69 Stocks and 31 ETFs for diversifying Sound Point Meridian Capital (SPMC)
The least correlated asset to Sound Point Meridian Capital (SPMC) is ETF CLIM (CLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF). The correlation is -0.9718.
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 |
| PTWOU | SBC Medical Group Holdings Inc - Units (1 Ord Class A & 1 War) | $1.13B | N/A | N/A | -0.83 |
| AACIW | Armada Acquisition Corp I - Warrants (13/08/2026) | $20M | N/A | N/A | -0.82 |
| 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 |
| STBX | Starbox Group Holdings Ltd | $1.14M | Communication Services | Internet Content & Information | -0.68 |
| SLGC | SomaLogic Inc - Class A | $393M | Healthcare | Health Information Services | -0.67 |
| SOL | Emeren Group Ltd American Depositary Shares, each representing 10 shares | $100M | Technology | Solar | -0.67 |
| GRCL | Gracell Biotechnologies Inc | $990M | Healthcare | Biotechnology | -0.67 |
| FRBN | Forbion European Acquisition Corp - Class A | $343M | Financial Services | Shell Companies | -0.67 |
| NCI | Neo Concept International Group Holdings Ltd | $22M | Consumer Cyclical | Apparel Manufacturing | -0.62 |
| CPLP | Capital Product Partners L P | $355M | N/A | N/A | -0.61 |
| CNQ | Canadian Natural Resources Ltd | $96B | Energy | Oil & Gas E&p | -0.61 |
| RIBBU | Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $56M | Financial Services | Shell Companies | -0.60 |
| AVIR | Atea Pharmaceuticals Inc | $364M | Healthcare | Biotechnology | -0.59 |
| SNSE | Sensei Biotherapeutics Inc | $22M | Healthcare | Biotechnology | -0.59 |
| INR | Infinity Natural Resources Inc - Class A | $239M | Energy | Oil & Gas E&p | -0.58 |
| BATL | Battalion Oil Corp (New) | $30M | Energy | Oil & Gas E&p | -0.58 |
| RIME | Algorhythm Holdings Inc | $11M | Technology | Consumer Electronics | -0.56 |
| COKE | Coca-Cola Consolidated Inc | $13B | Consumer Defensive | Beverages - Non-alcoholic | -0.56 |
| ASIC | Ategrity Specialty Holdings LLC | $969M | Financial Services | Insurance - Property & Casualty | -0.56 |
| AMRZ | Amrize Ltd | $29B | Basic Materials | Building Materials | -0.55 |
| ANNA | AleAnna Inc - Class A | $122M | Energy | Oil & Gas E&p | -0.55 |
| ALLO | Allogene Therapeutics Inc | $551M | Healthcare | Biotechnology | -0.54 |
| SAND | Sandstorm Gold Ltd | $3.63B | Basic Materials | Gold | -0.54 |
| IMMX | Immix Biopharma Inc | $463M | Healthcare | Biotechnology | -0.53 |
| FSLY | Fastly Inc - Class A | $2.62B | Technology | Software - Application | -0.51 |
| EQV | EQV Ventures Acquisition Corp. | $466M | Financial Services | Shell Companies | -0.51 |
| NERV | Minerva Neurosciences Inc | $231M | Healthcare | Biotechnology | -0.49 |
| FRLAU | Fortune Rise Acquisition Corp - Units (1 Ord Share Class A & 1/2 War) | $36M | Financial Services | Shell Companies | -0.49 |
| OMCC | Old Market Capital Corp | $29M | Financial Services | Credit Services | -0.49 |
| LND | Brasilagro Companhia Brasileira De Propriedade Agricola | $379M | Consumer Defensive | Farm Products | -0.49 |
| COP | Conoco Phillips | $141B | Energy | Oil & Gas E&p | -0.48 |
| VZ | Verizon Communications Inc | $203B | Communication Services | Telecom Services | -0.48 |
| XWEL | XWELL Inc | $11M | Healthcare | Diagnostics & Research | -0.48 |
| TPH | Tri Pointe Homes, Inc. | $4B | Consumer Cyclical | Residential Construction | -0.48 |
| AM | Antero Midstream Corp | $10B | Energy | Oil & Gas Midstream | -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 |
| CGEM | Cullinan Oncology Inc | $954M | Healthcare | Biotechnology | -0.47 |
| PKST | Peakstone Realty Trust | $781M | Real Estate | Reit - Office | -0.47 |
| CATX | Perspective Therapeutics Inc | $475M | Healthcare | Medical Devices | -0.47 |
| ADAG | Adagene Inc | $237M | Healthcare | Biotechnology | -0.47 |
| TRX | TRX Gold Corp | $331M | Basic Materials | Gold | -0.46 |
| LNKS | Linkers Industries Ltd - Class A | $16M | Industrials | Electrical Equipment & Parts | -0.46 |
| NAT | Nordic American Tankers Ltd | $1.11B | Energy | Oil & Gas Midstream | -0.46 |
| JRVR | James River Group Holdings Ltd | $184M | Financial Services | Insurance - Specialty | -0.46 |
| PMN | ProMIS Neurosciences Inc | $94M | Healthcare | Biotechnology | -0.46 |
| VAL | Valaris Ltd | $6.37B | Energy | Oil & Gas Drilling | -0.45 |
| NYT | New York Times Co. - Class A | $12B | Communication Services | Publishing | -0.45 |
| TMDE | TMD Energy Ltd | $18M | Energy | Oil & Gas Midstream | -0.45 |
| WSBK | Winchester Bancorp Inc | $119M | Financial Services | Banks - Regional | -0.45 |
| EQNR | Equinor ASA | $91B | Energy | Oil & Gas Integrated | -0.45 |
| EONR | HNR Acquisition Corp | $22M | Energy | Oil & Gas E&p | -0.45 |
| IRD | Ocuphire Pharma Inc | $296M | Healthcare | Biotechnology | -0.45 |
| HTFB | Horizon Technology Finance Corp | $1.14B | N/A | N/A | -0.44 |
| PRT | PermRock Royalty Trust | $23M | Energy | Oil & Gas E&p | -0.44 |
| TTE | TotalEnergies SE | $188B | Energy | Oil & Gas Integrated | -0.44 |
| XOM | Exxon Mobil Corp | $613B | Energy | Oil & Gas Integrated | -0.44 |
| DVN | Devon Energy Corp | $55B | Energy | Oil & Gas E&p | -0.44 |
| SHEL | Shell Plc ADR (Representing - ) | $239B | Energy | Oil & Gas Integrated | -0.44 |
| ENSG | Ensign Group Inc | $10B | Healthcare | Medical Care Facilities | -0.44 |
| NTR | Nutrien Ltd | $33B | Basic Materials | Agricultural Inputs | -0.43 |
| IPODU | Dune Acquisition Corp II - Units (1 Ord Cls A & 1 War) | $156M | Financial Services | Shell Companies | -0.43 |
| CTNT | Cheetah Net Supply Chain Service Inc - Class A | $7.76M | Industrials | Integrated Freight & Logistics | -0.43 |
| RBKB | Rhinebeck Bancorp Inc | $173M | Financial Services | Banks - Regional | -0.43 |
| E | Eni Spa | $79B | Energy | Oil & Gas Integrated | -0.43 |
| BSM | Black Stone Minerals L.P. | $2.82B | Energy | Oil & Gas E&p | -0.43 |
| CABO | Cable One Inc | $309M | Communication Services | Telecom Services | -0.43 |