31 Stocks and 69 ETFs for diversifying Merchants Bancorp Depositary Shares 6.00 Fixed Rate Series C NonCumulative Perpetual Preferred Stock (MBINN)
The least correlated asset to Merchants Bancorp Depositary Shares 6.00 Fixed Rate Series C NonCumulative Perpetual Preferred Stock (MBINN) is company New Century Logistics (BVI) (NCEW). The correlation is -0.8464.
Stocks that lowly correlated with MBINN
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| NCEW | New Century Logistics (BVI) Ltd | $8.41M | Industrials | Integrated Freight & Logistics | -0.85 |
| CGTL | Creative Global Technology Holdings Ltd | $11M | Consumer Cyclical | Specialty Retail | -0.64 |
| FACTU | FACT II Acquisition Corp - Units (1 Ord Class A & 1/2 War) | $259M | Financial Services | Shell Companies | -0.60 |
| SMXT | SolarMax Technology Inc | $43M | Technology | Solar | -0.59 |
| AZI | Autozi Internet Technology (Global) Ltd - Class A | $8.47M | Consumer Cyclical | Auto & Truck Dealerships | -0.58 |
| OMH | Ohmyhome Ltd | $24M | Real Estate | Real Estate Services | -0.48 |
| ELPW | Elong Power Holding Ltd | $12M | None | None | -0.47 |
| IBG | Innovation Beverage Group Ltd | $3.89M | Consumer Defensive | Beverages - Wineries & Distilleries | -0.47 |
| VACHW | Voyager Acquisition Corp - Warrants (16/05/2031) | $7.50M | Financial Services | Shell Companies | -0.45 |
| ANSC | Agriculture & Natural Solutions Acquisition Corp - Class A | $478M | Financial Services | Shell Companies | -0.44 |
| HONDW | HCM II Acquisition Corp. Warrant | $202M | Financial Services | Shell Companies | -0.42 |
| RAY | Raytech Holding Ltd | $39M | Consumer Defensive | Household & Personal Products | -0.42 |
| DFDV | DeFi Development Corp | $158M | Technology | Software - Infrastructure | -0.41 |
| BOW | Bowhead Specialty Holdings Inc | $896M | Financial Services | Insurance - Property & Casualty | -0.41 |
| ATPC | Agape ATP Corp | $71M | Consumer Defensive | Packaged Foods | -0.41 |
| MACIU | Melar Acquisition Corp I - Units (1 Ord Class A & 1 War) | $233M | Financial Services | Shell Companies | -0.40 |
| FOXXW | Foxx Development Holdings Inc - Warrants(26/09/2029) | $679K | Technology | Consumer Electronics | -0.40 |
| PRMB | Primo Brands Corp - Class A | $5.64B | Consumer Defensive | Beverages - Non-alcoholic | -0.38 |
| DXYZ | Destiny Tech100 Inc | $249M | Financial Services | Asset Management | -0.38 |
| STFS | Star Fashion Culture Holdings Ltd - Class A | $1.73M | Communication Services | Advertising Agencies | -0.36 |
| CJET | Chijet Motor Company Inc | $88M | Consumer Cyclical | Auto Manufacturers | -0.36 |
| SLXN | Silexion Therapeutics Corp | $1.63M | Healthcare | Biotechnology | -0.36 |
| SIMAU | SIM Acquisition Corp I | $248M | Financial Services | Shell Companies | -0.35 |
| PODC | PodcastOne Inc | $52M | N/A | N/A | -0.34 |
| ATMC | AlphaTime Acquisition Corp | $43M | Financial Services | Shell Companies | -0.34 |
| SXTPW | 60 Degrees Pharmaceuticals Inc - Warrants (16/05/2028) | $103K | Healthcare | Biotechnology | -0.34 |
| SHMD | SCHMID Group N.V. - Class A | $137M | Industrials | Specialty Industrial Machinery | -0.32 |
| CREV | Carbon Revolution Public Ltd Company | $6.85M | Consumer Cyclical | Auto Parts | -0.31 |
| CDTG | CDT Environmental Technology Investment Holdings Ltd | $5.60M | Industrials | Waste Management | -0.31 |
| ALMS | Alumis Inc | $405M | N/A | N/A | -0.31 |
| DEC | N/A | $1.01B | Energy | Oil & Gas Integrated | -0.30 |