22 Stocks and 78 ETFs for diversifying IAF (abrdn Australia Equity Fund)
The least correlated asset to IAF (abrdn Australia Equity Fund) is ETF SIJ (ProShares UltraShort Industrials -2x Shares). The correlation is -0.8352.
Stocks that lowly correlated with IAF
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $20M | Financial Services | Shell Companies | -0.71 |
| TMDE | TMD Energy Ltd | $18M | Energy | Oil & Gas Midstream | -0.68 |
| CRCL | Circle Internet Group Inc - Class A | $25B | Financial Services | Capital Markets | -0.59 |
| LGPS | LogProstyle Inc | $16M | Industrials | Conglomerates | -0.51 |
| RIBBU | Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $56M | Financial Services | Shell Companies | -0.50 |
| STAK | Stak Inc | $17M | Energy | Oil & Gas Equipment & Services | -0.49 |
| CDTG | CDT Environmental Technology Investment Holdings Ltd | $3.77M | Industrials | Waste Management | -0.48 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.48 |
| ADVB | Advanced Biomed Inc | $5.36M | Healthcare | Diagnostics & Research | -0.45 |
| NAMI | Jinxin Technology Holding Company | $34M | Communication Services | Internet Content & Information | -0.45 |
| MOBX | Mobix Labs Inc - Class A | $20M | Technology | Semiconductors | -0.44 |
| FBYD | Falcon`s Beyond Global Inc - Class A | $725M | Industrials | Conglomerates | -0.44 |
| APUS | Apimeds Pharmaceuticals US Inc | $1.82M | Healthcare | Drug Manufacturers - Specialty & Generic | -0.44 |
| FLAC | Frazier Lifesciences Acquisition Corp - Class A | $175M | N/A | N/A | -0.44 |
| PVLA | Palvella Therapeutics Inc | $1.66B | Healthcare | Biotechnology | -0.42 |
| NMAX | Newsmax Inc Class B | $1B | Communication Services | Broadcasting | -0.42 |
| FIGXU | FIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War) | $35M | Financial Services | Shell Companies | -0.42 |
| SAFX | XCF Global Inc | $126M | Utilities | Utilities - Renewable | -0.41 |
| LION | Lionsgate Studios Corp - New | $3.99B | Financial Services | Shell Companies | -0.41 |
| STRZ | Starz Entertainment Corp | $380M | Communication Services | Entertainment | -0.41 |
| EQV | EQV Ventures Acquisition Corp. | $466M | Financial Services | Shell Companies | -0.41 |
| NYAX | Nayax Ltd | $3.09B | Technology | Software - Infrastructure | -0.41 |