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34 Stocks and 66 ETFs for diversifying Algonquin Power & Utilities (AQNB)

The least correlated asset to Algonquin Power & Utilities (AQNB) is ETF TAPR (Barclays Bank). The correlation is -0.8012.

Stocks that lowly correlated with AQNB

SymbolName
Market cap
SectorIndustry
Correlation
OYSEOyster Enterprises II Acquisition Corp$268MFinancial ServicesShell Companies-0.69
PROPPrairie Operating Co. Common Stock$60MEnergyOil & Gas E&p-0.68
ASICAtegrity Specialty Holdings LLC$1.08BFinancial ServicesInsurance - Property & Casualty-0.60
CRAQCal Redwood Acquisition Corp$320MFinancial ServicesShell Companies-0.59
BMHLBluemount Holdings Ltd$146MFinancial ServicesCapital Markets-0.58
CMNDClearmind Medicine Inc$2.12MHealthcareBiotechnology-0.57
WTGWintergreen Acquisition Corp$58MFinancial ServicesShell Companies-0.56
NSRXNasus Pharma Ltd$28MHealthcareDrug Manufacturers - General-0.56
AKUSAkouos Inc$490MN/AN/A-0.56
LSBKLake Shore Bancorp Inc$134MFinancial ServicesBanks - Regional-0.55
SIShoulder Innovations Inc$452MN/AN/A-0.55
TVAIThayer Ventures Acquisition Corporation II$208MFinancial ServicesShell Companies-0.52
PLBLPolibeli Group Ltd$2.84BConsumer CyclicalDepartment Stores-0.51
EPWKEPWK Holdings Ltd - Class A$9.78KTechnologySoftware - Application-0.51
BACCBlue Acquisition Corp - Class A$214MFinancial ServicesShell Companies-0.50
AZIAutozi Internet Technology (Global) Ltd - Class A$9.05MConsumer CyclicalAuto & Truck Dealerships-0.50
TGHLGrowhub Ltd (The) - Class A$19MTechnologySoftware - Infrastructure-0.50
ELOGEastern International Ltd$9.59MIndustrialsIntegrated Freight & Logistics-0.48
HNGEHinge Health Inc - Class A$6.74BHealthcareHealth Information Services-0.48
NYAXNayax Ltd$2.63BTechnologySoftware - Infrastructure-0.47
ORIQUOrigin Investment Corp I - Units (1 Ord Cls & 1/2 War)$22MFinancial ServicesShell Companies-0.46
GIBOGIBO Holdings Ltd$106MCommunication ServicesInternet Content & Information-0.46
ONCHU1RT Acquisition Corp - Units (1 Ord Cls A & 1 War)$39MFinancial ServicesShell Companies-0.44
FIGXUFIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$35MFinancial ServicesShell Companies-0.44
OHPAOrion Acquisition Corp - Class A$417MN/AN/A-0.44
TACHTitan Acquisition Corp - Class A$288MFinancial ServicesShell Companies-0.43
NDACNightDragon Acquisition Corp - Class A$445MN/AN/A-0.42
HMRSports Properties Acquisition Corp$65MIndustrialsMarine Shipping-0.42
SMXTSolarMax Technology Inc$20MTechnologySolar-0.42
LGPSLogProstyle Inc$26MIndustrialsConglomerates-0.40
PGACPantages Capital Acquisition Corp Cl A Ord Shs$118MFinancial ServicesShell Companies-0.39
NDACUNightDragon Acquisition Corp - Units (1 Ord Share Class A & 1/5 War)$444MN/AN/A-0.39
RALRALSTON PURINA CO$7.56BTechnologyElectronic Components-0.38
SPEGUSilver Pegasus Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$35MFinancial ServicesShell Companies-0.37

ETFs that lowly correlated with AQNB

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.80
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.72
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.66
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.66
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.66
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.66
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.65
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.64
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.63
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.62
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.62
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.62
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.61
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.61
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.61
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.61
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.61
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.61
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.60
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.60
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.60
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.60
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.59
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.59
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.59
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.59
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.58
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.58
WTIDBank of Montreal$18MN/AFeb 16, 2023-0.58
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.58
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.58
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.58
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.58
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.57
BRKWROUNDHILL BRKB WEEKLYPAY ETF $16MN/AJun 17, 2025-0.57
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.56
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.56
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.55
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.52
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.52
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.51
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.50
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.49
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.49
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.49
SDPProShares UltraShort Utilities -2x Shares$3.90MN/AJan 30, 2007-0.48
MMKTTEXAS CAPITAL GOVERNMENT MONEY MARKET ETF $73M0.20%Sep 24, 2024-0.48
BRKCYIELDMAX(R) BRK.B OPTION INCOME STRATEGY ETF $9.30M1.01%Jun 4, 2025-0.47
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.47
XLVISTATE STREET(R) HEALTH CARE SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)HEALTH CARE SELECT SECTOR SPDR(R) PREMIUM INCOME ETF$16M0.35%Jul 29, 2025-0.46
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.45
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $274M1.04%Sep 30, 2021-0.45
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.44
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.44
SOFRAmplify Samsung SOFR ETF$445M0.20%Nov 14, 2023-0.43
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.42
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.42
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3.20MN/AJun 16, 2009-0.41
AALGLEVERAGE SHARES 2X LONG AAL DAILY ETF $5.30MN/AJul 10, 2025-0.41
OILDBank of Montreal$53MN/ANov 8, 2021-0.41
DVXVWEBs Defined Volatility XLV ETF$480K0.89%Jul 22, 2025-0.41
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$895MN/ANov 24, 2008-0.41
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.40
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $176M0.50%May 10, 2021-0.38
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.37
SBILSimplify Government Money Market ETF$5B0.15%Jul 14, 2025-0.37