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40 Stocks and 60 ETFs for diversifying MELI Kaszek Pioneer (MEKA)

The least correlated asset to MELI Kaszek Pioneer (MEKA) is ETF ZTAX (X-Square Municipal Income Tax Free 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$74MConsumer 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)$6.74BN/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$14MHealthcareBiotechnology-1.00
TRNRInteractive Strength Inc$1.54MConsumer CyclicalPersonal Services-0.99
JYDJayud Global Logistics Ltd - Class A$1.63MIndustrialsIntegrated Freight & Logistics-0.96
TPETTrio Petroleum Corp$3.76MEnergyOil & Gas E&p-0.93
AESIAtlas Energy Solutions Inc$2.27BEnergyOil & Gas Equipment & Services-0.89
JXN-P-AJackson Financial Inc$1.82BN/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$54MTechnologySemiconductors-0.75
ISRLUIsrael Acquisitions Corp - Units (1 Ord Share Class A & 1 War)$24MFinancial ServicesShell Companies-0.74
ECXECARX Holdings Inc - Class A$340MConsumer CyclicalAuto Parts-0.71
MWGMulti Ways Holdings Ltd - Class A$5.24MIndustrialsRental & Leasing Services-0.68
NXTNextracker Inc - Class A$20BTechnologySolar-0.67
SYTSYLA Technologies Co Ltd$60MTechnologySoftware - Application-0.66
BHMBluerock Homes Trust Inc - Class A$40MReal EstateReit - Residential-0.62
MYNZMainz Biomed N.V.$29MHealthcareDiagnostics & Research-0.60
ARBBARB IOT Group Ltd$8.88MTechnologyInformation Technology Services-0.60
NENNew England Realty Associates LP$209MReal EstateReal Estate Services-0.59
VSTAVasta Platform Ltd Class A$394MConsumer DefensiveEducation & Training Services-0.59
BTIBritish American Tobacco Plc$140BConsumer DefensiveTobacco-0.58
THRDThird Harmonic Bio Inc$242MHealthcareBiotechnology-0.57
TANNITravelCenters of America Inc$368MN/AN/A-0.56
CAPSCapstone Holding Corp$3.02MBasic MaterialsBuilding Materials-0.56
AFRIForafric Global PLC$270MConsumer DefensiveFarm Products-0.56
RELIReliance Global Group Inc$8.82MFinancial ServicesInsurance Brokers-0.55
SKWDSkyward Specialty Insurance Group Inc$2.04BFinancial 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

ETFs that lowly correlated with MEKA

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
ZTAXX-Square Municipal Income Tax Free ETF$4.50M0.92%May 18, 2023-1.00
TOLLTema Monopolies and Oligopolies ETF$49M0.55%May 10, 2023-1.00
SMAYFT VEST U.S. SMALL CAP MODERATE BUFFER ETF - MAY $88M0.90%May 19, 2023-1.00
RSHOTema American Reshoring ETF$263M0.75%May 10, 2023-1.00
PEMXPutnam Emerging Markets ex-China ETF$20M0.69%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 $70M0.74%Apr 28, 2023-1.00
MAYTALLIANZIM U.S. EQUITY BUFFER10 MAY ETF $17M0.74%Apr 28, 2023-1.00
IQRANYLI CBRE REAL ASSETS ETF $6.90M0.65%May 9, 2023-1.00
IBMRISHARES IBONDS DEC 2029 TERM MUNI BOND ETF $440M0.18%May 9, 2023-1.00
HYFIAB HIGH YIELD ETF $334M0.40%Jul 26, 2016-1.00
GMAYFT VEST U.S. EQUITY MODERATE BUFFER ETF - MAY $294M0.85%May 19, 2023-1.00
EMMGLOBAL X EMERGING MARKETS EX-CHINA ETF $58M0.66%Sep 24, 2010-1.00
EMCGLOBAL X EMERGING MARKETS GREAT CONSUMER ETF $61M0.65%Sep 24, 2010-1.00
ECMLEUCLIDEAN FUNDAMENTAL VALUE ETF $133M0.95%May 17, 2023-1.00
CMDTPIMCO COMMODITY STRATEGY ACTIVE EXCHANGE-TRADED FUND $802M0.65%May 9, 2023-1.00
CHATROUNDHILL GENERATIVE AI & TECHNOLOGY ETF $1.40B0.75%May 17, 2023-1.00
CAFGPACER US SMALL CAP CASH COWS GROWTH LEADERS ETF $23M0.59%May 1, 2023-1.00
BWETBreakwave Tanker Shipping ETF$38M3.50%May 1, 2023-1.00
BLCViShares Large Cap Value Active ETF$317M0.46%May 19, 2023-1.00
BINCBlackRock Flexible Income ETF$17B0.40%May 19, 2023-1.00
BDGSBRIDGES CAPITAL TACTICAL ETF $42M0.87%May 10, 2023-1.00
BBEMJPMORGAN BETABUILDERS EMERGING MARKETS EQUITY ETF $835M0.15%May 10, 2023-1.00
APUEACTIVEPASSIVE U.S. EQUITY ETF $2.40B0.31%May 2, 2023-1.00
APIEACTIVEPASSIVE INTERNATIONAL EQUITY ETF $1B0.45%May 2, 2023-1.00
GGMGGM MACRO ALIGNMENT ETF $18M0.94%Sep 25, 2023-1.00
DMBSDOUBLELINE MORTGAGE ETF $693M0.39%Mar 31, 2023-0.91
SEAU.S. GLOBAL SEA TO SKY CARGO ETF $19M0.60%Jan 19, 2022-0.91
CVSBCALVERT ULTRA-SHORT INVESTMENT GRADE ETF $194M0.24%Jan 30, 2023-0.87
BSMWInvesco BulletShares 2032 Municipal Bond ETF$197M0.18%Mar 1, 2023-0.82
LOWVAB US LOW VOLATILITY EQUITY ETF $199M0.39%Mar 21, 2023-0.74
MDLVMORGAN DEMPSEY LARGE CAP VALUE ETF $38M0.58%Apr 25, 2023-0.71
GMUNGOLDMAN SACHS COMMUNITY MUNICIPAL BOND ETF $10M0.08%Mar 7, 2023-0.69
UTWYF/M US TREASURY 20 YEAR BOND ETF $8.50M0.15%Mar 27, 2023-0.69
NIKLSprott Nickel Miners ETF$76M0.75%Mar 21, 2023-0.68
CAOSALPHA ARCHITECT TAIL RISK ETF $650M0.63%Aug 14, 2013-0.67
PULTPutnam ESG Ultra Short ETF$43M0.25%Jan 19, 2023-0.66
USVNF/M US TREASURY 7 YEAR NOTE ETF $7.70M0.15%Mar 27, 2023-0.62
MARWALLIANZIM U.S. EQUITY BUFFER20 MAR ETF $84M0.74%Feb 28, 2023-0.58
VTESVANGUARD SHORT-TERM TAX-EXEMPT BOND ETF ETF SHARES$1.90B0.05%Mar 8, 2023-0.58
GFEBFT VEST U.S. EQUITY MODERATE BUFFER ETF - FEBRUARY $379M0.85%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 $31M0.15%Mar 27, 2023-0.56
PCRBPutnam ESG Core Bond ETF$7M0.36%Jan 19, 2023-0.56
BBLBJPMORGAN BETABUILDERS U.S. TREASURY BOND 20+ YEAR ETF $33M0.04%Apr 19, 2023-0.56
PPEMPutnam PanAgora ESG Emerging Markets Equity ETF$7.40M0.60%Jan 19, 2023-0.55
BBIBJPMORGAN BETABUILDERS U.S. TREASURY BOND 3-10 YEAR ETF $26M0.04%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 $749M0.15%Mar 6, 2023-0.55
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.55
EGUSISHARES ESG AWARE MSCI USA GROWTH ETF $26M0.18%Jan 31, 2023-0.54
NVDSTradr 1.5X Short NVDA Daily ETF$23MN/AJul 13, 2022-0.53
AVIEAVANTIS INFLATION FOCUSED EQUITY ETF $8.90M0.25%Sep 27, 2022-0.53
BOXXALPHA ARCHITECT 1-3 MONTH BOX ETF $11B0.19%Dec 27, 2022-0.53
FTBDFIDELITY TACTICAL BOND ETF $37M0.55%Jan 24, 2023-0.53
UTHYF/M US TREASURY 30 YEAR BOND ETF $26M0.15%Mar 27, 2023-0.52
UTREF/M US TREASURY 3 YEAR NOTE ETF $12M0.15%Mar 27, 2023-0.52
HIDEALPHA ARCHITECT HIGH INFLATION AND DEFLATION ETF $115M0.29%Nov 16, 2022-0.52
BITCBitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF$16M0.88%Mar 20, 2023-0.51
XMARFT VEST U.S. EQUITY ENHANCE & MODERATE BUFFER ETF - MARCH $131M0.85%Mar 17, 2023-0.51