30 Stocks and 70 ETFs for diversifying GRN (iPath Series B Carbon ETN)
The least correlated asset to GRN (iPath Series B Carbon ETN) is ETF JHDG (WISDOMTREE JAPAN HEDGED QUALITY DIVIDEND GROWTH FUND NA). The correlation is -1.
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 | -0.81 |
| WSBK | Winchester Bancorp Inc | $119M | Financial Services | Banks - Regional | -0.69 |
| EMA | Emera Incorporated | $16B | Utilities | Utilities - Regulated Electric | -0.60 |
| LNKS | Linkers Industries Ltd - Class A | $16M | Industrials | Electrical Equipment & Parts | -0.56 |
| KG | KING PHARMACEUTICALS INC | $85M | Financial Services | Insurance - Reinsurance | -0.56 |
| NCI | Neo Concept International Group Holdings Ltd | $22M | Consumer Cyclical | Apparel Manufacturing | -0.51 |
| GSHR | Gesher Acquisition Corp II - Class A | $155M | Financial Services | Shell Companies | -0.49 |
| QSEA | Quartzsea Acquisition Corp | $87M | Financial Services | Shell Companies | -0.43 |
| TMDE | TMD Energy Ltd | $18M | Energy | Oil & Gas Midstream | -0.42 |
| NMRA | Neumora Therapeutics Inc | $335M | Healthcare | Biotechnology | -0.42 |
| XCH | XCHG Ltd | $1.46B | Industrials | Specialty Industrial Machinery | -0.40 |
| NYAX | Nayax Ltd | $3.09B | Technology | Software - Infrastructure | -0.38 |
| HSPTR | Horizon Space Acquisition II Corp Right | $763K | N/A | N/A | -0.37 |
| WAI | Top KingWin Ltd - Class A | $4.47M | Financial Services | Capital Markets | -0.37 |
| NCT | Intercont (Cayman) Ltd | $2.61M | Industrials | Marine Shipping | -0.36 |
| QSEAR | Quartzsea Acquisition Corp | $814K | N/A | N/A | -0.36 |
| RAY | Raytech Holding Ltd | $9.91M | Consumer Defensive | Household & Personal Products | -0.36 |
| SLRN | Acelyrin Inc | $229M | Healthcare | Biotechnology | -0.35 |
| SKYH | Sky Harbour Group Corporation - Class A | $296M | Real Estate | Real Estate - Development | -0.35 |
| CDTG | CDT Environmental Technology Investment Holdings Ltd | $3.77M | Industrials | Waste Management | -0.34 |
| PACX | Pioneer Merger Corp - Class A | $513M | N/A | N/A | -0.33 |
| FRBN | Forbion European Acquisition Corp - Class A | $343M | Financial Services | Shell Companies | -0.33 |
| HOLO | HOLOPAK TECHNOLOGIES INC | $46M | Technology | Electronic Components | -0.32 |
| CRCL | Circle Internet Group Inc - Class A | $25B | Financial Services | Capital Markets | -0.32 |
| GITS | Global Interactive Technologies Inc Common Stock | $5.88M | Communication Services | Internet Content & Information | -0.32 |
| NEUP | Neuphoria Therapeutics Inc | $29M | Healthcare | Biotechnology | -0.32 |
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $20M | Financial Services | Shell Companies | -0.32 |
| ORKT | Orangekloud Technology Inc - Class A | $6.25M | Technology | Software - Application | -0.32 |
| ACHL | Achilles Therapeutics Plc | $63M | Healthcare | Biotechnology | -0.32 |
| COYA | Coya Therapeutics Inc | $112M | Healthcare | Biotechnology | -0.32 |