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58 Stocks and 42 ETFs for diversifying Valaris (VAL)

The least correlated asset to Valaris (VAL) is company ConnectM Technology Solutions Inc - Units (1 Ord 1 War & 1 Right) (MCACU). The correlation is -0.747.

Stocks that lowly correlated with VAL

SymbolName
Market cap
SectorIndustry
Correlation
MCACUConnectM Technology Solutions Inc - Units (1 Ord Class A 1 War & 1 Right)$70MFinancial ServicesShell Companies-0.75
OTFBlue Owl Technology Finance Corp$4.94BFinancial ServicesAsset Management-0.72
AACTAres Acquisition Corporation II - Class A$588MFinancial ServicesShell Companies-0.72
TWFGTWFG Inc - Class A$275MFinancial ServicesInsurance Brokers-0.61
HCHLHappy City Holdings Ltd - Class A$59MConsumer CyclicalRestaurants-0.59
ASPCAlpha Capital Acquisition Co - Class A$17MFinancial ServicesShell Companies-0.58
CAICaris Life Sciences Inc - Class A$4.35BHealthcareBiotechnology-0.58
RALRalliant Corporation$6.99BN/AN/A-0.56
CHPGRChampionsGate Acquisition Corp$257KN/AN/A-0.55
ASPCUA SPAC III Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$19MFinancial ServicesShell Companies-0.54
QETARQuetta Acquisition Corp$1.33MN/AN/A-0.53
FVNNUFuture Vision II Acquisition Corp - Units (1 Ord Shs & 1 Rts)$19MFinancial ServicesShell Companies-0.51
FIGXUFIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$35MFinancial ServicesShell Companies-0.51
TTANServiceTitan Inc - Class A$5.85BTechnologySoftware - Application-0.50
DGNXDiginex Ltd$31MIndustrialsConsulting Services-0.50
GLXYGalaxy Digital$5.92BFinancial ServicesCapital Markets-0.49
ALCYAlchemy Investments Acquisition Corp 1 Class A Ordinary Shares$49MFinancial ServicesShell Companies-0.49
BGMQilian International Holding Group Ltd - Class A$7.45MHealthcareDrug Manufacturers - Specialty & Generic-0.48
WETOWebus International Ltd$11MTechnologySoftware - Infrastructure-0.48
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.48
LIONLionsgate Studios Corp - New$3.99BFinancial ServicesShell Companies-0.48
LHSWLianhe Sowell International Group Ltd$9.40MTechnologySoftware - Infrastructure-0.47
MAMOMassimo Group$42MConsumer CyclicalRecreational Vehicles-0.47
IHTInnsuites Hospitality Trust$14MReal EstateReit - Hotel & Motel-0.47
WGRXWellgistics Health Inc$7.55MHealthcarePharmaceutical Retailers-0.47
SPMCSound Point Meridian Capital Inc$224MFinancial ServicesAsset Management-0.45
CTWOCOtwo Advisors Physical European Carbon Allowance Trust$1.73MN/AN/A-0.45
CHYMChime Financial Inc - Class A$6.59BTechnologySoftware - Application-0.45
AZIAutozi Internet Technology (Global) Ltd - Class A$9.05MConsumer CyclicalAuto & Truck Dealerships-0.44
HCAIHuachen AI Parking Management Technology Holding Co. Ltd$13MIndustrialsFarm & Heavy Construction Machinery-0.44
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.44
NTWOUNewbury Street II Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$183MFinancial ServicesShell Companies-0.43
AILEiLearningEngines Holdings Inc - Class A$59MTechnologySoftware - Infrastructure-0.42
WAYWaystar Holding Corp$3.65BHealthcareHealth Information Services-0.42
JCAPJefferson Capital Inc$950MFinancial ServicesCredit Services-0.42
BOWBowhead Specialty Holdings Inc$886MFinancial ServicesInsurance - Property & Casualty-0.42
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.41
YHNAYHN Acquisition I Ltd$63MFinancial ServicesShell Companies-0.40
BUSEPFirst Busey Corp$2.18BFinancial ServicesBanks - Regional-0.40
LOARLoar Holdings Inc$5.82BIndustrialsAerospace & Defense-0.40
WYHGWing Yip Food Holdings Group Ltd$43MConsumer DefensivePackaged Foods-0.40
BULLWebull Corporation$2.47BTechnologySoftware - Application-0.40
OMDAOmada Health Inc$975MHealthcareHealth Information Services-0.39
CGCTCartesian Growth Corp III - Class A$283MFinancial ServicesShell Companies-0.39
NXGLNexgel Inc$5.15MHealthcareMedical Instruments & Supplies-0.39
SRLScully Royalty Ltd$92MFinancial ServicesCapital Markets-0.39
PMNTPerfect Moment Ltd$7.77MConsumer CyclicalApparel Manufacturing-0.39
WVVIWillamette Valley Vineyard Inc$13MConsumer DefensiveBeverages - Wineries & Distilleries-0.38
ESHAESH Acquisition Corp - Class A$45MFinancial ServicesShell Companies-0.38
NAMIJinxin Technology Holding Company$34MCommunication ServicesInternet Content & Information-0.38
DOCSDoximity Inc - Class A$3.71BHealthcareHealth Information Services-0.37
BYAHPark Ha Biological Technology Co Ltd$917KConsumer DefensiveHousehold & Personal Products-0.37
JMACUMaxpro Capital Acquisition Corp - Units (1 Ord Share Class A & 1 War)$150MN/AN/A-0.37
MASK3 E Network Technology Group Ltd - Class A$1.60MTechnologySoftware - Application-0.37
LGPSLogProstyle Inc$16MIndustrialsConglomerates-0.37
DXSTDecent Holding Inc$1.65MIndustrialsWaste Management-0.36
CCIXUChurchill Capital Corp IX - Units (1 Ord Share Class A & 1/4 War)$66MFinancial ServicesShell Companies-0.36
RDACRising Dragon Acquisition Corp$39MFinancial ServicesShell Companies-0.36

ETFs that lowly correlated with VAL

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
OILDBank of Montreal$19MN/ANov 8, 2021-0.65
CBXACalamos Bitcoin 90 Series Structured Alt Protection ETF April$4.50M0.69%Apr 7, 2025-0.62
HOOWROUNDHILL HOOD WEEKLYPAY ETF $113MN/AJun 17, 2025-0.60
AMZWROUNDHILL AMZN WEEKLYPAY ETF $41MN/AJun 17, 2025-0.55
RSSXRETURN STACKED(R) U.S. STOCKS & GOLD/BITCOIN ETF $65M0.67%May 29, 2025-0.55
BTCCGRAYSCALE BITCOIN COVERED CALL ETF $17M0.65%Apr 1, 2025-0.51
HOOYYIELDMAX(R) HOOD OPTION INCOME STRATEGY ETF $102M0.99%May 7, 2025-0.51
RBProShares Russell 2000 Dynamic Buffer ETF$1.10M0.58%Jun 24, 2025-0.51
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.50
CRMGLEVERAGE SHARES 2X LONG CRM DAILY ETF $31MN/AFeb 9, 2026-0.50
BLOXNICHOLAS CRYPTO INCOME ETF $268M0.99%Jun 16, 2025-0.49
HBDCHilton BDC Corporate Bond ETF$86M0.39%Jun 10, 2025-0.48
MTRAINVESCO INTERNATIONAL GROWTH FOCUS ETF $142M0.54%Jun 11, 2025-0.48
IVESWedbush ETFMG Global Cloud Technology ETF$997M0.75%Jun 3, 2025-0.48
BUFXFT Vest Laddered Enhance & Moderate Buffer ETF$12M0.96%Jun 24, 2025-0.47
BUFHFT Vest Laddered Max Buffer ETF$53M0.95%Jun 24, 2025-0.47
FBProShares S&P 500 Dynamic Buffer ETF$1.70M0.58%Jun 24, 2025-0.44
SFTYHORIZON MANAGED RISK ETF $370M0.77%Jun 25, 2025-0.44
SPYATwin Oak Endure ETF$127M0.49%Jun 2, 2025-0.44
LCOWPACER S&P 500 QUALITY FCF ARISTOCRATS ETF $23M0.49%May 6, 2025-0.44
FGSIFT Vest Growth Strength & Target Income ETF$3M0.85%Jun 25, 2025-0.43
PLTGLEVERAGE SHARES 2X LONG PLTR DAILY ETF $26MN/AApr 24, 2025-0.43
STOXHORIZON CORE EQUITY ETF $132M0.70%Jun 25, 2025-0.43
QQHGInvesco QQQ Hedged Advantage ETF$13M0.45%May 5, 2025-0.42
TBILF/M US TREASURY 3 MONTH BILL ETF $7.10B0.15%Aug 8, 2022-0.41
XRPIVolatility Shares Trust XRP ETF$110M0.94%May 22, 2025-0.41
PYPGLEVERAGE SHARES 2X LONG PYPL DAILY ETF $27MN/AApr 3, 2025-0.41
ZJUNInnovator Equity Defined Protection ETF 1 Yr June$34M0.79%May 30, 2025-0.40
XHLFBONDBLOXX BLOOMBERG SIX MONTH TARGET DURATION US TREASURY ETF $1.90B0.03%Sep 13, 2022-0.40
CPSUCalamos S&P 500 Structured Alt Protection ETF June$13M0.69%Jun 2, 2025-0.40
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.40
OKLLDefiance Daily Target 2x Long OKLO ETF$293MN/AJun 23, 2025-0.40
BTGDSTKD 100% BITCOIN & 100% GOLD ETF $58M1.05%Oct 15, 2024-0.39
APPXTRADR 2X LONG APP DAILY ETF$140MN/AApr 24, 2025-0.38
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.38
TSIIREX TSLA GROWTH & INCOME ETF $41MN/AJun 3, 2025-0.38
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.37
CEFZRIVERNORTH ACTIVE INCOME ETF $39M3.36%Dec 27, 2006-0.37
RDTLGRANITESHARES 2X LONG RDDT DAILY ETF $53MN/AMar 24, 2025-0.37
XONEBONDBLOXX BLOOMBERG ONE YEAR TARGET DURATION US TREASURY ETF $721M0.03%Sep 13, 2022-0.37
QUBXTRADR 2X LONG QUBT DAILY ETF $25MN/AJun 23, 2025-0.37
PYPYYIELDMAX(R) PYPL OPTION INCOME STRATEGY ETF $30M1.31%Sep 25, 2023-0.37