Skip to main content

Want a detailed portfolio tracker?

36 Stocks and 64 ETFs for diversifying Magna International (MGA)

The least correlated asset to Magna International (MGA) is ETF DWSH (ADVISORSHARES DORSEY WRIGHT SHORT ETF). The correlation is -0.7638.

Stocks that lowly correlated with MGA

SymbolName
Market cap
SectorIndustry
Correlation
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.66
CRCLCircle Internet Group Inc - Class A$25BFinancial ServicesCapital Markets-0.55
EPWKEPWK Holdings Ltd - Class A$9.78KTechnologySoftware - Application-0.55
BMGLBasel Medical Group Ltd$11MHealthcareMedical Care Facilities-0.54
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.53
DGNXDiginex Ltd$31MIndustrialsConsulting Services-0.53
TMDETMD Energy Ltd$18MEnergyOil & Gas Midstream-0.52
SAFXXCF Global Inc$126MUtilitiesUtilities - Renewable-0.52
STRZStarz Entertainment Corp$380MCommunication ServicesEntertainment-0.52
CHAChagee Holdings Ltd$1.65BConsumer CyclicalRestaurants-0.50
GAUZGauzy Ltd$12MTechnologyElectronic Components-0.50
NPACNew Providence Acquisition Corp III - Class A$397MFinancial ServicesShell Companies-0.46
WETOWebus International Ltd$11MTechnologySoftware - Infrastructure-0.46
DFSCDEFSEC Technologies Inc Com$8.73MIndustrialsAerospace & Defense-0.45
FLACFrazier Lifesciences Acquisition Corp - Class A$175MN/AN/A-0.45
BDMDBaird Medical Investment Holdings Ltd .$44MHealthcareMedical Devices-0.45
OMDAOmada Health Inc$975MHealthcareHealth Information Services-0.44
AIIAmerican Integrity Insurance Group Inc$328MFinancial ServicesInsurance - Property & Casualty-0.44
HONDWHCM II Acquisition Corp. Warrant$202MN/AN/A-0.44
MASK3 E Network Technology Group Ltd - Class A$1.60MTechnologySoftware - Application-0.43
BYAHPark Ha Biological Technology Co Ltd$917KConsumer DefensiveHousehold & Personal Products-0.43
VCKAUScilex Holding Company - Units (1 Ord & 1/2 War)$37MN/AN/A-0.43
IPCXInflection Point Acquisition Corp III - Class A$261MFinancial ServicesShell Companies-0.41
UBXGU-BX Technology Ltd$37MTechnologySoftware - Infrastructure-0.40
TLXTelix Pharmaceuticals Ltd$3.30BHealthcareBiotechnology-0.40
LOARLoar Holdings Inc$5.82BIndustrialsAerospace & Defense-0.40
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.39
DAAQDigital Asset Acquisition Corp - Class A$178MFinancial ServicesShell Companies-0.39
BGMQilian International Holding Group Ltd - Class A$7.45MHealthcareDrug Manufacturers - Specialty & Generic-0.39
HCHLHappy City Holdings Ltd - Class A$59MConsumer CyclicalRestaurants-0.39
WYHGWing Yip Food Holdings Group Ltd$43MConsumer DefensivePackaged Foods-0.39
ZSPCZspace Inc$2.96MTechnologyComputer Hardware-0.39
NTCLNetClass Technology Inc - Class A$8.13MTechnologySoftware - Application-0.39
WAYWaystar Holding Corp$3.65BHealthcareHealth Information Services-0.38
RDAGRepublic Digital Acquisition Co. - Class A$310MFinancial ServicesShell Companies-0.38
GIBOGIBO Holdings Ltd$42MCommunication ServicesInternet Content & Information-0.38

ETFs that lowly correlated with MGA

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.76
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.76
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.76
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.75
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.74
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.74
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.73
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.73
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.71
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.70
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.70
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.69
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.69
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.69
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.68
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.68
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.68
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.67
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.66
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.66
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.66
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.65
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.65
NFLWROUNDHILL NFLX WEEKLYPAY ETF $16MN/AJun 17, 2025-0.65
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.64
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.63
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.63
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.62
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.62
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.60
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.58
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.58
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.58
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.57
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.56
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.56
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.55
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.55
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.54
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.54
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.54
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.52
WTIDBank of Montreal$6.60MN/AFeb 16, 2023-0.51
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.50
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.50
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $40MN/ANov 6, 2008-0.50
SHRTGOTHAM SHORT STRATEGIES ETF $17M1.35%Jul 31, 2017-0.50
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.49
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.49
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.48
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$1.10BN/ANov 24, 2008-0.46
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.46
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.45
OILDBank of Montreal$19MN/ANov 8, 2021-0.44
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.44
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $23M0.50%Mar 6, 2024-0.44
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.42
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.42
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $9.80M1.05%Jul 23, 2024-0.42
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.41
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $14M1.11%Aug 14, 2024-0.40
YXIProShares Short FTSE China 50 -1x Shares$4.30M0.95%Mar 16, 2010-0.39
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $396M0.51%Dec 18, 2013-0.38
FXPProShares UltraShort FTSE China 50 -2x Shares$5.60MN/ANov 6, 2007-0.38