Overview Performance Dividends Metrics Financials ETFs Industry Correlations

46 Stocks and 54 ETFs for diversifying Independent Bank (INDB)

The least correlated asset to Independent Bank (INDB) is ETF SKRE (TUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF). The correlation is -0.92.

Stocks that lowly correlated with INDB

Symbol	Name	Market cap	Sector	Industry	Correlation
CTW	CTW Cayman - Class A	$147M	Communication Services	Electronic Gaming & Multimedia	-0.76
SSEAU	Starry Sea Acquisition Corp - Units (1 Ord Shs & 1/6 Rts)	$19M	Financial Services	Shell Companies	-0.63
CRCL	Circle Internet Group Inc - Class A	$16B	Financial Services	Capital Markets	-0.62
JMACU	Maxpro Capital Acquisition Corp - Units (1 Ord Share Class A & 1 War)	$150M	N/A	N/A	-0.59
BMGL	Basel Medical Group Ltd	$9.61M	Healthcare	Medical Care Facilities	-0.58
TMDE	TMD Energy Ltd	$21M	Energy	Oil & Gas Midstream	-0.58
GTERU	Globa Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts)	$53M	Financial Services	Shell Companies	-0.56
CCIIW	Cohen Circle Acquisition Corp II - Warrants(01/07/2030)	$3.81M	N/A	N/A	-0.56
INACR	Indigo Acquisition Corp Right	$448K	N/A	N/A	-0.56
VNMEU	Vendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War)	$52M	Financial Services	Shell Companies	-0.53
INAC	Indigo Acquisition Corp	$118M	Financial Services	Shell Companies	-0.52
KCHV	Kochav Defense Acquisition Corp - Class A	$263M	Financial Services	Shell Companies	-0.51
DFSC	DEFSEC Technologies Inc Com	$3.99M	Industrials	Aerospace & Defense	-0.51
BLSH	Bullish	$3.80B	Technology	Software - Infrastructure	-0.50
EMPD	Empery Digital Inc	$98M	Consumer Cyclical	Auto Manufacturers	-0.49
ELOG	Eastern International Ltd	$9.59M	Industrials	Integrated Freight & Logistics	-0.49
WTGUU	Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)	$18M	Financial Services	Shell Companies	-0.49
QUMSU	Quantumsphere Acquisition Corp - Units (1 Ord Shs & 1 Rts)	$33M	Financial Services	Shell Companies	-0.49
VCXA	10X Capital Venture Acquisition Corp II - Class A	$86M	N/A	N/A	-0.46
PC	Premium Catering (Holdings) Ltd	$30M	Industrials	Specialty Business Services	-0.45
IPCX	Inflection Point Acquisition Corp III - Class A	$263M	Financial Services	Shell Companies	-0.45
OMDA	Omada Health Inc	$1.41B	Healthcare	Health Information Services	-0.44
CDTG	CDT Environmental Technology Investment Holdings Ltd	$3.77M	Industrials	Waste Management	-0.44
GENQU	ESGL Holdings Ltd - Units (1 Ord Share Class A & 1 War)	$99M	N/A	N/A	-0.43
YSXT	Ysx Tech Co.Ltd - Class A	$20M	Industrials	Specialty Business Services	-0.42
APADR	Enhanced Group Inc	$6.67M	N/A	N/A	-0.42
OFSSO	OFS Capital Corp	$341M	N/A	N/A	-0.42
CCCX	Churchill Capital Corp X - Class A	$570M	Financial Services	Shell Companies	-0.41
STRZ	Starz Entertainment Corp	$468M	Communication Services	Entertainment	-0.41
OBA	Oxley Bridge Acquisition Ltd - Class A	$260M	Financial Services	Shell Companies	-0.40
TOACU	Talon 1 Acquisition Corp - Units (1 Ord Class A & 1/2 War)	$143M	N/A	N/A	-0.40
PRDS	Pardes Biosciences Inc	$129M	N/A	N/A	-0.39
RDAG	Republic Digital Acquisition Co. - Class A	$311M	Financial Services	Shell Companies	-0.39
HVMCU	Highview Merger Corp - Units (1 Ord Cls A & 1/2 War)	$52M	Financial Services	Shell Companies	-0.39
AII	American Integrity Insurance Group Inc	$358M	Financial Services	Insurance - Property & Casualty	-0.38
TVAIR	Thayer Ventures Acquisition Corporation II Rights	$166K	N/A	N/A	-0.38
OMH	Ohmyhome Ltd	$8.22M	Real Estate	Real Estate Services	-0.38
NAACU	North Atlantic Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)	$482M	N/A	N/A	-0.38
BDMD	Baird Medical Investment Holdings Ltd .	$34M	Healthcare	Medical Devices	-0.37
PACH	Pioneer Acquisition I Corp - Class A	$260M	Financial Services	Shell Companies	-0.37
BYAH	Park Ha Biological Technology Co Ltd	$917K	Consumer Defensive	Household & Personal Products	-0.37
EFC-P-D	Ellington Financial Inc	$2.84B	N/A	N/A	-0.37
LITT	Logistics Innovation Technologies Corp - Class A	$349M	N/A	N/A	-0.36
MCTR	CTRL Group Ltd	$15M	Communication Services	Advertising Agencies	-0.36
WWACU	Aeries Technology Inc - Units (1 Ord Class A & 1/2 War)	$41M	N/A	N/A	-0.36
HCHL	Happy City Holdings Ltd - Class A	$59M	Consumer Cyclical	Restaurants	-0.36

ETFs that lowly correlated with INDB

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
SKRE	TUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF	$5.20M	N/A	Jan 3, 2024	-0.92
CRCG	LEVERAGE SHARES 2X LONG CRCL DAILY ETF	$67M	N/A	Aug 8, 2025	-0.82
CCUP	T-REX 2X LONG CRCL DAILY TARGET ETF	$25M	N/A	Aug 8, 2025	-0.82
SBB	ProShares Short SmallCap600 -1x Shares	$3.30M	0.95%	Jan 23, 2007	-0.66
SDD	PROSHARES ULTRASHORT SMALLCAP600	$1.20M	N/A	Jan 23, 2007	-0.65
BNKD	Bank of Montreal	$1.10M	N/A	Feb 20, 2025	-0.64
NFLW	ROUNDHILL NFLX WEEKLYPAY ETF	$6.70M	N/A	Jun 17, 2025	-0.64
RWM	PROSHARES SHORT RUSSELL2000	$113M	0.95%	Jan 23, 2007	-0.61
TWM	ProShares UltraShort Russell2000 -2x Shares	$38M	N/A	Jan 23, 2007	-0.60
SEF	ProShares Short Financials -1x Shares	$14M	0.95%	Jun 10, 2008	-0.59
MYY	PROSHARES SHORT MIDCAP400	$2.90M	0.95%	Jun 19, 2006	-0.58
SKF	ProShares UltraShort Financials -2x Shares	$11M	N/A	May 23, 2007	-0.58
MZZ	PROSHARES ULTRASHORT MIDCAP400	$2.40M	N/A	Jul 11, 2006	-0.57
DWSH	ADVISORSHARES DORSEY WRIGHT SHORT ETF	$11M	6.22%	Jul 10, 2018	-0.57
RBIL	F/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF	$139M	0.17%	Feb 24, 2025	-0.57
DOG	PROSHARES SHORT DOW30	$111M	0.95%	Jun 19, 2006	-0.54
DXD	PROSHARES ULTRASHORT DOW30	$46M	N/A	Jul 11, 2006	-0.54
HDGE	ADVISORSHARES RANGER EQUITY BEAR ETF	$66M	3.62%	Jan 26, 2011	-0.53
HIBS	Direxion Daily S&P 500 High Beta Bear 3X Shares	$17M	N/A	Nov 7, 2019	-0.52
SIJ	ProShares UltraShort Industrials -2x Shares	$5.50M	N/A	Jan 30, 2007	-0.51
BTAL	AGF U.S. MARKET NEUTRAL ANTI-BETA FUND	$283M	1.40%	Sep 13, 2011	-0.51
SMN	ProShares UltraShort Materials	$4.10M	N/A	Jan 30, 2007	-0.48
WTIP	WISDOMTREE INFLATION PLUS FUND	$21M	0.65%	Jun 16, 2025	-0.48
EMTY	ProShares Decline of the Retail Store ETF -1x Shares	$3M	0.65%	Nov 14, 2017	-0.48
SDOW	ProShares UltraPro Short Dow30 -3x Shares	$185M	N/A	Feb 9, 2010	-0.47
DUG	ProShares UltraShort Energy	$27M	N/A	Jan 30, 2007	-0.46
SMDD	ProShares UltraPro Short MidCap400 -3x Shares	$1.90M	N/A	Feb 9, 2010	-0.46
DRIP	Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF	$131M	N/A	May 28, 2015	-0.44
MSTW	ROUNDHILL MSTR WEEKLYPAY ETF	$33M	N/A	Jul 23, 2025	-0.43
SDS	ProShares UltraShort S&P500 -2x Shares	$398M	N/A	Jul 11, 2006	-0.43
SPDN	DIREXION DAILY S&P 500 (R) BEAR 1X SHARES	$195M	0.48%	Jun 8, 2016	-0.42
ERY	DIREXION DAILY ENERGY BEAR 2X SHARES	$49M	N/A	Nov 6, 2008	-0.42
SH	ProShares Short S&P500 -1x Shares	$973M	0.89%	Jun 19, 2006	-0.42
CRSH	YIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF	$16M	1.05%	May 1, 2024	-0.42
TSLZ	T-REX 2X INVERSE TESLA DAILY TARGET ETF	$31M	N/A	Oct 18, 2023	-0.41
SJB	PROSHARES SHORT HIGH YIELD	$56M	0.95%	Mar 21, 2011	-0.41
TAIL	CAMBRIA TAIL RISK ETF	$147M	0.59%	Apr 5, 2017	-0.40
TSMZ	DIREXION DAILY TSM BEAR 1X SHARES	$2.80M	1.01%	Oct 2, 2024	-0.40
EFZ	ProShares Short MSCI EAFE -1X Shares	$12M	0.95%	Oct 23, 2007	-0.39
MSTP	GRANITESHARES 2X LONG MSTR DAILY ETF	$5.20M	N/A	Jun 9, 2025	-0.38
EFU	ProShares UltraShort MSCI EAFE -2x Shares	$1.20M	N/A	Oct 23, 2007	-0.38
GLXU	T-REX 2X LONG GLXY DAILY TARGET ETF	$18M	N/A	Aug 7, 2025	-0.38
EPV	ProShares UltraShort FTSE Europe -2X Shares	$13M	N/A	Jun 16, 2009	-0.37
SRS	ProShares UltraShort Real Estate -2x Shares	$16M	N/A	Jan 30, 2007	-0.37
REK	PROSHARES SHORT REAL ESTATE	$9.80M	0.95%	Mar 16, 2010	-0.37
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	$35M	0.89%	Jan 17, 2018	-0.36
WZRD	Opportunistic Trader ETF	$976K	1.00%	Jun 24, 2025	-0.36
METD	DIREXION DAILY META BEAR 1X SHARES	$7.90M	1.02%	Jun 5, 2024	-0.36
BCCC	GLOBAL X BITCOIN COVERED CALL ETF	$8.20M	0.75%	Jun 3, 2025	-0.36
CBTY	Calamos Bitcoin 80 Series Structured Alt Protection ETF July	$11M	0.69%	Jul 7, 2025	-0.36
VIXM	ProShares VIX Mid-Term Futures ETF	$40M	0.92%	Jan 3, 2011	-0.36
SCC	ProShares UltraShort Consumer Discretionary	$6.80M	N/A	Jan 30, 2007	-0.35
MSFW	ROUNDHILL MSFT WEEKLYPAY ETF	$27M	N/A	Jul 23, 2025	-0.35
EDZ	DIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES	$14M	N/A	Dec 17, 2008	-0.35