50 Stocks and 50 ETFs for diversifying Telefonica, S.A. (TEF)
The least correlated asset to Telefonica, S.A. (TEF) is ETF MSDD (GRANITESHARES 2X SHORT MSTR DAILY ETF). The correlation is -0.7412.
Stocks that lowly correlated with TEF
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| HBNB | Hotel101 Global Holdings Corp | $1.36B | Real Estate | Real Estate Services | -0.74 |
| RHLD | Resolute Holdings Management Inc | $948M | Industrials | Specialty Business Services | -0.71 |
| COLAR | Columbus Acquisition Corp Rights | $1.07M | N/A | N/A | -0.67 |
| CHACU | Crane Harbor Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $72M | Financial Services | Shell Companies | -0.67 |
| CSAI | Cloudastructure Inc - Class A | $8.98M | Technology | Software - Infrastructure | -0.61 |
| PMTV | Pennymac Mortgage Investment Trust | $2.20B | N/A | N/A | -0.59 |
| SNDK | Sandisk Corp | $235B | Technology | Computer Hardware | -0.58 |
| FLOC | Flowco Holdings Inc - Class A | $2.18B | Energy | Oil & Gas Equipment & Services | -0.56 |
| APUS | Apimeds Pharmaceuticals US Inc | $1.82M | Healthcare | Drug Manufacturers - Specialty & Generic | -0.54 |
| BKV | BKV Corp | $2.91B | Energy | Oil & Gas E&p | -0.54 |
| JCAP | Jefferson Capital Inc | $950M | Financial Services | Credit Services | -0.53 |
| DYCQU | DT Cloud Acquisition Corp - Units (1 Ord & 1 Right) | $26M | Financial Services | Shell Companies | -0.52 |
| FIGXU | FIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War) | $35M | Financial Services | Shell Companies | -0.52 |
| SDHI | Siddhi Acquisition Corp - Class A | $287M | Financial Services | Shell Companies | -0.49 |
| SMC | Summit Midstream Corp | $352M | Energy | Oil & Gas Midstream | -0.49 |
| TACH | Titan Acquisition Corp - Class A | $286M | Financial Services | Shell Companies | -0.49 |
| DTSQ | DT Cloud Star Acquisition Corp | $70M | Financial Services | Shell Companies | -0.45 |
| INBX | Inhibrx Biosciences Inc | $1.50B | Healthcare | Biotechnology | -0.45 |
| NYAX | Nayax Ltd | $3.09B | Technology | Software - Infrastructure | -0.44 |
| TACHU | Titan Acquisition Corp - Units (1 Ord Cls A & 1/2 War) | $691M | Financial Services | Shell Companies | -0.42 |
| AOMD | Angel Oak Mortgage REIT Inc | $622M | N/A | N/A | -0.41 |
| SLDE | Slide Insurance Holdings Inc | $2.20B | Financial Services | Insurance - Property & Casualty | -0.41 |
| SDHIR | Siddhi Acquisition Corp | $1.38M | N/A | N/A | -0.41 |
| HTCO | Caravelle International Group | $38M | Industrials | Marine Shipping | -0.40 |
| PTLE | PTL Ltd | $70M | Consumer Cyclical | Specialty Retail | -0.39 |
| NDACU | NightDragon Acquisition Corp - Units (1 Ord Share Class A & 1/5 War) | $444M | N/A | N/A | -0.39 |
| LCCC | Lakeshore Acquisition III Corp | $72M | Financial Services | Shell Companies | -0.38 |
| CHPG | ChampionsGate Acquisition Corp - Class A | $77M | Financial Services | Shell Companies | -0.38 |
| IROHR | CN Healthy Food Tech Group Corp | $35M | N/A | N/A | -0.38 |
| DICE | DICE Therapeutics Inc | $2.25B | N/A | N/A | -0.37 |
| PLMKU | Plum Acquisition Corp IV - Units (1 Ord cls A & 1/2 Warr) | $54M | Financial Services | Shell Companies | -0.37 |
| OHPA | Orion Acquisition Corp - Class A | $417M | N/A | N/A | -0.37 |
| JCICU | Jack Creek Investment Corp - Units (1 Ord Share Class A & 1/2 War) | $432M | N/A | N/A | -0.37 |
| VSTS | Vestis Corporation | $1.58B | Industrials | Rental & Leasing Services | -0.36 |
| PODC | PodcastOne Inc | $134M | Communication Services | Internet Content & Information | -0.36 |
| IPXXU | USA Rare Earth Inc - Units (1 Ord Class A & 1/2 Warr) | $66M | N/A | N/A | -0.36 |
| ADVB | Advanced Biomed Inc | $5.36M | Healthcare | Diagnostics & Research | -0.36 |
| PROP | Prairie Operating Co. Common Stock | $81M | Energy | Oil & Gas E&p | -0.36 |
| MBX | MBX Biosciences Inc | $1.52B | Healthcare | Biotechnology | -0.35 |
| GRDN | Guardian Pharmacy Services Inc | $2.49B | Healthcare | Medical Care Facilities | -0.35 |
| BACQU | Merlin Inc - Units (1Ord Class A & 1 Rights) | $781M | Financial Services | Shell Companies | -0.34 |
| HUHU | HUHUTECH International Group Inc | $224M | Industrials | Specialty Industrial Machinery | -0.34 |
| KMTS | Kestra Medical Technologies Ltd | $1.23B | Healthcare | Medical Instruments & Supplies | -0.34 |
| TERN | Terns Pharmaceuticals Inc | $5.95B | Healthcare | Biotechnology | -0.34 |
| SZZLR | Sizzle Acquisition Corp II | $1.07M | N/A | N/A | -0.33 |
| TRDA | Entrada Therapeutics Inc | $257M | Healthcare | Biotechnology | -0.33 |
| VCKAU | Scilex Holding Company - Units (1 Ord & 1/2 War) | $37M | N/A | N/A | -0.33 |
| OMSE | OMS Energy Technologies Inc | $201M | Energy | Oil & Gas Equipment & Services | -0.33 |
| NDAC | NightDragon Acquisition Corp - Class A | $445M | N/A | N/A | -0.33 |
| NOEMU | CO2 Energy Transition Corp - Units (1 Ord1 War & 1 Rts) | $77M | Financial Services | Shell Companies | -0.33 |