Overview Performance Dividends Metrics Financials ETFs Industry Correlations

34 Stock and 66 ETF Merchants Bancorp (MBINL) alternatives

The most close Merchants Bancorp (MBINL) alternative is ETF NTRL (First Trust Equity Market Neutral ETF). The correlation is 1.

Stocks that highly correlated with MBINL

Symbol	Name	Market cap	Sector	Industry	Correlation
TBC	AT&T Inc	$180B	N/A	N/A	1.00
PSTX	Poseida Therapeutics Inc	$933M	N/A	N/A	1.00
CNL	Collective Mining Ltd.	$1.14B	Basic Materials	Gold	0.93
AACI	Armada Acquisition Corp I	$77M	Financial Services	Shell Companies	0.91
RAIN	Rain Enhancement Technologies Holdco, Inc. Class A Common Stock	$13M	Industrials	Pollution & Treatment Controls	0.90
LRFC	Logan Ridge Finance Corporation	$51M	N/A	N/A	0.86
ATIF	ATIF Holdings Ltd	$6.07M	N/A	N/A	0.82
SLGC	SomaLogic Inc - Class A	$393M	Healthcare	Health Information Services	0.81
STBX	Starbox Group Holdings Ltd	$1.14M	Communication Services	Internet Content & Information	0.79
FRBN	Forbion European Acquisition Corp - Class A	$343M	Financial Services	Shell Companies	0.79
SOL	Emeren Group Ltd American Depositary Shares, each representing 10 shares	$100M	Technology	Solar	0.79
GRCL	Gracell Biotechnologies Inc	$990M	Healthcare	Biotechnology	0.79
MCACR	ConnectM Technology Solutions Inc	$2.93M	N/A	N/A	0.79
ICHR	Ichor Holdings Ltd	$3.24B	Technology	Semiconductor Equipment & Materials	0.77
TSQ	Townsquare Media Inc - Class A	$114M	Communication Services	Advertising Agencies	0.77
ENTG	Entegris Inc	$21B	Technology	Semiconductor Equipment & Materials	0.77
TECK	Teck Resources Ltd - Class B - Class B (Sub Voting)	$28B	Basic Materials	Other Industrial Metals & Mining	0.75
HLX	Helix Energy Solutions Group Inc	$1.39B	Energy	Oil & Gas Equipment & Services	0.74
DBGIW	Digital Brands Group Inc - Warrants (01/05/2026)	$40M	N/A	N/A	0.72
RELL	Richardson Electronics Ltd	$218M	Technology	Electronic Components	0.72
FRLAU	Fortune Rise Acquisition Corp - Units (1 Ord Share Class A & 1/2 War)	$36M	Financial Services	Shell Companies	0.71
PMTV	Pennymac Mortgage Investment Trust	$2.20B	N/A	N/A	0.71
RJF-P-B	Raymond James Financial Inc	$4.86B	N/A	N/A	0.71
COLM	Columbia Sportswear Company	$3.24B	Consumer Cyclical	Apparel Manufacturing	0.71
DEA	Easterly Government Properties Inc	$1.15B	Real Estate	Reit - Office	0.70
FNKO	Funko Inc - Class A	$313M	Consumer Cyclical	Leisure	0.70
SNDK	Sandisk Corp	$239B	Technology	Computer Hardware	0.70
NTIC	Northern Technologies International Corp	$78M	Basic Materials	Specialty Chemicals	0.70
BUUU	BUUU Group Ltd - Class A	$293M	Industrials	Specialty Business Services	0.70
NAMM	Namib Minerals.	$87M	Basic Materials	Gold	0.69
EMN	Eastman Chemical Company	$7.75B	Basic Materials	Specialty Chemicals	0.69
CRWS	Crown Crafts Inc	$32M	Consumer Cyclical	Furnishings, Fixtures & Appliances	0.69
METCI	Ramaco Resources Inc	$1.12B	N/A	N/A	0.68
AEBI	Aebi Schmidt Holding AG	$971M	Industrials	Farm & Heavy Construction Machinery	0.68

ETFs that highly correlated with MBINL

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
NTRL	First Trust Equity Market Neutral ETF	$19M	0.95%	Feb 4, 2020	1.00
XCOM	Ultra Communication Services Select Sector ETF	$384K	N/A	Jun 2, 2026	1.00
ONG	Leverage Shares 2X Long ON Daily ETF	$1.90M	N/A	Jun 1, 2026	1.00
PPI	Investment Managers Series Trust II Astoria Real Assets ETF	$155M	0.58%	Dec 30, 2021	0.93
DVRE	WEBs Defined Volatility XLRE ETF	$244K	0.89%	Jul 22, 2025	0.89
DVIN	WEBs Defined Volatility XLI ETF	$313K	0.89%	Jul 22, 2025	0.83
GLDN	NICHOLAS GOLD INCOME ETF	$2.50M	1.07%	Feb 17, 2026	0.79
QALT	SEI DBI MULTI-STRATEGY ALTERNATIVE ETF	$194M	0.80%	Jun 30, 2023	0.79
XLRI	STATE STREET(R) REAL ESTATE SELECT SECTOR SPDR(R) PREMIUM INCOME ETF	$2.60M	0.35%	Jul 29, 2025	0.77
AVIE	AVANTIS INFLATION FOCUSED EQUITY ETF	$10M	0.25%	Sep 27, 2022	0.76
SCHD	SCHWAB U.S. DIVIDEND EQUITY ETF	$96B	0.06%	Oct 20, 2011	0.76
TCV	TOWLE VALUE ETF	$206M	0.85%	Oct 31, 2011	0.75
REAI	INTELLIGENT REAL ESTATE ETF	$1.10M	0.59%	Jun 12, 2023	0.75
RSBT	RETURN STACKED(R) BONDS & MANAGED FUTURES ETF	$129M	1.01%	Feb 7, 2023	0.75
QDIV	GLOBAL X S&P 500 QUALITY DIVIDEND ETF	$29M	0.20%	Jul 13, 2018	0.74
IDEQ	LAZARD INTERNATIONAL DYNAMIC EQUITY ETF	$1.50B	0.40%	May 29, 2015	0.74
PTIN	PACER TRENDPILOT INTERNATIONAL ETF	$184M	0.67%	May 2, 2019	0.73
GEOA	WISDOMTREE GEOALPHA OPPORTUNITIES FUND	$893K	0.58%	Jul 3, 2025	0.73
GEME	PACIFIC NOS GLOBAL EM EQUITY ACTIVE ETF	$367M	0.75%	Jan 22, 2025	0.73
PNI	Pimco New York Municipal Income Fund II	$190M	N/A	N/A	0.73
PLTZ	Defiance Daily Target 2x Short PLTR ETF	$13M	N/A	Jun 5, 2025	0.72
EMEM	SOPHUS CAPITAL EMERGING MARKET ETF	$61M	0.65%	May 19, 2026	0.72
CFIT	CAMBRIA FIXED INCOME TREND ETF	$39M	0.50%	Mar 27, 2025	0.72
ASMF	Virtus AlphaSimplex Managed Futures ETF	$31M	0.80%	May 15, 2024	0.72
SBI	Western Asset Intermediate Muni Fund Inc	$119M	N/A	N/A	0.72
SPHD	INVESCO S&P 500 HIGH DIVIDEND LOW VOLATILITY ETF	$3.30B	0.30%	Oct 18, 2012	0.72
NPV	Nuveen Virginia Quality Municipal Income Fund	$226M	N/A	N/A	0.71
DIVY	SOUND EQUITY DIVIDEND INCOME ETF	$29M	0.45%	Dec 30, 2020	0.71
DUKX	Ocean Park International ETF	$3.70M	1.03%	Jul 10, 2024	0.71
BTR	Beacon Tactical Risk ETF	$33M	1.08%	Apr 17, 2023	0.71
SDOG	ALPS SECTOR DIVIDEND DOGS ETF	$1.30B	0.36%	Jun 29, 2012	0.70
DURA	VANECK DURABLE HIGH DIVIDEND ETF	$37M	0.30%	Oct 30, 2018	0.70
SRHR	SRH REIT COVERED CALL ETF	$53M	0.75%	Nov 1, 2023	0.70
EMES	HARBOR EMERGING MARKETS SELECT ETF	$12M	0.65%	May 14, 2025	0.70
IROC	INVESCO ROCHESTER HIGH YIELD MUNICIPAL ETF	$130M	0.39%	Dec 9, 2022	0.70
DMB	BNY Mellon Municipal Bond Infrastructure Fund Inc	$218M	N/A	N/A	0.70
EVYM	EATON VANCE HIGH INCOME MUNICIPAL ETF	$57M	0.40%	Feb 25, 2025	0.70
REIT	ALPS ACTIVE REIT ETF	$55M	0.68%	Feb 24, 2021	0.70
AHLT	AMERICAN BEACON AHL TREND ETF	$131M	0.96%	Aug 30, 2023	0.70
MUNB	NORTHERN TRUST 2035 TAX-EXEMPT DISTRIBUTING LADDER ETF	$14M	0.18%	Aug 18, 2025	0.70
EQIN	COLUMBIA U.S. EQUITY INCOME ETF	$287M	0.35%	Jun 13, 2016	0.70
GEND	GENTER CAPITAL DIVIDEND INCOME ETF	$4.80M	0.38%	Jan 13, 2025	0.70
SPYD	STATE STREET(R) SPDR(R) PORTFOLIO S&P 500(R) HIGH DIVIDEND ETF	$7.40B	0.07%	Oct 21, 2015	0.69
FMHI	FIRST TRUST MUNICIPAL HIGH INCOME ETF	$995M	0.49%	Nov 1, 2017	0.69
MFM	MFS Municipal Income Trust	$464M	N/A	N/A	0.69
HTAX	MACQUARIE NATIONAL HIGH-YIELD MUNICIPAL BOND ETF	$59M	0.49%	Mar 5, 2025	0.69
MDLV	MORGAN DEMPSEY LARGE CAP VALUE ETF	$41M	0.58%	Apr 25, 2023	0.69
HYMB	STATE STREET(R) SPDR NUVEEN ICE HIGH YIELD MUNICIPAL BOND ETF	$3.10B	0.35%	Apr 13, 2011	0.69
CDC	VICTORYSHARES US EQ INCOME ENHANCED VOLATILITY WTD ETF	$718M	0.35%	Jul 1, 2014	0.69
RDOG	ALPS REIT DIVIDEND DOGS ETF	$11M	0.35%	May 7, 2008	0.69
GCAL	GOLDMAN SACHS DYNAMIC CALIFORNIA MUNICIPAL INCOME ETF	$173M	0.30%	Jul 23, 2024	0.69
CDL	VICTORYSHARES US LARGE CAP HIGH DIV VOLATILITY WTD ETF	$392M	0.35%	Jul 7, 2015	0.69
RNTY	YIELDMAX(R) TARGET 12(TM) REAL ESTATE OPTION INCOME ETF	$6.30M	0.99%	Apr 16, 2025	0.69
FMB	FIRST TRUST MANAGED MUNICIPAL ETF	$2.10B	0.39%	May 13, 2014	0.69
HDV	ISHARES CORE HIGH DIVIDEND ETF	$14B	0.08%	Mar 29, 2011	0.69
SPXD	XTRACKERS S&P 500 DIVERSIFIED SECTOR WEIGHT ETF	$6.90M	0.09%	Jul 23, 2025	0.68
PCQ	Pimco California Municipal Income Fund	$566M	N/A	N/A	0.68
FCAL	FIRST TRUST CALIFORNIA MUNICIPAL HIGH INCOME ETF	$224M	0.49%	Jun 20, 2017	0.68
EPEM	HARBOR EMERGING MARKETS EQUITY ETF	$8M	0.84%	Jun 4, 2025	0.68
DJD	INVESCO DOW JONES INDUSTRIAL AVERAGE DIVIDEND ETF	$464M	0.07%	Dec 16, 2015	0.68
SPDV	AAM S&P 500 HIGH DIVIDEND VALUE ETF	$95M	0.29%	Nov 28, 2017	0.68
TBG	TBG DIVIDEND FOCUS ETF	$239M	0.45%	Nov 6, 2023	0.68
MGV	VANGUARD MEGA CAP VALUE INDEX FUND ETF SHARES	$13B	0.05%	Dec 17, 2007	0.68
DIVN	HORIZON DIVIDEND INCOME ETF	$191M	0.70%	Jun 25, 2025	0.68
NHYM	NUVEEN HIGH YIELD MUNICIPAL INCOME ETF	$143M	0.35%	Jan 22, 2025	0.68
BAMD	Brookstone Dividend Stock ETF	$95M	0.89%	Sep 27, 2023	0.68