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56 Stocks and 44 ETFs for diversifying Babcock & Wilcox Enterprises (BW)

The least correlated asset to Babcock & Wilcox Enterprises (BW) is company Elite Express (ETS). The correlation is -0.7286.

Stocks that lowly correlated with BW

SymbolName
Market cap
SectorIndustry
Correlation
ETSElite Express Holding Inc - Class A$13MIndustrialsTrucking-0.73
FIGFigma Inc - Class A$12BTechnologySoftware - Application-0.68
CRECre8 Enterprise Ltd Class A$6.60MIndustrialsSpecialty Business Services-0.66
KYIVKyivstar Group Ltd$3.48BCommunication ServicesTelecom Services-0.64
PGACPantages Capital Acquisition Corp Cl A Ord Shs$118MFinancial ServicesShell Companies-0.61
ANGXAngel Studios Inc - Class A$709MCommunication ServicesEntertainment-0.60
BMHLBluemount Holdings Ltd$146MFinancial ServicesCapital Markets-0.58
TACOBerto Acquisition Corp$314MFinancial ServicesShell Companies-0.58
FTPAFTAC Parnassus Acquisition Corp - Class A$302MFinancial ServicesShell Companies-0.57
LGPSLogProstyle Inc$26MIndustrialsConglomerates-0.57
BULLWebull Corporation$3.05BTechnologySoftware - Application-0.56
MNTNMNTN Inc - Class A$751MTechnologySoftware - Application-0.56
FRBNUForbion European Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$316MN/AN/A-0.55
RIBBRRibbon Acquisition Corp Rights$277KN/AN/A-0.53
WTGWintergreen Acquisition Corp$58MFinancial ServicesShell Companies-0.53
TGHLGrowhub Ltd (The) - Class A$19MTechnologySoftware - Infrastructure-0.52
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.51
GIBOGIBO Holdings Ltd$106MCommunication ServicesInternet Content & Information-0.51
CHAChagee Holdings Ltd$1.84BConsumer CyclicalRestaurants-0.51
LCCCLakeshore Acquisition III Corp$72MFinancial ServicesShell Companies-0.50
TWODTwo Harbors Investment Corp$2.67BN/AN/A-0.49
BOWBowhead Specialty Holdings Inc$982MFinancial ServicesInsurance - Property & Casualty-0.49
TLIHTen League International Holdings Ltd$17MIndustrialsIndustrial Distribution-0.49
HNGEHinge Health Inc - Class A$6.74BHealthcareHealth Information Services-0.48
NCTIntercont (Cayman) Ltd$3.63MIndustrialsMarine Shipping-0.48
PCAPPatriot Capital Funding Inc$324MFinancial ServicesShell Companies-0.48
GTENUGores Holdings X Inc - Units (1 Ord Class A & 1/4 War)$96MFinancial ServicesShell Companies-0.48
IBGInnovation Beverage Group Ltd$1.60MConsumer DefensiveBeverages - Wineries & Distilleries-0.47
PRMBPrimo Brands Corp - Class A$9.12BConsumer DefensiveBeverages - Non-alcoholic-0.47
RTACRenatus Tactical Acquisition Corp I - Class A$326MFinancial ServicesShell Companies-0.47
BACCBlue Acquisition Corp - Class A$214MFinancial ServicesShell Companies-0.47
CUPRCuprina Holdings (Cayman) Ltd - Class A$11MHealthcareMedical Instruments & Supplies-0.47
CAEPCantor Equity Partners III Inc - Class A$420MFinancial ServicesShell Companies-0.45
GTENGores Holdings X Inc - Class A$471MFinancial ServicesShell Companies-0.45
MCGAYorkville Acquisition Corp - Class A$176MFinancial ServicesShell Companies-0.44
GSHRGesher Acquisition Corp II - Class A$157MFinancial ServicesShell Companies-0.44
RAAQReal Asset Acquisition Corp - Class A$231MFinancial ServicesShell Companies-0.43
WYHGWing Yip Food Holdings Group Ltd$59MConsumer DefensivePackaged Foods-0.42
AZIAutozi Internet Technology (Global) Ltd - Class A$9.05MConsumer CyclicalAuto & Truck Dealerships-0.42
PLMIPlum Acquisition Corp I - Class A$192MN/AN/A-0.41
GRANGrande Group Ltd - Class A$35MFinancial ServicesCapital Markets-0.40
CRAQCal Redwood Acquisition Corp$320MFinancial ServicesShell Companies-0.40
CHYMChime Financial Inc - Class A$8.43BTechnologySoftware - Application-0.39
IOTRiOThree Ltd$13MCommunication ServicesTelecom Services-0.38
FVNNRFuture Vision II Acquisition Corporation Right$341KN/AN/A-0.38
SLDESlide Insurance Holdings Inc$2.32BFinancial ServicesInsurance - Property & Casualty-0.38
HMCOHumanCo Acquisition Corp - Class A$387MN/AN/A-0.37
GETGetnetAdquirencia e Servicos para Meios de Pagamento S.A. - Instituica$88MN/AN/A-0.37
JENAJena Acquisition Corporation II Class A$242MFinancial ServicesShell Companies-0.37
MCGAUYorkville Acquisition Corp - Units (1 Ord Cls A & 1/3 War)$52MFinancial ServicesShell Companies-0.37
RAYRaytech Holding Ltd$8.20MConsumer DefensiveHousehold & Personal Products-0.36
ASICAtegrity Specialty Holdings LLC$1.08BFinancial ServicesInsurance - Property & Casualty-0.36
SIShoulder Innovations Inc$452MN/AN/A-0.36
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.36
CARLCarlsmed Inc$301MHealthcareHealth Information Services-0.35
BKHARBlack Hawk Acquisition Corp$2.38MN/AN/A-0.35

ETFs that lowly correlated with BW

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SCOWPACER S&P SMALLCAP 600 QUALITY FCF ARISTOCRATS ETF $1.60M0.59%Aug 27, 2025-0.69
RNINBUSHIDO CAPITAL US SMID CAP EQUITY ETF $161M0.68%May 14, 2025-0.60
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.51
BASVBROWN ADVISORY SUSTAINABLE VALUE ETF $408M0.71%Jun 13, 2025-0.49
GGLSDirexion Daily GOOGL Bear 1X ETF$13M1.02%Sep 6, 2022-0.49
XXVSIMPLIFY ANCORATO TARGET 25 DISTRIBUTION ETF $46M0.85%Nov 17, 2025-0.48
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.48
UPSXTRADR 2X LONG UPST DAILY ETF $33MN/AJun 9, 2025-0.46
TFNST. ROWE PRICE FINANCIALS ETF $14M0.44%Jun 11, 2025-0.46
BULGLEVERAGE SHARES 2X LONG BULL DAILY ETF $5.20MN/AAug 8, 2025-0.45
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.45
XLIISTATE STREET(R) INDUSTRIAL SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $7.70M0.35%Jul 29, 2025-0.44
DVXFWEBs Defined Volatility XLF ETF$251K0.89%Jul 22, 2025-0.44
METWROUNDHILL META WEEKLYPAY ETF $25MN/AJun 17, 2025-0.43
ESUMEventide US Market ETF$178M0.39%Dec 17, 2024-0.43
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.43
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.43
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.42
FGSIFT VEST GROWTH STRENGTH & TARGET INCOME ETF $3M0.85%Jun 25, 2025-0.42
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.41
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.41
CSTKInvesco Comstock Contrarian Equity ETF$173M0.35%May 5, 2025-0.41
AALGLEVERAGE SHARES 2X LONG AAL DAILY ETF $5.30MN/AJul 10, 2025-0.41
XLSISTATE STREET(R) CONSUMER STAPLES SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $4.70M0.35%Jul 29, 2025-0.40
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.40
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.40
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.39
EPMVHARBOR MID CAP VALUE ETF $4.70M0.88%May 1, 2025-0.39
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.39
BASGBROWN ADVISORY SUSTAINABLE GROWTH ETF $494M0.61%Jun 13, 2025-0.39
QUSAVISTASHARES TARGET 15 USA QUALITY INCOME ETF $19M0.95%May 5, 2025-0.39
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.39
BRKUDIREXION DAILY BRKB BULL 2X SHARES $45MN/ADec 10, 2024-0.38
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.38
EPSVHARBOR SMID CAP VALUE ETF $6.30M0.88%May 1, 2025-0.38
DIVNHORIZON DIVIDEND INCOME ETF $191M0.70%Jun 25, 2025-0.38
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.37
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.36
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.36
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.36
DVXPWEBs Defined Volatility XLP ETF$251K0.89%Jul 22, 2025-0.36
DGLOFIRST TRUST RBA DEGLOBALIZATION ETF $3.60M0.70%Aug 5, 2025-0.35
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.35
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.35