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34 Stocks and 66 ETFs for diversifying NORW (GLOBAL X MSCI NORWAY ETF)

The least correlated asset to NORW (GLOBAL X MSCI NORWAY ETF) is ETF EFZ (ProShares Short MSCI EAFE -1X Shares). The correlation is -0.7803.

Stocks that lowly correlated with NORW

SymbolName
Market cap
SectorIndustry
Correlation
FIGXUFIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$35MFinancial ServicesShell Companies-0.73
ELOGEastern International Ltd$9.59MIndustrialsIntegrated Freight & Logistics-0.66
ORIQUOrigin Investment Corp I - Units (1 Ord Cls & 1/2 War)$22MFinancial ServicesShell Companies-0.65
ONCHU1RT Acquisition Corp - Units (1 Ord Cls A & 1 War)$39MFinancial ServicesShell Companies-0.65
TACHTitan Acquisition Corp - Class A$288MFinancial ServicesShell Companies-0.62
NSRXNasus Pharma Ltd$28MHealthcareDrug Manufacturers - General-0.62
LGPSLogProstyle Inc$26MIndustrialsConglomerates-0.58
PLMKUPlum Acquisition Corp IV - Units (1 Ord cls A & 1/2 Warr)$213MFinancial ServicesShell Companies-0.56
LWACWLightWave Acquisition Corp - Warrants (06/06/2030)$178MN/AN/A-0.56
LHAILinkhome Holdings Inc$19MReal EstateReal Estate Services-0.54
CHACUCrane Harbor Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$72MFinancial ServicesShell Companies-0.54
RYOJrYojbaba Co. Ltd$51MIndustrialsConsulting Services-0.54
BACCBlue Acquisition Corp - Class A$214MFinancial ServicesShell Companies-0.54
IBGInnovation Beverage Group Ltd$1.60MConsumer DefensiveBeverages - Wineries & Distilleries-0.53
RIBBRRibbon Acquisition Corp Rights$277KN/AN/A-0.51
RALRALSTON PURINA CO$7.56BTechnologyElectronic Components-0.50
SIShoulder Innovations Inc$452MN/AN/A-0.50
HNGEHinge Health Inc - Class A$6.74BHealthcareHealth Information Services-0.50
DXSTDecent Holding Inc$1.65MIndustrialsWaste Management-0.50
SPEGUSilver Pegasus Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$35MFinancial ServicesShell Companies-0.49
SDHIRSiddhi Acquisition Corp$1.13MN/AN/A-0.48
ABPAbpro Holdings, Inc Common Stock$1.43MHealthcareBiotechnology-0.48
BGMQilian International Holding Group Ltd - Class A$7.45MHealthcareDrug Manufacturers - Specialty & Generic-0.47
HMRSports Properties Acquisition Corp$65MIndustrialsMarine Shipping-0.47
EURKUEureka Acquisition Corp - Units (1 Ord Class A & 1 Rts)$53MFinancial ServicesShell Companies-0.46
TWFGTWFG Inc - Class A$380MFinancial ServicesInsurance Brokers-0.46
CRAQCal Redwood Acquisition Corp$320MFinancial ServicesShell Companies-0.45
BBOTBridgeBio Oncology Therapeutics Inc Com$674MHealthcareBiotechnology-0.45
BMHLBluemount Holdings Ltd$146MFinancial ServicesCapital Markets-0.45
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.45
PLBLPolibeli Group Ltd$2.84BConsumer CyclicalDepartment Stores-0.44
NTWOUNewbury Street II Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$184MFinancial ServicesShell Companies-0.44
MAMOMassimo Group$41MConsumer CyclicalRecreational Vehicles-0.43
KYIVKyivstar Group Ltd$3.48BCommunication ServicesTelecom Services-0.43

ETFs that lowly correlated with NORW

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.78
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.78
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.77
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.72
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.70
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.70
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.70
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.70
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.69
HOOWROUNDHILL HOOD WEEKLYPAY ETF $146MN/AJun 17, 2025-0.68
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.67
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.67
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.66
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.66
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.66
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.65
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.64
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.64
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.64
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.63
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.63
DVXVWEBs Defined Volatility XLV ETF$480K0.89%Jul 22, 2025-0.63
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.63
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.62
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.62
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.62
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.61
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.61
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.61
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.60
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.59
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.59
XLVISTATE STREET(R) HEALTH CARE SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)HEALTH CARE SELECT SECTOR SPDR(R) PREMIUM INCOME ETF$16M0.35%Jul 29, 2025-0.58
NOWLGRANITESHARES 2X LONG NOW DAILY ETF $286MN/AJul 14, 2025-0.58
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.57
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.57
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.56
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.55
AALGLEVERAGE SHARES 2X LONG AAL DAILY ETF $5.30MN/AJul 10, 2025-0.55
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.53
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.53
ELILDirexion Daily LLY Bull 2X Shares$23MN/AMar 25, 2025-0.52
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.52
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3.20MN/AJun 16, 2009-0.52
SHPUDIREXION DAILY SHOP BULL 2X ETF $15MN/AAug 5, 2025-0.52
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.52
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.51
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.51
WTIDBank of Montreal$18MN/AFeb 16, 2023-0.50
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$895MN/ANov 24, 2008-0.50
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.49
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.49
UUPInvesco DB US Dollar Index Bullish Fund$436M0.75%Feb 20, 2007-0.49
HOOYYIELDMAX(R) HOOD OPTION INCOME STRATEGY ETF $133M0.99%May 7, 2025-0.49
BASGBROWN ADVISORY SUSTAINABLE GROWTH ETF $494M0.61%Jun 13, 2025-0.48
SDPProShares UltraShort Utilities -2x Shares$3.90MN/AJan 30, 2007-0.48
SNOUT-REX 2X LONG SNOW DAILY TARGET ETF $25MN/AApr 23, 2025-0.47
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.46
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.46
OILDBank of Montreal$53MN/ANov 8, 2021-0.45
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.45
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $29MN/AJul 16, 2009-0.45
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.45
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.44
WNTRYieldMax Short MSTR Option Income Strategy ETF$81M1.00%Mar 26, 2025-0.44
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.43