Skip to main content

Want a detailed portfolio tracker?

72 Stocks and 28 ETFs for diversifying Designer Brands (DBI)

The least correlated asset to Designer Brands (DBI) is company Republic Digital Acquisition (RDAG). The correlation is -0.707.

Stocks that lowly correlated with DBI

SymbolName
Market cap
SectorIndustry
Correlation
RDAGRepublic Digital Acquisition Co. - Class A$311MFinancial ServicesShell Companies-0.71
LWACLightWave Acquisition Corp - Class A$221MFinancial ServicesShell Companies-0.68
CCIIWCohen Circle Acquisition Corp II - Warrants(01/07/2030)$3.81MN/AN/A-0.67
BMGLBasel Medical Group Ltd$9.61MHealthcareMedical Care Facilities-0.66
NCTIntercont (Cayman) Ltd$3.63MIndustrialsMarine Shipping-0.60
INACRIndigo Acquisition Corp Right$448KN/AN/A-0.59
ONCHU1RT Acquisition Corp - Units (1 Ord Cls A & 1 War)$39MFinancial ServicesShell Companies-0.58
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.58
VCICUVine Hill Capital Investment Corp - Units (1 Ord Class A & 1/2 War)$75MFinancial ServicesShell Companies-0.58
RDAGURepublic Digital Acquisition Co. - Units (1 Ord Cls A & 1/2 War)$42MFinancial ServicesShell Companies-0.57
HCMAUHCM III Acquisition Corp - Units (1 Ord Cls A & 1 War)$77MFinancial ServicesShell Companies-0.56
IPCXInflection Point Acquisition Corp III - Class A$263MFinancial ServicesShell Companies-0.56
OBAOxley Bridge Acquisition Ltd - Class A$260MFinancial ServicesShell Companies-0.55
POLEAndretti Acquisition Corp II - Class A$248MFinancial ServicesShell Companies-0.53
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.53
FIGXFIGX Capital Acquisition Corp - Class A$159MFinancial ServicesShell Companies-0.52
INACIndigo Acquisition Corp$118MFinancial ServicesShell Companies-0.52
SZZLUSizzle Acquisition Corp II - Units (1 Ord Cls A & 1 Rts)$70MFinancial ServicesShell Companies-0.51
OMDAOmada Health Inc$1.41BHealthcareHealth Information Services-0.50
SPEGUSilver Pegasus Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$35MFinancial ServicesShell Companies-0.50
KCHVKochav Defense Acquisition Corp - Class A$263MFinancial ServicesShell Companies-0.49
SDHIUSiddhi Acquisition Corp - Units (1 Ord class A & 1/10 Rts)$73MFinancial ServicesShell Companies-0.49
ELOGEastern International Ltd$9.59MIndustrialsIntegrated Freight & Logistics-0.48
TACHTitan Acquisition Corp - Class A$288MFinancial ServicesShell Companies-0.48
DAAQUDigital Asset Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$55MFinancial ServicesShell Companies-0.48
WENNWen Acquisition Corp - Class A$310MFinancial ServicesShell Companies-0.48
DAAQDigital Asset Acquisition Corp - Class A$180MFinancial ServicesShell Companies-0.47
AIIAmerican Integrity Insurance Group Inc$358MFinancial ServicesInsurance - Property & Casualty-0.47
CHPGUChampionsGate Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.47
HMCOHumanCo Acquisition Corp - Class A$387MN/AN/A-0.47
CJMBCallan Jmb Inc$4.21MIndustrialsIntegrated Freight & Logistics-0.47
CTWCTW Cayman - Class A$147MCommunication ServicesElectronic Gaming & Multimedia-0.47
INACUIndigo Acquisition Corp - Units (1 Ord Shs & 1 Rts)$34MFinancial ServicesShell Companies-0.46
TVACUTexas Ventures Acquisition III Corp - Units (1 Ord Cls A & 1/2 War)$73MFinancial ServicesShell Companies-0.46
CEPFCantor Equity Partners IV Inc - Class A$597MFinancial ServicesShell Companies-0.45
QUMSUQuantumsphere Acquisition Corp - Units (1 Ord Shs & 1 Rts)$33MFinancial ServicesShell Companies-0.45
PLMKPlum Acquisition Corp IV - Class A$197MFinancial ServicesShell Companies-0.45
RYOJrYojbaba Co. Ltd$51MIndustrialsConsulting Services-0.45
GSHRGesher Acquisition Corp II - Class A$157MFinancial ServicesShell Companies-0.44
SZZLSizzle Acquisition Corp II - Class A$245MFinancial ServicesShell Companies-0.44
OAKUOak Woods Acquisition Corp - Class A$44MFinancial ServicesShell Companies-0.43
GIGGUGigCapital7 Corp - Units (1 Ord Class A & 1 War)$2.83BFinancial ServicesShell Companies-0.43
VNMEUVendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War)$52MFinancial ServicesShell Companies-0.43
KWMK Wave Media Ltd$7.63MCommunication ServicesEntertainment-0.42
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.42
DYCQDT Cloud Acquisition Corp$23MFinancial ServicesShell Companies-0.42
ANGXAngel Studios Inc - Class A$709MCommunication ServicesEntertainment-0.42
TACHUTitan Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$691MFinancial ServicesShell Companies-0.42
LPAAULaunch One Acquisition Corp - Units (1 Ord Class A & 1/2 War)$251MFinancial ServicesShell Companies-0.42
MBVIUM3 Brigade Acquisition VI Corp - Units (1 Ord Cls A & 1/3 War)$77MFinancial ServicesShell Companies-0.41
HVIIUHennessy Capital Investment Corp VII - Units (1 Ord Shs & 1 Rts)$205MFinancial ServicesShell Companies-0.41
GTENUGores Holdings X Inc - Units (1 Ord Class A & 1/4 War)$96MFinancial ServicesShell Companies-0.41
RTACURenatus Tactical Acquisition Corp I - Units (1 Ord Cls A & 1/2 War)$77MFinancial ServicesShell Companies-0.41
VNMEWVendome Acquisition Corporation I Warrant$2.70MN/AN/A-0.41
LITTLogistics Innovation Technologies Corp - Class A$349MN/AN/A-0.41
PGACPantages Capital Acquisition Corp Cl A Ord Shs$118MFinancial ServicesShell Companies-0.41
CCIICohen Circle Acquisition Corp II - Class A$269MFinancial ServicesShell Companies-0.40
JENAJena Acquisition Corporation II Class A$242MFinancial ServicesShell Companies-0.40
BRLSBorealis Foods Inc - Class A$19MConsumer DefensivePackaged Foods-0.40
CCIIUCohen Circle Acquisition Corp II - Units (1 Ord Cls A & 1/4 War)$80MFinancial ServicesShell Companies-0.39
CRECre8 Enterprise Ltd Class A$6.60MIndustrialsSpecialty Business Services-0.39
GTENGores Holdings X Inc - Class A$471MFinancial ServicesShell Companies-0.39
HVMCUHighview Merger Corp - Units (1 Ord Cls A & 1/2 War)$52MFinancial ServicesShell Companies-0.39
KGKING PHARMACEUTICALS INC$77MFinancial ServicesInsurance - Reinsurance-0.39
WTGURWintergreen Acquisition Corp$237KN/AN/A-0.38
SVCCUStellar V Capital Corp - Units (1 Ord Cls A & 1/2 War)$168MFinancial ServicesShell Companies-0.38
LBLandbridge Company LLC. - Class A$5.70BEnergyOil & Gas Equipment & Services-0.38
RAAQReal Asset Acquisition Corp - Class A$231MFinancial ServicesShell Companies-0.37
PCAPPatriot Capital Funding Inc$324MFinancial ServicesShell Companies-0.37
RFAIRF Acquisition Corp II$116MFinancial ServicesShell Companies-0.37
EMPDEmpery Digital Inc$98MConsumer CyclicalAuto Manufacturers-0.37
HVIIRHennessy Capital Investment Corp VII Rights$482KN/AN/A-0.37

ETFs that lowly correlated with DBI

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
XLUISTATE STREET(R) UTILITIES SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $22M0.35%Jul 29, 2025-0.68
DVUTWEBS Defined Volatility XLU ETF$273K0.89%Jul 22, 2025-0.60
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.50
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.49
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.48
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.48
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.47
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.47
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.47
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.46
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.46
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.46
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.46
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.46
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.44
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.43
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.42
REFACOLUMBIA RESEARCH ENHANCED INTERNATIONAL EQUITY ETF $5.60M0.32%Dec 11, 2025-0.41
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.40
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.39
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.39
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.38
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.38
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.38
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.38
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.38
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.38
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.37