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48 Stocks and 52 ETFs for diversifying Southwest Airlines (LUV)

The least correlated asset to Southwest Airlines (LUV) is ETF NFLW (ROUNDHILL NFLX WEEKLYPAY ETF). The correlation is -0.787.

Stocks that lowly correlated with LUV

SymbolName
Market cap
SectorIndustry
Correlation
OMDAOmada Health Inc$975MHealthcareHealth Information Services-0.69
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.63
BMGLBasel Medical Group Ltd$11MHealthcareMedical Care Facilities-0.60
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.57
AIIAmerican Integrity Insurance Group Inc$328MFinancial ServicesInsurance - Property & Casualty-0.56
TWNPTwin Hospitality Group Inc. Class A Common Stock$4.08MConsumer CyclicalRestaurants-0.53
TMDETMD Energy Ltd$18MEnergyOil & Gas Midstream-0.52
APUSApimeds Pharmaceuticals US Inc$1.82MHealthcareDrug Manufacturers - Specialty & Generic-0.51
MENSJyong Biotech Ltd$164MHealthcareBiotechnology-0.50
SAFXXCF Global Inc$126MUtilitiesUtilities - Renewable-0.49
STRZStarz Entertainment Corp$380MCommunication ServicesEntertainment-0.46
HMCOHumanCo Acquisition Corp - Class A$387MN/AN/A-0.46
WETOWebus International Ltd$11MTechnologySoftware - Infrastructure-0.46
VCKAUScilex Holding Company - Units (1 Ord & 1/2 War)$37MN/AN/A-0.45
STAKStak Inc$17MEnergyOil & Gas Equipment & Services-0.45
UYSCUUY Scuti Acquisition Corp - Units (1 Ord Shs & 1 Rts)$89MFinancial ServicesShell Companies-0.44
NVSAUNew Vista Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$350MN/AN/A-0.43
QETARQuetta Acquisition Corp$1.33MN/AN/A-0.42
ANNAAleAnna Inc - Class A$122MEnergyOil & Gas E&p-0.42
BIAFBioAffinity Technologies Inc$7.42MHealthcareDiagnostics & Research-0.42
EONRHNR Acquisition Corp$22MEnergyOil & Gas E&p-0.42
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.42
VCICUVine Hill Capital Investment Corp - Units (1 Ord Class A & 1/2 War)$75MFinancial ServicesShell Companies-0.42
ENGSEnergys Group Ltd$12MIndustrialsWaste Management-0.42
FIGXUFIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$35MFinancial ServicesShell Companies-0.42
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.41
IPCXInflection Point Acquisition Corp III - Class A$261MFinancial ServicesShell Companies-0.40
CRCLCircle Internet Group Inc - Class A$25BFinancial ServicesCapital Markets-0.40
AILEiLearningEngines Holdings Inc - Class A$59MTechnologySoftware - Infrastructure-0.40
CBIOCrescent Biopharma Inc$573MHealthcareBiotechnology-0.40
MCACUConnectM Technology Solutions Inc - Units (1 Ord Class A 1 War & 1 Right)$70MFinancial ServicesShell Companies-0.40
FLACFrazier Lifesciences Acquisition Corp - Class A$175MN/AN/A-0.40
DAICCID HoldCo Inc$5.39MTechnologyInformation Technology Services-0.39
HNGEHinge Health Inc - Class A$4.21BHealthcareHealth Information Services-0.39
EQVEQV Ventures Acquisition Corp.$466MFinancial ServicesShell Companies-0.39
NTBLNotable Labs Inc Ord$2.39MHealthcareBiotechnology-0.38
GAUZGauzy Ltd$12MTechnologyElectronic Components-0.38
NAACUNorth Atlantic Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$482MN/AN/A-0.38
BRLIBrilliant Acquisition Corp$5.92MN/AN/A-0.36
CCVChurchill Capital Corp V - Class A$284MN/AN/A-0.36
ATPCAgape ATP Corp$2.85MConsumer DefensivePackaged Foods-0.36
AACIWArmada Acquisition Corp I - Warrants (13/08/2026)$20MN/AN/A-0.35
DGNXDiginex Ltd$31MIndustrialsConsulting Services-0.35
TURBTurbo Energy S.A.$7.58MTechnologySolar-0.35
FACTUFACT II Acquisition Corp - Units (1 Ord Class A & 1/2 War)$56MFinancial ServicesShell Companies-0.35
DLCAUDeep Lake Capital Acquisition Corp - Units (1 Ord Class A & 1/2 War)$262MN/AN/A-0.34
RYDERyde Group Ltd - Class A$4.70MTechnologySoftware - Application-0.34
WYHGWing Yip Food Holdings Group Ltd$43MConsumer DefensivePackaged Foods-0.34

ETFs that lowly correlated with LUV

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
NFLWROUNDHILL NFLX WEEKLYPAY ETF $16MN/AJun 17, 2025-0.79
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.57
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.57
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.56
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.56
GGOViShares Global Government Bond USD Hedged Active$44M0.39%Jun 25, 2025-0.55
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.55
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.55
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.54
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.54
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.54
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.54
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.54
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.53
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.53
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.52
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.52
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.52
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.51
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.51
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.50
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.49
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.49
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.48
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.48
CLIMCLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF $1.30M0.90%Mar 11, 2026-0.48
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.47
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.47
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.46
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.46
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.46
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.46
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.46
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.46
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.44
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.43
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.43
WZRDOpportunistic Trader ETF$3.90M1.00%Jun 24, 2025-0.42
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.42
MSIIREX MSTR GROWTH & INCOME ETF $4.40MN/AJun 3, 2025-0.42
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.40
XYZGLEVERAGE SHARES 2X LONG XYZ DAILY ETF $3.60MN/AApr 3, 2025-0.40
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.40
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.40
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.40
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.39
MSTPGRANITESHARES 2X LONG MSTR DAILY ETF $11MN/AJun 9, 2025-0.38
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.38
USEUSCF ENERGY COMMODITY STRATEGY ABSOLUTE RETURN FUND $2.60M0.79%May 3, 2023-0.38
PLTGLEVERAGE SHARES 2X LONG PLTR DAILY ETF $26MN/AApr 24, 2025-0.37
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.35
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.34