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34 Stocks and 66 ETFs for diversifying Monolithic Power System (MPWR)

The least correlated asset to Monolithic Power System (MPWR) is company Shoulder Innovations (SI). The correlation is -0.7079.

Stocks that lowly correlated with MPWR

SymbolName
Market cap
SectorIndustry
Correlation
SIShoulder Innovations Inc$452MN/AN/A-0.71
PLBLPolibeli Group Ltd$2.84BConsumer CyclicalDepartment Stores-0.68
TPETTrio Petroleum Corp$13MEnergyOil & Gas E&p-0.53
PGACPantages Capital Acquisition Corp Cl A Ord Shs$118MFinancial ServicesShell Companies-0.52
FIGXUFIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$35MFinancial ServicesShell Companies-0.52
NIQNIQ Global Intelligence plc$3.24BN/AN/A-0.51
OYSEOyster Enterprises II Acquisition Corp$268MFinancial ServicesShell Companies-0.50
MDCXMDCorp$14MHealthcareDrug Manufacturers - General-0.50
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.49
AZIAutozi Internet Technology (Global) Ltd - Class A$9.05MConsumer CyclicalAuto & Truck Dealerships-0.49
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.47
ASICAtegrity Specialty Holdings LLC$1.08BFinancial ServicesInsurance - Property & Casualty-0.47
RNERUMount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt)$125MN/AN/A-0.46
RIBBRRibbon Acquisition Corp Rights$277KN/AN/A-0.46
LIONULionheart III Corp - Units (1 Ord Share Class A & 1/2 War)$113MN/AN/A-0.46
BOWBowhead Specialty Holdings Inc$982MFinancial ServicesInsurance - Property & Casualty-0.46
HPAIHelport AI Ltd$21MTechnologySoftware - Infrastructure-0.46
FBLGFibroBiologics Inc$3.18MHealthcareBiotechnology-0.45
LHAILinkhome Holdings Inc$19MReal EstateReal Estate Services-0.44
BACCBlue Acquisition Corp - Class A$214MFinancial ServicesShell Companies-0.44
PNSkycorp Solar Group Ltd - Series A$91MTechnologySolar-0.43
GIBOGIBO Holdings Ltd$106MCommunication ServicesInternet Content & Information-0.43
CARLCarlsmed Inc$301MHealthcareHealth Information Services-0.42
MHMcGraw Hill Inc$1.95BConsumer DefensiveEducation & Training Services-0.42
LGPSLogProstyle Inc$26MIndustrialsConglomerates-0.42
TTANServiceTitan Inc - Class A$7.44BTechnologySoftware - Application-0.41
AKUSAkouos Inc$490MN/AN/A-0.41
EHGOEshallgo Inc - Class A$3.67MIndustrialsBusiness Equipment & Supplies-0.40
SDHIRSiddhi Acquisition Corp$1.13MN/AN/A-0.39
HNGEHinge Health Inc - Class A$6.74BHealthcareHealth Information Services-0.38
ORIQUOrigin Investment Corp I - Units (1 Ord Cls & 1/2 War)$22MFinancial ServicesShell Companies-0.38
DXYZDestiny Tech100 Inc$629MFinancial ServicesAsset Management-0.37
DLXYDelixy Holdings Ltd$7.64MEnergyOil & Gas Refining & Marketing-0.37
TWFGTWFG Inc - Class A$380MFinancial ServicesInsurance Brokers-0.37

ETFs that lowly correlated with MPWR

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.66
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.64
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.60
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.60
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.60
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.60
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.57
NOWLGRANITESHARES 2X LONG NOW DAILY ETF $286MN/AJul 14, 2025-0.57
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.56
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.56
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.56
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.55
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.55
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.55
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.54
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.54
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.53
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.52
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.52
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.52
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.52
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.51
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.51
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.51
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.50
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $16M1.03%Feb 11, 2025-0.50
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.50
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $13MN/AMar 31, 2025-0.49
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.49
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.49
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.49
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.49
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.48
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.48
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.47
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.47
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $61MN/AAug 21, 2023-0.47
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.46
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.46
WNTRYieldMax Short MSTR Option Income Strategy ETF$81M1.00%Mar 26, 2025-0.46
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.46
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $14M0.96%Aug 8, 2022-0.46
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.46
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.46
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.46
NVDQT-REX 2X INVERSE NVIDIA DAILY TARGET ETF $22MN/AOct 18, 2023-0.45
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $19M1.01%Sep 12, 2023-0.45
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.44
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.44
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.44
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.44
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.43
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.43
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.43
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.43
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.42
RTXGLeverage Shares 2X Long RTX Daily ETF$4.50MN/AJun 5, 2025-0.41
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $176M0.50%May 10, 2021-0.41
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.39
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.39
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.39
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $274M1.04%Sep 30, 2021-0.38
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.37
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.37
BIGYYIELDMAX(R) TARGET 12(TM) BIG 50 OPTION INCOME ETF $47M1.09%Nov 20, 2024-0.37
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.37