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24 Stocks and 76 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 -0.735.

Stocks that lowly correlated with LAD

SymbolName
Market cap
SectorIndustry
Correlation
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.68
RNERUMount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt)$125MN/AN/A-0.63
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.60
GTERUGloba Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts)$53MFinancial ServicesShell Companies-0.54
INACRIndigo Acquisition Corp Right$448KN/AN/A-0.52
VNMEUVendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War)$52MFinancial ServicesShell Companies-0.52
TACHTitan Acquisition Corp - Class A$288MFinancial ServicesShell Companies-0.52
LWACLightWave Acquisition Corp - Class A$221MFinancial ServicesShell Companies-0.51
PCPremium Catering (Holdings) Ltd$30MIndustrialsSpecialty Business Services-0.50
LIONULionheart III Corp - Units (1 Ord Share Class A & 1/2 War)$113MN/AN/A-0.49
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.48
CRCLCircle Internet Group Inc - Class A$16BFinancial ServicesCapital Markets-0.47
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$18MFinancial ServicesShell Companies-0.46
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.45
KCHVKochav Defense Acquisition Corp - Class A$263MFinancial ServicesShell Companies-0.44
CTWCTW Cayman - Class A$147MCommunication ServicesElectronic Gaming & Multimedia-0.43
PVLAPalvella Therapeutics Inc$2.18BHealthcareBiotechnology-0.43
INACIndigo Acquisition Corp$118MFinancial ServicesShell Companies-0.43
EQVEQV Ventures Acquisition Corp.$466MFinancial ServicesShell Companies-0.42
FIGXFIGX Capital Acquisition Corp - Class A$159MFinancial ServicesShell Companies-0.41
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
INACUIndigo Acquisition Corp - Units (1 Ord Shs & 1 Rts)$34MFinancial ServicesShell Companies-0.40
HMCOHumanCo Acquisition Corp - Class A$387MN/AN/A-0.39

ETFs that lowly correlated with LAD

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.73
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.65
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.63
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.63
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.63
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.63
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.63
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.62
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.62
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.62
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.62
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.61
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.60
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.60
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.60
DVUTWEBS Defined Volatility XLU ETF$273K0.89%Jul 22, 2025-0.58
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.58
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.57
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.56
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.56
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.56
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.55
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.55
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.55
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.54
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.54
XLUISTATE STREET(R) UTILITIES SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $22M0.35%Jul 29, 2025-0.54
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.54
TSLSDirexion Daily TSLA Bear 1X Shares$66M0.95%Aug 8, 2022-0.54
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.54
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.54
GXPEGLOBAL X PURECAP MSCI ENERGY ETF $1.20M0.15%Jul 22, 2025-0.53
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.53
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.53
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.53
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.50
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.50
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.50
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.48
TSLQTradr 2X Short TSLA Daily ETF$114MN/AJul 13, 2022-0.48
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.48
USNGAMPLIFY SAMSUNG U.S. NATURAL GAS INFRASTRUCTURE ETF $7.40M0.59%May 19, 2025-0.48
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.47
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.47
WZRDOpportunistic Trader ETF$976K1.00%Jun 24, 2025-0.46
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.46
XLEISTATE STREET(R) ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF$40M0.35%Jul 29, 2025-0.46
BESFBASTION ENERGY ETF $33M0.80%Jun 3, 2025-0.46
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.46
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.46
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.45
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.45
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.45
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.45
XOMXDirexion Daily XOM Bull 2X Shares$7.80MN/AApr 22, 2025-0.45
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.45
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.45
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $16M1.05%May 1, 2024-0.44
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.44
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.44
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.43
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.43
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.43
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.43
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.42
TSDDGRANITESHARES 2X SHORT TSLA DAILY ETF $39MN/AAug 21, 2023-0.42
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.41
PANGLEVERAGE SHARES 2X LONG PANW DAILY ETF $8.90MN/AMar 20, 2025-0.41
CLIMCLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF $1.30M0.90%Mar 11, 2026-0.41
RSBYRETURN STACKED(R) BONDS & FUTURES YIELD ETF $64M1.01%Aug 20, 2024-0.41
TSLZT-REX 2X INVERSE TESLA DAILY TARGET ETF $31MN/AOct 18, 2023-0.41
BILTiShares Infrastructure Active ETF$32M0.60%Jul 29, 2025-0.41
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.40
PALDDirexion Daily PANW Bear 1X Shares$1.80M1.02%Feb 10, 2025-0.40
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.39
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.39