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61 Stocks and 39 ETFs for diversifying Designer Brands (DBI)

The least correlated asset to Designer Brands (DBI) is company Republic Digital Acquisition (RDAG). The correlation is -0.7637.

Stocks that lowly correlated with DBI

SymbolName
Market cap
SectorIndustry
Correlation
RDAGRepublic Digital Acquisition Co. - Class A$310MFinancial ServicesShell Companies-0.76
BMGLBasel Medical Group Ltd$11MHealthcareMedical Care Facilities-0.66
NCTIntercont (Cayman) Ltd$2.61MIndustrialsMarine Shipping-0.64
CHPGUChampionsGate Acquisition Corp - Units (1 Ord Shs & 1 Rts)$19MFinancial ServicesShell Companies-0.61
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
SDHIUSiddhi Acquisition Corp - Units (1 Ord class A & 1/10 Rts)$73MFinancial ServicesShell Companies-0.57
POLEAndretti Acquisition Corp II - Class A$247MFinancial ServicesShell Companies-0.56
IPCXInflection Point Acquisition Corp III - Class A$261MFinancial ServicesShell Companies-0.54
SZZLUSizzle Acquisition Corp II - Units (1 Ord Cls A & 1 Rts)$70MFinancial ServicesShell Companies-0.53
KWMK Wave Media Ltd$16MCommunication ServicesEntertainment-0.52
TACHTitan Acquisition Corp - Class A$286MFinancial ServicesShell Companies-0.49
GIGGUGigCapital7 Corp - Units (1 Ord Class A & 1 War)$2.83BFinancial ServicesShell Companies-0.49
SZZLSizzle Acquisition Corp II - Class A$244MFinancial ServicesShell Companies-0.49
TACHUTitan Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$691MFinancial ServicesShell Companies-0.48
OAKUOak Woods Acquisition Corp - Class A$44MFinancial ServicesShell Companies-0.47
HMCOHumanCo Acquisition Corp - Class A$387MN/AN/A-0.47
CJMBCallan Jmb Inc$4.15MIndustrialsIntegrated Freight & Logistics-0.47
RAAQReal Asset Acquisition Corp - Class A$196MFinancial ServicesShell Companies-0.47
TVACUTexas Ventures Acquisition III Corp - Units (1 Ord Cls A & 1/2 War)$71MFinancial ServicesShell Companies-0.46
TAVITavia Acquisition Corp$122MFinancial ServicesShell Companies-0.45
BRLSBorealis Foods Inc - Class A$31MConsumer DefensivePackaged Foods-0.45
DYCQDT Cloud Acquisition Corp$23MFinancial ServicesShell Companies-0.45
AIIAmerican Integrity Insurance Group Inc$328MFinancial ServicesInsurance - Property & Casualty-0.44
OMDAOmada Health Inc$975MHealthcareHealth Information Services-0.44
DAAQUDigital Asset Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$53MFinancial ServicesShell Companies-0.44
HVIIUHennessy Capital Investment Corp VII - Units (1 Ord Shs & 1 Rts)$205MFinancial ServicesShell Companies-0.44
DAAQDigital Asset Acquisition Corp - Class A$178MFinancial ServicesShell Companies-0.43
KGKING PHARMACEUTICALS INC$85MFinancial ServicesInsurance - Reinsurance-0.43
SVCCUStellar V Capital Corp - Units (1 Ord Cls A & 1/2 War)$165MFinancial ServicesShell Companies-0.42
PLMKPlum Acquisition Corp IV - Class A$197MFinancial ServicesShell Companies-0.42
MASK3 E Network Technology Group Ltd - Class A$1.60MTechnologySoftware - Application-0.41
GAUZGauzy Ltd$12MTechnologyElectronic Components-0.41
RFAIRF Acquisition Corp II$116MFinancial ServicesShell Companies-0.41
HVIIRHennessy Capital Investment Corp VII Rights$482KN/AN/A-0.41
LITTLogistics Innovation Technologies Corp - Class A$349MN/AN/A-0.41
TVAIUThayer Ventures Acquisition Corp II - Units (1 Ord Cls A & 1 Rts)$10MFinancial ServicesShell Companies-0.40
IPEXInflection Point Acquisition Corp V - Class A$125MFinancial ServicesShell Companies-0.40
LPAAULaunch One Acquisition Corp - Units (1 Ord Class A & 1/2 War)$247MFinancial ServicesShell Companies-0.39
CUPRCuprina Holdings (Cayman) Ltd - Class A$5.42MHealthcareMedical Instruments & Supplies-0.39
ANGXAngel Studios Inc - Class A$474MCommunication ServicesEntertainment-0.38
RTACURenatus Tactical Acquisition Corp I - Units (1 Ord Cls A & 1/2 War)$75MFinancial ServicesShell Companies-0.38
HONDWHCM II Acquisition Corp. Warrant$202MN/AN/A-0.38
BACQUMerlin Inc - Units (1Ord Class A & 1 Rights)$781MFinancial ServicesShell Companies-0.38
GSHRGesher Acquisition Corp II - Class A$155MFinancial ServicesShell Companies-0.37
MRNOMurano Global Investments PLC - Class A$23MReal EstateReal Estate - Development-0.37
TVATexas Ventures Acquisition III Corp - Class A$236MFinancial ServicesShell Companies-0.37
FLACFrazier Lifesciences Acquisition Corp - Class A$175MN/AN/A-0.37
LBLandbridge Company LLC. - Class A$5.70BEnergyOil & Gas Equipment & Services-0.37
FERAFifth Era Acquisition Corp I - Class A$245MFinancial ServicesShell Companies-0.36
BEAGUBold Eagle Acquisition Corp - Units (1Ord Cls A & 1 Rts)$54MFinancial ServicesShell Companies-0.36
TRONCorner Growth Acquisition Corp 2 - Class A$996MConsumer CyclicalLeisure-0.36
LEGTLegato Merger Corp III$229MFinancial ServicesShell Companies-0.36
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.36
NVSAUNew Vista Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$350MN/AN/A-0.35
GAINLGladstone Investment Corporation$358MFinancial ServicesSpecialty Finance-0.35
MLACMountain Lake Acquisition Corp - Class A$43MN/AN/A-0.35
RXDXPrometheus Biosciences Inc$9.49BN/AN/A-0.35
RACRithm Acquisition Corp.$247MFinancial ServicesShell Companies-0.35
DRDBURoman DBDR Acquisition Corp II - Units (1 Ord Cls A & 1/2 War)$243MFinancial ServicesShell Companies-0.35

ETFs that lowly correlated with DBI

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.51
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.48
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.48
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.48
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.48
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.48
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.47
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.47
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.46
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.46
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.46
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.45
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.45
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.45
QISSIMPLIFY MULTI-QIS ALTERNATIVE ETF $54M1.21%Jul 10, 2023-0.43
NVYYGraniteShares YieldBOOST NVDA ETF$59M1.15%May 12, 2025-0.42
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.42
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.41
REFAINVESCO INTERNATIONAL REVENUE ETF$5.40M0.32%Dec 11, 2025-0.41
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.41
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.40
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.39
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.39
NFLWROUNDHILL NFLX WEEKLYPAY ETF $16MN/AJun 17, 2025-0.39
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.38
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.38
GGLSDIREXION DAILY GOOGL BEAR 1X SHARES $17M1.02%Sep 6, 2022-0.38
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.37
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.37
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.37
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.37
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.36
OILDBank of Montreal$19MN/ANov 8, 2021-0.36
AVSDIREXION DAILY AVGO BEAR 1X SHARES $6.90M1.03%Oct 9, 2024-0.36
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.35
IBICISHARES IBONDS OCT 2026 TERM TIPS ETF $81M0.10%Sep 13, 2023-0.35
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.35
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.35
SCHQSCHWAB LONG-TERM U.S. TREASURY ETF $897M0.03%Oct 9, 2019-0.35