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45 Stocks and 55 ETFs for diversifying MagnaChip Semiconductor (MX)

The least correlated asset to MagnaChip Semiconductor (MX) is ETF IONZ (Defiance Daily Target 2x Short IONQ ETF). The correlation is -0.7638.

Stocks that lowly correlated with MX

SymbolName
Market cap
SectorIndustry
Correlation
JCAPJefferson Capital Inc$1.06BFinancial ServicesCredit Services-0.68
GLIBKGCI Liberty Inc$877MCommunication ServicesTelecom Services-0.63
APADEnhanced Group Inc - Class A$161MFinancial ServicesShell Companies-0.60
FLACFrazier Lifesciences Acquisition Corp - Class A$175MN/AN/A-0.53
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.49
GSHRGesher Acquisition Corp II - Class A$157MFinancial ServicesShell Companies-0.49
HMCOHumanCo Acquisition Corp - Class A$387MN/AN/A-0.48
TSIBUTishman Speyer Innovation Corp II - Units (1 Ord Share Class A & 1/5 War)$301MN/AN/A-0.48
GIGGigCapital7 Corp - Class A$353MFinancial ServicesShell Companies-0.48
GIBOGIBO Holdings Ltd$106MCommunication ServicesInternet Content & Information-0.48
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.47
BBOTBridgeBio Oncology Therapeutics Inc Com$674MHealthcareBiotechnology-0.47
APADUA Paradise Acquisition Corp Unit$67MFinancial ServicesShell Companies-0.45
PVLAPalvella Therapeutics Inc$2.18BHealthcareBiotechnology-0.45
RAAQReal Asset Acquisition Corp - Class A$231MFinancial ServicesShell Companies-0.45
NVSAUNew Vista Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$350MN/AN/A-0.45
AIIAmerican Integrity Insurance Group Inc$358MFinancial ServicesInsurance - Property & Casualty-0.44
VCICUVine Hill Capital Investment Corp - Units (1 Ord Class A & 1/2 War)$75MFinancial ServicesShell Companies-0.44
JCICUJack Creek Investment Corp - Units (1 Ord Share Class A & 1/2 War)$432MN/AN/A-0.43
MENSJyong Biotech Ltd$174MHealthcareBiotechnology-0.42
HYACHaymaker Acquisition Corp. 4$330MFinancial ServicesShell Companies-0.42
GSRMBitcoin Depot Inc - Class A$54MN/AN/A-0.41
ONCHU1RT Acquisition Corp - Units (1 Ord Cls A & 1 War)$39MFinancial ServicesShell Companies-0.41
LHAILinkhome Holdings Inc$19MReal EstateReal Estate Services-0.40
EMBCEmbecta Corp$191MHealthcareMedical Instruments & Supplies-0.40
AHRAmerican Healthcare REIT Inc$10BReal EstateReit - Healthcare Facilities-0.39
PLBLPolibeli Group Ltd$2.84BConsumer CyclicalDepartment Stores-0.38
CCVChurchill Capital Corp V - Class A$284MN/AN/A-0.38
NAACUNorth Atlantic Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$482MN/AN/A-0.38
LSBKLake Shore Bancorp Inc$134MFinancial ServicesBanks - Regional-0.38
CRAQCal Redwood Acquisition Corp$320MFinancial ServicesShell Companies-0.38
ZBIOZenas Biopharma Inc$1.83BHealthcareBiotechnology-0.38
CHACUCrane Harbor Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$72MFinancial ServicesShell Companies-0.37
JBSJBS N.V. - Class A$13BConsumer DefensivePackaged Foods-0.37
EMPGEmpro Group Inc$139MHealthcareMedical Distribution-0.36
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.36
QETARQuetta Acquisition Corp$1.43MN/AN/A-0.36
DTSQRDT Cloud Star Acquisition Corp$290KN/AN/A-0.36
FVNNRFuture Vision II Acquisition Corporation Right$341KN/AN/A-0.35
WTGURWintergreen Acquisition Corp$237KN/AN/A-0.35
SUPXSuper X AI Technology Ltd$228MTechnologySoftware - Infrastructure-0.34
LWACLightWave Acquisition Corp - Class A$221MFinancial ServicesShell Companies-0.34
GETGetnetAdquirencia e Servicos para Meios de Pagamento S.A. - Instituica$88MN/AN/A-0.34
BACCBlue Acquisition Corp - Class A$214MFinancial ServicesShell Companies-0.34
LGPSLogProstyle Inc$26MIndustrialsConglomerates-0.33

ETFs that lowly correlated with MX

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.76
QCMDDirexion Daily QCOM Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.68
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $13MN/AMar 31, 2025-0.66
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.64
CSCSDirexion Daily CSCO Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.64
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.62
RTXGLeverage Shares 2X Long RTX Daily ETF$4.50MN/AJun 5, 2025-0.61
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.58
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.57
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.49
NTRLFirst Trust Equity Market Neutral ETF$19M0.95%Feb 4, 2020-0.49
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.49
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.48
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $16M1.03%Feb 11, 2025-0.47
PDDLGRANITESHARES 2X LONG PDD DAILY ETF $7.60MN/AJul 14, 2025-0.47
PALDDirexion Daily PANW Bear 1X Shares$1.80M1.02%Feb 10, 2025-0.46
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.46
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.44
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.44
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.42
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.41
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.41
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.41
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.40
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.40
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.40
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.39
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.39
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.39
RBLYYIELDMAX(R) RBLX OPTION INCOME STRATEGY ETF $2.40M0.99%Jul 28, 2025-0.38
SHRTGOTHAM SHORT STRATEGIES ETF $14M1.35%Jul 31, 2017-0.38
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.38
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.38
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.38
LDDRStone Ridge 2035 Term Income ETF$42M0.25%Jan 3, 2025-0.38
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.38
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.38
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.38
XLUISTATE STREET(R) UTILITIES SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $22M0.35%Jul 29, 2025-0.37
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.37
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.37
CUSDCrossingBridge Ultra-Short Duration ETFN/A0.81%Sep 20, 2021-0.37
FPASFPA SHORT DURATION GOVERNMENT ETF $9.90M0.10%Oct 31, 2024-0.36
DEFRAPTUS DEFERRED INCOME ETF$139M0.79%May 13, 2025-0.36
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.36
TIPDNORTHERN TRUST 2055 INFLATION-LINKED DISTRIBUTING LADDER ETF $2M0.10%Aug 18, 2025-0.35
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.35
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.35
LDRTISHARES IBONDS 1-5 YEAR TREASURY LADDER ETF $132M0.07%Nov 7, 2024-0.34
DVUTWEBS Defined Volatility XLU ETF$273K0.89%Jul 22, 2025-0.34
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.34
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.34
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.33
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.33
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.33