50 Stocks and 50 ETFs for diversifying Ring Energy (REI)
The least correlated asset to Ring Energy (REI) is ETF AALG (LEVERAGE SHARES 2X LONG AAL DAILY ETF). The correlation is -0.7437.
Stocks that lowly correlated with REI
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| TWFG | TWFG Inc - Class A | $380M | Financial Services | Insurance Brokers | -0.69 |
| RAL | RALSTON PURINA CO | $7.56B | Technology | Electronic Components | -0.69 |
| GRAN | Grande Group Ltd - Class A | $35M | Financial Services | Capital Markets | -0.63 |
| CHA | Chagee Holdings Ltd | $1.84B | Consumer Cyclical | Restaurants | -0.62 |
| SI | Shoulder Innovations Inc | $452M | N/A | N/A | -0.60 |
| THH | TryHard Holdings Ltd | $12M | Industrials | Specialty Business Services | -0.59 |
| BYAH | Park Ha Biological Technology Co Ltd | $917K | Consumer Defensive | Household & Personal Products | -0.59 |
| BGM | Qilian International Holding Group Ltd - Class A | $7.45M | Healthcare | Drug Manufacturers - Specialty & Generic | -0.56 |
| CUPR | Cuprina Holdings (Cayman) Ltd - Class A | $11M | Healthcare | Medical Instruments & Supplies | -0.56 |
| KYIV | Kyivstar Group Ltd | $3.48B | Communication Services | Telecom Services | -0.55 |
| BMHL | Bluemount Holdings Ltd | $146M | Financial Services | Capital Markets | -0.54 |
| MASK | 3 E Network Technology Group Ltd - Class A | $1.60M | Technology | Software - Application | -0.54 |
| OTF | Blue Owl Technology Finance Corp | $4.79B | Financial Services | Asset Management | -0.53 |
| IBG | Innovation Beverage Group Ltd | $1.60M | Consumer Defensive | Beverages - Wineries & Distilleries | -0.53 |
| NTWOU | Newbury Street II Acquisition Corp - Units (1 Ord Cls A & 1/2 War) | $184M | Financial Services | Shell Companies | -0.53 |
| TTAN | ServiceTitan Inc - Class A | $7.44B | Technology | Software - Application | -0.53 |
| PLBL | Polibeli Group Ltd | $2.84B | Consumer Cyclical | Department Stores | -0.52 |
| BACC | Blue Acquisition Corp - Class A | $214M | Financial Services | Shell Companies | -0.51 |
| IQST | iQSTEL Inc | $4.55M | Communication Services | Telecom Services | -0.51 |
| HCHL | Happy City Holdings Ltd - Class A | $59M | Consumer Cyclical | Restaurants | -0.51 |
| BEAGR | Bold Eagle Acquisition Corp Right | $1.50M | N/A | N/A | -0.50 |
| FIGXU | FIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War) | $35M | Financial Services | Shell Companies | -0.50 |
| JEM | 707 Cayman Holdings Ltd | $3.49M | Consumer Cyclical | Apparel Retail | -0.50 |
| PGAC | Pantages Capital Acquisition Corp Cl A Ord Shs | $118M | Financial Services | Shell Companies | -0.49 |
| AXIN | Axiom Intelligence Acquisition Corp 1 - Class A | $341M | Financial Services | Shell Companies | -0.49 |
| CHYM | Chime Financial Inc - Class A | $8.43B | Technology | Software - Application | -0.49 |
| ARAI | Arrive AI Inc | $15M | Technology | Scientific & Technical Instruments | -0.49 |
| DXST | Decent Holding Inc | $1.65M | Industrials | Waste Management | -0.48 |
| WTG | Wintergreen Acquisition Corp | $58M | Financial Services | Shell Companies | -0.48 |
| BEAG | Bold Eagle Acquisition Corp | $276M | Financial Services | Shell Companies | -0.48 |
| AACT | Ares Acquisition Corporation II - Class A | $588M | Financial Services | Shell Companies | -0.48 |
| NSRX | Nasus Pharma Ltd | $28M | Healthcare | Drug Manufacturers - General | -0.47 |
| PLMKU | Plum Acquisition Corp IV - Units (1 Ord cls A & 1/2 Warr) | $213M | Financial Services | Shell Companies | -0.47 |
| HERZ | Herzfeld Credit Income Fund Inc Com | $230M | Financial Services | Asset Management | -0.45 |
| ATHR | Aether Holdings Inc | $53M | Technology | Software - Application | -0.45 |
| MCACU | ConnectM Technology Solutions Inc - Units (1 Ord Class A 1 War & 1 Right) | $70M | Financial Services | Shell Companies | -0.45 |
| AACB | ALLIANCE ATLANTIS COMMUNICATIONS INC Foreign | $233M | Financial Services | Shell Companies | -0.45 |
| HSPTU | Horizon Space Acquisition II Corp - Unit (1 Ordinary share & 1 Rts) | $11M | Financial Services | Shell Companies | -0.44 |
| EDHL | Everbright Digital Holding Ltd | $5.88M | Communication Services | Advertising Agencies | -0.44 |
| DRDBU | Roman DBDR Acquisition Corp II - Units (1 Ord Cls A & 1/2 War) | $244M | Financial Services | Shell Companies | -0.43 |
| GRAF | Graf Global Corp - Class A | $311M | Financial Services | Shell Companies | -0.43 |
| NUVL | Nuvalent Inc - Class A | $9.75B | Healthcare | Biotechnology | -0.43 |
| LWACW | LightWave Acquisition Corp - Warrants (06/06/2030) | $178M | N/A | N/A | -0.43 |
| CCIXW | Churchill Capital Corp IX - Warrants (04/12/2029) | $17M | N/A | N/A | -0.42 |
| GELS | Gelteq Ltd | $5.56M | Healthcare | Drug Manufacturers - Specialty & Generic | -0.42 |
| HMCO | HumanCo Acquisition Corp - Class A | $387M | N/A | N/A | -0.42 |
| ELPW | Elong Power Holding Ltd | $645K | Industrials | Electrical Equipment & Parts | -0.42 |
| BSAA | BEST SPAC I Acquisition Corp - Class A | $63M | Financial Services | Shell Companies | -0.42 |
| TLIH | Ten League International Holdings Ltd | $17M | Industrials | Industrial Distribution | -0.41 |
| CLBR | Colombier Acquisition Corp II - Class A | $366M | Financials | Investment Holding Companies | -0.41 |