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24 Stocks and 76 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 -0.8462.

Stocks that lowly correlated with MCR

SymbolName
Market cap
SectorIndustry
Correlation
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.67
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.65
CRCLCircle Internet Group Inc - Class A$25BFinancial ServicesCapital Markets-0.64
TMDETMD Energy Ltd$18MEnergyOil & Gas Midstream-0.60
NCEWNew Century Logistics (BVI) Ltd$58MIndustrialsIntegrated Freight & Logistics-0.57
IPCXInflection Point Acquisition Corp III - Class A$261MFinancial ServicesShell Companies-0.55
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.51
DFSCDEFSEC Technologies Inc Com$8.73MIndustrialsAerospace & Defense-0.49
RAAQReal Asset Acquisition Corp - Class A$196MFinancial ServicesShell Companies-0.49
SLDESlide Insurance Holdings Inc$2.20BFinancial ServicesInsurance - Property & Casualty-0.49
CHAChagee Holdings Ltd$1.65BConsumer CyclicalRestaurants-0.46
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.45
DAAQDigital Asset Acquisition Corp - Class A$178MFinancial ServicesShell Companies-0.44
PROPPrairie Operating Co. Common Stock$81MEnergyOil & Gas E&p-0.44
STAKStak Inc$17MEnergyOil & Gas Equipment & Services-0.44
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.44
CRAQCal Redwood Acquisition Corp$320MFinancial ServicesShell Companies-0.42
BMGLBasel Medical Group Ltd$11MHealthcareMedical Care Facilities-0.41
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.41
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.41
TACHTitan Acquisition Corp - Class A$286MFinancial ServicesShell Companies-0.40
LGPSLogProstyle Inc$16MIndustrialsConglomerates-0.40
STRZStarz Entertainment Corp$380MCommunication ServicesEntertainment-0.40
EQVEQV Ventures Acquisition Corp.$466MFinancial ServicesShell Companies-0.38

ETFs that lowly correlated with MCR

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.85
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.78
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.77
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.77
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.77
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.76
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.76
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.76
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.76
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.76
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.76
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.76
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.76
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.76
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.75
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.75
METDDIREXION DAILY META BEAR 1X SHARES $8.60M1.02%Jun 5, 2024-0.75
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.74
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.74
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.73
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.73
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.73
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.73
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.73
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.71
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.69
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.68
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.67
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.66
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.66
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.65
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.65
AVSDIREXION DAILY AVGO BEAR 1X SHARES $6.90M1.03%Oct 9, 2024-0.65
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.65
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.65
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.63
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.62
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.61
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.60
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.60
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $228M1.04%Sep 30, 2021-0.60
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.60
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.59
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.59
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.59
RXDProShares UltraShort Health Care -2x Shares$4.90MN/AJan 30, 2007-0.57
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.56
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.56
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.56
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $33MN/AJul 16, 2009-0.56
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.55
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.53
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $307M0.90%Dec 1, 2020-0.53
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $14M1.11%Aug 14, 2024-0.52
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $23M0.50%Mar 6, 2024-0.52
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.52
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.51
TNGYTORTOISE ENERGY ETF $600M0.85%Dec 27, 2010-0.50
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $210M0.50%May 10, 2021-0.49
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.48
QIDPROSHARES ULTRASHORT QQQ $279MN/AJul 11, 2006-0.48
SDPProShares UltraShort Utilities -2x Shares$4.60MN/AJan 30, 2007-0.46
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.20MN/AMay 15, 2024-0.44
NFLWROUNDHILL NFLX WEEKLYPAY ETF $16MN/AJun 17, 2025-0.44
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $396M0.51%Dec 18, 2013-0.44
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.43
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.43
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $16M0.96%Aug 8, 2022-0.43
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $40MN/ANov 6, 2008-0.42
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $9.80M1.05%Jul 23, 2024-0.41
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.41
NVDSTradr 1.5X Short NVDA Daily ETF$23MN/AJul 13, 2022-0.40
FNGDBank of Montreal$68MN/AJan 22, 2018-0.40
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.40
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3MN/AJun 16, 2009-0.39
WTIDBank of Montreal$6.60MN/AFeb 16, 2023-0.36