Overview Performance Metrics Financials ETFs Industry Correlations

49 Stocks and 51 ETFs for diversifying Seadrill (SDRL)

The least correlated asset to Seadrill (SDRL) is company Scilex Holding Company - Units (1 Ord & 1/2 War) (VCKAU). The correlation is -1.

Stocks that lowly correlated with SDRL

Symbol	Name	Market cap	Sector	Industry	Correlation
VCKAU	Scilex Holding Company - Units (1 Ord & 1/2 War)	$37M	N/A	N/A	-1.00
NOAC	Natural Order Acquisition Corp	$289M	N/A	N/A	-1.00
NOACU	Natural Order Acquisition Corp - Units (1 Ord & 1 War)	$289M	N/A	N/A	-1.00
FLAC	Frazier Lifesciences Acquisition Corp - Class A	$175M	N/A	N/A	-1.00
JCICU	Jack Creek Investment Corp - Units (1 Ord Share Class A & 1/2 War)	$432M	N/A	N/A	-0.86
ELOG	Eastern International Ltd	$9.59M	Industrials	Integrated Freight & Logistics	-0.83
RNERU	Mount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt)	$125M	N/A	N/A	-0.75
SLVRU	SilverSPAC Inc - Units (1 Ord Share Class A & 1/4 War)	$328M	N/A	N/A	-0.69
FIGXU	FIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War)	$35M	Financial Services	Shell Companies	-0.67
USX	U.S. Xpress Enterprises Inc - Class A	$332M	Industrials	Trucking	-0.66
ORIQU	Origin Investment Corp I - Units (1 Ord Cls & 1/2 War)	$22M	Financial Services	Shell Companies	-0.65
DGNX	Diginex Ltd	$28M	Industrials	Consulting Services	-0.63
LWACW	LightWave Acquisition Corp - Warrants (06/06/2030)	$178M	N/A	N/A	-0.60
CRAQ	Cal Redwood Acquisition Corp	$320M	Financial Services	Shell Companies	-0.59
ONCHU	1RT Acquisition Corp - Units (1 Ord Cls A & 1 War)	$39M	Financial Services	Shell Companies	-0.58
WTG	Wintergreen Acquisition Corp	$58M	Financial Services	Shell Companies	-0.58
TACH	Titan Acquisition Corp - Class A	$288M	Financial Services	Shell Companies	-0.56
BMHL	Bluemount Holdings Ltd	$146M	Financial Services	Capital Markets	-0.56
IROHU	CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)	$453M	N/A	N/A	-0.53
SI	Shoulder Innovations Inc	$452M	N/A	N/A	-0.53
CPSR	Gelesis Holdings Inc - Class A	$1.87B	N/A	N/A	-0.52
CLIK	Click Holdings Ltd	$4.19M	Consumer Cyclical	Personal Services	-0.52
WYHG	Wing Yip Food Holdings Group Ltd	$59M	Consumer Defensive	Packaged Foods	-0.52
BGM	Qilian International Holding Group Ltd - Class A	$7.45M	Healthcare	Drug Manufacturers - Specialty & Generic	-0.51
JMACU	Maxpro Capital Acquisition Corp - Units (1 Ord Share Class A & 1 War)	$150M	N/A	N/A	-0.51
LCCCR	Lakeshore Acquisition III Corp	$349K	N/A	N/A	-0.51
CHA	Chagee Holdings Ltd	$1.84B	Consumer Cyclical	Restaurants	-0.51
CCII	Cohen Circle Acquisition Corp II - Class A	$269M	Financial Services	Shell Companies	-0.50
RYOJ	rYojbaba Co. Ltd	$51M	Industrials	Consulting Services	-0.50
AXIN	Axiom Intelligence Acquisition Corp 1 - Class A	$341M	Financial Services	Shell Companies	-0.49
MASK	3 E Network Technology Group Ltd - Class A	$1.60M	Technology	Software - Application	-0.48
BSAA	BEST SPAC I Acquisition Corp - Class A	$63M	Financial Services	Shell Companies	-0.48
HNGE	Hinge Health Inc - Class A	$6.74B	Healthcare	Health Information Services	-0.47
RAL	RALSTON PURINA CO	$7.56B	Technology	Electronic Components	-0.47
LGPS	LogProstyle Inc	$26M	Industrials	Conglomerates	-0.46
BEAGR	Bold Eagle Acquisition Corp Right	$1.50M	N/A	N/A	-0.45
TGHL	Growhub Ltd (The) - Class A	$19M	Technology	Software - Infrastructure	-0.45
ZSPC	Zspace Inc	$2.96M	Technology	Computer Hardware	-0.45
FRBNU	Forbion European Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)	$316M	N/A	N/A	-0.44
PGAC	Pantages Capital Acquisition Corp Cl A Ord Shs	$118M	Financial Services	Shell Companies	-0.44
SPEGU	Silver Pegasus Acquisition Corp - Units (1 Ord Cls A & 1 Rts)	$35M	Financial Services	Shell Companies	-0.43
CHPGU	ChampionsGate Acquisition Corp - Units (1 Ord Shs & 1 Rts)	$20M	Financial Services	Shell Companies	-0.43
SDHIR	Siddhi Acquisition Corp	$1.13M	N/A	N/A	-0.43
SOCAU	Solarius Capital Acquisition Corp Units	$179M	Financial Services	Shell Companies	-0.42
JEM	707 Cayman Holdings Ltd	$3.49M	Consumer Cyclical	Apparel Retail	-0.42
NSRX	Nasus Pharma Ltd	$28M	Healthcare	Drug Manufacturers - General	-0.42
OMDA	Omada Health Inc	$1.41B	Healthcare	Health Information Services	-0.41
TWFG	TWFG Inc - Class A	$380M	Financial Services	Insurance Brokers	-0.41
MCTR	CTRL Group Ltd	$15M	Communication Services	Advertising Agencies	-0.41

ETFs that lowly correlated with SDRL

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
FIYY	GRANITESHARES YIELDBOOST 20Y+ TREASURIES ETF	$732K	1.07%	May 4, 2026	-0.83
TSMZ	DIREXION DAILY TSM BEAR 1X SHARES	$2.80M	1.01%	Oct 2, 2024	-0.68
BRKU	DIREXION DAILY BRKB BULL 2X SHARES	$45M	N/A	Dec 10, 2024	-0.66
MYY	PROSHARES SHORT MIDCAP400	$2.90M	0.95%	Jun 19, 2006	-0.63
MZZ	PROSHARES ULTRASHORT MIDCAP400	$2.40M	N/A	Jul 11, 2006	-0.62
DRIP	Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF	$131M	N/A	May 28, 2015	-0.62
DWSH	ADVISORSHARES DORSEY WRIGHT SHORT ETF	$11M	6.22%	Jul 10, 2018	-0.62
SBB	ProShares Short SmallCap600 -1x Shares	$3.30M	0.95%	Jan 23, 2007	-0.61
RWM	PROSHARES SHORT RUSSELL2000	$113M	0.95%	Jan 23, 2007	-0.60
TWM	ProShares UltraShort Russell2000 -2x Shares	$38M	N/A	Jan 23, 2007	-0.59
BNKD	Bank of Montreal	$1.10M	N/A	Feb 20, 2025	-0.59
SHPU	DIREXION DAILY SHOP BULL 2X ETF	$15M	N/A	Aug 5, 2025	-0.59
SDD	PROSHARES ULTRASHORT SMALLCAP600	$1.20M	N/A	Jan 23, 2007	-0.59
HIBS	Direxion Daily S&P 500 High Beta Bear 3X Shares	$17M	N/A	Nov 7, 2019	-0.56
HOOW	ROUNDHILL HOOD WEEKLYPAY ETF	$146M	N/A	Jun 17, 2025	-0.56
OILD	Bank of Montreal	$53M	N/A	Nov 8, 2021	-0.55
TAIL	CAMBRIA TAIL RISK ETF	$147M	0.59%	Apr 5, 2017	-0.55
PANG	LEVERAGE SHARES 2X LONG PANW DAILY ETF	$8.90M	N/A	Mar 20, 2025	-0.53
DUG	ProShares UltraShort Energy	$27M	N/A	Jan 30, 2007	-0.53
NOWL	GRANITESHARES 2X LONG NOW DAILY ETF	$286M	N/A	Jul 14, 2025	-0.53
DVXV	WEBs Defined Volatility XLV ETF	$480K	0.89%	Jul 22, 2025	-0.53
SIJ	ProShares UltraShort Industrials -2x Shares	$5.50M	N/A	Jan 30, 2007	-0.52
QQQD	DIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES	$35M	0.50%	Mar 6, 2024	-0.52
XLVI	STATE STREET(R) HEALTH CARE SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)HEALTH CARE SELECT SECTOR SPDR(R) PREMIUM INCOME ETF	$16M	0.35%	Jul 29, 2025	-0.51
SMN	ProShares UltraShort Materials	$4.10M	N/A	Jan 30, 2007	-0.51
BTAL	AGF U.S. MARKET NEUTRAL ANTI-BETA FUND	$283M	1.40%	Sep 13, 2011	-0.51
SCO	ProShares UltraShort Bloomberg Crude Oil -2x Shares	$895M	N/A	Nov 24, 2008	-0.51
HDGE	ADVISORSHARES RANGER EQUITY BEAR ETF	$66M	3.62%	Jan 26, 2011	-0.51
SPDN	DIREXION DAILY S&P 500 (R) BEAR 1X SHARES	$195M	0.48%	Jun 8, 2016	-0.49
SH	ProShares Short S&P500 -1x Shares	$973M	0.89%	Jun 19, 2006	-0.49
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	$35M	0.89%	Jan 17, 2018	-0.48
VIXM	ProShares VIX Mid-Term Futures ETF	$40M	0.92%	Jan 3, 2011	-0.48
SDS	ProShares UltraShort S&P500 -2x Shares	$398M	N/A	Jul 11, 2006	-0.47
SKRE	TUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF	$5.20M	N/A	Jan 3, 2024	-0.46
AVS	DIREXION DAILY AVGO BEAR 1X SHARES	$7.50M	1.03%	Oct 9, 2024	-0.46
SCC	ProShares UltraShort Consumer Discretionary	$6.80M	N/A	Jan 30, 2007	-0.45
CRSH	YIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF	$16M	1.05%	May 1, 2024	-0.45
QBER	TRUESHARES QUARTERLY BEAR HEDGE ETF	$82M	0.79%	Jun 28, 2024	-0.45
SETH	ProShares Short Ether ETF	$23M	0.95%	Nov 1, 2023	-0.44
GGLS	Direxion Daily GOOGL Bear 1X ETF	$13M	1.02%	Sep 6, 2022	-0.44
UVIX	2x Long VIX Futures ETF	$290M	N/A	Mar 28, 2022	-0.44
ETHD	ProShares UltraShort Ether ETF	$86M	N/A	Jun 6, 2024	-0.44
SNOU	T-REX 2X LONG SNOW DAILY TARGET ETF	$25M	N/A	Apr 23, 2025	-0.43
AALG	LEVERAGE SHARES 2X LONG AAL DAILY ETF	$5.30M	N/A	Jul 10, 2025	-0.43
DIPS	YIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF	$8.20M	1.05%	Jul 23, 2024	-0.43
SARK	TRADR 1X SHORT INNOVATION DAILY ETF	$43M	0.92%	Nov 5, 2021	-0.42
USSH	WISDOMTREE 1-3 YEAR LADDERED TREASURY FUND	$23M	0.15%	Mar 12, 2024	-0.42
EMTY	ProShares Decline of the Retail Store ETF -1x Shares	$3M	0.65%	Nov 14, 2017	-0.42
PSQ	ProShares Short QQQ -1x Shares	$601M	0.95%	Jun 19, 2006	-0.42
FIAT	YIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF	$35M	1.05%	Jul 9, 2024	-0.42
IVOL	QUADRATIC INTEREST RATE VOLATILITY AND INFLATION HEDGE ETF	$276M	0.98%	May 13, 2019	-0.41