26 Stocks and 74 ETFs for diversifying UTG (Reaves Utility Income Fund)
The least correlated asset to UTG (Reaves Utility Income Fund) is ETF SMCZ (DEFIANCE DAILY TARGET 2X SHORT SMCI ETF). The correlation is -0.7882.
Stocks that lowly correlated with UTG
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| HBNB | Hotel101 Global Holdings Corp | $1.36B | Real Estate | Real Estate Services | -0.77 |
| JCAP | Jefferson Capital Inc | $950M | Financial Services | Credit Services | -0.63 |
| LION | Lionsgate Studios Corp - New | $3.99B | Financial Services | Shell Companies | -0.56 |
| FIGXU | FIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War) | $35M | Financial Services | Shell Companies | -0.56 |
| WGRX | Wellgistics Health Inc | $7.55M | Healthcare | Pharmaceutical Retailers | -0.54 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.53 |
| AKUS | Akouos Inc | $490M | N/A | N/A | -0.53 |
| NTWOU | Newbury Street II Acquisition Corp - Units (1 Ord Cls A & 1/2 War) | $183M | Financial Services | Shell Companies | -0.51 |
| CHACU | Crane Harbor Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $72M | Financial Services | Shell Companies | -0.49 |
| PROP | Prairie Operating Co. Common Stock | $81M | Energy | Oil & Gas E&p | -0.48 |
| APUS | Apimeds Pharmaceuticals US Inc | $1.82M | Healthcare | Drug Manufacturers - Specialty & Generic | -0.46 |
| CMND | Clearmind Medicine Inc | $2.88M | Healthcare | Biotechnology | -0.45 |
| MCTR | CTRL Group Ltd | $15M | Communication Services | Advertising Agencies | -0.43 |
| RAL | Ralliant Corporation | $6.99B | N/A | N/A | -0.42 |
| CDTG | CDT Environmental Technology Investment Holdings Ltd | $3.77M | Industrials | Waste Management | -0.41 |
| VCKAU | Scilex Holding Company - Units (1 Ord & 1/2 War) | $37M | N/A | N/A | -0.38 |
| PMNT | Perfect Moment Ltd | $7.77M | Consumer Cyclical | Apparel Manufacturing | -0.38 |
| LGPS | LogProstyle Inc | $16M | Industrials | Conglomerates | -0.38 |
| APRN | Blue Apron Holdings Inc - Class A | $100M | N/A | N/A | -0.38 |
| FTRK | Fast Track Group. | $8.26M | Communication Services | Entertainment | -0.37 |
| NDAC | NightDragon Acquisition Corp - Class A | $445M | N/A | N/A | -0.37 |
| SHMD | SCHMID Group N.V. - Class A | $300M | Industrials | Specialty Industrial Machinery | -0.36 |
| SLDE | Slide Insurance Holdings Inc | $2.20B | Financial Services | Insurance - Property & Casualty | -0.36 |
| DTSQ | DT Cloud Star Acquisition Corp | $70M | Financial Services | Shell Companies | -0.35 |
| IBIO | iBio Inc | $65M | Healthcare | Biotechnology | -0.35 |
| CHYM | Chime Financial Inc - Class A | $6.59B | Technology | Software - Application | -0.35 |