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32 Stocks and 68 ETFs for diversifying M & T Bank (MTB)

The least correlated asset to M & T Bank (MTB) is ETF SKRE (TUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF). The correlation is -0.9306.

Stocks that lowly correlated with MTB

SymbolName
Market cap
SectorIndustry
Correlation
JMACUMaxpro Capital Acquisition Corp - Units (1 Ord Share Class A & 1 War)$150MN/AN/A-0.63
OMDAOmada Health Inc$975MHealthcareHealth Information Services-0.61
BMGLBasel Medical Group Ltd$11MHealthcareMedical Care Facilities-0.55
OHPAUOrion Acquisition Corp - Units (1 Ord Share Class A & 1/4 War)$417MN/AN/A-0.53
TMDETMD Energy Ltd$18MEnergyOil & Gas Midstream-0.53
RAAQReal Asset Acquisition Corp - Class A$196MFinancial ServicesShell Companies-0.52
PCPremium Catering (Holdings) Ltd$30MIndustrialsSpecialty Business Services-0.52
AIIAmerican Integrity Insurance Group Inc$328MFinancial ServicesInsurance - Property & Casualty-0.52
TACHTitan Acquisition Corp - Class A$286MFinancial ServicesShell Companies-0.52
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.51
DFSCDEFSEC Technologies Inc Com$8.73MIndustrialsAerospace & Defense-0.49
CRCLCircle Internet Group Inc - Class A$25BFinancial ServicesCapital Markets-0.49
IPCXInflection Point Acquisition Corp III - Class A$261MFinancial ServicesShell Companies-0.46
JUGGJaws Juggernaut Acquisition Corp - Class A$285MN/AN/A-0.44
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.44
STAKStak Inc$17MEnergyOil & Gas Equipment & Services-0.44
CRAQCal Redwood Acquisition Corp$320MFinancial ServicesShell Companies-0.42
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.42
TOACUTalon 1 Acquisition Corp - Units (1 Ord Class A & 1/2 War)$143MN/AN/A-0.42
SLVRUSilverSPAC Inc - Units (1 Ord Share Class A & 1/4 War)$328MN/AN/A-0.41
RDAGRepublic Digital Acquisition Co. - Class A$310MFinancial ServicesShell Companies-0.40
FIGXUFIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$35MFinancial ServicesShell Companies-0.40
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.40
SAFXXCF Global Inc$126MUtilitiesUtilities - Renewable-0.39
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.39
TVAIUThayer Ventures Acquisition Corp II - Units (1 Ord Cls A & 1 Rts)$10MFinancial ServicesShell Companies-0.39
WETOWebus International Ltd$11MTechnologySoftware - Infrastructure-0.39
DGNXDiginex Ltd$31MIndustrialsConsulting Services-0.38
LITTLogistics Innovation Technologies Corp - Class A$349MN/AN/A-0.38
DAICCID HoldCo Inc$5.39MTechnologyInformation Technology Services-0.38
GNLXGenelux Corp$137MHealthcareBiotechnology-0.37
MOBXMobix Labs Inc - Class A$20MTechnologySemiconductors-0.37

ETFs that lowly correlated with MTB

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.93
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.77
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.74
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.73
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.71
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.71
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.70
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.69
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.68
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.67
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.67
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.66
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.66
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.61
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.60
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.60
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.58
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.57
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.57
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.56
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.56
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.56
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.54
NFLWROUNDHILL NFLX WEEKLYPAY ETF $16MN/AJun 17, 2025-0.53
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.53
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.52
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.52
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.52
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.51
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $40MN/ANov 6, 2008-0.50
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.49
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.49
METDDIREXION DAILY META BEAR 1X SHARES $8.60M1.02%Jun 5, 2024-0.49
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.48
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.48
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.47
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.46
OILDBank of Montreal$19MN/ANov 8, 2021-0.46
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.46
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.46
GGOViShares Global Government Bond USD Hedged Active$44M0.39%Jun 25, 2025-0.45
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.45
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.44
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.44
TSLSDirexion Daily TSLA Bear 1X Shares$76M0.95%Aug 8, 2022-0.44
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.44
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.43
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.43
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $9.80M1.05%Jul 23, 2024-0.43
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $23M0.50%Mar 6, 2024-0.43
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.41
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$1.10BN/ANov 24, 2008-0.40
TSLQTradr 2X Short TSLA Daily ETF$159MN/AJul 13, 2022-0.40
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3MN/AJun 16, 2009-0.40
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $19M1.05%May 1, 2024-0.39
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.39
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.39
WTIDBank of Montreal$6.60MN/AFeb 16, 2023-0.38
GOVTISHARES U.S. TREASURY BOND ETF $41B0.05%Feb 14, 2012-0.37
TRSYXtrackers US 0-1 Year Treasury ETF$74M0.06%Oct 8, 2024-0.37
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $17M1.02%Sep 6, 2022-0.37
GOVIINVESCO EQUAL WEIGHT 0-30 YEAR TREASURY ETF $1.20B0.15%Oct 11, 2007-0.37
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $14M1.11%Aug 14, 2024-0.36
SPTLSPDR(R) PORTFOLIO LONG TERM TREASURY ETF $11B0.03%May 23, 2007-0.36
VGLTVANGUARD LONG-TERM TREASURY INDEX FUND ETF SHARES$14B0.03%Nov 19, 2009-0.36
TYDDIREXION DAILY 7-10 YEAR TREASURY BULL 3X SHARES $36MN/AApr 16, 2009-0.36
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.36
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.36