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26 Stocks and 74 ETFs for diversifying MCR (MFS Charter Income Trust)

The least correlated asset to MCR (MFS Charter Income Trust) is ETF SJB (PROSHARES SHORT HIGH YIELD). The correlation is -0.846.

Stocks that lowly correlated with MCR

SymbolName
Market cap
SectorIndustry
Correlation
CTWCTW Cayman - Class A$147MCommunication ServicesElectronic Gaming & Multimedia-0.70
KCHVKochav Defense Acquisition Corp - Class A$263MFinancial ServicesShell Companies-0.62
CRCLCircle Internet Group Inc - Class A$16BFinancial ServicesCapital Markets-0.62
CRECre8 Enterprise Ltd Class A$6.60MIndustrialsSpecialty Business Services-0.62
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.59
NCEWNew Century Logistics (BVI) Ltd$54MIndustrialsIntegrated Freight & Logistics-0.56
FIGFigma Inc - Class A$12BTechnologySoftware - Application-0.55
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.54
IPCXInflection Point Acquisition Corp III - Class A$263MFinancial ServicesShell Companies-0.54
INACIndigo Acquisition Corp$118MFinancial ServicesShell Companies-0.53
APADREnhanced Group Inc$6.67MN/AN/A-0.50
VNMEUVendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War)$52MFinancial ServicesShell Companies-0.49
DFSCDEFSEC Technologies Inc Com$3.99MIndustrialsAerospace & Defense-0.48
SLDESlide Insurance Holdings Inc$2.32BFinancial ServicesInsurance - Property & Casualty-0.48
EMPDEmpery Digital Inc$98MConsumer CyclicalAuto Manufacturers-0.47
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.46
GTERAGloba Terra Acquisition Corporation Class A$246MFinancial ServicesShell Companies-0.45
PROPPrairie Operating Co. Common Stock$60MEnergyOil & Gas E&p-0.44
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.44
LWACLightWave Acquisition Corp - Class A$221MFinancial ServicesShell Companies-0.44
BLSHBullish$3.80BTechnologySoftware - Infrastructure-0.43
CCIIWCohen Circle Acquisition Corp II - Warrants(01/07/2030)$3.81MN/AN/A-0.43
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.43
DAAQDigital Asset Acquisition Corp - Class A$180MFinancial ServicesShell Companies-0.42
GTERUGloba Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts)$53MFinancial ServicesShell Companies-0.42
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$18MFinancial ServicesShell Companies-0.42

ETFs that lowly correlated with MCR

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.85
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.77
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.77
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.77
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.76
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.76
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.76
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.76
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.76
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.76
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.76
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.76
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.76
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.76
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.76
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.76
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.76
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.75
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.74
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.74
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.74
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.73
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.73
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.73
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.73
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.73
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.71
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.69
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.68
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.67
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.66
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.66
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.66
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.65
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.65
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.65
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.64
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.62
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.62
RBILF/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF $139M0.17%Feb 24, 2025-0.61
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.61
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.60
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $274M1.04%Sep 30, 2021-0.60
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.59
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.59
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.59
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.56
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.56
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.56
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.56
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $29MN/AJul 16, 2009-0.56
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.55
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.55
SRTYProShares UltraPro Short Russell2000 -3x Shares$73MN/AFeb 9, 2010-0.55
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.53
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.52
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.52
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $298M0.90%Dec 1, 2020-0.52
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.51
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.50
WTIPWISDOMTREE INFLATION PLUS FUND $21M0.65%Jun 16, 2025-0.50
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $176M0.50%May 10, 2021-0.49
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.48
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.48
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.47
SDPProShares UltraShort Utilities -2x Shares$3.90MN/AJan 30, 2007-0.45
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.45
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.44
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.44
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.70MN/AMay 15, 2024-0.44
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $131MN/AMay 28, 2015-0.43
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.43
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $14M0.96%Aug 8, 2022-0.43
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.43