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35 Stocks and 65 ETFs for diversifying BorgWarner (BWA)

The least correlated asset to BorgWarner (BWA) is company Blue Owl Technology Finance (OTF). The correlation is -0.6557.

Stocks that lowly correlated with BWA

SymbolName
Market cap
SectorIndustry
Correlation
OTFBlue Owl Technology Finance Corp$4.94BFinancial ServicesAsset Management-0.66
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.55
TMDETMD Energy Ltd$18MEnergyOil & Gas Midstream-0.55
DGNXDiginex Ltd$31MIndustrialsConsulting Services-0.54
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.54
VCKAUScilex Holding Company - Units (1 Ord & 1/2 War)$37MN/AN/A-0.50
SLDESlide Insurance Holdings Inc$2.20BFinancial ServicesInsurance - Property & Casualty-0.50
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.49
CRCLCircle Internet Group Inc - Class A$25BFinancial ServicesCapital Markets-0.46
TLXTelix Pharmaceuticals Ltd$3.30BHealthcareBiotechnology-0.45
RNERUMount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt)$125MN/AN/A-0.45
GSRMBitcoin Depot Inc - Class A$54MN/AN/A-0.44
WAYWaystar Holding Corp$3.65BHealthcareHealth Information Services-0.44
AACTAres Acquisition Corporation II - Class A$588MFinancial ServicesShell Companies-0.44
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.43
MCACUConnectM Technology Solutions Inc - Units (1 Ord Class A 1 War & 1 Right)$70MFinancial ServicesShell Companies-0.42
APUSApimeds Pharmaceuticals US Inc$1.82MHealthcareDrug Manufacturers - Specialty & Generic-0.41
STRZStarz Entertainment Corp$380MCommunication ServicesEntertainment-0.41
CHYMChime Financial Inc - Class A$6.59BTechnologySoftware - Application-0.40
FLACFrazier Lifesciences Acquisition Corp - Class A$175MN/AN/A-0.40
TWFGTWFG Inc - Class A$275MFinancial ServicesInsurance Brokers-0.40
HPAIHelport AI Ltd$33MTechnologySoftware - Infrastructure-0.39
CHAChagee Holdings Ltd$1.65BConsumer CyclicalRestaurants-0.39
TRONCorner Growth Acquisition Corp 2 - Class A$996MConsumer CyclicalLeisure-0.38
CBIOCrescent Biopharma Inc$573MHealthcareBiotechnology-0.38
FIGXUFIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$35MFinancial ServicesShell Companies-0.38
EDHLEverbright Digital Holding Ltd$4.80MCommunication ServicesAdvertising Agencies-0.38
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.38
ZSPCZspace Inc$2.96MTechnologyComputer Hardware-0.37
AILEiLearningEngines Holdings Inc - Class A$59MTechnologySoftware - Infrastructure-0.37
MITPAG Mortgage Investment Trust Inc$800MN/AN/A-0.37
BYAHPark Ha Biological Technology Co Ltd$917KConsumer DefensiveHousehold & Personal Products-0.36
WAITop KingWin Ltd - Class A$4.47MFinancial ServicesCapital Markets-0.35
ADVBAdvanced Biomed Inc$5.36MHealthcareDiagnostics & Research-0.35
HCHLHappy City Holdings Ltd - Class A$59MConsumer CyclicalRestaurants-0.34

ETFs that lowly correlated with BWA

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.65
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.65
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.64
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.64
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.64
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.64
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.63
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.62
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.62
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.62
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.62
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.62
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.61
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.61
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.60
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.59
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.59
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.59
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.59
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.59
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.58
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.58
WZRDOpportunistic Trader ETF$3.90M1.00%Jun 24, 2025-0.56
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.56
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.56
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.56
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.55
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.55
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.54
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.54
NFLWROUNDHILL NFLX WEEKLYPAY ETF $16MN/AJun 17, 2025-0.53
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.53
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.53
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.53
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.51
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.50
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.48
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $9.80M1.05%Jul 23, 2024-0.47
COIIREX COIN GROWTH & INCOME ETF $2.80MN/AJun 3, 2025-0.46
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.45
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $14M1.11%Aug 14, 2024-0.45
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.45
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.43
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $40MN/ANov 6, 2008-0.43
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.43
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.42
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.42
OILDBank of Montreal$19MN/ANov 8, 2021-0.42
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.42
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.40
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$1.10BN/ANov 24, 2008-0.40
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.40
FXPProShares UltraShort FTSE China 50 -2x Shares$5.60MN/ANov 6, 2007-0.40
YXIProShares Short FTSE China 50 -1x Shares$4.30M0.95%Mar 16, 2010-0.40
NFLPKurv Yield Premium Strategy Netflix (NFLX) ETF$7.50M0.99%Oct 26, 2023-0.39
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.39
SHRTGOTHAM SHORT STRATEGIES ETF $17M1.35%Jul 31, 2017-0.38
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.37
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.37
YANGDIREXION DAILY FTSE CHINA BEAR 3X SHARES $110MN/ADec 3, 2009-0.37
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.36
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $396M0.51%Dec 18, 2013-0.36
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $16M0.96%Aug 8, 2022-0.35
PYPGLEVERAGE SHARES 2X LONG PYPL DAILY ETF $27MN/AApr 3, 2025-0.35
METDDIREXION DAILY META BEAR 1X SHARES $8.60M1.02%Jun 5, 2024-0.34