Skip to main content

Want a detailed portfolio tracker?

OverviewPerformanceMetricsFinancialsETFsIndustryCorrelations
High CorrelationLow Correlation

40 Stocks and 60 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 -0.765.

Stocks that lowly correlated with BWB

SymbolName
Market cap
SectorIndustry
Correlation
TMDETMD Energy Ltd$18MEnergyOil & Gas Midstream-0.66
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
BMGLBasel Medical Group Ltd$11MHealthcareMedical Care Facilities-0.54
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.54
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.52
SCMAUSeaport Calibre Materials Acquisition Corp - Units (1 Ord Share Class A & 1/2 War)$177MN/AN/A-0.50
BDMDBaird Medical Investment Holdings Ltd .$44MHealthcareMedical Devices-0.48
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.47
STAKStak Inc$17MEnergyOil & Gas Equipment & Services-0.47
IPCXInflection Point Acquisition Corp III - Class A$261MFinancial ServicesShell Companies-0.45
FIGXUFIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$35MFinancial ServicesShell Companies-0.44
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.44
LSELeishen Energy Holding Co Ltd$77MEnergyOil & Gas Equipment & Services-0.44
TACHTitan Acquisition Corp - Class A$286MFinancial ServicesShell Companies-0.44
OMDAOmada Health Inc$975MHealthcareHealth Information Services-0.43
FLACFrazier Lifesciences Acquisition Corp - Class A$175MN/AN/A-0.43
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.42
CRCLCircle Internet Group Inc - Class A$25BFinancial ServicesCapital Markets-0.40
OMHOhmyhome Ltd$24MReal EstateReal Estate Services-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
EQVEQV Ventures Acquisition Corp.$466MFinancial ServicesShell Companies-0.37
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.37
RAAQReal Asset Acquisition Corp - Class A$196MFinancial ServicesShell Companies-0.37
NTBLNotable Labs Inc Ord$2.39MHealthcareBiotechnology-0.37
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
RFAIRF Acquisition Corp II$116MFinancial ServicesShell Companies-0.35
JEM707 Cayman Holdings Ltd$1.99MConsumer CyclicalApparel Retail-0.34
ATPCAgape ATP Corp$2.85MConsumer DefensivePackaged Foods-0.34
PRDSPardes Biosciences Inc$129MN/AN/A-0.34
STRZStarz Entertainment Corp$380MCommunication ServicesEntertainment-0.34
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.34
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.33
EONRHNR Acquisition Corp$22MEnergyOil & Gas E&p-0.33
DAICCID HoldCo Inc$5.39MTechnologyInformation Technology Services-0.33

ETFs that lowly correlated with BWB

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.77
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.66
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.63
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.62
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.62
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.62
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.61
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.60
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.59
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.58
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.58
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.55
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.54
NFLWROUNDHILL NFLX WEEKLYPAY ETF $16MN/AJun 17, 2025-0.54
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.54
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.53
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.53
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.53
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.49
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.49
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.48
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.48
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.48
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.47
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.47
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.47
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.47
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.46
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $14M1.11%Aug 14, 2024-0.46
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.46
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.46
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.45
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.45
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.44
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.44
METDDIREXION DAILY META BEAR 1X SHARES $8.60M1.02%Jun 5, 2024-0.44
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.42
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.42
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.41
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.41
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.41
WTIDBank of Montreal$6.60MN/AFeb 16, 2023-0.41
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.40
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.40
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.40
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.20MN/AMay 15, 2024-0.39
TNGYTORTOISE ENERGY ETF $600M0.85%Dec 27, 2010-0.39
WZRDOpportunistic Trader ETF$3.90M1.00%Jun 24, 2025-0.39
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $40MN/ANov 6, 2008-0.38
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.38
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.38
CSHPEnhanced Short-Term Bond ETF$190M0.20%Jul 17, 2024-0.38
CLIMCLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF $1.30M0.90%Mar 11, 2026-0.38
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $23M0.50%Mar 6, 2024-0.37
OILDBank of Montreal$19MN/ANov 8, 2021-0.35
USEUSCF ENERGY COMMODITY STRATEGY ABSOLUTE RETURN FUND $2.60M0.79%May 3, 2023-0.35
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $19M1.05%May 1, 2024-0.34
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.33
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.33
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $9.80M1.05%Jul 23, 2024-0.33