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39 Stocks and 61 ETFs for diversifying Warner Music Group (WMG)

The least correlated asset to Warner Music Group (WMG) is company Ysx Tech Co.Ltd (YSXT). The correlation is -0.6366.

Stocks that lowly correlated with WMG

SymbolName
Market cap
SectorIndustry
Correlation
YSXTYsx Tech Co.Ltd - Class A$24MIndustrialsSpecialty Business Services-0.64
LZMHLZ Technology Holdings Ltd - Class B$9.09MTechnologyInformation Technology Services-0.60
HBNBHotel101 Global Holdings Corp$1.36BReal EstateReal Estate Services-0.57
SLDESlide Insurance Holdings Inc$2.20BFinancial ServicesInsurance - Property & Casualty-0.55
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.53
AACBUArtius II Acquisition Inc - Units (1 Ord Shs & 1 Rts)$233MFinancial ServicesShell Companies-0.53
UBXGU-BX Technology Ltd$37MTechnologySoftware - Infrastructure-0.52
DTSQDT Cloud Star Acquisition Corp$70MFinancial ServicesShell Companies-0.49
INRInfinity Natural Resources Inc - Class A$239MEnergyOil & Gas E&p-0.48
EQVEQV Ventures Acquisition Corp.$466MFinancial ServicesShell Companies-0.46
ASICAtegrity Specialty Holdings LLC$969MFinancial ServicesInsurance - Property & Casualty-0.45
SLXNSilexion Therapeutics Corp$1.30MHealthcareBiotechnology-0.44
BOWNBowen Acquisition Corp$21MFinancial ServicesShell Companies-0.43
OACCOaktree Acquisition Corp III Life Sciences - Class A$205MFinancial ServicesShell Companies-0.43
BOWNUBowen Acquisition Corp - Units (1 Ordinary share & 1 Right)$30MFinancial ServicesShell Companies-0.43
EDHLEverbright Digital Holding Ltd$4.80MCommunication ServicesAdvertising Agencies-0.42
JCAPJefferson Capital Inc$950MFinancial ServicesCredit Services-0.42
SAGTSagtec Global Ltd$21MTechnologySoftware - Application-0.42
CUBLionheart Holdings - Class A$249MFinancial ServicesShell Companies-0.41
MBAVM3 Brigade Acquisition V Corp - Class A$310MFinancial ServicesShell Companies-0.41
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.41
SOLEmeren Group Ltd American Depositary Shares, each representing 10 shares$100MTechnologySolar-0.41
DRDBRoman DBDR Acquisition Corp II$242MFinancial ServicesShell Companies-0.40
LPAALaunch One Acquisition Corp - Class A$249MFinancial ServicesShell Companies-0.39
GIGGigCapital7 Corp - Class A$353MFinancial ServicesShell Companies-0.39
GRCEAcasti Pharma Inc$36MHealthcareBiotechnology-0.38
LGCBLinkage Global Inc$24MConsumer CyclicalInternet Retail-0.38
SCAGScage Future$38MIndustrialsFarm & Heavy Construction Machinery-0.38
GLIBAGCI Liberty Inc - Class A$926MCommunication ServicesTelecom Services-0.38
GIBOGIBO Holdings Ltd$42MCommunication ServicesInternet Content & Information-0.37
MRTMedEquities Realty Trust Inc$146MTechnologySoftware - Application-0.37
OSTOstin Technology Group Co Ltd$3.87MTechnologyElectronic Components-0.37
VEEAVeea Inc$35MTechnologyInformation Technology Services-0.37
ALFCenturion Acquisition Corp - Class A$313MFinancial ServicesShell Companies-0.37
TMDETMD Energy Ltd$18MEnergyOil & Gas Midstream-0.36
WFFWF Holding Ltd$10MIndustrialsSpecialty Industrial Machinery-0.35
GSRMBitcoin Depot Inc - Class A$54MN/AN/A-0.34
BDMDBaird Medical Investment Holdings Ltd .$44MHealthcareMedical Devices-0.33
CEPOCantor Equity Partners I Inc - Class A$270MFinancial ServicesShell Companies-0.33

ETFs that lowly correlated with WMG

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SHRTGOTHAM SHORT STRATEGIES ETF $17M1.35%Jul 31, 2017-0.61
WZRDOpportunistic Trader ETF$3.90M1.00%Jun 24, 2025-0.56
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.20MN/AMay 15, 2024-0.55
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.53
TNGYTORTOISE ENERGY ETF $600M0.85%Dec 27, 2010-0.53
QCMDDirexion Daily QCOM Bear 1X ETF$2M1.00%Jun 24, 2025-0.52
MSDDGRANITESHARES 2X SHORT MSTR DAILY ETF $1MN/AJun 9, 2025-0.52
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.52
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.51
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.50
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.49
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.49
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.48
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.48
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.48
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.47
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.47
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.47
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.46
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $21M1.03%Feb 11, 2025-0.46
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.46
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.46
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.46
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.45
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.45
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.45
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.45
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.44
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $14M1.11%Aug 14, 2024-0.44
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.44
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $4.80MN/AMar 31, 2025-0.43
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.43
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.43
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.42
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.42
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.41
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.41
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.40
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.40
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.40
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.39
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.39
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.38
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.38
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.38
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.37
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.37
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.36
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.36
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $9.80M1.05%Jul 23, 2024-0.36
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.36
PALDDirexion Daily PANW Bear 1X Shares$2.40M1.02%Feb 10, 2025-0.36
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $228M1.04%Sep 30, 2021-0.35
WNTRYieldMax Short MSTR Option Income Strategy ETF$72M1.00%Mar 26, 2025-0.35
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.35
YXIProShares Short FTSE China 50 -1x Shares$4.30M0.95%Mar 16, 2010-0.34
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.34
RXDProShares UltraShort Health Care -2x Shares$4.90MN/AJan 30, 2007-0.34
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $396M0.51%Dec 18, 2013-0.34
FXPProShares UltraShort FTSE China 50 -2x Shares$5.60MN/ANov 6, 2007-0.34
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $23M0.50%Mar 6, 2024-0.33