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18 Stocks and 82 ETFs for diversifying Mastec (MTZ)

The least correlated asset to Mastec (MTZ) is ETF MSDD (GRANITESHARES 2X SHORT MSTR DAILY ETF). The correlation is -0.7629.

Stocks that lowly correlated with MTZ

SymbolName
Market cap
SectorIndustry
Correlation
FIGXUFIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$35MFinancial ServicesShell Companies-0.73
SDHIRSiddhi Acquisition Corp$1.38MN/AN/A-0.72
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.66
TACHTitan Acquisition Corp - Class A$286MFinancial ServicesShell Companies-0.62
JCAPJefferson Capital Inc$950MFinancial ServicesCredit Services-0.61
DGNXDiginex Ltd$31MIndustrialsConsulting Services-0.56
CHARRCharlton Aria Acquisition Corporation Rights$226KN/AN/A-0.49
WGRXWellgistics Health Inc$7.55MHealthcarePharmaceutical Retailers-0.49
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.47
CHACUCrane Harbor Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$72MFinancial ServicesShell Companies-0.45
FVNNRFuture Vision II Acquisition Corporation Right$198KN/AN/A-0.45
AFJKRAimei Health Technology Co Ltd$617KN/AN/A-0.44
VCKAUScilex Holding Company - Units (1 Ord & 1/2 War)$37MN/AN/A-0.44
PVLAPalvella Therapeutics Inc$1.66BHealthcareBiotechnology-0.43
FRBNUForbion European Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$316MN/AN/A-0.43
ZSPCZspace Inc$2.96MTechnologyComputer Hardware-0.42
GSHRGesher Acquisition Corp II - Class A$155MFinancial ServicesShell Companies-0.42
HBNBHotel101 Global Holdings Corp$1.36BReal EstateReal Estate Services-0.41

ETFs that lowly correlated with MTZ

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
MSDDGRANITESHARES 2X SHORT MSTR DAILY ETF $1MN/AJun 9, 2025-0.76
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.73
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.69
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.68
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.68
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.67
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.67
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.67
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.66
FPASFPA SHORT DURATION GOVERNMENT ETF $6.90M0.10%Oct 31, 2024-0.64
BRKUDIREXION DAILY BRKB BULL 2X SHARES $58MN/ADec 10, 2024-0.64
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.64
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.63
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.62
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.60
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.60
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.59
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $4.80MN/AMar 31, 2025-0.58
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.58
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.57
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.57
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.56
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.56
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $9.80M1.05%Jul 23, 2024-0.56
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $14M1.11%Aug 14, 2024-0.56
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.56
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.55
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.55
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.55
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.54
RTXGLeverage Shares 2X Long RTX Daily ETF$4MN/AJun 5, 2025-0.53
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.53
LFBEStone Ridge 2065 Longevity Income ETF$3.20M0.25%Jan 3, 2025-0.53
WNTRYieldMax Short MSTR Option Income Strategy ETF$72M1.00%Mar 26, 2025-0.52
MLDRGLOBAL X INTERMEDIATE-TERM TREASURY LADDER ETF $9.30M0.12%Sep 9, 2024-0.51
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.51
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.51
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.50
LFDRStone Ridge Durable Income ETF$855K0.25%Jan 9, 2024-0.50
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.50
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.50
SLDRGLOBAL X SHORT-TERM TREASURY LADDER ETF $40M0.12%Sep 9, 2024-0.49
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.49
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.49
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.49
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.48
SPTBSPDR PORTFOLIO TREASURY ETF $187M0.03%May 20, 2024-0.47
AVSDIREXION DAILY AVGO BEAR 1X SHARES $6.90M1.03%Oct 9, 2024-0.47
RSBARETURN STACKED(R) BONDS & MERGER ARBITRAGE ETF $53M1.01%Dec 17, 2024-0.47
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.47
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.47
LFAILifeX 2050 Longevity Income ETF$4.50M0.25%Jan 8, 2024-0.47
GENTGENTER CAPITAL TAXABLE QUALITY INTERMEDIATE ETF $92M0.38%May 21, 2024-0.47
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.46
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.46
METDDIREXION DAILY META BEAR 1X SHARES $8.60M1.02%Jun 5, 2024-0.46
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.46
EDGF3EDGE DYNAMIC FIXED INCOME ETF $506M0.79%Oct 2, 2024-0.46
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.20MN/AMay 15, 2024-0.46
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.46
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.45
LFAOLifeX 2055 Longevity Income ETF$4.30M0.25%Jan 8, 2024-0.45
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.45
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $39M1.05%Jul 9, 2024-0.45
IBTPISHARES IBONDS DEC 2034 TERM TREASURY ETF $267M0.07%Jun 11, 2024-0.45
USSHWISDOMTREE 1-3 YEAR LADDERED TREASURY FUND $23M0.15%Mar 12, 2024-0.45
DEFRAPTUS DEFERRED INCOME ETF$116M0.79%May 13, 2025-0.45
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $40MN/ANov 6, 2008-0.44
CONIGRANITESHARES 2X SHORT COIN DAILY ETF $17MN/ASep 4, 2024-0.44
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $23M0.50%Mar 6, 2024-0.44
SMBSSCHWAB MORTGAGE-BACKED SECURITIES ETF $6.30B0.03%Nov 18, 2024-0.44
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.44
SECRNYLI MACKAY SECURITIZED INCOME ETF $160M0.28%May 30, 2024-0.44
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.44
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $75MN/AAug 21, 2023-0.44
ETHDProShares UltraShort Ether ETF$84MN/AJun 6, 2024-0.44
SETHProShares Short Ether ETF$16M0.95%Nov 1, 2023-0.43
LFAWLifeX 2060 Longevity Income ETF$3.40M0.25%Jan 8, 2024-0.43
NVDSTradr 1.5X Short NVDA Daily ETF$23MN/AJul 13, 2022-0.43
LLDRGLOBAL X LONG-TERM TREASURY LADDER ETF $35M0.12%Sep 9, 2024-0.42
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.42
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.42