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42 Stocks and 58 ETFs for diversifying MELI Kaszek Pioneer (MEKA)

The least correlated asset to MELI Kaszek Pioneer (MEKA) is ETF NTRL (First Trust Equity Market Neutral ETF). The correlation is -1.

Stocks that lowly correlated with MEKA

SymbolName
Market cap
SectorIndustry
Correlation
FORLFour Leaf Acquisition Corporation Class A Common Stock$47MN/AN/A-1.00
TBMCTrailblazer Merger Corp I - Class A$29MFinancial ServicesShell Companies-1.00
TBMCRTrailblazer Merger Corp I$5.05MN/AN/A-1.00
SUUNSolarBank Corporation$47MUtilitiesUtilities - Renewable-1.00
SDASunCar Technology Group Inc - Class A$80MConsumer CyclicalAuto & Truck Dealerships-1.00
OAKUROak Woods Acquisition Corp$321KN/AN/A-1.00
OAKUOak Woods Acquisition Corp - Class A$44MFinancial ServicesShell Companies-1.00
IPXXUUSA Rare Earth Inc - Units (1 Ord Class A & 1/2 Warr)$66MN/AN/A-1.00
ALL-P-JAllstate Corp (The)$6.70BN/AN/A-1.00
ALCYUAlchemy Investments Acquisition Corp 1 - Unit (1 Ord Class A & 1/2 War)$68MFinancial ServicesShell Companies-1.00
GDTCCytoMed Therapeutics Ltd$11MHealthcareBiotechnology-1.00
TRNRInteractive Strength Inc$3.15MConsumer CyclicalPersonal Services-0.99
JYDJayud Global Logistics Ltd - Class A$1.63MIndustrialsIntegrated Freight & Logistics-0.96
TPETTrio Petroleum Corp$13MEnergyOil & Gas E&p-0.93
AESIAtlas Energy Solutions Inc$1.79BEnergyOil & Gas Equipment & Services-0.89
JXN-P-AJackson Financial Inc$1.80BN/AN/A-0.89
ISRLIsrael Acquisitions Corp - Class A$79MFinancial ServicesShell Companies-0.83
BANLCBL International Ltd$11MEnergyOil & Gas Midstream-0.81
TRILTrillium Therapeutics Inc$2.05BN/AN/A-0.78
ICGIntchains Group Ltd$53MTechnologySemiconductors-0.75
ISRLUIsrael Acquisitions Corp - Units (1 Ord Share Class A & 1 War)$24MFinancial ServicesShell Companies-0.74
ECXECARX Holdings Inc - Class A$417MConsumer CyclicalAuto Parts-0.71
MWGMulti Ways Holdings Ltd - Class A$5.10MIndustrialsRental & Leasing Services-0.68
NXTNextracker Inc - Class A$16BTechnologySolar-0.67
SYTSYLA Technologies Co Ltd$60MTechnologySoftware - Application-0.66
BHMBluerock Homes Trust Inc - Class A$35MReal EstateReit - Residential-0.62
MYNZMainz Biomed N.V.$12MHealthcareDiagnostics & Research-0.60
ARBBARB IOT Group Ltd$7.59MTechnologyInformation Technology Services-0.60
NENNew England Realty Associates LP$202MReal EstateReal Estate Services-0.59
VSTAVasta Platform Ltd Class A$394MConsumer DefensiveEducation & Training Services-0.59
BTIBritish American Tobacco Plc$129BConsumer DefensiveTobacco-0.58
THRDThird Harmonic Bio Inc$242MHealthcareBiotechnology-0.57
TANNITravelCenters of America Inc$368MN/AN/A-0.56
CAPSCapstone Holding Corp$2.58MBasic MaterialsBuilding Materials-0.56
AFRIForafric Global PLC$290MConsumer DefensiveFarm Products-0.56
RELIReliance Global Group Inc$8.82MFinancial ServicesInsurance Brokers-0.55
SKWDSkyward Specialty Insurance Group Inc$2.53BFinancial ServicesInsurance - Property & Casualty-0.54
HOVNPHovnanian Enterprises Inc$3.18BConsumer CyclicalHomebuilding & Construction Supplies-0.52
SOHOOSotherly Hotels Inc$86MReal EstateReit - Hotel & Motel-0.51
SOHONSotherly Hotels Inc$72MReal EstateReit - Hotel & Motel-0.51
AMCIAMC Robotics Corp$125MTechnologyComputer Hardware-0.50
HBANLHuntington Bancshares Inc$51BFinancial ServicesBanks - Regional-0.49

ETFs that lowly correlated with MEKA

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
NTRLFirst Trust Equity Market Neutral ETF$19M0.95%Feb 4, 2020-1.00
ZTAXX-Square Municipal Income Tax Free ETF$7.20M0.92%May 18, 2023-1.00
TOLLTEMA DURABLE QUALITY ETF $47M0.55%May 10, 2023-1.00
SMAYFT VEST U.S. SMALL CAP MODERATE BUFFER ETF - MAY $105M0.90%May 19, 2023-1.00
RSHOTEMA U.S. MANUFACTURING & RESHORING ETF $302M0.75%May 10, 2023-1.00
PEMXPutnam Emerging Markets ex-China ETF$34M0.69%May 17, 2023-1.00
NVDYYIELDMAX(R) NVDA OPTION INCOME STRATEGY ETF $1.40B1.09%May 10, 2023-1.00
MAYWALLIANZIM U.S. EQUITY BUFFER20 MAY ETF $448M0.74%Apr 28, 2023-1.00
MAYTALLIANZIM U.S. EQUITY BUFFER10 MAY ETF $236M0.74%Apr 28, 2023-1.00
IQRANYLI CBRE REAL ASSETS ETF $6.80M0.65%May 9, 2023-1.00
IBMRISHARES IBONDS DEC 2029 TERM MUNI BOND ETF $457M0.18%May 9, 2023-1.00
HYFIAB HIGH YIELD ETF $331M0.40%Jul 26, 2016-1.00
GMAYFT VEST U.S. EQUITY MODERATE BUFFER ETF - MAY $547M0.85%May 19, 2023-1.00
EMMGLOBAL X EMERGING MARKETS EX-CHINA ETF $61M0.66%Sep 24, 2010-1.00
EMCGLOBAL X EMERGING MARKETS GREAT CONSUMER ETF $66M0.65%Sep 24, 2010-1.00
ECMLEUCLIDEAN FUNDAMENTAL VALUE ETF $131M0.95%May 17, 2023-1.00
CMDTPIMCO COMMODITY STRATEGY ACTIVE EXCHANGE-TRADED FUND $751M0.65%May 9, 2023-1.00
CHATROUNDHILL GENERATIVE AI & TECHNOLOGY ETF $2.10B0.75%May 17, 2023-1.00
CAFGPACER US SMALL CAP CASH COWS GROWTH LEADERS ETF $27M0.59%May 1, 2023-1.00
BWETBreakwave Tanker Shipping ETF$17M3.50%May 1, 2023-1.00
BLCViShares Large Cap Value Active ETF$375M0.46%May 19, 2023-1.00
BINCBlackRock Flexible Income ETF$16B0.40%May 19, 2023-1.00
BDGSBRIDGES CAPITAL TACTICAL ETF $45M0.87%May 10, 2023-1.00
BBEMJPMORGAN BETABUILDERS EMERGING MARKETS EQUITY ETF $821M0.15%May 10, 2023-1.00
APUEACTIVEPASSIVE U.S. EQUITY ETF $2.50B0.31%May 2, 2023-1.00
APIEACTIVEPASSIVE INTERNATIONAL EQUITY ETF $1.10B0.45%May 2, 2023-1.00
GGMGGM MACRO ALIGNMENT ETF $23M0.94%Sep 25, 2023-1.00
DMBSDOUBLELINE MORTGAGE ETF $705M0.39%Mar 31, 2023-0.91
SEAU.S. GLOBAL SEA TO SKY CARGO ETF $18M0.60%Jan 19, 2022-0.91
CVSBCALVERT ULTRA-SHORT INVESTMENT GRADE ETF $213M0.24%Jan 30, 2023-0.87
BSMWInvesco BulletShares 2032 Municipal Bond ETF$208M0.18%Mar 1, 2023-0.82
LOWVAB US LOW VOLATILITY EQUITY ETF $200M0.39%Mar 21, 2023-0.74
MDLVMORGAN DEMPSEY LARGE CAP VALUE ETF $41M0.58%Apr 25, 2023-0.71
UTWYF/M US TREASURY 20 YEAR BOND ETF $8.50M0.15%Mar 27, 2023-0.69
NIKLSprott Nickel Miners ETF$54M0.75%Mar 21, 2023-0.68
CAOSALPHA ARCHITECT TAIL RISK ETF $705M0.63%Aug 14, 2013-0.67
USVNF/M US TREASURY 7 YEAR NOTE ETF $7.10M0.15%Mar 27, 2023-0.62
MARWALLIANZIM U.S. EQUITY BUFFER20 MAR ETF $87M0.74%Feb 28, 2023-0.58
VTESVANGUARD SHORT-TERM TAX-EXEMPT BOND ETF ETF SHARES$2.10B0.05%Mar 8, 2023-0.58
GFEBFT VEST U.S. EQUITY MODERATE BUFFER ETF - FEBRUARY $382M0.85%Feb 17, 2023-0.58
IVRSISHARES FUTURE METAVERSE TECH AND COMMUNICATIONS ETF $7.90M0.47%Feb 14, 2023-0.57
UFIVF/M US TREASURY 5 YEAR NOTE ETF $29M0.15%Mar 27, 2023-0.56
BBLBJPMORGAN BETABUILDERS U.S. TREASURY BOND 20+ YEAR ETF $32M0.04%Apr 19, 2023-0.56
BBIBJPMORGAN BETABUILDERS U.S. TREASURY BOND 3-10 YEAR ETF $55M0.04%Apr 19, 2023-0.55
MARTALLIANZIM U.S. EQUITY BUFFER10 MAR ETF $30M0.74%Feb 28, 2023-0.55
XBILF/M US TREASURY 6 MONTH BILL ETF $739M0.15%Mar 6, 2023-0.55
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.55
EGUSISHARES ESG AWARE MSCI USA GROWTH ETF $28M0.18%Jan 31, 2023-0.54
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.53
AVIEAVANTIS INFLATION FOCUSED EQUITY ETF $10M0.25%Sep 27, 2022-0.53
BOXXALPHA ARCHITECT 1-3 MONTH BOX ETF $13B0.19%Dec 27, 2022-0.53
FTBDFIDELITY TACTICAL BOND ETF $37M0.55%Jan 24, 2023-0.53
UTHYF/M US TREASURY 30 YEAR BOND ETF $153M0.15%Mar 27, 2023-0.52
UTREF/M US TREASURY 3 YEAR NOTE ETF $9.10M0.15%Mar 27, 2023-0.52
HIDEALPHA ARCHITECT HIGH INFLATION AND DEFLATION ETF $140M0.29%Nov 16, 2022-0.52
BITCBitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF$15M0.88%Mar 20, 2023-0.51
XMARFT VEST U.S. EQUITY ENHANCE & MODERATE BUFFER ETF - MARCH $155M0.85%Mar 17, 2023-0.51
MXEMexico Equity And Income Fund Inc$71MN/AN/A-0.50