58 Stocks and 42 ETFs for diversifying NextPlat (NXPL)
The least correlated asset to NextPlat (NXPL) is ETF QBER (TRUESHARES QUARTERLY BEAR HEDGE ETF). The correlation is -0.646.
Stocks that lowly correlated with NXPL
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| NAMI | Jinxin Technology Holding Company | $34M | Communication Services | Internet Content & Information | -0.63 |
| VNMEU | Vendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War) | $51M | Financial Services | Shell Companies | -0.56 |
| STRC | Microstrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock | $32B | Technology | Software - Application | -0.54 |
| OHPA | Orion Acquisition Corp - Class A | $417M | N/A | N/A | -0.49 |
| HPAI | Helport AI Ltd | $34M | Technology | Software - Infrastructure | -0.49 |
| CRCL | Circle Internet Group Inc - Class A | $19B | Financial Services | Capital Markets | -0.48 |
| GTERU | Globa Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts) | $53M | Financial Services | Shell Companies | -0.47 |
| HYAC | Haymaker Acquisition Corp. 4 | $330M | Financial Services | Shell Companies | -0.47 |
| LGPS | LogProstyle Inc | $19M | Industrials | Conglomerates | -0.46 |
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $20M | Financial Services | Shell Companies | -0.45 |
| UBXG | U-BX Technology Ltd | $37M | Communication Services | Advertising Agencies | -0.44 |
| CV | CapsoVision Inc | $361M | Healthcare | Medical Devices | -0.44 |
| PTWOU | SBC Medical Group Holdings Inc - Units (1 Ord Class A & 1 War) | $1.13B | N/A | N/A | -0.44 |
| OYSE | Oyster Enterprises II Acquisition Corp | $267M | Financial Services | Shell Companies | -0.43 |
| AZI | Autozi Internet Technology (Global) Ltd - Class A | $9.05M | Consumer Cyclical | Auto & Truck Dealerships | -0.42 |
| EMA | Emera Incorporated | $16B | Utilities | Utilities - Regulated Electric | -0.41 |
| HPLTU | Home Plate Acquisition Corp - Units (1 Ord Class A & 1/2 War) | $79M | N/A | N/A | -0.41 |
| AAUC | Allied Gold Corporation | $3.14B | Basic Materials | Gold | -0.40 |
| CHARR | Charlton Aria Acquisition Corporation Rights | $152K | N/A | N/A | -0.40 |
| FORL | Four Leaf Acquisition Corporation Class A Common Stock | $47M | N/A | N/A | -0.39 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.39 |
| PN | Skycorp Solar Group Ltd - Series A | $100M | Technology | Solar | -0.39 |
| MLAC | Mountain Lake Acquisition Corp - Class A | $43M | N/A | N/A | -0.38 |
| MMSI | Merit Medical Systems Inc | $4B | Healthcare | Medical Instruments & Supplies | -0.38 |
| CBUS | Cibus Global Ltd. Class A | $78M | Healthcare | Biotechnology | -0.37 |
| SAGT | Sagtec Global Ltd | $22M | Technology | Software - Application | -0.36 |
| TTAN | ServiceTitan Inc - Class A | $6.78B | Technology | Software - Application | -0.36 |
| ELPW | Elong Power Holding Ltd | $645K | Industrials | Electrical Equipment & Parts | -0.36 |
| CEPU | Central Puerto | $2.27B | Utilities | Utilities - Regulated Electric | -0.35 |
| DFDV | DeFi Development Corp | $86M | Financial Services | Asset Management | -0.34 |
| EPWK | EPWK Holdings Ltd - Class A | $9.78K | Technology | Software - Application | -0.34 |
| HPLT | Home Plate Acquisition Corp - Class A | $77M | N/A | N/A | -0.34 |
| RIBBR | Ribbon Acquisition Corp Rights | $277K | N/A | N/A | -0.33 |
| XCH | XCHG Ltd | $1.46B | Industrials | Specialty Industrial Machinery | -0.33 |
| FSHP | Flag Ship Acquisition Corp | $58M | Financial Services | Shell Companies | -0.33 |
| PVLA | Palvella Therapeutics Inc | $1.46B | Healthcare | Biotechnology | -0.32 |
| LEGT | Legato Merger Corp. III | $197M | Financial Services | Shell Companies | -0.32 |
| OFSSO | OFS Capital Corp | $341M | N/A | N/A | -0.32 |
| GATEU | Marblegate Acquisition Corp - Units (1 Ord Share Class A & 1/2 War) | $340M | Financial Services | Shell Companies | -0.31 |
| PACWP | PacWest Bancorp Depositary Shares Each Representing a 140th Interest in a Share of 7.75 Fixed Rate NonCumulative Perpetual Preferred Stock Series A | $2.48B | N/A | N/A | -0.31 |
| CCIX | Churchill Capital Corp IX | $311M | Financial Services | Shell Companies | -0.30 |
| GATE | VISTASHARES TARGET 15 GATE ENDOWMENT DISTRIBUTION ETF | $425M | Financial Services | Shell Companies | -0.30 |
| BOWN | Bowen Acquisition Corp | $21M | Financial Services | Shell Companies | -0.30 |
| TBMC | Trailblazer Merger Corp I - Class A | $29M | Financial Services | Shell Companies | -0.30 |
| SMTK | SmartKem, Inc. Common Stock | $8.67M | Technology | Semiconductor Equipment & Materials | -0.30 |
| GBRG | SunCar Technology Group Inc | $11M | N/A | N/A | -0.30 |
| WGRX | Wellgistics Health Inc | $8.93M | Healthcare | Pharmaceutical Retailers | -0.30 |
| APADU | A Paradise Acquisition Corp Unit | $67M | Financial Services | Shell Companies | -0.30 |
| SPTK | SportsTek Acquisition Corp - Class A | $219M | N/A | N/A | -0.30 |
| WSBK | Winchester Bancorp Inc | $119M | Financial Services | Banks - Regional | -0.30 |
| ALMS | Alumis Inc | $2.51B | Healthcare | Biotechnology | -0.29 |
| ANNA | AleAnna Inc - Class A | $145M | Energy | Oil & Gas E&p | -0.29 |
| NOEM | CO2 Energy Transition Corp | $72M | Financial Services | Shell Companies | -0.29 |
| GDOT | Green Dot Corp - Class A | $729M | Financial Services | Credit Services | -0.28 |
| MCTR | CTRL Group Ltd | $15M | Communication Services | Advertising Agencies | -0.28 |
| ALM | Alma Metals Limited | $4.33B | Basic Materials | Other Industrial Metals & Mining | -0.28 |
| ICUI | ICU Medical Inc | $3.49B | Healthcare | Medical Instruments & Supplies | -0.28 |
| CDTG | CDT Environmental Technology Investment Holdings Ltd | $3.77M | Industrials | Waste Management | -0.28 |