19 Stocks and 81 ETFs for diversifying Steel Dynamics (STLD)
The least correlated asset to Steel Dynamics (STLD) is ETF WZRD (Opportunistic Trader ETF). The correlation is -0.728.
Stocks that lowly correlated with STLD
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| TMDE | TMD Energy Ltd | $18M | Energy | Oil & Gas Midstream | -0.63 |
| RIBBU | Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $56M | Financial Services | Shell Companies | -0.63 |
| CDTG | CDT Environmental Technology Investment Holdings Ltd | $3.77M | Industrials | Waste Management | -0.49 |
| MOBX | Mobix Labs Inc - Class A | $20M | Technology | Semiconductors | -0.45 |
| AIRO | AIRO Group Holdings Inc | $229M | Industrials | Aerospace & Defense | -0.43 |
| UBXG | U-BX Technology Ltd | $37M | Technology | Software - Infrastructure | -0.42 |
| SLXN | Silexion Therapeutics Corp | $1.30M | Healthcare | Biotechnology | -0.42 |
| IPXXU | USA Rare Earth Inc - Units (1 Ord Class A & 1/2 Warr) | $66M | N/A | N/A | -0.41 |
| CJMB | Callan Jmb Inc | $4.15M | Industrials | Integrated Freight & Logistics | -0.41 |
| FIGXU | FIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War) | $35M | Financial Services | Shell Companies | -0.40 |
| CRCL | Circle Internet Group Inc - Class A | $25B | Financial Services | Capital Markets | -0.40 |
| INHD | Inno Holdings Inc | $9.59M | Basic Materials | Steel | -0.40 |
| QETAR | Quetta Acquisition Corp | $1.33M | N/A | N/A | -0.40 |
| OSTX | OS Therapies Inc | $74M | Healthcare | Biotechnology | -0.40 |
| FLAC | Frazier Lifesciences Acquisition Corp - Class A | $175M | N/A | N/A | -0.40 |
| MENS | Jyong Biotech Ltd | $164M | Healthcare | Biotechnology | -0.38 |
| ZSPC | Zspace Inc | $2.96M | Technology | Computer Hardware | -0.37 |
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $20M | Financial Services | Shell Companies | -0.37 |
| ZENA | ZenaTech Inc | $97M | Technology | Software - Infrastructure | -0.37 |