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76 Stocks and 24 ETFs for diversifying Babcock & Wilcox Enterprises (BW-P-A)

The least correlated asset to Babcock & Wilcox Enterprises (BW-P-A) is ETF XCOM (Ultra Communication Services Select Sector ETF). The correlation is -1.

Stocks that lowly correlated with BW-P-A

SymbolName
Market cap
SectorIndustry
Correlation
LGPSLogProstyle Inc$26MIndustrialsConglomerates-0.78
CRECre8 Enterprise Ltd Class A$6.60MIndustrialsSpecialty Business Services-0.75
CCIXChurchill Capital Corp IX$312MFinancial ServicesShell Companies-0.71
LCCCLakeshore Acquisition III Corp$72MFinancial ServicesShell Companies-0.71
FIGFigma Inc - Class A$12BTechnologySoftware - Application-0.68
PCAPPatriot Capital Funding Inc$324MFinancial ServicesShell Companies-0.67
ETSElite Express Holding Inc - Class A$13MIndustrialsTrucking-0.64
JCICUJack Creek Investment Corp - Units (1 Ord Share Class A & 1/2 War)$432MN/AN/A-0.63
PGACPantages Capital Acquisition Corp Cl A Ord Shs$118MFinancial ServicesShell Companies-0.61
HCAIHuachen AI Parking Management Technology Holding Co. Ltd$10MIndustrialsFarm & Heavy Construction Machinery-0.61
EPWKEPWK Holdings Ltd - Class A$9.78KTechnologySoftware - Application-0.60
AGTCApplied Genetic Technologies Corp$26MN/AN/A-0.58
WENNWen Acquisition Corp - Class A$310MFinancial ServicesShell Companies-0.58
AGFSAgroFresh Solutions Inc$157MN/AN/A-0.58
TMACMusic Acquisition Corporation - Series A$290MN/AN/A-0.57
SOLEmeren Group Ltd American Depositary Shares, each representing 10 shares$100MTechnologySolar-0.56
FTPAFTAC Parnassus Acquisition Corp - Class A$302MFinancial ServicesShell Companies-0.53
NAMIJinxin Technology Holding Company$7.41MCommunication ServicesInternet Content & Information-0.51
ELPWElong Power Holding Ltd$645KIndustrialsElectrical Equipment & Parts-0.49
WTGWintergreen Acquisition Corp$58MFinancial ServicesShell Companies-0.49
PNBKPatriot National Bancorp Inc$141MFinancial ServicesBanks - Regional-0.48
CAPNUCayson Acquisition Corp - Units (1 1 Rights)$21MFinancial ServicesShell Companies-0.48
TSIBTishman Speyer Innovation Corp II - Class A$302MN/AN/A-0.48
WSBKWinchester Bancorp Inc$121MFinancial ServicesBanks - Regional-0.47
OHPAOrion Acquisition Corp - Class A$417MN/AN/A-0.46
TRONCorner Growth Acquisition Corp 2 - Class A$700MConsumer CyclicalLeisure-0.45
AKUSAkouos Inc$490MN/AN/A-0.45
GTERAGloba Terra Acquisition Corporation Class A$246MFinancial ServicesShell Companies-0.45
SWETAthlon Acquisition Corp - Class A$278MN/AN/A-0.45
WYHGWing Yip Food Holdings Group Ltd$59MConsumer DefensivePackaged Foods-0.44
RNERUMount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt)$125MN/AN/A-0.44
TSIBUTishman Speyer Innovation Corp II - Units (1 Ord Share Class A & 1/5 War)$301MN/AN/A-0.44
PEWGrabAGun Digital Holdings Inc$75MIndustrialsAerospace & Defense-0.44
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.44
SPTKSportsTek Acquisition Corp - Class A$219MN/AN/A-0.43
ANGXAngel Studios Inc - Class A$709MCommunication ServicesEntertainment-0.43
AZIAutozi Internet Technology (Global) Ltd - Class A$9.05MConsumer CyclicalAuto & Truck Dealerships-0.43
RAYRaytech Holding Ltd$8.20MConsumer DefensiveHousehold & Personal Products-0.42
TLIHTen League International Holdings Ltd$17MIndustrialsIndustrial Distribution-0.42
SORATop Win International Ltd$40MConsumer CyclicalLuxury Goods-0.42
CPRTCopart Inc$25BIndustrialsSpecialty Business Services-0.42
CHPGChampionsGate Acquisition Corp - Class A$78MFinancial ServicesShell Companies-0.41
JUGGUJaws Juggernaut Acquisition Corp - Units (1 Ord Share Class A & 1/4 War)$285MN/AN/A-0.41
MACKMerrimack Pharmaceuticals Inc$219MN/AN/A-0.41
MNTNMNTN Inc - Class A$751MTechnologySoftware - Application-0.40
KYIVKyivstar Group Ltd$3.48BCommunication ServicesTelecom Services-0.40
GATEUMarblegate Acquisition Corp - Units (1 Ord Share Class A & 1/2 War)$340MFinancial ServicesShell Companies-0.40
GATEVISTASHARES TARGET 15 GATE ENDOWMENT DISTRIBUTION ETF $425MFinancial ServicesShell Companies-0.40
OFALOFA Group$3.36MIndustrialsEngineering & Construction-0.40
MCGAYorkville Acquisition Corp - Class A$176MFinancial ServicesShell Companies-0.40
MONCUMonument Circle Acquisition Corp - Units (1 Ord Class A & 1/2 War)$251MN/AN/A-0.40
CCIIWCohen Circle Acquisition Corp II - Warrants(01/07/2030)$3.81MN/AN/A-0.39
NTCLNetClass Technology Inc - Class A$8.13MTechnologySoftware - Application-0.39
HMRSports Properties Acquisition Corp$65MIndustrialsMarine Shipping-0.39
DFDVDeFi Development Corp$91MFinancial ServicesAsset Management-0.38
ZBAIATIF Holdings Ltd$155MFinancial ServicesCapital Markets-0.38
PRMBPrimo Brands Corp - Class A$9.12BConsumer DefensiveBeverages - Non-alcoholic-0.37
HSPTRHorizon Space Acquisition II Corp Right$1MN/AN/A-0.37
UNBUnion Bankshares Inc$117MFinancial ServicesBanks - Regional-0.37
OHPAUOrion Acquisition Corp - Units (1 Ord Share Class A & 1/4 War)$417MN/AN/A-0.37
CRAQCal Redwood Acquisition Corp$320MFinancial ServicesShell Companies-0.36
JENAJena Acquisition Corporation II Class A$242MFinancial ServicesShell Companies-0.36
EVACEDWARDS GROUP LTD Foreign$597MFinancial ServicesShell Companies-0.36
MWYNMarwynn Holdings Inc$20MConsumer CyclicalFurnishings, Fixtures & Appliances-0.36
EMPDEmpery Digital Inc$98MConsumer CyclicalAuto Manufacturers-0.36
SAICScience Applications International Corp$4.96BTechnologyInformation Technology Services-0.35
BRLIRBrilliant Acquisition Corp$567KN/AN/A-0.35
TGHLGrowhub Ltd (The) - Class A$19MTechnologySoftware - Infrastructure-0.35
FICVUFrontier Investment Corp - Units (1 Ord Share Class A & 1/3 War)$83MN/AN/A-0.35
BMHLBluemount Holdings Ltd$146MFinancial ServicesCapital Markets-0.35
CCIICohen Circle Acquisition Corp II - Class A$269MFinancial ServicesShell Companies-0.34
TFIN-PTriumph Financial Inc Depositary Shares Series C$531MFinancial ServicesBanks - Regional-0.34
OLKOlink Holding AB (publ)$3.24BHealthcareDiagnostics & Research-0.34
PTLEPTL Ltd$70MConsumer CyclicalSpecialty Retail-0.34
KNFKnife River Corp$4.67BBasic MaterialsBuilding Materials-0.34
NCEWNew Century Logistics (BVI) Ltd$54MIndustrialsIntegrated Freight & Logistics-0.34

ETFs that lowly correlated with BW-P-A

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
XCOMUltra Communication Services Select Sector ETF$384KN/AJun 2, 2026-1.00
XXVSIMPLIFY ANCORATO TARGET 25 DISTRIBUTION ETF $46M0.85%Nov 17, 2025-0.81
SGVTSCHWAB GOVERNMENT MONEY MARKET ETF $770M0.28%Jun 11, 2025-0.76
FIYYGRANITESHARES YIELDBOOST 20Y+ TREASURIES ETF $732K1.07%May 4, 2026-0.67
TIERT. ROWE PRICE INTERNATIONAL EQUITY RESEARCH ETF $31M0.38%Jun 25, 2025-0.65
GLDNNICHOLAS GOLD INCOME ETF $2.50M1.07%Feb 17, 2026-0.56
DVXPWEBs Defined Volatility XLP ETF$251K0.89%Jul 22, 2025-0.45
DVINWEBs Defined Volatility XLI ETF$313K0.89%Jul 22, 2025-0.43
XLUISTATE STREET(R) UTILITIES SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $22M0.35%Jul 29, 2025-0.43
DJTUT-REX 2X LONG DJT DAILY TARGET ETF $9.40MN/AMar 3, 2025-0.42
BILTiShares Infrastructure Active ETF$32M0.60%Jul 29, 2025-0.42
DGLOFIRST TRUST RBA DEGLOBALIZATION ETF $3.60M0.70%Aug 5, 2025-0.42
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.41
GEVXTradr 2X Long GEV Daily ETF$52MN/AJul 10, 2025-0.41
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.41
BRKUDIREXION DAILY BRKB BULL 2X SHARES $45MN/ADec 10, 2024-0.39
DVREWEBs Defined Volatility XLRE ETF$244K0.89%Jul 22, 2025-0.39
DVUTWEBS Defined Volatility XLU ETF$273K0.89%Jul 22, 2025-0.38
IBICISHARES IBONDS OCT 2026 TERM TIPS ETF $86M0.10%Sep 13, 2023-0.38
XLSISTATE STREET(R) CONSUMER STAPLES SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $4.70M0.35%Jul 29, 2025-0.36
RBPROSHARES RUSSELL 2000 DYNAMIC DAILY BUFFER ETF $1.20M0.58%Jun 24, 2025-0.35
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.35
LCDLGRANITESHARES 2X LONG LCID DAILY ETF N/AN/AApr 21, 2025-0.34
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.34