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50 Stocks and 50 ETFs for diversifying MGE Energy (MGEE)

The least correlated asset to MGE Energy (MGEE) is company INLIF (INLF). The correlation is -0.7177.

Stocks that lowly correlated with MGEE

SymbolName
Market cap
SectorIndustry
Correlation
INLFINLIF Ltd$227KIndustrialsSpecialty Industrial Machinery-0.72
FGMCFG Merger II Corp$83MFinancial ServicesShell Companies-0.64
JLJ-Long Group Ltd$23MConsumer CyclicalApparel Manufacturing-0.63
DHCADHC Acquisition Corp - Class A$16MN/AN/A-0.59
RIBBRibbon Acquisition Corp$41MFinancial ServicesShell Companies-0.59
AKUSAkouos Inc$490MN/AN/A-0.55
YHNAYHN Acquisition I Ltd$63MFinancial ServicesShell Companies-0.52
CRCLCircle Internet Group Inc - Class A$16BFinancial ServicesCapital Markets-0.52
UYSCUUY Scuti Acquisition Corp - Units (1 Ord Shs & 1 Rts)$56MFinancial ServicesShell Companies-0.51
PCPremium Catering (Holdings) Ltd$30MIndustrialsSpecialty Business Services-0.50
TMUSLTMobile US Inc 6.250 Senior Notes due 2069$27BN/AN/A-0.49
BDMDBaird Medical Investment Holdings Ltd .$34MHealthcareMedical Devices-0.49
BCARBank of the Carolinas CORP$303MFinancial ServicesShell Companies-0.48
CGCTCartesian Growth Corporation III Class A Ordinary Shares$283MFinancial ServicesShell Companies-0.46
CVCapsoVision Inc$315MHealthcareMedical Devices-0.46
PSIGPS International Group Ltd$21MIndustrialsIntegrated Freight & Logistics-0.45
SRTAStrata Critical Medical Inc Cl A Com$462MHealthcareMedical Care Facilities-0.45
DYCQRDT Cloud Acquisition Corp$474KN/AN/A-0.45
OSTXOS Therapies Inc$61MHealthcareBiotechnology-0.44
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$18MFinancial ServicesShell Companies-0.43
TAVIUTavia Acquisition Corp - Units (1 Ord Shs & 1 Rts)$123MFinancial ServicesShell Companies-0.43
PNSkycorp Solar Group Ltd - Series A$91MTechnologySolar-0.42
SOLEmeren Group Ltd American Depositary Shares, each representing 10 shares$100MTechnologySolar-0.42
PTHSChannel Therapeutics Corporation$92MHealthcareBiotechnology-0.42
FLACFrazier Lifesciences Acquisition Corp - Class A$175MN/AN/A-0.41
HMCOUHumanCo Acquisition Corp - Units (1 Ord Class A & 1/2 War)$386MN/AN/A-0.41
STAIScanTech AI Systems Inc. Common stock$325KIndustrialsBuilding Products & Equipment-0.40
VEEAVeea Inc$9.93MTechnologyInformation Technology Services-0.40
JLHLJulong Holding Ltd - Class A$219MIndustrialsBuilding Products & Equipment-0.40
GPATUGP-Act III Acquisition Corp - Units (1 Ord Share Class A & 1/2 War)$69MFinancial ServicesShell Companies-0.40
STRCMicrostrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock$29BTechnologySoftware - Application-0.39
VCKAUScilex Holding Company - Units (1 Ord & 1/2 War)$37MN/AN/A-0.39
IPODDune Acquisition Corporation II Class A Ordinary Shares$150MFinancial ServicesShell Companies-0.38
FACTUFACT II Acquisition Corp - Units (1 Ord Class A & 1/2 War)$56MFinancial ServicesShell Companies-0.38
MBMasterbeef Group$69MConsumer CyclicalRestaurants-0.38
TVAIUThayer Ventures Acquisition Corp II - Units (1 Ord Cls A & 1 Rts)$9.15MFinancial ServicesShell Companies-0.37
GTERUGloba Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts)$53MFinancial ServicesShell Companies-0.37
LIONLionsgate Studios Corp - New$3.99BFinancial ServicesShell Companies-0.37
KBSXFST Corp$39MConsumer CyclicalLeisure-0.37
DTSQUDT Cloud Star Acquisition Corp - Units (1Ord & 1 Rts)$75MFinancial ServicesShell Companies-0.36
FGMCUFG Merger II Corp - Units (1 Ord & 1/2 War)$91MFinancial ServicesShell Companies-0.36
NNNNAnbio Biotechnology - Class A$398MHealthcareMedical Instruments & Supplies-0.36
YHNARYHN Acquisition I Ltd$193KN/AN/A-0.36
NETDNabors Energy Transition Corp II - Class A$73MFinancial ServicesShell Companies-0.36
COLAColumbus Acquisition Corp$34MFinancial ServicesShell Companies-0.35
MAGHMagnitude International Ltd$230MIndustrialsEngineering & Construction-0.35
MHMcGraw Hill Inc$1.95BConsumer DefensiveEducation & Training Services-0.35
NYAXNayax Ltd$2.63BTechnologySoftware - Infrastructure-0.35
TOPPToppoint Holdings Inc$15MIndustrialsTrucking-0.35
SVFAUSVF Investment Corp - Units (1 Ord Share Class A & 1/5 War)$766MN/AN/A-0.35

ETFs that lowly correlated with MGEE

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SDPProShares UltraShort Utilities -2x Shares$3.90MN/AJan 30, 2007-0.66
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.58
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.57
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.55
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.55
WTIPWISDOMTREE INFLATION PLUS FUND $21M0.65%Jun 16, 2025-0.52
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.51
TOAKTWIN OAK SHORT HORIZON ABSOLUTE RETURN ETF $91M0.25%Aug 19, 2024-0.49
MYCFSPDR SSGA MY2026 CORPORATE BOND ETF $48M0.15%Sep 23, 2024-0.47
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.46
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.46
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.45
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.45
RKLXDEFIANCE DAILY TARGET 2X LONG RKLB ETF $345MN/AMar 12, 2025-0.44
RBILF/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF $139M0.17%Feb 24, 2025-0.44
PLTGLEVERAGE SHARES 2X LONG PLTR DAILY ETF $23MN/AApr 24, 2025-0.43
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.43
NMAYInnovator Growth100 Power Buffer ETF May$64M0.79%Apr 30, 2025-0.43
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.43
QCMUDirexion Daily QCOM Bull 2X ETF$30MN/AJun 24, 2025-0.43
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.43
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.43
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.42
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.42
QCMLGRANITESHARES 2X LONG QCOM DAILY ETF $136MN/AFeb 12, 2025-0.42
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.41
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.41
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.41
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.41
EMEMSOPHUS CAPITAL EMERGING MARKET ETF $61M0.65%May 19, 2026-0.40
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.40
SMCYYIELDMAX(R) SMCI OPTION INCOME STRATEGY ETF $111M1.01%Sep 11, 2024-0.40
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.40
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.40
DKNXDEFIANCE DAILY TARGET 2X LONG DKNG ETF $5.40MN/AJul 30, 2025-0.39
CERYSTATE STREET(R) SPDR(R) BLOOMBERG ENHANCED ROLL YIELD COMMODITY STRATEGY NO K-1 ETF SPDR BLOOMBERG ENHANCED ROLL YIELD COMMODITY STRATEGY NO K-1 ETF$979M0.28%Sep 4, 2024-0.39
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.38
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.38
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.38
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.38
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.38
ORCXDEFIANCE DAILY TARGET 2X LONG ORCL ETF $204MN/AFeb 6, 2025-0.38
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.37
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.37
QQWZPACER CASH COWZ 100-NASDAQ 100 ROTATOR ETF $39M0.49%May 6, 2025-0.36
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $176M0.50%May 10, 2021-0.36
EDGH3EDGE DYNAMIC HARD ASSETS ETF $152M1.01%Oct 2, 2024-0.35
TRSYXTRACKERS US 0-1 YEAR TREASURY ETF $68M0.06%Oct 8, 2024-0.35
SMCXDEFIANCE DAILY TARGET 2X LONG SMCI ETF $154MN/AAug 21, 2024-0.35
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.35