38 Stocks and 62 ETFs for diversifying MainStay CBRE Global Infrastructure Megatrends Fund (MEGI)
The least correlated asset to MainStay CBRE Global Infrastructure Megatrends Fund (MEGI) is ETF EFZ (ProShares Short MSCI EAFE -1X Shares). The correlation is -0.7787.
Stocks that lowly correlated with MEGI
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| MH | McGraw Hill Inc | $1.95B | Consumer Defensive | Education & Training Services | -0.69 |
| THH | TryHard Holdings Ltd | $12M | Industrials | Specialty Business Services | -0.69 |
| PLBL | Polibeli Group Ltd | $2.84B | Consumer Cyclical | Department Stores | -0.66 |
| FIGXU | FIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War) | $35M | Financial Services | Shell Companies | -0.65 |
| LMNX | Luminex Corp | $620M | N/A | N/A | -0.63 |
| OTF | Blue Owl Technology Finance Corp | $4.79B | Financial Services | Asset Management | -0.59 |
| LION | Lionsgate Studios Corp - New | $3.99B | Financial Services | Shell Companies | -0.56 |
| VCKAU | Scilex Holding Company - Units (1 Ord & 1/2 War) | $37M | N/A | N/A | -0.55 |
| MAMK | MaxsMaking Inc - Class A | $195M | Industrials | Conglomerates | -0.54 |
| CHACU | Crane Harbor Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $72M | Financial Services | Shell Companies | -0.53 |
| MAGH | Magnitude International Ltd | $230M | Industrials | Engineering & Construction | -0.52 |
| HERZ | Herzfeld Credit Income Fund Inc Com | $230M | Financial Services | Asset Management | -0.51 |
| NIQ | NIQ Global Intelligence plc | $3.24B | N/A | N/A | -0.51 |
| DXYZ | Destiny Tech100 Inc | $629M | Financial Services | Asset Management | -0.51 |
| NTWOU | Newbury Street II Acquisition Corp - Units (1 Ord Cls A & 1/2 War) | $184M | Financial Services | Shell Companies | -0.51 |
| SI | Shoulder Innovations Inc | $452M | N/A | N/A | -0.50 |
| RAL | RALSTON PURINA CO | $7.56B | Technology | Electronic Components | -0.50 |
| OYSE | Oyster Enterprises II Acquisition Corp | $268M | Financial Services | Shell Companies | -0.50 |
| SMXT | SolarMax Technology Inc | $20M | Technology | Solar | -0.48 |
| AKUS | Akouos Inc | $490M | N/A | N/A | -0.47 |
| ASPC | A SPAC III Acquisition Corp - Class A | $17M | Financial Services | Shell Companies | -0.46 |
| CV | CapsoVision Inc | $315M | Healthcare | Medical Devices | -0.46 |
| HCHL | Happy City Holdings Ltd - Class A | $59M | Consumer Cyclical | Restaurants | -0.46 |
| RHLD | Resolute Holdings Management Inc | $1.12B | Industrials | Specialty Business Services | -0.45 |
| UMAC | Unusual Machines Inc | $885M | Technology | Computer Hardware | -0.45 |
| MSGY | Masonglory Ltd | $5.30M | Industrials | Engineering & Construction | -0.43 |
| ARX | Accelerant Holdings - Class A | $2.82B | Financial Services | Insurance Brokers | -0.42 |
| FLAC | Frazier Lifesciences Acquisition Corp - Class A | $175M | N/A | N/A | -0.42 |
| PLMKU | Plum Acquisition Corp IV - Units (1 Ord cls A & 1/2 Warr) | $213M | Financial Services | Shell Companies | -0.42 |
| HTLM | HomesToLife Ltd | $168M | Consumer Cyclical | Specialty Retail | -0.41 |
| VCXA | 10X Capital Venture Acquisition Corp II - Class A | $86M | N/A | N/A | -0.41 |
| LHAI | Linkhome Holdings Inc | $19M | Real Estate | Real Estate Services | -0.41 |
| MDCX | MDCorp | $14M | Healthcare | Drug Manufacturers - General | -0.40 |
| IOTR | iOThree Ltd | $13M | Communication Services | Telecom Services | -0.40 |
| CHYM | Chime Financial Inc - Class A | $8.43B | Technology | Software - Application | -0.40 |
| HBNB | Hotel101 Global Holdings Corp | $1.31B | Real Estate | Real Estate Services | -0.39 |
| NYAX | Nayax Ltd | $2.63B | Technology | Software - Infrastructure | -0.39 |
| ZJK | ZJK Industrial Co Ltd | $126M | Industrials | Specialty Industrial Machinery | -0.39 |