nowfound

Life & fun · May 3, 2022

FT

Find the 10 highest and 10 lowest correlations to any stock

During the start of the year I was thinking how could I bet against certain stocks (in my case mainly Tesla) without using derivatives and the risks that come with them. After I had success betting on the oil price with a highly correlated investment fond, I came to the conclusion that negative correlations could be used to bet against the price of other assets. Unfortunately, it is not easy to find correlations between assets if you don't know which assets to compare in the first place. So I created a website where you can find the 10 highest and 10 lowest correlations of certain assets.

In plain words

This tool helps investors identify stocks and assets with the highest and lowest correlations to any chosen stock. Users enter a stock ticker and receive the 10 most positively correlated and 10 most negatively correlated assets. It's designed for investors seeking indirect ways to bet against specific stocks without using derivatives, by finding negatively correlated investments that move in opposite directions.

written from the facts on this page · September 2026

Does a similar job

all alternatives →

More life & fun this month

the category →

Launched alongside, May 2022

the whole month →