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79 Stocks and 21 ETFs for diversifying New Found Gold (NFGC)

The least correlated asset to New Found Gold (NFGC) is company LightWave Acquisition (LWAC). The correlation is -0.7227.

Stocks that lowly correlated with NFGC

SymbolName
Market cap
SectorIndustry
Correlation
LWACLightWave Acquisition Corp - Class A$221MFinancial ServicesShell Companies-0.72
FIGXFIGX Capital Acquisition Corp - Class A$159MFinancial ServicesShell Companies-0.66
IPCXInflection Point Acquisition Corp III - Class A$263MFinancial ServicesShell Companies-0.65
KCHVKochav Defense Acquisition Corp - Class A$263MFinancial ServicesShell Companies-0.61
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.61
CRECre8 Enterprise Ltd Class A$6.60MIndustrialsSpecialty Business Services-0.57
ELOGEastern International Ltd$9.59MIndustrialsIntegrated Freight & Logistics-0.57
OMSEOMS Energy Technologies Inc$197MEnergyOil & Gas Equipment & Services-0.56
TACHTitan Acquisition Corp - Class A$288MFinancial ServicesShell Companies-0.56
OHPAOrion Acquisition Corp - Class A$417MN/AN/A-0.54
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.53
TGHLGrowhub Ltd (The) - Class A$19MTechnologySoftware - Infrastructure-0.52
RDAGRepublic Digital Acquisition Co. - Class A$311MFinancial ServicesShell Companies-0.51
ETSElite Express Holding Inc - Class A$13MIndustrialsTrucking-0.49
DBTXDecibel Therapeutics Inc$123MN/AN/A-0.48
BMGLBasel Medical Group Ltd$9.61MHealthcareMedical Care Facilities-0.48
TFIN-PTriumph Financial Inc Depositary Shares Series C$531MFinancial ServicesBanks - Regional-0.48
NCTIntercont (Cayman) Ltd$3.63MIndustrialsMarine Shipping-0.46
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.46
HMRSports Properties Acquisition Corp$65MIndustrialsMarine Shipping-0.46
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.45
PGACPantages Capital Acquisition Corp Cl A Ord Shs$118MFinancial ServicesShell Companies-0.45
CUPRCuprina Holdings (Cayman) Ltd - Class A$11MHealthcareMedical Instruments & Supplies-0.45
CTWCTW Cayman - Class A$147MCommunication ServicesElectronic Gaming & Multimedia-0.45
SVFAUSVF Investment Corp - Units (1 Ord Share Class A & 1/5 War)$766MN/AN/A-0.45
BOWBowhead Specialty Holdings Inc$982MFinancial ServicesInsurance - Property & Casualty-0.44
EPWKEPWK Holdings Ltd - Class A$9.78KTechnologySoftware - Application-0.43
STAKStak Inc$55MEnergyOil & Gas Equipment & Services-0.43
FTAAFTAC Athena Acquisition Corp - Class A$261MN/AN/A-0.43
EHGOEshallgo Inc - Class A$3.67MIndustrialsBusiness Equipment & Supplies-0.42
CHAChagee Holdings Ltd$1.84BConsumer CyclicalRestaurants-0.42
SAFXXCF Global Inc$145MUtilitiesUtilities - Renewable-0.42
JEM707 Cayman Holdings Ltd$3.49MConsumer CyclicalApparel Retail-0.42
FLACFrazier Lifesciences Acquisition Corp - Class A$175MN/AN/A-0.41
HMCOUHumanCo Acquisition Corp - Units (1 Ord Class A & 1/2 War)$386MN/AN/A-0.41
SVCCUStellar V Capital Corp - Units (1 Ord Cls A & 1/2 War)$168MFinancial ServicesShell Companies-0.39
MNTNMNTN Inc - Class A$751MTechnologySoftware - Application-0.39
SPTKSportsTek Acquisition Corp - Class A$219MN/AN/A-0.39
HSPTRHorizon Space Acquisition II Corp Right$1MN/AN/A-0.39
LBLandbridge Company LLC. - Class A$5.70BEnergyOil & Gas Equipment & Services-0.39
CRAQCal Redwood Acquisition Corp$320MFinancial ServicesShell Companies-0.38
OBAOxley Bridge Acquisition Ltd - Class A$260MFinancial ServicesShell Companies-0.38
AXINAxiom Intelligence Acquisition Corp 1 - Class A$341MFinancial ServicesShell Companies-0.38
SWETAthlon Acquisition Corp - Class A$278MN/AN/A-0.37
LGPSLogProstyle Inc$26MIndustrialsConglomerates-0.37
PTLEPTL Ltd$70MConsumer CyclicalSpecialty Retail-0.37
DAAQDigital Asset Acquisition Corp - Class A$180MFinancial ServicesShell Companies-0.36
ANNAAleAnna Inc - Class A$131MEnergyOil & Gas E&p-0.36
NOACNatural Order Acquisition Corp$289MN/AN/A-0.36
TRONCorner Growth Acquisition Corp 2 - Class A$700MConsumer CyclicalLeisure-0.35
APADREnhanced Group Inc$6.67MN/AN/A-0.35
PACWPPacWest Bancorp Depositary Shares Each Representing a 140th Interest in a Share of 7.75 Fixed Rate NonCumulative Perpetual Preferred Stock Series A$2.48BN/AN/A-0.35
STFSStar Fashion Culture Holdings Ltd - Class A$903KCommunication ServicesAdvertising Agencies-0.35
GSHRGesher Acquisition Corp II - Class A$157MFinancial ServicesShell Companies-0.35
BMHLBluemount Holdings Ltd$146MFinancial ServicesCapital Markets-0.35
WENNWen Acquisition Corp - Class A$310MFinancial ServicesShell Companies-0.35
BRLSBorealis Foods Inc - Class A$19MConsumer DefensivePackaged Foods-0.35
CURXCuranex Pharmaceuticals Inc$6.11MHealthcareBiotechnology-0.35
RBCPRBC Bearings Incorporated 5.00 Series A Mandatory Convertible Preferred Stock$3.64BN/AN/A-0.34
NOACUNatural Order Acquisition Corp - Units (1 Ord & 1 War)$289MN/AN/A-0.34
SDHISiddhi Acquisition Corp - Class A$288MFinancial ServicesShell Companies-0.34
INACIndigo Acquisition Corp$118MFinancial ServicesShell Companies-0.34
NTCLNetClass Technology Inc - Class A$8.13MTechnologySoftware - Application-0.33
GRDNGuardian Pharmacy Services Inc$2.54BHealthcareMedical Care Facilities-0.33
STRZStarz Entertainment Corp$468MCommunication ServicesEntertainment-0.33
BOACBluescape Opportunities Acquisition Corp - Class A$227MN/AN/A-0.33
DLCAUDeep Lake Capital Acquisition Corp - Units (1 Ord Class A & 1/2 War)$262MN/AN/A-0.33
GATEVISTASHARES TARGET 15 GATE ENDOWMENT DISTRIBUTION ETF $425MFinancial ServicesShell Companies-0.33
GATEUMarblegate Acquisition Corp - Units (1 Ord Share Class A & 1/2 War)$340MFinancial ServicesShell Companies-0.33
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.33
MPTIM-tron Industries Inc$340MTechnologyElectronic Components-0.33
AZIAutozi Internet Technology (Global) Ltd - Class A$9.05MConsumer CyclicalAuto & Truck Dealerships-0.33
IPODDune Acquisition Corporation II Class A Ordinary Shares$150MFinancial ServicesShell Companies-0.33
GDSTGoldenstone Acquisition Ltd$23MFinancial ServicesShell Companies-0.32
RAYRaytech Holding Ltd$8.20MConsumer DefensiveHousehold & Personal Products-0.32
CHPGUChampionsGate Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.32
LHCLeo Holdings Corp II - Class A$80MN/AN/A-0.32
CPTKCrown PropTech Acquisitions - Class A$147MN/AN/A-0.32
KGKING PHARMACEUTICALS INC$77MFinancial ServicesInsurance - Reinsurance-0.32

ETFs that lowly correlated with NFGC

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
REFACOLUMBIA RESEARCH ENHANCED INTERNATIONAL EQUITY ETF $5.60M0.32%Dec 11, 2025-0.68
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.65
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.51
XLUISTATE STREET(R) UTILITIES SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $22M0.35%Jul 29, 2025-0.48
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.47
GGOViShares Global Government Bond USD Hedged Active$2.90B0.39%Jun 25, 2025-0.47
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.45
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.44
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.44
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.42
DULLBank of Montreal$21MN/AFeb 21, 2023-0.42
GGLSDirexion Daily GOOGL Bear 1X ETF$13M1.02%Sep 6, 2022-0.40
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.40
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.38
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.35
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.34
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.33
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.33
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.33
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.32
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.32