40 Stocks and 60 ETFs for diversifying MNA (NYLI MERGER ARBITRAGE ETF)
The least correlated asset to MNA (NYLI MERGER ARBITRAGE ETF) is ETF TAPR (Barclays Bank). The correlation is -0.7215.
Stocks that lowly correlated with MNA
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| KCHV | Kochav Defense Acquisition Corp - Class A | $263M | Financial Services | Shell Companies | -0.66 |
| OYSE | Oyster Enterprises II Acquisition Corp | $268M | Financial Services | Shell Companies | -0.62 |
| PROP | Prairie Operating Co. Common Stock | $60M | Energy | Oil & Gas E&p | -0.62 |
| CMPOV | CompoSecure Inc | $3.51B | N/A | N/A | -0.59 |
| HBNB | Hotel101 Global Holdings Corp | $1.31B | Real Estate | Real Estate Services | -0.58 |
| FIGXU | FIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War) | $35M | Financial Services | Shell Companies | -0.57 |
| SI | Shoulder Innovations Inc | $452M | N/A | N/A | -0.55 |
| FVR | FrontView REIT Inc | $463M | Real Estate | Reit - Diversified | -0.54 |
| PACH | Pioneer Acquisition I Corp - Class A | $260M | Financial Services | Shell Companies | -0.53 |
| RAL | RALSTON PURINA CO | $7.56B | Technology | Electronic Components | -0.52 |
| LION | Lionsgate Studios Corp - New | $3.99B | Financial Services | Shell Companies | -0.51 |
| HCHL | Happy City Holdings Ltd - Class A | $59M | Consumer Cyclical | Restaurants | -0.51 |
| EDHL | Everbright Digital Holding Ltd | $5.88M | Communication Services | Advertising Agencies | -0.50 |
| PGAC | Pantages Capital Acquisition Corp Cl A Ord Shs | $118M | Financial Services | Shell Companies | -0.49 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.49 |
| GTERA | Globa Terra Acquisition Corporation Class A | $246M | Financial Services | Shell Companies | -0.49 |
| CHACU | Crane Harbor Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $72M | Financial Services | Shell Companies | -0.48 |
| OKUR | Reneo Pharmaceuticals Inc - Class A | $59M | Healthcare | Biotechnology | -0.48 |
| QSEA | Quartzsea Acquisition Corp | $87M | Financial Services | Shell Companies | -0.46 |
| STRZ | Starz Entertainment Corp | $468M | Communication Services | Entertainment | -0.46 |
| DAAQ | Digital Asset Acquisition Corp - Class A | $180M | Financial Services | Shell Companies | -0.45 |
| STAK | Stak Inc | $55M | Energy | Oil & Gas Equipment & Services | -0.45 |
| TVAIR | Thayer Ventures Acquisition Corporation II Rights | $166K | N/A | N/A | -0.44 |
| LRE | Lead Real Estate Co Ltd | $19M | Real Estate | Real Estate - Development | -0.44 |
| ADVB | Advanced Biomed Inc | $7.21M | Healthcare | Diagnostics & Research | -0.44 |
| FIGX | FIGX Capital Acquisition Corp - Class A | $159M | Financial Services | Shell Companies | -0.44 |
| MAMK | MaxsMaking Inc - Class A | $195M | Industrials | Conglomerates | -0.44 |
| HMR | Sports Properties Acquisition Corp | $65M | Industrials | Marine Shipping | -0.43 |
| KBSX | FST Corp | $39M | Consumer Cyclical | Leisure | -0.42 |
| SLDE | Slide Insurance Holdings Inc | $2.32B | Financial Services | Insurance - Property & Casualty | -0.42 |
| SMXT | SolarMax Technology Inc | $20M | Technology | Solar | -0.41 |
| SOCAU | Solarius Capital Acquisition Corp Units | $179M | Financial Services | Shell Companies | -0.41 |
| LAWR | Robot Consulting Co. Ltd | $158M | Industrials | Consulting Services | -0.40 |
| LCCC | Lakeshore Acquisition III Corp | $72M | Financial Services | Shell Companies | -0.40 |
| VSEE | VSee Health Inc | $4.99M | Healthcare | Health Information Services | -0.40 |
| TLIH | Ten League International Holdings Ltd | $17M | Industrials | Industrial Distribution | -0.40 |
| NMAX | Newsmax Inc Class B | $1.09B | Communication Services | Broadcasting | -0.39 |
| AIRJW | Montana Technologies Corp Wt Exp | $1.70M | N/A | N/A | -0.38 |
| DXYZ | Destiny Tech100 Inc | $629M | Financial Services | Asset Management | -0.38 |
| GRDN | Guardian Pharmacy Services Inc | $2.54B | Healthcare | Medical Care Facilities | -0.38 |