27 Stocks and 73 ETFs for diversifying Acuity Brands (AYI)
The least correlated asset to Acuity Brands (AYI) is ETF XLEI (STATE STREET(R) ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF). The correlation is -0.8411.
Stocks that lowly correlated with AYI
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| MCTR | CTRL Group Ltd | $15M | Communication Services | Advertising Agencies | -0.62 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.59 |
| TFIN-P | Triumph Financial Inc Depositary Shares Series C | $531M | Financial Services | Banks - Regional | -0.57 |
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $18M | Financial Services | Shell Companies | -0.56 |
| TGE | Generation Essentials Group - Class A | $370M | Financial Services | Asset Management | -0.55 |
| PELIR | Pelican Acquisition Corp | $2.80M | N/A | N/A | -0.54 |
| WSBK | Winchester Bancorp Inc | $121M | Financial Services | Banks - Regional | -0.49 |
| CURX | Curanex Pharmaceuticals Inc | $6.11M | Healthcare | Biotechnology | -0.48 |
| CDTG | CDT Environmental Technology Investment Holdings Ltd | $3.77M | Industrials | Waste Management | -0.48 |
| NCEW | New Century Logistics (BVI) Ltd | $54M | Industrials | Integrated Freight & Logistics | -0.47 |
| NAMM | Namib Minerals. | $87M | Basic Materials | Gold | -0.47 |
| IBAC | IB Acquisition Corp | $46M | Financial Services | Shell Companies | -0.46 |
| UBXG | U-BX Technology Ltd | $6.42M | Communication Services | Advertising Agencies | -0.46 |
| OMSE | OMS Energy Technologies Inc | $197M | Energy | Oil & Gas Equipment & Services | -0.44 |
| KMRK | KTech Solutions Company Ltd | $21M | Consumer Cyclical | Leisure | -0.42 |
| EQV | EQV Ventures Acquisition Corp. | $466M | Financial Services | Shell Companies | -0.42 |
| CRCL | Circle Internet Group Inc - Class A | $16B | Financial Services | Capital Markets | -0.41 |
| NAMI | Jinxin Technology Holding Company | $7.41M | Communication Services | Internet Content & Information | -0.41 |
| MCRP | Micropolis Holding Company | $42M | Technology | Computer Hardware | -0.41 |
| OYSE | Oyster Enterprises II Acquisition Corp | $268M | Financial Services | Shell Companies | -0.41 |
| INAC | Indigo Acquisition Corp | $118M | Financial Services | Shell Companies | -0.40 |
| SLXN | Silexion Therapeutics Corp | $3.11M | Healthcare | Biotechnology | -0.39 |
| BMGL | Basel Medical Group Ltd | $9.61M | Healthcare | Medical Care Facilities | -0.39 |
| STRC | Microstrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock | $29B | Technology | Software - Application | -0.39 |
| KCHV | Kochav Defense Acquisition Corp - Class A | $263M | Financial Services | Shell Companies | -0.38 |
| FLAC | Frazier Lifesciences Acquisition Corp - Class A | $175M | N/A | N/A | -0.38 |
| RAY | Raytech Holding Ltd | $8.20M | Consumer Defensive | Household & Personal Products | -0.38 |