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53 Stocks and 47 ETFs for diversifying Cementos Pacasmayo S.A.A. (CPAC)

The least correlated asset to Cementos Pacasmayo S.A.A. (CPAC) is ETF GGOV (iShares Global Government Bond USD Hedged Active). The correlation is -0.8063.

Stocks that lowly correlated with CPAC

SymbolName
Market cap
SectorIndustry
Correlation
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.67
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.61
LWACLightWave Acquisition Corp - Class A$221MFinancial ServicesShell Companies-0.59
FIGXFIGX Capital Acquisition Corp - Class A$159MFinancial ServicesShell Companies-0.59
ELOGEastern International Ltd$9.59MIndustrialsIntegrated Freight & Logistics-0.56
CTWCTW Cayman - Class A$147MCommunication ServicesElectronic Gaming & Multimedia-0.54
VCICUVine Hill Capital Investment Corp - Units (1 Ord Class A & 1/2 War)$75MFinancial ServicesShell Companies-0.53
NCTIntercont (Cayman) Ltd$3.63MIndustrialsMarine Shipping-0.51
KGKING PHARMACEUTICALS INC$77MFinancial ServicesInsurance - Reinsurance-0.51
APADREnhanced Group Inc$6.67MN/AN/A-0.49
ONCHU1RT Acquisition Corp - Units (1 Ord Cls A & 1 War)$39MFinancial ServicesShell Companies-0.47
FERAFifth Era Acquisition Corp I - Class A$246MFinancial ServicesShell Companies-0.47
GAUZGauzy Ltd$7.44MTechnologyElectronic Components-0.47
SAFXXCF Global Inc$145MUtilitiesUtilities - Renewable-0.46
TACHTitan Acquisition Corp - Class A$288MFinancial ServicesShell Companies-0.46
BMGLBasel Medical Group Ltd$9.61MHealthcareMedical Care Facilities-0.46
AIIAmerican Integrity Insurance Group Inc$358MFinancial ServicesInsurance - Property & Casualty-0.45
YSXTYsx Tech Co.Ltd - Class A$20MIndustrialsSpecialty Business Services-0.43
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.42
INACRIndigo Acquisition Corp Right$448KN/AN/A-0.42
SVCCUStellar V Capital Corp - Units (1 Ord Cls A & 1/2 War)$168MFinancial ServicesShell Companies-0.41
ATPCAgape ATP Corp$2.52MConsumer DefensivePackaged Foods-0.41
BEAGUBold Eagle Acquisition Corp - Units (1Ord Cls A & 1 Rts)$55MFinancial ServicesShell Companies-0.40
TWNPTwin Hospitality Group Inc. Class A Common Stock$4.08MConsumer CyclicalRestaurants-0.39
IPEXInflection Point Acquisition Corp V - Class A$125MFinancial ServicesShell Companies-0.39
DAICCID HoldCo Inc$40MTechnologyInformation Technology Services-0.39
DHCADHC Acquisition Corp - Class A$16MN/AN/A-0.39
IPCXInflection Point Acquisition Corp III - Class A$263MFinancial ServicesShell Companies-0.38
PXDTPixie Dust Technologies Inc$8.62MTechnologyConsumer Electronics-0.38
ORIQUOrigin Investment Corp I - Units (1 Ord Cls & 1/2 War)$22MFinancial ServicesShell Companies-0.37
INACUIndigo Acquisition Corp - Units (1 Ord Shs & 1 Rts)$34MFinancial ServicesShell Companies-0.37
TRUGTruGolf Holdings Inc - Class A$1.24MConsumer CyclicalLeisure-0.37
ZYBTZhengye Biotechnology Holding Ltd$35MHealthcareDrug Manufacturers - Specialty & Generic-0.36
OMDAOmada Health Inc$1.41BHealthcareHealth Information Services-0.36
MSAIMultiSensor AI Holdings Inc$11MTechnologyElectronic Components-0.35
HCMAUHCM III Acquisition Corp - Units (1 Ord Cls A & 1 War)$77MFinancial ServicesShell Companies-0.34
RDAGRepublic Digital Acquisition Co. - Class A$311MFinancial ServicesShell Companies-0.34
POLEAndretti Acquisition Corp II - Class A$248MFinancial ServicesShell Companies-0.34
MENSJyong Biotech Ltd$174MHealthcareBiotechnology-0.34
EPWKEPWK Holdings Ltd - Class A$9.78KTechnologySoftware - Application-0.33
CHACUCrane Harbor Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$72MFinancial ServicesShell Companies-0.33
APUSApimeds Pharmaceuticals US Inc$8.51MHealthcareDrug Manufacturers - Specialty & Generic-0.33
RCDReady Capital Corp$3.84BN/AN/A-0.33
ULSUL Solutions Inc - Class A$18BIndustrialsSpecialty Business Services-0.33
OFSSOOFS Capital Corp$341MN/AN/A-0.33
MOBXMobix Labs Inc - Class A$20MTechnologySemiconductors-0.32
KCHVKochav Defense Acquisition Corp - Class A$263MFinancial ServicesShell Companies-0.32
DYCQDT Cloud Acquisition Corp$23MFinancial ServicesShell Companies-0.31
DFSCDEFSEC Technologies Inc Com$3.99MIndustrialsAerospace & Defense-0.30
BRLSBorealis Foods Inc - Class A$19MConsumer DefensivePackaged Foods-0.30
GDSTGoldenstone Acquisition Ltd$23MFinancial ServicesShell Companies-0.30
BACQUMerlin Inc - Units (1Ord Class A & 1 Rights)$781MFinancial ServicesShell Companies-0.30
RDACURising Dragon Acquisition Corp - Units (1 Ord Shs & 1 Rts)$13MFinancial ServicesShell Companies-0.30

ETFs that lowly correlated with CPAC

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
GGOViShares Global Government Bond USD Hedged Active$2.90B0.39%Jun 25, 2025-0.81
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.58
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.48
XLUISTATE STREET(R) UTILITIES SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $22M0.35%Jul 29, 2025-0.44
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.44
NTRLFirst Trust Equity Market Neutral ETF$19M0.95%Feb 4, 2020-0.44
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.43
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.43
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.42
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.40
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.40
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.40
DVUTWEBS Defined Volatility XLU ETF$273K0.89%Jul 22, 2025-0.39
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.38
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.37
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.37
NFXLDIREXION DAILY NFLX BULL 2X SHARES $141MN/AOct 2, 2024-0.37
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.37
NFLUT-REX 2X LONG NFLX DAILY TARGET ETF $46MN/ASep 26, 2024-0.37
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.36
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.36
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.36
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.36
QISSIMPLIFY MULTI-QIS ALTERNATIVE ETF $39M1.21%Jul 10, 2023-0.35
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.35
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.35
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.35
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.35
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.34
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.34
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.33
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.33
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.33
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.33
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.32
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.32
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.32
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.32
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3.20MN/AJun 16, 2009-0.32
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.32
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.32
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.32
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.31
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.31
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.31
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.31
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.31