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57 Stocks and 43 ETFs for diversifying NextEra Energy (NEE)

The least correlated asset to NextEra Energy (NEE) is ETF DKNX (DEFIANCE DAILY TARGET 2X LONG DKNG ETF). The correlation is -0.8624.

Stocks that lowly correlated with NEE

SymbolName
Market cap
SectorIndustry
Correlation
MSGYMasonglory Ltd$5.30MIndustrialsEngineering & Construction-0.80
LIONLionsgate Studios Corp - New$3.99BFinancial ServicesShell Companies-0.71
SIShoulder Innovations Inc$452MN/AN/A-0.66
PCLNPriceline.com Inc$906MN/AN/A-0.65
WETOWetour Robotics Ltd$11MTechnologySoftware - Infrastructure-0.64
CHARUCharlton Aria Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$20MFinancial ServicesShell Companies-0.60
TTANServiceTitan Inc - Class A$7.44BTechnologySoftware - Application-0.59
HNGEHinge Health Inc - Class A$6.74BHealthcareHealth Information Services-0.59
OYSEOyster Enterprises II Acquisition Corp$268MFinancial ServicesShell Companies-0.57
DLXYDelixy Holdings Ltd$7.64MEnergyOil & Gas Refining & Marketing-0.57
CURXCuranex Pharmaceuticals Inc$6.11MHealthcareBiotechnology-0.56
GRANGrande Group Ltd - Class A$35MFinancial ServicesCapital Markets-0.56
BMHLBluemount Holdings Ltd$146MFinancial ServicesCapital Markets-0.55
ZYBTZhengye Biotechnology Holding Ltd$35MHealthcareDrug Manufacturers - Specialty & Generic-0.53
RALRALSTON PURINA CO$7.56BTechnologyElectronic Components-0.53
TGHLGrowhub Ltd (The) - Class A$19MTechnologySoftware - Infrastructure-0.51
STRZStarz Entertainment Corp$468MCommunication ServicesEntertainment-0.51
EPWKEPWK Holdings Ltd - Class A$9.78KTechnologySoftware - Application-0.51
VNTGVantage Corp - Class A$19MIndustrialsMarine Shipping-0.50
FRBNUForbion European Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$316MN/AN/A-0.50
PLBLPolibeli Group Ltd$2.84BConsumer CyclicalDepartment Stores-0.49
WGRXWellgistics Health Inc$6.79MHealthcarePharmaceutical Retailers-0.49
UFGUni Fuels Holdings Ltd - Class A$24MIndustrialsMarine Shipping-0.48
AZIAutozi Internet Technology (Global) Ltd - Class A$9.05MConsumer CyclicalAuto & Truck Dealerships-0.47
ARXAccelerant Holdings - Class A$2.82BFinancial ServicesInsurance Brokers-0.47
TVAIThayer Ventures Acquisition Corporation II$208MFinancial ServicesShell Companies-0.45
GENVRGen Digital Inc$843MN/AN/A-0.44
ASICAtegrity Specialty Holdings LLC$1.08BFinancial ServicesInsurance - Property & Casualty-0.44
HCHLHappy City Holdings Ltd - Class A$59MConsumer CyclicalRestaurants-0.44
UCFICN Healthy Food Tech Group Corp$288MConsumer DefensivePackaged Foods-0.43
IROHIron Horse Acquisitions Corp$263MFinancial ServicesShell Companies-0.43
BSAABEST SPAC I Acquisition Corp - Class A$63MFinancial ServicesShell Companies-0.43
RBRKRubrik Inc - Class A$16BTechnologySoftware - Infrastructure-0.43
RDDTReddit Inc - Class A$38BCommunication ServicesInternet Content & Information-0.42
TRAKDealerTrack Technologies Inc$162MTechnologySoftware - Application-0.41
DXFN/A$1.40MFinancial ServicesCredit Services-0.41
ICUSeaStar Medical Holding Corp$18MHealthcareBiotechnology-0.41
VACHUVoyager Acquisition Corp - Units (1 Ord Class A & 1/2 War)$80MFinancial ServicesShell Companies-0.41
CUBWULionheart Holdings - Units (1 Ord Class A & 1 War)$252MFinancial ServicesShell Companies-0.41
GRDNGuardian Pharmacy Services Inc$2.54BHealthcareMedical Care Facilities-0.41
NTCLNetClass Technology Inc - Class A$8.13MTechnologySoftware - Application-0.40
NIQNIQ Global Intelligence plc$3.24BN/AN/A-0.39
UMACUnusual Machines Inc$885MTechnologyComputer Hardware-0.38
ALABAstera Labs Inc$60BTechnologySemiconductors-0.38
CAICaris Life Sciences Inc - Class A$4.94BHealthcareBiotechnology-0.38
TBHCThe Brand House Collective Inc Com$21MConsumer CyclicalHome Improvement Retail-0.38
WYHGWing Yip Food Holdings Group Ltd$59MConsumer DefensivePackaged Foods-0.37
FDSBFifth District Bancorp Inc$94MFinancial ServicesBanks - Regional-0.37
CHYMChime Financial Inc - Class A$8.43BTechnologySoftware - Application-0.37
FTRKFast Track Group.$9.53MCommunication ServicesEntertainment-0.37
AMBQAmbiq Micro Inc$1.76BTechnologySemiconductors-0.37
FATNFatpipe Inc$67MTechnologySoftware - Infrastructure-0.37
HERZHerzfeld Credit Income Fund Inc Com$230MFinancial ServicesAsset Management-0.36
RITRReitar Logtech Holdings Ltd - Class A$13MIndustrialsEngineering & Construction-0.36
IBACIB Acquisition Corp$46MFinancial ServicesShell Companies-0.36
HSPTRHorizon Space Acquisition II Corp Right$1MN/AN/A-0.36
GIWGigInternational1 Inc$138MFinancial ServicesShell Companies-0.36

ETFs that lowly correlated with NEE

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
DKNXDEFIANCE DAILY TARGET 2X LONG DKNG ETF $5.40MN/AJul 30, 2025-0.86
SDPProShares UltraShort Utilities -2x Shares$3.90MN/AJan 30, 2007-0.76
LABXTRADR 2X LONG ALAB DAILY ETF $136MN/AAug 11, 2025-0.57
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $274M1.04%Sep 30, 2021-0.54
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.54
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $176M0.50%May 10, 2021-0.53
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.52
AALGLEVERAGE SHARES 2X LONG AAL DAILY ETF $5.30MN/AJul 10, 2025-0.51
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.50
GLDWROUNDHILL GOLD WEEKLYPAY ETF $17MN/AOct 29, 2025-0.47
ASCEALLSPRING SMID CORE ETF $118M0.38%Jul 7, 2025-0.47
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.46
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.46
MUNANORTHERN TRUST 2030 TAX-EXEMPT DISTRIBUTING LADDER ETF $9M0.18%Aug 18, 2025-0.46
CLCVCrossmark Large Cap Value ETF$17M0.50%Jul 22, 2025-0.45
RVNLGRANITESHARES 2X LONG RIVN DAILY ETF $15MN/AApr 21, 2025-0.43
MCOWPACER S&P MIDCAP 400 QUALITY FCF ARISTOCRATS ETF $1.10M0.49%Aug 27, 2025-0.43
DVXFWEBs Defined Volatility XLF ETF$251K0.89%Jul 22, 2025-0.43
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.41
TMVDIREXION DAILY 20+ YEAR TREASURY BEAR 3X SHARES $163MN/AApr 16, 2009-0.41
TTTProShares UltraPro Short 20+ Year Treasury -3x Shares$17MN/AMar 27, 2012-0.41
TBFPROSHARES SHORT 20+ YEAR TREASURY $87M0.95%Aug 18, 2009-0.41
TBTPROSHARES ULTRASHORT 20+ YEAR TREASURY $280MN/AApr 29, 2008-0.40
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.40
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.40
RDTLGRANITESHARES 2X LONG RDDT DAILY ETF $57MN/AMar 24, 2025-0.40
TFNST. ROWE PRICE FINANCIALS ETF $14M0.44%Jun 11, 2025-0.40
UPSXTRADR 2X LONG UPST DAILY ETF $33MN/AJun 9, 2025-0.39
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.39
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.39
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.39
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.38
PSTPROSHARES ULTRASHORT 7-10 YEAR TREASURY $11MN/AApr 29, 2008-0.38
TBXPROSHARES SHORT 7-10 YEAR TREASURY $20M0.95%Apr 4, 2011-0.38
TYODIREXION DAILY 7-10 YEAR TREASURY BEAR 3X SHARES $12MN/AApr 16, 2009-0.38
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.38
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.37
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.37
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.37
NOWLGRANITESHARES 2X LONG NOW DAILY ETF $286MN/AJul 14, 2025-0.37
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.36
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.36
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.36