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High CorrelationLow Correlation

38 Stocks and 62 ETFs for diversifying Brainsway (BWAY)

The least correlated asset to Brainsway (BWAY) is ETF JHDG (WISDOMTREE JAPAN HEDGED QUALITY DIVIDEND GROWTH FUND NA). The correlation is -1.

Stocks that lowly correlated with BWAY

SymbolName
Market cap
SectorIndustry
Correlation
TACHTitan Acquisition Corp - Class A$286MFinancial ServicesShell Companies-0.58
GSHRGesher Acquisition Corp II - Class A$155MFinancial ServicesShell Companies-0.58
UYSCRUY Scuti Acquisition Corp$277KN/AN/A-0.57
QSEARQuartzsea Acquisition Corp$814KN/AN/A-0.52
SCAQUStratim Cloud Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$286MN/AN/A-0.52
CRAQCal Redwood Acquisition Corp$320MFinancial ServicesShell Companies-0.50
NCTIntercont (Cayman) Ltd$2.61MIndustrialsMarine Shipping-0.48
BOWBowhead Specialty Holdings Inc$886MFinancial ServicesInsurance - Property & Casualty-0.48
IBGInnovation Beverage Group Ltd$1.22MConsumer DefensiveBeverages - Wineries & Distilleries-0.45
SZZLRSizzle Acquisition Corp II$1.07MN/AN/A-0.44
LGPSLogProstyle Inc$16MIndustrialsConglomerates-0.44
OHPAOrion Acquisition Corp - Class A$417MN/AN/A-0.44
DGNXDiginex Ltd$31MIndustrialsConsulting Services-0.44
FTAAFTAC Athena Acquisition Corp - Class A$261MN/AN/A-0.43
PLMKUPlum Acquisition Corp IV - Units (1 Ord cls A & 1/2 Warr)$54MFinancial ServicesShell Companies-0.40
ELPWElong Power Holding Ltd$645KIndustrialsElectrical Equipment & Parts-0.38
GTENUGores Holdings X Inc - Units (1 Ord Class A & 1/4 War)$94MFinancial ServicesShell Companies-0.37
BKHAUBlack Hawk Acquisition Corp - Units (1 Ord Share Cls A & 1/5 Rts )$39MFinancial ServicesShell Companies-0.36
WWACUAeries Technology Inc - Units (1 Ord Class A & 1/2 War)$41MN/AN/A-0.35
CMDBCostamare Bulkers Holdings Ltd$409MIndustrialsMarine Shipping-0.35
BEAGUBold Eagle Acquisition Corp - Units (1Ord Cls A & 1 Rts)$54MFinancial ServicesShell Companies-0.35
HCAIHuachen AI Parking Management Technology Holding Co. Ltd$13MIndustrialsFarm & Heavy Construction Machinery-0.35
GISGeneral Mills Inc$18BConsumer DefensivePackaged Foods-0.34
IPEXUInflection Point Acquisition Corp V - Units (1 Ord Cls A & 1 Rts)$29MFinancial ServicesShell Companies-0.34
TVAIUThayer Ventures Acquisition Corp II - Units (1 Ord Cls A & 1 Rts)$10MFinancial ServicesShell Companies-0.33
MRTMedEquities Realty Trust Inc$146MTechnologySoftware - Application-0.33
SDHIRSiddhi Acquisition Corp$1.38MN/AN/A-0.33
SLDESlide Insurance Holdings Inc$2.20BFinancial ServicesInsurance - Property & Casualty-0.33
NTCLNetClass Technology Inc - Class A$8.13MTechnologySoftware - Application-0.32
RIBBRRibbon Acquisition Corp Rights$277KN/AN/A-0.32
GSRMBitcoin Depot Inc - Class A$54MN/AN/A-0.32
RDACURising Dragon Acquisition Corp - Units (1 Ord Shs & 1 Rts)$13MFinancial ServicesShell Companies-0.32
SMXTSolarMax Technology Inc$31MTechnologySolar-0.32
FVNNRFuture Vision II Acquisition Corporation Right$198KN/AN/A-0.32
CCIXChurchill Capital Corp IX$310MFinancial ServicesShell Companies-0.32
BYAHPark Ha Biological Technology Co Ltd$917KConsumer DefensiveHousehold & Personal Products-0.31
FACTUFACT II Acquisition Corp - Units (1 Ord Class A & 1/2 War)$56MFinancial ServicesShell Companies-0.31
CXAICXApp Inc - Class A$9MTechnologySoftware - Application-0.31

ETFs that lowly correlated with BWAY

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
JHDGWISDOMTREE JAPAN HEDGED QUALITY DIVIDEND GROWTH FUND NA$64M0.49%Apr 7, 2026-1.00
GGOViShares Global Government Bond USD Hedged Active$44M0.39%Jun 25, 2025-0.58
BRKUDIREXION DAILY BRKB BULL 2X SHARES $58MN/ADec 10, 2024-0.57
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.51
BRKCYIELDMAX(R) BRK.B OPTION INCOME STRATEGY ETF $7.20M1.01%Jun 4, 2025-0.49
METDDIREXION DAILY META BEAR 1X SHARES $8.60M1.02%Jun 5, 2024-0.48
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.48
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.47
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.45
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.45
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.43
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.43
WTIDBank of Montreal$6.60MN/AFeb 16, 2023-0.42
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.42
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.42
TRSYXtrackers US 0-1 Year Treasury ETF$74M0.06%Oct 8, 2024-0.42
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.41
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.41
BRKWROUNDHILL BRKB WEEKLYPAY ETF $16MN/AJun 17, 2025-0.41
ETHDProShares UltraShort Ether ETF$84MN/AJun 6, 2024-0.40
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $17M1.02%Sep 6, 2022-0.39
FPASFPA SHORT DURATION GOVERNMENT ETF $6.90M0.10%Oct 31, 2024-0.39
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.39
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.39
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.39
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.39
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.38
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.38
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $9.80M1.05%Jul 23, 2024-0.38
CSCLDirexion Daily CSCO Bull 2X ETF$5MN/AJun 24, 2025-0.38
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.37
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.37
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.36
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.36
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.36
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.36
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.36
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.36
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.35
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.35
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.35
MLDRGLOBAL X INTERMEDIATE-TERM TREASURY LADDER ETF $9.30M0.12%Sep 9, 2024-0.35
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.35
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.35
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.34
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.34
SLDRGLOBAL X SHORT-TERM TREASURY LADDER ETF $40M0.12%Sep 9, 2024-0.34
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $23M0.50%Mar 6, 2024-0.34
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.34
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.34
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.34
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.20MN/AMay 15, 2024-0.33
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.33
QIDPROSHARES ULTRASHORT QQQ $279MN/AJul 11, 2006-0.33
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.33
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.32
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.32
MSDDGRANITESHARES 2X SHORT MSTR DAILY ETF $1MN/AJun 9, 2025-0.32
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.31
TSLSDirexion Daily TSLA Bear 1X Shares$76M0.95%Aug 8, 2022-0.31
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.31
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $14M1.11%Aug 14, 2024-0.31