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28 Stocks and 72 ETFs for diversifying Bank Of America (BAC-P-E)

The least correlated asset to Bank Of America (BAC-P-E) is company McGraw Hill (MH). The correlation is -0.8.

Stocks that lowly correlated with BAC-P-E

SymbolName
Market cap
SectorIndustry
Correlation
MHMcGraw Hill Inc$1.95BConsumer DefensiveEducation & Training Services-0.80
MAGHMagnitude International Ltd$230MIndustrialsEngineering & Construction-0.71
PLBLPolibeli Group Ltd$2.84BConsumer CyclicalDepartment Stores-0.68
CVCapsoVision Inc$315MHealthcareMedical Devices-0.66
NTWOUNewbury Street II Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$184MFinancial ServicesShell Companies-0.59
ORIQUOrigin Investment Corp I - Units (1 Ord Cls & 1/2 War)$22MFinancial ServicesShell Companies-0.54
SIShoulder Innovations Inc$452MN/AN/A-0.53
THHTryHard Holdings Ltd$12MIndustrialsSpecialty Business Services-0.52
ARXAccelerant Holdings - Class A$2.82BFinancial ServicesInsurance Brokers-0.51
RNERUMount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt)$125MN/AN/A-0.51
MAMKMaxsMaking Inc - Class A$195MIndustrialsConglomerates-0.51
CHYMChime Financial Inc - Class A$8.43BTechnologySoftware - Application-0.49
HUHUHUHUTECH International Group Inc$118MIndustrialsSpecialty Industrial Machinery-0.45
LGPSLogProstyle Inc$26MIndustrialsConglomerates-0.44
PLMKUPlum Acquisition Corp IV - Units (1 Ord cls A & 1/2 Warr)$213MFinancial ServicesShell Companies-0.44
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.43
FBYDFalcon`s Beyond Global Inc - Class A$617MIndustrialsConglomerates-0.42
HERZHerzfeld Credit Income Fund Inc Com$230MFinancial ServicesAsset Management-0.42
TTANServiceTitan Inc - Class A$7.44BTechnologySoftware - Application-0.41
BCGBinah Capital Group Inc$25MFinancial ServicesAsset Management-0.39
KFIIUK&F Growth Acquisition Corp II - Units (1 Ord Cls A & 1 Rts)$316MFinancial ServicesShell Companies-0.37
ANSCAgriculture & Natural Solutions Acquisition Corp - Class A$377MFinancial ServicesShell Companies-0.37
OTFBlue Owl Technology Finance Corp$4.79BFinancial ServicesAsset Management-0.36
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.36
ASICAtegrity Specialty Holdings LLC$1.08BFinancial ServicesInsurance - Property & Casualty-0.36
NYAXNayax Ltd$2.63BTechnologySoftware - Infrastructure-0.36
JCICUJack Creek Investment Corp - Units (1 Ord Share Class A & 1/2 War)$432MN/AN/A-0.35
ATPCAgape ATP Corp$2.52MConsumer DefensivePackaged Foods-0.35

ETFs that lowly correlated with BAC-P-E

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.71
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.64
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.64
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.64
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.64
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.64
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.63
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.63
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.62
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.62
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.62
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.61
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.61
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.61
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.60
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.60
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.60
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.59
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.59
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.59
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.59
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.58
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.58
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.58
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.58
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.58
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.58
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.57
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.57
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.57
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.56
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.56
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.55
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.55
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.54
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.53
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.53
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.53
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.51
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.51
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.50
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.50
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.48
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $13MN/AMar 31, 2025-0.48
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.47
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.47
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.46
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $274M1.04%Sep 30, 2021-0.45
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.45
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.45
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $176M0.50%May 10, 2021-0.45
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $298M0.90%Dec 1, 2020-0.44
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.43
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.42
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.42
WTIDBank of Montreal$18MN/AFeb 16, 2023-0.41
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.41
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $29MN/AJul 16, 2009-0.41
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.40
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.40
NVDQT-REX 2X INVERSE NVIDIA DAILY TARGET ETF $22MN/AOct 18, 2023-0.40
RVNLGRANITESHARES 2X LONG RIVN DAILY ETF $15MN/AApr 21, 2025-0.39
SHPUDIREXION DAILY SHOP BULL 2X ETF $15MN/AAug 5, 2025-0.39
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.39
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.38
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $19M1.01%Sep 12, 2023-0.38
BITIProShares Short Bitcoin ETF$144M1.01%Jun 21, 2022-0.38
OILDBank of Montreal$53MN/ANov 8, 2021-0.37
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.36
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.35
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$895MN/ANov 24, 2008-0.35
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $61MN/AAug 21, 2023-0.34