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38 Stocks and 62 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 -0.9294.

Stocks that lowly correlated with MTB

SymbolName
Market cap
SectorIndustry
Correlation
CTWCTW Cayman - Class A$147MCommunication ServicesElectronic Gaming & Multimedia-0.68
INACRIndigo Acquisition Corp Right$448KN/AN/A-0.67
SSEAUStarry Sea Acquisition Corp - Units (1 Ord Shs & 1/6 Rts)$19MFinancial ServicesShell Companies-0.66
OFSSOOFS Capital Corp$341MN/AN/A-0.64
JMACUMaxpro Capital Acquisition Corp - Units (1 Ord Share Class A & 1 War)$150MN/AN/A-0.63
GTERUGloba Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts)$53MFinancial ServicesShell Companies-0.61
VNMEUVendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War)$52MFinancial ServicesShell Companies-0.59
CRCLCircle Internet Group Inc - Class A$16BFinancial ServicesCapital Markets-0.55
OHPAUOrion Acquisition Corp - Units (1 Ord Share Class A & 1/4 War)$417MN/AN/A-0.53
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$18MFinancial ServicesShell Companies-0.53
DFSCDEFSEC Technologies Inc Com$3.99MIndustrialsAerospace & Defense-0.52
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.52
CCIIWCohen Circle Acquisition Corp II - Warrants(01/07/2030)$3.81MN/AN/A-0.50
BMGLBasel Medical Group Ltd$9.61MHealthcareMedical Care Facilities-0.50
BLSHBullish$3.80BTechnologySoftware - Infrastructure-0.50
PCPremium Catering (Holdings) Ltd$30MIndustrialsSpecialty Business Services-0.49
HVMCUHighview Merger Corp - Units (1 Ord Cls A & 1/2 War)$52MFinancial ServicesShell Companies-0.48
INACIndigo Acquisition Corp$118MFinancial ServicesShell Companies-0.48
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.48
ELOGEastern International Ltd$9.59MIndustrialsIntegrated Freight & Logistics-0.46
VNMEWVendome Acquisition Corporation I Warrant$2.70MN/AN/A-0.44
AIIAmerican Integrity Insurance Group Inc$358MFinancial ServicesInsurance - Property & Casualty-0.44
CCCXChurchill Capital Corp X - Class A$570MFinancial ServicesShell Companies-0.44
JUGGJaws Juggernaut Acquisition Corp - Class A$285MN/AN/A-0.44
TVAIUThayer Ventures Acquisition Corp II - Units (1 Ord Cls A & 1 Rts)$9.15MFinancial ServicesShell Companies-0.44
QUMSUQuantumsphere Acquisition Corp - Units (1 Ord Shs & 1 Rts)$33MFinancial ServicesShell Companies-0.44
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.43
TVAIRThayer Ventures Acquisition Corporation II Rights$166KN/AN/A-0.43
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.42
TOACUTalon 1 Acquisition Corp - Units (1 Ord Class A & 1/2 War)$143MN/AN/A-0.42
TACHTitan Acquisition Corp - Class A$288MFinancial ServicesShell Companies-0.42
APADREnhanced Group Inc$6.67MN/AN/A-0.41
SLVRUSilverSPAC Inc - Units (1 Ord Share Class A & 1/4 War)$328MN/AN/A-0.41
STRCMicrostrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock$29BTechnologySoftware - Application-0.40
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.40
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.39
DAICCID HoldCo Inc$40MTechnologyInformation Technology Services-0.39
RYOJrYojbaba Co. Ltd$51MIndustrialsConsulting Services-0.39

ETFs that lowly correlated with MTB

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.93
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.78
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.75
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.75
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.74
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.73
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.71
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.71
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.70
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.69
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.68
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.67
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.67
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.66
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.65
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.64
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.61
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.60
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.59
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.59
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.57
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.57
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.56
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.56
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.56
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.55
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.55
RBILF/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF $139M0.17%Feb 24, 2025-0.52
WTIPWISDOMTREE INFLATION PLUS FUND $21M0.65%Jun 16, 2025-0.52
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.52
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.52
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.52
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.51
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.51
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.50
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.49
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.48
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.47
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.47
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.47
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.46
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.45
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.45
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.45
BESFBASTION ENERGY ETF $33M0.80%Jun 3, 2025-0.45
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.45
OILDBank of Montreal$53MN/ANov 8, 2021-0.44
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.44
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.44
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.43
TSLSDirexion Daily TSLA Bear 1X Shares$66M0.95%Aug 8, 2022-0.42
MSTWROUNDHILL MSTR WEEKLYPAY ETF $33MN/AJul 23, 2025-0.42
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.42
RGTUTRADR 2X LONG RGTI DAILY ETF $14MN/AJun 23, 2025-0.41
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3.20MN/AJun 16, 2009-0.40
TRSYXTRACKERS US 0-1 YEAR TREASURY ETF $68M0.06%Oct 8, 2024-0.40
DVUTWEBS Defined Volatility XLU ETF$273K0.89%Jul 22, 2025-0.40
GLXUT-REX 2X LONG GLXY DAILY TARGET ETF $18MN/AAug 7, 2025-0.39
LDRTISHARES IBONDS 1-5 YEAR TREASURY LADDER ETF $132M0.07%Nov 7, 2024-0.39
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.39
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.39
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$895MN/ANov 24, 2008-0.38