Skip to main content

Want a detailed portfolio tracker?

OverviewPerformanceMetricsFinancialsIndustryCorrelations
High CorrelationLow Correlation

68 Stocks and 32 ETFs for diversifying New Found Gold (NFGC)

The least correlated asset to New Found Gold (NFGC) is ETF REFA (INVESCO INTERNATIONAL REVENUE ETF). The correlation is -0.6745.

Stocks that lowly correlated with NFGC

SymbolName
Market cap
SectorIndustry
Correlation
IPCXInflection Point Acquisition Corp III - Class A$261MFinancial ServicesShell Companies-0.66
OMSEOMS Energy Technologies Inc$201MEnergyOil & Gas Equipment & Services-0.66
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.55
OHPAOrion Acquisition Corp - Class A$417MN/AN/A-0.54
TACHTitan Acquisition Corp - Class A$286MFinancial ServicesShell Companies-0.53
BMGLBasel Medical Group Ltd$11MHealthcareMedical Care Facilities-0.50
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.49
DBTXDecibel Therapeutics Inc$123MN/AN/A-0.48
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.45
BOWBowhead Specialty Holdings Inc$886MFinancial ServicesInsurance - Property & Casualty-0.45
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.45
SVFAUSVF Investment Corp - Units (1 Ord Share Class A & 1/5 War)$766MN/AN/A-0.45
RDAGRepublic Digital Acquisition Co. - Class A$310MFinancial ServicesShell Companies-0.44
LBLandbridge Company LLC. - Class A$5.70BEnergyOil & Gas Equipment & Services-0.43
FTAAFTAC Athena Acquisition Corp - Class A$261MN/AN/A-0.43
TRONCorner Growth Acquisition Corp 2 - Class A$996MConsumer CyclicalLeisure-0.42
SAFXXCF Global Inc$126MUtilitiesUtilities - Renewable-0.42
HMRSports Properties Acquisition Corp$73MIndustrialsMarine Shipping-0.42
RAAQReal Asset Acquisition Corp - Class A$196MFinancial ServicesShell Companies-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
EPWKEPWK Holdings Ltd - Class A$9.78KTechnologySoftware - Application-0.41
APUSApimeds Pharmaceuticals US Inc$1.82MHealthcareDrug Manufacturers - Specialty & Generic-0.40
NCTIntercont (Cayman) Ltd$2.61MIndustrialsMarine Shipping-0.39
SPTKSportsTek Acquisition Corp - Class A$219MN/AN/A-0.39
EHGOEshallgo Inc - Class A$2.55MIndustrialsBusiness Equipment & Supplies-0.38
ANNAAleAnna Inc - Class A$122MEnergyOil & Gas E&p-0.38
STAKStak Inc$17MEnergyOil & Gas Equipment & Services-0.38
SWETAthlon Acquisition Corp - Class A$278MN/AN/A-0.37
BRLSBorealis Foods Inc - Class A$31MConsumer DefensivePackaged Foods-0.37
BIAFBioAffinity Technologies Inc$7.42MHealthcareDiagnostics & Research-0.37
NOACNatural Order Acquisition Corp$289MN/AN/A-0.36
UYSCUY Scuti Acquisition Corp$73MFinancial ServicesShell Companies-0.36
GSHRGesher Acquisition Corp II - Class A$155MFinancial ServicesShell Companies-0.36
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
GATEVISTASHARES TARGET 15 GATE ENDOWMENT DISTRIBUTION ETF $425MFinancial ServicesShell Companies-0.34
GATEUMarblegate Acquisition Corp - Units (1 Ord Share Class A & 1/2 War)$340MFinancial ServicesShell Companies-0.34
RBCPRBC Bearings Incorporated 5.00 Series A Mandatory Convertible Preferred Stock$3.64BN/AN/A-0.34
PTLEPTL Ltd$70MConsumer CyclicalSpecialty Retail-0.34
LGPSLogProstyle Inc$16MIndustrialsConglomerates-0.34
NOACUNatural Order Acquisition Corp - Units (1 Ord & 1 War)$289MN/AN/A-0.34
RAYRaytech Holding Ltd$9.91MConsumer DefensiveHousehold & Personal Products-0.34
GDSTGoldenstone Acquisition Ltd$23MFinancial ServicesShell Companies-0.34
STFSStar Fashion Culture Holdings Ltd - Class A$903KCommunication ServicesAdvertising Agencies-0.34
TMDETMD Energy Ltd$18MEnergyOil & Gas Midstream-0.34
LEGTLegato Merger Corp III$229MFinancial ServicesShell Companies-0.33
BOACBluescape Opportunities Acquisition Corp - Class A$227MN/AN/A-0.33
KGKING PHARMACEUTICALS INC$85MFinancial ServicesInsurance - Reinsurance-0.33
DLCAUDeep Lake Capital Acquisition Corp - Units (1 Ord Class A & 1/2 War)$262MN/AN/A-0.33
NTCLNetClass Technology Inc - Class A$8.13MTechnologySoftware - Application-0.33
CUPRCuprina Holdings (Cayman) Ltd - Class A$5.42MHealthcareMedical Instruments & Supplies-0.33
SVCCUStellar V Capital Corp - Units (1 Ord Cls A & 1/2 War)$165MFinancial ServicesShell Companies-0.33
IPODDune Acquisition Corporation II Class A Ordinary Shares$150MFinancial ServicesShell Companies-0.33
MPTIM-tron Industries Inc$368MTechnologyElectronic Components-0.32
GRDNGuardian Pharmacy Services Inc$2.49BHealthcareMedical Care Facilities-0.32
AVIRAtea Pharmaceuticals Inc$364MHealthcareBiotechnology-0.32
LHCLeo Holdings Corp II - Class A$80MN/AN/A-0.32
CPTKCrown PropTech Acquisitions - Class A$147MN/AN/A-0.32
VCICUVine Hill Capital Investment Corp - Units (1 Ord Class A & 1/2 War)$75MFinancial ServicesShell Companies-0.32
INKANear Intelligence Inc - Class A$190MN/AN/A-0.32
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.31
MDCXMedicus Pharma Ltd. Common Stock$12MN/AN/A-0.31
CRAQCal Redwood Acquisition Corp$320MFinancial ServicesShell Companies-0.31
SDHISiddhi Acquisition Corp - Class A$287MFinancial ServicesShell Companies-0.31
TLXTelix Pharmaceuticals Ltd$3.30BHealthcareBiotechnology-0.31
DFDVDeFi Development Corp$127MFinancial ServicesAsset Management-0.31
BOWNBowen Acquisition Corp$21MFinancial ServicesShell Companies-0.31
JEM707 Cayman Holdings Ltd$1.99MConsumer CyclicalApparel Retail-0.31

ETFs that lowly correlated with NFGC

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
REFAINVESCO INTERNATIONAL REVENUE ETF$5.40M0.32%Dec 11, 2025-0.67
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.55
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.54
TNGYTORTOISE ENERGY ETF $600M0.85%Dec 27, 2010-0.50
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.48
METDDIREXION DAILY META BEAR 1X SHARES $8.60M1.02%Jun 5, 2024-0.45
GGOViShares Global Government Bond USD Hedged Active$44M0.39%Jun 25, 2025-0.45
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.44
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.43
NFLWROUNDHILL NFLX WEEKLYPAY ETF $16MN/AJun 17, 2025-0.43
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.40
AVSDIREXION DAILY AVGO BEAR 1X SHARES $6.90M1.03%Oct 9, 2024-0.39
DULLBank of Montreal$15MN/AFeb 21, 2023-0.36
GGLSDIREXION DAILY GOOGL BEAR 1X SHARES $17M1.02%Sep 6, 2022-0.36
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.36
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $14M1.11%Aug 14, 2024-0.35
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.35
IBICISHARES IBONDS OCT 2026 TERM TIPS ETF $81M0.10%Sep 13, 2023-0.34
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.34
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.33
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.20MN/AMay 15, 2024-0.33
MSTUT-REX 2X LONG MSTR DAILY TARGET ETF $616MN/ASep 17, 2024-0.33
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.33
NFLYYIELDMAX(R) NFLX OPTION INCOME STRATEGY ETF $80M1.01%Aug 7, 2023-0.33
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.33
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.32
MSTXDefiance Daily Target 2x Long MSTR ETF$388MN/AAug 14, 2024-0.32
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $396M0.51%Dec 18, 2013-0.31
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.31
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.31
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.31
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.31