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High CorrelationLow Correlation

25 Stocks and 75 ETFs for diversifying Sonic Automotive (SAH)

The least correlated asset to Sonic Automotive (SAH) is ETF MSDD (GRANITESHARES 2X SHORT MSTR DAILY ETF). The correlation is -0.6786.

Stocks that lowly correlated with SAH

SymbolName
Market cap
SectorIndustry
Correlation
CHPGChampionsGate Acquisition Corp - Class A$77MFinancial ServicesShell Companies-0.64
TACHTitan Acquisition Corp - Class A$286MFinancial ServicesShell Companies-0.64
SDHIRSiddhi Acquisition Corp$1.38MN/AN/A-0.60
FIGXUFIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$35MFinancial ServicesShell Companies-0.56
JCAPJefferson Capital Inc$950MFinancial ServicesCredit Services-0.55
CRAQCal Redwood Acquisition Corp$320MFinancial ServicesShell Companies-0.55
NAACUNorth Atlantic Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$482MN/AN/A-0.55
HBNBHotel101 Global Holdings Corp$1.36BReal EstateReal Estate Services-0.54
SZZLRSizzle Acquisition Corp II$1.07MN/AN/A-0.52
SHMDSCHMID Group N.V. - Class A$300MIndustrialsSpecialty Industrial Machinery-0.51
OMHOhmyhome Ltd$24MReal EstateReal Estate Services-0.50
SDHISiddhi Acquisition Corp - Class A$287MFinancial ServicesShell Companies-0.48
CHACUCrane Harbor Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$72MFinancial ServicesShell Companies-0.46
PCPremium Catering (Holdings) Ltd$30MIndustrialsSpecialty Business Services-0.46
LCCCRLakeshore Acquisition III Corp$500KN/AN/A-0.45
VCKAUScilex Holding Company - Units (1 Ord & 1/2 War)$37MN/AN/A-0.44
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.43
PVLAPalvella Therapeutics Inc$1.66BHealthcareBiotechnology-0.43
ANROAlto Neuroscience Inc$715MHealthcareBiotechnology-0.43
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.43
HONDHCM II Acquisition Corp. Class A Ordinary Shares$519MFinancial ServicesShell Companies-0.41
LGPSLogProstyle Inc$16MIndustrialsConglomerates-0.39
KMTSKestra Medical Technologies Ltd$1.23BHealthcareMedical Instruments & Supplies-0.38
JFBJFB Construction Holdings$69MReal EstateReal Estate - Development-0.37
BKHAUBlack Hawk Acquisition Corp - Units (1 Ord Share Cls A & 1/5 Rts )$39MFinancial ServicesShell Companies-0.37

ETFs that lowly correlated with SAH

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
MSDDGRANITESHARES 2X SHORT MSTR DAILY ETF $1MN/AJun 9, 2025-0.68
RTXGLeverage Shares 2X Long RTX Daily ETF$4MN/AJun 5, 2025-0.66
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $4.80MN/AMar 31, 2025-0.65
METDDIREXION DAILY META BEAR 1X SHARES $8.60M1.02%Jun 5, 2024-0.64
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.63
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.63
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.63
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.63
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $14M1.11%Aug 14, 2024-0.62
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.62
CONIGRANITESHARES 2X SHORT COIN DAILY ETF $17MN/ASep 4, 2024-0.61
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.60
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.60
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.59
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.59
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $39M1.05%Jul 9, 2024-0.59
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.59
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.58
WNTRYieldMax Short MSTR Option Income Strategy ETF$72M1.00%Mar 26, 2025-0.58
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.57
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.57
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.20MN/AMay 15, 2024-0.57
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.56
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.56
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $9.80M1.05%Jul 23, 2024-0.56
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.56
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.56
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.55
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.55
AVSDIREXION DAILY AVGO BEAR 1X SHARES $6.90M1.03%Oct 9, 2024-0.55
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.54
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.54
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.52
BTCZT-REX 2X INVERSE BITCOIN DAILY TARGET ETF $26MN/AJul 9, 2024-0.52
SBITProShares UltraShort Bitcoin ETF$183MN/AApr 1, 2024-0.52
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.52
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.51
IAUINEOS GOLD HIGH INCOME ETF $427M0.79%Jun 4, 2025-0.51
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $23M0.50%Mar 6, 2024-0.51
PALDDirexion Daily PANW Bear 1X Shares$2.40M1.02%Feb 10, 2025-0.50
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.49
BRKUDIREXION DAILY BRKB BULL 2X SHARES $58MN/ADec 10, 2024-0.49
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.49
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.48
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.48
FPASFPA SHORT DURATION GOVERNMENT ETF $6.90M0.10%Oct 31, 2024-0.48
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.48
MSTZT-REX 2X INVERSE MSTR DAILY TARGET ETF $110MN/ASep 17, 2024-0.47
ETHDProShares UltraShort Ether ETF$84MN/AJun 6, 2024-0.47
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.47
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.46
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.46
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.45
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.45
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.45
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.45
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.45
SMSTDEFIANCE DAILY TARGET 2X SHORT MSTR ETF $31MN/AAug 20, 2024-0.45
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.45
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.45
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.44
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.44
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.43
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.43
NFXSDIREXION DAILY NFLX BEAR 1X SHARES $5M1.03%Oct 2, 2024-0.43
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.42
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $40MN/ANov 6, 2008-0.42
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$1.10BN/ANov 24, 2008-0.42
ILSBROOKMONT CATASTROPHIC BOND ETF $75M1.58%Mar 31, 2025-0.40
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.40
OILDBank of Montreal$19MN/ANov 8, 2021-0.40
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.40
SETHProShares Short Ether ETF$16M0.95%Nov 1, 2023-0.39
QCMDDirexion Daily QCOM Bear 1X ETF$2M1.00%Jun 24, 2025-0.37
VTELVanguard LongTerm TaxExempt Bond ETF$259M0.09%May 20, 2025-0.37