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25 Stocks and 75 ETFs for diversifying Manulife Financial (MFC)

The least correlated asset to Manulife Financial (MFC) is ETF SEF (ProShares Short Financials -1x Shares). The correlation is -0.8121.

Stocks that lowly correlated with MFC

SymbolName
Market cap
SectorIndustry
Correlation
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.64
CRCLCircle Internet Group Inc - Class A$16BFinancial ServicesCapital Markets-0.62
FMFCKandal M Venture Ltd - Class A$4.71MConsumer CyclicalFootwear & Accessories-0.60
GTERUGloba Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts)$53MFinancial ServicesShell Companies-0.55
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.52
VNMEUVendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War)$52MFinancial ServicesShell Companies-0.51
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.49
IBACIB Acquisition Corp$46MFinancial ServicesShell Companies-0.47
MOBXMobix Labs Inc - Class A$20MTechnologySemiconductors-0.46
MCGAUYorkville Acquisition Corp - Units (1 Ord Cls A & 1/3 War)$52MFinancial ServicesShell Companies-0.45
CHARRCharlton Aria Acquisition Corporation Rights$206KN/AN/A-0.45
PROPPrairie Operating Co. Common Stock$60MEnergyOil & Gas E&p-0.45
EQVEQV Ventures Acquisition Corp.$466MFinancial ServicesShell Companies-0.44
CURXCuranex Pharmaceuticals Inc$6.11MHealthcareBiotechnology-0.44
CCVChurchill Capital Corp V - Class A$284MN/AN/A-0.42
KGKING PHARMACEUTICALS INC$77MFinancial ServicesInsurance - Reinsurance-0.41
FLACFrazier Lifesciences Acquisition Corp - Class A$175MN/AN/A-0.41
VCKAUScilex Holding Company - Units (1 Ord & 1/2 War)$37MN/AN/A-0.40
WXMWF International Ltd$3.63MIndustrialsIndustrial Distribution-0.40
NCINeo Concept International Group Holdings Ltd$48MConsumer CyclicalApparel Manufacturing-0.40
EONRHNR Acquisition Corp$21MEnergyOil & Gas E&p-0.39
UBXGU-BX Technology Ltd$6.42MCommunication ServicesAdvertising Agencies-0.39
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.39
CCIIWCohen Circle Acquisition Corp II - Warrants(01/07/2030)$3.81MN/AN/A-0.38
ACFNN/A$45MTechnologyScientific & Technical Instruments-0.38

ETFs that lowly correlated with MFC

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.81
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.79
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.78
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.75
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.75
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.75
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.75
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.74
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.74
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.74
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.73
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.73
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.73
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.73
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.73
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.73
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.72
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.71
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.71
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.71
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.71
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.70
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.69
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.68
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.68
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.68
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.68
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.67
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.66
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.66
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.65
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.62
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.62
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.62
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.61
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.61
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.61
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.58
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.58
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.57
HFSPTRADERSAI LARGE CAP EQUITY & CASH ETF $705K1.25%Oct 22, 2024-0.57
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.56
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.56
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.56
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.55
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.54
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.53
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.50
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.50
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.50
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.48
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.47
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$895MN/ANov 24, 2008-0.46
WTIDBank of Montreal$18MN/AFeb 16, 2023-0.45
GXPEGLOBAL X PURECAP MSCI ENERGY ETF $1.20M0.15%Jul 22, 2025-0.45
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.44
SOFRAmplify Samsung SOFR ETF$445M0.20%Nov 14, 2023-0.44
OILDBank of Montreal$53MN/ANov 8, 2021-0.44
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.44
LCDLGRANITESHARES 2X LONG LCID DAILY ETF N/AN/AApr 21, 2025-0.44
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.43
MMKTTEXAS CAPITAL GOVERNMENT MONEY MARKET ETF $73M0.20%Sep 24, 2024-0.43
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.42
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3.20MN/AJun 16, 2009-0.41
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.41
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.41
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.40
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.40
XLEISTATE STREET(R) ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF$40M0.35%Jul 29, 2025-0.40
RSBYRETURN STACKED(R) BONDS & FUTURES YIELD ETF $64M1.01%Aug 20, 2024-0.39
MYCFSPDR SSGA MY2026 CORPORATE BOND ETF $48M0.15%Sep 23, 2024-0.39
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.39
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.39
USEUSCF ENERGY COMMODITY STRATEGY ABSOLUTE RETURN FUND $2.60M0.79%May 3, 2023-0.39
USNGAMPLIFY SAMSUNG U.S. NATURAL GAS INFRASTRUCTURE ETF $7.40M0.59%May 19, 2025-0.38