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44 Stocks and 56 ETFs for diversifying Magnera (MAGN)

The least correlated asset to Magnera (MAGN) is ETF NFLW (ROUNDHILL NFLX WEEKLYPAY ETF). The correlation is -0.6815.

Stocks that lowly correlated with MAGN

SymbolName
Market cap
SectorIndustry
Correlation
INACRIndigo Acquisition Corp Right$448KN/AN/A-0.65
AIIAmerican Integrity Insurance Group Inc$358MFinancial ServicesInsurance - Property & Casualty-0.63
YSXTYsx Tech Co.Ltd - Class A$20MIndustrialsSpecialty Business Services-0.59
LWACLightWave Acquisition Corp - Class A$221MFinancial ServicesShell Companies-0.55
QUMSUQuantumsphere Acquisition Corp - Units (1 Ord Shs & 1 Rts)$33MFinancial ServicesShell Companies-0.53
CJMBCallan Jmb Inc$4.21MIndustrialsIntegrated Freight & Logistics-0.53
POLEAndretti Acquisition Corp II - Class A$248MFinancial ServicesShell Companies-0.53
DYCQDT Cloud Acquisition Corp$23MFinancial ServicesShell Companies-0.53
RDAGRepublic Digital Acquisition Co. - Class A$311MFinancial ServicesShell Companies-0.53
VCICUVine Hill Capital Investment Corp - Units (1 Ord Class A & 1/2 War)$75MFinancial ServicesShell Companies-0.52
APUSApimeds Pharmaceuticals US Inc$8.51MHealthcareDrug Manufacturers - Specialty & Generic-0.51
CTWCTW Cayman - Class A$147MCommunication ServicesElectronic Gaming & Multimedia-0.51
VCKAUScilex Holding Company - Units (1 Ord & 1/2 War)$37MN/AN/A-0.51
GIGGUGigCapital7 Corp - Units (1 Ord Class A & 1 War)$2.83BFinancial ServicesShell Companies-0.47
OAKUOak Woods Acquisition Corp - Class A$44MFinancial ServicesShell Companies-0.47
WTFWaton Financial Ltd$132MFinancial ServicesCapital Markets-0.47
SSEAUStarry Sea Acquisition Corp - Units (1 Ord Shs & 1/6 Rts)$19MFinancial ServicesShell Companies-0.47
TWNPTwin Hospitality Group Inc. Class A Common Stock$4.08MConsumer CyclicalRestaurants-0.46
KCHVKochav Defense Acquisition Corp - Class A$263MFinancial ServicesShell Companies-0.45
EMPDEmpery Digital Inc$98MConsumer CyclicalAuto Manufacturers-0.43
IPEXInflection Point Acquisition Corp V - Class A$125MFinancial ServicesShell Companies-0.43
FMFCKandal M Venture Ltd - Class A$4.71MConsumer CyclicalFootwear & Accessories-0.42
HVIIN/A$199MFinancial ServicesShell Companies-0.42
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.42
TVACUTexas Ventures Acquisition III Corp - Units (1 Ord Cls A & 1/2 War)$73MFinancial ServicesShell Companies-0.42
METCIRamaco Resources Inc$1.12BN/AN/A-0.41
GAUZGauzy Ltd$7.44MTechnologyElectronic Components-0.41
HCMAUHCM III Acquisition Corp - Units (1 Ord Cls A & 1 War)$77MFinancial ServicesShell Companies-0.41
RNERUMount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt)$125MN/AN/A-0.41
BMGLBasel Medical Group Ltd$9.61MHealthcareMedical Care Facilities-0.40
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.40
OBAOxley Bridge Acquisition Ltd - Class A$260MFinancial ServicesShell Companies-0.40
SDHIUSiddhi Acquisition Corp - Units (1 Ord class A & 1/10 Rts)$73MFinancial ServicesShell Companies-0.40
IROHRCN Healthy Food Tech Group Corp$35MN/AN/A-0.40
HVIIUHennessy Capital Investment Corp VII - Units (1 Ord Shs & 1 Rts)$205MFinancial ServicesShell Companies-0.40
LZMHLZ Technology Holdings Ltd - Class B$9.02MTechnologyInformation Technology Services-0.39
SZZLUSizzle Acquisition Corp II - Units (1 Ord Cls A & 1 Rts)$70MFinancial ServicesShell Companies-0.39
KGKING PHARMACEUTICALS INC$77MFinancial ServicesInsurance - Reinsurance-0.39
VCICVine Hill Capital Investment Corp - Class A$71MFinancial ServicesShell Companies-0.38
FIGXFIGX Capital Acquisition Corp - Class A$159MFinancial ServicesShell Companies-0.38
BACQUMerlin Inc - Units (1Ord Class A & 1 Rights)$781MFinancial ServicesShell Companies-0.38
BLMZHarrison Global Holdings Inc$172KCommunication ServicesEntertainment-0.38
RFAIRF Acquisition Corp II$116MFinancial ServicesShell Companies-0.37
HVMCUHighview Merger Corp - Units (1 Ord Cls A & 1/2 War)$52MFinancial ServicesShell Companies-0.37

ETFs that lowly correlated with MAGN

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.68
XLUISTATE STREET(R) UTILITIES SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $22M0.35%Jul 29, 2025-0.61
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.55
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.55
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.54
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.54
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.54
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.54
PDDLGRANITESHARES 2X LONG PDD DAILY ETF $7.60MN/AJul 14, 2025-0.53
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.53
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.53
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.53
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.52
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.52
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.52
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.52
DVUTWEBS Defined Volatility XLU ETF$273K0.89%Jul 22, 2025-0.51
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.51
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.51
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.49
NFXLDIREXION DAILY NFLX BULL 2X SHARES $141MN/AOct 2, 2024-0.49
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.49
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.49
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.49
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.49
NFLUT-REX 2X LONG NFLX DAILY TARGET ETF $46MN/ASep 26, 2024-0.48
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.48
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.48
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.48
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.47
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.47
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.47
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.46
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.46
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.45
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.45
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.44
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.44
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.44
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.44
IMSTBITWISE MSTR OPTION INCOME STRATEGY ETF $8.20M0.96%Apr 1, 2025-0.43
CBOJCalamos Bitcoin Structured Alt Protection ETF January$21M0.69%Jan 21, 2025-0.43
TLTXGLOBAL X TREASURY BOND ENHANCED INCOME ETF $14M0.29%Jul 15, 2025-0.42
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.42
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
RBILF/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF $139M0.17%Feb 24, 2025-0.41
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.41
GGOViShares Global Government Bond USD Hedged Active$2.90B0.39%Jun 25, 2025-0.41
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.40
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.40
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.38
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.38
CBXJCalamos Bitcoin 90 Series Structured Alt Protection ETF January$20M0.69%Feb 3, 2025-0.38
LCDLGRANITESHARES 2X LONG LCID DAILY ETF N/AN/AApr 21, 2025-0.37
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.37