48 Stocks and 52 ETFs for diversifying KCCA (KRANESHARES CALIFORNIA CARBON ALLOWANCE STRATEGY ETF)
The least correlated asset to KCCA (KRANESHARES CALIFORNIA CARBON ALLOWANCE STRATEGY ETF) is ETF XCOM (Ultra Communication Services Select Sector ETF). The correlation is -1.
Stocks that lowly correlated with KCCA
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| SOL | Emeren Group Ltd American Depositary Shares, each representing 10 shares | $100M | Technology | Solar | -0.74 |
| OMSE | OMS Energy Technologies Inc | $197M | Energy | Oil & Gas Equipment & Services | -0.58 |
| JBS | JBS N.V. - Class A | $13B | Consumer Defensive | Packaged Foods | -0.53 |
| APADU | A Paradise Acquisition Corp Unit | $67M | Financial Services | Shell Companies | -0.52 |
| UBXG | U-BX Technology Ltd | $6.42M | Communication Services | Advertising Agencies | -0.46 |
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $18M | Financial Services | Shell Companies | -0.45 |
| MAMK | MaxsMaking Inc - Class A | $195M | Industrials | Conglomerates | -0.45 |
| MLAC | Mountain Lake Acquisition Corp - Class A | $43M | N/A | N/A | -0.43 |
| LWAC | LightWave Acquisition Corp - Class A | $221M | Financial Services | Shell Companies | -0.42 |
| TMUSL | TMobile US Inc 6.250 Senior Notes due 2069 | $27B | N/A | N/A | -0.41 |
| AVBC | Avidia Bancorp Inc | $407M | Financial Services | Banks - Regional | -0.41 |
| KMRK | KTech Solutions Company Ltd | $21M | Consumer Cyclical | Leisure | -0.40 |
| LEGT | Legato Merger Corp. III | $197M | Financial Services | Shell Companies | -0.40 |
| INR | Infinity Natural Resources Inc - Class A | $227M | Energy | Oil & Gas E&p | -0.40 |
| FIGX | FIGX Capital Acquisition Corp - Class A | $159M | Financial Services | Shell Companies | -0.39 |
| MAGH | Magnitude International Ltd | $230M | Industrials | Engineering & Construction | -0.38 |
| LGCB | Linkage Global Inc | $24M | Consumer Cyclical | Internet Retail | -0.36 |
| APUS | Apimeds Pharmaceuticals US Inc | $8.51M | Healthcare | Drug Manufacturers - Specialty & Generic | -0.36 |
| IBAC | IB Acquisition Corp | $46M | Financial Services | Shell Companies | -0.36 |
| WSBK | Winchester Bancorp Inc | $121M | Financial Services | Banks - Regional | -0.36 |
| SOHON | Sotherly Hotels Inc | $72M | Real Estate | Reit - Hotel & Motel | -0.36 |
| DFDV | DeFi Development Corp | $91M | Financial Services | Asset Management | -0.35 |
| HPAI | Helport AI Ltd | $21M | Technology | Software - Infrastructure | -0.35 |
| PACH | Pioneer Acquisition I Corp - Class A | $260M | Financial Services | Shell Companies | -0.35 |
| MRT | MedEquities Realty Trust Inc | $119M | Technology | Software - Application | -0.35 |
| STRC | Microstrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock | $29B | Technology | Software - Application | -0.35 |
| BKV | BKV Corp | $2.81B | Energy | Oil & Gas E&p | -0.34 |
| BDMD | Baird Medical Investment Holdings Ltd . | $34M | Healthcare | Medical Devices | -0.34 |
| SOHOO | Sotherly Hotels Inc | $86M | Real Estate | Reit - Hotel & Motel | -0.34 |
| COWNL | Cowen Inc | $796M | N/A | N/A | -0.34 |
| LPBBU | Launch Two Acquisition Corp - Units (1 Ord Class A & 1/2 War) | $250M | Financial Services | Shell Companies | -0.34 |
| CIIT | Tianci International Inc | $1.99M | Industrials | Integrated Freight & Logistics | -0.33 |
| DTSQ | DT Cloud Star Acquisition Corp | $70M | Financial Services | Shell Companies | -0.33 |
| STAI | ScanTech AI Systems Inc. Common stock | $325K | Industrials | Building Products & Equipment | -0.33 |
| DEC | N/A | $961M | Energy | Oil & Gas Integrated | -0.33 |
| DLXY | Delixy Holdings Ltd | $7.64M | Energy | Oil & Gas Refining & Marketing | -0.33 |
| SOHOB | Sotherly Hotels Inc | $381M | Real Estate | Reit - Hotel & Motel | -0.32 |
| SFD | Smithfield Foods Inc | $9.74B | Consumer Defensive | Packaged Foods | -0.32 |
| STBX | Starbox Group Holdings Ltd | $1.14M | Communication Services | Internet Content & Information | -0.32 |
| VBIX | ViewBix Inc | $49M | Communication Services | Internet Content & Information | -0.32 |
| FRBN | Forbion European Acquisition Corp - Class A | $343M | Financial Services | Shell Companies | -0.32 |
| APAD | Enhanced Group Inc - Class A | $161M | Financial Services | Shell Companies | -0.32 |
| MH | McGraw Hill Inc | $1.95B | Consumer Defensive | Education & Training Services | -0.31 |
| RDACR | Rising Dragon Acquisition Corp | $140K | N/A | N/A | -0.31 |
| GDST | Goldenstone Acquisition Ltd | $23M | Financial Services | Shell Companies | -0.31 |
| RBNE | Robin Energy Ltd | $4.88M | Energy | Oil & Gas Midstream | -0.31 |
| YAAS | Youxin Technology Ltd - Class A | $8.49M | Technology | Software - Application | -0.31 |
| AUGO | Aura Minerals Inc | $4.54B | Basic Materials | Gold | -0.31 |