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40 Stocks and 60 ETFs for diversifying Granite Construction (GVA)

The least correlated asset to Granite Construction (GVA) is ETF HIBS (Direxion Daily S&P 500 High Beta Bear 3X Shares). The correlation is -0.7575.

Stocks that lowly correlated with GVA

SymbolName
Market cap
SectorIndustry
Correlation
YOULYoulife Group Inc$41MConsumer DefensiveEducation & Training Services-0.65
LWACLightWave Acquisition Corp - Class A$221MFinancial ServicesShell Companies-0.63
AIIAmerican Integrity Insurance Group Inc$358MFinancial ServicesInsurance - Property & Casualty-0.62
LHAILinkhome Holdings Inc$19MReal EstateReal Estate Services-0.61
PGACPantages Capital Acquisition Corp Cl A Ord Shs$118MFinancial ServicesShell Companies-0.60
SLDESlide Insurance Holdings Inc$2.32BFinancial ServicesInsurance - Property & Casualty-0.59
ADVBAdvanced Biomed Inc$7.21MHealthcareDiagnostics & Research-0.58
DGNXDiginex Ltd$28MIndustrialsConsulting Services-0.58
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.58
QUMSUQuantumsphere Acquisition Corp - Units (1 Ord Shs & 1 Rts)$33MFinancial ServicesShell Companies-0.58
CHACUCrane Harbor Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$72MFinancial ServicesShell Companies-0.57
PEWGrabAGun Digital Holdings Inc$75MIndustrialsAerospace & Defense-0.55
VCKAUScilex Holding Company - Units (1 Ord & 1/2 War)$37MN/AN/A-0.55
CTWCTW Cayman - Class A$147MCommunication ServicesElectronic Gaming & Multimedia-0.54
WWACUAeries Technology Inc - Units (1 Ord Class A & 1/2 War)$41MN/AN/A-0.54
AMAOAmerican Acquisition Opportunity Inc - Class A$118MN/AN/A-0.53
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.53
FLACFrazier Lifesciences Acquisition Corp - Class A$175MN/AN/A-0.53
RAAQReal Asset Acquisition Corp - Class A$231MFinancial ServicesShell Companies-0.53
WTGURWintergreen Acquisition Corp$237KN/AN/A-0.52
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.51
GIBOGIBO Holdings Ltd$106MCommunication ServicesInternet Content & Information-0.50
DAAQDigital Asset Acquisition Corp - Class A$180MFinancial ServicesShell Companies-0.49
FVNFuture Vision II Acquisition Corporation$63MFinancial ServicesShell Companies-0.48
PCPremium Catering (Holdings) Ltd$30MIndustrialsSpecialty Business Services-0.47
TLXTelix Pharmaceuticals Ltd$3.82BHealthcareBiotechnology-0.47
BACCBlue Acquisition Corp - Class A$214MFinancial ServicesShell Companies-0.46
LZMHLZ Technology Holdings Ltd - Class B$9.02MTechnologyInformation Technology Services-0.46
AAMAA Mission Acquisition Corp.$368MFinancial ServicesShell Companies-0.46
INACRIndigo Acquisition Corp Right$448KN/AN/A-0.42
PVLAPalvella Therapeutics Inc$2.18BHealthcareBiotechnology-0.42
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.42
LAWRRobot Consulting Co. Ltd$158MIndustrialsConsulting Services-0.42
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.41
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.41
APADUA Paradise Acquisition Corp Unit$67MFinancial ServicesShell Companies-0.41
KCHVKochav Defense Acquisition Corp - Class A$263MFinancial ServicesShell Companies-0.41
FIGXUFIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$35MFinancial ServicesShell Companies-0.40
SAFXXCF Global Inc$145MUtilitiesUtilities - Renewable-0.40
LGPSLogProstyle Inc$26MIndustrialsConglomerates-0.40

ETFs that lowly correlated with GVA

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.76
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.71
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.69
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.69
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.69
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.68
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.67
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.67
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.66
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.66
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.66
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.65
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.64
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.64
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.64
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.62
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.61
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.60
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.60
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.59
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.59
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.58
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.58
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.58
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.58
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.56
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.55
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.55
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.54
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.54
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.54
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.54
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.54
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.53
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.53
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.52
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.52
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.52
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.52
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.51
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.51
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.51
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.49
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.49
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.49
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.47
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.46
SHPUDIREXION DAILY SHOP BULL 2X ETF $15MN/AAug 5, 2025-0.46
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.46
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.46
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.44
TSLZT-REX 2X INVERSE TESLA DAILY TARGET ETF $31MN/AOct 18, 2023-0.44
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $16M1.05%May 1, 2024-0.43
PYPGLEVERAGE SHARES 2X LONG PYPL DAILY ETF $17MN/AApr 3, 2025-0.43
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.42
BRKUDIREXION DAILY BRKB BULL 2X SHARES $45MN/ADec 10, 2024-0.42
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.42
XLUISTATE STREET(R) UTILITIES SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $22M0.35%Jul 29, 2025-0.42
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.42
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $13MN/AMar 31, 2025-0.41