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31 Stocks and 69 ETFs for diversifying MAGX (ROUNDHILL DAILY 2X LONG MAGNIFICENT SEVEN ETF)

The least correlated asset to MAGX (ROUNDHILL DAILY 2X LONG MAGNIFICENT SEVEN ETF) is company U.S. Xpress Enterprises (USX). The correlation is -1.

Stocks that lowly correlated with MAGX

SymbolName
Market cap
SectorIndustry
Correlation
USXU.S. Xpress Enterprises Inc - Class A$332MIndustrialsTrucking-1.00
PARAPParamount Global Conv Pfd$8.99BN/AN/A-1.00
DHCADHC Acquisition Corp - Class A$16MN/AN/A-1.00
ADOCRAustralian Oilseeds Holdings Ltd$985KN/AN/A-1.00
GSRMBitcoin Depot Inc - Class A$54MN/AN/A-0.98
PLMIPlum Acquisition Corp I - Class A$192MN/AN/A-0.80
EDConsolidated Edison Inc$40BUtilitiesUtilities - Regulated Electric-0.74
PIRSPieris Pharmaceuticals Inc$24MN/AN/A-0.69
ITIIteris Inc$316MN/AN/A-0.68
SMTKSmartKem, Inc. Common Stock$4.23MTechnologySemiconductor Equipment & Materials-0.64
EXCExelon Corp$47BUtilitiesUtilities - Regulated Electric-0.63
VSTAVasta Platform Ltd Class A$394MConsumer DefensiveEducation & Training Services-0.59
SLGCSomaLogic Inc - Class A$393MHealthcareHealth Information Services-0.55
DMDesktop Metal Inc - Class A$165MN/AN/A-0.54
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.54
WSBKWinchester Bancorp Inc$121MFinancial ServicesBanks - Regional-0.53
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.53
TFIN-PTriumph Financial Inc Depositary Shares Series C$531MFinancial ServicesBanks - Regional-0.52
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.52
CMSCMS Energy Corporation$23BUtilitiesUtilities - Regulated Electric-0.51
PRAProAssurance Corporation$1.29BFinancial ServicesInsurance - Property & Casualty-0.50
CPSRGelesis Holdings Inc - Class A$1.87BN/AN/A-0.49
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.49
CRVOCervoMed Inc$28MHealthcareBiotechnology-0.49
NAMMNamib Minerals.$87MBasic MaterialsGold-0.47
RVNCRevance Therapeutics Inc$380MHealthcareBiotechnology-0.46
NOCNorthrop Grumman Corp$75BIndustrialsAerospace & Defense-0.46
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.46
AWKAmerican Water Works Co. Inc$25BUtilitiesUtilities - Regulated Water-0.46
DTEDTE Energy Company$31BUtilitiesUtilities - Regulated Electric-0.45
DUKDuke Energy Corp$97BUtilitiesUtilities - Regulated Electric-0.45

ETFs that lowly correlated with MAGX

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.99
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.87
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.86
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.86
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.86
FIYYGRANITESHARES YIELDBOOST 20Y+ TREASURIES ETF $732K1.07%May 4, 2026-0.85
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.83
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.82
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.79
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.78
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.77
MSFDDIREXION DAILY MSFT BEAR 1X SHARES $11M1.02%Sep 6, 2022-0.77
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $16M1.05%May 1, 2024-0.76
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.76
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.76
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $10M1.02%Sep 6, 2022-0.76
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.75
TSLSDirexion Daily TSLA Bear 1X Shares$66M0.95%Aug 8, 2022-0.72
GGLSDirexion Daily GOOGL Bear 1X ETF$13M1.02%Sep 6, 2022-0.72
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.71
ETHDProShares UltraShort Ether ETF$86MN/AJun 6, 2024-0.71
TSLQTradr 2X Short TSLA Daily ETF$114MN/AJul 13, 2022-0.70
TSDDGRANITESHARES 2X SHORT TSLA DAILY ETF $39MN/AAug 21, 2023-0.70
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.70
TSLZT-REX 2X INVERSE TESLA DAILY TARGET ETF $31MN/AOct 18, 2023-0.70
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.69
SETHProShares Short Ether ETF$23M0.95%Nov 1, 2023-0.69
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.69
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.66
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.65
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $14M0.96%Aug 8, 2022-0.65
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $35M1.05%Jul 9, 2024-0.64
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.64
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.64
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.64
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.63
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.63
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.62
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.62
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.61
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.61
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.59
BTCZT-REX 2X INVERSE BITCOIN DAILY TARGET ETF $30MN/AJul 9, 2024-0.58
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $16M1.03%Feb 11, 2025-0.57
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $19M1.01%Sep 12, 2023-0.57
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.56
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $61MN/AAug 21, 2023-0.55
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.55
SBITProShares UltraShort Bitcoin ETF$219MN/AApr 1, 2024-0.55
NVDQT-REX 2X INVERSE NVIDIA DAILY TARGET ETF $22MN/AOct 18, 2023-0.55
CONIGRANITESHARES 2X SHORT COIN DAILY ETF $16MN/ASep 4, 2024-0.55
CCORCORE ALTERNATIVE ETF $27M1.29%May 23, 2017-0.54
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.53
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.53
QCMDDirexion Daily QCOM Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.52
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.52
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.51
CLIMCLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF $1.30M0.90%Mar 11, 2026-0.50
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.50
PANGLEVERAGE SHARES 2X LONG PANW DAILY ETF $8.90MN/AMar 20, 2025-0.50
SHRTGOTHAM SHORT STRATEGIES ETF $14M1.35%Jul 31, 2017-0.50
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.49
BITIProShares Short Bitcoin ETF$144M1.01%Jun 21, 2022-0.48
BRKUDIREXION DAILY BRKB BULL 2X SHARES $45MN/ADec 10, 2024-0.48
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.48
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.47
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.46
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.45
GXPEGLOBAL X PURECAP MSCI ENERGY ETF $1.20M0.15%Jul 22, 2025-0.45