Overview Performance Dividends Metrics Financials ETFs Industry Splits Correlations

81 Stock and 19 ETF First Merchants (FRME) alternatives

The most close First Merchants (FRME) alternative is ETF QABA (FIRST TRUST NASDAQ ABA COMMUNITY BANK INDEX FUND). The correlation is 0.9429.

Stocks that highly correlated with FRME

Symbol	Name	Market cap	Sector	Industry	Correlation
ONB	Old National Bancorp	$10B	Financial Services	Banks - Regional	0.91
ASB	Associated Banc-Corp	$5.12B	Financial Services	Banks - Regional	0.90
EFSC	Enterprise Financial Services Corp	$2.43B	Financial Services	Banks - Regional	0.90
FFBC	First Financial Bancorp	$3.61B	Financial Services	Banks - Regional	0.90
FULT	Fulton Financial Corp	$4.61B	Financial Services	Banks - Regional	0.90
TOWN	Townebank Portsmouth VA	$3.15B	Financial Services	Banks - Regional	0.90
FHB	First Hawaiian Inc	$3.50B	Financial Services	Banks - Regional	0.89
WBS	Webster Financial Corp	$12B	Financial Services	Banks - Regional	0.89
ABCB	Ameris Bancorp	$6.09B	Financial Services	Banks - Regional	0.89
HWC	Hancock Whitney Corp	$6.25B	Financial Services	Banks - Regional	0.89
BUSE	First Busey Corp	$2.51B	Financial Services	Banks - Regional	0.88
FNB	F.N.B. Corp	$6.86B	Financial Services	Banks - Regional	0.88
WSBC	Wesbanco Inc	$3.80B	Financial Services	Banks - Regional	0.88
CATY	Cathay General Bancorp	$4.16B	Financial Services	Banks - Regional	0.88
SBCF	Seacoast Banking Corp Of Florida	$3.25B	Financial Services	Banks - Regional	0.88
SNV	Synovus Financial Corp	$6.95B	Financial Services	Banks - Regional	0.88
WSFS	WSFS Financial Corp	$4.13B	Financial Services	Banks - Regional	0.88
PPBI	Pacific Premier Bancorp Inc	$2.33B	Financial Services	Banks - Regional	0.88
SRCE	1st Source Corp	$2B	Financial Services	Banks - Regional	0.87
UCB	United Community Banks Inc	$4.31B	Financial Services	Banks - Regional	0.87
BANR	Banner Corp	$2.38B	Financial Services	Banks - Regional	0.87
PGC	Peapack-Gladstone Financial Corp	$822M	Financial Services	Banks - Regional	0.87
HBAN	Huntington Bancshares Inc	$37B	Financial Services	Banks - Regional	0.87
BOH	Bank of Hawaii Corp	$3.29B	Financial Services	Banks - Regional	0.87
PEBO	Peoples Bancorp Inc (Marietta OH)	$1.36B	Financial Services	Banks - Regional	0.87
HOPE	Hope Bancorp Inc	$1.74B	Financial Services	Banks - Regional	0.87
CADE	Cadence Bank	$5.25B	Financial Services	Banks - Regional	0.87
CTBI	Community Trust Bancorp Inc	$1.36B	Financial Services	Banks - Regional	0.87
IBCP	Independent Bank Corporation (Ionia MI)	$747M	Financial Services	Banks - Regional	0.87
AUB	Atlantic Union Bankshares Corp	$6.01B	Financial Services	Banks - Regional	0.87
VLY	Valley National Bancorp	$8.25B	Financial Services	Banks - Regional	0.87
MBWM	Mercantile Bank Corp	$998M	Financial Services	Banks - Regional	0.87
HBNC	Horizon Bancorp Inc (IN)	$1.01B	Financial Services	Banks - Regional	0.87
PACWP	PacWest Bancorp Depositary Shares Each Representing a 140th Interest in a Share of 7.75 Fixed Rate NonCumulative Perpetual Preferred Stock Series A	$2.48B	N/A	N/A	0.86
SFNC	Simmons First National Corp - Class A	$3.37B	Financial Services	Banks - Regional	0.86
RNST	Renasant Corp	$3.99B	Financial Services	Banks - Regional	0.86
THFF	First Financial Corp - Indiana	$902M	Financial Services	Banks - Regional	0.86
CPF	Central Pacific Financial Corp	$1.01B	Financial Services	Banks - Regional	0.86
TRMK	Trustmark Corp	$2.74B	Financial Services	Banks - Regional	0.86
FBNC	First Bancorp	$2.67B	Financial Services	Banks - Regional	0.86
FISI	Financial Institutions Inc	$769M	Financial Services	Banks - Regional	0.86
FCF	First Commonwealth Financial Corp	$2.10B	Financial Services	Banks - Regional	0.86
WASH	Washington Trust Bancorp Inc	$691M	Financial Services	Banks - Regional	0.85
ZION	Zions Bancorporation N.A	$11B	Financial Services	Banks - Regional	0.85
UVSP	Univest Financial Corp	$1.23B	Financial Services	Banks - Regional	0.85
NWBI	Northwest Bancshares Inc	$2.22B	Financial Services	Banks - Regional	0.85
KEY	Keycorp	$26B	Financial Services	Banks - Regional	0.85
CBSH	Commerce Bancshares Inc	$8.48B	Financial Services	Banks - Regional	0.85
HFWA	Heritage Financial Corp	$1.24B	Financial Services	Banks - Regional	0.85
WTFC	Wintrust Financial Corp	$11B	Financial Services	Banks - Regional	0.85
FMBH	First Mid Bancshares Inc	$1.30B	Financial Services	Banks - Regional	0.85
HTBK	Heritage Commerce Corp	$825M	Financial Services	Banks - Regional	0.85
OCFC	OceanFirst Financial Corp	$1.69B	Financial Services	Banks - Regional	0.85
DCOM	Dime Community Bancshares Inc	$1.79B	Financial Services	Banks - Regional	0.85
CCNE	CNB Financial Corp (PA)	$996M	Financial Services	Banks - Regional	0.85
PFS	Provident Financial Services Inc	$3.08B	Financial Services	Banks - Regional	0.85
RF	Regions Financial Corp	$27B	Financial Services	Banks - Regional	0.84
GSBC	Great Southern Bancorp Inc	$843M	Financial Services	Banks - Regional	0.84
QCRH	QCR Holding Inc	$1.60B	Financial Services	Banks - Regional	0.84
CNOB	ConnectOne Bancorp Inc	$1.66B	Financial Services	Banks - Regional	0.84
CFG	Citizens Financial Group Inc	$30B	Financial Services	Banks - Regional	0.84
SMBK	SmartFinancial Inc	$809M	Financial Services	Banks - Regional	0.84
STBA	S & T Bancorp Inc	$1.79B	Financial Services	Banks - Regional	0.84
WAL	Western Alliance Bancorp	$8.85B	Financial Services	Banks - Regional	0.84
BKU	BankUnited Inc	$3.55B	Financial Services	Banks - Regional	0.84
MTB	M & T Bank Corp	$37B	Financial Services	Banks - Regional	0.84
PNC	PNC Financial Services Group Inc	$103B	Financial Services	Banks - Regional	0.84
OBK	Origin Bancorp Inc	$1.59B	Financial Services	Banks - Regional	0.84
SSB	SouthState Corporation	$9.91B	Financial Services	Banks - Regional	0.84
HBT	HBT Financial Inc	$1.17B	Financial Services	Banks - Regional	0.84
PFBC	Preferred Bank	$1.31B	Financial Services	Banks - Regional	0.84
UBSI	United Bankshares Inc	$6.52B	Financial Services	Banks - Regional	0.83
SHBI	Shore Bancshares Inc	$770M	Financial Services	Banks - Regional	0.83
HTB	HomeTrust Bancshares Inc	$818M	Financial Services	Banks - Regional	0.83
UMBF	UMB Financial Corp	$11B	Financial Services	Banks - Regional	0.83
STEL	Stellar Bancorp, Inc.	$2B	Financial Services	Banks - Regional	0.83
EWBC	East West Bancorp Inc	$18B	Financial Services	Banks - Regional	0.83
EQBK	Equity Bancshares Inc - Class A	$1.03B	Financial Services	Banks - Regional	0.83
BBT	Beacon Financial Corp	$2.54B	Financial Services	Banks - Regional	0.83
TRST	Trustco Bank Corp	$960M	Financial Services	Banks - Regional	0.83
FIBK	First Interstate BancSystem Inc	$3.83B	Financial Services	Banks - Regional	0.83

ETFs that highly correlated with FRME

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
QABA	FIRST TRUST NASDAQ ABA COMMUNITY BANK INDEX FUND	$88M	0.60%	Jun 29, 2009	0.94
DPST	DIREXION DAILY REGIONAL BANKS BULL 3X SHARES	$448M	N/A	Aug 19, 2015	0.93
KRE	STATE STREET(R) SPDR(R) S&P REGIONAL BANKING(SM) ETF	$4.70B	0.35%	Jun 19, 2006	0.92
FDIQ	Invesco KBW Regional Banking ETF	$47M	0.35%	Nov 1, 2011	0.92
KBE	STATE STREET(R) SPDR(R) S&P(R) BANK ETF	$1.50B	0.35%	Nov 8, 2005	0.91
SVAL	ISHARES US SMALL CAP VALUE FACTOR ETF	$198M	0.20%	Oct 27, 2020	0.89
IAT	ISHARES U.S. REGIONAL BANKS ETF	$656M	0.38%	May 1, 2006	0.89
PSCF	INVESCO S&P SMALLCAP FINANCIALS ETF	$27M	0.29%	Apr 7, 2010	0.88
FTXO	FIRST TRUST NASDAQ BANK ETF	$302M	0.60%	Sep 20, 2016	0.88
SMLV	STATE STREET(R) SPDR(R) US SMALL CAP LOW VOLATILITY INDEX ETF	$255M	0.12%	Feb 20, 2013	0.87
HWSM	HOTCHKIS & WILEY SMID CAP DIVERSIFIED VALUE FUND	$2.80M	0.55%	Mar 28, 2025	0.86
BTO	John Hancock Financial Opportunities Fund	$803M	N/A	N/A	0.86
SMDV	PROSHARES RUSSELL 2000 DIVIDEND GROWERS ETF	$695M	0.40%	Feb 3, 2015	0.86
KBWB	INVESCO KBW BANK ETF	$6.50B	0.35%	Nov 1, 2011	0.85
MFSV	MFS ACTIVE VALUE ETF	$526M	0.44%	Dec 4, 2024	0.83
DES	WISDOMTREE U.S. SMALLCAP DIVIDEND FUND	$2.20B	0.38%	Jun 16, 2006	0.83
FXO	FIRST TRUST FINANCIALS ALPHADEX FUND	$1.10B	0.60%	May 8, 2007	0.83
CSB	VICTORYSHARES US SMALL CAP HIGH DIV VOLATILITY WTD ETF	$259M	0.35%	Jul 7, 2015	0.83
JPSV	JPMORGAN ACTIVE SMALL CAP VALUE ETF	$27M	0.55%	Mar 7, 2023	0.83