34 Stocks and 66 ETFs for diversifying GIAX (NICHOLAS GLOBAL EQUITY AND INCOME ETF)
The least correlated asset to GIAX (NICHOLAS GLOBAL EQUITY AND INCOME ETF) is ETF NTRL (First Trust Equity Market Neutral ETF). The correlation is -1.
Stocks that lowly correlated with GIAX
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| CPLP | Capital Product Partners L P | $355M | N/A | N/A | -1.00 |
| PLMIU | Plum Acquisition Corp I - Units (1 Ord Share Class A & 1/5 War) | $232M | N/A | N/A | -1.00 |
| PTWOU | SBC Medical Group Holdings Inc - Units (1 Ord Class A & 1 War) | $1.13B | N/A | N/A | -0.98 |
| TWKS | Thoughtworks Holding Inc | $1.45B | N/A | N/A | -0.84 |
| ITI | Iteris Inc | $316M | N/A | N/A | -0.77 |
| PIRS | Pieris Pharmaceuticals Inc | $24M | N/A | N/A | -0.74 |
| APAD | Enhanced Group Inc - Class A | $161M | Financial Services | Shell Companies | -0.73 |
| GLIBK | GCI Liberty Inc | $877M | Communication Services | Telecom Services | -0.64 |
| WVVIP | Willamette Valley Vineyard Inc | $22M | Consumer Defensive | Beverages - Wineries & Distilleries | -0.62 |
| ED | Consolidated Edison Inc | $40B | Utilities | Utilities - Regulated Electric | -0.61 |
| BGS | B&G Foods Inc | $305M | Consumer Defensive | Packaged Foods | -0.60 |
| SLGC | SomaLogic Inc - Class A | $393M | Healthcare | Health Information Services | -0.60 |
| GSRM | Bitcoin Depot Inc - Class A | $54M | N/A | N/A | -0.57 |
| TAK | Takeda Pharmaceutical Company | $51B | Healthcare | Drug Manufacturers - Specialty & Generic | -0.56 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.56 |
| AWK | American Water Works Co. Inc | $25B | Utilities | Utilities - Regulated Water | -0.54 |
| EXC | Exelon Corp | $47B | Utilities | Utilities - Regulated Electric | -0.54 |
| COR | Cencora Inc | $58B | Healthcare | Medical Distribution | -0.54 |
| COKE | Coca-Cola Consolidated Inc | $13B | Consumer Defensive | Beverages - Non-alcoholic | -0.53 |
| ADC | Agree Realty Corp | $9.32B | Real Estate | Reit - Retail | -0.52 |
| NOC | Northrop Grumman Corp | $75B | Industrials | Aerospace & Defense | -0.52 |
| CABO | Cable One Inc | $228M | Communication Services | Telecom Services | -0.52 |
| AXNX | Axonics Inc | $3.63B | N/A | N/A | -0.52 |
| TRUG | TruGolf Holdings Inc - Class A | $1.24M | Consumer Cyclical | Leisure | -0.52 |
| GIG | GigCapital7 Corp - Class A | $353M | Financial Services | Shell Companies | -0.51 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.51 |
| DM | Desktop Metal Inc - Class A | $165M | N/A | N/A | -0.51 |
| APADU | A Paradise Acquisition Corp Unit | $67M | Financial Services | Shell Companies | -0.51 |
| CNA | CNA Financial Corp | $14B | Financial Services | Insurance - Property & Casualty | -0.50 |
| CMS | CMS Energy Corporation | $23B | Utilities | Utilities - Regulated Electric | -0.50 |
| SR | Spire Inc | $4.74B | Utilities | Utilities - Regulated Gas | -0.50 |
| CAG | Conagra Brands Inc | $6.75B | Consumer Defensive | Packaged Foods | -0.50 |
| SMTK | SmartKem, Inc. Common Stock | $4.23M | Technology | Semiconductor Equipment & Materials | -0.49 |
| OPOF | Old Point Financial Corp | $215M | Financial Services | Banks - Regional | -0.49 |