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16 Stocks and 84 ETFs for diversifying NXG NextGen Infrastructure Income Fund (NXG)

The least correlated asset to NXG NextGen Infrastructure Income Fund (NXG) is ETF MYY (PROSHARES SHORT MIDCAP400). The correlation is -0.7544.

Stocks that lowly correlated with NXG

SymbolName
Market cap
SectorIndustry
Correlation
CAICaris Life Sciences Inc - Class A$4.35BHealthcareBiotechnology-0.67
JBSJBS N.V. - Class A$14BConsumer DefensivePackaged Foods-0.59
JCAPJefferson Capital Inc$950MFinancial ServicesCredit Services-0.59
IOTRiOThree Ltd$5.23MCommunication ServicesTelecom Services-0.58
MENSJyong Biotech Ltd$164MHealthcareBiotechnology-0.58
LGPSLogProstyle Inc$16MIndustrialsConglomerates-0.57
WGRXWellgistics Health Inc$7.55MHealthcarePharmaceutical Retailers-0.57
PROPPrairie Operating Co. Common Stock$81MEnergyOil & Gas E&p-0.49
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.48
NAMIJinxin Technology Holding Company$34MCommunication ServicesInternet Content & Information-0.47
ICUSeaStar Medical Holding Corp$14MHealthcareBiotechnology-0.44
PCPremium Catering (Holdings) Ltd$30MIndustrialsSpecialty Business Services-0.43
NEE-P-UNextEra Energy Inc Series U Junior Subordinated Debentures due June 1 2085$53BN/AN/A-0.43
FRBNUForbion European Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$316MN/AN/A-0.43
PMNTPerfect Moment Ltd$7.77MConsumer CyclicalApparel Manufacturing-0.42
BULLWebull Corporation$2.47BTechnologySoftware - Application-0.42

ETFs that lowly correlated with NXG

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.75
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.75
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.75
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.75
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.75
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.74
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.74
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.73
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.73
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.72
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.71
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.71
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.70
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.70
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.69
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.69
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.68
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.68
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.68
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.67
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.67
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.67
OILDBank of Montreal$19MN/ANov 8, 2021-0.66
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.66
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $40MN/ANov 6, 2008-0.66
SLDRGLOBAL X SHORT-TERM TREASURY LADDER ETF $40M0.12%Sep 9, 2024-0.66
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.66
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.65
WTIDBank of Montreal$6.60MN/AFeb 16, 2023-0.65
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.65
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.65
MLDRGLOBAL X INTERMEDIATE-TERM TREASURY LADDER ETF $9.30M0.12%Sep 9, 2024-0.64
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$1.10BN/ANov 24, 2008-0.64
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.63
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.63
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.63
USSHWISDOMTREE 1-3 YEAR LADDERED TREASURY FUND $23M0.15%Mar 12, 2024-0.61
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.60
FPASFPA SHORT DURATION GOVERNMENT ETF $6.90M0.10%Oct 31, 2024-0.60
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.60
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.59
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.58
TRSYXtrackers US 0-1 Year Treasury ETF$74M0.06%Oct 8, 2024-0.57
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.57
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.57
CAFXCONGRESS INTERMEDIATE BOND ETF $325M0.35%Sep 9, 2024-0.57
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.56
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.55
VGMSVanguard MultiSector Income Bond ETF$215M0.30%Jun 9, 2025-0.55
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.54
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.54
IBTPISHARES IBONDS DEC 2034 TERM TREASURY ETF $267M0.07%Jun 11, 2024-0.53
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.53
USINWISDOMTREE 7-10 YEAR LADDERED TREASURY FUND $4.50M0.15%Mar 12, 2024-0.53
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.52
SPTBSPDR PORTFOLIO TREASURY ETF $187M0.03%May 20, 2024-0.52
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.51
EDGF3EDGE DYNAMIC FIXED INCOME ETF $506M0.79%Oct 2, 2024-0.50
GENTGENTER CAPITAL TAXABLE QUALITY INTERMEDIATE ETF $92M0.38%May 21, 2024-0.50
LFAILifeX 2050 Longevity Income ETF$4.50M0.25%Jan 8, 2024-0.50
MYCHSPDR SSGA My2028 Corporate Bond ETF$418M0.15%Sep 23, 2024-0.49
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.49
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.49
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.49
CSCSDirexion Daily CSCO Bear 1X ETF$1.80M1.00%Jun 24, 2025-0.48
LFAOLifeX 2055 Longevity Income ETF$4.30M0.25%Jan 8, 2024-0.48
MYCGSPDR SSGA My2027 Corporate Bond ETF$30M0.15%Sep 23, 2024-0.48
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $9.80M1.05%Jul 23, 2024-0.47
BSJXInvesco BulletShares 2033 High Yield Corporate Bond ETF$10M0.42%Jun 11, 2025-0.47
HBDCHilton BDC Corporate Bond ETF$86M0.39%Jun 10, 2025-0.46
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $4.80MN/AMar 31, 2025-0.46
KMLIKraneShares 2x Long MELI Daily ETF$6.50MN/AApr 4, 2025-0.46
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.46
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.46
OWNSCCM Affordable Housing MBS ETF$102M0.30%Jul 27, 2021-0.46
LFAWLifeX 2060 Longevity Income ETF$3.40M0.25%Jan 8, 2024-0.45
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.45
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.44
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.44
PMBSPIMCO Mortgage-Backed Securities Active Exchange-Traded Fund$1.30B0.71%Jul 31, 1997-0.44
BSCZInvesco BulletShares 2035 Corporate Bond ETF$234M0.10%Jun 11, 2025-0.44
LLDRGLOBAL X LONG-TERM TREASURY LADDER ETF $35M0.12%Sep 9, 2024-0.44
MYCISPDR SSGA My2029 Corporate Bond ETF$35M0.15%Sep 23, 2024-0.43
SECRNYLI MACKAY SECURITIZED INCOME ETF $160M0.28%May 30, 2024-0.41