26 Stocks and 74 ETFs for diversifying TELA Bio (TELA)
The least correlated asset to TELA Bio (TELA) is company Enhanced Group (APAD). The correlation is -0.8378.
Stocks that lowly correlated with TELA
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| APAD | Enhanced Group Inc - Class A | $161M | Financial Services | Shell Companies | -0.84 |
| LGPS | LogProstyle Inc | $26M | Industrials | Conglomerates | -0.60 |
| WTGUR | Wintergreen Acquisition Corp | $237K | N/A | N/A | -0.53 |
| GLIBK | GCI Liberty Inc | $877M | Communication Services | Telecom Services | -0.53 |
| SDHI | Siddhi Acquisition Corp - Class A | $288M | Financial Services | Shell Companies | -0.53 |
| GSRM | Bitcoin Depot Inc - Class A | $54M | N/A | N/A | -0.52 |
| NAMI | Jinxin Technology Holding Company | $7.41M | Communication Services | Internet Content & Information | -0.51 |
| WGRX | Wellgistics Health Inc | $6.79M | Healthcare | Pharmaceutical Retailers | -0.50 |
| WSBK | Winchester Bancorp Inc | $121M | Financial Services | Banks - Regional | -0.50 |
| AVBC | Avidia Bancorp Inc | $407M | Financial Services | Banks - Regional | -0.50 |
| LCCC | Lakeshore Acquisition III Corp | $72M | Financial Services | Shell Companies | -0.47 |
| APADU | A Paradise Acquisition Corp Unit | $67M | Financial Services | Shell Companies | -0.46 |
| GIG | GigCapital7 Corp - Class A | $353M | Financial Services | Shell Companies | -0.45 |
| LSBK | Lake Shore Bancorp Inc | $134M | Financial Services | Banks - Regional | -0.45 |
| AUGO | Aura Minerals Inc | $4.54B | Basic Materials | Gold | -0.43 |
| JBS | JBS N.V. - Class A | $13B | Consumer Defensive | Packaged Foods | -0.42 |
| GRDN | Guardian Pharmacy Services Inc | $2.54B | Healthcare | Medical Care Facilities | -0.40 |
| GATE | VISTASHARES TARGET 15 GATE ENDOWMENT DISTRIBUTION ETF | $425M | Financial Services | Shell Companies | -0.40 |
| GATEU | Marblegate Acquisition Corp - Units (1 Ord Share Class A & 1/2 War) | $340M | Financial Services | Shell Companies | -0.40 |
| PMI | Picard Medical Inc | $11M | Healthcare | Medical Devices | -0.40 |
| EPWK | EPWK Holdings Ltd - Class A | $9.78K | Technology | Software - Application | -0.40 |
| SOL | Emeren Group Ltd American Depositary Shares, each representing 10 shares | $100M | Technology | Solar | -0.39 |
| SZZLR | Sizzle Acquisition Corp II | $1.47M | N/A | N/A | -0.39 |
| GET | GetnetAdquirencia e Servicos para Meios de Pagamento S.A. - Instituica | $88M | N/A | N/A | -0.38 |
| AMRZ | Amrize Ltd | $28B | Basic Materials | Building Materials | -0.37 |
| KMTS | Kestra Medical Technologies Ltd | $1.44B | Healthcare | Medical Instruments & Supplies | -0.37 |