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34 Stocks and 66 ETFs for diversifying Magna International (MGA)

The least correlated asset to Magna International (MGA) is ETF SBB (ProShares Short SmallCap600 -1x Shares). The correlation is -0.7642.

Stocks that lowly correlated with MGA

SymbolName
Market cap
SectorIndustry
Correlation
CTWCTW Cayman - Class A$147MCommunication ServicesElectronic Gaming & Multimedia-0.72
QUMSUQuantumsphere Acquisition Corp - Units (1 Ord Shs & 1 Rts)$33MFinancial ServicesShell Companies-0.64
BLSHBullish$3.80BTechnologySoftware - Infrastructure-0.59
BMGLBasel Medical Group Ltd$9.61MHealthcareMedical Care Facilities-0.54
DGNXDiginex Ltd$28MIndustrialsConsulting Services-0.54
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.53
EPWKEPWK Holdings Ltd - Class A$9.78KTechnologySoftware - Application-0.53
AIIAmerican Integrity Insurance Group Inc$358MFinancial ServicesInsurance - Property & Casualty-0.52
SAFXXCF Global Inc$145MUtilitiesUtilities - Renewable-0.52
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.52
SSEAUStarry Sea Acquisition Corp - Units (1 Ord Shs & 1/6 Rts)$19MFinancial ServicesShell Companies-0.52
OMDAOmada Health Inc$1.41BHealthcareHealth Information Services-0.51
EMPDEmpery Digital Inc$98MConsumer CyclicalAuto Manufacturers-0.50
WTGWintergreen Acquisition Corp$58MFinancial ServicesShell Companies-0.50
RAAQReal Asset Acquisition Corp - Class A$231MFinancial ServicesShell Companies-0.48
SLDESlide Insurance Holdings Inc$2.32BFinancial ServicesInsurance - Property & Casualty-0.47
CCCXChurchill Capital Corp X - Class A$570MFinancial ServicesShell Companies-0.46
GIBOGIBO Holdings Ltd$106MCommunication ServicesInternet Content & Information-0.46
INACRIndigo Acquisition Corp Right$448KN/AN/A-0.46
FLACFrazier Lifesciences Acquisition Corp - Class A$175MN/AN/A-0.45
GAUZGauzy Ltd$7.44MTechnologyElectronic Components-0.45
LHAILinkhome Holdings Inc$19MReal EstateReal Estate Services-0.44
BDMDBaird Medical Investment Holdings Ltd .$34MHealthcareMedical Devices-0.44
IPCXInflection Point Acquisition Corp III - Class A$263MFinancial ServicesShell Companies-0.44
TLXTelix Pharmaceuticals Ltd$3.82BHealthcareBiotechnology-0.43
VCKAUScilex Holding Company - Units (1 Ord & 1/2 War)$37MN/AN/A-0.43
FIGFigma Inc - Class A$12BTechnologySoftware - Application-0.43
NPACNew Providence Acquisition Corp III - Class A$398MFinancial ServicesShell Companies-0.43
CCIIWCohen Circle Acquisition Corp II - Warrants(01/07/2030)$3.81MN/AN/A-0.42
DAAQDigital Asset Acquisition Corp - Class A$180MFinancial ServicesShell Companies-0.42
HVMCUHighview Merger Corp - Units (1 Ord Cls A & 1/2 War)$52MFinancial ServicesShell Companies-0.42
WAYWaystar Holding Corp$4.35BHealthcareHealth Information Services-0.41
ETSElite Express Holding Inc - Class A$13MIndustrialsTrucking-0.41
UBXGU-BX Technology Ltd$6.42MCommunication ServicesAdvertising Agencies-0.40

ETFs that lowly correlated with MGA

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.76
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.76
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.76
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.75
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.75
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.75
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.74
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.73
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.72
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.70
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.70
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.69
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.69
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.69
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.69
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.68
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.68
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.68
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.68
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.67
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.67
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.66
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.65
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.65
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.65
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.65
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.64
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.64
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.64
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.63
SHPUDIREXION DAILY SHOP BULL 2X ETF $15MN/AAug 5, 2025-0.63
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.62
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.61
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.60
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.58
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.57
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.56
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.56
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.56
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.56
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.55
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.54
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.54
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.54
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.54
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.52
SHRTGOTHAM SHORT STRATEGIES ETF $14M1.35%Jul 31, 2017-0.52
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.50
WTIDBank of Montreal$18MN/AFeb 16, 2023-0.50
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.50
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.50
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.50
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.49
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.49
BFJLFT VEST BITCOIN STRATEGY FLOOR15 ETF - JULY $3.30M0.90%Jun 27, 2025-0.48
CXRNTEUCRIUM 2X DAILY CORN ETF $4MN/ADec 12, 2024-0.47
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.46
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$895MN/ANov 24, 2008-0.45
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.44
CBTYCalamos Bitcoin 80 Series Structured Alt Protection ETF July$11M0.69%Jul 7, 2025-0.43
OILDBank of Montreal$53MN/ANov 8, 2021-0.43
XLUISTATE STREET(R) UTILITIES SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $22M0.35%Jul 29, 2025-0.43
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.43
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.42
CBXYCalamos Bitcoin 90 Series Structured Alt Protection ETF July$5.50M0.69%Jul 7, 2025-0.41
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.41