Overview Performance Dividends Metrics Financials ETFs Industry Splits Correlations

36 Stocks and 64 ETFs for diversifying Mercantile Bank (MBWM)

The least correlated asset to Mercantile Bank (MBWM) is ETF SKRE (TUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF). The correlation is -0.8864.

Stocks that lowly correlated with MBWM

Symbol	Name	Market cap	Sector	Industry	Correlation
SSEAU	Starry Sea Acquisition Corp - Units (1 Ord Shs & 1/6 Rts)	$19M	Financial Services	Shell Companies	-0.72
INACR	Indigo Acquisition Corp Right	$448K	N/A	N/A	-0.64
CTW	CTW Cayman - Class A	$147M	Communication Services	Electronic Gaming & Multimedia	-0.64
GTERU	Globa Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts)	$53M	Financial Services	Shell Companies	-0.60
OFSSO	OFS Capital Corp	$341M	N/A	N/A	-0.60
BMGL	Basel Medical Group Ltd	$9.61M	Healthcare	Medical Care Facilities	-0.54
DAIC	CID HoldCo Inc	$40M	Technology	Information Technology Services	-0.52
CCCX	Churchill Capital Corp X - Class A	$570M	Financial Services	Shell Companies	-0.50
ELOG	Eastern International Ltd	$9.59M	Industrials	Integrated Freight & Logistics	-0.49
QUMSU	Quantumsphere Acquisition Corp - Units (1 Ord Shs & 1 Rts)	$33M	Financial Services	Shell Companies	-0.49
VNMEU	Vendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War)	$52M	Financial Services	Shell Companies	-0.49
HVMCU	Highview Merger Corp - Units (1 Ord Cls A & 1/2 War)	$52M	Financial Services	Shell Companies	-0.49
INAC	Indigo Acquisition Corp	$118M	Financial Services	Shell Companies	-0.47
CCIIW	Cohen Circle Acquisition Corp II - Warrants(01/07/2030)	$3.81M	N/A	N/A	-0.47
BLSH	Bullish	$3.80B	Technology	Software - Infrastructure	-0.46
VNMEW	Vendome Acquisition Corporation I Warrant	$2.70M	N/A	N/A	-0.46
DFSC	DEFSEC Technologies Inc Com	$3.99M	Industrials	Aerospace & Defense	-0.45
EMPG	Empro Group Inc	$139M	Healthcare	Medical Distribution	-0.45
AII	American Integrity Insurance Group Inc	$358M	Financial Services	Insurance - Property & Casualty	-0.45
NUTR	Nusatrip Inc	$174M	Consumer Cyclical	Travel Services	-0.44
CDTG	CDT Environmental Technology Investment Holdings Ltd	$3.77M	Industrials	Waste Management	-0.43
TMDE	TMD Energy Ltd	$21M	Energy	Oil & Gas Midstream	-0.42
SCAQU	Stratim Cloud Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)	$286M	N/A	N/A	-0.42
TVAIR	Thayer Ventures Acquisition Corporation II Rights	$166K	N/A	N/A	-0.41
WTGUU	Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)	$18M	Financial Services	Shell Companies	-0.41
RUBI	Rubico Inc	$91M	Industrials	Marine Shipping	-0.40
FLAC	Frazier Lifesciences Acquisition Corp - Class A	$175M	N/A	N/A	-0.40
KCHV	Kochav Defense Acquisition Corp - Class A	$263M	Financial Services	Shell Companies	-0.40
VCXA	10X Capital Venture Acquisition Corp II - Class A	$86M	N/A	N/A	-0.40
PC	Premium Catering (Holdings) Ltd	$30M	Industrials	Specialty Business Services	-0.40
GAUZ	Gauzy Ltd	$7.44M	Technology	Electronic Components	-0.40
STRC	Microstrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock	$29B	Technology	Software - Application	-0.39
EFTY	Etoiles Capital Group Co Ltd - Class A	$287M	Industrials	Consulting Services	-0.38
TVACW	Texas Ventures Acquisition III Corp - Warrants (23/04/2030)	$153M	N/A	N/A	-0.38
NMPAU	NMP Acquisition Corp - Units (1 Ord Cls A & 1 Rts)	$35M	Financial Services	Shell Companies	-0.38
SOCAU	Solarius Capital Acquisition Corp Units	$179M	Financial Services	Shell Companies	-0.38

ETFs that lowly correlated with MBWM

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
SKRE	TUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF	$5.20M	N/A	Jan 3, 2024	-0.89
SBB	ProShares Short SmallCap600 -1x Shares	$3.30M	0.95%	Jan 23, 2007	-0.74
SDD	PROSHARES ULTRASHORT SMALLCAP600	$1.20M	N/A	Jan 23, 2007	-0.72
RWM	PROSHARES SHORT RUSSELL2000	$113M	0.95%	Jan 23, 2007	-0.68
SEF	ProShares Short Financials -1x Shares	$14M	0.95%	Jun 10, 2008	-0.68
BNKD	Bank of Montreal	$1.10M	N/A	Feb 20, 2025	-0.68
CRCG	LEVERAGE SHARES 2X LONG CRCL DAILY ETF	$67M	N/A	Aug 8, 2025	-0.68
CCUP	T-REX 2X LONG CRCL DAILY TARGET ETF	$25M	N/A	Aug 8, 2025	-0.67
MYY	PROSHARES SHORT MIDCAP400	$2.90M	0.95%	Jun 19, 2006	-0.67
TWM	ProShares UltraShort Russell2000 -2x Shares	$38M	N/A	Jan 23, 2007	-0.67
DWSH	ADVISORSHARES DORSEY WRIGHT SHORT ETF	$11M	6.22%	Jul 10, 2018	-0.66
SKF	ProShares UltraShort Financials -2x Shares	$11M	N/A	May 23, 2007	-0.65
MZZ	PROSHARES ULTRASHORT MIDCAP400	$2.40M	N/A	Jul 11, 2006	-0.65
HDGE	ADVISORSHARES RANGER EQUITY BEAR ETF	$66M	3.62%	Jan 26, 2011	-0.62
HIBS	Direxion Daily S&P 500 High Beta Bear 3X Shares	$17M	N/A	Nov 7, 2019	-0.61
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	$35M	0.89%	Jan 17, 2018	-0.59
DOG	PROSHARES SHORT DOW30	$111M	0.95%	Jun 19, 2006	-0.59
SIJ	ProShares UltraShort Industrials -2x Shares	$5.50M	N/A	Jan 30, 2007	-0.59
DXD	PROSHARES ULTRASHORT DOW30	$46M	N/A	Jul 11, 2006	-0.58
TAIL	CAMBRIA TAIL RISK ETF	$147M	0.59%	Apr 5, 2017	-0.57
BTAL	AGF U.S. MARKET NEUTRAL ANTI-BETA FUND	$283M	1.40%	Sep 13, 2011	-0.56
EMTY	ProShares Decline of the Retail Store ETF -1x Shares	$3M	0.65%	Nov 14, 2017	-0.56
VIXM	ProShares VIX Mid-Term Futures ETF	$40M	0.92%	Jan 3, 2011	-0.55
RBIL	F/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF	$139M	0.17%	Feb 24, 2025	-0.55
NFLW	ROUNDHILL NFLX WEEKLYPAY ETF	$6.70M	N/A	Jun 17, 2025	-0.55
DRIP	Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF	$131M	N/A	May 28, 2015	-0.51
UVIX	2x Long VIX Futures ETF	$290M	N/A	Mar 28, 2022	-0.51
SMN	ProShares UltraShort Materials	$4.10M	N/A	Jan 30, 2007	-0.51
SPDN	DIREXION DAILY S&P 500 (R) BEAR 1X SHARES	$195M	0.48%	Jun 8, 2016	-0.51
GLXU	T-REX 2X LONG GLXY DAILY TARGET ETF	$18M	N/A	Aug 7, 2025	-0.50
SH	ProShares Short S&P500 -1x Shares	$973M	0.89%	Jun 19, 2006	-0.50
SDS	ProShares UltraShort S&P500 -2x Shares	$398M	N/A	Jul 11, 2006	-0.50
SDOW	ProShares UltraPro Short Dow30 -3x Shares	$185M	N/A	Feb 9, 2010	-0.49
DUG	ProShares UltraShort Energy	$27M	N/A	Jan 30, 2007	-0.49
SMDD	ProShares UltraPro Short MidCap400 -3x Shares	$1.90M	N/A	Feb 9, 2010	-0.49
GLGG	LEVERAGE SHARES 2X LONG GLXY DAILY ETF	$2.80M	N/A	Aug 20, 2025	-0.49
SJB	PROSHARES SHORT HIGH YIELD	$56M	0.95%	Mar 21, 2011	-0.49
ERY	DIREXION DAILY ENERGY BEAR 2X SHARES	$49M	N/A	Nov 6, 2008	-0.47
BAIG	LEVERAGE SHARES 2X LONG BBAI DAILY ETF	$14M	N/A	Aug 20, 2025	-0.47
EFZ	ProShares Short MSCI EAFE -1X Shares	$12M	0.95%	Oct 23, 2007	-0.46
QPUX	Defiance 2X Daily Long Pure Quantum ETF	$53M	N/A	Aug 6, 2025	-0.46
SCC	ProShares UltraShort Consumer Discretionary	$6.80M	N/A	Jan 30, 2007	-0.45
EFU	ProShares UltraShort MSCI EAFE -2x Shares	$1.20M	N/A	Oct 23, 2007	-0.45
SARK	TRADR 1X SHORT INNOVATION DAILY ETF	$43M	0.92%	Nov 5, 2021	-0.44
CSHP	Enhanced Short-Term Bond ETF	$106M	0.20%	Jul 17, 2024	-0.44
CRSH	YIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF	$16M	1.05%	May 1, 2024	-0.44
RGTU	TRADR 2X LONG RGTI DAILY ETF	$14M	N/A	Jun 23, 2025	-0.44
REK	PROSHARES SHORT REAL ESTATE	$9.80M	0.95%	Mar 16, 2010	-0.44
EPV	ProShares UltraShort FTSE Europe -2X Shares	$13M	N/A	Jun 16, 2009	-0.44
OILD	Bank of Montreal	$53M	N/A	Nov 8, 2021	-0.43
WTIP	WISDOMTREE INFLATION PLUS FUND	$21M	0.65%	Jun 16, 2025	-0.43
LDRT	ISHARES IBONDS 1-5 YEAR TREASURY LADDER ETF	$132M	0.07%	Nov 7, 2024	-0.42
SRS	ProShares UltraShort Real Estate -2x Shares	$16M	N/A	Jan 30, 2007	-0.41
TAPR	Barclays Bank PLC	$11M	0.79%	Mar 31, 2025	-0.41
EWV	ProShares UltraShort MSCI Japan -2x Shares	$5.70M	N/A	Nov 6, 2007	-0.41
SPXU	ProShares UltraPro Short S&P 500	$427M	N/A	Jun 23, 2009	-0.40
TSMZ	DIREXION DAILY TSM BEAR 1X SHARES	$2.80M	1.01%	Oct 2, 2024	-0.40
QBER	TRUESHARES QUARTERLY BEAR HEDGE ETF	$82M	0.79%	Jun 28, 2024	-0.40
SBIL	Simplify Government Money Market ETF	$5B	0.15%	Jul 14, 2025	-0.40
OKLL	Defiance Daily Target 2x Long OKLO ETF	$208M	N/A	Jun 23, 2025	-0.40
MSFW	ROUNDHILL MSFT WEEKLYPAY ETF	$27M	N/A	Jul 23, 2025	-0.39
TSLZ	T-REX 2X INVERSE TESLA DAILY TARGET ETF	$31M	N/A	Oct 18, 2023	-0.39
WTID	Bank of Montreal	$18M	N/A	Feb 16, 2023	-0.39
WZRD	Opportunistic Trader ETF	$976K	1.00%	Jun 24, 2025	-0.38