33 Stocks and 67 ETFs for diversifying Hennessy Advisors (HNNAZ)
The least correlated asset to Hennessy Advisors (HNNAZ) is ETF XCOM (Ultra Communication Services Select Sector ETF). The correlation is -1.
Stocks that lowly correlated with HNNAZ
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| KYIV | Kyivstar Group Ltd | $3.48B | Communication Services | Telecom Services | -0.74 |
| FIG | Figma Inc - Class A | $12B | Technology | Software - Application | -0.63 |
| RWTP | Redwood Trust Inc | $3.05B | N/A | N/A | -0.61 |
| RYOJ | rYojbaba Co. Ltd | $51M | Industrials | Consulting Services | -0.59 |
| BACC | Blue Acquisition Corp - Class A | $214M | Financial Services | Shell Companies | -0.59 |
| AMAO | American Acquisition Opportunity Inc - Class A | $118M | N/A | N/A | -0.56 |
| MNTN | MNTN Inc - Class A | $751M | Technology | Software - Application | -0.55 |
| WWACU | Aeries Technology Inc - Units (1 Ord Class A & 1/2 War) | $41M | N/A | N/A | -0.54 |
| CRAQ | Cal Redwood Acquisition Corp | $320M | Financial Services | Shell Companies | -0.51 |
| NEWTH | NewtekOne Inc | $728M | N/A | N/A | -0.51 |
| CRE | Cre8 Enterprise Ltd Class A | $6.60M | Industrials | Specialty Business Services | -0.50 |
| CNCK | Coincheck Group N.V. | $394M | Financial Services | Capital Markets | -0.50 |
| CAEP | Cantor Equity Partners III Inc - Class A | $420M | Financial Services | Shell Companies | -0.48 |
| NLOP | Net Lease Office Properties | $169M | Real Estate | Reit - Office | -0.48 |
| PLUT | Plutus Financial Group Ltd | $46M | Financial Services | Capital Markets | -0.48 |
| RAAQ | Real Asset Acquisition Corp - Class A | $231M | Financial Services | Shell Companies | -0.48 |
| CTW | CTW Cayman - Class A | $147M | Communication Services | Electronic Gaming & Multimedia | -0.47 |
| MNY | MoneyHero Ltd - Class A | $42M | Communication Services | Internet Content & Information | -0.47 |
| EMA | Emera Incorporated | $16B | Utilities | Utilities - Regulated Electric | -0.47 |
| FBLA | FB Bancorp Inc | $257M | Financial Services | Banks - Regional | -0.46 |
| TACH | Titan Acquisition Corp - Class A | $288M | Financial Services | Shell Companies | -0.46 |
| GAINI | Gladstone Investment Corporation | $1.02B | N/A | N/A | -0.46 |
| APADR | Enhanced Group Inc | $6.67M | N/A | N/A | -0.45 |
| FLG-P-U | Flagstar Financial Inc Bifurcated Option Note Unit SecuritiES | $17B | N/A | N/A | -0.45 |
| TOYO | TOYO Co Ltd | $210M | Technology | Solar | -0.45 |
| EURK | Eureka Acquisition Corp - Class A | $34M | Financial Services | Shell Companies | -0.45 |
| AKUS | Akouos Inc | $490M | N/A | N/A | -0.43 |
| SION | Sionna Therapeutics Inc | $2B | Healthcare | Biotechnology | -0.43 |
| VLTO | Veralto Corp | $22B | Industrials | Pollution & Treatment Controls | -0.43 |
| CBNA | Chain Bridge Bancorp Inc - Class A | $275M | Financial Services | Banks - Regional | -0.43 |
| YXT | Yxt.Com Group Holding Ltd | $21M | Technology | Software - Application | -0.42 |
| IBO | Impact BioMedical Inc | $50M | Healthcare | Biotechnology | -0.42 |
| TTGT | Techtarget Inc | $273M | Technology | Information Technology Services | -0.42 |