Overview Performance Dividends Metrics Financials ETFs Industry Splits Correlations

71 Stocks and 29 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
DFSC	DEFSEC Technologies Inc Com	$8.73M	Industrials	Aerospace & Defense	-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
THRN	Thorne Healthtech Inc	$549M	N/A	N/A	-0.63
HCHL	Happy City Holdings Ltd - Class A	$59M	Consumer Cyclical	Restaurants	-0.62
ETOR	Etoro Group Ltd - Class A	$3.64B	Financial Services	Capital Markets	-0.62
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	-0.58
STRZ	Starz Entertainment Corp	$380M	Communication Services	Entertainment	-0.57
EDHL	Everbright Digital Holding Ltd	$4.80M	Communication Services	Advertising Agencies	-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	$24M	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
CRCL	Circle Internet Group Inc - Class A	$25B	Financial Services	Capital Markets	-0.53
TSHA	Taysha Gene Therapies Inc	$1.65B	Healthcare	Biotechnology	-0.52
TVAIU	Thayer Ventures Acquisition Corp II - Units (1 Ord Cls A & 1 Rts)	$10M	Financial Services	Shell Companies	-0.51
HPLT	Home Plate Acquisition Corp - Class A	$77M	N/A	N/A	-0.50
RETO	ReTo Eco-Solutions Inc	$6.13M	Basic Materials	Building Materials	-0.50
WTGUU	Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)	$20M	Financial Services	Shell Companies	-0.50
SWETU	Athlon Acquisition Corp - Units (1 Ord Class A & 1/2 War)	$277M	N/A	N/A	-0.50
DAIC	CID HoldCo Inc	$5.39M	Technology	Information Technology Services	-0.49
NOAC	Natural Order Acquisition Corp	$289M	N/A	N/A	-0.49
CSAI	Cloudastructure Inc - Class A	$8.98M	Technology	Software - Infrastructure	-0.48
HNGE	Hinge Health Inc - Class A	$4.21B	Healthcare	Health Information Services	-0.48
RIBBR	Ribbon Acquisition Corp Rights	$277K	N/A	N/A	-0.48
NOACU	Natural Order Acquisition Corp - Units (1 Ord & 1 War)	$289M	N/A	N/A	-0.48
RAAQ	Real Asset Acquisition Corp - Class A	$196M	Financial Services	Shell Companies	-0.47
PLMKU	Plum Acquisition Corp IV - Units (1 Ord cls A & 1/2 Warr)	$54M	Financial Services	Shell Companies	-0.47
BGM	Qilian International Holding Group Ltd - Class A	$7.45M	Healthcare	Drug Manufacturers - Specialty & Generic	-0.46
FAAS	DigiAsia Corp	$4.92M	Technology	Software - Infrastructure	-0.45
CCAIU	Cascadia Acquisition Corp - Units (1 Ord Class A & 1/2 War)	$110M	N/A	N/A	-0.44
STFS	Star Fashion Culture Holdings Ltd - Class A	$903K	Communication Services	Advertising Agencies	-0.44
BDMD	Baird Medical Investment Holdings Ltd .	$44M	Healthcare	Medical Devices	-0.44
DXF	N/A	$2.89M	Financial Services	Credit Services	-0.44
NHICW	NewHold Investment Corp III - Warrants (01/01/9999)	$171M	N/A	N/A	-0.43
LNAI	Lunai Bioworks Inc	$12M	Healthcare	Biotechnology	-0.43
FATN	Fatpipe Inc	$68M	Technology	Software - Infrastructure	-0.43
MONCU	Monument Circle Acquisition Corp - Units (1 Ord Class A & 1/2 War)	$251M	N/A	N/A	-0.42
LSE	Leishen Energy Holding Co Ltd	$77M	Energy	Oil & Gas Equipment & Services	-0.42
CAEP	Cantor Equity Partners III Inc - Class A	$420M	Financial Services	Shell Companies	-0.42
CHA	Chagee Holdings Ltd	$1.65B	Consumer Cyclical	Restaurants	-0.42
JMACU	Maxpro Capital Acquisition Corp - Units (1 Ord Share Class A & 1 War)	$150M	N/A	N/A	-0.42
YHNAR	YHN Acquisition I Ltd	$193K	N/A	N/A	-0.41
CCV	Churchill Capital Corp V - Class A	$284M	N/A	N/A	-0.41
RDAC	Rising Dragon Acquisition Corp	$39M	Financial Services	Shell Companies	-0.41
EUDA	Euda Health Holdings Ltd	$34M	Real Estate	Real Estate Services	-0.41
SORA	Top Win International Ltd	$65M	Consumer Cyclical	Luxury Goods	-0.41
EFC-P-D	Ellington Financial Inc	$2.87B	N/A	N/A	-0.40
NOEMU	CO2 Energy Transition Corp - Units (1 Ord1 War & 1 Rts)	$77M	Financial Services	Shell Companies	-0.40
OMDA	Omada Health Inc	$975M	Healthcare	Health Information Services	-0.40
UYSCU	UY Scuti Acquisition Corp - Units (1 Ord Shs & 1 Rts)	$89M	Financial Services	Shell Companies	-0.40
RAL	Ralliant Corporation	$6.99B	N/A	N/A	-0.39
DBTX	Decibel Therapeutics Inc	$123M	N/A	N/A	-0.38
NXXT	NextNRG Inc	$118M	Utilities	Utilities - Renewable	-0.38
CNCK	Coincheck Group N.V.	$276M	Financial Services	Capital Markets	-0.38
TWG	Top Wealth Group Holding Ltd	$133M	Consumer Defensive	Food Distribution	-0.38
TTAN	ServiceTitan Inc - Class A	$5.85B	Technology	Software - Application	-0.38
MSW	Ming Shing Group Holdings Ltd	$17M	Industrials	Engineering & Construction	-0.38
GENVR	Gen Digital Inc	$1.02B	N/A	N/A	-0.38
RDACU	Rising Dragon Acquisition Corp - Units (1 Ord Shs & 1 Rts)	$13M	Financial Services	Shell Companies	-0.37
PN	Skycorp Solar Group Ltd - Series A	$100M	Technology	Solar	-0.37
OSTX	OS Therapies Inc	$74M	Healthcare	Biotechnology	-0.36
SLDE	Slide Insurance Holdings Inc	$2.20B	Financial Services	Insurance - Property & Casualty	-0.36
VCXA	10X Capital Venture Acquisition Corp II - Class A	$86M	N/A	N/A	-0.36

ETFs that lowly correlated with HE

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
CSHP	Enhanced Short-Term Bond ETF	$190M	0.20%	Jul 17, 2024	-0.71
GGOV	iShares Global Government Bond USD Hedged Active	$44M	0.39%	Jun 25, 2025	-0.60
COII	REX COIN GROWTH & INCOME ETF	$2.80M	N/A	Jun 3, 2025	-0.53
QCMU	Direxion Daily QCOM Bull 2X ETF	$22M	N/A	Jun 24, 2025	-0.51
CANC	Tema Oncology ETF	$176M	0.75%	Aug 14, 2023	-0.51
PALU	Direxion Daily PANW Bull 2X Shares	$12M	N/A	Mar 25, 2025	-0.48
CRMG	LEVERAGE SHARES 2X LONG CRM DAILY ETF	$31M	N/A	Feb 9, 2026	-0.48
DLLL	GRANITESHARES 2X LONG DELL DAILY ETF	$24M	N/A	Feb 12, 2025	-0.46
SKRE	TUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF	$9.60M	N/A	Jan 3, 2024	-0.44
KCSH	KRANESHARES SUSTAINABLE ULTRA SHORT DURATION INDEX ETF	$174M	0.20%	Jul 22, 2024	-0.44
ICOI	BITWISE COIN OPTION INCOME STRATEGY ETF	$24M	0.96%	Apr 1, 2025	-0.43
CRWL	GRANITESHARES 2X LONG CRWD DAILY ETF	$41M	N/A	Nov 11, 2024	-0.43
QB	ProShares Nasdaq100 Dynamic Buffer ETF	$1.40M	0.58%	Jun 24, 2025	-0.41
TSII	REX TSLA GROWTH & INCOME ETF	$41M	N/A	Jun 3, 2025	-0.41
ARKD	ARK 21Shares Blockchain and Digital Economy Innovation ETF	$1.50M	0.89%	Jan 2, 2026	-0.41
NFLW	ROUNDHILL NFLX WEEKLYPAY ETF	$16M	N/A	Jun 17, 2025	-0.41
CSCL	Direxion Daily CSCO Bull 2X ETF	$5M	N/A	Jun 24, 2025	-0.41
PLTG	LEVERAGE SHARES 2X LONG PLTR DAILY ETF	$26M	N/A	Apr 24, 2025	-0.41
PYPG	LEVERAGE SHARES 2X LONG PYPL DAILY ETF	$27M	N/A	Apr 3, 2025	-0.40
QCML	GRANITESHARES 2X LONG QCOM DAILY ETF	$30M	N/A	Feb 12, 2025	-0.40
MSTP	GRANITESHARES 2X LONG MSTR DAILY ETF	$11M	N/A	Jun 9, 2025	-0.39
VBIL	Vanguard 03 Month Treasury Bill ETF	$7.40B	0.06%	Feb 10, 2025	-0.39
HOOY	YIELDMAX(R) HOOD OPTION INCOME STRATEGY ETF	$102M	0.99%	May 7, 2025	-0.39
SRS	ProShares UltraShort Real Estate -2x Shares	$17M	N/A	Jan 30, 2007	-0.38
REK	PROSHARES SHORT REAL ESTATE	$12M	0.95%	Mar 16, 2010	-0.38
PFIX	SIMPLIFY INTEREST RATE HEDGE ETF	$210M	0.50%	May 10, 2021	-0.38
HOOW	ROUNDHILL HOOD WEEKLYPAY ETF	$113M	N/A	Jun 17, 2025	-0.37
GMMF	iShares Government Money Market ETF	$110M	0.20%	Feb 4, 2025	-0.36
IVES	Wedbush ETFMG Global Cloud Technology ETF	$997M	0.75%	Jun 3, 2025	-0.36