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High CorrelationLow Correlation

66 Stocks and 34 ETFs for diversifying Sinclair (SBGI)

The least correlated asset to Sinclair (SBGI) is company Home Plate Acquisition Corp - Units (1 Ord & 1/2 War) (HPLTU). The correlation is -0.6181.

Stocks that lowly correlated with SBGI

SymbolName
Market cap
SectorIndustry
Correlation
HPLTUHome Plate Acquisition Corp - Units (1 Ord Class A & 1/2 War)$79MN/AN/A-0.62
TACOUBerto Acquisition Corp - Units (1 Ord & 1/2 War)$83MFinancial ServicesShell Companies-0.60
XRPNArmada Acquisition Corp II - Class A$328MFinancial ServicesShell Companies-0.59
WFFWF Holding Ltd$10MIndustrialsSpecialty Industrial Machinery-0.57
IPODUDune Acquisition Corp II - Units (1 Ord Cls A & 1 War)$156MFinancial ServicesShell Companies-0.57
PMTRPerimeter Acquisition Corp I - Class A$258MFinancial ServicesShell Companies-0.55
WWACUAeries Technology Inc - Units (1 Ord Class A & 1/2 War)$41MN/AN/A-0.55
TACOBerto Acquisition Corp$315MFinancial ServicesShell Companies-0.54
HPLTHome Plate Acquisition Corp - Class A$77MN/AN/A-0.53
AMAOAmerican Acquisition Opportunity Inc - Class A$118MN/AN/A-0.53
JBDIJBDI Holdings Ltd$9.63MConsumer CyclicalSpecialty Retail-0.53
JCICUJack Creek Investment Corp - Units (1 Ord Share Class A & 1/2 War)$432MN/AN/A-0.51
JMACUMaxpro Capital Acquisition Corp - Units (1 Ord Share Class A & 1 War)$150MN/AN/A-0.51
CONConcentra Group Holdings Parent Inc$3.30BHealthcareMedical Care Facilities-0.51
LPAALaunch One Acquisition Corp - Class A$249MFinancial ServicesShell Companies-0.51
AIROAIRO Group Holdings Inc$229MIndustrialsAerospace & Defense-0.51
PRMBPrimo Brands Corp - Class A$8.97BConsumer DefensiveBeverages - Non-alcoholic-0.49
NHICUNewHold Investment Corp II - Units (1 Ord Share Class A & 1/2 War)$210MN/AN/A-0.47
RNERUMount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt)$125MN/AN/A-0.47
YXTYxt.Com Group Holding Ltd$30MTechnologySoftware - Application-0.46
NTWON/A$184MFinancial ServicesShell Companies-0.46
LCCCRLakeshore Acquisition III Corp$500KN/AN/A-0.46
POLEAndretti Acquisition Corp II - Class A$247MFinancial ServicesShell Companies-0.45
VOYGVoyager Technologies Inc - Class A$2.83BIndustrialsAerospace & Defense-0.45
SDHIUSiddhi Acquisition Corp - Units (1 Ord class A & 1/10 Rts)$73MFinancial ServicesShell Companies-0.45
BMGLBasel Medical Group Ltd$11MHealthcareMedical Care Facilities-0.45
CHARRCharlton Aria Acquisition Corporation Rights$226KN/AN/A-0.45
FGMCUFG Merger II Corp - Units (1 Ord & 1/2 War)$97MFinancial ServicesShell Companies-0.45
YAASYouxin Technology Ltd - Class A$8.49MTechnologySoftware - Application-0.45
CEPTCantor Equity Partners II Inc - Class A$284MFinancial ServicesShell Companies-0.45
HVIIRHennessy Capital Investment Corp VII Rights$482KN/AN/A-0.45
JUGGUJaws Juggernaut Acquisition Corp - Units (1 Ord Share Class A & 1/4 War)$285MN/AN/A-0.44
GSRTUGSR III Acquisition Corp - Units (1 Ord Class A & 1/7 Rts)$467MN/AN/A-0.44
ATIIUArchimedes Tech SPAC Partners II Co. - Units (1 Ord & 1/2 War)$294MFinancial ServicesShell Companies-0.44
KWMK Wave Media Ltd$16MCommunication ServicesEntertainment-0.44
OHPAOrion Acquisition Corp - Class A$417MN/AN/A-0.44
MLACMountain Lake Acquisition Corp - Class A$43MN/AN/A-0.43
NPACUNew Providence Acquisition Corp III - Units (1 Ord Share Class A & 1/3 War)$68MFinancial ServicesShell Companies-0.43
SIMASIM Acquisition Corp I - Class A$72MFinancial ServicesShell Companies-0.43
LITTULogistics Innovation Technologies Corp - Units (1 Ord Share Class A & 1/3 War)$349MN/AN/A-0.43
NDACUNightDragon Acquisition Corp - Units (1 Ord Share Class A & 1/5 War)$444MN/AN/A-0.42
HOVRNew Horizon Aircraft Ltd$122MIndustrialsAerospace & Defense-0.42
ALORUALSP Orchid Acquisition Corp I - Units (1 Ord Class A & 1/2 War)$22MN/AN/A-0.42
FGMCFG Merger II Corp$91MFinancial ServicesShell Companies-0.42
SCAGScage Future$38MIndustrialsFarm & Heavy Construction Machinery-0.42
ISOUIsoEnergy Ltd$662MEnergyUranium-0.41
NPACNew Providence Acquisition Corp III - Class A$397MFinancial ServicesShell Companies-0.41
MCRPMicropolis Holding Company$86MTechnologyComputer Hardware-0.41
DGNUDragoneer Growth Opportunities Corp III - Class A$538MN/AN/A-0.40
FTPAFTAC Parnassus Acquisition Corp - Class A$302MFinancial ServicesShell Companies-0.40
SWETAthlon Acquisition Corp - Class A$278MN/AN/A-0.40
OHPAUOrion Acquisition Corp - Units (1 Ord Share Class A & 1/4 War)$417MN/AN/A-0.40
ALORALSP Orchid Acquisition Corp I - Class A$22MN/AN/A-0.39
DFSCDEFSEC Technologies Inc Com$8.73MIndustrialsAerospace & Defense-0.39
ZONECleanCore Solutions Inc - Class B$69MIndustrialsPollution & Treatment Controls-0.39
SHLTSHL Telemedicine Ltd ADR$39MHealthcareHealth Information Services-0.39
IPEXInflection Point Acquisition Corp V - Class A$125MFinancial ServicesShell Companies-0.39
LIMNLiminatus Pharma Inc$8.08MHealthcareBiotechnology-0.38
NDACNightDragon Acquisition Corp - Class A$445MN/AN/A-0.38
TGEGeneration Essentials Group - Class A$370MFinancial ServicesAsset Management-0.38
FTRKFast Track Group.$8.26MCommunication ServicesEntertainment-0.38
RBNERobin Energy Ltd$13MEnergyOil & Gas Midstream-0.37
CAEPCantor Equity Partners III Inc - Class A$420MFinancial ServicesShell Companies-0.37
PHHPark Ha Biological Technology Co Ltd$11MConsumer DefensiveHousehold & Personal Products-0.37
RFAIRF Acquisition Corp II$116MFinancial ServicesShell Companies-0.37
NKLRTerra Innovatum Global N.V.$312MUtilitiesUtilities - Regulated Electric-0.37

ETFs that lowly correlated with SBGI

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
TRSYXtrackers US 0-1 Year Treasury ETF$74M0.06%Oct 8, 2024-0.55
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.53
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.52
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.52
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.51
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.51
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.50
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.47
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.45
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.45
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.45
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.44
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.44
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.43
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.43
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.43
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.43
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.42
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.41
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.41
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.40
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.40
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.40
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.39
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.39
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.39
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.39
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.38
XXVSIMPLIFY ANCORATO TARGET 25 DISTRIBUTION ETF $48M0.85%Nov 17, 2025-0.38
ARCXTRADR 2X LONG ACHR DAILY ETF$11MN/AJun 9, 2025-0.38
EDGH3EDGE DYNAMIC HARD ASSETS ETF $128M1.01%Oct 2, 2024-0.37
SOFRAmplify Samsung SOFR ETF$423M0.20%Nov 14, 2023-0.37
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.37
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.37