Skip to main content

Want a detailed portfolio tracker?

OverviewPerformanceDividendsMetricsFinancialsETFsIndustryCorrelations
High CorrelationLow Correlation

30 Stocks and 70 ETFs for diversifying Sonic Automotive (SAH)

The least correlated asset to Sonic Automotive (SAH) is ETF HIBS (Direxion Daily S&P 500 High Beta Bear 3X Shares). The correlation is -0.6298.

Stocks that lowly correlated with SAH

SymbolName
Market cap
SectorIndustry
Correlation
MAMKMaxsMaking Inc - Class A$195MIndustrialsConglomerates-0.62
CHPGChampionsGate Acquisition Corp - Class A$78MFinancial ServicesShell Companies-0.62
LWACWLightWave Acquisition Corp - Warrants (06/06/2030)$178MN/AN/A-0.57
NAACUNorth Atlantic Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$482MN/AN/A-0.55
VNMEWVendome Acquisition Corporation I Warrant$2.70MN/AN/A-0.55
OFSSOOFS Capital Corp$341MN/AN/A-0.55
TACHTitan Acquisition Corp - Class A$288MFinancial ServicesShell Companies-0.53
HBNBHotel101 Global Holdings Corp$1.31BReal EstateReal Estate Services-0.53
SHMDSCHMID Group N.V. - Class A$215MIndustrialsSpecialty Industrial Machinery-0.53
OMHOhmyhome Ltd$8.22MReal EstateReal Estate Services-0.53
APADEnhanced Group Inc - Class A$161MFinancial ServicesShell Companies-0.51
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.51
SDHIRSiddhi Acquisition Corp$1.13MN/AN/A-0.49
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.48
CHACUCrane Harbor Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$72MFinancial ServicesShell Companies-0.46
SUGPSU Group Holdings Ltd - Class A$5.51MIndustrialsSecurity & Protection Services-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
GTERUGloba Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts)$53MFinancial ServicesShell Companies-0.43
PCPremium Catering (Holdings) Ltd$30MIndustrialsSpecialty Business Services-0.43
INACRIndigo Acquisition Corp Right$448KN/AN/A-0.43
SZZLRSizzle Acquisition Corp II$1.47MN/AN/A-0.43
APADUA Paradise Acquisition Corp Unit$67MFinancial ServicesShell Companies-0.42
JCAPJefferson Capital Inc$1.06BFinancial ServicesCredit Services-0.42
PVLAPalvella Therapeutics Inc$2.18BHealthcareBiotechnology-0.41
HONDHCM II Acquisition Corp. Class A Ordinary Shares$519MFinancial ServicesShell Companies-0.41
INACUIndigo Acquisition Corp - Units (1 Ord Shs & 1 Rts)$34MFinancial ServicesShell Companies-0.41
WTGURWintergreen Acquisition Corp$237KN/AN/A-0.41
NAMIJinxin Technology Holding Company$7.41MCommunication ServicesInternet Content & Information-0.41
SDHISiddhi Acquisition Corp - Class A$288MFinancial ServicesShell Companies-0.41

ETFs that lowly correlated with SAH

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.63
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.63
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.63
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.63
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.62
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.61
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.60
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.60
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.60
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.59
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.59
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.58
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.58
LDRTISHARES IBONDS 1-5 YEAR TREASURY LADDER ETF $132M0.07%Nov 7, 2024-0.57
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.57
SGVTSCHWAB GOVERNMENT MONEY MARKET ETF $770M0.28%Jun 11, 2025-0.57
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.57
KGLDKurv Gold Enhanced Income ETF$97M1.00%Jul 7, 2025-0.56
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $13MN/AMar 31, 2025-0.56
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.56
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.56
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.56
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.55
PALDDirexion Daily PANW Bear 1X Shares$1.80M1.02%Feb 10, 2025-0.55
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.55
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.55
CONIGRANITESHARES 2X SHORT COIN DAILY ETF $16MN/ASep 4, 2024-0.55
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.55
BESFBASTION ENERGY ETF $33M0.80%Jun 3, 2025-0.54
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.54
IAUINEOS GOLD HIGH INCOME ETF $448M0.79%Jun 4, 2025-0.54
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $35M1.05%Jul 9, 2024-0.54
HECAHEDGEYE CAPITAL ALLOCATION ETF $312M1.30%Jun 30, 2025-0.54
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.53
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.52
FPASFPA SHORT DURATION GOVERNMENT ETF $9.90M0.10%Oct 31, 2024-0.51
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.51
RTXGLeverage Shares 2X Long RTX Daily ETF$4.50MN/AJun 5, 2025-0.51
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.49
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.49
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.48
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.48
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.48
LDDRStone Ridge 2035 Term Income ETF$42M0.25%Jan 3, 2025-0.48
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.47
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.46
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.46
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.46
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.46
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.46
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.45
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.45
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.45
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.45
WZRDOpportunistic Trader ETF$976K1.00%Jun 24, 2025-0.45
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.44
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.44
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.44
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.44
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.43
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.43
TLTXGLOBAL X TREASURY BOND ENHANCED INCOME ETF $14M0.29%Jul 15, 2025-0.43
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.43
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.42
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.42
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.42
BLSTBLUEMONTE SHORT TERM BOND ETF $167M0.23%Jun 20, 2025-0.42
ETHDProShares UltraShort Ether ETF$86MN/AJun 6, 2024-0.41
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$895MN/ANov 24, 2008-0.41
BRKUDIREXION DAILY BRKB BULL 2X SHARES $45MN/ADec 10, 2024-0.41