29 Stocks and 71 ETFs for diversifying MMCA (NYLI MACKAY CALIFORNIA MUNI INTERMEDIATE ETF)
The least correlated asset to MMCA (NYLI MACKAY CALIFORNIA MUNI INTERMEDIATE ETF) is ETF XCOM (Ultra Communication Services Select Sector ETF). The correlation is -1.
Stocks that lowly correlated with MMCA
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| ARX | Accelerant Holdings - Class A | $2.82B | Financial Services | Insurance Brokers | -0.77 |
| ETOR | Etoro Group Ltd - Class A | $3.63B | Financial Services | Capital Markets | -0.72 |
| CTW | CTW Cayman - Class A | $147M | Communication Services | Electronic Gaming & Multimedia | -0.70 |
| STRZ | Starz Entertainment Corp | $468M | Communication Services | Entertainment | -0.67 |
| CRE | Cre8 Enterprise Ltd Class A | $6.60M | Industrials | Specialty Business Services | -0.62 |
| CRCL | Circle Internet Group Inc - Class A | $16B | Financial Services | Capital Markets | -0.62 |
| APADR | Enhanced Group Inc | $6.67M | N/A | N/A | -0.59 |
| FIG | Figma Inc - Class A | $12B | Technology | Software - Application | -0.59 |
| BLSH | Bullish | $3.80B | Technology | Software - Infrastructure | -0.58 |
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $18M | Financial Services | Shell Companies | -0.58 |
| EMPD | Empery Digital Inc | $98M | Consumer Cyclical | Auto Manufacturers | -0.57 |
| NYAX | Nayax Ltd | $2.63B | Technology | Software - Infrastructure | -0.55 |
| OMSE | OMS Energy Technologies Inc | $197M | Energy | Oil & Gas Equipment & Services | -0.54 |
| ETS | Elite Express Holding Inc - Class A | $13M | Industrials | Trucking | -0.53 |
| ALTS | ALT5 Sigma Corporation Common Stock | $4.90B | Technology | Software - Application | -0.53 |
| CHA | Chagee Holdings Ltd | $1.84B | Consumer Cyclical | Restaurants | -0.52 |
| HCHL | Happy City Holdings Ltd - Class A | $59M | Consumer Cyclical | Restaurants | -0.52 |
| EQT | EQT Corp | $31B | Energy | Oil & Gas E&p | -0.47 |
| BSM | Black Stone Minerals L.P. | $3.03B | Energy | Oil & Gas E&p | -0.46 |
| PEW | GrabAGun Digital Holdings Inc | $75M | Industrials | Aerospace & Defense | -0.45 |
| CTRA | Coterra Energy Inc. | $25B | Energy | Oil & Gas E&p | -0.45 |
| SAFX | XCF Global Inc | $145M | Utilities | Utilities - Renewable | -0.44 |
| UYSC | UY Scuti Acquisition Corp | $74M | Financial Services | Shell Companies | -0.44 |
| SLDE | Slide Insurance Holdings Inc | $2.32B | Financial Services | Insurance - Property & Casualty | -0.44 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.44 |
| GIFT | RDE Inc | $29M | Communication Services | Internet Content & Information | -0.44 |
| AR | Antero Resources Corp | $10B | Energy | Oil & Gas E&p | -0.44 |
| STFS | Star Fashion Culture Holdings Ltd - Class A | $903K | Communication Services | Advertising Agencies | -0.44 |
| EPWK | EPWK Holdings Ltd - Class A | $9.78K | Technology | Software - Application | -0.44 |