30 Stocks and 70 ETFs for diversifying Semtech (SMTC)
The least correlated asset to Semtech (SMTC) is ETF QCMD (Direxion Daily QCOM Bear 1X ETF). The correlation is -0.8235.
Stocks that lowly correlated with SMTC
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| APAD | Enhanced Group Inc - Class A | $161M | Financial Services | Shell Companies | -0.74 |
| JCAP | Jefferson Capital Inc | $1.06B | Financial Services | Credit Services | -0.63 |
| GLIBK | GCI Liberty Inc | $877M | Communication Services | Telecom Services | -0.60 |
| GSRM | Bitcoin Depot Inc - Class A | $54M | N/A | N/A | -0.59 |
| WYTC | Wytec International Inc | $14M | Communications Equipment | Information Technology | -0.57 |
| DGNX | Diginex Ltd | $28M | Industrials | Consulting Services | -0.57 |
| NIQ | NIQ Global Intelligence plc | $3.24B | N/A | N/A | -0.56 |
| APADU | A Paradise Acquisition Corp Unit | $67M | Financial Services | Shell Companies | -0.52 |
| GIBO | GIBO Holdings Ltd | $106M | Communication Services | Internet Content & Information | -0.52 |
| PLBL | Polibeli Group Ltd | $2.84B | Consumer Cyclical | Department Stores | -0.51 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.49 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.46 |
| ASIC | Ategrity Specialty Holdings LLC | $1.08B | Financial Services | Insurance - Property & Casualty | -0.45 |
| PVLA | Palvella Therapeutics Inc | $2.18B | Healthcare | Biotechnology | -0.44 |
| CHYM | Chime Financial Inc - Class A | $8.43B | Technology | Software - Application | -0.43 |
| MLGO | MicroAlgo Inc | $31M | Technology | Software - Infrastructure | -0.43 |
| UBXG | U-BX Technology Ltd | $6.42M | Communication Services | Advertising Agencies | -0.42 |
| RAAQ | Real Asset Acquisition Corp - Class A | $231M | Financial Services | Shell Companies | -0.42 |
| GIG | GigCapital7 Corp - Class A | $353M | Financial Services | Shell Companies | -0.42 |
| ZSPC | Zspace Inc | $2.96M | Technology | Computer Hardware | -0.40 |
| ETS | Elite Express Holding Inc - Class A | $13M | Industrials | Trucking | -0.40 |
| PGAC | Pantages Capital Acquisition Corp Cl A Ord Shs | $118M | Financial Services | Shell Companies | -0.40 |
| LGPS | LogProstyle Inc | $26M | Industrials | Conglomerates | -0.39 |
| SLDE | Slide Insurance Holdings Inc | $2.32B | Financial Services | Insurance - Property & Casualty | -0.38 |
| TFIN-P | Triumph Financial Inc Depositary Shares Series C | $531M | Financial Services | Banks - Regional | -0.38 |
| JBS | JBS N.V. - Class A | $13B | Consumer Defensive | Packaged Foods | -0.37 |
| GSHR | Gesher Acquisition Corp II - Class A | $157M | Financial Services | Shell Companies | -0.37 |
| LZMH | LZ Technology Holdings Ltd - Class B | $9.02M | Technology | Information Technology Services | -0.37 |
| LWAC | LightWave Acquisition Corp - Class A | $221M | Financial Services | Shell Companies | -0.36 |
| SCAG | Scage Future | $25M | Industrials | Farm & Heavy Construction Machinery | -0.35 |