10 Stocks and 90 ETFs for diversifying American Water Works (AWK)
The least correlated asset to American Water Works (AWK) is ETF GOOW (ROUNDHILL GOOGL WEEKLYPAY ETF). The correlation is -0.8144.
Stocks that lowly correlated with AWK
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| ATII | Archimedes Tech SPAC Partners II Company | $247M | Financial Services | Shell Companies | -0.73 |
| COLAR | Columbus Acquisition Corp Rights | $778K | N/A | N/A | -0.65 |
| BKV | BKV Corp | $2.81B | Energy | Oil & Gas E&p | -0.64 |
| TMUSZ | TMobile US Inc 5.500 Senior Notes due March 2070 | $24B | N/A | N/A | -0.62 |
| BCAR | Bank of the Carolinas CORP | $303M | Financial Services | Shell Companies | -0.62 |
| CMPOV | CompoSecure Inc | $3.51B | N/A | N/A | -0.62 |
| NMPAU | NMP Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $35M | Financial Services | Shell Companies | -0.61 |
| KKRT | KKR & Co. Inc | $22B | N/A | N/A | -0.61 |
| TMUSL | TMobile US Inc 6.250 Senior Notes due 2069 | $27B | N/A | N/A | -0.60 |
| TVAIU | Thayer Ventures Acquisition Corp II - Units (1 Ord Cls A & 1 Rts) | $9.15M | Financial Services | Shell Companies | -0.59 |