24 Stocks and 76 ETFs for diversifying GRN (iPath Series B Carbon ETN)
The least correlated asset to GRN (iPath Series B Carbon ETN) is company Emeren Group Ltd American Depositary Shares, each representing 10 shares (SOL). The correlation is -0.8232.
Stocks that lowly correlated with GRN
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| SOL | Emeren Group Ltd American Depositary Shares, each representing 10 shares | $100M | Technology | Solar | -0.82 |
| WSBK | Winchester Bancorp Inc | $121M | Financial Services | Banks - Regional | -0.69 |
| EMA | Emera Incorporated | $16B | Utilities | Utilities - Regulated Electric | -0.59 |
| BUUU | BUUU Group Ltd - Class A | $293M | Industrials | Specialty Business Services | -0.56 |
| KG | KING PHARMACEUTICALS INC | $77M | Financial Services | Insurance - Reinsurance | -0.54 |
| LNKS | Linkers Industries Ltd - Class A | $16M | Industrials | Electrical Equipment & Parts | -0.54 |
| NCI | Neo Concept International Group Holdings Ltd | $48M | Consumer Cyclical | Apparel Manufacturing | -0.50 |
| GSHR | Gesher Acquisition Corp II - Class A | $157M | Financial Services | Shell Companies | -0.45 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.43 |
| NMRA | Neumora Therapeutics Inc | $293M | Healthcare | Biotechnology | -0.43 |
| XCH | XCHG Ltd | $1.46B | Industrials | Specialty Industrial Machinery | -0.40 |
| ALM | Alma Metals Limited | $3.90B | Basic Materials | Other Industrial Metals & Mining | -0.40 |
| NYAX | Nayax Ltd | $2.63B | Technology | Software - Infrastructure | -0.38 |
| RAY | Raytech Holding Ltd | $8.20M | Consumer Defensive | Household & Personal Products | -0.36 |
| VNMEU | Vendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War) | $52M | Financial Services | Shell Companies | -0.36 |
| WAI | Top KingWin Ltd - Class A | $5.90M | Financial Services | Capital Markets | -0.36 |
| SKYH | Sky Harbour Group Corporation - Class A | $296M | Real Estate | Real Estate - Development | -0.35 |
| CRCL | Circle Internet Group Inc - Class A | $16B | Financial Services | Capital Markets | -0.34 |
| FRBN | Forbion European Acquisition Corp - Class A | $343M | Financial Services | Shell Companies | -0.33 |
| CDTG | CDT Environmental Technology Investment Holdings Ltd | $3.77M | Industrials | Waste Management | -0.33 |
| SLRN | Acelyrin Inc | $229M | Healthcare | Biotechnology | -0.33 |
| PACX | Pioneer Merger Corp - Class A | $513M | N/A | N/A | -0.33 |
| NEUP | Neuphoria Therapeutics Inc | $19M | Healthcare | Biotechnology | -0.32 |
| ET-P-I | Energy Transfer LP | $40B | N/A | N/A | -0.32 |