44 Stocks and 56 ETFs for diversifying Redwood Trust (RWTP)
The least correlated asset to Redwood Trust (RWTP) is company Avid Bioservices (CDMO). The correlation is -1.
Stocks that lowly correlated with RWTP
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| CDMO | Avid Bioservices Inc | $797M | N/A | N/A | -1.00 |
| USX | U.S. Xpress Enterprises Inc - Class A | $332M | Industrials | Trucking | -1.00 |
| DM | Desktop Metal Inc - Class A | $165M | N/A | N/A | -0.91 |
| SMTK | SmartKem, Inc. Common Stock | $4.23M | Technology | Semiconductor Equipment & Materials | -0.86 |
| GSRM | Bitcoin Depot Inc - Class A | $54M | N/A | N/A | -0.80 |
| RIBBU | Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $56M | Financial Services | Shell Companies | -0.75 |
| AACIW | Armada Acquisition Corp I - Warrants (13/08/2026) | $20M | N/A | N/A | -0.70 |
| CURX | Curanex Pharmaceuticals Inc | $6.11M | Healthcare | Biotechnology | -0.66 |
| HNNAZ | Hennessy Advisors Inc | $199M | N/A | N/A | -0.61 |
| BIAF | BioAffinity Technologies Inc | $3.25M | Healthcare | Diagnostics & Research | -0.59 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.58 |
| IPODU | Dune Acquisition Corp II - Units (1 Ord Cls A & 1 War) | $156M | Financial Services | Shell Companies | -0.56 |
| NCSM | NCS Multistage Holdings Inc | $116M | Energy | Oil & Gas Equipment & Services | -0.56 |
| ANNA | AleAnna Inc - Class A | $131M | Energy | Oil & Gas E&p | -0.56 |
| STAK | Stak Inc | $55M | Energy | Oil & Gas Equipment & Services | -0.56 |
| STRZ | Starz Entertainment Corp | $468M | Communication Services | Entertainment | -0.55 |
| LXEH | Lixiang Education Holding Co Ltd | $2.70M | Consumer Defensive | Education & Training Services | -0.53 |
| PETZ | TDH Holdings Inc | $12M | Consumer Cyclical | Restaurants | -0.52 |
| SI | Shoulder Innovations Inc | $452M | N/A | N/A | -0.51 |
| SRAD | Sportradar Group AG - Class A | $4.49B | Technology | Software - Application | -0.51 |
| TURB | Turbo Energy S.A. | $7.58M | Technology | Solar | -0.51 |
| VSTA | Vasta Platform Ltd Class A | $394M | Consumer Defensive | Education & Training Services | -0.50 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.50 |
| OPOF | Old Point Financial Corp | $215M | Financial Services | Banks - Regional | -0.50 |
| VACH | Voyager Acquisition Corp - Class A | $279M | Financial Services | Shell Companies | -0.49 |
| CGCT | Cartesian Growth Corporation III Class A Ordinary Shares | $283M | Financial Services | Shell Companies | -0.49 |
| SAND | Sandstorm Gold Ltd | $3.63B | Basic Materials | Gold | -0.49 |
| TPET | Trio Petroleum Corp | $13M | Energy | Oil & Gas E&p | -0.49 |
| WETO | Wetour Robotics Ltd | $11M | Technology | Software - Infrastructure | -0.49 |
| QSEA | Quartzsea Acquisition Corp | $87M | Financial Services | Shell Companies | -0.48 |
| ESLT | Elbit Systems Ltd | $34B | Industrials | Aerospace & Defense | -0.47 |
| PDEX | Pro-Dex Inc (co) | $181M | Healthcare | Medical Instruments & Supplies | -0.47 |
| TGHL | Growhub Ltd (The) - Class A | $19M | Technology | Software - Infrastructure | -0.47 |
| MCTR | CTRL Group Ltd | $15M | Communication Services | Advertising Agencies | -0.47 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.47 |
| HFFG | HF Foods Group Inc | $90M | Consumer Defensive | Food Distribution | -0.46 |
| KVACU | Keen Vision Acquisition Corp - Units (1 Ord & 1 War) | $53M | Financial Services | Shell Companies | -0.46 |
| BSAA | BEST SPAC I Acquisition Corp - Class A | $63M | Financial Services | Shell Companies | -0.46 |
| OYSE | Oyster Enterprises II Acquisition Corp | $268M | Financial Services | Shell Companies | -0.45 |
| UBCP | United Bancorp Inc (Martins Ferry OH) | $88M | Financial Services | Banks - Regional | -0.45 |
| OPTN | OptiNose Inc | $112M | N/A | N/A | -0.45 |
| EQV | EQV Ventures Acquisition Corp. | $466M | Financial Services | Shell Companies | -0.45 |
| CHARU | Charlton Aria Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $20M | Financial Services | Shell Companies | -0.45 |
| PRAA | PRA Group Inc | $688M | Financial Services | Credit Services | -0.44 |