22 Stocks and 78 ETFs for diversifying Magnolia Oil & Gas (MGY)
The least correlated asset to Magnolia Oil & Gas (MGY) is ETF OILD (Bank of Montreal). The correlation is -0.8345.
Stocks that lowly correlated with MGY
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| NSRX | Nasus Pharma Ltd | $28M | Healthcare | Drug Manufacturers - General | -0.67 |
| RAL | RALSTON PURINA CO | $7.56B | Technology | Electronic Components | -0.66 |
| THH | TryHard Holdings Ltd | $12M | Industrials | Specialty Business Services | -0.63 |
| IBG | Innovation Beverage Group Ltd | $1.60M | Consumer Defensive | Beverages - Wineries & Distilleries | -0.63 |
| CTWO | COtwo Advisors Physical European Carbon Allowance Trust | $1.85M | N/A | N/A | -0.62 |
| KYIV | Kyivstar Group Ltd | $3.48B | Communication Services | Telecom Services | -0.58 |
| BBOT | BridgeBio Oncology Therapeutics Inc Com | $674M | Healthcare | Biotechnology | -0.57 |
| FIGXU | FIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War) | $35M | Financial Services | Shell Companies | -0.55 |
| BACC | Blue Acquisition Corp - Class A | $214M | Financial Services | Shell Companies | -0.55 |
| GRAN | Grande Group Ltd - Class A | $35M | Financial Services | Capital Markets | -0.54 |
| LGPS | LogProstyle Inc | $26M | Industrials | Conglomerates | -0.53 |
| LHSW | Lianhe Sowell International Group Ltd | $7.03M | Technology | Software - Infrastructure | -0.53 |
| HSPTU | Horizon Space Acquisition II Corp - Unit (1 Ordinary share & 1 Rts) | $11M | Financial Services | Shell Companies | -0.53 |
| RYOJ | rYojbaba Co. Ltd | $51M | Industrials | Consulting Services | -0.53 |
| LHAI | Linkhome Holdings Inc | $19M | Real Estate | Real Estate Services | -0.52 |
| HCHL | Happy City Holdings Ltd - Class A | $59M | Consumer Cyclical | Restaurants | -0.50 |
| ONCHU | 1RT Acquisition Corp - Units (1 Ord Cls A & 1 War) | $39M | Financial Services | Shell Companies | -0.50 |
| BACQ | Bleichroeder Acquisition Corp I - Class A | $545M | Financial Services | Shell Companies | -0.49 |
| BGM | Qilian International Holding Group Ltd - Class A | $7.45M | Healthcare | Drug Manufacturers - Specialty & Generic | -0.48 |
| GTEN | Gores Holdings X Inc - Class A | $471M | Financial Services | Shell Companies | -0.48 |
| SPEGU | Silver Pegasus Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $35M | Financial Services | Shell Companies | -0.47 |
| DXST | Decent Holding Inc | $1.65M | Industrials | Waste Management | -0.47 |