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54 Stocks and 46 ETFs for diversifying QuidelOrtho (QDEL)

The least correlated asset to QuidelOrtho (QDEL) is company Enhanced Group (APADR). The correlation is -0.7633.

Stocks that lowly correlated with QDEL

SymbolName
Market cap
SectorIndustry
Correlation
APADREnhanced Group Inc$6.67MN/AN/A-0.76
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$18MFinancial ServicesShell Companies-0.69
TMUSLTMobile US Inc 6.250 Senior Notes due 2069$27BN/AN/A-0.65
APUSApimeds Pharmaceuticals US Inc$8.51MHealthcareDrug Manufacturers - Specialty & Generic-0.60
QETAUQuetta Acquisition Corp - Units (1 1 Rights)$23MFinancial ServicesShell Companies-0.57
USOIUBS AG London Branch$205BN/AN/A-0.56
CTWCTW Cayman - Class A$147MCommunication ServicesElectronic Gaming & Multimedia-0.56
UYSCUY Scuti Acquisition Corp$74MFinancial ServicesShell Companies-0.55
BIAFBioAffinity Technologies Inc$3.25MHealthcareDiagnostics & Research-0.51
TVAIUThayer Ventures Acquisition Corp II - Units (1 Ord Cls A & 1 Rts)$9.15MFinancial ServicesShell Companies-0.49
UYSCUUY Scuti Acquisition Corp - Units (1 Ord Shs & 1 Rts)$56MFinancial ServicesShell Companies-0.48
EQVEQV Ventures Acquisition Corp.$466MFinancial ServicesShell Companies-0.47
CBION/A$432MHealthcareBiotechnology-0.47
FIGXFIGX Capital Acquisition Corp - Class A$159MFinancial ServicesShell Companies-0.46
FACTUFACT II Acquisition Corp - Units (1 Ord Class A & 1/2 War)$56MFinancial ServicesShell Companies-0.46
NMPAUNMP Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$35MFinancial ServicesShell Companies-0.46
QSEAUQuartzsea Acquisition Corp - Units (1 Ord Shs & 1 Rts)$34MFinancial ServicesShell Companies-0.45
JLHLJulong Holding Ltd - Class A$219MIndustrialsBuilding Products & Equipment-0.45
BMGLBasel Medical Group Ltd$9.61MHealthcareMedical Care Facilities-0.44
MLACMountain Lake Acquisition Corp - Class A$43MN/AN/A-0.44
NSA-P-BNational Storage Affiliates Trust$1.87BN/AN/A-0.43
GDSTGoldenstone Acquisition Ltd$23MFinancial ServicesShell Companies-0.43
DTSQDT Cloud Star Acquisition Corp$70MFinancial ServicesShell Companies-0.43
LWACLightWave Acquisition Corp - Class A$221MFinancial ServicesShell Companies-0.43
CRCLCircle Internet Group Inc - Class A$16BFinancial ServicesCapital Markets-0.42
RDACRising Dragon Acquisition Corp$24MFinancial ServicesShell Companies-0.42
PSIGPS International Group Ltd$21MIndustrialsIntegrated Freight & Logistics-0.42
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.42
DFSCDEFSEC Technologies Inc Com$3.99MIndustrialsAerospace & Defense-0.41
RAAQUReal Asset Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$65MFinancial ServicesShell Companies-0.41
ANTAAntalpha Platform Holding Company$95MFinancial ServicesCredit Services-0.40
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.40
OFALOFA Group$3.36MIndustrialsEngineering & Construction-0.40
TDICDreamland Ltd$17MCommunication ServicesAdvertising Agencies-0.40
STRCMicrostrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock$29BTechnologySoftware - Application-0.40
APADUA Paradise Acquisition Corp Unit$67MFinancial ServicesShell Companies-0.39
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.38
NOEMUCO2 Energy Transition Corp - Units (1 Ord1 War & 1 Rts)$78MFinancial ServicesShell Companies-0.38
MGRTMega Fortune Company Ltd$1.03BTechnologyInformation Technology Services-0.37
LEGTLegato Merger Corp. III$197MFinancial ServicesShell Companies-0.37
OMSEOMS Energy Technologies Inc$197MEnergyOil & Gas Equipment & Services-0.36
EMPDEmpery Digital Inc$98MConsumer CyclicalAuto Manufacturers-0.35
INLFINLIF Ltd$227KIndustrialsSpecialty Industrial Machinery-0.35
NWGLNature Wood Group Ltd$4.11MBasic MaterialsLumber & Wood Production-0.35
RMSGReal Messenger Corporation$6.05MTechnologySoftware - Application-0.35
CURXCuranex Pharmaceuticals Inc$6.11MHealthcareBiotechnology-0.35
KCHVKochav Defense Acquisition Corp - Class A$263MFinancial ServicesShell Companies-0.34
DAICCID HoldCo Inc$40MTechnologyInformation Technology Services-0.34
COLAColumbus Acquisition Corp$34MFinancial ServicesShell Companies-0.34
BLSHBullish$3.80BTechnologySoftware - Infrastructure-0.34
CHARCHAPARRAL RESOURCES INC$119MFinancial ServicesShell Companies-0.34
SAFXXCF Global Inc$145MUtilitiesUtilities - Renewable-0.33
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.33
FGMCFG Merger II Corp$83MFinancial ServicesShell Companies-0.33

ETFs that lowly correlated with QDEL

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
RBILF/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF $139M0.17%Feb 24, 2025-0.64
USNGAMPLIFY SAMSUNG U.S. NATURAL GAS INFRASTRUCTURE ETF $7.40M0.59%May 19, 2025-0.60
TIPANORTHERN TRUST 2030 INFLATION-LINKED DISTRIBUTING LADDER ETF $18M0.10%Aug 18, 2025-0.59
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.57
USOYDEFIANCE OIL ENHANCED OPTIONS INCOME ETF $56M1.12%May 9, 2024-0.55
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.54
USEUSCF ENERGY COMMODITY STRATEGY ABSOLUTE RETURN FUND $2.60M0.79%May 3, 2023-0.52
MSTWROUNDHILL MSTR WEEKLYPAY ETF $33MN/AJul 23, 2025-0.51
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.49
MSTPGRANITESHARES 2X LONG MSTR DAILY ETF $5.20MN/AJun 9, 2025-0.49
TIPBNORTHERN TRUST 2035 INFLATION-LINKED DISTRIBUTING LADDER ETF $8M0.10%Aug 18, 2025-0.49
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.48
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.48
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.47
GGOViShares Global Government Bond USD Hedged Active$2.90B0.39%Jun 25, 2025-0.46
WTIPWISDOMTREE INFLATION PLUS FUND $21M0.65%Jun 16, 2025-0.45
DCMTDOUBLELINE COMMODITY STRATEGY ETF $36M0.66%Jan 31, 2024-0.45
WZRDOpportunistic Trader ETF$976K1.00%Jun 24, 2025-0.44
MSTDEFIANCE LEVERAGED LONG + INCOME MSTR ETF $12MN/AMay 1, 2025-0.44
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.43
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.43
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.42
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.42
CMDTPIMCO COMMODITY STRATEGY ACTIVE EXCHANGE-TRADED FUND $751M0.65%May 9, 2023-0.42
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.41
CERYSTATE STREET(R) SPDR(R) BLOOMBERG ENHANCED ROLL YIELD COMMODITY STRATEGY NO K-1 ETF SPDR BLOOMBERG ENHANCED ROLL YIELD COMMODITY STRATEGY NO K-1 ETF$979M0.28%Sep 4, 2024-0.41
AVGUT-REX 2X LONG AVGO DAILY TARGET ETF $36MN/AJul 14, 2025-0.40
PITVANECK COMMODITY STRATEGY ETF $260M0.55%Dec 20, 2022-0.40
LSEQHARBOR LONG-SHORT EQUITY ETF $17M2.28%Dec 4, 2023-0.39
GXPEGLOBAL X PURECAP MSCI ENERGY ETF $1.20M0.15%Jul 22, 2025-0.38
XLEISTATE STREET(R) ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF$40M0.35%Jul 29, 2025-0.38
NTRLFirst Trust Equity Market Neutral ETF$19M0.95%Feb 4, 2020-0.38
ONGLeverage Shares 2X Long ON Daily ETF$1.90MN/AJun 1, 2026-0.38
AVGWROUNDHILL AVGO WEEKLYPAY ETF $45MN/AJul 23, 2025-0.37
BWETBreakwave Tanker Shipping ETF$17M3.50%May 1, 2023-0.37
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.37
PALDDirexion Daily PANW Bear 1X Shares$1.80M1.02%Feb 10, 2025-0.36
CMCIVANECK CMCI COMMODITY STRATEGY ETF $2.70M0.67%Aug 21, 2023-0.36
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.36
WXETTEUCRIUM 2X DAILY WHEAT ETF $7MN/ADec 12, 2024-0.35
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.35
CLIMCLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF $1.30M0.90%Mar 11, 2026-0.35
NVDWROUNDHILL NVDA WEEKLYPAY ETF $110MN/AFeb 18, 2025-0.34
NVIIREX NVDA GROWTH & INCOME ETF $104MN/AMay 27, 2025-0.34
AMZWROUNDHILL AMZN WEEKLYPAY ETF $34MN/AJun 17, 2025-0.34
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.33