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51 Stocks and 49 ETFs for diversifying Teekay Tankers (TNK)

The least correlated asset to Teekay Tankers (TNK) is company Blue Owl Technology Finance (OTF). The correlation is -0.7348.

Stocks that lowly correlated with TNK

SymbolName
Market cap
SectorIndustry
Correlation
OTFBlue Owl Technology Finance Corp$4.94BFinancial ServicesAsset Management-0.73
CHYMChime Financial Inc - Class A$6.59BTechnologySoftware - Application-0.63
HPAIHelport AI Ltd$33MTechnologySoftware - Infrastructure-0.59
BULLWebull Corporation$2.47BTechnologySoftware - Application-0.53
CAICaris Life Sciences Inc - Class A$4.35BHealthcareBiotechnology-0.51
UMACUnusual Machines Inc$900MTechnologyComputer Hardware-0.50
TWFGTWFG Inc - Class A$275MFinancial ServicesInsurance Brokers-0.50
BOWBowhead Specialty Holdings Inc$886MFinancial ServicesInsurance - Property & Casualty-0.47
HNGEHinge Health Inc - Class A$4.21BHealthcareHealth Information Services-0.47
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.46
LIONULionheart III Corp - Units (1 Ord Share Class A & 1/2 War)$113MN/AN/A-0.46
DXYZDestiny Tech100 Inc$629MFinancial ServicesAsset Management-0.46
CHAChagee Holdings Ltd$1.65BConsumer CyclicalRestaurants-0.45
CRCLCircle Internet Group Inc - Class A$25BFinancial ServicesCapital Markets-0.45
EHGOEshallgo Inc - Class A$2.55MIndustrialsBusiness Equipment & Supplies-0.44
JYDJayud Global Logistics Ltd - Class A$1.63MIndustrialsIntegrated Freight & Logistics-0.44
ASPCAlpha Capital Acquisition Co - Class A$17MFinancial ServicesShell Companies-0.44
RIBBRRibbon Acquisition Corp Rights$277KN/AN/A-0.41
PRDSPardes Biosciences Inc$129MN/AN/A-0.41
YYGHYY Group Holding Ltd - Class A$12MConsumer CyclicalPersonal Services-0.41
HCHLHappy City Holdings Ltd - Class A$59MConsumer CyclicalRestaurants-0.41
ARAIArrive AI Inc$26MTechnologyScientific & Technical Instruments-0.40
NMAXNewsmax Inc Class B$1BCommunication ServicesBroadcasting-0.39
NNNNAnbio Biotechnology - Class A$1.43BHealthcareMedical Instruments & Supplies-0.38
YBYuanbao Inc$971MTechnologySoftware - Application-0.38
TPETTrio Petroleum Corp$3.76MEnergyOil & Gas E&p-0.37
PNSkycorp Solar Group Ltd - Series A$100MTechnologySolar-0.37
AZIAutozi Internet Technology (Global) Ltd - Class A$9.05MConsumer CyclicalAuto & Truck Dealerships-0.37
MDCXMedicus Pharma Ltd. Common Stock$12MN/AN/A-0.37
VOYGVoyager Technologies Inc - Class A$2.83BIndustrialsAerospace & Defense-0.36
ACHR-WSArcher Aviation Inc Wt$159MN/AN/A-0.36
RBRKRubrik Inc - Class A$13BTechnologySoftware - Infrastructure-0.36
RETOReTo Eco-Solutions Inc$6.13MBasic MaterialsBuilding Materials-0.36
BILLBILL Holdings Inc$3.44BTechnologySoftware - Application-0.35
PHOEPhoenix Asia Holdings Ltd$344MIndustrialsEngineering & Construction-0.35
RYMAgrify Corp$58MConsumer DefensiveTobacco-0.35
TTANServiceTitan Inc - Class A$5.85BTechnologySoftware - Application-0.34
CHARRCharlton Aria Acquisition Corporation Rights$226KN/AN/A-0.34
ADOCRAustralian Oilseeds Holdings Ltd$985KN/AN/A-0.34
NEWTZNewtekOne Inc$720MN/AOther-0.33
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.33
SURFSurface Oncology Inc$65MN/AN/A-0.33
IONQ-WSIonQ Inc Wt$20BN/AN/A-0.33
FSVFirstService Corp$6.16BReal EstateReal Estate Services-0.33
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.33
EZBCFranklin Templeton Digital Holdings Trust$429MN/AN/A-0.32
WAYWaystar Holding Corp$3.65BHealthcareHealth Information Services-0.32
DGXXDigi Power X Inc (Sub voting)$559MUtilitiesUtilities - Independent Power Producers-0.32
BTCWWisdomTree Bitcoin Fund$162MN/AN/A-0.32
AACTAres Acquisition Corporation II - Class A$588MFinancial ServicesShell Companies-0.32
JEM707 Cayman Holdings Ltd$1.99MConsumer CyclicalApparel Retail-0.32

ETFs that lowly correlated with TNK

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
ZMAYInnovator Equity Defined Protection ETF 1 Yr May$34M0.79%Apr 30, 2025-0.55
PLTGLEVERAGE SHARES 2X LONG PLTR DAILY ETF $26MN/AApr 24, 2025-0.54
XYZGLEVERAGE SHARES 2X LONG XYZ DAILY ETF $3.60MN/AApr 3, 2025-0.54
NMAYInnovator Growth100 Power Buffer ETF May$14M0.79%Apr 30, 2025-0.51
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.49
HOOYYIELDMAX(R) HOOD OPTION INCOME STRATEGY ETF $102M0.99%May 7, 2025-0.48
PTIRGRANITESHARES 2X LONG PLTR DAILY ETF $408MN/ASep 4, 2024-0.48
COIIREX COIN GROWTH & INCOME ETF $2.80MN/AJun 3, 2025-0.46
HOOWROUNDHILL HOOD WEEKLYPAY ETF $113MN/AJun 17, 2025-0.46
BFIXBUILD BOND INNOVATION ETF $13M0.45%Feb 9, 2022-0.45
KMAYInnovator U.S. Small Cap Power Buffer ETF May$14M0.79%Apr 30, 2025-0.44
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.43
MSTUT-REX 2X LONG MSTR DAILY TARGET ETF $616MN/ASep 17, 2024-0.43
PLTYYieldMax PLTR Option Income Strategy ETF$348M1.07%Oct 7, 2024-0.40
XXVSIMPLIFY ANCORATO TARGET 25 DISTRIBUTION ETF $48M0.85%Nov 17, 2025-0.39
NVIIREX NVDA GROWTH & INCOME ETF $92MN/AMay 27, 2025-0.39
MSTXDefiance Daily Target 2x Long MSTR ETF$388MN/AAug 14, 2024-0.38
TBILF/M US TREASURY 3 MONTH BILL ETF $7.10B0.15%Aug 8, 2022-0.36
BGRNISHARES USD GREEN BOND ETF $470M0.20%Nov 13, 2018-0.36
ARCXTRADR 2X LONG ACHR DAILY ETF$11MN/AJun 9, 2025-0.36
BIGYYIELDMAX(R) TARGET 12(TM) BIG 50 OPTION INCOME ETF $26M1.09%Nov 20, 2024-0.35
CRMGLEVERAGE SHARES 2X LONG CRM DAILY ETF $31MN/AFeb 9, 2026-0.35
BSMQINVESCO BULLETSHARES 2026 MUNICIPAL BOND ETF $304M0.18%Sep 25, 2019-0.35
RBProShares Russell 2000 Dynamic Buffer ETF$1.10M0.58%Jun 24, 2025-0.34
NVYYGraniteShares YieldBOOST NVDA ETF$59M1.15%May 12, 2025-0.34
BABINVESCO TAXABLE MUNICIPAL BOND ETF $1B0.28%Nov 17, 2009-0.34
IBDTISHARES IBONDS DEC 2028 TERM CORPORATE ETF $3.80B0.10%Sep 18, 2018-0.34
METWROUNDHILL META WEEKLYPAY ETF $27MN/AJun 17, 2025-0.34
IBMOISHARES IBONDS DEC 2026 TERM MUNI BOND ETF $582M0.18%Apr 2, 2019-0.33
BTRNGLOBAL X BITCOIN TREND STRATEGY ETF $1.90M0.95%Mar 20, 2024-0.33
MSIIREX MSTR GROWTH & INCOME ETF $4.40MN/AJun 3, 2025-0.33
TYLDCAMBRIA TACTICAL YIELD ETF $33M0.59%Jan 3, 2024-0.33
SPSKSP FUNDS DOW JONES GLOBAL SUKUK ETF $473M0.50%Dec 27, 2019-0.33
BTCINEOS BITCOIN HIGH INCOME ETF $1.20B0.99%Oct 16, 2024-0.33
BSMTINVESCO BULLETSHARES 2029 MUNICIPAL BOND ETF $260M0.18%Sep 25, 2019-0.33
BSCSINVESCO BULLETSHARES 2028 CORPORATE BOND ETF $3.40B0.10%Aug 9, 2018-0.33
IBMPISHARES IBONDS DEC 2027 TERM MUNI BOND ETF $632M0.18%Apr 9, 2019-0.33
FBTCFidelity Wise Origin Bitcoin Fund$14B0.25%Jan 10, 2024-0.32
BRRRValkyrie Bitcoin Fund$490MN/AJan 10, 2024-0.32
ARKBARK 21Shares Bitcoin ETF$2.80B0.21%Jan 10, 2024-0.32
BITBBitwise Bitcoin ETF$2.90B0.20%Jan 10, 2024-0.32
IBITiShares Bitcoin Trust$62B0.25%Jan 5, 2024-0.32
BTCGrayscale Bitcoin Mini Trust ETF$4B0.15%Jul 31, 2024-0.32
BTCOInvesco Galaxy Bitcoin ETF$516M0.25%Jan 11, 2024-0.32
BSMRINVESCO BULLETSHARES 2027 MUNICIPAL BOND ETF $337M0.18%Sep 25, 2019-0.32
IBTKISHARES IBONDS DEC 2030 TERM TREASURY ETF $856M0.07%Jul 14, 2020-0.32
DEFIHashdex Bitcoin Futures ETF$10M0.25%Sep 15, 2022-0.32
XRPIVolatility Shares Trust XRP ETF$110M0.94%May 22, 2025-0.32
BTCLT-REX 2X LONG BITCOIN DAILY TARGET ETF $34MN/AJul 9, 2024-0.32