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10 Stocks and 90 ETFs for diversifying NACP (IMPACT SHARES NAACP MINORITY EMPOWERMENT ETF)

The least correlated asset to NACP (IMPACT SHARES NAACP MINORITY EMPOWERMENT ETF) is ETF SH (ProShares Short S&P500 -1x Shares). The correlation is -0.9588.

Stocks that lowly correlated with NACP

SymbolName
Market cap
SectorIndustry
Correlation
APADEnhanced Group Inc - Class A$161MFinancial ServicesShell Companies-0.68
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.54
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.53
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.53
GSRMBitcoin Depot Inc - Class A$54MN/AN/A-0.50
APADUA Paradise Acquisition Corp Unit$67MFinancial ServicesShell Companies-0.50
GLIBKGCI Liberty Inc$877MCommunication ServicesTelecom Services-0.48
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.44
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.44
PXP10, Inc.$18BFinancial ServicesAsset Management-0.44

ETFs that lowly correlated with NACP

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.96
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.96
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.95
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.93
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.88
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.88
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.87
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.87
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.87
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.87
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.87
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.87
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.86
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.85
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.83
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.83
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.83
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.82
QCMDDirexion Daily QCOM Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.82
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.80
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.80
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.80
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.80
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.80
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.79
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.78
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.78
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.78
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.77
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.76
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.76
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.75
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.75
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.75
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.75
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.74
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.73
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.73
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.73
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.73
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.72
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $16M1.03%Feb 11, 2025-0.71
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.71
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.70
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.70
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.69
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.69
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.69
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.68
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.68
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.68
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.68
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.68
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.67
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.66
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.65
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $61MN/AAug 21, 2023-0.63
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $19M1.01%Sep 12, 2023-0.63
NVDQT-REX 2X INVERSE NVIDIA DAILY TARGET ETF $22MN/AOct 18, 2023-0.62
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.60
SHRTGOTHAM SHORT STRATEGIES ETF $14M1.35%Jul 31, 2017-0.60
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.59
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.59
CSCSDirexion Daily CSCO Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.59
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.56
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.55
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $14M0.96%Aug 8, 2022-0.55
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.55
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.53
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.53
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $29MN/AJul 16, 2009-0.52
RTXGLeverage Shares 2X Long RTX Daily ETF$4.50MN/AJun 5, 2025-0.52
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $13MN/AMar 31, 2025-0.52
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $10M1.02%Sep 6, 2022-0.51
LDRTISHARES IBONDS 1-5 YEAR TREASURY LADDER ETF $132M0.07%Nov 7, 2024-0.51
PALDDirexion Daily PANW Bear 1X Shares$1.80M1.02%Feb 10, 2025-0.50
MSFDDIREXION DAILY MSFT BEAR 1X SHARES $11M1.02%Sep 6, 2022-0.49
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $16M1.05%May 1, 2024-0.48
WTIDBank of Montreal$18MN/AFeb 16, 2023-0.48
GGLSDirexion Daily GOOGL Bear 1X ETF$13M1.02%Sep 6, 2022-0.48
GXPEGLOBAL X PURECAP MSCI ENERGY ETF $1.20M0.15%Jul 22, 2025-0.47
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.47
FPASFPA SHORT DURATION GOVERNMENT ETF $9.90M0.10%Oct 31, 2024-0.46
PANGLEVERAGE SHARES 2X LONG PANW DAILY ETF $8.90MN/AMar 20, 2025-0.46
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.45
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.45
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.44
SETHProShares Short Ether ETF$23M0.95%Nov 1, 2023-0.44
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$895MN/ANov 24, 2008-0.43
XLEISTATE STREET(R) ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF$40M0.35%Jul 29, 2025-0.43