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72 Stocks and 28 ETFs for diversifying Madrigal Pharmaceuticals (MDGL)

The least correlated asset to Madrigal Pharmaceuticals (MDGL) is company Generation Essentials Group (TGE). The correlation is -0.7403.

Stocks that lowly correlated with MDGL

SymbolName
Market cap
SectorIndustry
Correlation
TGEGeneration Essentials Group - Class A$370MFinancial ServicesAsset Management-0.74
NAMMNamib Minerals.$87MBasic MaterialsGold-0.72
PCAPPatriot Capital Funding Inc$324MFinancial ServicesShell Companies-0.67
WENNWen Acquisition Corp - Class A$310MFinancial ServicesShell Companies-0.66
RDAGRepublic Digital Acquisition Co. - Class A$311MFinancial ServicesShell Companies-0.65
GPATUGP-Act III Acquisition Corp - Units (1 Ord Share Class A & 1/2 War)$69MFinancial ServicesShell Companies-0.61
MCRPMicropolis Holding Company$42MTechnologyComputer Hardware-0.59
DAAQDigital Asset Acquisition Corp - Class A$180MFinancial ServicesShell Companies-0.59
PXDTPixie Dust Technologies Inc$8.62MTechnologyConsumer Electronics-0.59
AIROAIRO Group Holdings Inc$212MIndustrialsAerospace & Defense-0.59
CRECre8 Enterprise Ltd Class A$6.60MIndustrialsSpecialty Business Services-0.58
TACOBerto Acquisition Corp$314MFinancial ServicesShell Companies-0.58
AIMAIM ImmunoTech Inc.$12MHealthcareBiotechnology-0.57
CCIIWCohen Circle Acquisition Corp II - Warrants(01/07/2030)$3.81MN/AN/A-0.57
VNMEUVendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War)$52MFinancial ServicesShell Companies-0.57
VOYGVoyager Technologies Inc - Class A$1.55BIndustrialsAerospace & Defense-0.56
GTERAGloba Terra Acquisition Corporation Class A$246MFinancial ServicesShell Companies-0.56
CEPOCantor Equity Partners I Inc - Class A$271MFinancial ServicesShell Companies-0.55
PCPremium Catering (Holdings) Ltd$30MIndustrialsSpecialty Business Services-0.55
WFFWF Holding Ltd$12MIndustrialsSpecialty Industrial Machinery-0.52
ALMAlma Metals Limited$3.90BBasic MaterialsOther Industrial Metals & Mining-0.51
SZZLUSizzle Acquisition Corp II - Units (1 Ord Cls A & 1 Rts)$70MFinancial ServicesShell Companies-0.51
KFIIK&F Growth Acquisition Corp II$314MFinancial ServicesShell Companies-0.49
GTERUGloba Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts)$53MFinancial ServicesShell Companies-0.48
RTACURenatus Tactical Acquisition Corp I - Units (1 Ord Cls A & 1/2 War)$77MFinancial ServicesShell Companies-0.48
TACOUBerto Acquisition Corp - Units (1 Ord & 1/2 War)$81MFinancial ServicesShell Companies-0.48
RTACRenatus Tactical Acquisition Corp I - Class A$326MFinancial ServicesShell Companies-0.48
INACIndigo Acquisition Corp$118MFinancial ServicesShell Companies-0.48
YSXTYsx Tech Co.Ltd - Class A$20MIndustrialsSpecialty Business Services-0.48
RYETRuanyun Edai Technology Inc$32MConsumer DefensiveEducation & Training Services-0.47
PRMBPrimo Brands Corp - Class A$9.12BConsumer DefensiveBeverages - Non-alcoholic-0.47
TLIHTen League International Holdings Ltd$17MIndustrialsIndustrial Distribution-0.47
MASK3 E Network Technology Group Ltd - Class A$1.60MTechnologySoftware - Application-0.47
FIGFigma Inc - Class A$12BTechnologySoftware - Application-0.47
KWMK Wave Media Ltd$7.63MCommunication ServicesEntertainment-0.46
CHAChagee Holdings Ltd$1.84BConsumer CyclicalRestaurants-0.46
PMTRPerimeter Acquisition Corp I - Class A$258MFinancial ServicesShell Companies-0.46
CHARCHAPARRAL RESOURCES INC$119MFinancial ServicesShell Companies-0.45
THRDThird Harmonic Bio Inc$242MHealthcareBiotechnology-0.45
LNKSLinkers Industries Ltd - Class A$16MIndustrialsElectrical Equipment & Parts-0.45
HSPTRHorizon Space Acquisition II Corp Right$1MN/AN/A-0.44
BCARUD. Boral ARC Acquisition I Corp Units$157MFinancial ServicesShell Companies-0.44
FACTFACT II Acquisition Corp - Class A$197MFinancialsInvestment Holding Companies-0.43
SEGGLottery.com Inc$4.48MConsumer CyclicalGambling-0.43
TWGTop Wealth Group Holding Ltd$133MConsumer DefensiveFood Distribution-0.43
CRWVCoreWeave Inc - Class A$41BTechnologySoftware - Infrastructure-0.42
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.42
LPBBLaunch Two Acquisition Corp$247MFinancial ServicesShell Companies-0.41
BOWNRBowen Acquisition Corp$510KN/AN/A-0.41
VINON/A$1.32MReal EstateReal Estate - Diversified-0.41
CCECCapital Clean Energy Carriers Corp$1.33BIndustrialsMarine Shipping-0.41
IMRABITWISE MARA OPTION INCOME STRATEGY ETF $914MN/AN/A-0.41
DFSCDEFSEC Technologies Inc Com$3.99MIndustrialsAerospace & Defense-0.41
INACUIndigo Acquisition Corp - Units (1 Ord Shs & 1 Rts)$34MFinancial ServicesShell Companies-0.41
WSBKWinchester Bancorp Inc$121MFinancial ServicesBanks - Regional-0.41
VGVenture Global Inc - Class A$32BEnergyOil & Gas Midstream-0.41
JENAJena Acquisition Corporation II Class A$242MFinancial ServicesShell Companies-0.40
TFIN-PTriumph Financial Inc Depositary Shares Series C$531MFinancial ServicesBanks - Regional-0.40
DMAADrugs Made In America Acquisition Corp$246MFinancial ServicesShell Companies-0.40
OACCOaktree Acquisition Corp III Life Sciences - Class A$205MFinancial ServicesShell Companies-0.40
GITSGlobal Interactive Technologies Inc Common Stock$7.86MCommunication ServicesInternet Content & Information-0.40
BYAHPark Ha Biological Technology Co Ltd$917KConsumer DefensiveHousehold & Personal Products-0.40
CAEPCantor Equity Partners III Inc - Class A$420MFinancial ServicesShell Companies-0.39
CHPGChampionsGate Acquisition Corp - Class A$78MFinancial ServicesShell Companies-0.39
NEE-P-SNextEra Energy Inc 7.299 Corporate Units$113BN/AN/A-0.39
JACSJackson Acquisition Company II Class A$247MFinancial ServicesShell Companies-0.39
FVNFuture Vision II Acquisition Corporation$63MFinancial ServicesShell Companies-0.39
DAAQUDigital Asset Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$55MFinancial ServicesShell Companies-0.38
LCCCRLakeshore Acquisition III Corp$349KN/AN/A-0.38
GELSGelteq Ltd$5.56MHealthcareDrug Manufacturers - Specialty & Generic-0.38
CUPRCuprina Holdings (Cayman) Ltd - Class A$11MHealthcareMedical Instruments & Supplies-0.38
AACBUArtius II Acquisition Inc - Units (1 Ord Shs & 1 Rts)$235MFinancial ServicesShell Companies-0.38

ETFs that lowly correlated with MDGL

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
BOXXALPHA ARCHITECT 1-3 MONTH BOX ETF $13B0.19%Dec 27, 2022-0.63
SMCYYIELDMAX(R) SMCI OPTION INCOME STRATEGY ETF $111M1.01%Sep 11, 2024-0.63
DGLOFIRST TRUST RBA DEGLOBALIZATION ETF $3.60M0.70%Aug 5, 2025-0.60
DVINWEBs Defined Volatility XLI ETF$313K0.89%Jul 22, 2025-0.59
LMTLDirexion Daily LMT Bull 2X ETF$8.40MN/AAug 5, 2025-0.52
DVREWEBs Defined Volatility XLRE ETF$244K0.89%Jul 22, 2025-0.52
RNTYYIELDMAX(R) TARGET 12(TM) REAL ESTATE OPTION INCOME ETF $6.30M0.99%Apr 16, 2025-0.51
DVXPWEBs Defined Volatility XLP ETF$251K0.89%Jul 22, 2025-0.50
GXPEGLOBAL X PURECAP MSCI ENERGY ETF $1.20M0.15%Jul 22, 2025-0.49
PLTZDefiance Daily Target 2x Short PLTR ETF$13MN/AJun 5, 2025-0.47
SMCXDEFIANCE DAILY TARGET 2X LONG SMCI ETF $154MN/AAug 21, 2024-0.47
BILTiShares Infrastructure Active ETF$32M0.60%Jul 29, 2025-0.45
USNGAMPLIFY SAMSUNG U.S. NATURAL GAS INFRASTRUCTURE ETF $7.40M0.59%May 19, 2025-0.43
DIVNHORIZON DIVIDEND INCOME ETF $191M0.70%Jun 25, 2025-0.43
TEXNISHARES TEXAS EQUITY ETF $17M0.20%Jun 23, 2025-0.41
STHHSTMICROELECTRONICS NV ADRHEDGED(TM) $7.50M0.19%Mar 13, 2025-0.41
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.41
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, 2025-0.41
ASMHASML HOLDING NV ADRHEDGED(TM) $6.80M0.19%Mar 13, 2025-0.41
QALTSEI DBI MULTI-STRATEGY ALTERNATIVE ETF $194M0.80%Jun 30, 2023-0.40
INTLMAIN INTERNATIONAL ETF $232M0.84%Dec 1, 2022-0.39
GXPSGLOBAL X PURECAP MSCI CONSUMER STAPLES ETF $59M0.15%Jul 22, 2025-0.39
FOWFPACER SOLACTIVE WHITNEY FUTURE OF WARFARE ETF $15M0.49%Dec 17, 2024-0.39
DVXBWEBs Defined Volatility XLB ETF$276K0.89%Jul 22, 2025-0.39
LRCUTradr 2X Long LRCX Daily ETF$79MN/AAug 18, 2025-0.38
ASGMVirtus ETF Trust II AlphaSimplex Global Macro$8.60M0.86%Aug 4, 2025-0.38
DVUTWEBS Defined Volatility XLU ETF$273K0.89%Jul 22, 2025-0.38
TCAITORTOISE AI INFRASTRUCTURE ETF $278M0.65%Aug 4, 2025-0.38