28 Stocks and 72 ETFs for diversifying NITE (THE NIGHTVIEW FUND)
The least correlated asset to NITE (THE NIGHTVIEW FUND) is ETF NTRL (First Trust Equity Market Neutral ETF). The correlation is -1.
Stocks that lowly correlated with NITE
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| GSRM | Bitcoin Depot Inc - Class A | $54M | N/A | N/A | -0.90 |
| SMTK | SmartKem, Inc. Common Stock | $4.23M | Technology | Semiconductor Equipment & Materials | -0.85 |
| TWKS | Thoughtworks Holding Inc | $1.45B | N/A | N/A | -0.84 |
| PIRS | Pieris Pharmaceuticals Inc | $24M | N/A | N/A | -0.82 |
| PLMI | Plum Acquisition Corp I - Class A | $192M | N/A | N/A | -0.78 |
| ED | Consolidated Edison Inc | $40B | Utilities | Utilities - Regulated Electric | -0.75 |
| ITI | Iteris Inc | $316M | N/A | N/A | -0.73 |
| PTWOU | SBC Medical Group Holdings Inc - Units (1 Ord Class A & 1 War) | $1.13B | N/A | N/A | -0.69 |
| SLGC | SomaLogic Inc - Class A | $393M | Healthcare | Health Information Services | -0.63 |
| RVNC | Revance Therapeutics Inc | $380M | Healthcare | Biotechnology | -0.62 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.60 |
| LWAC | LightWave Acquisition Corp - Class A | $221M | Financial Services | Shell Companies | -0.59 |
| AWK | American Water Works Co. Inc | $25B | Utilities | Utilities - Regulated Water | -0.58 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.57 |
| DUK | Duke Energy Corp | $97B | Utilities | Utilities - Regulated Electric | -0.57 |
| CMS | CMS Energy Corporation | $23B | Utilities | Utilities - Regulated Electric | -0.57 |
| STBX | Starbox Group Holdings Ltd | $1.14M | Communication Services | Internet Content & Information | -0.57 |
| ADC | Agree Realty Corp | $9.32B | Real Estate | Reit - Retail | -0.56 |
| SOL | Emeren Group Ltd American Depositary Shares, each representing 10 shares | $100M | Technology | Solar | -0.56 |
| FRBN | Forbion European Acquisition Corp - Class A | $343M | Financial Services | Shell Companies | -0.56 |
| GRCL | Gracell Biotechnologies Inc | $990M | Healthcare | Biotechnology | -0.56 |
| RCM | R1 RCM Inc | $6.04B | Healthcare | Health Information Services | -0.56 |
| EXC | Exelon Corp | $47B | Utilities | Utilities - Regulated Electric | -0.55 |
| KO | Coca-Cola Company | $355B | Consumer Defensive | Beverages - Non-alcoholic | -0.52 |
| DUETU | DUET Acquisition Corp - Units (1 Ord Share Class A & 1 War) | $15M | Financial Services | Shell Companies | -0.52 |
| CWT | California Water Service Group | $2.98B | Utilities | Utilities - Regulated Water | -0.52 |
| COKE | Coca-Cola Consolidated Inc | $13B | Consumer Defensive | Beverages - Non-alcoholic | -0.52 |
| IVCPU | AleAnna Inc - Units (1 Ord Share Class A & 1/2 War) | $308M | N/A | N/A | -0.52 |