15 Stocks and 85 ETFs for diversifying QAI (NYLI HEDGE MULTI-STRATEGY TRACKER ETF)
The least correlated asset to QAI (NYLI HEDGE MULTI-STRATEGY TRACKER ETF) is ETF EFU (ProShares UltraShort MSCI EAFE -2x Shares). The correlation is -0.8575.
Stocks that lowly correlated with QAI
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| SOCAU | Solarius Capital Acquisition Corp Units | $179M | Financial Services | Shell Companies | -0.54 |
| PLBL | Polibeli Group Ltd | $2.84B | Consumer Cyclical | Department Stores | -0.53 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.52 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.52 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.50 |
| ORIQU | Origin Investment Corp I - Units (1 Ord Cls & 1/2 War) | $22M | Financial Services | Shell Companies | -0.50 |
| PACH | Pioneer Acquisition I Corp - Class A | $260M | Financial Services | Shell Companies | -0.49 |
| ASIC | Ategrity Specialty Holdings LLC | $1.08B | Financial Services | Insurance - Property & Casualty | -0.48 |
| GSHR | Gesher Acquisition Corp II - Class A | $157M | Financial Services | Shell Companies | -0.48 |
| PROP | Prairie Operating Co. Common Stock | $60M | Energy | Oil & Gas E&p | -0.46 |
| UBXG | U-BX Technology Ltd | $6.42M | Communication Services | Advertising Agencies | -0.44 |
| CDTG | CDT Environmental Technology Investment Holdings Ltd | $3.77M | Industrials | Waste Management | -0.41 |
| SI | Shoulder Innovations Inc | $452M | N/A | N/A | -0.41 |
| LGPS | LogProstyle Inc | $26M | Industrials | Conglomerates | -0.40 |
| MH | McGraw Hill Inc | $1.95B | Consumer Defensive | Education & Training Services | -0.40 |