38 Stocks and 62 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 |
| AACIW | Armada Acquisition Corp I - Warrants (13/08/2026) | $20M | N/A | N/A | -0.95 |
| DM | Desktop Metal Inc - Class A | $165M | N/A | N/A | -0.91 |
| TMDE | TMD Energy Ltd | $18M | Energy | Oil & Gas Midstream | -0.73 |
| BIAF | BioAffinity Technologies Inc | $7.42M | Healthcare | Diagnostics & Research | -0.70 |
| RIBBU | Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $56M | Financial Services | Shell Companies | -0.67 |
| CDTG | CDT Environmental Technology Investment Holdings Ltd | $3.77M | Industrials | Waste Management | -0.67 |
| ANNA | AleAnna Inc - Class A | $122M | Energy | Oil & Gas E&p | -0.66 |
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $20M | Financial Services | Shell Companies | -0.64 |
| LND | Brasilagro Companhia Brasileira De Propriedade Agricola | $379M | Consumer Defensive | Farm Products | -0.63 |
| BWIN | The Baldwin Insurance Group Inc - Class A | $1.82B | Financial Services | Insurance Brokers | -0.61 |
| TPET | Trio Petroleum Corp | $3.76M | Energy | Oil & Gas E&p | -0.61 |
| VSTA | Vasta Platform Ltd Class A | $394M | Consumer Defensive | Education & Training Services | -0.60 |
| PRAA | PRA Group Inc | $574M | Financial Services | Credit Services | -0.60 |
| HNNAZ | Hennessy Advisors Inc | $199M | N/A | N/A | -0.59 |
| ESLT | Elbit Systems Ltd | $38B | Industrials | Aerospace & Defense | -0.58 |
| AGRO | Adecoagro S.A. | $890M | Consumer Defensive | Farm Products | -0.57 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.56 |
| TURB | Turbo Energy S.A. | $7.58M | Technology | Solar | -0.56 |
| LXEH | Lixiang Education Holding Co Ltd | $2.91M | Consumer Defensive | Education & Training Services | -0.56 |
| BANL | CBL International Ltd | $11M | Energy | Oil & Gas Midstream | -0.56 |
| HFFG | HF Foods Group Inc | $108M | Consumer Defensive | Food Distribution | -0.56 |
| NCSM | NCS Multistage Holdings Inc | $116M | Energy | Oil & Gas Equipment & Services | -0.54 |
| BRBR | Bellring Brands Inc | $1.01B | Consumer Defensive | Packaged Foods | -0.54 |
| CAPS | Capstone Holding Corp | $3.02M | Basic Materials | Building Materials | -0.52 |
| SHIP | Seanergy Maritime Holdings Corp | $314M | Industrials | Marine Shipping | -0.52 |
| BRO | Brown & Brown Inc | $19B | Financial Services | Insurance Brokers | -0.51 |
| AGI | Alamos Gold Inc - Class A | $16B | Basic Materials | Gold | -0.51 |
| UGRO | Urban-gro Inc | $5.10M | Industrials | Farm & Heavy Construction Machinery | -0.50 |
| WHF | WhiteHorse Finance Inc | $148M | Financial Services | Asset Management | -0.50 |
| AWK | American Water Works Co. Inc | $24B | Utilities | Utilities - Regulated Water | -0.50 |
| ANTX | AN2 Therapeutics Inc | $167M | Healthcare | Biotechnology | -0.50 |
| OPOF | Old Point Financial Corp | $215M | Financial Services | Banks - Regional | -0.50 |
| SAND | Sandstorm Gold Ltd | $3.63B | Basic Materials | Gold | -0.49 |
| MOBX | Mobix Labs Inc - Class A | $20M | Technology | Semiconductors | -0.49 |
| LFT | Lument Finance Trust Inc | $55M | Real Estate | Reit - Mortgage | -0.49 |
| PDEX | Pro-Dex Inc (co) | $206M | Healthcare | Medical Instruments & Supplies | -0.49 |
| CTSO | Cytosorbents Corp | $31M | Healthcare | Medical Devices | -0.48 |