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High CorrelationLow Correlation

38 Stocks and 62 ETFs for diversifying Bridgewater Bancshares (BWB)

The least correlated asset to Bridgewater Bancshares (BWB) is ETF SKRE (TUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF). The correlation is -0.7693.

Stocks that lowly correlated with BWB

SymbolName
Market cap
SectorIndustry
Correlation
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.62
JMACUMaxpro Capital Acquisition Corp - Units (1 Ord Share Class A & 1 War)$150MN/AN/A-0.62
TOACUTalon 1 Acquisition Corp - Units (1 Ord Class A & 1/2 War)$143MN/AN/A-0.61
SCAQUStratim Cloud Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$286MN/AN/A-0.55
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$18MFinancial ServicesShell Companies-0.51
INACIndigo Acquisition Corp$118MFinancial ServicesShell Companies-0.51
CTWCTW Cayman - Class A$147MCommunication ServicesElectronic Gaming & Multimedia-0.51
GTERUGloba Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts)$53MFinancial ServicesShell Companies-0.51
SCMAUSeaport Calibre Materials Acquisition Corp - Units (1 Ord Share Class A & 1/2 War)$177MN/AN/A-0.50
BMGLBasel Medical Group Ltd$9.61MHealthcareMedical Care Facilities-0.49
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.49
CRCLCircle Internet Group Inc - Class A$16BFinancial ServicesCapital Markets-0.48
BDMDBaird Medical Investment Holdings Ltd .$34MHealthcareMedical Devices-0.48
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.47
FLACFrazier Lifesciences Acquisition Corp - Class A$175MN/AN/A-0.43
OMHOhmyhome Ltd$8.22MReal EstateReal Estate Services-0.42
KCHVKochav Defense Acquisition Corp - Class A$263MFinancial ServicesShell Companies-0.41
LSELeishen Energy Holding Co Ltd$78MEnergyOil & Gas Equipment & Services-0.41
STRCMicrostrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock$29BTechnologySoftware - Application-0.41
OFSSOOFS Capital Corp$341MN/AN/A-0.40
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.39
VNMEUVendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War)$52MFinancial ServicesShell Companies-0.39
HMCOHumanCo Acquisition Corp - Class A$387MN/AN/A-0.39
NVSAUNew Vista Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$350MN/AN/A-0.38
SSEAUStarry Sea Acquisition Corp - Units (1 Ord Shs & 1/6 Rts)$19MFinancial ServicesShell Companies-0.38
APUSApimeds Pharmaceuticals US Inc$8.51MHealthcareDrug Manufacturers - Specialty & Generic-0.37
EQVEQV Ventures Acquisition Corp.$466MFinancial ServicesShell Companies-0.37
BLSHBullish$3.80BTechnologySoftware - Infrastructure-0.37
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.37
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.37
RAAQUReal Asset Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$65MFinancial ServicesShell Companies-0.36
TMUSLTMobile US Inc 6.250 Senior Notes due 2069$27BN/AN/A-0.36
GENQUESGL Holdings Ltd - Units (1 Ord Share Class A & 1 War)$99MN/AN/A-0.36
DLCAUDeep Lake Capital Acquisition Corp - Units (1 Ord Class A & 1/2 War)$262MN/AN/A-0.36
AHRNUAhren Acquisition Corp - Units (1 Ord Share Class A & 1/2 War)$79MN/AN/A-0.36
LITTLogistics Innovation Technologies Corp - Class A$349MN/AN/A-0.36
DFSCDEFSEC Technologies Inc Com$3.99MIndustrialsAerospace & Defense-0.35
FIGXFIGX Capital Acquisition Corp - Class A$159MFinancial ServicesShell Companies-0.35

ETFs that lowly correlated with BWB

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.77
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.75
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.75
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.66
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.63
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.63
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.63
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.62
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.60
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.60
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.60
RBILF/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF $139M0.17%Feb 24, 2025-0.58
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.57
WZRDOpportunistic Trader ETF$976K1.00%Jun 24, 2025-0.57
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.57
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.57
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.55
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.54
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.54
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.53
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.53
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.52
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.51
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.48
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.48
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.47
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.47
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.47
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.47
USNGAMPLIFY SAMSUNG U.S. NATURAL GAS INFRASTRUCTURE ETF $7.40M0.59%May 19, 2025-0.47
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.47
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.46
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.46
WTIPWISDOMTREE INFLATION PLUS FUND $21M0.65%Jun 16, 2025-0.46
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.45
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.45
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.45
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.45
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.45
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.44
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.43
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.43
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.43
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.42
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.42
CSHPEnhanced Short-Term Bond ETF$106M0.20%Jul 17, 2024-0.42
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.42
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.41
XLEISTATE STREET(R) ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF$40M0.35%Jul 29, 2025-0.41
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.41
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.40
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.40
WTIDBank of Montreal$18MN/AFeb 16, 2023-0.40
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.39
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.39
USEUSCF ENERGY COMMODITY STRATEGY ABSOLUTE RETURN FUND $2.60M0.79%May 3, 2023-0.38
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.38
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.38
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.37
CLIMCLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF $1.30M0.90%Mar 11, 2026-0.37
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.36
MSTWROUNDHILL MSTR WEEKLYPAY ETF $33MN/AJul 23, 2025-0.35