25 Stocks and 75 ETFs for diversifying MSMR (MCELHENNY SHEFFIELD MANAGED RISK ETF)
The least correlated asset to MSMR (MCELHENNY SHEFFIELD MANAGED RISK ETF) is ETF YQQQ (YIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF). The correlation is -0.7774.
Stocks that lowly correlated with MSMR
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| ASIC | Ategrity Specialty Holdings LLC | $969M | Financial Services | Insurance - Property & Casualty | -0.69 |
| CAPS | Capstone Holding Corp | $3.02M | Basic Materials | Building Materials | -0.66 |
| MCTR | CTRL Group Ltd | $15M | Communication Services | Advertising Agencies | -0.64 |
| JBS | JBS N.V. - Class A | $14B | Consumer Defensive | Packaged Foods | -0.59 |
| RIBBU | Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $56M | Financial Services | Shell Companies | -0.58 |
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $20M | Financial Services | Shell Companies | -0.57 |
| COEP | Coeptis Therapeutics Holdings Inc. Common Stock | $22M | Healthcare | Biotechnology | -0.56 |
| TMDE | TMD Energy Ltd | $18M | Energy | Oil & Gas Midstream | -0.56 |
| GSRM | Bitcoin Depot Inc - Class A | $54M | N/A | N/A | -0.55 |
| SAFX | XCF Global Inc | $126M | Utilities | Utilities - Renewable | -0.53 |
| RNERU | Mount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt) | $125M | N/A | N/A | -0.53 |
| LZMH | LZ Technology Holdings Ltd - Class B | $9.09M | Technology | Information Technology Services | -0.48 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.48 |
| CNL | Collective Mining Ltd. | $1.40B | Basic Materials | Gold | -0.47 |
| EPWK | EPWK Holdings Ltd - Class A | $9.78K | Technology | Software - Application | -0.45 |
| PXDT | Pixie Dust Technologies Inc | $8.62M | Technology | Consumer Electronics | -0.45 |
| GLIBA | GCI Liberty Inc - Class A | $926M | Communication Services | Telecom Services | -0.43 |
| CBIO | Crescent Biopharma Inc | $573M | Healthcare | Biotechnology | -0.43 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.43 |
| IBAC | IB Acquisition Corp | $46M | Financial Services | Shell Companies | -0.43 |
| VACH | Voyager Acquisition Corp - Class A | $279M | Financial Services | Shell Companies | -0.42 |
| SCAQU | Stratim Cloud Acquisition Corp - Units (1 Ord Share Class A & 1/3 War) | $286M | N/A | N/A | -0.41 |
| LIONU | Lionheart III Corp - Units (1 Ord Share Class A & 1/2 War) | $113M | N/A | N/A | -0.40 |
| EQV | EQV Ventures Acquisition Corp. | $466M | Financial Services | Shell Companies | -0.39 |
| NAMI | Jinxin Technology Holding Company | $34M | Communication Services | Internet Content & Information | -0.38 |