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79 Stocks and 21 ETFs for diversifying Babcock & Wilcox Enterprises (BW-P-A)

The least correlated asset to Babcock & Wilcox Enterprises (BW-P-A) is ETF JHDG (WISDOMTREE JAPAN HEDGED QUALITY DIVIDEND GROWTH FUND NA). The correlation is -1.

Stocks that lowly correlated with BW-P-A

SymbolName
Market cap
SectorIndustry
Correlation
SOLEmeren Group Ltd American Depositary Shares, each representing 10 shares$100MTechnologySolar-0.94
LGPSLogProstyle Inc$16MIndustrialsConglomerates-0.81
LCCCLakeshore Acquisition III Corp$72MFinancial ServicesShell Companies-0.72
CCIXChurchill Capital Corp IX$310MFinancial ServicesShell Companies-0.71
NAMIJinxin Technology Holding Company$34MCommunication ServicesInternet Content & Information-0.64
JCICUJack Creek Investment Corp - Units (1 Ord Share Class A & 1/2 War)$432MN/AN/A-0.63
HCAIHuachen AI Parking Management Technology Holding Co. Ltd$13MIndustrialsFarm & Heavy Construction Machinery-0.62
NTCLNetClass Technology Inc - Class A$8.13MTechnologySoftware - Application-0.60
EPWKEPWK Holdings Ltd - Class A$9.78KTechnologySoftware - Application-0.60
AGTCApplied Genetic Technologies Corp$26MN/AN/A-0.58
AGFSAgroFresh Solutions Inc$157MN/AN/A-0.58
TMACMusic Acquisition Corporation - Series A$290MN/AN/A-0.57
OFALOFA Group$10MIndustrialsEngineering & Construction-0.57
FTPAFTAC Parnassus Acquisition Corp - Class A$302MFinancial ServicesShell Companies-0.54
ELPWElong Power Holding Ltd$645KIndustrialsElectrical Equipment & Parts-0.52
WSBKWinchester Bancorp Inc$119MFinancial ServicesBanks - Regional-0.50
HMRSports Properties Acquisition Corp$73MIndustrialsMarine Shipping-0.50
CAPNUCayson Acquisition Corp - Units (1 1 Rights)$20MFinancial ServicesShell Companies-0.49
TSIBTishman Speyer Innovation Corp II - Class A$302MN/AN/A-0.48
PNBKPatriot National Bancorp Inc$120MFinancial ServicesBanks - Regional-0.48
SORATop Win International Ltd$65MConsumer CyclicalLuxury Goods-0.48
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.48
TRONCorner Growth Acquisition Corp 2 - Class A$996MConsumer CyclicalLeisure-0.47
ANGXAngel Studios Inc - Class A$474MCommunication ServicesEntertainment-0.46
OHPAOrion Acquisition Corp - Class A$417MN/AN/A-0.46
WYHGWing Yip Food Holdings Group Ltd$43MConsumer DefensivePackaged Foods-0.46
AKUSAkouos Inc$490MN/AN/A-0.45
SWETAthlon Acquisition Corp - Class A$278MN/AN/A-0.45
HSPTRHorizon Space Acquisition II Corp Right$763KN/AN/A-0.44
CHPGChampionsGate Acquisition Corp - Class A$77MFinancial ServicesShell Companies-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
CPRTCopart Inc$32BIndustrialsSpecialty Business Services-0.43
SPTKSportsTek Acquisition Corp - Class A$219MN/AN/A-0.43
GIBOGIBO Holdings Ltd$42MCommunication ServicesInternet Content & Information-0.43
AZIAutozi Internet Technology (Global) Ltd - Class A$9.05MConsumer CyclicalAuto & Truck Dealerships-0.43
RAYRaytech Holding Ltd$9.91MConsumer DefensiveHousehold & Personal Products-0.43
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
MRXMarex Group Plc$3.85BFinancial ServicesCapital Markets-0.41
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
MONCUMonument Circle Acquisition Corp - Units (1 Ord Class A & 1/2 War)$251MN/AN/A-0.40
DFDVDeFi Development Corp$127MFinancial ServicesAsset Management-0.38
CAPNRCayson Acquisition Corp$422KN/AN/A-0.38
PRMBPrimo Brands Corp - Class A$8.97BConsumer DefensiveBeverages - Non-alcoholic-0.38
MACIUMelar Acquisition Corp I - Units (1 Ord Class A & 1 War)$197MFinancial ServicesShell Companies-0.38
ZBAIATIF Holdings Ltd$155MFinancial ServicesCapital Markets-0.38
UNBUnion Bankshares Inc$109MFinancial ServicesBanks - Regional-0.37
SAICScience Applications International Corp$4.47BTechnologyInformation Technology Services-0.37
OHPAUOrion Acquisition Corp - Units (1 Ord Share Class A & 1/4 War)$417MN/AN/A-0.37
PMTWPennymac Mortgage Investment Trust$2.23BN/AN/A-0.36
MWYNMarwynn Holdings Inc$17MConsumer CyclicalFurnishings, Fixtures & Appliances-0.36
LIONLionsgate Studios Corp - New$3.99BFinancial ServicesShell Companies-0.36
MNTNMNTN Inc - Class A$653MTechnologySoftware - Application-0.36
NCEWNew Century Logistics (BVI) Ltd$58MIndustrialsIntegrated Freight & Logistics-0.36
BRLIRBrilliant Acquisition Corp$567KN/AN/A-0.35
FSHPFlag Ship Acquisition Corp$58MFinancial ServicesShell Companies-0.35
FICVUFrontier Investment Corp - Units (1 Ord Share Class A & 1/3 War)$83MN/AN/A-0.35
GRDNGuardian Pharmacy Services Inc$2.49BHealthcareMedical Care Facilities-0.34
OLKOlink Holding AB (publ)$3.24BHealthcareDiagnostics & Research-0.34
KNFKnife River Corp$4.44BBasic MaterialsBuilding Materials-0.34
WGRXWellgistics Health Inc$7.55MHealthcarePharmaceutical Retailers-0.34
PTLEPTL Ltd$70MConsumer CyclicalSpecialty Retail-0.34
PLRZPolyrizon Ltd$27MHealthcareBiotechnology-0.32
SMPLSimply Good Foods Company$1.08BConsumer DefensivePackaged Foods-0.32
DMDesktop Metal Inc - Class A$165MN/AN/A-0.32
SWETUAthlon Acquisition Corp - Units (1 Ord Class A & 1/2 War)$277MN/AN/A-0.32
ANNAAleAnna Inc - Class A$122MEnergyOil & Gas E&p-0.32
BKHARBlack Hawk Acquisition Corp$2.38MN/AN/A-0.32
BOWBowhead Specialty Holdings Inc$886MFinancial ServicesInsurance - Property & Casualty-0.31
FICVFrontier Investment Corp - Class A$83MN/AN/A-0.31
MDCXWMedicus Pharma Ltd warrant$14MHealthcareDrug Manufacturers - General-0.31
BOWNBowen Acquisition Corp$21MFinancial ServicesShell Companies-0.31
DYCQRDT Cloud Acquisition Corp$474KN/AN/A-0.31
RNWKRealnetworks Inc$35MN/AN/A-0.31
NAOVNanoVibronix Inc$15MHealthcareMedical Devices-0.31
IBTAIbotta Inc - Class A$819MTechnologySoftware - Application-0.31
CRAQCal Redwood Acquisition Corp$320MFinancial ServicesShell Companies-0.31

ETFs that lowly correlated with BW-P-A

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
JHDGWISDOMTREE JAPAN HEDGED QUALITY DIVIDEND GROWTH FUND NA$64M0.49%Apr 7, 2026-1.00
XXVSIMPLIFY ANCORATO TARGET 25 DISTRIBUTION ETF $48M0.85%Nov 17, 2025-0.86
TIERT. ROWE PRICE INTERNATIONAL EQUITY RESEARCH ETF $28M0.38%Jun 25, 2025-0.69
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.45
RBProShares Russell 2000 Dynamic Buffer ETF$1.10M0.58%Jun 24, 2025-0.41
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.41
CPSUCalamos S&P 500 Structured Alt Protection ETF June$13M0.69%Jun 2, 2025-0.41
IBICISHARES IBONDS OCT 2026 TERM TIPS ETF $81M0.10%Sep 13, 2023-0.40
ZJUNInnovator Equity Defined Protection ETF 1 Yr June$34M0.79%May 30, 2025-0.39
BRKUDIREXION DAILY BRKB BULL 2X SHARES $58MN/ADec 10, 2024-0.39
TEXNiShares Texas Equity ETF$17M0.20%Jun 23, 2025-0.36
GGLSDIREXION DAILY GOOGL BEAR 1X SHARES $17M1.02%Sep 6, 2022-0.35
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.35
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $23M0.50%Mar 6, 2024-0.34
HOLDAdvisorShares North Square McKee Core Reserves ETF$8.20MN/AAug 13, 2025-0.33
AVSDIREXION DAILY AVGO BEAR 1X SHARES $6.90M1.03%Oct 9, 2024-0.33
METDDIREXION DAILY META BEAR 1X SHARES $8.60M1.02%Jun 5, 2024-0.33
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $9.80M1.05%Jul 23, 2024-0.33
DIVNHORIZON DIVIDEND INCOME ETF $147M0.70%Jun 25, 2025-0.31
BUFHFT Vest Laddered Max Buffer ETF$53M0.95%Jun 24, 2025-0.31
QIDPROSHARES ULTRASHORT QQQ $279MN/AJul 11, 2006-0.31