Overview Performance Dividends Metrics Financials ETFs Industry Splits Correlations

32 Stocks and 68 ETFs for diversifying Alerus Financial (ALRS)

The least correlated asset to Alerus Financial (ALRS) is ETF WZRD (Opportunistic Trader ETF). The correlation is -0.7129.

Stocks that lowly correlated with ALRS

Symbol	Name	Market cap	Sector	Industry	Correlation
CLIK	Click Holdings Ltd	$4.19M	Consumer Cyclical	Personal Services	-0.66
INACR	Indigo Acquisition Corp Right	$448K	N/A	N/A	-0.61
CDTG	CDT Environmental Technology Investment Holdings Ltd	$3.77M	Industrials	Waste Management	-0.59
APADU	A Paradise Acquisition Corp Unit	$67M	Financial Services	Shell Companies	-0.58
OFSSO	OFS Capital Corp	$341M	N/A	N/A	-0.52
GTERU	Globa Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts)	$53M	Financial Services	Shell Companies	-0.52
SCAQU	Stratim Cloud Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)	$286M	N/A	N/A	-0.52
NAACU	North Atlantic Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)	$482M	N/A	N/A	-0.51
IROHU	CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)	$453M	N/A	N/A	-0.49
TMDE	TMD Energy Ltd	$21M	Energy	Oil & Gas Midstream	-0.49
SUGP	SU Group Holdings Ltd - Class A	$5.51M	Industrials	Security & Protection Services	-0.48
SOCAU	Solarius Capital Acquisition Corp Units	$179M	Financial Services	Shell Companies	-0.48
GSRM	Bitcoin Depot Inc - Class A	$54M	N/A	N/A	-0.47
APAD	Enhanced Group Inc - Class A	$161M	Financial Services	Shell Companies	-0.47
FLAC	Frazier Lifesciences Acquisition Corp - Class A	$175M	N/A	N/A	-0.46
SSEAU	Starry Sea Acquisition Corp - Units (1 Ord Shs & 1/6 Rts)	$19M	Financial Services	Shell Companies	-0.46
CTW	CTW Cayman - Class A	$147M	Communication Services	Electronic Gaming & Multimedia	-0.45
EMA	Emera Incorporated	$16B	Utilities	Utilities - Regulated Electric	-0.45
TOACU	Talon 1 Acquisition Corp - Units (1 Ord Class A & 1/2 War)	$143M	N/A	N/A	-0.45
NVSAU	New Vista Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)	$350M	N/A	N/A	-0.44
STRC	Microstrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock	$29B	Technology	Software - Application	-0.43
VNMEU	Vendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War)	$52M	Financial Services	Shell Companies	-0.43
TSIBU	Tishman Speyer Innovation Corp II - Units (1 Ord Share Class A & 1/5 War)	$301M	N/A	N/A	-0.43
EMPG	Empro Group Inc	$139M	Healthcare	Medical Distribution	-0.42
JMACU	Maxpro Capital Acquisition Corp - Units (1 Ord Share Class A & 1 War)	$150M	N/A	N/A	-0.42
ELOG	Eastern International Ltd	$9.59M	Industrials	Integrated Freight & Logistics	-0.42
NOAC	Natural Order Acquisition Corp	$289M	N/A	N/A	-0.42
PVLA	Palvella Therapeutics Inc	$2.18B	Healthcare	Biotechnology	-0.41
DLCAU	Deep Lake Capital Acquisition Corp - Units (1 Ord Class A & 1/2 War)	$262M	N/A	N/A	-0.40
BLSH	Bullish	$3.80B	Technology	Software - Infrastructure	-0.40
AII	American Integrity Insurance Group Inc	$358M	Financial Services	Insurance - Property & Casualty	-0.39
CCCX	Churchill Capital Corp X - Class A	$570M	Financial Services	Shell Companies	-0.39

ETFs that lowly correlated with ALRS

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
WZRD	Opportunistic Trader ETF	$976K	1.00%	Jun 24, 2025	-0.71
HIBS	Direxion Daily S&P 500 High Beta Bear 3X Shares	$17M	N/A	Nov 7, 2019	-0.69
SBB	ProShares Short SmallCap600 -1x Shares	$3.30M	0.95%	Jan 23, 2007	-0.66
SKRE	TUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF	$5.20M	N/A	Jan 3, 2024	-0.66
RWM	PROSHARES SHORT RUSSELL2000	$113M	0.95%	Jan 23, 2007	-0.64
YQQQ	YIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF	$16M	1.11%	Aug 14, 2024	-0.63
SDD	PROSHARES ULTRASHORT SMALLCAP600	$1.20M	N/A	Jan 23, 2007	-0.63
BNKD	Bank of Montreal	$1.10M	N/A	Feb 20, 2025	-0.63
TWM	ProShares UltraShort Russell2000 -2x Shares	$38M	N/A	Jan 23, 2007	-0.62
MYY	PROSHARES SHORT MIDCAP400	$2.90M	0.95%	Jun 19, 2006	-0.61
TSMZ	DIREXION DAILY TSM BEAR 1X SHARES	$2.80M	1.01%	Oct 2, 2024	-0.61
MZZ	PROSHARES ULTRASHORT MIDCAP400	$2.40M	N/A	Jul 11, 2006	-0.61
BTAL	AGF U.S. MARKET NEUTRAL ANTI-BETA FUND	$283M	1.40%	Sep 13, 2011	-0.60
SEF	ProShares Short Financials -1x Shares	$14M	0.95%	Jun 10, 2008	-0.58
DWSH	ADVISORSHARES DORSEY WRIGHT SHORT ETF	$11M	6.22%	Jul 10, 2018	-0.58
NFLW	ROUNDHILL NFLX WEEKLYPAY ETF	$6.70M	N/A	Jun 17, 2025	-0.58
SKF	ProShares UltraShort Financials -2x Shares	$11M	N/A	May 23, 2007	-0.57
SIJ	ProShares UltraShort Industrials -2x Shares	$5.50M	N/A	Jan 30, 2007	-0.57
HDGE	ADVISORSHARES RANGER EQUITY BEAR ETF	$66M	3.62%	Jan 26, 2011	-0.56
DOG	PROSHARES SHORT DOW30	$111M	0.95%	Jun 19, 2006	-0.55
QBER	TRUESHARES QUARTERLY BEAR HEDGE ETF	$82M	0.79%	Jun 28, 2024	-0.54
DXD	PROSHARES ULTRASHORT DOW30	$46M	N/A	Jul 11, 2006	-0.54
CRCG	LEVERAGE SHARES 2X LONG CRCL DAILY ETF	$67M	N/A	Aug 8, 2025	-0.53
AIBD	Direxion Daily AI and Big Data Bear 2X ETF	$4.70M	N/A	May 15, 2024	-0.53
CCUP	T-REX 2X LONG CRCL DAILY TARGET ETF	$25M	N/A	Aug 8, 2025	-0.53
SMN	ProShares UltraShort Materials	$4.10M	N/A	Jan 30, 2007	-0.53
SPDN	DIREXION DAILY S&P 500 (R) BEAR 1X SHARES	$195M	0.48%	Jun 8, 2016	-0.52
SDS	ProShares UltraShort S&P500 -2x Shares	$398M	N/A	Jul 11, 2006	-0.52
SH	ProShares Short S&P500 -1x Shares	$973M	0.89%	Jun 19, 2006	-0.52
EWV	ProShares UltraShort MSCI Japan -2x Shares	$5.70M	N/A	Nov 6, 2007	-0.51
METD	DIREXION DAILY META BEAR 1X SHARES	$7.90M	1.02%	Jun 5, 2024	-0.51
EFZ	ProShares Short MSCI EAFE -1X Shares	$12M	0.95%	Oct 23, 2007	-0.51
SDOW	ProShares UltraPro Short Dow30 -3x Shares	$185M	N/A	Feb 9, 2010	-0.51
EMTY	ProShares Decline of the Retail Store ETF -1x Shares	$3M	0.65%	Nov 14, 2017	-0.51
EFU	ProShares UltraShort MSCI EAFE -2x Shares	$1.20M	N/A	Oct 23, 2007	-0.50
MUD	Direxion Daily MU Bear 1X Shares	$76M	1.02%	Oct 9, 2024	-0.50
SMDD	ProShares UltraPro Short MidCap400 -3x Shares	$1.90M	N/A	Feb 9, 2010	-0.50
EUM	ProShares Short MSCI Emerging Markets -1x Shares	$9.80M	0.95%	Oct 30, 2007	-0.49
EEV	ProShares UltraShort MSCI Emerging Markets -2x Shares	$2.60M	N/A	Oct 30, 2007	-0.49
DVUT	WEBS Defined Volatility XLU ETF	$273K	0.89%	Jul 22, 2025	-0.49
SCC	ProShares UltraShort Consumer Discretionary	$6.80M	N/A	Jan 30, 2007	-0.47
EPV	ProShares UltraShort FTSE Europe -2X Shares	$13M	N/A	Jun 16, 2009	-0.47
SJB	PROSHARES SHORT HIGH YIELD	$56M	0.95%	Mar 21, 2011	-0.47
UVIX	2x Long VIX Futures ETF	$290M	N/A	Mar 28, 2022	-0.47
REK	PROSHARES SHORT REAL ESTATE	$9.80M	0.95%	Mar 16, 2010	-0.46
BESF	BASTION ENERGY ETF	$33M	0.80%	Jun 3, 2025	-0.45
EDZ	DIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES	$14M	N/A	Dec 17, 2008	-0.45
TAIL	CAMBRIA TAIL RISK ETF	$147M	0.59%	Apr 5, 2017	-0.45
DIPS	YIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF	$8.20M	1.05%	Jul 23, 2024	-0.43
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	$35M	0.89%	Jan 17, 2018	-0.43
SRS	ProShares UltraShort Real Estate -2x Shares	$16M	N/A	Jan 30, 2007	-0.43
VIXM	ProShares VIX Mid-Term Futures ETF	$40M	0.92%	Jan 3, 2011	-0.42
PSQ	ProShares Short QQQ -1x Shares	$601M	0.95%	Jun 19, 2006	-0.42
LDRT	ISHARES IBONDS 1-5 YEAR TREASURY LADDER ETF	$132M	0.07%	Nov 7, 2024	-0.42
LDDR	Stone Ridge 2035 Term Income ETF	$42M	0.25%	Jan 3, 2025	-0.41
CLIP	GLOBAL X 1-3 MONTH T-BILL ETF	$2.60B	0.07%	Jun 20, 2023	-0.41
REW	ProShares UltraShort Technology -2x Shares	$2.80M	N/A	Jan 30, 2007	-0.41
QQQD	DIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES	$35M	0.50%	Mar 6, 2024	-0.40
WTID	Bank of Montreal	$18M	N/A	Feb 16, 2023	-0.40
WEBS	DIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES	$8.70M	N/A	Nov 7, 2019	-0.39
CSCS	Direxion Daily CSCO Bear 1X ETF	$1.70M	1.00%	Jun 24, 2025	-0.39
TRSY	XTRACKERS US 0-1 YEAR TREASURY ETF	$68M	0.06%	Oct 8, 2024	-0.39
DUG	ProShares UltraShort Energy	$27M	N/A	Jan 30, 2007	-0.39
TAPR	Barclays Bank PLC	$11M	0.79%	Mar 31, 2025	-0.39
PANG	LEVERAGE SHARES 2X LONG PANW DAILY ETF	$8.90M	N/A	Mar 20, 2025	-0.39
PALD	Direxion Daily PANW Bear 1X Shares	$1.80M	1.02%	Feb 10, 2025	-0.38
RBIL	F/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF	$139M	0.17%	Feb 24, 2025	-0.38
PDDL	GRANITESHARES 2X LONG PDD DAILY ETF	$7.60M	N/A	Jul 14, 2025	-0.38