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33 Stocks and 67 ETFs for diversifying Mayville Engineering (MEC)

The least correlated asset to Mayville Engineering (MEC) is ETF CSCS (Direxion Daily CSCO Bear 1X ETF). The correlation is -0.7985.

Stocks that lowly correlated with MEC

SymbolName
Market cap
SectorIndustry
Correlation
GLIBKGCI Liberty Inc$877MCommunication ServicesTelecom Services-0.69
STRCMicrostrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock$29BTechnologySoftware - Application-0.69
APADUA Paradise Acquisition Corp Unit$67MFinancial ServicesShell Companies-0.68
SUGPSU Group Holdings Ltd - Class A$5.51MIndustrialsSecurity & Protection Services-0.62
MLACMountain Lake Acquisition Corp - Class A$43MN/AN/A-0.62
BLSHBullish$3.80BTechnologySoftware - Infrastructure-0.61
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$18MFinancial ServicesShell Companies-0.60
AIIAmerican Integrity Insurance Group Inc$358MFinancial ServicesInsurance - Property & Casualty-0.60
VCKAUScilex Holding Company - Units (1 Ord & 1/2 War)$37MN/AN/A-0.59
APADEnhanced Group Inc - Class A$161MFinancial ServicesShell Companies-0.57
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.55
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.54
LEGTLegato Merger Corp. III$197MFinancial ServicesShell Companies-0.53
PVLAPalvella Therapeutics Inc$2.18BHealthcareBiotechnology-0.51
QETARQuetta Acquisition Corp$1.43MN/AN/A-0.50
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.49
ACFNN/A$45MTechnologyScientific & Technical Instruments-0.48
HPAIHelport AI Ltd$21MTechnologySoftware - Infrastructure-0.47
NAMIJinxin Technology Holding Company$7.41MCommunication ServicesInternet Content & Information-0.47
EMPGEmpro Group Inc$139MHealthcareMedical Distribution-0.46
CHARRCharlton Aria Acquisition Corporation Rights$206KN/AN/A-0.46
RDACRRising Dragon Acquisition Corp$140KN/AN/A-0.45
GIGGigCapital7 Corp - Class A$353MFinancial ServicesShell Companies-0.45
DGNXDiginex Ltd$28MIndustrialsConsulting Services-0.45
KRMNKarman Holdings Inc$6.47BIndustrialsAerospace & Defense-0.44
MENSJyong Biotech Ltd$174MHealthcareBiotechnology-0.42
VWAVVisionWave Holdings Inc$85MIndustrialsAerospace & Defense-0.42
EMPDEmpery Digital Inc$98MConsumer CyclicalAuto Manufacturers-0.41
CRCLCircle Internet Group Inc - Class A$16BFinancial ServicesCapital Markets-0.39
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.39
AUGOAura Minerals Inc$4.54BBasic MaterialsGold-0.39
FMFCKandal M Venture Ltd - Class A$4.71MConsumer CyclicalFootwear & Accessories-0.39
GIGGUGigCapital7 Corp - Units (1 Ord Class A & 1 War)$2.83BFinancial ServicesShell Companies-0.39

ETFs that lowly correlated with MEC

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
CSCSDirexion Daily CSCO Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.80
PDDLGRANITESHARES 2X LONG PDD DAILY ETF $7.60MN/AJul 14, 2025-0.75
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.74
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.64
NTRLFirst Trust Equity Market Neutral ETF$19M0.95%Feb 4, 2020-0.63
GLDYDEFIANCE GOLD ENHANCED OPTIONS INCOME ETF $32M1.04%Apr 1, 2025-0.59
SSKREX-OSPREY(TM) SOL + STAKING ETF $68M0.75%Jul 1, 2025-0.57
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.55
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.54
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.54
WTIPWISDOMTREE INFLATION PLUS FUND $21M0.65%Jun 16, 2025-0.54
HFMFUNLIMITED HFMF MANAGED FUTURES ETF $22M0.97%Jul 14, 2025-0.52
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.52
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.52
BCCCGLOBAL X BITCOIN COVERED CALL ETF $8.20M0.75%Jun 3, 2025-0.52
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.52
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.52
PLTGLEVERAGE SHARES 2X LONG PLTR DAILY ETF $23MN/AApr 24, 2025-0.52
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.51
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $16M1.03%Feb 11, 2025-0.51
SLONProShares Ultra Solana ETF$17MN/AJul 14, 2025-0.51
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.51
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.50
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.49
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.49
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.49
QCMDDirexion Daily QCOM Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.48
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.48
NFLPKurv Yield Premium Strategy Netflix (NFLX) ETF$4.70M0.99%Oct 26, 2023-0.47
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.47
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.46
CXRNTEUCRIUM 2X DAILY CORN ETF $4MN/ADec 12, 2024-0.46
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.46
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.46
BTGDSTKD 100% BITCOIN & 100% GOLD ETF $40M1.05%Oct 15, 2024-0.45
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.45
DVXCWEBs Defined Volatility XLC ETF$229K0.89%Jul 22, 2025-0.45
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.45
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.45
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.45
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.44
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.44
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.43
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.43
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.43
XLCISTATE STREET(R) COMMUNICATION SERVICES SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R ) COMMUNICATION SERVICES SELECT SECTOR SPDR(R) PREMIUM INCOME ETF$2.10M0.35%Jul 29, 2025-0.42
PALDDirexion Daily PANW Bear 1X Shares$1.80M1.02%Feb 10, 2025-0.42
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.42
NFXLDIREXION DAILY NFLX BULL 2X SHARES $141MN/AOct 2, 2024-0.41
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.41
NFLUT-REX 2X LONG NFLX DAILY TARGET ETF $46MN/ASep 26, 2024-0.41
LDRTISHARES IBONDS 1-5 YEAR TREASURY LADDER ETF $132M0.07%Nov 7, 2024-0.41
BAGYAMPLIFY BITCOIN MAX INCOME COVERED CALL ETF $10M0.65%Apr 28, 2025-0.41
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.41
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.40
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.40
LDDRStone Ridge 2035 Term Income ETF$42M0.25%Jan 3, 2025-0.40
WZRDOpportunistic Trader ETF$976K1.00%Jun 24, 2025-0.39
BITYAMPLIFY BITCOIN 2% MONTHLY OPTION INCOME ETF $12M0.65%Apr 28, 2025-0.39
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.39
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.39
YBITYIELDMAX(R) BITCOIN OPTION INCOME STRATEGY ETF $35M1.02%Apr 22, 2024-0.39
YBTCROUNDHILL BITCOIN COVERED CALL STRATEGY ETF $121M0.95%Jan 17, 2024-0.39
BTCCGRAYSCALE BITCOIN COVERED CALL ETF $13M0.65%Apr 1, 2025-0.39
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $13MN/AMar 31, 2025-0.39
LDRIISHARES IBONDS 1-5 YEAR TIPS LADDER ETF $27M0.10%Nov 7, 2024-0.38
IDEFiShares Defense Industrials Active ETF$4.10B0.55%May 19, 2025-0.38