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72 Stocks and 28 ETFs for diversifying Melar Acquisition Corp I - Warrants (01/06/2031) (MACIW)

The least correlated asset to Melar Acquisition Corp I - Warrants (01/06/2031) (MACIW) is ETF NTRL (First Trust Equity Market Neutral ETF). The correlation is -1.

Stocks that lowly correlated with MACIW

SymbolName
Market cap
SectorIndustry
Correlation
SLGCSomaLogic Inc - Class A$393MHealthcareHealth Information Services-0.95
GRCLGracell Biotechnologies Inc$990MHealthcareBiotechnology-0.92
FRBNForbion European Acquisition Corp - Class A$343MFinancial ServicesShell Companies-0.92
SOLEmeren Group Ltd American Depositary Shares, each representing 10 shares$100MTechnologySolar-0.92
STBXStarbox Group Holdings Ltd$1.14MCommunication ServicesInternet Content & Information-0.92
PLMIUPlum Acquisition Corp I - Units (1 Ord Share Class A & 1/5 War)$232MN/AN/A-0.83
IVCPUAleAnna Inc - Units (1 Ord Share Class A & 1/2 War)$308MN/AN/A-0.75
GSRMBitcoin Depot Inc - Class A$54MN/AN/A-0.71
PTWOUSBC Medical Group Holdings Inc - Units (1 Ord Class A & 1 War)$1.13BN/AN/A-0.67
FRLAFortune Rise Acquisition Corp - Class A$35MFinancial ServicesShell Companies-0.66
GLIBAGCI Liberty Inc - Class A$879MCommunication ServicesTelecom Services-0.66
YMABY-Mabs Therapeutics Inc$390MHealthcareBiotechnology-0.65
SNDXSyndax Pharmaceuticals Inc$2.08BHealthcareBiotechnology-0.65
WOWWideOpenWest, Inc. Common Stock$446MCommunication ServicesTelecom Services-0.65
SMTKSmartKem, Inc. Common Stock$4.23MTechnologySemiconductor Equipment & Materials-0.64
ACSTAcasti Pharma Inc - Class A$53MN/AN/A-0.64
AXNXAxonics Inc$3.63BN/AN/A-0.64
PCGPG&E Corp$39BUtilitiesUtilities - Regulated Electric-0.62
EQEquillium Inc$166MHealthcareBiotechnology-0.60
DRRXDurect Corp$60MHealthcareDrug Manufacturers - Specialty & Generic-0.60
SCSSteelcase Inc - Class A$1.85BConsumer CyclicalFurnishings, Fixtures & Appliances-0.60
LSBKLake Shore Bancorp Inc$134MFinancial ServicesBanks - Regional-0.57
SNGXSoligenix Inc$3.91MHealthcareBiotechnology-0.56
EZPWEZCorp Inc - Class A$2.02BFinancial ServicesCredit Services-0.56
BKHBlack Hills Corporation$5.59BUtilitiesUtilities - Regulated Gas-0.56
LBPHLongboard Pharmaceuticals Inc$2.34BN/AN/A-0.54
NWENorthWestern Energy Group Inc$4.41BUtilitiesUtilities - Regulated Electric-0.54
CNACNA Financial Corp$14BFinancial ServicesInsurance - Property & Casualty-0.53
PHLTPerformant Healthcare Inc$626MHealthcareHealth Information Services-0.53
EMPGEmpro Group Inc$139MHealthcareMedical Distribution-0.52
FNWDFinward Bancorp$157MFinancial ServicesBanks - Regional-0.52
JBSJBS N.V. - Class A$13BConsumer DefensivePackaged Foods-0.51
RIGLRigel Pharmaceuticals$758MHealthcareBiotechnology-0.51
DMDesktop Metal Inc - Class A$165MN/AN/A-0.51
SAMBoston Beer Co. Inc - Class A$1.78BConsumer DefensiveBeverages - Brewers-0.51
FAFFirst American Financial Corp$7.10BFinancial ServicesInsurance - Specialty-0.50
OHIOmega Healthcare Investors Inc$14BReal EstateReit - Healthcare Facilities-0.50
FRLAUFortune Rise Acquisition Corp - Units (1 Ord Share Class A & 1/2 War)$36MFinancial ServicesShell Companies-0.50
GRDNGuardian Pharmacy Services Inc$2.54BHealthcareMedical Care Facilities-0.50
NJRNew Jersey Resources Corporation$5.84BUtilitiesUtilities - Regulated Gas-0.50
ANTEAirNet Technology Inc$89MN/AN/A-0.49
STCStewart Information Services Corp$2.09BFinancial ServicesInsurance - Property & Casualty-0.49
PORPortland General Electric Company$6.04BUtilitiesUtilities - Regulated Electric-0.49
XFORX4 Pharmaceuticals Inc$368MHealthcareBiotechnology-0.48
TAPMolson Coors Beverage Company - Class B$7.89BConsumer DefensiveBeverages - Brewers-0.48
IMXIInternational Money Express Inc$411MTechnologySoftware - Infrastructure-0.48
FTSFortis Inc$29BUtilitiesUtilities - Regulated Electric-0.47
JCAPJefferson Capital Inc$1.06BFinancial ServicesCredit Services-0.47
AUPHAurinia Pharmaceuticals Inc$2.11BHealthcareBiotechnology-0.47
AMPHAmphastar Pharmaceuticals Inc$866MHealthcareDrug Manufacturers - Specialty & Generic-0.47
TSNTyson Foods Inc - Class A$20BConsumer DefensiveFarm Products-0.47
MENSJyong Biotech Ltd$174MHealthcareBiotechnology-0.46
WTRGEssential Utilities Inc$11BUtilitiesUtilities - Regulated Water-0.46
SVIIUSpring Valley Acquisition Corp II - Units (1 Ord Class A 1 Right & 1/2 War)$29MFinancial ServicesShell Companies-0.46
PINEAlpine Income Property Trust Inc$335MReal EstateReit - Retail-0.46
KNFKnife River Corp$4.67BBasic MaterialsBuilding Materials-0.46
CIACitizens Inc - Class A$276MFinancial ServicesInsurance - Life-0.45
CELCCelcuity Inc$4.42BHealthcareBiotechnology-0.45
EIXEdison International$30BUtilitiesUtilities - Regulated Electric-0.45
TVAIThayer Ventures Acquisition Corporation II$208MFinancial ServicesShell Companies-0.45
TRPTC Energy Corporation$72BEnergyOil & Gas Midstream-0.45
GTYGetty Realty Corp$2.08BReal EstateReit - Retail-0.45
CRAQCal Redwood Acquisition Corp$320MFinancial ServicesShell Companies-0.45
BWMXBetterware de Mexico S.A.P.I. de C.V$675MConsumer CyclicalSpecialty Retail-0.44
NAASNaas Technology Inc$50Consumer CyclicalSpecialty Retail-0.44
CTNMContineum Therapeutics Inc - Class A$546MHealthcareBiotechnology-0.44
LBTYALiberty Global plc - Class A$3.61BCommunication ServicesTelecom Services-0.44
CHRWC.H. Robinson Worldwide Inc$23BIndustrialsIntegrated Freight & Logistics-0.44
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.44
SCCGSachem Capital Corp$1.19BN/AN/A-0.43
VTRVentas Inc$45BReal EstateReit - Healthcare Facilities-0.43
VIRCVirco Manufacturing Corp$95MConsumer CyclicalFurnishings, Fixtures & Appliances-0.43

ETFs that lowly correlated with MACIW

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
NTRLFirst Trust Equity Market Neutral ETF$19M0.95%Feb 4, 2020-1.00
XCOMUltra Communication Services Select Sector ETF$384KN/AJun 2, 2026-1.00
ONGLeverage Shares 2X Long ON Daily ETF$1.90MN/AJun 1, 2026-1.00
GLDNNICHOLAS GOLD INCOME ETF $2.50M1.07%Feb 17, 2026-0.92
FIYYGRANITESHARES YIELDBOOST 20Y+ TREASURIES ETF $732K1.07%May 4, 2026-0.91
PCIPGIM Corporate Bond 5-10 Year ETF$534M0.25%Jul 29, 2025-0.83
TIPDNORTHERN TRUST 2055 INFLATION-LINKED DISTRIBUTING LADDER ETF $2M0.10%Aug 18, 2025-0.83
JABSJANUS HENDERSON ASSET-BACKED SECURITIES ETF $135M0.33%Jul 22, 2025-0.67
CONIGRANITESHARES 2X SHORT COIN DAILY ETF $16MN/ASep 4, 2024-0.67
AUSMAllspring Ultra Short Municipal ETF$31M0.18%Jul 7, 2025-0.57
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $35M1.05%Jul 9, 2024-0.55
BLSTBLUEMONTE SHORT TERM BOND ETF $167M0.23%Jun 20, 2025-0.55
MSFDDIREXION DAILY MSFT BEAR 1X SHARES $11M1.02%Sep 6, 2022-0.52
ODHYOBRA DEFENSIVE HIGH YIELD ETF$5.10M0.50%Jun 30, 2025-0.51
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $13MN/AMar 31, 2025-0.49
FLSPFRANKLIN SYSTEMATIC STYLE PREMIA ETF $946M0.65%Dec 18, 2019-0.49
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.48
CEFZRIVERNORTH ACTIVE INCOME ETF $40M3.36%Dec 27, 2006-0.48
SGVTSCHWAB GOVERNMENT MONEY MARKET ETF $770M0.28%Jun 11, 2025-0.47
GLDWROUNDHILL GOLD WEEKLYPAY ETF $17MN/AOct 29, 2025-0.47
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.47
SBILSimplify Government Money Market ETF$5B0.15%Jul 14, 2025-0.46
MIYBlackRock MuniYield Michigan Quality Fund Inc$363MN/AN/A-0.45
BDBTBLUEMONTE CORE BOND ETF $480M0.23%Jun 20, 2025-0.45
PALDDirexion Daily PANW Bear 1X Shares$1.80M1.02%Feb 10, 2025-0.44
BLUIBLUEMONTE DIVERSIFIED INCOME ETF $105M0.75%Jun 20, 2025-0.44
WNTRYieldMax Short MSTR Option Income Strategy ETF$81M1.00%Mar 26, 2025-0.43
ORRMILITIA LONG/SHORT EQUITY ETF $351M10.91%Jan 14, 2025-0.42