23 Stocks and 77 ETFs for diversifying MCN (Madison Covered Call & Equity Strategy Fund)
The least correlated asset to MCN (Madison Covered Call & Equity Strategy Fund) is ETF MYY (PROSHARES SHORT MIDCAP400). The correlation is -0.8047.
Stocks that lowly correlated with MCN
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| PACH | Pioneer Acquisition I Corp - Class A | $260M | Financial Services | Shell Companies | -0.74 |
| ELOG | Eastern International Ltd | $9.59M | Industrials | Integrated Freight & Logistics | -0.71 |
| SOCAU | Solarius Capital Acquisition Corp Units | $179M | Financial Services | Shell Companies | -0.71 |
| ORIQU | Origin Investment Corp I - Units (1 Ord Cls & 1/2 War) | $22M | Financial Services | Shell Companies | -0.63 |
| FIGX | FIGX Capital Acquisition Corp - Class A | $159M | Financial Services | Shell Companies | -0.59 |
| FIGXU | FIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War) | $35M | Financial Services | Shell Companies | -0.59 |
| KCHV | Kochav Defense Acquisition Corp - Class A | $263M | Financial Services | Shell Companies | -0.56 |
| TACH | Titan Acquisition Corp - Class A | $288M | Financial Services | Shell Companies | -0.55 |
| LGPS | LogProstyle Inc | $26M | Industrials | Conglomerates | -0.54 |
| MAMK | MaxsMaking Inc - Class A | $195M | Industrials | Conglomerates | -0.53 |
| OYSE | Oyster Enterprises II Acquisition Corp | $268M | Financial Services | Shell Companies | -0.53 |
| SI | Shoulder Innovations Inc | $452M | N/A | N/A | -0.52 |
| QSEA | Quartzsea Acquisition Corp | $87M | Financial Services | Shell Companies | -0.51 |
| LWAC | LightWave Acquisition Corp - Class A | $221M | Financial Services | Shell Companies | -0.48 |
| BMGL | Basel Medical Group Ltd | $9.61M | Healthcare | Medical Care Facilities | -0.48 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.46 |
| SDHI | Siddhi Acquisition Corp - Class A | $288M | Financial Services | Shell Companies | -0.45 |
| PROP | Prairie Operating Co. Common Stock | $60M | Energy | Oil & Gas E&p | -0.44 |
| HRYU | Global Interactive Technologies Inc | $760K | Communication Services | Internet Content & Information | -0.43 |
| CRAQ | Cal Redwood Acquisition Corp | $320M | Financial Services | Shell Companies | -0.41 |
| AXIN | Axiom Intelligence Acquisition Corp 1 - Class A | $341M | Financial Services | Shell Companies | -0.41 |
| WGRX | Wellgistics Health Inc | $6.79M | Healthcare | Pharmaceutical Retailers | -0.40 |
| HBNB | Hotel101 Global Holdings Corp | $1.31B | Real Estate | Real Estate Services | -0.40 |