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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

SymbolName
Market cap
SectorIndustry
Correlation
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.62
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.54
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.48
PROPPrairie Operating Co. Common Stock$60MEnergyOil & Gas E&p-0.46
ASICAtegrity Specialty Holdings LLC$1.08BFinancial ServicesInsurance - Property & Casualty-0.45
CURXCuranex Pharmaceuticals Inc$6.11MHealthcareBiotechnology-0.44
NYAXNayax Ltd$2.63BTechnologySoftware - Infrastructure-0.42
OYSEOyster Enterprises II Acquisition Corp$268MFinancial ServicesShell Companies-0.42

ETFs that lowly correlated with NZAC

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.95
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.95
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.95
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.90
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.90
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.90
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.89
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.89
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.88
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.88
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.88
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.88
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.88
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.88
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.87
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.87
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.86
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.86
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.85
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.85
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.85
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.84
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.84
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.84
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.83
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.82
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.82
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.82
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.82
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.82
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.79
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.79
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.78
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.78
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.77
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.77
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.77
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.76
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.75
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.75
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.74
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.73
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.72
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.72
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.72
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.71
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.71
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.71
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.68
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.67
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.66
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.65
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.64
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $16M1.03%Feb 11, 2025-0.63
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.63
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $61MN/AAug 21, 2023-0.63
NVDQT-REX 2X INVERSE NVIDIA DAILY TARGET ETF $22MN/AOct 18, 2023-0.62
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $19M1.01%Sep 12, 2023-0.61
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.61
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.61
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.60
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.60
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.59
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.58
QCMDDirexion Daily QCOM Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.57
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, 2025-0.56
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $14M0.96%Aug 8, 2022-0.55
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.55
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.53
MSFDDIREXION DAILY MSFT BEAR 1X SHARES $11M1.02%Sep 6, 2022-0.53
GXPEGLOBAL X PURECAP MSCI ENERGY ETF $1.20M0.15%Jul 22, 2025-0.53
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $29MN/AJul 16, 2009-0.52
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.51
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.51
SETHProShares Short Ether ETF$23M0.95%Nov 1, 2023-0.50
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.50
WTIDBank of Montreal$18MN/AFeb 16, 2023-0.49
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.49
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.49
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $13MN/AMar 31, 2025-0.48
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3.20MN/AJun 16, 2009-0.47
SHRTGOTHAM SHORT STRATEGIES ETF $14M1.35%Jul 31, 2017-0.47
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $16M1.05%May 1, 2024-0.47
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $176M0.50%May 10, 2021-0.47
YXIProShares Short FTSE China 50 -1x Shares$5M0.95%Mar 16, 2010-0.46
FXPProShares UltraShort FTSE China 50 -2x Shares$7.60MN/ANov 6, 2007-0.46
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.46
ETHDProShares UltraShort Ether ETF$86MN/AJun 6, 2024-0.45
SDPProShares UltraShort Utilities -2x Shares$3.90MN/AJan 30, 2007-0.45
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$895MN/ANov 24, 2008-0.45
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $274M1.04%Sep 30, 2021-0.44
OILDBank of Montreal$53MN/ANov 8, 2021-0.42