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53 Stocks and 47 ETFs for diversifying First Internet Bancorp (INBK)

The least correlated asset to First Internet Bancorp (INBK) is company OFS Capital (OFSSO). The correlation is -0.6765.

Stocks that lowly correlated with INBK

SymbolName
Market cap
SectorIndustry
Correlation
OFSSOOFS Capital Corp$341MN/AN/A-0.68
TACHTitan Acquisition Corp - Class A$288MFinancial ServicesShell Companies-0.67
INACRIndigo Acquisition Corp Right$448KN/AN/A-0.64
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.63
VNMEWVendome Acquisition Corporation I Warrant$2.70MN/AN/A-0.62
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.62
GTERUGloba Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts)$53MFinancial ServicesShell Companies-0.60
INACUIndigo Acquisition Corp - Units (1 Ord Shs & 1 Rts)$34MFinancial ServicesShell Companies-0.59
VCICUVine Hill Capital Investment Corp - Units (1 Ord Class A & 1/2 War)$75MFinancial ServicesShell Companies-0.58
TOACUTalon 1 Acquisition Corp - Units (1 Ord Class A & 1/2 War)$143MN/AN/A-0.54
RMCORoyalty Management Holding Corporation Class A Common Stock$35MFinancial ServicesAsset Management-0.52
LWACWLightWave Acquisition Corp - Warrants (06/06/2030)$178MN/AN/A-0.52
VNMEUVendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War)$52MFinancial ServicesShell Companies-0.52
LITTLogistics Innovation Technologies Corp - Class A$349MN/AN/A-0.49
SCAQUStratim Cloud Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$286MN/AN/A-0.49
CHACUCrane Harbor Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$72MFinancial ServicesShell Companies-0.49
ORIQUOrigin Investment Corp I - Units (1 Ord Cls & 1/2 War)$22MFinancial ServicesShell Companies-0.49
OMHOhmyhome Ltd$8.22MReal EstateReal Estate Services-0.48
LWACLightWave Acquisition Corp - Class A$221MFinancial ServicesShell Companies-0.47
SPEGUSilver Pegasus Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$35MFinancial ServicesShell Companies-0.46
FIGXFIGX Capital Acquisition Corp - Class A$159MFinancial ServicesShell Companies-0.46
BACQUMerlin Inc - Units (1Ord Class A & 1 Rights)$781MFinancial ServicesShell Companies-0.46
MAMKMaxsMaking Inc - Class A$195MIndustrialsConglomerates-0.45
ELOGEastern International Ltd$9.59MIndustrialsIntegrated Freight & Logistics-0.45
SDHIRSiddhi Acquisition Corp$1.13MN/AN/A-0.45
EMPGEmpro Group Inc$139MHealthcareMedical Distribution-0.45
GETGetnetAdquirencia e Servicos para Meios de Pagamento S.A. - Instituica$88MN/AN/A-0.45
RFAIRF Acquisition Corp II$116MFinancial ServicesShell Companies-0.44
PCPremium Catering (Holdings) Ltd$30MIndustrialsSpecialty Business Services-0.44
CHPGChampionsGate Acquisition Corp - Class A$78MFinancial ServicesShell Companies-0.44
CRAQCal Redwood Acquisition Corp$320MFinancial ServicesShell Companies-0.43
INACIndigo Acquisition Corp$118MFinancial ServicesShell Companies-0.43
BEAGUBold Eagle Acquisition Corp - Units (1Ord Cls A & 1 Rts)$55MFinancial ServicesShell Companies-0.43
DGNXDiginex Ltd$28MIndustrialsConsulting Services-0.42
TVACUTexas Ventures Acquisition III Corp - Units (1 Ord Cls A & 1/2 War)$73MFinancial ServicesShell Companies-0.42
RDACRRising Dragon Acquisition Corp$140KN/AN/A-0.42
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.42
MBVIUM3 Brigade Acquisition VI Corp - Units (1 Ord Cls A & 1/3 War)$77MFinancial ServicesShell Companies-0.42
JFBJFB Construction Holdings$63MReal EstateReal Estate - Development-0.42
GENQUESGL Holdings Ltd - Units (1 Ord Share Class A & 1 War)$99MN/AN/A-0.42
AIIAmerican Integrity Insurance Group Inc$358MFinancial ServicesInsurance - Property & Casualty-0.41
RYOJrYojbaba Co. Ltd$51MIndustrialsConsulting Services-0.41
TVACWTexas Ventures Acquisition III Corp - Warrants (23/04/2030)$153MN/AN/A-0.41
LZMHLZ Technology Holdings Ltd - Class B$9.02MTechnologyInformation Technology Services-0.41
DYCQUDT Cloud Acquisition Corp - Units (1 Ord & 1 Right)$26MFinancial ServicesShell Companies-0.41
HCMAUHCM III Acquisition Corp - Units (1 Ord Cls A & 1 War)$77MFinancial ServicesShell Companies-0.40
SZZLRSizzle Acquisition Corp II$1.47MN/AN/A-0.39
NUTRNusatrip Inc$174MConsumer CyclicalTravel Services-0.39
KCHVKochav Defense Acquisition Corp - Class A$263MFinancial ServicesShell Companies-0.39
UBXGU-BX Technology Ltd$6.42MCommunication ServicesAdvertising Agencies-0.39
AAMAA Mission Acquisition Corp.$368MFinancial ServicesShell Companies-0.38
HBNBHotel101 Global Holdings Corp$1.31BReal EstateReal Estate Services-0.38
VWAVVisionWave Holdings Inc$85MIndustrialsAerospace & Defense-0.38

ETFs that lowly correlated with INBK

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.62
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.59
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.59
DVUTWEBS Defined Volatility XLU ETF$273K0.89%Jul 22, 2025-0.59
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.58
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.57
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.57
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.56
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.56
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.55
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.55
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.55
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.54
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.54
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.53
LDRTISHARES IBONDS 1-5 YEAR TREASURY LADDER ETF $132M0.07%Nov 7, 2024-0.50
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.47
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.46
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.45
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $16M1.05%May 1, 2024-0.45
HECAHEDGEYE CAPITAL ALLOCATION ETF $312M1.30%Jun 30, 2025-0.45
WZRDOpportunistic Trader ETF$976K1.00%Jun 24, 2025-0.44
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.44
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.44
BESFBASTION ENERGY ETF $33M0.80%Jun 3, 2025-0.44
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.44
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.43
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.43
TLTXGLOBAL X TREASURY BOND ENHANCED INCOME ETF $14M0.29%Jul 15, 2025-0.43
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.42
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.42
LDDRStone Ridge 2035 Term Income ETF$42M0.25%Jan 3, 2025-0.42
FPASFPA SHORT DURATION GOVERNMENT ETF $9.90M0.10%Oct 31, 2024-0.41
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.41
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.41
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.40
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.40
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.40
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.39
MLDRGLOBAL X INTERMEDIATE-TERM TREASURY LADDER ETF $8.80M0.12%Sep 9, 2024-0.39
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.39
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.38
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $10M1.02%Sep 6, 2022-0.38
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.38
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.38
XLUISTATE STREET(R) UTILITIES SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $22M0.35%Jul 29, 2025-0.38
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.37