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25 Stocks and 75 ETFs for diversifying Montrose Environmental Group, (MEG)

The least correlated asset to Montrose Environmental Group, (MEG) is ETF REFA (INVESCO INTERNATIONAL REVENUE ETF). The correlation is -0.726.

Stocks that lowly correlated with MEG

SymbolName
Market cap
SectorIndustry
Correlation
IOTRiOThree Ltd$13MCommunication ServicesTelecom Services-0.68
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.65
BOWBowhead Specialty Holdings Inc$982MFinancial ServicesInsurance - Property & Casualty-0.63
LGPSLogProstyle Inc$26MIndustrialsConglomerates-0.57
UYSCUY Scuti Acquisition Corp$74MFinancial ServicesShell Companies-0.57
AOMDAngel Oak Mortgage REIT Inc$622MN/AN/A-0.51
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.48
HCAIHuachen AI Parking Management Technology Holding Co. Ltd$10MIndustrialsFarm & Heavy Construction Machinery-0.47
ADVBAdvanced Biomed Inc$7.21MHealthcareDiagnostics & Research-0.46
NCEWNew Century Logistics (BVI) Ltd$54MIndustrialsIntegrated Freight & Logistics-0.46
HMRSports Properties Acquisition Corp$65MIndustrialsMarine Shipping-0.44
BMGLBasel Medical Group Ltd$9.61MHealthcareMedical Care Facilities-0.42
PFAIPinnacle Food Group Ltd - Class A$43MConsumer DefensiveFarm Products-0.41
CGTLCreative Global Technology Holdings Ltd$6.84MConsumer CyclicalSpecialty Retail-0.41
LIONLionsgate Studios Corp - New$3.99BFinancial ServicesShell Companies-0.40
BULLWebull Corporation$3.05BTechnologySoftware - Application-0.39
WYHGWing Yip Food Holdings Group Ltd$59MConsumer DefensivePackaged Foods-0.38
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.37
WSBKWinchester Bancorp Inc$121MFinancial ServicesBanks - Regional-0.37
JMACUMaxpro Capital Acquisition Corp - Units (1 Ord Share Class A & 1 War)$150MN/AN/A-0.36
GSRMBitcoin Depot Inc - Class A$54MN/AN/A-0.35
MKZRMackenzie Realty Capital Inc$3.70MReal EstateReit - Diversified-0.33
EHGOEshallgo Inc - Class A$3.67MIndustrialsBusiness Equipment & Supplies-0.32
PTLEPTL Ltd$70MConsumer CyclicalSpecialty Retail-0.32
TWODTwo Harbors Investment Corp$2.67BN/AN/A-0.32

ETFs that lowly correlated with MEG

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
REFAINVESCO INTERNATIONAL REVENUE ETF$5.60M0.32%Dec 11, 2025-0.73
QBProShares Nasdaq100 Dynamic Buffer ETF$2.80M0.58%Jun 24, 2025-0.63
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.62
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.60
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.58
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.57
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.57
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.57
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.57
EMTYPROSHARES DECLINE OF THE RETAIL STORE ETF $3M0.65%Nov 14, 2017-0.56
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.56
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.55
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.55
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.54
SBBPROSHARES SHORT SMALLCAP600 $3.30M0.95%Jan 23, 2007-0.54
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.54
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.53
TIERT. ROWE PRICE INTERNATIONAL EQUITY RESEARCH ETF $31M0.38%Jun 25, 2025-0.53
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.52
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.51
FBProShares S&P 500 Dynamic Buffer ETF$1.30M0.58%Jun 24, 2025-0.51
CSCLDirexion Daily CSCO Bull 2X ETF$16MN/AJun 24, 2025-0.50
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.50
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.49
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.48
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.48
RBProShares Russell 2000 Dynamic Buffer ETF$1.20M0.58%Jun 24, 2025-0.48
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.47
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.47
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.47
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.47
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.47
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.46
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.46
EFZPROSHARES SHORT MSCI EAFE $12M0.95%Oct 23, 2007-0.45
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.45
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.44
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.44
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $61MN/AAug 21, 2023-0.44
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.43
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.42
SETHProShares Short Ether ETF$23M0.95%Nov 1, 2023-0.42
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.41
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.41
JUCYAPTUS ENHANCED YIELD ETF $251M0.60%Oct 31, 2022-0.41
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.41
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $19M1.01%Sep 12, 2023-0.41
NVDQT-Rex 2X Inverse NVIDIA Daily Target ETF$22MN/AOct 18, 2023-0.40
AMZWROUNDHILL AMZN WEEKLYPAY ETF $34MN/AJun 17, 2025-0.40
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.39
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.39
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.38
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $13MN/AMar 31, 2025-0.38
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.38
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.38
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.38
PLTZDefiance Daily Target 2x Short PLTR ETF$13MN/AJun 5, 2025-0.38
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.38
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $29MN/AJul 16, 2009-0.38
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.37
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.36
ETHDProShares UltraShort Ether ETF$86MN/AJun 6, 2024-0.36
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.36
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.35
SRTYProShares UltraPro Short Russell2000 -3x Shares$73MN/AFeb 9, 2010-0.35
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.34
OBILF/M US TREASURY 12 MONTH BILL ETF $301M0.15%Nov 14, 2022-0.34
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.34
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $274M1.04%Sep 30, 2021-0.34
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.34
ELILDirexion Daily LLY Bull 2X Shares$23MN/AMar 25, 2025-0.34
MSFDDIREXION DAILY MSFT BEAR 1X SHARES $11M1.02%Sep 6, 2022-0.33
SZKPROSHARES ULTRASHORT CONSUMER STAPLES $4.70MN/AJan 30, 2007-0.33
EXUSMACQUARIE FOCUSED INTERNATIONAL CORE ETF$95M0.59%Jun 17, 2025-0.32
FNGDBank of Montreal$56MN/AJan 22, 2018-0.32