8 Stocks and 92 ETFs for diversifying NZAC (SPDR MSCI ACWI CLIMATE PARIS ALIGNED ETF)
The least correlated asset to NZAC (SPDR MSCI ACWI CLIMATE PARIS ALIGNED ETF) is ETF SH (ProShares Short S&P500 -1x Shares). The correlation is -0.9545.
Stocks that lowly correlated with NZAC
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| TMDE | TMD Energy Ltd | $18M | Energy | Oil & Gas Midstream | -0.64 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.54 |
| RIBBU | Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $56M | Financial Services | Shell Companies | -0.53 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.48 |
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $20M | Financial Services | Shell Companies | -0.47 |
| PROP | Prairie Operating Co. Common Stock | $81M | Energy | Oil & Gas E&p | -0.46 |
| CDTG | CDT Environmental Technology Investment Holdings Ltd | $3.77M | Industrials | Waste Management | -0.46 |
| NYAX | Nayax Ltd | $3.09B | Technology | Software - Infrastructure | -0.43 |