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33 Stocks and 67 ETFs for diversifying Tesla (TSLA)

The least correlated asset to Tesla (TSLA) is ETF CRSH (YIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF). The correlation is -0.9797.

Stocks that lowly correlated with TSLA

SymbolName
Market cap
SectorIndustry
Correlation
TFIN-PTriumph Financial Inc Depositary Shares Series C$531MFinancial ServicesBanks - Regional-0.79
LIONULionheart III Corp - Units (1 Ord Share Class A & 1/2 War)$113MN/AN/A-0.65
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.64
IOTRiOThree Ltd$13MCommunication ServicesTelecom Services-0.62
LWACLightWave Acquisition Corp - Class A$221MFinancial ServicesShell Companies-0.58
ETSElite Express Holding Inc - Class A$13MIndustrialsTrucking-0.55
JEM707 Cayman Holdings Ltd$3.49MConsumer CyclicalApparel Retail-0.53
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.51
GSHRGesher Acquisition Corp II - Class A$157MFinancial ServicesShell Companies-0.51
RNERUMount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt)$125MN/AN/A-0.51
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.45
TGEGeneration Essentials Group - Class A$370MFinancial ServicesAsset Management-0.45
CRECre8 Enterprise Ltd Class A$6.60MIndustrialsSpecialty Business Services-0.45
CURXCuranex Pharmaceuticals Inc$6.11MHealthcareBiotechnology-0.45
PGACPantages Capital Acquisition Corp Cl A Ord Shs$118MFinancial ServicesShell Companies-0.42
WYTCWytec International Inc$14MCommunications EquipmentInformation Technology-0.42
TGHLGrowhub Ltd (The) - Class A$19MTechnologySoftware - Infrastructure-0.42
CUPRCuprina Holdings (Cayman) Ltd - Class A$11MHealthcareMedical Instruments & Supplies-0.41
KCHVKochav Defense Acquisition Corp - Class A$263MFinancial ServicesShell Companies-0.41
SZZLSizzle Acquisition Corp II - Class A$245MFinancial ServicesShell Companies-0.41
IPCXInflection Point Acquisition Corp III - Class A$263MFinancial ServicesShell Companies-0.40
FIGXFIGX Capital Acquisition Corp - Class A$159MFinancial ServicesShell Companies-0.40
OMSEOMS Energy Technologies Inc$197MEnergyOil & Gas Equipment & Services-0.40
LINELineage Inc$9.99BReal EstateReit - Industrial-0.39
UBXGU-BX Technology Ltd$6.42MCommunication ServicesAdvertising Agencies-0.39
AFJKRAimei Health Technology Co Ltd$236KN/AN/A-0.39
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.39
YBYuanbao Inc$656MTechnologySoftware - Application-0.39
GLXGGalaxy Payroll Group Ltd$3.87MIndustrialsStaffing & Employment Services-0.38
PVLAPalvella Therapeutics Inc$2.18BHealthcareBiotechnology-0.37
WSBKWinchester Bancorp Inc$121MFinancial ServicesBanks - Regional-0.36
CPSRGelesis Holdings Inc - Class A$1.87BN/AN/A-0.36
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.35

ETFs that lowly correlated with TSLA

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $16M1.05%May 1, 2024-0.98
TSLSDirexion Daily TSLA Bear 1X Shares$66M0.95%Aug 8, 2022-0.97
TSDDGRANITESHARES 2X SHORT TSLA DAILY ETF $39MN/AAug 21, 2023-0.95
TSLZT-REX 2X INVERSE TESLA DAILY TARGET ETF $31MN/AOct 18, 2023-0.95
TSLQTradr 2X Short TSLA Daily ETF$114MN/AJul 13, 2022-0.90
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.76
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.62
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.59
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.58
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.58
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.57
ETHDProShares UltraShort Ether ETF$86MN/AJun 6, 2024-0.56
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $14M0.96%Aug 8, 2022-0.55
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.55
QCMDDirexion Daily QCOM Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.55
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.55
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.54
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $35M1.05%Jul 9, 2024-0.53
BTCZT-REX 2X INVERSE BITCOIN DAILY TARGET ETF $30MN/AJul 9, 2024-0.52
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.52
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.50
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.50
SBITProShares UltraShort Bitcoin ETF$219MN/AApr 1, 2024-0.50
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.48
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $10M1.02%Sep 6, 2022-0.47
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.47
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.47
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.47
PANGLEVERAGE SHARES 2X LONG PANW DAILY ETF $8.90MN/AMar 20, 2025-0.46
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.46
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.45
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.45
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.44
CONIGRANITESHARES 2X SHORT COIN DAILY ETF $16MN/ASep 4, 2024-0.43
EDGF3EDGE DYNAMIC FIXED INCOME ETF $479M0.79%Oct 2, 2024-0.43
SETHProShares Short Ether ETF$23M0.95%Nov 1, 2023-0.42
GGLSDirexion Daily GOOGL Bear 1X ETF$13M1.02%Sep 6, 2022-0.41
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.41
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.41
MSFDDIREXION DAILY MSFT BEAR 1X SHARES $11M1.02%Sep 6, 2022-0.41
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.41
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.41
SHRTGOTHAM SHORT STRATEGIES ETF $14M1.35%Jul 31, 2017-0.41
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.41
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.40
MSTZT-REX 2X INVERSE MSTR DAILY TARGET ETF $148MN/ASep 17, 2024-0.39
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.38
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.38
SMSTDEFIANCE DAILY TARGET 2X SHORT MSTR ETF $49MN/AAug 20, 2024-0.38
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.38
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.37
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.37
TUASIMPLIFY SHORT TERM TREASURY FUTURES STRATEGY ETF $751M0.25%Nov 14, 2022-0.37
LDDRStone Ridge 2035 Term Income ETF$42M0.25%Jan 3, 2025-0.34
LFBEStone Ridge 2065 Longevity Income ETF$3.20M0.25%Jan 3, 2025-0.34
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.34
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.34
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.34
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.34
PLTZDefiance Daily Target 2x Short PLTR ETF$13MN/AJun 5, 2025-0.34
MLDRGLOBAL X INTERMEDIATE-TERM TREASURY LADDER ETF $8.80M0.12%Sep 9, 2024-0.34
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $29MN/AJul 16, 2009-0.34
IBTPISHARES IBONDS DEC 2034 TERM TREASURY ETF $277M0.07%Jun 11, 2024-0.34
FPASFPA SHORT DURATION GOVERNMENT ETF $9.90M0.10%Oct 31, 2024-0.33
LDRTISHARES IBONDS 1-5 YEAR TREASURY LADDER ETF $132M0.07%Nov 7, 2024-0.33
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.33
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.33