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35 Stocks and 65 ETFs for diversifying Independent Bank Corporation (Ionia MI) (IBCP)

The least correlated asset to Independent Bank Corporation (Ionia MI) (IBCP) is ETF SKRE (TUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF). The correlation is -0.8561.

Stocks that lowly correlated with IBCP

SymbolName
Market cap
SectorIndustry
Correlation
CTWCTW Cayman - Class A$147MCommunication ServicesElectronic Gaming & Multimedia-0.63
BMGLBasel Medical Group Ltd$9.61MHealthcareMedical Care Facilities-0.60
SSEAUStarry Sea Acquisition Corp - Units (1 Ord Shs & 1/6 Rts)$19MFinancial ServicesShell Companies-0.54
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.53
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.50
JMACUMaxpro Capital Acquisition Corp - Units (1 Ord Share Class A & 1 War)$150MN/AN/A-0.49
GTERUGloba Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts)$53MFinancial ServicesShell Companies-0.48
OMDAOmada Health Inc$1.41BHealthcareHealth Information Services-0.48
AAMAA Mission Acquisition Corp.$368MFinancial ServicesShell Companies-0.47
INACRIndigo Acquisition Corp Right$448KN/AN/A-0.46
VWAVVisionWave Holdings Inc$85MIndustrialsAerospace & Defense-0.46
ELOGEastern International Ltd$9.59MIndustrialsIntegrated Freight & Logistics-0.46
YHNAYHN Acquisition I Ltd$63MFinancial ServicesShell Companies-0.45
PCPremium Catering (Holdings) Ltd$30MIndustrialsSpecialty Business Services-0.44
VCKAUScilex Holding Company - Units (1 Ord & 1/2 War)$37MN/AN/A-0.44
INACIndigo Acquisition Corp$118MFinancial ServicesShell Companies-0.44
RFAIRF Acquisition Corp II$116MFinancial ServicesShell Companies-0.44
AIIAmerican Integrity Insurance Group Inc$358MFinancial ServicesInsurance - Property & Casualty-0.43
GENQUESGL Holdings Ltd - Units (1 Ord Share Class A & 1 War)$99MN/AN/A-0.43
EMPGEmpro Group Inc$139MHealthcareMedical Distribution-0.43
DAICCID HoldCo Inc$40MTechnologyInformation Technology Services-0.42
AMAOAmerican Acquisition Opportunity Inc - Class A$118MN/AN/A-0.42
QUMSUQuantumsphere Acquisition Corp - Units (1 Ord Shs & 1 Rts)$33MFinancial ServicesShell Companies-0.42
WWACUAeries Technology Inc - Units (1 Ord Class A & 1/2 War)$41MN/AN/A-0.42
BLSHBullish$3.80BTechnologySoftware - Infrastructure-0.41
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.41
CCIIWCohen Circle Acquisition Corp II - Warrants(01/07/2030)$3.81MN/AN/A-0.41
IBIOiBio Inc$58MHealthcareBiotechnology-0.40
IPCXInflection Point Acquisition Corp III - Class A$263MFinancial ServicesShell Companies-0.40
MENSJyong Biotech Ltd$174MHealthcareBiotechnology-0.40
FLACFrazier Lifesciences Acquisition Corp - Class A$175MN/AN/A-0.39
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.39
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$18MFinancial ServicesShell Companies-0.39
KCHVKochav Defense Acquisition Corp - Class A$263MFinancial ServicesShell Companies-0.39
EMPDEmpery Digital Inc$98MConsumer CyclicalAuto Manufacturers-0.39

ETFs that lowly correlated with IBCP

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.86
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.75
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.74
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.72
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.72
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.70
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.70
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.69
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.68
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.68
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.66
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
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.65
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.64
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.63
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.63
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.63
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.62
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.59
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.59
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.57
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.57
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.56
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.55
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, 2006-0.53
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.53
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.53
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.53
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.52
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.52
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.51
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.51
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.51
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.50
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.50
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.49
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.49
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.48
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.48
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $16M1.05%May 1, 2024-0.47
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.47
CSHPEnhanced Short-Term Bond ETF$106M0.20%Jul 17, 2024-0.46
LDRTISHARES IBONDS 1-5 YEAR TREASURY LADDER ETF $132M0.07%Nov 7, 2024-0.46
RBILF/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF $139M0.17%Feb 24, 2025-0.44
TSLZT-REX 2X INVERSE TESLA DAILY TARGET ETF $31MN/AOct 18, 2023-0.43
KCSHKRANESHARES SUSTAINABLE ULTRA SHORT DURATION INDEX ETF $170M0.20%Jul 22, 2024-0.43
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.42
CBOYCalamos Bitcoin Structured Alt Protection ETF July$4.90M0.69%Jul 7, 2025-0.42
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.42
CBTYCalamos Bitcoin 80 Series Structured Alt Protection ETF July$11M0.69%Jul 7, 2025-0.42
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.42
SSKREX-OSPREY(TM) SOL + STAKING ETF $68M0.75%Jul 1, 2025-0.41
GLXUT-REX 2X LONG GLXY DAILY TARGET ETF $18MN/AAug 7, 2025-0.41
BCCCGLOBAL X BITCOIN COVERED CALL ETF $8.20M0.75%Jun 3, 2025-0.41
PANGLEVERAGE SHARES 2X LONG PANW DAILY ETF $8.90MN/AMar 20, 2025-0.41
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.40
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.40
CBXYCalamos Bitcoin 90 Series Structured Alt Protection ETF July$5.50M0.69%Jul 7, 2025-0.40
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.40
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.40
WTIDBank of Montreal$18MN/AFeb 16, 2023-0.39
GLGGLEVERAGE SHARES 2X LONG GLXY DAILY ETF $2.80MN/AAug 20, 2025-0.39
PDDLGRANITESHARES 2X LONG PDD DAILY ETF $7.60MN/AJul 14, 2025-0.39