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51 Stocks and 49 ETFs for diversifying Dr. Reddy`s Laboratories (RDY)

The least correlated asset to Dr. Reddy`s Laboratories (RDY) is ETF UXRP (ProShares Ultra XRP ETF). The correlation is -0.6567.

Stocks that lowly correlated with RDY

SymbolName
Market cap
SectorIndustry
Correlation
BULLWebull Corporation$3.05BTechnologySoftware - Application-0.59
CTWCTW Cayman - Class A$147MCommunication ServicesElectronic Gaming & Multimedia-0.57
AOMDAngel Oak Mortgage REIT Inc$622MN/AN/A-0.56
EMPDEmpery Digital Inc$98MConsumer CyclicalAuto Manufacturers-0.53
PVLAPalvella Therapeutics Inc$2.18BHealthcareBiotechnology-0.53
WYHGWing Yip Food Holdings Group Ltd$59MConsumer DefensivePackaged Foods-0.51
HTFLHeartflow Inc$2.35BHealthcareHealth Information Services-0.51
IOTRiOThree Ltd$13MCommunication ServicesTelecom Services-0.50
LHSWLianhe Sowell International Group Ltd$7.03MTechnologySoftware - Infrastructure-0.50
QETARQuetta Acquisition Corp$1.43MN/AN/A-0.49
OBAOxley Bridge Acquisition Ltd - Class A$260MFinancial ServicesShell Companies-0.49
FLYFirefly Aerospace Inc$3.35BIndustrialsAerospace & Defense-0.48
WRDWeRide Inc$2.11BTechnologySoftware - Application-0.47
LGPSLogProstyle Inc$26MIndustrialsConglomerates-0.46
ADVBAdvanced Biomed Inc$7.21MHealthcareDiagnostics & Research-0.46
QUMSUQuantumsphere Acquisition Corp - Units (1 Ord Shs & 1 Rts)$33MFinancial ServicesShell Companies-0.46
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.45
CRBDCorebridge Financial Inc$11BN/AN/A-0.45
ANPARich Sparkle Holdings Ltd$53MIndustrialsSpecialty Business Services-0.45
PFSAProfusa Inc$577KHealthcareMedical Devices-0.43
DGNXDiginex Ltd$28MIndustrialsConsulting Services-0.43
HPLTUHome Plate Acquisition Corp - Units (1 Ord Class A & 1/2 War)$79MN/AN/A-0.43
ARXAccelerant Holdings - Class A$2.82BFinancial ServicesInsurance Brokers-0.43
NMAXNewsmax Inc Class B$1.09BCommunication ServicesBroadcasting-0.42
FIGXUFIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$35MFinancial ServicesShell Companies-0.42
WYTCWytec International Inc$14MCommunications EquipmentInformation Technology-0.42
OMSEOMS Energy Technologies Inc$197MEnergyOil & Gas Equipment & Services-0.42
EGGEnigmatig Ltd - Class A$189MIndustrialsConsulting Services-0.41
LARLithium Argentina AG$1.24BBasic MaterialsOther Industrial Metals & Mining-0.40
TFIN-PTriumph Financial Inc Depositary Shares Series C$531MFinancial ServicesBanks - Regional-0.40
MGRTMega Fortune Company Ltd$1.03BTechnologyInformation Technology Services-0.39
NMPAUNMP Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$35MFinancial ServicesShell Companies-0.39
GLXYGalaxy Digital$5.92BFinancial ServicesCapital Markets-0.38
LWACLightWave Acquisition Corp - Class A$221MFinancial ServicesShell Companies-0.37
CHPGRChampionsGate Acquisition Corp$264KN/AN/A-0.37
UYSCUY Scuti Acquisition Corp$74MFinancial ServicesShell Companies-0.37
VWAVVisionWave Holdings Inc$85MIndustrialsAerospace & Defense-0.36
DTSQRDT Cloud Star Acquisition Corp$290KN/AN/A-0.36
SSEAUStarry Sea Acquisition Corp - Units (1 Ord Shs & 1/6 Rts)$19MFinancial ServicesShell Companies-0.36
MAMOMassimo Group$41MConsumer CyclicalRecreational Vehicles-0.35
APADUA Paradise Acquisition Corp Unit$67MFinancial ServicesShell Companies-0.35
TACHTitan Acquisition Corp - Class A$288MFinancial ServicesShell Companies-0.35
MFANMFA Financial Inc 8.875 Senior Notes due 2029$2.55BN/AN/A-0.35
CHACUCrane Harbor Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$72MFinancial ServicesShell Companies-0.35
CBION/A$432MHealthcareBiotechnology-0.35
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.34
HCAIHuachen AI Parking Management Technology Holding Co. Ltd$10MIndustrialsFarm & Heavy Construction Machinery-0.34
CURRCurrenc Group Inc$251MTechnologySoftware - Application-0.34
EGHAEGH Acquisition Corp - Class A$212MFinancial ServicesShell Companies-0.34
NAMIJinxin Technology Holding Company$7.41MCommunication ServicesInternet Content & Information-0.34
NIQNIQ Global Intelligence plc$3.24BN/AN/A-0.33

ETFs that lowly correlated with RDY

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
UXRPProShares Ultra XRP ETF$27MN/AJul 14, 2025-0.66
SGVTSCHWAB GOVERNMENT MONEY MARKET ETF $770M0.28%Jun 11, 2025-0.60
MSFWROUNDHILL MSFT WEEKLYPAY ETF $27MN/AJul 23, 2025-0.57
AMZWROUNDHILL AMZN WEEKLYPAY ETF $34MN/AJun 17, 2025-0.55
BCCCGLOBAL X BITCOIN COVERED CALL ETF $8.20M0.75%Jun 3, 2025-0.50
NVDWROUNDHILL NVDA WEEKLYPAY ETF $110MN/AFeb 18, 2025-0.50
ZJUNInnovator Equity Defined Protection ETF 1 Yr June$153M0.79%May 30, 2025-0.47
CPSUCalamos S&P 500 Structured Alt Protection ETF June$25M0.69%May 30, 2025-0.47
XRPIVolatility Shares Trust XRP ETF$82M1.68%May 22, 2025-0.46
PMJNPGIM S&P 500 MAX BUFFER ETF - JUNE $5.10M0.50%May 30, 2025-0.45
KCSHKRANESHARES SUSTAINABLE ULTRA SHORT DURATION INDEX ETF $170M0.20%Jul 22, 2024-0.45
CBTYCalamos Bitcoin 80 Series Structured Alt Protection ETF July$11M0.69%Jul 7, 2025-0.44
CSHPEnhanced Short-Term Bond ETF$106M0.20%Jul 17, 2024-0.43
XRPTVolatility Shares Trust XRP 2X ETF$49MN/AMay 22, 2025-0.42
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.41
TRUDVANECK CONSUMER DISCRETIONARY TRUSECTOR ETF $33M0.16%Aug 20, 2025-0.40
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.38
BFJLFT VEST BITCOIN STRATEGY FLOOR15 ETF - JULY $3.30M0.90%Jun 27, 2025-0.38
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.38
XXRPTEUCRIUM 2X LONG DAILY XRP ETF $88MN/AApr 7, 2025-0.38
MSTWROUNDHILL MSTR WEEKLYPAY ETF $33MN/AJul 23, 2025-0.38
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.38
FFUTFIDELITY MANAGED FUTURES ETF $247M0.80%Jun 3, 2025-0.37
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.37
CBXYCalamos Bitcoin 90 Series Structured Alt Protection ETF July$5.50M0.69%Jul 7, 2025-0.37
ILITISHARES LITHIUM MINERS AND PRODUCERS ETF $18M0.47%Jun 21, 2023-0.37
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.37
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.37
ZSCUSCF SUSTAINABLE COMMODITY STRATEGY FUND $2.90M0.52%Aug 8, 2023-0.37
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.36
ISMFiShares Managed Futures Active ETF$60M0.80%Mar 12, 2025-0.36
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.36
CGGGCAPITAL GROUP U.S. LARGE GROWTH ETF SHARE CLASS$81M0.39%Jun 24, 2025-0.36
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.36
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.36
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.36
PDDLGRANITESHARES 2X LONG PDD DAILY ETF $7.60MN/AJul 14, 2025-0.36
NVIIREX NVDA GROWTH & INCOME ETF $104MN/AMay 27, 2025-0.36
ZSBUSCF SUSTAINABLE BATTERY METALS STRATEGY FUND $2.20M0.59%Jan 10, 2023-0.36
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.35
LITPSprott Lithium Miners ETF$46M0.65%Feb 1, 2023-0.35
SSKREX-OSPREY(TM) SOL + STAKING ETF $68M0.75%Jul 1, 2025-0.35
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.35
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.35
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.35
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.35
RBPROSHARES RUSSELL 2000 DYNAMIC DAILY BUFFER ETF $1.20M0.58%Jun 24, 2025-0.35
FBPROSHARES S&P 500 DYNAMIC DAILY BUFFER ETF $1.30M0.58%Jun 24, 2025-0.34
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $13MN/AMar 31, 2025-0.33