8 Stocks and 92 ETFs for diversifying NZAC (STATE STREET(R) SPDR(R) MSCI ACWI CLIMATE PARIS ALIGNED ETF)
The least correlated asset to NZAC (STATE STREET(R) SPDR(R) MSCI ACWI CLIMATE PARIS ALIGNED ETF) is ETF SH (ProShares Short S&P500 -1x Shares). The correlation is -0.955.
Stocks that lowly correlated with NZAC
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.62 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.54 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.48 |
| PROP | Prairie Operating Co. Common Stock | $60M | Energy | Oil & Gas E&p | -0.46 |
| ASIC | Ategrity Specialty Holdings LLC | $1.08B | Financial Services | Insurance - Property & Casualty | -0.45 |
| CURX | Curanex Pharmaceuticals Inc | $6.11M | Healthcare | Biotechnology | -0.44 |
| NYAX | Nayax Ltd | $2.63B | Technology | Software - Infrastructure | -0.42 |
| OYSE | Oyster Enterprises II Acquisition Corp | $268M | Financial Services | Shell Companies | -0.42 |