Skip to main content

Want a detailed portfolio tracker?

46 Stocks and 54 ETFs for diversifying ReNew Energy Global (RNW)

The least correlated asset to ReNew Energy Global (RNW) is company Scage Future (SCAG). The correlation is -0.796.

Stocks that lowly correlated with RNW

SymbolName
Market cap
SectorIndustry
Correlation
SCAGScage Future$38MIndustrialsFarm & Heavy Construction Machinery-0.80
GORVLazydays Holdings Inc$1.58MConsumer CyclicalAuto & Truck Dealerships-0.71
AAUCAllied Gold Corporation$3.41BBasic MaterialsGold-0.69
GLIBAGCI Liberty Inc - Class A$926MCommunication ServicesTelecom Services-0.67
BIOABioAge Labs Inc$752MHealthcareDrug Manufacturers - Specialty & Generic-0.60
CHYMChime Financial Inc - Class A$6.59BTechnologySoftware - Application-0.60
AMBRAmber Road Inc$151MTechnologySoftware - Infrastructure-0.53
JCAPJefferson Capital Inc$950MFinancial ServicesCredit Services-0.53
ALMSAlumis Inc$2.67BHealthcareBiotechnology-0.53
NAMMNamib Minerals.$77MBasic MaterialsGold-0.51
POLEUAndretti Acquisition Corp II - Units (1 Ord Class A & 1/2 War)$223MFinancial ServicesShell Companies-0.51
FTRKFast Track Group.$8.26MCommunication ServicesEntertainment-0.50
AMRZAmrize Ltd$29BBasic MaterialsBuilding Materials-0.50
PELIRPelican Acquisition Corp$2.80MN/AN/A-0.49
JBSJBS N.V. - Class A$14BConsumer DefensivePackaged Foods-0.47
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.46
HBNBHotel101 Global Holdings Corp$1.36BReal EstateReal Estate Services-0.45
CAPNCayson Acquisition Corp$63MFinancial ServicesShell Companies-0.45
TGEGeneration Essentials Group - Class A$370MFinancial ServicesAsset Management-0.45
GSRMBitcoin Depot Inc - Class A$54MN/AN/A-0.44
WSBKWinchester Bancorp Inc$119MFinancial ServicesBanks - Regional-0.43
LIONLionsgate Studios Corp - New$3.99BFinancial ServicesShell Companies-0.42
BAYARBayview Acquisition Corp$260KN/AN/A-0.42
ASPCAlpha Capital Acquisition Co - Class A$17MFinancial ServicesShell Companies-0.41
AFJKAimei Health Technology Co Ltd$169MFinancial ServicesShell Companies-0.41
NCEWNew Century Logistics (BVI) Ltd$58MIndustrialsIntegrated Freight & Logistics-0.41
AMTMAmentum Holdings Inc$5.64BIndustrialsSpecialty Business Services-0.41
BAYABayview Acquisition Corp - Class A$33MFinancial ServicesShell Companies-0.40
AFJKUAimei Health Technology Co Ltd - Units (1 1 Rights)$88MFinancial ServicesShell Companies-0.39
JRVRJames River Group Holdings Ltd$184MFinancial ServicesInsurance - Specialty-0.39
GIBOGIBO Holdings Ltd$42MCommunication ServicesInternet Content & Information-0.38
LMNXLuminex Corp$620MN/AN/A-0.38
OKURReneo Pharmaceuticals Inc - Class A$59MHealthcareBiotechnology-0.37
CBLLCeribell Inc$708MHealthcareMedical Devices-0.37
ASICAtegrity Specialty Holdings LLC$969MFinancial ServicesInsurance - Property & Casualty-0.37
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.37
MCRPMicropolis Holding Company$86MTechnologyComputer Hardware-0.37
ISOUIsoEnergy Ltd$662MEnergyUranium-0.36
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.36
INRInfinity Natural Resources Inc - Class A$239MEnergyOil & Gas E&p-0.36
ENGNenGene Holdings Inc$115MHealthcareBiotechnology-0.36
ROLRHigh Roller Technologies Inc$61MConsumer CyclicalGambling-0.35
BRLIBrilliant Acquisition Corp$5.92MN/AN/A-0.35
HPLTUHome Plate Acquisition Corp - Units (1 Ord Class A & 1/2 War)$79MN/AN/A-0.35
TBNTamboran Resources Corp$774MEnergyOil & Gas E&p-0.34
TMDETMD Energy Ltd$18MEnergyOil & Gas Midstream-0.34

ETFs that lowly correlated with RNW

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
AVSDIREXION DAILY AVGO BEAR 1X SHARES $6.90M1.03%Oct 9, 2024-0.68
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $21M1.03%Feb 11, 2025-0.59
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $4.80MN/AMar 31, 2025-0.59
WNTRYieldMax Short MSTR Option Income Strategy ETF$72M1.00%Mar 26, 2025-0.54
RBProShares Russell 2000 Dynamic Buffer ETF$1.10M0.58%Jun 24, 2025-0.54
QCMDDirexion Daily QCOM Bear 1X ETF$2M1.00%Jun 24, 2025-0.52
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $14M1.11%Aug 14, 2024-0.52
PALDDirexion Daily PANW Bear 1X Shares$2.40M1.02%Feb 10, 2025-0.52
GLDYDEFIANCE GOLD ENHANCED OPTIONS INCOME ETF $35M1.04%Apr 1, 2025-0.51
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $23M0.50%Mar 6, 2024-0.51
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.49
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.20MN/AMay 15, 2024-0.48
XOMOYIELDMAX(R) XOM OPTION INCOME STRATEGY ETF $30M1.17%Aug 30, 2023-0.47
IAUINEOS GOLD HIGH INCOME ETF $427M0.79%Jun 4, 2025-0.47
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.46
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.45
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $16M0.96%Aug 8, 2022-0.45
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.45
EDGH3EDGE DYNAMIC HARD ASSETS ETF $128M1.01%Oct 2, 2024-0.44
RTXGLeverage Shares 2X Long RTX Daily ETF$4MN/AJun 5, 2025-0.44
NRESXTRACKERS RREEF GLOBAL NATURAL RESOURCES ETF $38M0.45%Feb 26, 2024-0.43
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.43
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.43
ODHYOBRA DEFENSIVE HIGH YIELD ETF$5.10M0.50%Jun 30, 2025-0.42
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.42
CSCSDirexion Daily CSCO Bear 1X ETF$1.80M1.00%Jun 24, 2025-0.41
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $9.80M1.05%Jul 23, 2024-0.41
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.40
XOMXDirexion Daily XOM Bull 2X Shares$7.90MN/AApr 22, 2025-0.40
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.40
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.40
TSLZT-Rex 2X Inverse Tesla Daily Target ETF$46MN/AOct 18, 2023-0.40
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.40
WEEIWestwood Salient Enhanced Energy Income ETF$73M0.85%Apr 30, 2024-0.39
AGMITHEMES SILVER MINERS ETF $13M0.35%May 2, 2024-0.39
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.39
MSFDDIREXION DAILY MSFT BEAR 1X SHARES $42M1.02%Sep 6, 2022-0.38
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.38
MSDDGRANITESHARES 2X SHORT MSTR DAILY ETF $1MN/AJun 9, 2025-0.38
GLDWROUNDHILL GOLD WEEKLYPAY ETF $25MN/AOct 29, 2025-0.38
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.38
GDXYYIELDMAX(R) GOLD MINERS OPTION INCOME STRATEGY ETF $283M1.00%May 20, 2024-0.37
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.37
KEATKEATING ACTIVE ETF $120M0.85%Mar 26, 2024-0.37
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.37
GBUGSprott Active Gold & Silver Miners$164M0.90%Feb 19, 2025-0.36
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.36
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.36
FNGDBank of Montreal$68MN/AJan 22, 2018-0.35
SMSTDEFIANCE DAILY TARGET 2X SHORT MSTR ETF $31MN/AAug 20, 2024-0.35
CONIGRANITESHARES 2X SHORT COIN DAILY ETF $17MN/ASep 4, 2024-0.35
TSDDGRANITESHARES 2X SHORT TSLA DAILY ETF $42MN/AAug 21, 2023-0.35
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.35
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.34