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45 Stocks and 55 ETFs for diversifying Alaska Air Group (ALK)

The least correlated asset to Alaska Air Group (ALK) is company CTW Cayman (CTW). The correlation is -0.7371.

Stocks that lowly correlated with ALK

SymbolName
Market cap
SectorIndustry
Correlation
CTWCTW Cayman - Class A$147MCommunication ServicesElectronic Gaming & Multimedia-0.74
SSEAUStarry Sea Acquisition Corp - Units (1 Ord Shs & 1/6 Rts)$19MFinancial ServicesShell Companies-0.68
INACRIndigo Acquisition Corp Right$448KN/AN/A-0.67
QUMSUQuantumsphere Acquisition Corp - Units (1 Ord Shs & 1 Rts)$33MFinancial ServicesShell Companies-0.63
LWACLightWave Acquisition Corp - Class A$221MFinancial ServicesShell Companies-0.60
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$18MFinancial ServicesShell Companies-0.59
KCHVKochav Defense Acquisition Corp - Class A$263MFinancial ServicesShell Companies-0.59
APUSApimeds Pharmaceuticals US Inc$8.51MHealthcareDrug Manufacturers - Specialty & Generic-0.57
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.57
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.57
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.56
EMPDEmpery Digital Inc$98MConsumer CyclicalAuto Manufacturers-0.54
CRCLCircle Internet Group Inc - Class A$16BFinancial ServicesCapital Markets-0.54
AAMAA Mission Acquisition Corp.$368MFinancial ServicesShell Companies-0.53
AIIAmerican Integrity Insurance Group Inc$358MFinancial ServicesInsurance - Property & Casualty-0.53
OFSSOOFS Capital Corp$341MN/AN/A-0.52
OBAOxley Bridge Acquisition Ltd - Class A$260MFinancial ServicesShell Companies-0.51
CHACUCrane Harbor Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$72MFinancial ServicesShell Companies-0.51
HMCOHumanCo Acquisition Corp - Class A$387MN/AN/A-0.50
TVAIRThayer Ventures Acquisition Corporation II Rights$166KN/AN/A-0.49
HONDHCM II Acquisition Corp. Class A Ordinary Shares$519MFinancial ServicesShell Companies-0.48
APADUA Paradise Acquisition Corp Unit$67MFinancial ServicesShell Companies-0.47
APADREnhanced Group Inc$6.67MN/AN/A-0.46
BMGLBasel Medical Group Ltd$9.61MHealthcareMedical Care Facilities-0.46
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.46
EQVEQV Ventures Acquisition Corp.$466MFinancial ServicesShell Companies-0.45
DTSQDT Cloud Star Acquisition Corp$70MFinancial ServicesShell Companies-0.45
ULSUL Solutions Inc - Class A$18BIndustrialsSpecialty Business Services-0.44
HVMCUHighview Merger Corp - Units (1 Ord Cls A & 1/2 War)$52MFinancial ServicesShell Companies-0.43
MIAXMiami International Holdings Inc$4BFinancial ServicesCapital Markets-0.43
VNMEWVendome Acquisition Corporation I Warrant$2.70MN/AN/A-0.43
CCCXChurchill Capital Corp X - Class A$570MFinancial ServicesShell Companies-0.42
VNMEUVendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War)$52MFinancial ServicesShell Companies-0.42
IPCXInflection Point Acquisition Corp III - Class A$263MFinancial ServicesShell Companies-0.42
FIGXFIGX Capital Acquisition Corp - Class A$159MFinancial ServicesShell Companies-0.41
SZZLUSizzle Acquisition Corp II - Units (1 Ord Cls A & 1 Rts)$70MFinancial ServicesShell Companies-0.41
EONRHNR Acquisition Corp$21MEnergyOil & Gas E&p-0.41
BACQUMerlin Inc - Units (1Ord Class A & 1 Rights)$781MFinancial ServicesShell Companies-0.41
RYDERyde Group Ltd - Class A$4.70MTechnologySoftware - Application-0.41
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.40
DFSCDEFSEC Technologies Inc Com$3.99MIndustrialsAerospace & Defense-0.40
POLEAndretti Acquisition Corp II - Class A$248MFinancial ServicesShell Companies-0.39
BLSHBullish$3.80BTechnologySoftware - Infrastructure-0.39
YOULYoulife Group Inc$41MConsumer DefensiveEducation & Training Services-0.39
TRONCorner Growth Acquisition Corp 2 - Class A$700MConsumer CyclicalLeisure-0.39

ETFs that lowly correlated with ALK

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.69
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.67
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.67
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.67
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.66
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.65
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.65
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.64
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.64
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.63
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.62
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.61
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.61
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.61
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.61
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.60
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.60
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.60
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.60
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.59
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.59
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.59
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.59
WTIPWISDOMTREE INFLATION PLUS FUND $21M0.65%Jun 16, 2025-0.58
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.57
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.57
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.57
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.56
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.56
CLIMCLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF $1.30M0.90%Mar 11, 2026-0.56
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.55
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.55
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.53
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.53
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.53
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.53
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.52
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.51
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.51
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.50
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.49
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.48
BESFBASTION ENERGY ETF $33M0.80%Jun 3, 2025-0.48
RBILF/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF $139M0.17%Feb 24, 2025-0.47
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.45
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $16M1.05%May 1, 2024-0.43
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.43
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.43
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.42
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.42
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.42
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.42
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.42
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.40
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.40