Overview Performance Metrics Financials ETFs Industry Correlations

68 Stocks and 32 ETFs for diversifying Nextracker (NXT)

The least correlated asset to Nextracker (NXT) is ETF XCOM (Ultra Communication Services Select Sector ETF). The correlation is -1.

Stocks that lowly correlated with NXT

Symbol	Name	Market cap	Sector	Industry	Correlation
SPKBU	Silver Spike Acquisition Corp II - Units (1 Ord Share Class A & 1/4 War)	$293M	N/A	N/A	-1.00
GET	GetnetAdquirencia e Servicos para Meios de Pagamento S.A. - Instituica	$88M	N/A	N/A	-1.00
AGFS	AgroFresh Solutions Inc	$157M	N/A	N/A	-1.00
INKA	Near Intelligence Inc - Class A	$190M	N/A	N/A	-1.00
JUGG	Jaws Juggernaut Acquisition Corp - Class A	$285M	N/A	N/A	-0.97
AHRNU	Ahren Acquisition Corp - Units (1 Ord Share Class A & 1/2 War)	$79M	N/A	N/A	-0.90
VMGA	VMG Consumer Acquisition Corp - Class A	$299M	N/A	N/A	-0.86
GBRG	SunCar Technology Group Inc	$11M	N/A	N/A	-0.85
FRBNU	Forbion European Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)	$316M	N/A	N/A	-0.85
LVAC	Lava Medtech Acquisition Corp - Class A	$120M	N/A	N/A	-0.84
ADAL	Anthemis Digital Acquisitions I Corp - Class A	$241M	N/A	N/A	-0.82
DNAD	Social Capital Suvretta Holdings Corp IV - Class A	$265M	N/A	N/A	-0.80
DNAB	Social Capital Suvretta Holdings Corp II - Class A	$330M	N/A	N/A	-0.80
ASIC	Ategrity Specialty Holdings LLC	$1.08B	Financial Services	Insurance - Property & Casualty	-0.79
XM	Qualtrics International Inc - Class A	$11B	N/A	N/A	-0.78
MTCR	Metacrine Inc	$25M	N/A	N/A	-0.77
APRN	Blue Apron Holdings Inc - Class A	$100M	N/A	N/A	-0.76
ETS	Elite Express Holding Inc - Class A	$13M	Industrials	Trucking	-0.75
PLBL	Polibeli Group Ltd	$2.84B	Consumer Cyclical	Department Stores	-0.73
CHYM	Chime Financial Inc - Class A	$8.43B	Technology	Software - Application	-0.71
SI	Shoulder Innovations Inc	$452M	N/A	N/A	-0.70
ADALU	Anthemis Digital Acquisitions I Corp - Units (1 Ord Class A & 1/2 War)	$241M	N/A	N/A	-0.70
SGTX	Sigilon Therapeutics Inc	$56M	N/A	N/A	-0.69
MEKA	MELI Kaszek Pioneer Corp - Class A	$297M	N/A	N/A	-0.67
LITT	Logistics Innovation Technologies Corp - Class A	$349M	N/A	N/A	-0.66
NIQ	NIQ Global Intelligence plc	$3.24B	N/A	N/A	-0.65
VCXA	10X Capital Venture Acquisition Corp II - Class A	$86M	N/A	N/A	-0.64
TANNL	TravelCenters of America Inc	$364M	N/A	N/A	-0.64
ARX	Accelerant Holdings - Class A	$2.82B	Financial Services	Insurance Brokers	-0.61
BRLI	Brilliant Acquisition Corp	$5.92M	N/A	N/A	-0.59
BRLIU	Brilliant Acquisition Corp - Unit (1 Ordinary share 1 War and 1 Rts)	$6.42M	N/A	N/A	-0.58
HNGE	Hinge Health Inc - Class A	$6.74B	Healthcare	Health Information Services	-0.58
PCLN	Priceline.com Inc	$906M	N/A	N/A	-0.56
LMNX	Luminex Corp	$620M	N/A	N/A	-0.55
BULL	Webull Corporation	$3.05B	Technology	Software - Application	-0.54
LWAY	Lifeway Foods Inc	$480M	Consumer Defensive	Packaged Foods	-0.53
TGHL	Growhub Ltd (The) - Class A	$19M	Technology	Software - Infrastructure	-0.53
CAI	Caris Life Sciences Inc - Class A	$4.94B	Healthcare	Biotechnology	-0.53
TOACU	Talon 1 Acquisition Corp - Units (1 Ord Class A & 1/2 War)	$143M	N/A	N/A	-0.52
CURX	Curanex Pharmaceuticals Inc	$6.11M	Healthcare	Biotechnology	-0.52
MSGY	Masonglory Ltd	$5.30M	Industrials	Engineering & Construction	-0.52
SCAQU	Stratim Cloud Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)	$286M	N/A	N/A	-0.51
CCAIU	Cascadia Acquisition Corp - Units (1 Ord Class A & 1/2 War)	$110M	N/A	N/A	-0.51
MGTA	Magenta Therapeutics Inc	$2.57M	N/A	N/A	-0.51
GIBO	GIBO Holdings Ltd	$106M	Communication Services	Internet Content & Information	-0.50
PXDT	Pixie Dust Technologies Inc	$8.62M	Technology	Consumer Electronics	-0.49
RETO	ReTo Eco-Solutions Inc - Class A	$6.39M	Basic Materials	Building Materials	-0.49
GIW	GigInternational1 Inc	$138M	Financial Services	Shell Companies	-0.49
SASI	Sigma Additive Solutions Inc	$37M	N/A	N/A	-0.48
IOTR	iOThree Ltd	$13M	Communication Services	Telecom Services	-0.48
MNTN	MNTN Inc - Class A	$751M	Technology	Software - Application	-0.48
BOW	Bowhead Specialty Holdings Inc	$982M	Financial Services	Insurance - Property & Casualty	-0.47
CLIK	Click Holdings Ltd	$4.19M	Consumer Cyclical	Personal Services	-0.46
APGB	Apollo Strategic Growth Capital II - Class A	$372M	N/A	N/A	-0.46
LGPS	LogProstyle Inc	$26M	Industrials	Conglomerates	-0.45
DLXY	Delixy Holdings Ltd	$7.64M	Energy	Oil & Gas Refining & Marketing	-0.44
CLXT	Calyxt Inc	$47M	N/A	N/A	-0.43
AURC	Better Home & Finance Holding Co. - Class A	$104M	N/A	N/A	-0.43
TANNZ	TravelCenters of America Inc	$367M	N/A	N/A	-0.43
TRUG	TruGolf Holdings Inc - Class A	$1.24M	Consumer Cyclical	Leisure	-0.43
BACC	Blue Acquisition Corp - Class A	$214M	Financial Services	Shell Companies	-0.42
QETAR	Quetta Acquisition Corp	$1.43M	N/A	N/A	-0.42
WAVE	Eco Wave Power Global AB	$52M	Utilities	Utilities - Renewable	-0.42
BMHL	Bluemount Holdings Ltd	$146M	Financial Services	Capital Markets	-0.42
WTG	Wintergreen Acquisition Corp	$58M	Financial Services	Shell Companies	-0.41
CHCI	Comstock Holding Co. Inc - Class A	$163M	Real Estate	Real Estate Services	-0.41
GRAN	Grande Group Ltd - Class A	$35M	Financial Services	Capital Markets	-0.41
TTAN	ServiceTitan Inc - Class A	$7.44B	Technology	Software - Application	-0.39

ETFs that lowly correlated with NXT

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
XCOM	Ultra Communication Services Select Sector ETF	$384K	N/A	Jun 2, 2026	-1.00
FIYY	GRANITESHARES YIELDBOOST 20Y+ TREASURIES ETF	$732K	1.07%	May 4, 2026	-0.94
TSMZ	DIREXION DAILY TSM BEAR 1X SHARES	$2.80M	1.01%	Oct 2, 2024	-0.64
DKNX	DEFIANCE DAILY TARGET 2X LONG DKNG ETF	$5.40M	N/A	Jul 30, 2025	-0.62
DVXF	WEBs Defined Volatility XLF ETF	$251K	0.89%	Jul 22, 2025	-0.55
RNIN	BUSHIDO CAPITAL US SMID CAP EQUITY ETF	$161M	0.68%	May 14, 2025	-0.52
MUD	Direxion Daily MU Bear 1X Shares	$76M	1.02%	Oct 9, 2024	-0.51
SDS	ProShares UltraShort S&P500 -2x Shares	$398M	N/A	Jul 11, 2006	-0.50
SH	ProShares Short S&P500 -1x Shares	$973M	0.89%	Jun 19, 2006	-0.49
SDOW	ProShares UltraPro Short Dow30 -3x Shares	$185M	N/A	Feb 9, 2010	-0.49
PSQ	ProShares Short QQQ -1x Shares	$601M	0.95%	Jun 19, 2006	-0.49
SPDN	DIREXION DAILY S&P 500 (R) BEAR 1X SHARES	$195M	0.48%	Jun 8, 2016	-0.49
NVDQ	T-REX 2X INVERSE NVIDIA DAILY TARGET ETF	$22M	N/A	Oct 18, 2023	-0.49
NVDD	DIREXION DAILY NVDA BEAR 1X SHARES	$19M	1.01%	Sep 12, 2023	-0.48
TFNS	T. ROWE PRICE FINANCIALS ETF	$14M	0.44%	Jun 11, 2025	-0.48
NVD	GRANITESHARES 2X SHORT NVDA DAILY ETF	$61M	N/A	Aug 21, 2023	-0.47
METW	ROUNDHILL META WEEKLYPAY ETF	$25M	N/A	Jun 17, 2025	-0.46
GLDW	ROUNDHILL GOLD WEEKLYPAY ETF	$17M	N/A	Oct 29, 2025	-0.46
BULG	LEVERAGE SHARES 2X LONG BULL DAILY ETF	$5.20M	N/A	Aug 8, 2025	-0.46
NVDS	Tradr 1.5X Short NVDA Daily ETF	$18M	N/A	Jul 13, 2022	-0.45
SLTY	YIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF	$19M	1.25%	Aug 20, 2025	-0.43
SIJ	ProShares UltraShort Industrials -2x Shares	$5.50M	N/A	Jan 30, 2007	-0.42
EWV	ProShares UltraShort MSCI Japan -2x Shares	$5.70M	N/A	Nov 6, 2007	-0.42
RBLY	YIELDMAX(R) RBLX OPTION INCOME STRATEGY ETF	$2.40M	0.99%	Jul 28, 2025	-0.41
SMCZ	DEFIANCE DAILY TARGET 2X SHORT SMCI ETF	$13M	N/A	Mar 31, 2025	-0.41
SHRT	GOTHAM SHORT STRATEGIES ETF	$14M	1.35%	Jul 31, 2017	-0.41
YQQQ	YIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF	$16M	1.11%	Aug 14, 2024	-0.41
HIBS	Direxion Daily S&P 500 High Beta Bear 3X Shares	$17M	N/A	Nov 7, 2019	-0.41
EUM	ProShares Short MSCI Emerging Markets -1x Shares	$9.80M	0.95%	Oct 30, 2007	-0.40
EEV	ProShares UltraShort MSCI Emerging Markets -2x Shares	$2.60M	N/A	Oct 30, 2007	-0.40
DXD	PROSHARES ULTRASHORT DOW30	$46M	N/A	Jul 11, 2006	-0.40
AMDD	T-REX 2X INVERSE AMD DAILY TARGET ETF	$16M	1.03%	Feb 11, 2025	-0.39