34 Stocks and 66 ETFs for diversifying UAE (ISHARES MSCI UAE ETF)
The least correlated asset to UAE (ISHARES MSCI UAE ETF) is company TMD Energy (TMDE). The correlation is -0.7818.
Stocks that lowly correlated with UAE
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| TMDE | TMD Energy Ltd | $18M | Energy | Oil & Gas Midstream | -0.78 |
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $20M | Financial Services | Shell Companies | -0.68 |
| EQV | EQV Ventures Acquisition Corp. | $466M | Financial Services | Shell Companies | -0.62 |
| STAK | Stak Inc | $17M | Energy | Oil & Gas Equipment & Services | -0.59 |
| CDTG | CDT Environmental Technology Investment Holdings Ltd | $3.77M | Industrials | Waste Management | -0.58 |
| STRZ | Starz Entertainment Corp | $380M | Communication Services | Entertainment | -0.58 |
| TURB | Turbo Energy S.A. | $7.58M | Technology | Solar | -0.57 |
| RIBBU | Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $56M | Financial Services | Shell Companies | -0.54 |
| OKUR | Reneo Pharmaceuticals Inc - Class A | $59M | Healthcare | Biotechnology | -0.53 |
| SAFX | XCF Global Inc | $126M | Utilities | Utilities - Renewable | -0.53 |
| MOBX | Mobix Labs Inc - Class A | $20M | Technology | Semiconductors | -0.50 |
| IBACR | IB Acquisition Corp | $489K | N/A | N/A | -0.50 |
| CRCL | Circle Internet Group Inc - Class A | $25B | Financial Services | Capital Markets | -0.49 |
| MCTR | CTRL Group Ltd | $15M | Communication Services | Advertising Agencies | -0.49 |
| HYAC-U | Haymaker Acquisition Corp 4 - Units (1 Ord Class A & 1/2 War) | $65M | N/A | N/A | -0.47 |
| ZBAO | Zhibao Technology Inc | $32M | Financial Services | Insurance Brokers | -0.47 |
| PTWOU | SBC Medical Group Holdings Inc - Units (1 Ord Class A & 1 War) | $1.13B | N/A | N/A | -0.46 |
| WETO | Webus International Ltd | $11M | Technology | Software - Infrastructure | -0.46 |
| EONR | HNR Acquisition Corp | $22M | Energy | Oil & Gas E&p | -0.45 |
| FBYD | Falcon`s Beyond Global Inc - Class A | $725M | Industrials | Conglomerates | -0.44 |
| HBNB | Hotel101 Global Holdings Corp | $1.36B | Real Estate | Real Estate Services | -0.43 |
| EDHL | Everbright Digital Holding Ltd | $4.80M | Communication Services | Advertising Agencies | -0.43 |
| MCACU | ConnectM Technology Solutions Inc - Units (1 Ord Class A 1 War & 1 Right) | $70M | Financial Services | Shell Companies | -0.43 |
| ANNA | AleAnna Inc - Class A | $122M | Energy | Oil & Gas E&p | -0.42 |
| HCHL | Happy City Holdings Ltd - Class A | $59M | Consumer Cyclical | Restaurants | -0.40 |
| ADVB | Advanced Biomed Inc | $5.36M | Healthcare | Diagnostics & Research | -0.40 |
| OMDA | Omada Health Inc | $975M | Healthcare | Health Information Services | -0.39 |
| LION | Lionsgate Studios Corp - New | $3.99B | Financial Services | Shell Companies | -0.39 |
| GRO | Brazil Potash Corp | $132M | Basic Materials | Other Industrial Metals & Mining | -0.39 |
| BMGL | Basel Medical Group Ltd | $11M | Healthcare | Medical Care Facilities | -0.39 |
| XCH | XCHG Ltd | $1.46B | Industrials | Specialty Industrial Machinery | -0.38 |
| PROP | Prairie Operating Co. Common Stock | $81M | Energy | Oil & Gas E&p | -0.38 |
| LSH | Lakeside Holding Ltd | $20M | Industrials | Integrated Freight & Logistics | -0.38 |
| NMAX | Newsmax Inc Class B | $1B | Communication Services | Broadcasting | -0.37 |