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36 Stocks and 64 ETFs for diversifying Northwest Bancshares (NWBI)

The least correlated asset to Northwest Bancshares (NWBI) is ETF SKRE (TUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF). The correlation is -0.8553.

Stocks that lowly correlated with NWBI

SymbolName
Market cap
SectorIndustry
Correlation
GTERUGloba Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts)$53MFinancial ServicesShell Companies-0.60
VWAVVisionWave Holdings Inc$85MIndustrialsAerospace & Defense-0.55
JMACUMaxpro Capital Acquisition Corp - Units (1 Ord Share Class A & 1 War)$150MN/AN/A-0.50
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.50
EMPGEmpro Group Inc$139MHealthcareMedical Distribution-0.48
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.47
TACHTitan Acquisition Corp - Class A$288MFinancial ServicesShell Companies-0.46
FIGXUFIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$35MFinancial ServicesShell Companies-0.46
INACRIndigo Acquisition Corp Right$448KN/AN/A-0.44
INACIndigo Acquisition Corp$118MFinancial ServicesShell Companies-0.43
ADOCRAustralian Oilseeds Holdings Ltd$985KN/AN/A-0.43
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.42
VNMEUVendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War)$52MFinancial ServicesShell Companies-0.42
TOACUTalon 1 Acquisition Corp - Units (1 Ord Class A & 1/2 War)$143MN/AN/A-0.41
MENSJyong Biotech Ltd$174MHealthcareBiotechnology-0.41
CHACUCrane Harbor Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$72MFinancial ServicesShell Companies-0.41
OFSSOOFS Capital Corp$341MN/AN/A-0.40
PVLAPalvella Therapeutics Inc$2.18BHealthcareBiotechnology-0.40
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.40
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.39
ELOGEastern International Ltd$9.59MIndustrialsIntegrated Freight & Logistics-0.38
EFC-P-DEllington Financial Inc$2.84BN/AN/A-0.38
BMGLBasel Medical Group Ltd$9.61MHealthcareMedical Care Facilities-0.37
VCICUVine Hill Capital Investment Corp - Units (1 Ord Class A & 1/2 War)$75MFinancial ServicesShell Companies-0.37
BDMDBaird Medical Investment Holdings Ltd .$34MHealthcareMedical Devices-0.37
PCPremium Catering (Holdings) Ltd$30MIndustrialsSpecialty Business Services-0.37
ATPCAgape ATP Corp$2.52MConsumer DefensivePackaged Foods-0.36
STRCMicrostrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock$29BTechnologySoftware - Application-0.36
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.36
SPEGUSilver Pegasus Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$35MFinancial ServicesShell Companies-0.36
YHNAYHN Acquisition I Ltd$63MFinancial ServicesShell Companies-0.36
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.34
ANPARich Sparkle Holdings Ltd$53MIndustrialsSpecialty Business Services-0.34
CHARRCharlton Aria Acquisition Corporation Rights$206KN/AN/A-0.34
AIIAmerican Integrity Insurance Group Inc$358MFinancial ServicesInsurance - Property & Casualty-0.34
AAMAA Mission Acquisition Corp.$368MFinancial ServicesShell Companies-0.33

ETFs that lowly correlated with NWBI

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.86
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.70
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.68
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.65
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.65
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.63
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.63
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.61
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.59
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.59
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.59
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.58
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.58
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.57
WZRDOpportunistic Trader ETF$976K1.00%Jun 24, 2025-0.57
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.54
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.53
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.52
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.52
LDRTISHARES IBONDS 1-5 YEAR TREASURY LADDER ETF $132M0.07%Nov 7, 2024-0.51
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.50
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.49
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.48
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.47
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.46
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.46
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.45
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $16M1.05%May 1, 2024-0.45
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.45
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.45
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.45
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.44
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.44
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.44
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.43
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.42
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.42
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.42
TSLZT-REX 2X INVERSE TESLA DAILY TARGET ETF $31MN/AOct 18, 2023-0.42
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.42
PLTGLEVERAGE SHARES 2X LONG PLTR DAILY ETF $23MN/AApr 24, 2025-0.41
CSHPEnhanced Short-Term Bond ETF$106M0.20%Jul 17, 2024-0.41
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $13MN/AMar 31, 2025-0.41
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.40
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.40
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.39
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.39
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.39
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.39
SHRTGOTHAM SHORT STRATEGIES ETF $14M1.35%Jul 31, 2017-0.38
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.38
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.37
TSDDGRANITESHARES 2X SHORT TSLA DAILY ETF $39MN/AAug 21, 2023-0.36
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.36
KCSHKRANESHARES SUSTAINABLE ULTRA SHORT DURATION INDEX ETF $170M0.20%Jul 22, 2024-0.36
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.35
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.35
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.35
CSCSDirexion Daily CSCO Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.34
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.34
TSLSDirexion Daily TSLA Bear 1X Shares$66M0.95%Aug 8, 2022-0.34
PALDDirexion Daily PANW Bear 1X Shares$1.80M1.02%Feb 10, 2025-0.34
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.34
LDDRStone Ridge 2035 Term Income ETF$42M0.25%Jan 3, 2025-0.33