertising Agencies-0.45
IPCXInflection Point Acquisition Corp III - Class A$263MFinancial ServicesShell Companies-0.45
SEGGLottery.com Inc$4.48MConsumer CyclicalGambling-0.45
PXDTPixie Dust Technologies Inc$8.62MTechnologyConsumer Electronics-0.45
ETOREtoro Group Ltd - Class A$3.63BFinancial ServicesCapital Markets-0.44
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.44
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.43
MBVIUM3 Brigade Acquisition VI Corp - Units (1 Ord Cls A & 1/3 War)$77MFinancial ServicesShell Companies-0.43
CRECre8 Enterprise Ltd Class A$6.60MIndustrialsSpecialty Business Services-0.43
WLACUWillow Lane Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$33MFinancial ServicesShell Companies-0.43
CEPTCantor Equity Partners II Inc - Class A$284MFinancial ServicesShell Companies-0.42
NHICWNewHold Investment Corp III - Warrants (01/01/9999)$171MN/AN/A-0.42
BCARUD. Boral ARC Acquisition I Corp Units$157MFinancial ServicesShell Companies-0.42
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.42
PLMKPlum Acquisition Corp IV - Class A$197MFinancial ServicesShell Companies-0.42
VNMEWVendome Acquisition Corporation I Warrant$2.70MN/AN/A-0.41
CNFRZConifer Holdings Inc$226MN/AN/A-0.41
SZZLSizzle Acquisition Corp II - Class A$245MFinancial ServicesShell Companies-0.41
CHAChagee Holdings Ltd$1.84BConsumer CyclicalRestaurants-0.41
RAAQUReal Asset Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$65MFinancial ServicesShell Companies-0.41
ADVBAdvanced Biomed Inc$7.21MHealthcareDiagnostics & Research-0.41
LAWRRobot Consulting Co. Ltd$158MIndustrialsConsulting Services-0.41
BYAHPark Ha Biological Technology Co Ltd$917KConsumer DefensiveHousehold & Personal Products-0.41
WLACWillow Lane Acquisition Corp$359MFinancial ServicesShell Companies-0.40
RIBBRRibbon Acquisition Corp Rights$277KN/AN/A-0.40
BOWBowhead Specialty Holdings Inc$982MFinancial ServicesInsurance - Property & Casualty-0.40
MPTIM-tron Industries Inc$340MTechnologyElectronic Components-0.40
TVAIUThayer Ventures Acquisition Corp II - Units (1 Ord Cls A & 1 Rts)$9.15MFinancial ServicesShell Companies-0.40

ETFs that lowly correlated with PRPL

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
AMDWROUNDHILL AMD WEEKLYPAY ETF $122MN/AJul 23, 2025-0.61
ELILDirexion Daily LLY Bull 2X Shares$23MN/AMar 25, 2025-0.58
QBProShares Nasdaq100 Dynamic Buffer ETF$2.80M0.58%Jun 24, 2025-0.56
CSCLDirexion Daily CSCO Bull 2X ETF$16MN/AJun 24, 2025-0.53
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.48
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.46
JHLNJOHN HANCOCK GLOBAL SENIOR LOAN ETF $633M0.59%Aug 19, 2025-0.45
DVXKWEBs Defined Volatility XLK ETF$8M0.89%Jul 22, 2025-0.45
CPXRUSCF DAILY TARGET 2X COPPER INDEX ETF $13MN/AJan 21, 2025-0.45
TRUTVANECK TECHNOLOGY TRUSECTOR ETF $163M0.14%Aug 20, 2025-0.44
ETHDProShares UltraShort Ether ETF$86MN/AJun 6, 2024-0.44
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.44
ESUMEventide US Market ETF$178M0.39%Dec 17, 2024-0.44
LLYXDEFIANCE DAILY TARGET 2X LONG LLY ETF $74MN/AAug 8, 2024-0.44
PMAUPGIM S&P 500 MAX BUFFER ETF - AUGUST $3.50M0.50%Jul 31, 2025-0.44
SETHProShares Short Ether ETF$23M0.95%Nov 1, 2023-0.44
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.43
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.43
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.43
JHDGJOHN HANCOCK HEDGED EQUITY ETF $90M0.49%Apr 7, 2026-0.43
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.43
PLTDT-REX 2X INVERSE PLTR DAILY TARGET ETF $47M0.98%Dec 10, 2024-0.43
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.43
GXPTGLOBAL X PURECAP MSCI INFORMATION TECHNOLOGY ETF $121M0.15%Jul 22, 2025-0.42
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.42
FBPROSHARES S&P 500 DYNAMIC DAILY BUFFER ETF $1.30M0.58%Jun 24, 2025-0.41
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.41
DVREWEBs Defined Volatility XLRE ETF$244K0.89%Jul 22, 2025-0.41
RWRAINWATER EQUITY ETF $18M1.27%Jun 17, 2025-0.40