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25 Stocks and 75 ETFs for diversifying First Hawaiian (FHB)

The least correlated asset to First Hawaiian (FHB) is ETF SKRE (TUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF). The correlation is -0.914.

Stocks that lowly correlated with FHB

SymbolName
Market cap
SectorIndustry
Correlation
GTERUGloba Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts)$53MFinancial ServicesShell Companies-0.78
VNMEUVendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War)$52MFinancial ServicesShell Companies-0.74
OFSSOOFS Capital Corp$341MN/AN/A-0.64
INACRIndigo Acquisition Corp Right$448KN/AN/A-0.63
JMACUMaxpro Capital Acquisition Corp - Units (1 Ord Share Class A & 1 War)$150MN/AN/A-0.58
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.54
PCPremium Catering (Holdings) Ltd$30MIndustrialsSpecialty Business Services-0.51
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.51
INACUIndigo Acquisition Corp - Units (1 Ord Shs & 1 Rts)$34MFinancial ServicesShell Companies-0.49
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.47
CCIIWCohen Circle Acquisition Corp II - Warrants(01/07/2030)$3.81MN/AN/A-0.47
ALMAlma Metals Limited$3.90BBasic MaterialsOther Industrial Metals & Mining-0.47
INACIndigo Acquisition Corp$118MFinancial ServicesShell Companies-0.46
SCAQUStratim Cloud Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$286MN/AN/A-0.44
ELOGEastern International Ltd$9.59MIndustrialsIntegrated Freight & Logistics-0.41
VNMEWVendome Acquisition Corporation I Warrant$2.70MN/AN/A-0.41
HVMCUHighview Merger Corp - Units (1 Ord Cls A & 1/2 War)$52MFinancial ServicesShell Companies-0.40
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.40
EFC-P-DEllington Financial Inc$2.84BN/AN/A-0.40
CRCLCircle Internet Group Inc - Class A$16BFinancial ServicesCapital Markets-0.39
YSXTYsx Tech Co.Ltd - Class A$20MIndustrialsSpecialty Business Services-0.38
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.37
OMHOhmyhome Ltd$8.22MReal EstateReal Estate Services-0.36
ATPCAgape ATP Corp$2.52MConsumer DefensivePackaged Foods-0.36
TOACUTalon 1 Acquisition Corp - Units (1 Ord Class A & 1/2 War)$143MN/AN/A-0.35

ETFs that lowly correlated with FHB

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.91
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.77
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.75
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.74
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.74
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.73
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.72
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.71
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.71
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.71
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.70
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.69
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.67
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.67
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.66
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.66
DVUTWEBS Defined Volatility XLU ETF$273K0.89%Jul 22, 2025-0.65
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.62
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.60
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.60
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.58
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.58
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.58
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.58
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.57
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.55
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.54
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.54
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.53
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.53
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.52
BESFBASTION ENERGY ETF $33M0.80%Jun 3, 2025-0.52
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.52
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.52
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.51
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.50
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.50
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.49
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.49
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.48
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.48
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.48
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.48
LDRTISHARES IBONDS 1-5 YEAR TREASURY LADDER ETF $132M0.07%Nov 7, 2024-0.48
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.47
WZRDOpportunistic Trader ETF$976K1.00%Jun 24, 2025-0.47
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.47
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $16M1.05%May 1, 2024-0.47
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.46
USNGAMPLIFY SAMSUNG U.S. NATURAL GAS INFRASTRUCTURE ETF $7.40M0.59%May 19, 2025-0.46
XLUISTATE STREET(R) UTILITIES SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $22M0.35%Jul 29, 2025-0.46
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.46
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.44
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.44
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.43
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.43
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.43
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.42
OILDBank of Montreal$53MN/ANov 8, 2021-0.42
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.42
HECAHEDGEYE CAPITAL ALLOCATION ETF $312M1.30%Jun 30, 2025-0.41
GXPEGLOBAL X PURECAP MSCI ENERGY ETF $1.20M0.15%Jul 22, 2025-0.41
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$895MN/ANov 24, 2008-0.40
RBILF/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF $139M0.17%Feb 24, 2025-0.40
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.39
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, 2025-0.39
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.38
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.38
SHRTGOTHAM SHORT STRATEGIES ETF $14M1.35%Jul 31, 2017-0.38
WTIDBank of Montreal$18MN/AFeb 16, 2023-0.37
TSLSDirexion Daily TSLA Bear 1X Shares$66M0.95%Aug 8, 2022-0.36
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.36
BILTiShares Infrastructure Active ETF$32M0.60%Jul 29, 2025-0.36
TSLZT-REX 2X INVERSE TESLA DAILY TARGET ETF $31MN/AOct 18, 2023-0.36
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.36