19 Stocks and 81 ETFs for diversifying Nordic American Tankers (NAT)
The least correlated asset to Nordic American Tankers (NAT) is ETF AALG (LEVERAGE SHARES 2X LONG AAL DAILY ETF). The correlation is -0.8412.
Stocks that lowly correlated with NAT
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| KYIV | Kyivstar Group Ltd | $3.48B | Communication Services | Telecom Services | -0.81 |
| HERZ | Herzfeld Credit Income Fund Inc Com | $230M | Financial Services | Asset Management | -0.72 |
| NSRX | Nasus Pharma Ltd | $28M | Healthcare | Drug Manufacturers - General | -0.69 |
| RAL | RALSTON PURINA CO | $7.56B | Technology | Electronic Components | -0.65 |
| THH | TryHard Holdings Ltd | $12M | Industrials | Specialty Business Services | -0.62 |
| GENVR | Gen Digital Inc | $843M | N/A | N/A | -0.60 |
| TRAK | DealerTrack Technologies Inc | $162M | Technology | Software - Application | -0.60 |
| AMBQ | Ambiq Micro Inc | $1.76B | Technology | Semiconductors | -0.60 |
| BOW | Bowhead Specialty Holdings Inc | $982M | Financial Services | Insurance - Property & Casualty | -0.59 |
| KKRT | KKR & Co. Inc | $22B | N/A | N/A | -0.55 |
| SOL | Emeren Group Ltd American Depositary Shares, each representing 10 shares | $100M | Technology | Solar | -0.53 |
| GRAN | Grande Group Ltd - Class A | $35M | Financial Services | Capital Markets | -0.53 |
| DXYZ | Destiny Tech100 Inc | $629M | Financial Services | Asset Management | -0.53 |
| HCHL | Happy City Holdings Ltd - Class A | $59M | Consumer Cyclical | Restaurants | -0.52 |
| IPEXU | Inflection Point Acquisition Corp V - Units (1 Ord Cls A & 1 Rts) | $29M | Financial Services | Shell Companies | -0.52 |
| DMAAR | Drugs Made In America Acquisition Corp | $1.29M | N/A | N/A | -0.51 |
| SRTA | Strata Critical Medical Inc Cl A Com | $462M | Healthcare | Medical Care Facilities | -0.50 |
| RBRK | Rubrik Inc - Class A | $16B | Technology | Software - Infrastructure | -0.50 |
| APO-P-A | Apollo Global Management Inc | $35B | N/A | Other | -0.50 |