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68 Stocks and 32 ETFs for diversifying Merchants Bancorp (MBINL)

The least correlated asset to Merchants Bancorp (MBINL) is company Pieris Pharmaceuticals (PIRS). The correlation is -1.

Stocks that lowly correlated with MBINL

SymbolName
Market cap
SectorIndustry
Correlation
PIRSPieris Pharmaceuticals Inc$24MN/AN/A-1.00
LBPHLongboard Pharmaceuticals Inc$2.34BN/AN/A-1.00
IVCPUAleAnna Inc - Units (1 Ord Share Class A & 1/2 War)$308MN/AN/A-1.00
USXU.S. Xpress Enterprises Inc - Class A$332MIndustrialsTrucking-1.00
GSRMBitcoin Depot Inc - Class A$54MN/AN/A-1.00
SMTKSmartKem, Inc. Common Stock$4.23MTechnologySemiconductor Equipment & Materials-1.00
AACIWArmada Acquisition Corp I - Warrants (13/08/2026)$20MN/AN/A-0.89
DMDesktop Metal Inc - Class A$165MN/AN/A-0.88
CVIIChurchill Capital Corp VII - Class A$570MFinancial ServicesShell Companies-0.79
NTBLNotable Labs Inc Ord$2.39MHealthcareBiotechnology-0.79
MCACUConnectM Technology Solutions Inc - Units (1 Ord Class A 1 War & 1 Right)$70MFinancial ServicesShell Companies-0.79
AILEiLearningEngines Holdings Inc - Class A$59MTechnologySoftware - Infrastructure-0.79
OPTNOptiNose Inc$112MN/AN/A-0.71
UPXIUpexi Inc$58MCommunication ServicesInternet Content & Information-0.66
HFFGHF Foods Group Inc$90MConsumer DefensiveFood Distribution-0.64
ATPCAgape ATP Corp$2.52MConsumer DefensivePackaged Foods-0.63
BRBroadridge Financial Solutions Inc$17BTechnologyInformation Technology Services-0.63
DFDVDeFi Development Corp$91MFinancial ServicesAsset Management-0.60
AACTAres Acquisition Corporation II - Class A$588MFinancial ServicesShell Companies-0.60
ZYBTZhengye Biotechnology Holding Ltd$35MHealthcareDrug Manufacturers - Specialty & Generic-0.59
ATONAlphaTON Capital Corp$5.75MFinancial ServicesAsset Management-0.59
SURGSurgepays Inc$7.87MCommunication ServicesTelecom Services-0.57
GATEUMarblegate Acquisition Corp - Units (1 Ord Share Class A & 1/2 War)$340MFinancial ServicesShell Companies-0.57
NUTXNutex Health Inc$1.22BHealthcareMedical Care Facilities-0.57
KUKEKuke Music Holding Limited American Depositary Shares (each representing ten (10) Class A Ordinary Shares)$5.93MCommunication ServicesEntertainment-0.56
GATEVISTASHARES TARGET 15 GATE ENDOWMENT DISTRIBUTION ETF $425MFinancial ServicesShell Companies-0.56
ARXAccelerant Holdings - Class A$2.82BFinancial ServicesInsurance Brokers-0.55
FFNWFirst Financial Northwest Inc$208MFinancial ServicesBanks - Regional-0.55
TOIOncology Institute Inc (The)$566MHealthcareMedical Care Facilities-0.55
NTWOUNewbury Street II Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$184MFinancial ServicesShell Companies-0.55
HRTGHeritage Insurance Holdings Inc$796MFinancial ServicesInsurance - Property & Casualty-0.54
FRESFresh2 Group Limited$2.97MHealthcareDiagnostics & Research-0.54
PNBKPatriot National Bancorp Inc$141MFinancial ServicesBanks - Regional-0.53
HMSTHomeStreet Inc$262MN/AN/A-0.53
PLBLPolibeli Group Ltd$2.84BConsumer CyclicalDepartment Stores-0.53
ELPWElong Power Holding Ltd$645KIndustrialsElectrical Equipment & Parts-0.53
MENSJyong Biotech Ltd$174MHealthcareBiotechnology-0.53
QETARQuetta Acquisition Corp$1.43MN/AN/A-0.52
TTANServiceTitan Inc - Class A$7.44BTechnologySoftware - Application-0.52
TYLTyler Technologies Inc$15BTechnologySoftware - Application-0.51
ANNAAleAnna Inc - Class A$131MEnergyOil & Gas E&p-0.51
OPOFOld Point Financial Corp$215MFinancial ServicesBanks - Regional-0.51
RELXRELX Plc$61BIndustrialsSpecialty Business Services-0.51
TISITeam Inc$76MIndustrialsSpecialty Business Services-0.50
YALAYalla Group Ltd$845MTechnologySoftware - Application-0.50
ELOGEastern International Ltd$9.59MIndustrialsIntegrated Freight & Logistics-0.49
TECTPTectonic Financial Inc$40MFinancial ServicesBanks - Regional-0.49
ARENArena Group Holdings Inc (The)$48MCommunication ServicesInternet Content & Information-0.49
CAICaris Life Sciences Inc - Class A$4.94BHealthcareBiotechnology-0.48
AMBIAmbipar Emergency Response - Class A$148MIndustrialsWaste Management-0.48
CHCIComstock Holding Co. Inc - Class A$163MReal EstateReal Estate Services-0.48
INTUIntuit Inc$77BTechnologySoftware - Application-0.48
THTXTheratechnologies Inc$167MHealthcareBiotechnology-0.47
TDUPThredUp Inc - Class A$858MConsumer CyclicalInternet Retail-0.47
MINMFiEE Inc$18MN/AN/A-0.46
ATECAlphatec Holdings Inc$1.39BHealthcareMedical Devices-0.46
MBOTMicrobot Medical Inc$125MHealthcareMedical Instruments & Supplies-0.45
CGNTCognyte Software Ltd$653MTechnologySoftware - Infrastructure-0.45
CRVLCorvel Corp$3.15BFinancial ServicesInsurance Brokers-0.45
BSLKBolt Projects Holdings Inc - Class A$199KBasic MaterialsSpecialty Chemicals-0.45
YHNAYHN Acquisition I Ltd$63MFinancial ServicesShell Companies-0.45
FISFidelity National Information Services Inc$21BTechnologyInformation Technology Services-0.45
MAMOMassimo Group$41MConsumer CyclicalRecreational Vehicles-0.44
NFLXNetflix Inc$310BCommunication ServicesEntertainment-0.44
BIAFBioAffinity Technologies Inc$3.25MHealthcareDiagnostics & Research-0.43
MDRRPMedalist Diversified REIT Inc$28MReal EstateReit - Diversified-0.43
RGLSRegulus Therapeutics Inc$540MN/AN/A-0.43
GAINNGladstone Investment Corporation$1BN/AN/A-0.43

ETFs that lowly correlated with MBINL

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
FIYYGRANITESHARES YIELDBOOST 20Y+ TREASURIES ETF $732K1.07%May 4, 2026-0.93
CLIMCLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF $1.30M0.90%Mar 11, 2026-0.91
PLTWROUNDHILL PLTR WEEKLYPAY ETF $102MN/AFeb 18, 2025-0.60
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.57
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.57
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.55
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.54
PLTGLEVERAGE SHARES 2X LONG PLTR DAILY ETF $23MN/AApr 24, 2025-0.54
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.52
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.52
TIPDNORTHERN TRUST 2055 INFLATION-LINKED DISTRIBUTING LADDER ETF $2M0.10%Aug 18, 2025-0.51
PCIPGIM Corporate Bond 5-10 Year ETF$534M0.25%Jul 29, 2025-0.51
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.49
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.49
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.48
WZRDOpportunistic Trader ETF$976K1.00%Jun 24, 2025-0.48
NFLPKurv Yield Premium Strategy Netflix (NFLX) ETF$4.70M0.99%Oct 26, 2023-0.47
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.47
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $176M0.50%May 10, 2021-0.46
IVOLQUADRATIC INTEREST RATE VOLATILITY AND INFLATION HEDGE ETF $276M0.98%May 13, 2019-0.45
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.45
SHPUDIREXION DAILY SHOP BULL 2X ETF $15MN/AAug 5, 2025-0.45
PLTUT-REX 2X LONG PLTR DAILY TARGET ETF$384MN/ADec 10, 2024-0.45
CRMGLEVERAGE SHARES 2X LONG CRM DAILY ETF $49MN/AFeb 9, 2026-0.45
NFLYYIELDMAX(R) NFLX OPTION INCOME STRATEGY ETF $43M1.01%Aug 7, 2023-0.45
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.44
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.44
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.44
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.44
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.43
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.43
SMCPAlphaMark Actively Managed Small Cap ETF$3.50M0.79%May 11, 2026-0.43