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59 Stocks and 41 ETFs for diversifying Algonquin Power & Utilities (AQN)

The least correlated asset to Algonquin Power & Utilities (AQN) is company Newsmax (NMAX). The correlation is -0.636.

Stocks that lowly correlated with AQN

SymbolName
Market cap
SectorIndustry
Correlation
NMAXNewsmax Inc Class B$1BCommunication ServicesBroadcasting-0.64
HNGEHinge Health Inc - Class A$4.21BHealthcareHealth Information Services-0.63
WETOWebus International Ltd$11MTechnologySoftware - Infrastructure-0.58
STRZStarz Entertainment Corp$380MCommunication ServicesEntertainment-0.55
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.55
CSAICloudastructure Inc - Class A$8.98MTechnologySoftware - Infrastructure-0.54
LIONLionsgate Studios Corp - New$3.99BFinancial ServicesShell Companies-0.54
AKUSAkouos Inc$490MN/AN/A-0.53
DXFN/A$2.89MFinancial ServicesCredit Services-0.52
INVInnventure Inc$513MFinancial ServicesAsset Management-0.52
OMDAOmada Health Inc$975MHealthcareHealth Information Services-0.51
FATNFatpipe Inc$68MTechnologySoftware - Infrastructure-0.51
CHARUCharlton Aria Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$21MFinancial ServicesShell Companies-0.49
ADVBAdvanced Biomed Inc$5.36MHealthcareDiagnostics & Research-0.48
UYSCUUY Scuti Acquisition Corp - Units (1 Ord Shs & 1 Rts)$89MFinancial ServicesShell Companies-0.47
VNTGVantage Corp - Class A$19MIndustrialsMarine Shipping-0.47
ENGSEnergys Group Ltd$12MIndustrialsWaste Management-0.46
SORATop Win International Ltd$65MConsumer CyclicalLuxury Goods-0.45
HCHLHappy City Holdings Ltd - Class A$59MConsumer CyclicalRestaurants-0.45
ZBAIATIF Holdings Ltd$155MFinancial ServicesCapital Markets-0.45
BULLWebull Corporation$2.47BTechnologySoftware - Application-0.45
HTLMHomesToLife Ltd$157MConsumer CyclicalSpecialty Retail-0.45
FRBNUForbion European Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$316MN/AN/A-0.45
UYSCUY Scuti Acquisition Corp$73MFinancial ServicesShell Companies-0.44
AUREAurelion Inc - Class A$94MFinancial ServicesCapital Markets-0.43
JLHLJulong Holding Ltd - Class A$457MIndustrialsBuilding Products & Equipment-0.43
FMFCKandal M Venture Ltd - Class A$6.81MConsumer CyclicalFootwear & Accessories-0.43
TWNPTwin Hospitality Group Inc. Class A Common Stock$4.08MConsumer CyclicalRestaurants-0.43
RETOReTo Eco-Solutions Inc$6.13MBasic MaterialsBuilding Materials-0.42
OHPAUOrion Acquisition Corp - Units (1 Ord Share Class A & 1/4 War)$417MN/AN/A-0.42
SPTKSportsTek Acquisition Corp - Class A$219MN/AN/A-0.42
LUDLuda Technology Group Ltd$104MBasic MaterialsSteel-0.41
RNERUMount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt)$125MN/AN/A-0.41
USEAUnited Maritime Corp$24MIndustrialsMarine Shipping-0.40
OSTXOS Therapies Inc$74MHealthcareBiotechnology-0.40
UFGUni Fuels Holdings Ltd - Class A$24MIndustrialsMarine Shipping-0.40
RAAQUReal Asset Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$69MFinancial ServicesShell Companies-0.39
MSWMing Shing Group Holdings Ltd$17MIndustrialsEngineering & Construction-0.39
NDACUNightDragon Acquisition Corp - Units (1 Ord Share Class A & 1/5 War)$444MN/AN/A-0.39
SAFXXCF Global Inc$126MUtilitiesUtilities - Renewable-0.39
FUFUBitFuFu Inc - Class A$340MFinancial ServicesCapital Markets-0.39
ASICAtegrity Specialty Holdings LLC$969MFinancial ServicesInsurance - Property & Casualty-0.39
TMACMusic Acquisition Corporation - Series A$290MN/AN/A-0.38
GMHSGamehaus Holdings Inc$49MCommunication ServicesElectronic Gaming & Multimedia-0.38
TRAKDealerTrack Technologies Inc$188MTechnologySoftware - Application-0.37
TBHBrag House Holdings Inc$17MCommunication ServicesElectronic Gaming & Multimedia-0.37
GRDNGuardian Pharmacy Services Inc$2.49BHealthcareMedical Care Facilities-0.36
TSIBTishman Speyer Innovation Corp II - Class A$302MN/AN/A-0.36
UMACUnusual Machines Inc$900MTechnologyComputer Hardware-0.36
SSIISS Innovations International Inc$752MHealthcareMedical Devices-0.36
TMDETMD Energy Ltd$18MEnergyOil & Gas Midstream-0.36
NTHINeOnc Technologies Holdings Inc$120MHealthcareBiotechnology-0.36
NPBNorthpointe Bancshares Inc$598MFinancial ServicesBanks - Regional-0.35
PTLEPTL Ltd$70MConsumer CyclicalSpecialty Retail-0.35
WYHGWing Yip Food Holdings Group Ltd$43MConsumer DefensivePackaged Foods-0.35
HPLTUHome Plate Acquisition Corp - Units (1 Ord Class A & 1/2 War)$79MN/AN/A-0.35
MENSJyong Biotech Ltd$164MHealthcareBiotechnology-0.35
STAKStak Inc$17MEnergyOil & Gas Equipment & Services-0.35
PTNMPitanium Ltd - Class A$225MConsumer DefensiveHousehold & Personal Products-0.35

ETFs that lowly correlated with AQN

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.59
YETHROUNDHILL ETHER COVERED CALL STRATEGY ETF $73M0.96%Sep 3, 2024-0.50
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.50
QBProShares Nasdaq100 Dynamic Buffer ETF$1.40M0.58%Jun 24, 2025-0.49
SDPProShares UltraShort Utilities -2x Shares$4.60MN/AJan 30, 2007-0.49
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.47
GGOViShares Global Government Bond USD Hedged Active$44M0.39%Jun 25, 2025-0.46
QCMUDirexion Daily QCOM Bull 2X ETF$22MN/AJun 24, 2025-0.46
APPXTRADR 2X LONG APP DAILY ETF$140MN/AApr 24, 2025-0.46
NFLWROUNDHILL NFLX WEEKLYPAY ETF $16MN/AJun 17, 2025-0.45
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.45
TSLIGRANITESHARES 1X SHORT TSLA DAILY ETF $4MN/ASep 8, 2025-0.44
QCMLGRANITESHARES 2X LONG QCOM DAILY ETF $30MN/AFeb 12, 2025-0.44
AAPWROUNDHILL AAPL WEEKLYPAY ETF $39MN/AFeb 18, 2025-0.42
MHYWestern Asset Managed High Incm Fnd Inc$20M0.69%Sep 16, 2025-0.42
FBProShares S&P 500 Dynamic Buffer ETF$1.70M0.58%Jun 24, 2025-0.42
MSTUT-REX 2X LONG MSTR DAILY TARGET ETF $616MN/ASep 17, 2024-0.42
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.40
INTWGRANITESHARES 2X LONG INTC DAILY ETF $431MN/AFeb 12, 2025-0.40
LQPEPEO AlphaQuest Thematic PE ETF$13M1.25%Jan 27, 2025-0.40
MSIIREX MSTR GROWTH & INCOME ETF $4.40MN/AJun 3, 2025-0.39
PALUDirexion Daily PANW Bull 2X Shares$12MN/AMar 25, 2025-0.38
MSTXDefiance Daily Target 2x Long MSTR ETF$388MN/AAug 14, 2024-0.38
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.38
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.38
DLLLGRANITESHARES 2X LONG DELL DAILY ETF $24MN/AFeb 12, 2025-0.37
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.37
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.37
QUBXTRADR 2X LONG QUBT DAILY ETF $25MN/AJun 23, 2025-0.37
IVESWedbush ETFMG Global Cloud Technology ETF$997M0.75%Jun 3, 2025-0.37
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.37
TYLDCAMBRIA TACTICAL YIELD ETF $33M0.59%Jan 3, 2024-0.36
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.36
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.36
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.36
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.36
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.35
DULLBank of Montreal$15MN/AFeb 21, 2023-0.35
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.35
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.35
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.35