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50 Stocks and 50 ETFs for diversifying Waystar (WAY)

The least correlated asset to Waystar (WAY) is company U.S. Xpress Enterprises (USX). The correlation is -1.

Stocks that lowly correlated with WAY

SymbolName
Market cap
SectorIndustry
Correlation
USXU.S. Xpress Enterprises Inc - Class A$332MIndustrialsTrucking-1.00
RAINRain Enhancement Technologies Holdco, Inc. Class A Common Stock$13MIndustrialsPollution & Treatment Controls-0.87
OPTNOptiNose Inc$112MN/AN/A-0.78
CNLCollective Mining Ltd.$1.14BBasic MaterialsGold-0.78
ATIFATIF Holdings Ltd$6.07MN/AN/A-0.77
JLHLJulong Holding Ltd - Class A$219MIndustrialsBuilding Products & Equipment-0.71
PSIGPS International Group Ltd$21MIndustrialsIntegrated Freight & Logistics-0.67
ACSTAcasti Pharma Inc - Class A$53MN/AN/A-0.66
TMUSLTMobile US Inc 6.250 Senior Notes due 2069$27BN/AN/A-0.64
KKRTKKR & Co. Inc$22BN/AN/A-0.63
ATIIArchimedes Tech SPAC Partners II Company$247MFinancial ServicesShell Companies-0.63
BGBunge Global SA$22BConsumer DefensiveFarm Products-0.63
BHPBHP Group Ltd$218BBasic MaterialsOther Industrial Metals & Mining-0.62
PKXPOSCO Holdings Inc$19BBasic MaterialsSteel-0.61
SLGCSomaLogic Inc - Class A$393MHealthcareHealth Information Services-0.60
BHEBenchmark Electronics Inc$2.93BTechnologyElectronic Components-0.60
ORAOrmat Technologies Inc$6.74BUtilitiesUtilities - Renewable-0.60
FACTUFACT II Acquisition Corp - Units (1 Ord Class A & 1/2 War)$56MFinancial ServicesShell Companies-0.59
RIORio Tinto plc$153BBasic MaterialsOther Industrial Metals & Mining-0.59
LVTXLAVA Therapeutics NV$46MHealthcareBiotechnology-0.59
DTSQUDT Cloud Star Acquisition Corp - Units (1Ord & 1 Rts)$75MFinancial ServicesShell Companies-0.59
DMDesktop Metal Inc - Class A$165MN/AN/A-0.58
MODGTopgolf Callaway Brands Corp$2.70BConsumer CyclicalLeisure-0.58
BCARBank of the Carolinas CORP$303MFinancial ServicesShell Companies-0.58
ADMArcher Daniels Midland Company$40BConsumer DefensiveFarm Products-0.57
SEGGLottery.com Inc$4.48MConsumer CyclicalGambling-0.56
STBXStarbox Group Holdings Ltd$1.14MCommunication ServicesInternet Content & Information-0.56
SKMSK Telecom Co Ltd$12BCommunication ServicesTelecom Services-0.55
AVTAvnet Inc$7.07BTechnologyElectronics & Computer Distribution-0.55
LPGDorian LPG Ltd$1.80BEnergyOil & Gas Midstream-0.54
LBTYBLiberty Global plc - Class B$4.03BCommunication ServicesTelecom Services-0.54
CGCTCartesian Growth Corporation III Class A Ordinary Shares$283MFinancial ServicesShell Companies-0.54
SOLEmeren Group Ltd American Depositary Shares, each representing 10 shares$100MTechnologySolar-0.54
GRCLGracell Biotechnologies Inc$990MHealthcareBiotechnology-0.54
FRBNForbion European Acquisition Corp - Class A$343MFinancial ServicesShell Companies-0.54
IXOrix Corporation$45BFinancial ServicesFinancial Conglomerates-0.54
INACUIndigo Acquisition Corp - Units (1 Ord Shs & 1 Rts)$34MFinancial ServicesShell Companies-0.54
TXTernium S.A.$8.82BBasic MaterialsSteel-0.53
BELFABel Fuse Inc - Class A$2.84BTechnologyElectronic Components-0.53
FGMCFG Merger II Corp$83MFinancial ServicesShell Companies-0.53
ENPHEnphase Energy Inc$5.81BTechnologySolar-0.53
EDRYEuroDry Ltd$66MIndustrialsMarine Shipping-0.52
GNRCGenerac Holdings Inc$13BIndustrialsSpecialty Industrial Machinery-0.52
MAYSJ.W. Mays Inc$77MReal EstateReal Estate Services-0.52
ARWArrow Electronics Inc$11BTechnologyElectronics & Computer Distribution-0.52
BWABorgWarner Inc$13BConsumer CyclicalAuto Parts-0.52
KLICKulicke & Soffa Industries Inc$5.62BTechnologySemiconductor Equipment & Materials-0.51
SRIStoneridge Inc$201MConsumer CyclicalAuto Parts-0.51
HUNHuntsman Corp$2.07BBasic MaterialsChemicals-0.51
CLYMEliem Therapeutics Inc$663MHealthcareBiotechnology-0.51

ETFs that lowly correlated with WAY

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
JHDGJOHN HANCOCK HEDGED EQUITY ETF $90M0.49%Apr 7, 2026-0.99
EMEMSOPHUS CAPITAL EMERGING MARKET ETF $61M0.65%May 19, 2026-0.98
PPIInvestment Managers Series Trust II Astoria Real Assets ETF$155M0.58%Dec 30, 2021-0.77
EWYISHARES MSCI SOUTH KOREA ETF $25B0.59%May 9, 2000-0.68
FLKRFRANKLIN FTSE SOUTH KOREA ETF $1.30B0.09%Nov 2, 2017-0.67
KFKorea Fund Inc$365MN/AN/A-0.67
KORUDIREXION DAILY MSCI SOUTH KOREA BULL 3X SHARES $1.80BN/AApr 10, 2013-0.66
MKORMATTHEWS KOREA ACTIVE ETF $150M0.79%Oct 29, 2010-0.65
GXPSGLOBAL X PURECAP MSCI CONSUMER STAPLES ETF $59M0.15%Jul 22, 2025-0.64
USNGAMPLIFY SAMSUNG U.S. NATURAL GAS INFRASTRUCTURE ETF $7.40M0.59%May 19, 2025-0.63
CSCLDirexion Daily CSCO Bull 2X ETF$16MN/AJun 24, 2025-0.61
EMOPAB EMERGING MARKETS OPPORTUNITIES ETF $2.10B0.70%Dec 15, 1995-0.60
DVXPWEBs Defined Volatility XLP ETF$251K0.89%Jul 22, 2025-0.60
TEXNISHARES TEXAS EQUITY ETF $17M0.20%Jun 23, 2025-0.60
QQWZPACER CASH COWZ 100-NASDAQ 100 ROTATOR ETF $39M0.49%May 6, 2025-0.59
EPEMHARBOR EMERGING MARKETS EQUITY ETF $8M0.84%Jun 4, 2025-0.58
FTHFFIRST TRUST EMERGING MARKETS HUMAN FLOURISHING ETF $133M0.75%Oct 30, 2023-0.58
NFXSDIREXION DAILY NFLX BEAR 1X SHARES $5.40M1.03%Oct 2, 2024-0.58
REMGRUSSELL INVESTMENTS EMERGING MARKETS EQUITY ETF $107M0.64%May 29, 2025-0.58
HUMNROUNDHILL HUMANOID ROBOTICS ETF $83M0.75%Jun 25, 2025-0.58
FPAFIRST TRUST ASIA PACIFIC EX-JAPAN ALPHADEX FUND $124M0.80%Apr 18, 2011-0.58
STXESTRIVE EMERGING MARKETS EX-CHINA ETF $150M0.32%Jan 30, 2023-0.58
BDRYBreakwave Dry Bulk Shipping ETF$30M3.50%Mar 21, 2018-0.58
DIVNHORIZON DIVIDEND INCOME ETF $191M0.70%Jun 25, 2025-0.57
IDEQLAZARD INTERNATIONAL DYNAMIC EQUITY ETF $1.50B0.40%May 29, 2015-0.56
FRDMFREEDOM 100 EMERGING MARKETS ETF $3.60B0.49%May 22, 2019-0.56
KOIDKRANESHARES GLOBAL HUMANOID AND EMBODIED INTELLIGENCE INDEX ETF $272M0.69%Jun 4, 2025-0.55
MFEMPIMCO RAFI DYNAMIC MULTI-FACTOR EMERGING MARKETS EQUITY ETF $150M0.49%Aug 31, 2017-0.55
ICLNISHARES GLOBAL CLEAN ENERGY ETF $2.90B0.39%Jun 24, 2008-0.55
EPSVHARBOR SMID CAP VALUE ETF $6.30M0.88%May 1, 2025-0.55
BINTBLUEMONTE GLOBAL EQUITY ETF $404M0.23%Jun 20, 2025-0.54
GLDNNICHOLAS GOLD INCOME ETF $2.50M1.07%Feb 17, 2026-0.54
ASGMVirtus ETF Trust II AlphaSimplex Global Macro$8.60M0.86%Aug 4, 2025-0.54
TCAITORTOISE AI INFRASTRUCTURE ETF $278M0.65%Aug 4, 2025-0.54
EMXCISHARES MSCI EMERGING MARKETS EX CHINA ETF $26B0.25%Jul 18, 2017-0.54
TJUNFT VEST EMERGING MARKETS BUFFER ETF - JUNE $7M0.95%Jun 18, 2025-0.53
EMMFWISDOMTREE EMERGING MARKETS MULTIFACTOR FUND $179M0.48%Aug 10, 2018-0.53
EMDMFIRST TRUST BLOOMBERG EMERGING MARKET DEMOCRACIES ETF $36M0.75%Mar 2, 2023-0.53
KEMXKRANESHARES MSCI EMERGING MARKETS EX CHINA INDEX ETF $134M0.24%Apr 12, 2019-0.53
AEMSAnfield Enhanced Market ETFN/A1.21%Jun 30, 2025-0.53
XCEMCOLUMBIA EM CORE EX-CHINA ETF $2.10B0.16%Sep 1, 2015-0.53
FDTFIRST TRUST DEVELOPED MARKETS EX-US ALPHADEX FUND $1.30B0.80%Apr 18, 2011-0.53
BOBPCORE16 BEST OF BREED PREMIER INDEX ETF $677K0.70%May 21, 2025-0.53
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.52
VCLNVIRTUS DUFF & PHELPS CLEAN ENERGY ETF $6.30M0.59%Aug 3, 2021-0.52
SGRTSMART EARNINGS GROWTH 30 ETF $63M0.59%Aug 19, 2025-0.52
EMESHARBOR EMERGING MARKETS SELECT ETF $12M0.65%May 14, 2025-0.52
VPLVANGUARD PACIFIC STOCK INDEX FUND ETF SHARES$14B0.07%Mar 4, 2005-0.52
PEMXPutnam Emerging Markets ex-China ETF$34M0.69%May 17, 2023-0.52
DGREWISDOMTREE EMERGING MARKETS QUALITY DIVIDEND GROWTH FUND $148M0.32%Aug 1, 2013-0.52