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26 Stocks and 74 ETFs for diversifying Redwire (RDW)

The least correlated asset to Redwire (RDW) is ETF XCOM (Ultra Communication Services Select Sector ETF). The correlation is -1.

Stocks that lowly correlated with RDW

SymbolName
Market cap
SectorIndustry
Correlation
ZBIOZenas Biopharma Inc$1.83BHealthcareBiotechnology-0.71
RNERUMount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt)$125MN/AN/A-0.65
PVLAPalvella Therapeutics Inc$2.18BHealthcareBiotechnology-0.63
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.60
ORIQUOrigin Investment Corp I - Units (1 Ord Cls & 1/2 War)$22MFinancial ServicesShell Companies-0.56
LIONULionheart III Corp - Units (1 Ord Share Class A & 1/2 War)$113MN/AN/A-0.53
MENSJyong Biotech Ltd$174MHealthcareBiotechnology-0.51
AIIAmerican Integrity Insurance Group Inc$358MFinancial ServicesInsurance - Property & Casualty-0.49
APADEnhanced Group Inc - Class A$161MFinancial ServicesShell Companies-0.48
GSRMBitcoin Depot Inc - Class A$54MN/AN/A-0.46
WGRXWellgistics Health Inc$6.79MHealthcarePharmaceutical Retailers-0.46
LGPSLogProstyle Inc$26MIndustrialsConglomerates-0.45
LSBKLake Shore Bancorp Inc$134MFinancial ServicesBanks - Regional-0.45
WTGURWintergreen Acquisition Corp$237KN/AN/A-0.44
SUPXSuper X AI Technology Ltd$228MTechnologySoftware - Infrastructure-0.44
LHAILinkhome Holdings Inc$19MReal EstateReal Estate Services-0.44
JCICUJack Creek Investment Corp - Units (1 Ord Share Class A & 1/2 War)$432MN/AN/A-0.43
ONCHU1RT Acquisition Corp - Units (1 Ord Cls A & 1 War)$39MFinancial ServicesShell Companies-0.42
GISGeneral Mills Inc$20BConsumer DefensivePackaged Foods-0.42
KMTSKestra Medical Technologies Ltd$1.44BHealthcareMedical Instruments & Supplies-0.42
JCAPJefferson Capital Inc$1.06BFinancial ServicesCredit Services-0.41
EMPGEmpro Group Inc$139MHealthcareMedical Distribution-0.41
CPBCampbell Soup Company$6.52BConsumer DefensivePackaged Foods-0.41
DGNXDiginex Ltd$28MIndustrialsConsulting Services-0.40
GSHRGesher Acquisition Corp II - Class A$157MFinancial ServicesShell Companies-0.40
CMDBCostamare Bulkers Holdings Ltd$485MIndustrialsMarine Shipping-0.39

ETFs that lowly correlated with RDW

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
XCOMUltra Communication Services Select Sector ETF$384KN/AJun 2, 2026-1.00
FIYYGRANITESHARES YIELDBOOST 20Y+ TREASURIES ETF $732K1.07%May 4, 2026-0.89
FPASFPA SHORT DURATION GOVERNMENT ETF $9.90M0.10%Oct 31, 2024-0.59
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.57
LDDRStone Ridge 2035 Term Income ETF$42M0.25%Jan 3, 2025-0.56
LDRTISHARES IBONDS 1-5 YEAR TREASURY LADDER ETF $132M0.07%Nov 7, 2024-0.55
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.55
MLDRGLOBAL X INTERMEDIATE-TERM TREASURY LADDER ETF $8.80M0.12%Sep 9, 2024-0.54
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.54
EDGF3EDGE DYNAMIC FIXED INCOME ETF $479M0.79%Oct 2, 2024-0.54
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $13MN/AMar 31, 2025-0.53
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.53
IBTPISHARES IBONDS DEC 2034 TERM TREASURY ETF $277M0.07%Jun 11, 2024-0.52
BRKUDIREXION DAILY BRKB BULL 2X SHARES $45MN/ADec 10, 2024-0.52
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.51
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.50
SJLDSANJAC ALPHA LOW DURATION ETF $2.50M0.35%Sep 9, 2024-0.50
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.50
GGOViShares Global Government Bond USD Hedged Active$2.90B0.39%Jun 25, 2025-0.49
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.49
BTCZT-REX 2X INVERSE BITCOIN DAILY TARGET ETF $30MN/AJul 9, 2024-0.48
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.48
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.48
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.48
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.48
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $35M1.05%Jul 9, 2024-0.47
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.47
LFAILifeX 2050 Longevity Income ETF$4.50M0.25%Jan 8, 2024-0.47
SBITProShares UltraShort Bitcoin ETF$219MN/AApr 1, 2024-0.47
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.47
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.46
RBLYYIELDMAX(R) RBLX OPTION INCOME STRATEGY ETF $2.40M0.99%Jul 28, 2025-0.46
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $16M1.05%May 1, 2024-0.46
LFAOLifeX 2055 Longevity Income ETF$5M0.25%Jan 8, 2024-0.46
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.45
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.45
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.44
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.44
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.44
LFAWLifeX 2060 Longevity Income ETF$3.80M0.25%Jan 8, 2024-0.44
CONIGRANITESHARES 2X SHORT COIN DAILY ETF $16MN/ASep 4, 2024-0.44
CAFXCONGRESS INTERMEDIATE BOND ETF $325M0.35%Sep 9, 2024-0.44
USINWISDOMTREE 7-10 YEAR LADDERED TREASURY FUND $5M0.15%Mar 12, 2024-0.44
BRKWROUNDHILL BRKB WEEKLYPAY ETF $16MN/AJun 17, 2025-0.44
RSBARETURN STACKED(R) BONDS & MERGER ARBITRAGE ETF $50M1.01%Dec 17, 2024-0.43
QCMDDirexion Daily QCOM Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.43
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $16M1.03%Feb 11, 2025-0.43
SPTBSTATE STREET(R) SPDR(R) PORTFOLIO TREASURY ETF $286M0.03%May 20, 2024-0.42
TSLQTradr 2X Short TSLA Daily ETF$114MN/AJul 13, 2022-0.42
IBTQISHARES IBONDS DEC 2035 TERM TREASURY ETF $236M0.07%Mar 25, 2025-0.42
IBGAISHARES IBONDS DEC 2044 TERM TREASURY ETF $101M0.07%Jun 11, 2024-0.42
TSLSDirexion Daily TSLA Bear 1X Shares$66M0.95%Aug 8, 2022-0.42
LLDRGLOBAL X LONG-TERM TREASURY LADDER ETF $37M0.12%Sep 9, 2024-0.41
IBGKISHARES IBONDS DEC 2054 TERM TREASURY ETF $5.80M0.07%Jun 11, 2024-0.41
BAMBBrookstone Intermediate Bond ETF$59M1.03%Sep 26, 2023-0.41
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.41
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $10M1.02%Sep 6, 2022-0.41
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.41
GENTGENTER CAPITAL TAXABLE QUALITY INTERMEDIATE ETF $98M0.38%May 21, 2024-0.41
ILSBROOKMONT CATASTROPHIC BOND ETF $77M1.58%Mar 31, 2025-0.41
TSDDGRANITESHARES 2X SHORT TSLA DAILY ETF $39MN/AAug 21, 2023-0.40
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $61MN/AAug 21, 2023-0.39
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.39
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.39
BITIProShares Short Bitcoin ETF$144M1.01%Jun 21, 2022-0.39
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.39
PANGLEVERAGE SHARES 2X LONG PANW DAILY ETF $8.90MN/AMar 20, 2025-0.39
MSTZT-REX 2X INVERSE MSTR DAILY TARGET ETF $148MN/ASep 17, 2024-0.39
SMSTDEFIANCE DAILY TARGET 2X SHORT MSTR ETF $49MN/AAug 20, 2024-0.39
SMBSSCHWAB MORTGAGE-BACKED SECURITIES ETF $6.50B0.03%Nov 18, 2024-0.38
BLSTBLUEMONTE SHORT TERM BOND ETF $167M0.23%Jun 20, 2025-0.38
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.38
SHRTGOTHAM SHORT STRATEGIES ETF $14M1.35%Jul 31, 2017-0.38
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.38