Overview Performance Metrics Financials ETFs Industry Correlations

65 Stocks and 35 ETFs for diversifying Nextracker (NXT)

The least correlated asset to Nextracker (NXT) is company Silver Spike Acquisition Corp II - Units (1 Ord Share & 1/4 War) (SPKBU). 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
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
GSRM	Bitcoin Depot Inc - Class A	$54M	N/A	N/A	-0.71
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
CHYM	Chime Financial Inc - Class A	$6.59B	Technology	Software - Application	-0.68
ASIC	Ategrity Specialty Holdings LLC	$969M	Financial Services	Insurance - Property & Casualty	-0.68
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
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
PCLN	Priceline.com Inc	$906M	N/A	N/A	-0.62
GORV	Lazydays Holdings Inc	$1.58M	Consumer Cyclical	Auto & Truck Dealerships	-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
LION	Lionsgate Studios Corp - New	$3.99B	Financial Services	Shell Companies	-0.55
CAI	Caris Life Sciences Inc - Class A	$4.35B	Healthcare	Biotechnology	-0.53
LWAY	Lifeway Foods Inc	$368M	Consumer Defensive	Packaged Foods	-0.53
TOACU	Talon 1 Acquisition Corp - Units (1 Ord Class A & 1/2 War)	$143M	N/A	N/A	-0.52
JBS	JBS N.V. - Class A	$14B	Consumer Defensive	Packaged Foods	-0.51
BULL	Webull Corporation	$2.47B	Technology	Software - Application	-0.51
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
CLIK	Click Holdings Ltd	$4.19M	Consumer Cyclical	Personal Services	-0.49
GIW	GigInternational1 Inc	$137M	Financial Services	Shell Companies	-0.49
PXDT	Pixie Dust Technologies Inc	$8.62M	Technology	Consumer Electronics	-0.48
SASI	Sigma Additive Solutions Inc	$37M	N/A	N/A	-0.48
WTGUU	Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)	$20M	Financial Services	Shell Companies	-0.48
CDTG	CDT Environmental Technology Investment Holdings Ltd	$3.77M	Industrials	Waste Management	-0.46
QETAR	Quetta Acquisition Corp	$1.33M	N/A	N/A	-0.46
IOTR	iOThree Ltd	$5.23M	Communication Services	Telecom Services	-0.46
APGB	Apollo Strategic Growth Capital II - Class A	$372M	N/A	N/A	-0.46
WAVE	Eco Wave Power Global AB	$51M	Utilities	Utilities - Renewable	-0.44
CHCI	Comstock Holding Co. Inc - Class A	$166M	Real Estate	Real Estate Services	-0.44
CLXT	Calyxt Inc	$47M	N/A	N/A	-0.43
NAMI	Jinxin Technology Holding Company	$34M	Communication Services	Internet Content & Information	-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
BOW	Bowhead Specialty Holdings Inc	$886M	Financial Services	Insurance - Property & Casualty	-0.42
TRUG	TruGolf Holdings Inc - Class A	$1.24M	Consumer Cyclical	Leisure	-0.42
HNGE	Hinge Health Inc - Class A	$4.21B	Healthcare	Health Information Services	-0.42
CBIO	Crescent Biopharma Inc	$573M	Healthcare	Biotechnology	-0.41
WETO	Webus International Ltd	$11M	Technology	Software - Infrastructure	-0.41
LMNX	Luminex Corp	$620M	N/A	N/A	-0.41
RETO	ReTo Eco-Solutions Inc	$6.13M	Basic Materials	Building Materials	-0.40
PDEX	Pro-Dex Inc (co)	$206M	Healthcare	Medical Instruments & Supplies	-0.40
DOYU	DouYu International Holdings Ltd	$151M	Communication Services	Internet Content & Information	-0.39
NCEW	New Century Logistics (BVI) Ltd	$58M	Industrials	Integrated Freight & Logistics	-0.39
JEM	707 Cayman Holdings Ltd	$1.99M	Consumer Cyclical	Apparel Retail	-0.39
LSAK	Lesaka Technologies Inc	$410M	Technology	Software - Infrastructure	-0.38

ETFs that lowly correlated with NXT

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
TSMZ	DIREXION DAILY TSM BEAR 1X SHARES	$2.70M	1.01%	Oct 2, 2024	-0.69
CLIM	CLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF	$1.30M	0.90%	Mar 11, 2026	-0.61
MUD	Direxion Daily MU Bear 1X Shares	$27M	1.02%	Oct 9, 2024	-0.60
GLDW	ROUNDHILL GOLD WEEKLYPAY ETF	$25M	N/A	Oct 29, 2025	-0.58
SDS	ProShares UltraShort S&P500 -2x Shares	$443M	N/A	Jul 11, 2006	-0.50
SH	ProShares Short S&P500 -1x Shares	$1.20B	0.89%	Jun 19, 2006	-0.49
SPDN	DIREXION DAILY S&P 500 (R) BEAR 1X SHARES	$220M	0.48%	Jun 8, 2016	-0.49
SDOW	ProShares UltraPro Short Dow30 -3x Shares	$180M	N/A	Feb 9, 2010	-0.49
FLYT	DIREXION FLIGHT TO SAFETY STRATEGY ETF	$7.10M	N/A	Oct 22, 2025	-0.49
PSQ	ProShares Short QQQ -1x Shares	$519M	0.95%	Jun 19, 2006	-0.47
NVDQ	T-Rex 2X Inverse NVIDIA Daily Target ETF	$36M	N/A	Oct 18, 2023	-0.46
NVDD	DIREXION DAILY NVDA BEAR 1X SHARES	$23M	1.01%	Sep 12, 2023	-0.46
SIJ	ProShares UltraShort Industrials -2x Shares	$6.20M	N/A	Jan 30, 2007	-0.45
NVD	GRANITESHARES 2X SHORT NVDA DAILY ETF	$75M	N/A	Aug 21, 2023	-0.45
AMDD	T-REX 2X INVERSE AMD DAILY TARGET ETF	$21M	1.03%	Feb 11, 2025	-0.44
DXD	PROSHARES ULTRASHORT DOW30	$51M	N/A	Jul 11, 2006	-0.44
SMCZ	DEFIANCE DAILY TARGET 2X SHORT SMCI ETF	$4.80M	N/A	Mar 31, 2025	-0.43
EWV	ProShares UltraShort MSCI Japan -2x Shares	$7.20M	N/A	Nov 6, 2007	-0.43
NVDS	Tradr 1.5X Short NVDA Daily ETF	$23M	N/A	Jul 13, 2022	-0.43
CGUI	CAPITAL GROUP ULTRA SHORT INCOME ETF SHARE CLASS	$246M	0.18%	Jun 25, 2024	-0.43
DOG	PROSHARES SHORT DOW30	$111M	0.95%	Jun 19, 2006	-0.42
HIBS	Direxion Daily S&P 500 High Beta Bear 3X Shares	$19M	N/A	Nov 7, 2019	-0.41
LDRI	ISHARES IBONDS 1-5 YEAR TIPS LADDER ETF	$19M	0.10%	Nov 7, 2024	-0.41
SHRT	GOTHAM SHORT STRATEGIES ETF	$17M	1.35%	Jul 31, 2017	-0.40
TWM	ProShares UltraShort Russell2000 -2x Shares	$47M	N/A	Jan 23, 2007	-0.40
BIS	ProShares UltraShort Nasdaq Biotechnology -2x Shares	$2.50M	N/A	Apr 6, 2010	-0.40
MZZ	PROSHARES ULTRASHORT MIDCAP400	$734K	N/A	Jul 11, 2006	-0.39
EUM	ProShares Short MSCI Emerging Markets -1x Shares	$8.80M	0.95%	Oct 30, 2007	-0.39
RWM	PROSHARES SHORT RUSSELL2000	$143M	0.95%	Jan 23, 2007	-0.39
LABD	DIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&AMP;P BIOTECH BEAR 3X SHARES	$69M	N/A	May 28, 2015	-0.39
EFZ	ProShares Short MSCI EAFE -1X Shares	$16M	0.95%	Oct 23, 2007	-0.39
METW	ROUNDHILL META WEEKLYPAY ETF	$27M	N/A	Jun 17, 2025	-0.39
EEV	ProShares UltraShort MSCI Emerging Markets -2x Shares	$6.10M	N/A	Oct 30, 2007	-0.39
YQQQ	YIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF	$14M	1.11%	Aug 14, 2024	-0.39
UVIX	2x Long VIX Futures ETF	$499M	N/A	Mar 28, 2022	-0.39