36 Stocks and 64 ETFs for diversifying NexPoint Residential Trust (NXRT)
The least correlated asset to NexPoint Residential Trust (NXRT) is ETF REK (PROSHARES SHORT REAL ESTATE). The correlation is -0.6513.
Stocks that lowly correlated with NXRT
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| APAD | Enhanced Group Inc - Class A | $161M | Financial Services | Shell Companies | -0.60 |
| RIBBU | Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $56M | Financial Services | Shell Companies | -0.56 |
| GIG | GigCapital7 Corp - Class A | $353M | Financial Services | Shell Companies | -0.56 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.53 |
| BDMD | Baird Medical Investment Holdings Ltd . | $34M | Healthcare | Medical Devices | -0.53 |
| EQV | EQV Ventures Acquisition Corp. | $466M | Financial Services | Shell Companies | -0.50 |
| JL | J-Long Group Ltd | $23M | Consumer Cyclical | Apparel Manufacturing | -0.49 |
| RFAI | RF Acquisition Corp II | $116M | Financial Services | Shell Companies | -0.46 |
| AKUS | Akouos Inc | $490M | N/A | N/A | -0.45 |
| GSRTU | GSR III Acquisition Corp - Units (1 Ord Class A & 1/7 Rts) | $467M | N/A | N/A | -0.44 |
| APADU | A Paradise Acquisition Corp Unit | $67M | Financial Services | Shell Companies | -0.44 |
| GSRM | Bitcoin Depot Inc - Class A | $54M | N/A | N/A | -0.43 |
| ELOG | Eastern International Ltd | $9.59M | Industrials | Integrated Freight & Logistics | -0.43 |
| ZKH | ZKH Group Ltd | $459M | Consumer Cyclical | Internet Retail | -0.42 |
| TBN | Tamboran Resources Corp | $774M | Energy | Oil & Gas E&p | -0.40 |
| LSE | Leishen Energy Holding Co Ltd | $78M | Energy | Oil & Gas Equipment & Services | -0.38 |
| APRN | Blue Apron Holdings Inc - Class A | $100M | N/A | N/A | -0.38 |
| GRCE | Acasti Pharma Inc | $39M | Healthcare | Biotechnology | -0.38 |
| NCI | Neo Concept International Group Holdings Ltd | $48M | Consumer Cyclical | Apparel Manufacturing | -0.38 |
| NWGL | Nature Wood Group Ltd | $4.11M | Basic Materials | Lumber & Wood Production | -0.37 |
| VACH | Voyager Acquisition Corp - Class A | $279M | Financial Services | Shell Companies | -0.37 |
| STAI | ScanTech AI Systems Inc. Common stock | $325K | Industrials | Building Products & Equipment | -0.36 |
| YSXT | Ysx Tech Co.Ltd - Class A | $20M | Industrials | Specialty Business Services | -0.36 |
| GTERU | Globa Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts) | $53M | Financial Services | Shell Companies | -0.36 |
| GTERR | Globa Terra Acquisition Corporation Rights | $407K | N/A | N/A | -0.36 |
| NYAX | Nayax Ltd | $2.63B | Technology | Software - Infrastructure | -0.34 |
| XTIA | XTI Aerospace Inc Common Stock | $58M | Industrials | Aerospace & Defense | -0.34 |
| LZMH | LZ Technology Holdings Ltd - Class B | $9.02M | Technology | Information Technology Services | -0.34 |
| VCXA | 10X Capital Venture Acquisition Corp II - Class A | $86M | N/A | N/A | -0.33 |
| GPAT | GP-Act III Acquisition Corp - Class A | $314M | Financial Services | Shell Companies | -0.33 |
| SZZLU | Sizzle Acquisition Corp II - Units (1 Ord Cls A & 1 Rts) | $70M | Financial Services | Shell Companies | -0.33 |
| FLYE | Fly-E Group Inc | $3.31M | Consumer Cyclical | Auto Manufacturers | -0.32 |
| EONR | HNR Acquisition Corp | $21M | Energy | Oil & Gas E&p | -0.32 |
| ETS | Elite Express Holding Inc - Class A | $13M | Industrials | Trucking | -0.32 |
| AURC | Better Home & Finance Holding Co. - Class A | $104M | N/A | N/A | -0.31 |
| SOAR | Volato Group Inc - Class A | $3.79M | Industrials | Airports & Air Services | -0.31 |