50 Stocks and 50 ETFs for diversifying Babcock & Wilcox Enterprises (BW)
The least correlated asset to Babcock & Wilcox Enterprises (BW) is company Two Harbors Investment (TWOD). The correlation is -0.6127.
Stocks that lowly correlated with BW
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| TWOD | Two Harbors Investment Corp | $2.67B | N/A | N/A | -0.61 |
| TACO | Berto Acquisition Corp | $315M | Financial Services | Shell Companies | -0.60 |
| ANGX | Angel Studios Inc - Class A | $474M | Communication Services | Entertainment | -0.58 |
| FTPA | FTAC Parnassus Acquisition Corp - Class A | $302M | Financial Services | Shell Companies | -0.58 |
| QSEA | Quartzsea Acquisition Corp | $87M | Financial Services | Shell Companies | -0.55 |
| FRBNU | Forbion European Acquisition Corp - Units (1 Ord Share Class A & 1/3 War) | $316M | N/A | N/A | -0.55 |
| BULL | Webull Corporation | $2.47B | Technology | Software - Application | -0.53 |
| LCCC | Lakeshore Acquisition III Corp | $72M | Financial Services | Shell Companies | -0.52 |
| LGPS | LogProstyle Inc | $16M | Industrials | Conglomerates | -0.50 |
| RIBBR | Ribbon Acquisition Corp Rights | $277K | N/A | N/A | -0.50 |
| UYSC | UY Scuti Acquisition Corp | $73M | Financial Services | Shell Companies | -0.48 |
| CHA | Chagee Holdings Ltd | $1.65B | Consumer Cyclical | Restaurants | -0.47 |
| PRMB | Primo Brands Corp - Class A | $8.97B | Consumer Defensive | Beverages - Non-alcoholic | -0.47 |
| IBG | Innovation Beverage Group Ltd | $1.22M | Consumer Defensive | Beverages - Wineries & Distilleries | -0.46 |
| EMA | Emera Incorporated | $16B | Utilities | Utilities - Regulated Electric | -0.46 |
| CAEP | Cantor Equity Partners III Inc - Class A | $420M | Financial Services | Shell Companies | -0.46 |
| BOW | Bowhead Specialty Holdings Inc | $886M | Financial Services | Insurance - Property & Casualty | -0.45 |
| RTAC | Renatus Tactical Acquisition Corp I - Class A | $326M | Financial Services | Shell Companies | -0.44 |
| NCT | Intercont (Cayman) Ltd | $2.61M | Industrials | Marine Shipping | -0.42 |
| WYHG | Wing Yip Food Holdings Group Ltd | $43M | Consumer Defensive | Packaged Foods | -0.41 |
| PLMI | Plum Acquisition Corp I - Class A | $192M | N/A | N/A | -0.41 |
| ELPW | Elong Power Holding Ltd | $645K | Industrials | Electrical Equipment & Parts | -0.40 |
| MCGAU | Yorkville Acquisition Corp - Units (1 Ord Cls A & 1/3 War) | $52M | Financial Services | Shell Companies | -0.40 |
| GTENU | Gores Holdings X Inc - Units (1 Ord Class A & 1/4 War) | $94M | Financial Services | Shell Companies | -0.40 |
| BMNR | BitMine Immersion Technologies Inc | $9.30B | Financial Services | Capital Markets | -0.40 |
| VOYG | Voyager Technologies Inc - Class A | $2.83B | Industrials | Aerospace & Defense | -0.40 |
| HPAI | Helport AI Ltd | $33M | Technology | Software - Infrastructure | -0.39 |
| CUPR | Cuprina Holdings (Cayman) Ltd - Class A | $5.42M | Healthcare | Medical Instruments & Supplies | -0.39 |
| AZI | Autozi Internet Technology (Global) Ltd - Class A | $9.05M | Consumer Cyclical | Auto & Truck Dealerships | -0.39 |
| RAY | Raytech Holding Ltd | $9.91M | Consumer Defensive | Household & Personal Products | -0.38 |
| HMCO | HumanCo Acquisition Corp - Class A | $387M | N/A | N/A | -0.37 |
| TRON | Corner Growth Acquisition Corp 2 - Class A | $996M | Consumer Cyclical | Leisure | -0.37 |
| GET | GetnetAdquirencia e Servicos para Meios de Pagamento S.A. - Instituica | $88M | N/A | N/A | -0.37 |
| TACOW | Berto Acquisition Corp - Warrants (01/05/2030) | $1.62M | N/A | N/A | -0.37 |
| HCAI | Huachen AI Parking Management Technology Holding Co. Ltd | $13M | Industrials | Farm & Heavy Construction Machinery | -0.36 |
| GSHR | Gesher Acquisition Corp II - Class A | $155M | Financial Services | Shell Companies | -0.36 |
| AFJKR | Aimei Health Technology Co Ltd | $617K | N/A | N/A | -0.36 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.36 |
| AACI | Armada Acquisition Corp I | $77M | Financial Services | Shell Companies | -0.36 |
| CAPNR | Cayson Acquisition Corp | $422K | N/A | N/A | -0.36 |
| WSBK | Winchester Bancorp Inc | $119M | Financial Services | Banks - Regional | -0.35 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.35 |
| TRUG | TruGolf Holdings Inc - Class A | $1.24M | Consumer Cyclical | Leisure | -0.35 |
| CNL | Collective Mining Ltd. | $1.40B | Basic Materials | Gold | -0.34 |
| BKHAR | Black Hawk Acquisition Corp | $2.38M | N/A | N/A | -0.34 |
| GATE | VISTASHARES TARGET 15 GATE ENDOWMENT DISTRIBUTION ETF | $425M | Financial Services | Shell Companies | -0.34 |
| KKRT | KKR & Co. Inc | $22B | N/A | N/A | -0.33 |
| BYAH | Park Ha Biological Technology Co Ltd | $917K | Consumer Defensive | Household & Personal Products | -0.33 |
| JLHL | Julong Holding Ltd - Class A | $457M | Industrials | Building Products & Equipment | -0.33 |
| GATEU | Marblegate Acquisition Corp - Units (1 Ord Share Class A & 1/2 War) | $340M | Financial Services | Shell Companies | -0.33 |