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82 Stocks and 18 ETFs for diversifying SCHMID Group N.V. (SHMD)

The least correlated asset to SCHMID Group N.V. (SHMD) is ETF NTRL (First Trust Equity Market Neutral ETF). The correlation is -1.

Stocks that lowly correlated with SHMD

SymbolName
Market cap
SectorIndustry
Correlation
PLMIPlum Acquisition Corp I - Class A$192MN/AN/A-0.85
GSRMBitcoin Depot Inc - Class A$54MN/AN/A-0.76
RETOReTo Eco-Solutions Inc - Class A$6.39MBasic MaterialsBuilding Materials-0.65
AMCIAMC Robotics Corp$125MTechnologyComputer Hardware-0.62
ASICAtegrity Specialty Holdings LLC$1.08BFinancial ServicesInsurance - Property & Casualty-0.62
HUSAHouston American Energy Corp$95MEnergyOil & Gas E&p-0.57
SAFXXCF Global Inc$145MUtilitiesUtilities - Renewable-0.56
AACIWArmada Acquisition Corp I - Warrants (13/08/2026)$20MN/AN/A-0.55
AXNXAxonics Inc$3.63BN/AN/A-0.55
CURXCuranex Pharmaceuticals Inc$6.11MHealthcareBiotechnology-0.55
AMBIAmbipar Emergency Response - Class A$148MIndustrialsWaste Management-0.53
SAHSonic Automotive Inc - Class A$3.35BConsumer CyclicalAuto & Truck Dealerships-0.53
SHYFShyft Group Inc (The)$438MN/AN/A-0.53
ETSElite Express Holding Inc - Class A$13MIndustrialsTrucking-0.53
SGNSigning Day Sports Inc$1.33MTechnologySoftware - Application-0.53
CRMDCorMedix Inc$660MHealthcareBiotechnology-0.52
KTBKontoor Brands Inc$4.64BConsumer CyclicalApparel Manufacturing-0.52
SRADSportradar Group AG - Class A$4.49BTechnologySoftware - Application-0.52
HNGEHinge Health Inc - Class A$6.74BHealthcareHealth Information Services-0.52
SMTKSmartKem, Inc. Common Stock$4.23MTechnologySemiconductor Equipment & Materials-0.51
PTIXProtagenic Therapeutics Inc$504KHealthcareBiotechnology-0.51
VNTGVantage Corp - Class A$19MIndustrialsMarine Shipping-0.51
AKBAAkebia Therapeutics Inc$370MHealthcareDrug Manufacturers - Specialty & Generic-0.51
SMSM Energy Company$7.17BEnergyOil & Gas E&p-0.50
GWREGuidewire Software Inc$12BTechnologySoftware - Application-0.50
CORTCorcept Therapeutics Inc$9.35BHealthcareBiotechnology-0.50
EQSEquus Total Return Inc$17MFinancial ServicesAsset Management-0.50
SPOTSpotify Technology S.A.$102BCommunication ServicesInternet Content & Information-0.50
IDTIDT Corp - Class B$1.56BCommunication ServicesTelecom Services-0.50
EMLEastern Company$157MIndustrialsTools & Accessories-0.50
CPNGCoupang Inc - Class A$32BConsumer CyclicalInternet Retail-0.50
STRZStarz Entertainment Corp$468MCommunication ServicesEntertainment-0.50
MIMIMint Inc Ltd - Class A$4.72MIndustrialsEngineering & Construction-0.49
PAYXPaychex Inc$39BTechnologySoftware - Application-0.49
BOXLALPHA ARCHITECT LONG-TERM TREASURY BOND ETF $12MTechnologyConsumer Electronics-0.49
OPRAOpera Ltd$1.84BCommunication ServicesInternet Content & Information-0.49
BYNDBeyond Meat Inc$293MConsumer DefensivePackaged Foods-0.49
MREOMereo Biopharma Group Plc$53MHealthcareBiotechnology-0.48
BOXBox Inc - Class A$4.22BTechnologySoftware - Infrastructure-0.48
ZIPZipRecruiter Inc - Class A$351MCommunication ServicesInternet Content & Information-0.48
FATBBFAT Brands Inc. Class B Common Stock$16MConsumer CyclicalRestaurants-0.48
ETONEton Pharmaceuticals Inc$1.05BHealthcareDrug Manufacturers - Specialty & Generic-0.48
FSIFlexible Solutions International Inc$79MBasic MaterialsSpecialty Chemicals-0.47
DASHDoorDash Inc - Class A$83BConsumer CyclicalInternet Retail-0.47
CALMCal-Maine Foods Inc$4.04BConsumer DefensiveFarm Products-0.47
FRHCFreedom Holding Corp$9.66BFinancial ServicesFinancial Conglomerates-0.46
SFMSprouts Farmers Market Inc$6.93BConsumer DefensiveGrocery Stores-0.46
CARGCarGurus Inc - Class A$3.35BConsumer CyclicalAuto & Truck Dealerships-0.46
ATMVUAMC Robotics Corp - Units (1 Ord & 1 Right)$261MFinancial ServicesShell Companies-0.46
RSIRush Street Interactive Inc - Class A$1.89BConsumer CyclicalGambling-0.46
RBLXRoblox Corporation - Class A$41BCommunication ServicesElectronic Gaming & Multimedia-0.46
FORLUFour Leaf Acquisition Corp - Units (1 Ord Class A & 1 War)$44MFinancial ServicesShell Companies-0.45
THGHanover Insurance Group Inc$7.28BFinancial ServicesInsurance - Property & Casualty-0.45
TZOOTravelzoo$116MCommunication ServicesInternet Content & Information-0.45
LNGCheniere Energy Inc$54BEnergyOil & Gas Midstream-0.45
ATYRAtyr Pharma Inc$52MHealthcareBiotechnology-0.45
NCELNLS Pharmaceutics Ltd$19MHealthcareBiotechnology-0.45
NLSPNLS Pharmaceutics Ltd$29MN/AN/A-0.45
GTIMGood Times Restaurants Inc$15MConsumer CyclicalRestaurants-0.45
BANLCBL International Ltd$11MEnergyOil & Gas Midstream-0.45
CETYClean Energy Technologies Inc$9.14MIndustrialsSpecialty Industrial Machinery-0.45
ZYBTZhengye Biotechnology Holding Ltd$35MHealthcareDrug Manufacturers - Specialty & Generic-0.45
WRLDWorld Acceptance Corp$906MFinancial ServicesCredit Services-0.45
JLJ-Long Group Ltd$23MConsumer CyclicalApparel Manufacturing-0.44
AFCGAFC Gamma Inc$69MFinancial ServicesAsset Management-0.44
CVLTCommvault Systems Inc$6.03BTechnologySoftware - Application-0.44
LGCYLegacy Education Inc$149MConsumer DefensiveEducation & Training Services-0.44
FMFCKandal M Venture Ltd - Class A$4.71MConsumer CyclicalFootwear & Accessories-0.44
DRH-P-ADiamondrock Hospitality Company$5.11BN/AN/A-0.44
RELIReliance Global Group Inc$8.82MFinancial ServicesInsurance Brokers-0.44
EHCEncompass Health Corp$11BHealthcareMedical Care Facilities-0.44
CCTGCCSC Technology International Holdings Ltd - Class A$1.03MIndustrialsElectrical Equipment & Parts-0.44
NCSMNCS Multistage Holdings Inc$116MEnergyOil & Gas Equipment & Services-0.44
PENNPENN Entertainment Inc$2.82BConsumer CyclicalResorts & Casinos-0.43
MRINMarin Software Inc$2.82MTechnologySoftware - Application-0.43
KAROpenlane Inc$3.27BConsumer CyclicalAuto & Truck Dealerships-0.43
LYVLive Nation Entertainment Inc$41BCommunication ServicesEntertainment-0.43
HMNHorace Mann Educators Corp$2.09BFinancial ServicesInsurance - Property & Casualty-0.43
NEXNNexxen International Ltd$533MCommunication ServicesAdvertising Agencies-0.43
EPSMEpsium Enterprise Ltd$15MConsumer DefensiveBeverages - Wineries & Distilleries-0.43
HOWLWerewolf Therapeutics Inc$16MHealthcareBiotechnology-0.43
GLGlobe Life Inc$11BFinancial ServicesInsurance - Life-0.42

ETFs that lowly correlated with SHMD

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
NTRLFirst Trust Equity Market Neutral ETF$19M0.95%Feb 4, 2020-1.00
XCOMUltra Communication Services Select Sector ETF$384KN/AJun 2, 2026-1.00
ONGLeverage Shares 2X Long ON Daily ETF$1.90MN/AJun 1, 2026-1.00
FIYYGRANITESHARES YIELDBOOST 20Y+ TREASURIES ETF $732K1.07%May 4, 2026-0.94
ARKDARK DIET Q1 BUFFER ETF $1.50M0.89%Sep 25, 2025-0.69
GGOViShares Global Government Bond USD Hedged Active$2.90B0.39%Jun 25, 2025-0.65
CLIMCLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF $1.30M0.90%Mar 11, 2026-0.55
RBLYYIELDMAX(R) RBLX OPTION INCOME STRATEGY ETF $2.40M0.99%Jul 28, 2025-0.49
BETZROUNDHILL SPORTS BETTING & IGAMING ETF $53M0.75%Jun 3, 2020-0.48
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.48
COYYGRANITESHARES YIELDBOOST COIN ETF $21M1.07%Jul 28, 2025-0.47
RBLUT-REX 2X LONG RBLX DAILY TARGET ETF $13MN/AMar 3, 2025-0.47
SABASaba Capital Income & Opportunities Fund II$256MN/AN/A-0.46
GLLProShares UltraShort Gold -2x Shares$110MN/ADec 1, 2008-0.46
EMPBEFFICIENT MARKET PORTFOLIO PLUS ETF $23M2.21%Dec 11, 2024-0.46
DULLBank of Montreal$21MN/AFeb 21, 2023-0.45
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.45
VSTLDEFIANCE DAILY TARGET 2X LONG VST ETF $12MN/AJul 21, 2025-0.43