9 Stocks and 91 ETFs for diversifying NZUS (State Street SPDR MSCI USA Climate Paris Aligned ETF)
The least correlated asset to NZUS (State Street SPDR MSCI USA Climate Paris Aligned ETF) is ETF SH (ProShares Short S&P500 -1x Shares). The correlation is -0.9804.
Stocks that lowly correlated with NZUS
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| WSBK | Winchester Bancorp Inc | $121M | Financial Services | Banks - Regional | -0.63 |
| SOL | Emeren Group Ltd American Depositary Shares, each representing 10 shares | $100M | Technology | Solar | -0.60 |
| IPOD | Dune Acquisition Corp II - Class A | $150M | Financial Services | Shell Companies | -0.60 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.55 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.50 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.49 |
| CPSR | Gelesis Holdings Inc - Class A | $1.87B | N/A | N/A | -0.48 |
| MCTR | CTRL Group Ltd | $15M | Communication Services | Advertising Agencies | -0.48 |
| QSEA | Quartzsea Acquisition Corp | $87M | Financial Services | Shell Companies | -0.45 |