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55 Stocks and 45 ETFs for diversifying Baytex Energy (BTE)

The least correlated asset to Baytex Energy (BTE) is ETF OILD (Bank of Montreal). The correlation is -0.7743.

Stocks that lowly correlated with BTE

SymbolName
Market cap
SectorIndustry
Correlation
TGHLGrowhub Ltd (The) - Class A$19MTechnologySoftware - Infrastructure-0.67
ETSElite Express Holding Inc - Class A$13MIndustrialsTrucking-0.66
WTGWintergreen Acquisition Corp$58MFinancial ServicesShell Companies-0.65
CCIICohen Circle Acquisition Corp II - Class A$269MFinancial ServicesShell Companies-0.64
BMHLBluemount Holdings Ltd$146MFinancial ServicesCapital Markets-0.60
PMTRPerimeter Acquisition Corp I - Class A$258MFinancial ServicesShell Companies-0.60
MNTNMNTN Inc - Class A$751MTechnologySoftware - Application-0.60
EPWKEPWK Holdings Ltd - Class A$9.78KTechnologySoftware - Application-0.58
GTENGores Holdings X Inc - Class A$471MFinancial ServicesShell Companies-0.57
LCCCRLakeshore Acquisition III Corp$349KN/AN/A-0.57
PGACPantages Capital Acquisition Corp Cl A Ord Shs$118MFinancial ServicesShell Companies-0.56
CCIIUCohen Circle Acquisition Corp II - Units (1 Ord Cls A & 1/4 War)$80MFinancial ServicesShell Companies-0.55
CUPRCuprina Holdings (Cayman) Ltd - Class A$11MHealthcareMedical Instruments & Supplies-0.55
CCIXChurchill Capital Corp IX$312MFinancial ServicesShell Companies-0.54
IBGInnovation Beverage Group Ltd$1.60MConsumer DefensiveBeverages - Wineries & Distilleries-0.53
TACOBerto Acquisition Corp$314MFinancial ServicesShell Companies-0.53
ZSPCZspace Inc$2.96MTechnologyComputer Hardware-0.53
ONCHU1RT Acquisition Corp - Units (1 Ord Cls A & 1 War)$39MFinancial ServicesShell Companies-0.52
MCGAYorkville Acquisition Corp - Class A$176MFinancial ServicesShell Companies-0.52
CHAChagee Holdings Ltd$1.84BConsumer CyclicalRestaurants-0.50
LOARLoar Holdings Inc$6.61BIndustrialsAerospace & Defense-0.50
GIBOGIBO Holdings Ltd$106MCommunication ServicesInternet Content & Information-0.49
CCIXWChurchill Capital Corp IX - Warrants (04/12/2029)$17MN/AN/A-0.49
JMACUMaxpro Capital Acquisition Corp - Units (1 Ord Share Class A & 1 War)$150MN/AN/A-0.49
GRANGrande Group Ltd - Class A$35MFinancial ServicesCapital Markets-0.49
NXGLNexgel Inc$3.90MHealthcareMedical Instruments & Supplies-0.49
LGPSLogProstyle Inc$26MIndustrialsConglomerates-0.47
BEAGBold Eagle Acquisition Corp$276MFinancial ServicesShell Companies-0.47
CRECre8 Enterprise Ltd Class A$6.60MIndustrialsSpecialty Business Services-0.47
MKLYUMcKinley Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$59MFinancial ServicesShell Companies-0.46
PCAPPatriot Capital Funding Inc$324MFinancial ServicesShell Companies-0.46
BGMQilian International Holding Group Ltd - Class A$7.45MHealthcareDrug Manufacturers - Specialty & Generic-0.46
CEPFCantor Equity Partners IV Inc - Class A$597MFinancial ServicesShell Companies-0.45
AZIAutozi Internet Technology (Global) Ltd - Class A$9.05MConsumer CyclicalAuto & Truck Dealerships-0.45
AVACUAvalon Acquisition Inc - Units (1 Ord Share Class A & 3/4 War)$283MN/AN/A-0.45
RECTRectitude Holdings Ltd$18MConsumer CyclicalSpecialty Retail-0.45
EHGOEshallgo Inc - Class A$3.67MIndustrialsBusiness Equipment & Supplies-0.45
DGNXDiginex Ltd$28MIndustrialsConsulting Services-0.44
IQSTiQSTEL Inc$4.55MCommunication ServicesTelecom Services-0.44
OHPAUOrion Acquisition Corp - Units (1 Ord Share Class A & 1/4 War)$417MN/AN/A-0.44
CRAQCal Redwood Acquisition Corp$320MFinancial ServicesShell Companies-0.44
CCIXUChurchill Capital Corp IX - Units (1 Ord Share Class A & 1/4 War)$69MFinancial ServicesShell Companies-0.43
CCIIWCohen Circle Acquisition Corp II - Warrants(01/07/2030)$3.81MN/AN/A-0.43
ODDODDITY Tech Ltd - Class A$982MConsumer DefensiveHousehold & Personal Products-0.43
ELPWElong Power Holding Ltd$645KIndustrialsElectrical Equipment & Parts-0.42
ELOGEastern International Ltd$9.59MIndustrialsIntegrated Freight & Logistics-0.42
CAICaris Life Sciences Inc - Class A$4.94BHealthcareBiotechnology-0.42
OHPAOrion Acquisition Corp - Class A$417MN/AN/A-0.42
JENAJena Acquisition Corporation II Class A$242MFinancial ServicesShell Companies-0.42
HCMAUHCM III Acquisition Corp - Units (1 Ord Cls A & 1 War)$77MFinancial ServicesShell Companies-0.42
CCTGCCSC Technology International Holdings Ltd - Class A$1.03MIndustrialsElectrical Equipment & Parts-0.42
FVNNRFuture Vision II Acquisition Corporation Right$341KN/AN/A-0.41
TWFGTWFG Inc - Class A$380MFinancial ServicesInsurance Brokers-0.41
RTACRenatus Tactical Acquisition Corp I - Class A$326MFinancial ServicesShell Companies-0.41
BEAGRBold Eagle Acquisition Corp Right$1.50MN/AN/A-0.41

ETFs that lowly correlated with BTE

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
OILDBank of Montreal$53MN/ANov 8, 2021-0.77
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$895MN/ANov 24, 2008-0.75
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.68
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.68
WTIDBank of Montreal$18MN/AFeb 16, 2023-0.67
VSTLDEFIANCE DAILY TARGET 2X LONG VST ETF $12MN/AJul 21, 2025-0.64
RBLYYIELDMAX(R) RBLX OPTION INCOME STRATEGY ETF $2.40M0.99%Jul 28, 2025-0.64
SCOWPACER S&P SMALLCAP 600 QUALITY FCF ARISTOCRATS ETF $1.60M0.59%Aug 27, 2025-0.63
HOOWROUNDHILL HOOD WEEKLYPAY ETF $146MN/AJun 17, 2025-0.59
DJTUT-REX 2X LONG DJT DAILY TARGET ETF $9.40MN/AMar 3, 2025-0.57
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.56
FGSIFT VEST GROWTH STRENGTH & TARGET INCOME ETF $3M0.85%Jun 25, 2025-0.52
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.51
BASVBROWN ADVISORY SUSTAINABLE VALUE ETF $408M0.71%Jun 13, 2025-0.50
LCDLGRANITESHARES 2X LONG LCID DAILY ETF N/AN/AApr 21, 2025-0.50
XLIISTATE STREET(R) INDUSTRIAL SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $7.70M0.35%Jul 29, 2025-0.49
BFJLFT VEST BITCOIN STRATEGY FLOOR15 ETF - JULY $3.30M0.90%Jun 27, 2025-0.48
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.47
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.47
SHPUDIREXION DAILY SHOP BULL 2X ETF $15MN/AAug 5, 2025-0.46
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.46
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.45
DVXFWEBs Defined Volatility XLF ETF$251K0.89%Jul 22, 2025-0.45
SCHQSCHWAB LONG-TERM U.S. TREASURY ETF $759M0.03%Oct 9, 2019-0.45
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.44
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.44
IBTHISHARES IBONDS DEC 2027 TERM TREASURY ETF $2.20B0.07%Feb 25, 2020-0.44
GGLSDirexion Daily GOOGL Bear 1X ETF$13M1.02%Sep 6, 2022-0.44
FFOXFUNDX FUTURE FUND OPPORTUNITIES ETF $240M1.02%Jun 9, 2025-0.42
CBXYCalamos Bitcoin 90 Series Structured Alt Protection ETF July$5.50M0.69%Jul 7, 2025-0.42
KATSCHARF ETF $651M0.75%Dec 30, 2011-0.42
RTXGLeverage Shares 2X Long RTX Daily ETF$4.50MN/AJun 5, 2025-0.42
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.42
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.42
GOVTISHARES U.S. TREASURY BOND ETF $44B0.05%Feb 14, 2012-0.42
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.42
IBTIISHARES IBONDS DEC 2028 TERM TREASURY ETF $1.80B0.07%Feb 25, 2020-0.42
IBTGISHARES IBONDS DEC 2026 TERM TREASURY ETF $2.30B0.07%Feb 25, 2020-0.41
IBTJISHARES IBONDS DEC 2029 TERM TREASURY ETF $1.30B0.07%Feb 25, 2020-0.41
IBIDISHARES IBONDS OCT 2027 TERM TIPS ETF $117M0.10%Sep 13, 2023-0.41
METWROUNDHILL META WEEKLYPAY ETF $25MN/AJun 17, 2025-0.41
IBICISHARES IBONDS OCT 2026 TERM TIPS ETF $86M0.10%Sep 13, 2023-0.41
XLVISTATE STREET(R) HEALTH CARE SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)HEALTH CARE SELECT SECTOR SPDR(R) PREMIUM INCOME ETF$16M0.35%Jul 29, 2025-0.41
SPTISTATE STREET(R) SPDR(R) PORTFOLIO INTERMEDIATE TERM TREASURY ETF $10B0.03%May 23, 2007-0.41
GOVIINVESCO EQUAL WEIGHT 0-30 YEAR TREASURY ETF $1.20B0.15%Oct 11, 2007-0.41