Skip to main content

Want a detailed portfolio tracker?

37 Stocks and 63 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 -0.7712.

Stocks that lowly correlated with MEC

SymbolName
Market cap
SectorIndustry
Correlation
TMDETMD Energy Ltd$18MEnergyOil & Gas Midstream-0.62
AIIAmerican Integrity Insurance Group Inc$328MFinancial ServicesInsurance - Property & Casualty-0.61
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.60
VCKAUScilex Holding Company - Units (1 Ord & 1/2 War)$37MN/AN/A-0.59
INHDInno Holdings Inc$9.59MBasic MaterialsSteel-0.54
FMFCKandal M Venture Ltd - Class A$6.81MConsumer CyclicalFootwear & Accessories-0.52
MENSJyong Biotech Ltd$164MHealthcareBiotechnology-0.51
PVLAPalvella Therapeutics Inc$1.66BHealthcareBiotechnology-0.50
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.50
DGNXDiginex Ltd$31MIndustrialsConsulting Services-0.49
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.49
NAMIJinxin Technology Holding Company$34MCommunication ServicesInternet Content & Information-0.48
AZIAutozi Internet Technology (Global) Ltd - Class A$9.05MConsumer CyclicalAuto & Truck Dealerships-0.46
ZSPCZspace Inc$2.96MTechnologyComputer Hardware-0.46
QETARQuetta Acquisition Corp$1.33MN/AN/A-0.46
AIROAIRO Group Holdings Inc$229MIndustrialsAerospace & Defense-0.45
TURBTurbo Energy S.A.$7.58MTechnologySolar-0.44
GIGGigCapital7 Corp - Class A$353MFinancial ServicesShell Companies-0.44
RFAIRF Acquisition Corp II$116MFinancial ServicesShell Companies-0.44
OMDAOmada Health Inc$975MHealthcareHealth Information Services-0.43
XRPNArmada Acquisition Corp II - Class A$328MFinancial ServicesShell Companies-0.43
ENGSEnergys Group Ltd$12MIndustrialsWaste Management-0.41
CAICaris Life Sciences Inc - Class A$4.35BHealthcareBiotechnology-0.41
CHARRCharlton Aria Acquisition Corporation Rights$226KN/AN/A-0.41
MOBXMobix Labs Inc - Class A$20MTechnologySemiconductors-0.40
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.39
DYCQDT Cloud Acquisition Corp$23MFinancial ServicesShell Companies-0.39
UFGUni Fuels Holdings Ltd - Class A$24MIndustrialsMarine Shipping-0.38
UMACUnusual Machines Inc$900MTechnologyComputer Hardware-0.37
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.37
WAYWaystar Holding Corp$3.65BHealthcareHealth Information Services-0.37
KAPAKairos Pharma Ltd$11MHealthcareBiotechnology-0.37
CRCLCircle Internet Group Inc - Class A$25BFinancial ServicesCapital Markets-0.36
HPAIHelport AI Ltd$33MTechnologySoftware - Infrastructure-0.36
TPETTrio Petroleum Corp$3.76MEnergyOil & Gas E&p-0.36
SUPXSuper X AI Technology Ltd$299MTechnologySoftware - Infrastructure-0.35
MDCXMedicus Pharma Ltd. Common Stock$12MN/AN/A-0.35

ETFs that lowly correlated with MEC

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
CSCSDirexion Daily CSCO Bear 1X ETF$1.80M1.00%Jun 24, 2025-0.77
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.69
NFLWROUNDHILL NFLX WEEKLYPAY ETF $16MN/AJun 17, 2025-0.68
WZRDOpportunistic Trader ETF$3.90M1.00%Jun 24, 2025-0.64
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.59
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $14M1.11%Aug 14, 2024-0.58
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.55
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.55
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.55
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.54
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.52
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.52
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.52
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $21M1.03%Feb 11, 2025-0.52
PLTGLEVERAGE SHARES 2X LONG PLTR DAILY ETF $26MN/AApr 24, 2025-0.51
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.50
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.50
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $396M0.51%Dec 18, 2013-0.50
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.49
QCMDDirexion Daily QCOM Bear 1X ETF$2M1.00%Jun 24, 2025-0.49
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.48
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.47
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.47
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.47
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.47
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.47
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.46
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.46
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.46
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.45
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.45
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.45
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.45
UUPInvesco DB US Dollar Index Bullish Fund$352M0.75%Feb 20, 2007-0.44
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.43
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.43
RTXGLeverage Shares 2X Long RTX Daily ETF$4MN/AJun 5, 2025-0.43
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.42
EUOProShares UltraShort Euro -2X Shares$38MN/ANov 24, 2008-0.42
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.41
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $9.80M1.05%Jul 23, 2024-0.41
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.41
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.41
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.41
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.40
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.40
AVSDIREXION DAILY AVGO BEAR 1X SHARES $6.90M1.03%Oct 9, 2024-0.40
NVDSTradr 1.5X Short NVDA Daily ETF$23MN/AJul 13, 2022-0.40
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.39
NFLPKurv Yield Premium Strategy Netflix (NFLX) ETF$7.50M0.99%Oct 26, 2023-0.39
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $23M0.50%Mar 6, 2024-0.38
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.20MN/AMay 15, 2024-0.38
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $228M1.04%Sep 30, 2021-0.38
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.38
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.37
LFBEStone Ridge 2065 Longevity Income ETF$3.20M0.25%Jan 3, 2025-0.37
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.37
HFSPTRADERSAI LARGE CAP EQUITY & CASH ETF $729K1.25%Oct 22, 2024-0.36
ZSLProShares UltraShort Silver -2x Shares$145MN/ADec 1, 2008-0.35
NFXLDIREXION DAILY NFLX BULL 2X SHARES $176MN/AOct 2, 2024-0.35
NFLUT-REX 2X LONG NFLX DAILY TARGET ETF $36MN/ASep 26, 2024-0.34
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.34
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.34