Overview Performance Dividends Metrics Financials ETFs Industry Splits Correlations

69 Stocks and 31 ETFs for diversifying Hawaiian Electric Industries (HE)

The least correlated asset to Hawaiian Electric Industries (HE) is company Frazier Lifesciences Acquisition (FLAC). The correlation is -0.7654.

Stocks that lowly correlated with HE

Symbol	Name	Market cap	Sector	Industry	Correlation
FLAC	Frazier Lifesciences Acquisition Corp - Class A	$175M	N/A	N/A	-0.77
AURC	Better Home & Finance Holding Co. - Class A	$104M	N/A	N/A	-0.74
HMCOU	HumanCo Acquisition Corp - Units (1 Ord Class A & 1/2 War)	$386M	N/A	N/A	-0.67
VCKAU	Scilex Holding Company - Units (1 Ord & 1/2 War)	$37M	N/A	N/A	-0.66
IPOD	Dune Acquisition Corporation II Class A Ordinary Shares	$150M	Financial Services	Shell Companies	-0.65
HCHL	Happy City Holdings Ltd - Class A	$59M	Consumer Cyclical	Restaurants	-0.65
NVSAU	New Vista Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)	$350M	N/A	N/A	-0.65
SVFAU	SVF Investment Corp - Units (1 Ord Share Class A & 1/5 War)	$766M	N/A	N/A	-0.64
ORIQU	Origin Investment Corp I - Units (1 Ord Cls & 1/2 War)	$22M	Financial Services	Shell Companies	-0.64
THRN	Thorne Healthtech Inc	$549M	N/A	N/A	-0.63
ETOR	Etoro Group Ltd - Class A	$3.63B	Financial Services	Capital Markets	-0.61
STRZ	Starz Entertainment Corp	$468M	Communication Services	Entertainment	-0.61
TSIBU	Tishman Speyer Innovation Corp II - Units (1 Ord Share Class A & 1/5 War)	$301M	N/A	N/A	-0.61
DLCAU	Deep Lake Capital Acquisition Corp - Units (1 Ord Class A & 1/2 War)	$262M	N/A	N/A	-0.59
TWNP	Twin Hospitality Group Inc. Class A Common Stock	$4.08M	Consumer Cyclical	Restaurants	-0.59
SMTK	SmartKem, Inc. Common Stock	$4.23M	Technology	Semiconductor Equipment & Materials	-0.58
EDHL	Everbright Digital Holding Ltd	$5.88M	Communication Services	Advertising Agencies	-0.58
DFSC	DEFSEC Technologies Inc Com	$3.99M	Industrials	Aerospace & Defense	-0.57
ELOG	Eastern International Ltd	$9.59M	Industrials	Integrated Freight & Logistics	-0.56
HMCO	HumanCo Acquisition Corp - Class A	$387M	N/A	N/A	-0.56
SDACU	Sustainable Development Acquisition I Corp - Units (1 Ord Class A & 1/2 War)	$210M	N/A	N/A	-0.54
YSXT	Ysx Tech Co.Ltd - Class A	$20M	Industrials	Specialty Business Services	-0.54
NAACU	North Atlantic Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)	$482M	N/A	N/A	-0.53
FIG	Figma Inc - Class A	$12B	Technology	Software - Application	-0.53
TSHA	Taysha Gene Therapies Inc	$1.78B	Healthcare	Biotechnology	-0.52
HPLT	Home Plate Acquisition Corp - Class A	$77M	N/A	N/A	-0.50
HNGE	Hinge Health Inc - Class A	$6.74B	Healthcare	Health Information Services	-0.50
SWETU	Athlon Acquisition Corp - Units (1 Ord Class A & 1/2 War)	$277M	N/A	N/A	-0.50
PLT	N/A	$508M	N/A	N/A	-0.49
NOAC	Natural Order Acquisition Corp	$289M	N/A	N/A	-0.49
CTW	CTW Cayman - Class A	$147M	Communication Services	Electronic Gaming & Multimedia	-0.48
NOACU	Natural Order Acquisition Corp - Units (1 Ord & 1 War)	$289M	N/A	N/A	-0.48
FATN	Fatpipe Inc	$67M	Technology	Software - Infrastructure	-0.48
BGM	Qilian International Holding Group Ltd - Class A	$7.45M	Healthcare	Drug Manufacturers - Specialty & Generic	-0.47
KYIV	Kyivstar Group Ltd	$3.48B	Communication Services	Telecom Services	-0.47
RAL	RALSTON PURINA CO	$7.56B	Technology	Electronic Components	-0.47
RETO	ReTo Eco-Solutions Inc - Class A	$6.39M	Basic Materials	Building Materials	-0.47
NHICW	NewHold Investment Corp III - Warrants (01/01/9999)	$171M	N/A	N/A	-0.47
CHA	Chagee Holdings Ltd	$1.84B	Consumer Cyclical	Restaurants	-0.46
PLMKU	Plum Acquisition Corp IV - Units (1 Ord cls A & 1/2 Warr)	$213M	Financial Services	Shell Companies	-0.46
LHAI	Linkhome Holdings Inc	$19M	Real Estate	Real Estate Services	-0.46
CV	CapsoVision Inc	$315M	Healthcare	Medical Devices	-0.45
FAAS	DigiAsia Corp	$4.92M	Technology	Software - Infrastructure	-0.45
GENVR	Gen Digital Inc	$843M	N/A	N/A	-0.45
RIBBR	Ribbon Acquisition Corp Rights	$277K	N/A	N/A	-0.44
CCAIU	Cascadia Acquisition Corp - Units (1 Ord Class A & 1/2 War)	$110M	N/A	N/A	-0.44
LNAI	Lunai Bioworks Inc	$13M	Healthcare	Biotechnology	-0.44
APADR	Enhanced Group Inc	$6.67M	N/A	N/A	-0.44
STFS	Star Fashion Culture Holdings Ltd - Class A	$903K	Communication Services	Advertising Agencies	-0.44
CAEP	Cantor Equity Partners III Inc - Class A	$420M	Financial Services	Shell Companies	-0.43
MONCU	Monument Circle Acquisition Corp - Units (1 Ord Class A & 1/2 War)	$251M	N/A	N/A	-0.42
SOCAU	Solarius Capital Acquisition Corp Units	$179M	Financial Services	Shell Companies	-0.42
OMDA	Omada Health Inc	$1.41B	Healthcare	Health Information Services	-0.42
JMACU	Maxpro Capital Acquisition Corp - Units (1 Ord Share Class A & 1 War)	$150M	N/A	N/A	-0.42
CCV	Churchill Capital Corp V - Class A	$284M	N/A	N/A	-0.41
EUDA	Euda Health Holdings Ltd	$34M	Real Estate	Real Estate Services	-0.41
BDMD	Baird Medical Investment Holdings Ltd .	$34M	Healthcare	Medical Devices	-0.40
NCT	Intercont (Cayman) Ltd	$3.63M	Industrials	Marine Shipping	-0.40
CRCL	Circle Internet Group Inc - Class A	$16B	Financial Services	Capital Markets	-0.40
TTAN	ServiceTitan Inc - Class A	$7.44B	Technology	Software - Application	-0.40
EFC-P-D	Ellington Financial Inc	$2.84B	N/A	N/A	-0.39
SI	Shoulder Innovations Inc	$452M	N/A	N/A	-0.39
DBTX	Decibel Therapeutics Inc	$123M	N/A	N/A	-0.38
CSAI	Cloudastructure Inc - Class A	$7.44M	Technology	Software - Infrastructure	-0.38
RYOJ	rYojbaba Co. Ltd	$51M	Industrials	Consulting Services	-0.38
NXXT	NextNRG Inc	$45M	Utilities	Utilities - Renewable	-0.38
TVAIR	Thayer Ventures Acquisition Corporation II Rights	$166K	N/A	N/A	-0.38
SSEAU	Starry Sea Acquisition Corp - Units (1 Ord Shs & 1/6 Rts)	$19M	Financial Services	Shell Companies	-0.38
YHNAR	YHN Acquisition I Ltd	$193K	N/A	N/A	-0.38

ETFs that lowly correlated with HE

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
NOWL	GRANITESHARES 2X LONG NOW DAILY ETF	$286M	N/A	Jul 14, 2025	-0.75
CSHP	Enhanced Short-Term Bond ETF	$106M	0.20%	Jul 17, 2024	-0.66
GGOV	iShares Global Government Bond USD Hedged Active	$2.90B	0.39%	Jun 25, 2025	-0.61
PALU	Direxion Daily PANW Bull 2X Shares	$34M	N/A	Mar 25, 2025	-0.51
COYY	GRANITESHARES YIELDBOOST COIN ETF	$21M	1.07%	Jul 28, 2025	-0.51
CANC	TEMA ONCOLOGY ETF	$190M	0.75%	Aug 14, 2023	-0.50
BASG	BROWN ADVISORY SUSTAINABLE GROWTH ETF	$494M	0.61%	Jun 13, 2025	-0.50
DLLL	GRANITESHARES 2X LONG DELL DAILY ETF	$161M	N/A	Feb 12, 2025	-0.50
SNOU	T-REX 2X LONG SNOW DAILY TARGET ETF	$25M	N/A	Apr 23, 2025	-0.49
DVXK	WEBs Defined Volatility XLK ETF	$8M	0.89%	Jul 22, 2025	-0.48
CRWL	GRANITESHARES 2X LONG CRWD DAILY ETF	$53M	N/A	Nov 11, 2024	-0.46
QCMU	Direxion Daily QCOM Bull 2X ETF	$30M	N/A	Jun 24, 2025	-0.45
TRUT	VANECK TECHNOLOGY TRUSECTOR ETF	$163M	0.14%	Aug 20, 2025	-0.45
GXPT	GLOBAL X PURECAP MSCI INFORMATION TECHNOLOGY ETF	$121M	0.15%	Jul 22, 2025	-0.44
RBIL	F/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF	$139M	0.17%	Feb 24, 2025	-0.43
MSFW	ROUNDHILL MSFT WEEKLYPAY ETF	$27M	N/A	Jul 23, 2025	-0.43
HOOY	YIELDMAX(R) HOOD OPTION INCOME STRATEGY ETF	$133M	0.99%	May 7, 2025	-0.42
CRMG	LEVERAGE SHARES 2X LONG CRM DAILY ETF	$49M	N/A	Feb 9, 2026	-0.42
CSCL	Direxion Daily CSCO Bull 2X ETF	$16M	N/A	Jun 24, 2025	-0.42
SKRE	TUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF	$5.20M	N/A	Jan 3, 2024	-0.42
HOOW	ROUNDHILL HOOD WEEKLYPAY ETF	$146M	N/A	Jun 17, 2025	-0.42
KCSH	KRANESHARES SUSTAINABLE ULTRA SHORT DURATION INDEX ETF	$170M	0.20%	Jul 22, 2024	-0.41
QGRD	HORIZON NASDAQ-100 DEFINED RISK ETF	$106M	0.85%	Jul 9, 2025	-0.41
AMDW	ROUNDHILL AMD WEEKLYPAY ETF	$122M	N/A	Jul 23, 2025	-0.41
ARKD	ARK DIET Q1 BUFFER ETF	$1.50M	0.89%	Sep 25, 2025	-0.40
SRS	ProShares UltraShort Real Estate -2x Shares	$16M	N/A	Jan 30, 2007	-0.39
EMEM	SOPHUS CAPITAL EMERGING MARKET ETF	$61M	0.65%	May 19, 2026	-0.39
REK	PROSHARES SHORT REAL ESTATE	$9.80M	0.95%	Mar 16, 2010	-0.39
CRCG	LEVERAGE SHARES 2X LONG CRCL DAILY ETF	$67M	N/A	Aug 8, 2025	-0.38
CCUP	T-REX 2X LONG CRCL DAILY TARGET ETF	$25M	N/A	Aug 8, 2025	-0.38
UNHG	LEVERAGE SHARES 2X LONG UNH DAILY ETF	$121M	N/A	Jul 21, 2025	-0.38