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32 Stocks and 68 ETFs for diversifying Southwest Airlines (LUV)

The least correlated asset to Southwest Airlines (LUV) is ETF NFLW (ROUNDHILL NFLX WEEKLYPAY ETF). The correlation is -0.8093.

Stocks that lowly correlated with LUV

SymbolName
Market cap
SectorIndustry
Correlation
CTWCTW Cayman - Class A$147MCommunication ServicesElectronic Gaming & Multimedia-0.77
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$18MFinancial ServicesShell Companies-0.58
BMGLBasel Medical Group Ltd$9.61MHealthcareMedical Care Facilities-0.58
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.57
BLSHBullish$3.80BTechnologySoftware - Infrastructure-0.56
AIIAmerican Integrity Insurance Group Inc$358MFinancial ServicesInsurance - Property & Casualty-0.53
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.53
SSEAUStarry Sea Acquisition Corp - Units (1 Ord Shs & 1/6 Rts)$19MFinancial ServicesShell Companies-0.52
APUSApimeds Pharmaceuticals US Inc$8.51MHealthcareDrug Manufacturers - Specialty & Generic-0.52
EMPDEmpery Digital Inc$98MConsumer CyclicalAuto Manufacturers-0.52
MENSJyong Biotech Ltd$174MHealthcareBiotechnology-0.50
OMDAOmada Health Inc$1.41BHealthcareHealth Information Services-0.47
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.47
HMCOHumanCo Acquisition Corp - Class A$387MN/AN/A-0.46
SAFXXCF Global Inc$145MUtilitiesUtilities - Renewable-0.46
CRCLCircle Internet Group Inc - Class A$16BFinancial ServicesCapital Markets-0.45
VCKAUScilex Holding Company - Units (1 Ord & 1/2 War)$37MN/AN/A-0.45
QETARQuetta Acquisition Corp$1.43MN/AN/A-0.45
BIAFBioAffinity Technologies Inc$3.25MHealthcareDiagnostics & Research-0.44
TWNPTwin Hospitality Group Inc. Class A Common Stock$4.08MConsumer CyclicalRestaurants-0.43
EONRHNR Acquisition Corp$21MEnergyOil & Gas E&p-0.43
NVSAUNew Vista Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$350MN/AN/A-0.43
CBION/A$432MHealthcareBiotechnology-0.43
ANNAAleAnna Inc - Class A$131MEnergyOil & Gas E&p-0.42
DAICCID HoldCo Inc$40MTechnologyInformation Technology Services-0.42
VCICUVine Hill Capital Investment Corp - Units (1 Ord Class A & 1/2 War)$75MFinancial ServicesShell Companies-0.42
APADREnhanced Group Inc$6.67MN/AN/A-0.40
QUMSUQuantumsphere Acquisition Corp - Units (1 Ord Shs & 1 Rts)$33MFinancial ServicesShell Companies-0.40
NMPAUNMP Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$35MFinancial ServicesShell Companies-0.40
CURXCuranex Pharmaceuticals Inc$6.11MHealthcareBiotechnology-0.40
FLACFrazier Lifesciences Acquisition Corp - Class A$175MN/AN/A-0.40
EQVEQV Ventures Acquisition Corp.$466MFinancial ServicesShell Companies-0.39

ETFs that lowly correlated with LUV

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.81
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.67
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.67
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.58
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.58
RBILF/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF $139M0.17%Feb 24, 2025-0.57
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.57
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.55
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.55
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.55
BCCCGLOBAL X BITCOIN COVERED CALL ETF $8.20M0.75%Jun 3, 2025-0.55
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.54
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.54
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.54
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.54
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.53
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.53
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.53
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.53
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.52
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.52
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.52
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.52
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.51
MSTWROUNDHILL MSTR WEEKLYPAY ETF $33MN/AJul 23, 2025-0.50
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.49
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.49
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.49
PDDLGRANITESHARES 2X LONG PDD DAILY ETF $7.60MN/AJul 14, 2025-0.48
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.48
GGOViShares Global Government Bond USD Hedged Active$2.90B0.39%Jun 25, 2025-0.48
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.48
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.47
MSFWROUNDHILL MSFT WEEKLYPAY ETF $27MN/AJul 23, 2025-0.47
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.47
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.46
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.46
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.46
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.46
WTIPWISDOMTREE INFLATION PLUS FUND $21M0.65%Jun 16, 2025-0.46
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.46
SSKREX-OSPREY(TM) SOL + STAKING ETF $68M0.75%Jul 1, 2025-0.46
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.45
CLIMCLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF $1.30M0.90%Mar 11, 2026-0.45
MSTPGRANITESHARES 2X LONG MSTR DAILY ETF $5.20MN/AJun 9, 2025-0.45
WZRDOpportunistic Trader ETF$976K1.00%Jun 24, 2025-0.45
CXRNTEUCRIUM 2X DAILY CORN ETF $4MN/ADec 12, 2024-0.44
UXRPProShares Ultra XRP ETF$27MN/AJul 14, 2025-0.44
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.44
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.44
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.43
COYYGRANITESHARES YIELDBOOST COIN ETF $21M1.07%Jul 28, 2025-0.43
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.43
CBTYCalamos Bitcoin 80 Series Structured Alt Protection ETF July$11M0.69%Jul 7, 2025-0.42
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.42
USEUSCF ENERGY COMMODITY STRATEGY ABSOLUTE RETURN FUND $2.60M0.79%May 3, 2023-0.42
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.42
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.41
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.41
PLTGLEVERAGE SHARES 2X LONG PLTR DAILY ETF $23MN/AApr 24, 2025-0.41
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.41
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.40
AMZWROUNDHILL AMZN WEEKLYPAY ETF $34MN/AJun 17, 2025-0.40
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.39
SLONProShares Ultra Solana ETF$17MN/AJul 14, 2025-0.39
CBOYCalamos Bitcoin Structured Alt Protection ETF July$4.90M0.69%Jul 7, 2025-0.38
BTCCGRAYSCALE BITCOIN COVERED CALL ETF $13M0.65%Apr 1, 2025-0.38
CBXYCalamos Bitcoin 90 Series Structured Alt Protection ETF July$5.50M0.69%Jul 7, 2025-0.38