64 Stocks and 36 ETFs for diversifying Sound Point Meridian Capital (SPMC)
The least correlated asset to Sound Point Meridian Capital (SPMC) is ETF NTRL (First Trust Equity Market Neutral ETF). The correlation is -1.
Stocks that lowly correlated with SPMC
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| PLMIU | Plum Acquisition Corp I - Units (1 Ord Share Class A & 1/5 War) | $232M | N/A | N/A | -0.88 |
| GSRM | Bitcoin Depot Inc - Class A | $54M | N/A | N/A | -0.87 |
| PTWOU | SBC Medical Group Holdings Inc - Units (1 Ord Class A & 1 War) | $1.13B | N/A | N/A | -0.83 |
| SMTK | SmartKem, Inc. Common Stock | $4.23M | Technology | Semiconductor Equipment & Materials | -0.82 |
| AACIW | Armada Acquisition Corp I - Warrants (13/08/2026) | $20M | N/A | N/A | -0.80 |
| DM | Desktop Metal Inc - Class A | $165M | N/A | N/A | -0.79 |
| OPTN | OptiNose Inc | $112M | N/A | N/A | -0.77 |
| IVCPU | AleAnna Inc - Units (1 Ord Share Class A & 1/2 War) | $308M | N/A | N/A | -0.68 |
| SLGC | SomaLogic Inc - Class A | $393M | Healthcare | Health Information Services | -0.67 |
| STBX | Starbox Group Holdings Ltd | $1.14M | Communication Services | Internet Content & Information | -0.66 |
| FRBN | Forbion European Acquisition Corp - Class A | $343M | Financial Services | Shell Companies | -0.66 |
| SOL | Emeren Group Ltd American Depositary Shares, each representing 10 shares | $100M | Technology | Solar | -0.66 |
| GRCL | Gracell Biotechnologies Inc | $990M | Healthcare | Biotechnology | -0.66 |
| CPLP | Capital Product Partners L P | $355M | N/A | N/A | -0.61 |
| NCI | Neo Concept International Group Holdings Ltd | $48M | Consumer Cyclical | Apparel Manufacturing | -0.61 |
| AVIR | Atea Pharmaceuticals Inc | $389M | Healthcare | Biotechnology | -0.58 |
| APAD | Enhanced Group Inc - Class A | $161M | Financial Services | Shell Companies | -0.58 |
| CNQ | Canadian Natural Resources Ltd | $90B | Energy | Oil & Gas E&p | -0.58 |
| BATL | Battalion Oil Corp (New) | $33M | Energy | Oil & Gas E&p | -0.57 |
| SNSE | Sensei Biotherapeutics Inc | $19M | Healthcare | Biotechnology | -0.57 |
| INR | Infinity Natural Resources Inc - Class A | $227M | Energy | Oil & Gas E&p | -0.57 |
| AVBC | Avidia Bancorp Inc | $407M | Financial Services | Banks - Regional | -0.57 |
| RIME | Algorhythm Holdings Inc | $7.56M | Technology | Consumer Electronics | -0.56 |
| COKE | Coca-Cola Consolidated Inc | $13B | Consumer Defensive | Beverages - Non-alcoholic | -0.56 |
| ANNA | AleAnna Inc - Class A | $131M | Energy | Oil & Gas E&p | -0.55 |
| ALLO | Allogene Therapeutics Inc | $465M | Healthcare | Biotechnology | -0.54 |
| SAND | Sandstorm Gold Ltd | $3.63B | Basic Materials | Gold | -0.54 |
| IMMX | Immix Biopharma Inc | $558M | Healthcare | Biotechnology | -0.53 |
| FSLY | Fastly Inc - Class A | $3.13B | Technology | Software - Application | -0.52 |
| EQV | EQV Ventures Acquisition Corp. | $466M | Financial Services | Shell Companies | -0.51 |
| AMRZ | Amrize Ltd | $28B | Basic Materials | Building Materials | -0.50 |
| NERV | Minerva Neurosciences Inc | $189M | Healthcare | Biotechnology | -0.48 |
| AM | Antero Midstream Corp | $11B | Energy | Oil & Gas Midstream | -0.48 |
| FRLAU | Fortune Rise Acquisition Corp - Units (1 Ord Share Class A & 1/2 War) | $36M | Financial Services | Shell Companies | -0.48 |
| LND | Brasilagro Companhia Brasileira De Propriedade Agricola | $368M | Consumer Defensive | Farm Products | -0.48 |
| OMCC | Old Market Capital Corp | $28M | Financial Services | Credit Services | -0.48 |
| TPH | Tri Pointe Homes, Inc. | $4B | Consumer Cyclical | Residential Construction | -0.48 |
| BEDU | Bright Scholar Education Holdings Limited American Depositary Shares, each representing four (4) Class A Ordinary Shares | $267M | Consumer Defensive | Education & Training Services | -0.48 |
| PKST | Peakstone Realty Trust | $781M | Real Estate | Reit - Office | -0.47 |
| COP | Conoco Phillips | $136B | Energy | Oil & Gas E&p | -0.47 |
| CATX | Perspective Therapeutics Inc | $367M | Healthcare | Medical Devices | -0.47 |
| XWEL | XWELL Inc | $8.56M | Healthcare | Diagnostics & Research | -0.47 |
| NAT | Nordic American Tankers Ltd | $1.30B | Energy | Oil & Gas Midstream | -0.47 |
| ADAG | Adagene Inc | $217M | Healthcare | Biotechnology | -0.47 |
| JRVR | James River Group Holdings Ltd | $203M | Financial Services | Insurance - Specialty | -0.46 |
| CGEM | Cullinan Oncology Inc | $1.10B | Healthcare | Biotechnology | -0.46 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.46 |
| WSBK | Winchester Bancorp Inc | $121M | Financial Services | Banks - Regional | -0.45 |
| PMN | ProMIS Neurosciences Inc | $126M | Healthcare | Biotechnology | -0.45 |
| PRT | PermRock Royalty Trust | $28M | Energy | Oil & Gas E&p | -0.45 |
| EONR | HNR Acquisition Corp | $21M | Energy | Oil & Gas E&p | -0.45 |
| LNKS | Linkers Industries Ltd - Class A | $16M | Industrials | Electrical Equipment & Parts | -0.44 |
| NYT | New York Times Co. - Class A | $12B | Communication Services | Publishing | -0.44 |
| ALM | Alma Metals Limited | $3.90B | Basic Materials | Other Industrial Metals & Mining | -0.44 |
| APADU | A Paradise Acquisition Corp Unit | $67M | Financial Services | Shell Companies | -0.44 |
| EQNR | Equinor ASA | $90B | Energy | Oil & Gas Integrated | -0.44 |
| VZ | Verizon Communications Inc | $180B | Communication Services | Telecom Services | -0.44 |
| CTNT | Cheetah Net Supply Chain Service Inc - Class A | $7.76M | Industrials | Integrated Freight & Logistics | -0.44 |
| VAL | Valaris Ltd | $5.33B | Energy | Oil & Gas Drilling | -0.43 |
| BSM | Black Stone Minerals L.P. | $3.03B | Energy | Oil & Gas E&p | -0.43 |
| DVN | Devon Energy Corp | $53B | Energy | Oil & Gas E&p | -0.43 |
| CABO | Cable One Inc | $228M | Communication Services | Telecom Services | -0.43 |
| IRD | Ocuphire Pharma Inc | $248M | Healthcare | Biotechnology | -0.43 |
| HCA | HCA Healthcare Inc | $84B | Healthcare | Medical Care Facilities | -0.43 |