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35 Stocks and 65 ETFs for diversifying Ternium S.A. (TX)

The least correlated asset to Ternium S.A. (TX) is ETF MUD (Direxion Daily MU Bear 1X Shares). The correlation is -0.7134.

Stocks that lowly correlated with TX

SymbolName
Market cap
SectorIndustry
Correlation
GIBOGIBO Holdings Ltd$106MCommunication ServicesInternet Content & Information-0.59
FLACFrazier Lifesciences Acquisition Corp - Class A$175MN/AN/A-0.58
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.57
ASICAtegrity Specialty Holdings LLC$1.08BFinancial ServicesInsurance - Property & Casualty-0.56
RAAQReal Asset Acquisition Corp - Class A$231MFinancial ServicesShell Companies-0.54
WAYWaystar Holding Corp$4.35BHealthcareHealth Information Services-0.53
ETSElite Express Holding Inc - Class A$13MIndustrialsTrucking-0.51
SAFXXCF Global Inc$145MUtilitiesUtilities - Renewable-0.50
JCICUJack Creek Investment Corp - Units (1 Ord Share Class A & 1/2 War)$432MN/AN/A-0.49
CCVChurchill Capital Corp V - Class A$284MN/AN/A-0.49
SVFAUSVF Investment Corp - Units (1 Ord Share Class A & 1/5 War)$766MN/AN/A-0.49
LHAILinkhome Holdings Inc$19MReal EstateReal Estate Services-0.49
RNERUMount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt)$125MN/AN/A-0.48
AIIAmerican Integrity Insurance Group Inc$358MFinancial ServicesInsurance - Property & Casualty-0.48
TSIBUTishman Speyer Innovation Corp II - Units (1 Ord Share Class A & 1/5 War)$301MN/AN/A-0.47
LGPSLogProstyle Inc$26MIndustrialsConglomerates-0.45
HMCOHumanCo Acquisition Corp - Class A$387MN/AN/A-0.44
IPXXUUSA Rare Earth Inc - Units (1 Ord Class A & 1/2 Warr)$66MN/AN/A-0.43
VCKAUScilex Holding Company - Units (1 Ord & 1/2 War)$37MN/AN/A-0.42
CTWCTW Cayman - Class A$147MCommunication ServicesElectronic Gaming & Multimedia-0.42
HMCOUHumanCo Acquisition Corp - Units (1 Ord Class A & 1/2 War)$386MN/AN/A-0.42
SLDESlide Insurance Holdings Inc$2.32BFinancial ServicesInsurance - Property & Casualty-0.42
PGACPantages Capital Acquisition Corp Cl A Ord Shs$118MFinancial ServicesShell Companies-0.41
NOACNatural Order Acquisition Corp$289MN/AN/A-0.41
PTLEPTL Ltd$70MConsumer CyclicalSpecialty Retail-0.41
PLBLPolibeli Group Ltd$2.84BConsumer CyclicalDepartment Stores-0.40
NVSAUNew Vista Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$350MN/AN/A-0.40
FVNNRFuture Vision II Acquisition Corporation Right$341KN/AN/A-0.40
ANNAAleAnna Inc - Class A$131MEnergyOil & Gas E&p-0.40
EQVEQV Ventures Acquisition Corp.$466MFinancial ServicesShell Companies-0.39
BOACBluescape Opportunities Acquisition Corp - Class A$227MN/AN/A-0.39
MNTNMNTN Inc - Class A$751MTechnologySoftware - Application-0.39
EPWKEPWK Holdings Ltd - Class A$9.78KTechnologySoftware - Application-0.39
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.38
BACCBlue Acquisition Corp - Class A$214MFinancial ServicesShell Companies-0.38

ETFs that lowly correlated with TX

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.71
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.64
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.60
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.60
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.58
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.58
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.58
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.58
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.58
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.56
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.56
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.55
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.55
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.55
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.53
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.53
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.52
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.52
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.52
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.52
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.52
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.52
QCMDDirexion Daily QCOM Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.51
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.51
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.51
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.51
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.50
CXRNTEUCRIUM 2X DAILY CORN ETF $4MN/ADec 12, 2024-0.50
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.50
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.50
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.50
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.49
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.49
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.49
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.48
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.47
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.47
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.47
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.46
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.46
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.46
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.45
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.44
XLUISTATE STREET(R) UTILITIES SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $22M0.35%Jul 29, 2025-0.44
OILDBank of Montreal$53MN/ANov 8, 2021-0.44
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.44
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.43
CSCSDirexion Daily CSCO Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.42
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.42
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.42
NFXLDIREXION DAILY NFLX BULL 2X SHARES $141MN/AOct 2, 2024-0.42
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $13MN/AMar 31, 2025-0.42
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $16M1.03%Feb 11, 2025-0.41
NFLUT-REX 2X LONG NFLX DAILY TARGET ETF $46MN/ASep 26, 2024-0.41
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.41
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3.20MN/AJun 16, 2009-0.40
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.40
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.40
NFLPKurv Yield Premium Strategy Netflix (NFLX) ETF$4.70M0.99%Oct 26, 2023-0.39
SHRTGOTHAM SHORT STRATEGIES ETF $14M1.35%Jul 31, 2017-0.39
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.39
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.38
SHPUDIREXION DAILY SHOP BULL 2X ETF $15MN/AAug 5, 2025-0.38
RBLYYIELDMAX(R) RBLX OPTION INCOME STRATEGY ETF $2.40M0.99%Jul 28, 2025-0.38
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.38