74 Stocks and 26 ETFs for diversifying Ultrapar Participacoes S.A. (UGP)
The least correlated asset to Ultrapar Participacoes S.A. (UGP) is ETF BZQ (ProShares UltraShort MSCI Brazil Capped ETF -2x Shares). The correlation is -0.7862.
Stocks that lowly correlated with UGP
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| BSAA | BEST SPAC I Acquisition Corp - Class A | $63M | Financial Services | Shell Companies | -0.71 |
| CHA | Chagee Holdings Ltd | $1.84B | Consumer Cyclical | Restaurants | -0.69 |
| CRE | Cre8 Enterprise Ltd Class A | $6.60M | Industrials | Specialty Business Services | -0.67 |
| NHIC | NewHold Investment Corp III - Class A | $202M | N/A | N/A | -0.66 |
| ELOG | Eastern International Ltd | $9.59M | Industrials | Integrated Freight & Logistics | -0.65 |
| AXIN | Axiom Intelligence Acquisition Corp 1 - Class A | $341M | Financial Services | Shell Companies | -0.65 |
| GENVR | Gen Digital Inc | $843M | N/A | N/A | -0.65 |
| JEM | 707 Cayman Holdings Ltd | $3.49M | Consumer Cyclical | Apparel Retail | -0.65 |
| NHICU | NewHold Investment Corp III - Units (1 Ord Cls A & 1/2 War) | $210M | N/A | N/A | -0.64 |
| STAK | Stak Inc | $55M | Energy | Oil & Gas Equipment & Services | -0.62 |
| IPODU | Dune Acquisition Corp II - Units (1 Ord Cls A & 1 War) | $156M | Financial Services | Shell Companies | -0.61 |
| AACBU | Artius II Acquisition Inc - Units (1 Ord Shs & 1 Rts) | $235M | Financial Services | Shell Companies | -0.60 |
| CGCT | Cartesian Growth Corporation III Class A Ordinary Shares | $283M | Financial Services | Shell Companies | -0.59 |
| RAL | RALSTON PURINA CO | $7.56B | Technology | Electronic Components | -0.58 |
| SDHIR | Siddhi Acquisition Corp | $1.13M | N/A | N/A | -0.57 |
| FGMCU | FG Merger II Corp - Units (1 Ord & 1/2 War) | $91M | Financial Services | Shell Companies | -0.56 |
| NHICW | NewHold Investment Corp III - Warrants (01/01/9999) | $171M | N/A | N/A | -0.55 |
| GTERR | Globa Terra Acquisition Corporation Rights | $407K | N/A | N/A | -0.55 |
| BMHL | Bluemount Holdings Ltd | $146M | Financial Services | Capital Markets | -0.55 |
| CUPR | Cuprina Holdings (Cayman) Ltd - Class A | $11M | Healthcare | Medical Instruments & Supplies | -0.53 |
| LCCCR | Lakeshore Acquisition III Corp | $349K | N/A | N/A | -0.53 |
| GELS | Gelteq Ltd | $5.56M | Healthcare | Drug Manufacturers - Specialty & Generic | -0.53 |
| HCHL | Happy City Holdings Ltd - Class A | $59M | Consumer Cyclical | Restaurants | -0.52 |
| AIRJW | Montana Technologies Corp Wt Exp | $1.70M | N/A | N/A | -0.51 |
| BGM | Qilian International Holding Group Ltd - Class A | $7.45M | Healthcare | Drug Manufacturers - Specialty & Generic | -0.51 |
| WWACU | Aeries Technology Inc - Units (1 Ord Class A & 1/2 War) | $41M | N/A | N/A | -0.50 |
| TDACU | Translational Development Acquisition Corp - Units (1 Ord Cls A & 1/2 War) | $26M | Financial Services | Shell Companies | -0.50 |
| HTLM | HomesToLife Ltd | $168M | Consumer Cyclical | Specialty Retail | -0.50 |
| RBRK | Rubrik Inc - Class A | $16B | Technology | Software - Infrastructure | -0.49 |
| GRAN | Grande Group Ltd - Class A | $35M | Financial Services | Capital Markets | -0.49 |
| TAVIU | Tavia Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $123M | Financial Services | Shell Companies | -0.48 |
| FGMC | FG Merger II Corp | $83M | Financial Services | Shell Companies | -0.48 |
| SIMAU | SIM Acquisition Corp I | $251M | Financial Services | Shell Companies | -0.48 |
| LCCCU | Lakeshore Acquisition III Corp - Units (1 Ord Shs & 1 Rts) | $21M | Financial Services | Shell Companies | -0.47 |
| DMAAU | Drugs Made In America Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $247M | Financial Services | Shell Companies | -0.47 |
| TOPP | Toppoint Holdings Inc | $15M | Industrials | Trucking | -0.47 |
| RECT | Rectitude Holdings Ltd | $18M | Consumer Cyclical | Specialty Retail | -0.47 |
| RIBBU | Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $56M | Financial Services | Shell Companies | -0.47 |
| HRYU | Global Interactive Technologies Inc | $760K | Communication Services | Internet Content & Information | -0.46 |
| OTF | Blue Owl Technology Finance Corp | $4.79B | Financial Services | Asset Management | -0.46 |
| WETO | Wetour Robotics Ltd | $11M | Technology | Software - Infrastructure | -0.45 |
| HMR | Sports Properties Acquisition Corp | $65M | Industrials | Marine Shipping | -0.45 |
| AIFU | AIFU Inc - Class A | $360M | Financial Services | Insurance Brokers | -0.45 |
| FIG | Figma Inc - Class A | $12B | Technology | Software - Application | -0.45 |
| NNE | Nano Nuclear Energy Inc | $931M | Industrials | Specialty Industrial Machinery | -0.45 |
| MASK | 3 E Network Technology Group Ltd - Class A | $1.60M | Technology | Software - Application | -0.45 |
| DXST | Decent Holding Inc | $1.65M | Industrials | Waste Management | -0.44 |
| AMAO | American Acquisition Opportunity Inc - Class A | $118M | N/A | N/A | -0.44 |
| CV | CapsoVision Inc | $315M | Healthcare | Medical Devices | -0.44 |
| IPXXU | USA Rare Earth Inc - Units (1 Ord Class A & 1/2 Warr) | $66M | N/A | N/A | -0.44 |
| IBG | Innovation Beverage Group Ltd | $1.60M | Consumer Defensive | Beverages - Wineries & Distilleries | -0.43 |
| PN | Skycorp Solar Group Ltd - Series A | $91M | Technology | Solar | -0.43 |
| SAIL | Sailpoint Inc | $8.58B | Technology | Software - Infrastructure | -0.43 |
| DRDBU | Roman DBDR Acquisition Corp II - Units (1 Ord Cls A & 1/2 War) | $244M | Financial Services | Shell Companies | -0.42 |
| NTCL | NetClass Technology Inc - Class A | $8.13M | Technology | Software - Application | -0.42 |
| UMAC | Unusual Machines Inc | $885M | Technology | Computer Hardware | -0.42 |
| SPKLU | Spark I Acquisition Corp - Units (1 Ord Class A & 1/2 War) | $82M | Financial Services | Shell Companies | -0.42 |
| KVACU | Keen Vision Acquisition Corp - Units (1 Ord & 1 War) | $53M | Financial Services | Shell Companies | -0.42 |
| UYSCU | UY Scuti Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $56M | Financial Services | Shell Companies | -0.42 |
| GBRG | SunCar Technology Group Inc | $11M | N/A | N/A | -0.42 |
| ARX | Accelerant Holdings - Class A | $2.82B | Financial Services | Insurance Brokers | -0.42 |
| STRZ | Starz Entertainment Corp | $468M | Communication Services | Entertainment | -0.41 |
| BEAGR | Bold Eagle Acquisition Corp Right | $1.50M | N/A | N/A | -0.41 |
| GPUS | Hyperscale Data Inc Com Par | $44M | Industrials | Conglomerates | -0.41 |
| HNGE | Hinge Health Inc - Class A | $6.74B | Healthcare | Health Information Services | -0.41 |
| TDAC | Translational Development Acquisition Corp. Ordinary Shares | $185M | Financial Services | Shell Companies | -0.41 |
| PRZO | ParaZero Technologies Ltd | $10M | Industrials | Aerospace & Defense | -0.40 |
| TTAN | ServiceTitan Inc - Class A | $7.44B | Technology | Software - Application | -0.40 |
| ORIQU | Origin Investment Corp I - Units (1 Ord Cls & 1/2 War) | $22M | Financial Services | Shell Companies | -0.40 |
| KYIV | Kyivstar Group Ltd | $3.48B | Communication Services | Telecom Services | -0.40 |
| THH | TryHard Holdings Ltd | $12M | Industrials | Specialty Business Services | -0.40 |
| ALMU | Aeluma Inc | $297M | Technology | Semiconductors | -0.39 |
| FACTU | FACT II Acquisition Corp - Units (1 Ord Class A & 1/2 War) | $56M | Financial Services | Shell Companies | -0.39 |
| MACIU | Melar Acquisition Corp I - Units (1 Ord Class A & 1 War) | $178M | Financial Services | Shell Companies | -0.39 |