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24 Stocks and 76 ETFs for diversifying Magic Empire Global (MEGL)

The least correlated asset to Magic Empire Global (MEGL) is ETF XCOM (Ultra Communication Services Select Sector ETF). The correlation is -1.

Stocks that lowly correlated with MEGL

SymbolName
Market cap
SectorIndustry
Correlation
SOLEmeren Group Ltd American Depositary Shares, each representing 10 shares$100MTechnologySolar-0.92
JCICUJack Creek Investment Corp - Units (1 Ord Share Class A & 1/2 War)$432MN/AN/A-0.71
NOACUNatural Order Acquisition Corp - Units (1 Ord & 1 War)$289MN/AN/A-0.62
AOMDAngel Oak Mortgage REIT Inc$622MN/AN/A-0.61
WSBKWinchester Bancorp Inc$121MFinancial ServicesBanks - Regional-0.59
GIFTRDE Inc$29MCommunication ServicesInternet Content & Information-0.59
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.59
NYAXNayax Ltd$2.63BTechnologySoftware - Infrastructure-0.55
VBIXViewBix Inc$49MCommunication ServicesInternet Content & Information-0.55
CHPGChampionsGate Acquisition Corp - Class A$78MFinancial ServicesShell Companies-0.53
COEPCoeptis Therapeutics Holdings Inc. Common Stock$22MHealthcareBiotechnology-0.53
NAACUNorth Atlantic Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$482MN/AN/A-0.52
CPSRGelesis Holdings Inc - Class A$1.87BN/AN/A-0.51
GSHRGesher Acquisition Corp II - Class A$157MFinancial ServicesShell Companies-0.50
AKUSAkouos Inc$490MN/AN/A-0.50
CRAQCal Redwood Acquisition Corp$320MFinancial ServicesShell Companies-0.49
WYTCWytec International Inc$14MCommunications EquipmentInformation Technology-0.49
INACUIndigo Acquisition Corp - Units (1 Ord Shs & 1 Rts)$34MFinancial ServicesShell Companies-0.47
TWODTwo Harbors Investment Corp$2.67BN/AN/A-0.47
RNERUMount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt)$125MN/AN/A-0.45
GLIBKGCI Liberty Inc$877MCommunication ServicesTelecom Services-0.42
TACHTitan Acquisition Corp - Class A$288MFinancial ServicesShell Companies-0.42
LSBKLake Shore Bancorp Inc$134MFinancial ServicesBanks - Regional-0.41
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.41

ETFs that lowly correlated with MEGL

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
XCOMUltra Communication Services Select Sector ETF$384KN/AJun 2, 2026-1.00
GLDNNICHOLAS GOLD INCOME ETF $2.50M1.07%Feb 17, 2026-0.92
GXPSGLOBAL X PURECAP MSCI CONSUMER STAPLES ETF $59M0.15%Jul 22, 2025-0.71
RIFRRUSSELL INVESTMENTS GLOBAL INFRASTRUCTURE ETF $43M0.59%May 13, 2025-0.69
BILTiShares Infrastructure Active ETF$32M0.60%Jul 29, 2025-0.68
FPASFPA SHORT DURATION GOVERNMENT ETF $9.90M0.10%Oct 31, 2024-0.66
DVXPWEBs Defined Volatility XLP ETF$251K0.89%Jul 22, 2025-0.65
PALDDirexion Daily PANW Bear 1X Shares$1.80M1.02%Feb 10, 2025-0.65
XLSISTATE STREET(R) CONSUMER STAPLES SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $4.70M0.35%Jul 29, 2025-0.62
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.60
LDDRStone Ridge 2035 Term Income ETF$42M0.25%Jan 3, 2025-0.60
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.57
SPTBSTATE STREET(R) SPDR(R) PORTFOLIO TREASURY ETF $286M0.03%May 20, 2024-0.56
MLDRGLOBAL X INTERMEDIATE-TERM TREASURY LADDER ETF $8.80M0.12%Sep 9, 2024-0.56
BRKUDIREXION DAILY BRKB BULL 2X SHARES $45MN/ADec 10, 2024-0.55
IBTPISHARES IBONDS DEC 2034 TERM TREASURY ETF $277M0.07%Jun 11, 2024-0.55
LFAILifeX 2050 Longevity Income ETF$4.50M0.25%Jan 8, 2024-0.54
LFAOLifeX 2055 Longevity Income ETF$5M0.25%Jan 8, 2024-0.54
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.53
LDRTISHARES IBONDS 1-5 YEAR TREASURY LADDER ETF $132M0.07%Nov 7, 2024-0.53
LFAWLifeX 2060 Longevity Income ETF$3.80M0.25%Jan 8, 2024-0.52
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.52
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.52
BLUIBLUEMONTE DIVERSIFIED INCOME ETF $105M0.75%Jun 20, 2025-0.52
IBIKISHARES IBONDS OCT 2034 TERM TIPS ETF $88M0.10%May 22, 2024-0.52
LLDRGLOBAL X LONG-TERM TREASURY LADDER ETF $37M0.12%Sep 9, 2024-0.52
PMBSPIMCO Mortgage-Backed Securities Active Exchange-Traded Fund$1.40B0.71%Jul 31, 1997-0.51
ORRMILITIA LONG/SHORT EQUITY ETF $351M10.91%Jan 14, 2025-0.51
MBSXREGAN FIXED RATE MBS ETF $17M0.40%Apr 30, 2025-0.51
PANGLEVERAGE SHARES 2X LONG PANW DAILY ETF $8.90MN/AMar 20, 2025-0.51
DIVNHORIZON DIVIDEND INCOME ETF $191M0.70%Jun 25, 2025-0.51
CONIGRANITESHARES 2X SHORT COIN DAILY ETF $16MN/ASep 4, 2024-0.51
IBGAISHARES IBONDS DEC 2044 TERM TREASURY ETF $101M0.07%Jun 11, 2024-0.50
SECRNYLI MACKAY SECURITIZED INCOME ETF $165M0.28%May 30, 2024-0.50
IBGKISHARES IBONDS DEC 2054 TERM TREASURY ETF $5.80M0.07%Jun 11, 2024-0.50
TLTPAMPLIFY TLT U.S. TREASURY 12% OPTION INCOME ETF $22M0.39%Oct 28, 2024-0.50
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.50
GENTGENTER CAPITAL TAXABLE QUALITY INTERMEDIATE ETF $98M0.38%May 21, 2024-0.50
ETHDProShares UltraShort Ether ETF$86MN/AJun 6, 2024-0.49
AFIXALLSPRING BROAD MARKET CORE BOND ETF $218M0.20%Dec 4, 2024-0.49
SMBSSCHWAB MORTGAGE-BACKED SECURITIES ETF $6.50B0.03%Nov 18, 2024-0.49
EDGF3EDGE DYNAMIC FIXED INCOME ETF $479M0.79%Oct 2, 2024-0.49
USINWISDOMTREE 7-10 YEAR LADDERED TREASURY FUND $5M0.15%Mar 12, 2024-0.48
CAFXCONGRESS INTERMEDIATE BOND ETF $325M0.35%Sep 9, 2024-0.47
AGGSHARBOR DISCIPLINED BOND ETF $39M0.35%May 1, 2024-0.47
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $35M1.05%Jul 9, 2024-0.47
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.46
BOXAALPHA ARCHITECT AGGREGATE BOND ETF $15M0.23%Dec 17, 2024-0.46
LFDRStone Ridge Durable Income ETF$860K0.25%Jan 9, 2024-0.45
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.45
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.45
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.44
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $13MN/AMar 31, 2025-0.44
OTGLOTG LATIN AMERICA ETF $28M0.95%May 7, 2019-0.44
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.44
LIAELifeX 2050 Inflation-Protected Longevity Income ETF$3.40M0.25%Jan 17, 2024-0.44
LIAMLifeX 2055 Inflation-Protected Longevity Income ETF$6.90M0.25%Jan 17, 2024-0.44
MYCHSPDR SSGA MY2028 CORPORATE BOND ETF $636M0.15%Sep 23, 2024-0.43
MYCISPDR SSGA MY2029 CORPORATE BOND ETF $35M0.15%Sep 23, 2024-0.43
RTRERAREVIEW TOTAL RETURN BOND ETF $57M0.70%May 31, 2024-0.43
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $16M1.03%Feb 11, 2025-0.43
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.42
RSBARETURN STACKED(R) BONDS & MERGER ARBITRAGE ETF $50M1.01%Dec 17, 2024-0.42
XOMXDirexion Daily XOM Bull 2X Shares$7.80MN/AApr 22, 2025-0.42
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.42
IAUINEOS GOLD HIGH INCOME ETF $448M0.79%Jun 4, 2025-0.42
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.41
MYCJSPDR SSGA My2030 Corporate Bond ETF$43M0.15%Sep 23, 2024-0.41
BTCZT-REX 2X INVERSE BITCOIN DAILY TARGET ETF $30MN/AJul 9, 2024-0.41
LIAULifeX 2060 Inflation-Protected Longevity Income ETF$4.60M0.25%Jan 17, 2024-0.41
BAMBBrookstone Intermediate Bond ETF$59M1.03%Sep 26, 2023-0.41
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.41
IGCBTCW Corporate Bond ETF$42M0.35%Jun 29, 2018-0.41
JABSJANUS HENDERSON ASSET-BACKED SECURITIES ETF $135M0.33%Jul 22, 2025-0.41
APLUALLSPRING CORE PLUS ETF $425M0.31%Dec 4, 2024-0.41
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.40