32 Stocks and 68 ETFs for diversifying MainStay CBRE Global Infrastructure Megatrends Fund (MEGI)
The least correlated asset to MainStay CBRE Global Infrastructure Megatrends Fund (MEGI) is ETF JHDG (WISDOMTREE JAPAN HEDGED QUALITY DIVIDEND GROWTH FUND NA). The correlation is -1.
Stocks that lowly correlated with MEGI
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| LMNX | Luminex Corp | $620M | N/A | N/A | -0.74 |
| FIGXU | FIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War) | $35M | Financial Services | Shell Companies | -0.67 |
| OTF | Blue Owl Technology Finance Corp | $4.94B | Financial Services | Asset Management | -0.59 |
| LION | Lionsgate Studios Corp - New | $3.99B | Financial Services | Shell Companies | -0.57 |
| VCKAU | Scilex Holding Company - Units (1 Ord & 1/2 War) | $37M | N/A | N/A | -0.55 |
| DXYZ | Destiny Tech100 Inc | $629M | Financial Services | Asset Management | -0.54 |
| CHACU | Crane Harbor Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $72M | Financial Services | Shell Companies | -0.53 |
| RAL | Ralliant Corporation | $6.99B | N/A | N/A | -0.52 |
| NTWOU | Newbury Street II Acquisition Corp - Units (1 Ord Cls A & 1/2 War) | $183M | Financial Services | Shell Companies | -0.51 |
| JCAP | Jefferson Capital Inc | $950M | Financial Services | Credit Services | -0.50 |
| SMXT | SolarMax Technology Inc | $31M | Technology | Solar | -0.50 |
| ASPC | Alpha Capital Acquisition Co - Class A | $17M | Financial Services | Shell Companies | -0.49 |
| APUS | Apimeds Pharmaceuticals US Inc | $1.82M | Healthcare | Drug Manufacturers - Specialty & Generic | -0.48 |
| AKUS | Akouos Inc | $490M | N/A | N/A | -0.47 |
| CHYM | Chime Financial Inc - Class A | $6.59B | Technology | Software - Application | -0.47 |
| HCHL | Happy City Holdings Ltd - Class A | $59M | Consumer Cyclical | Restaurants | -0.46 |
| RHLD | Resolute Holdings Management Inc | $948M | Industrials | Specialty Business Services | -0.46 |
| GORV | Lazydays Holdings Inc | $1.58M | Consumer Cyclical | Auto & Truck Dealerships | -0.46 |
| UMAC | Unusual Machines Inc | $900M | Technology | Computer Hardware | -0.45 |
| PLMKU | Plum Acquisition Corp IV - Units (1 Ord cls A & 1/2 Warr) | $54M | Financial Services | Shell Companies | -0.42 |
| FLAC | Frazier Lifesciences Acquisition Corp - Class A | $175M | N/A | N/A | -0.42 |
| HBNB | Hotel101 Global Holdings Corp | $1.36B | Real Estate | Real Estate Services | -0.42 |
| HPAI | Helport AI Ltd | $33M | Technology | Software - Infrastructure | -0.42 |
| VCXA | 10X Capital Venture Acquisition Corp II - Class A | $86M | N/A | N/A | -0.41 |
| HTLM | HomesToLife Ltd | $157M | Consumer Cyclical | Specialty Retail | -0.41 |
| MDCX | Medicus Pharma Ltd. Common Stock | $12M | N/A | N/A | -0.41 |
| NYAX | Nayax Ltd | $3.09B | Technology | Software - Infrastructure | -0.39 |
| KBDC | Kayne Anderson BDC Inc | $986M | Financial Services | Asset Management | -0.39 |
| CMND | Clearmind Medicine Inc | $2.88M | Healthcare | Biotechnology | -0.37 |
| IOTR | iOThree Ltd | $5.23M | Communication Services | Telecom Services | -0.37 |
| BODI | The Beachbody Company Inc Class A | $70M | Communication Services | Internet Content & Information | -0.37 |
| TTAN | ServiceTitan Inc - Class A | $5.85B | Technology | Software - Application | -0.37 |