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25 Stocks and 75 ETFs for diversifying Lithia Motors (LAD)

The least correlated asset to Lithia Motors (LAD) is ETF SKRE (TUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF). The correlation is -0.73.

Stocks that lowly correlated with LAD

SymbolName
Market cap
SectorIndustry
Correlation
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.71
RNERUMount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt)$125MN/AN/A-0.63
TACHTitan Acquisition Corp - Class A$286MFinancial ServicesShell Companies-0.62
TMDETMD Energy Ltd$18MEnergyOil & Gas Midstream-0.62
PCPremium Catering (Holdings) Ltd$30MIndustrialsSpecialty Business Services-0.52
STAKStak Inc$17MEnergyOil & Gas Equipment & Services-0.49
LIONULionheart III Corp - Units (1 Ord Share Class A & 1/2 War)$113MN/AN/A-0.49
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.46
IPCXInflection Point Acquisition Corp III - Class A$261MFinancial ServicesShell Companies-0.46
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.45
RDAGRepublic Digital Acquisition Co. - Class A$310MFinancial ServicesShell Companies-0.45
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.45
PVLAPalvella Therapeutics Inc$1.66BHealthcareBiotechnology-0.43
CRCLCircle Internet Group Inc - Class A$25BFinancial ServicesCapital Markets-0.42
EQVEQV Ventures Acquisition Corp.$466MFinancial ServicesShell Companies-0.42
JMACUMaxpro Capital Acquisition Corp - Units (1 Ord Share Class A & 1 War)$150MN/AN/A-0.41
DYCQRDT Cloud Acquisition Corp$474KN/AN/A-0.40
PXDTPixie Dust Technologies Inc$8.62MTechnologyConsumer Electronics-0.40
HMCOHumanCo Acquisition Corp - Class A$387MN/AN/A-0.39
ECOECHO BAY MINES LTD$1.95BIndustrialsMarine Shipping-0.38
GSHRGesher Acquisition Corp II - Class A$155MFinancial ServicesShell Companies-0.38
CRAQCal Redwood Acquisition Corp$320MFinancial ServicesShell Companies-0.37
MOBXMobix Labs Inc - Class A$20MTechnologySemiconductors-0.36
OMSEOMS Energy Technologies Inc$201MEnergyOil & Gas Equipment & Services-0.36
AIIAmerican Integrity Insurance Group Inc$328MFinancial ServicesInsurance - Property & Casualty-0.36

ETFs that lowly correlated with LAD

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.73
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.65
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.63
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.63
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.63
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.62
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.62
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.62
TNGYTORTOISE ENERGY ETF $600M0.85%Dec 27, 2010-0.61
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.61
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.60
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.60
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.60
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.58
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.57
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.57
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.56
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.56
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $14M1.11%Aug 14, 2024-0.56
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.56
METDDIREXION DAILY META BEAR 1X SHARES $8.60M1.02%Jun 5, 2024-0.55
TSLSDirexion Daily TSLA Bear 1X Shares$76M0.95%Aug 8, 2022-0.55
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.55
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.55
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.54
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.54
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.54
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.54
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.54
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.53
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.52
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.52
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $23M0.50%Mar 6, 2024-0.52
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.51
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.50
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.20MN/AMay 15, 2024-0.50
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $9.80M1.05%Jul 23, 2024-0.49
TSLQTradr 2X Short TSLA Daily ETF$159MN/AJul 13, 2022-0.49
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.49
NVDSTradr 1.5X Short NVDA Daily ETF$23MN/AJul 13, 2022-0.48
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.47
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.47
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $19M1.05%May 1, 2024-0.47
NFLWROUNDHILL NFLX WEEKLYPAY ETF $16MN/AJun 17, 2025-0.46
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.46
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.45
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.45
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.45
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.45
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.44
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.44
TSDDGRANITESHARES 2X SHORT TSLA DAILY ETF $42MN/AAug 21, 2023-0.44
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.44
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.43
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.43
TSLZT-Rex 2X Inverse Tesla Daily Target ETF$46MN/AOct 18, 2023-0.42
CLIMCLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF $1.30M0.90%Mar 11, 2026-0.42
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.42
RSBYRETURN STACKED(R) BONDS & FUTURES YIELD ETF $78M1.01%Aug 20, 2024-0.41
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.41
QIDPROSHARES ULTRASHORT QQQ $279MN/AJul 11, 2006-0.40
SBITProShares UltraShort Bitcoin ETF$183MN/AApr 1, 2024-0.39
FNGDBank of Montreal$68MN/AJan 22, 2018-0.39
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.39
BTCZT-REX 2X INVERSE BITCOIN DAILY TARGET ETF $26MN/AJul 9, 2024-0.38
XOMXDirexion Daily XOM Bull 2X Shares$7.90MN/AApr 22, 2025-0.38
WZRDOpportunistic Trader ETF$3.90M1.00%Jun 24, 2025-0.38
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $16M0.96%Aug 8, 2022-0.38
MLDRGLOBAL X INTERMEDIATE-TERM TREASURY LADDER ETF $9.30M0.12%Sep 9, 2024-0.38
LDRHISHARES IBONDS 1-5 YEAR HIGH YIELD AND INCOME LADDER ETF $7.90M0.35%Nov 7, 2024-0.37
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.37
AVSDIREXION DAILY AVGO BEAR 1X SHARES $6.90M1.03%Oct 9, 2024-0.37
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $17M1.02%Sep 6, 2022-0.37
QCMDDirexion Daily QCOM Bear 1X ETF$2M1.00%Jun 24, 2025-0.36
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.36