6 Stocks and 94 ETFs for diversifying IZRL (ARK ISRAEL INNOVATIVE TECHNOLOGY ETF)
The least correlated asset to IZRL (ARK ISRAEL INNOVATIVE TECHNOLOGY ETF) is ETF RWM (PROSHARES SHORT RUSSELL2000). The correlation is -0.8435.
Stocks that lowly correlated with IZRL
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.57 |
| ASIC | Ategrity Specialty Holdings LLC | $969M | Financial Services | Insurance - Property & Casualty | -0.51 |
| EMA | Emera Incorporated | $16B | Utilities | Utilities - Regulated Electric | -0.47 |
| JBS | JBS N.V. - Class A | $14B | Consumer Defensive | Packaged Foods | -0.47 |
| CRAQ | Cal Redwood Acquisition Corp | $320M | Financial Services | Shell Companies | -0.45 |
| WSBK | Winchester Bancorp Inc | $119M | Financial Services | Banks - Regional | -0.43 |