Overview Performance Metrics Financials ETFs Industry Correlations

20 Stocks and 80 ETFs for diversifying Redwire (RDW)

The least correlated asset to Redwire (RDW) is company Emeren Group Ltd American Depositary Shares, each representing 10 shares (SOL). The correlation is -0.7382.

Stocks that lowly correlated with RDW

Symbol	Name	Market cap	Sector	Industry	Correlation
SOL	Emeren Group Ltd American Depositary Shares, each representing 10 shares	$100M	Technology	Solar	-0.74
ZBIO	Zenas Biopharma Inc	$1.13B	Healthcare	Biotechnology	-0.69
RNERU	Mount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt)	$125M	N/A	N/A	-0.65
PVLA	Palvella Therapeutics Inc	$1.66B	Healthcare	Biotechnology	-0.63
GSRM	Bitcoin Depot Inc - Class A	$54M	N/A	N/A	-0.57
MENS	Jyong Biotech Ltd	$164M	Healthcare	Biotechnology	-0.55
LIONU	Lionheart III Corp - Units (1 Ord Share Class A & 1/2 War)	$113M	N/A	N/A	-0.53
SUPX	Super X AI Technology Ltd	$299M	Technology	Software - Infrastructure	-0.51
WGRX	Wellgistics Health Inc	$7.55M	Healthcare	Pharmaceutical Retailers	-0.49
PMTW	Pennymac Mortgage Investment Trust	$2.23B	N/A	N/A	-0.44
JCICU	Jack Creek Investment Corp - Units (1 Ord Share Class A & 1/2 War)	$432M	N/A	N/A	-0.43
NEE-P-U	NextEra Energy Inc Series U Junior Subordinated Debentures due June 1 2085	$53B	N/A	N/A	-0.43
AII	American Integrity Insurance Group Inc	$328M	Financial Services	Insurance - Property & Casualty	-0.42
PXDT	Pixie Dust Technologies Inc	$8.62M	Technology	Consumer Electronics	-0.41
CPB	Campbell Soup Company	$6.11B	Consumer Defensive	Packaged Foods	-0.41
LGPS	LogProstyle Inc	$16M	Industrials	Conglomerates	-0.39
GIS	General Mills Inc	$18B	Consumer Defensive	Packaged Foods	-0.39
SGD	Safe and Green Development Corp	$588K	N/A	N/A	-0.39
CRVO	CervoMed Inc	$28M	Healthcare	Biotechnology	-0.39
DGNX	Diginex Ltd	$31M	Industrials	Consulting Services	-0.39

ETFs that lowly correlated with RDW

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
FPAS	FPA SHORT DURATION GOVERNMENT ETF	$6.90M	0.10%	Oct 31, 2024	-0.66
EDGF	3EDGE DYNAMIC FIXED INCOME ETF	$506M	0.79%	Oct 2, 2024	-0.61
SARK	TRADR 1X SHORT INNOVATION DAILY ETF	$68M	0.92%	Nov 5, 2021	-0.60
MLDR	GLOBAL X INTERMEDIATE-TERM TREASURY LADDER ETF	$9.30M	0.12%	Sep 9, 2024	-0.58
SJLD	SANJAC ALPHA LOW DURATION ETF	$2.50M	0.35%	Sep 9, 2024	-0.58
IBTP	ISHARES IBONDS DEC 2034 TERM TREASURY ETF	$267M	0.07%	Jun 11, 2024	-0.57
BTCZ	T-REX 2X INVERSE BITCOIN DAILY TARGET ETF	$26M	N/A	Jul 9, 2024	-0.56
GGOV	iShares Global Government Bond USD Hedged Active	$44M	0.39%	Jun 25, 2025	-0.56
SBIT	ProShares UltraShort Bitcoin ETF	$183M	N/A	Apr 1, 2024	-0.54
BRKU	DIREXION DAILY BRKB BULL 2X SHARES	$58M	N/A	Dec 10, 2024	-0.53
LFAI	LifeX 2050 Longevity Income ETF	$4.50M	0.25%	Jan 8, 2024	-0.52
FIAT	YIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF	$39M	1.05%	Jul 9, 2024	-0.52
WEBS	DIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES	$10M	N/A	Nov 7, 2019	-0.52
LFAO	LifeX 2055 Longevity Income ETF	$4.30M	0.25%	Jan 8, 2024	-0.51
TSMZ	DIREXION DAILY TSM BEAR 1X SHARES	$2.70M	1.01%	Oct 2, 2024	-0.51
QQQD	DIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES	$23M	0.50%	Mar 6, 2024	-0.51
AIBD	DIREXION DAILY AI AND BIG DATA BEAR 2X SHARES	$4.20M	N/A	May 15, 2024	-0.51
FNGD	Bank of Montreal	$68M	N/A	Jan 22, 2018	-0.50
YQQQ	YIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF	$14M	1.11%	Aug 14, 2024	-0.50
CAFX	CONGRESS INTERMEDIATE BOND ETF	$325M	0.35%	Sep 9, 2024	-0.50
LFAW	LifeX 2060 Longevity Income ETF	$3.40M	0.25%	Jan 8, 2024	-0.50
RWM	PROSHARES SHORT RUSSELL2000	$143M	0.95%	Jan 23, 2007	-0.49
QID	PROSHARES ULTRASHORT QQQ	$279M	N/A	Jul 11, 2006	-0.49
SMCZ	DEFIANCE DAILY TARGET 2X SHORT SMCI ETF	$4.80M	N/A	Mar 31, 2025	-0.49
PSQ	ProShares Short QQQ -1x Shares	$519M	0.95%	Jun 19, 2006	-0.49
CONI	GRANITESHARES 2X SHORT COIN DAILY ETF	$17M	N/A	Sep 4, 2024	-0.49
USIN	WISDOMTREE 7-10 YEAR LADDERED TREASURY FUND	$4.50M	0.15%	Mar 12, 2024	-0.48
MSDD	GRANITESHARES 2X SHORT MSTR DAILY ETF	$1M	N/A	Jun 9, 2025	-0.48
HIBS	Direxion Daily S&P 500 High Beta Bear 3X Shares	$19M	N/A	Nov 7, 2019	-0.47
TWM	ProShares UltraShort Russell2000 -2x Shares	$47M	N/A	Jan 23, 2007	-0.47
SPTB	SPDR PORTFOLIO TREASURY ETF	$187M	0.03%	May 20, 2024	-0.47
IBGA	ISHARES IBONDS DEC 2044 TERM TREASURY ETF	$92M	0.07%	Jun 11, 2024	-0.47
IBGK	ISHARES IBONDS DEC 2054 TERM TREASURY ETF	$3.50M	0.07%	Jun 11, 2024	-0.47
LLDR	GLOBAL X LONG-TERM TREASURY LADDER ETF	$35M	0.12%	Sep 9, 2024	-0.47
SCC	ProShares UltraShort Consumer Discretionary	$6.20M	N/A	Jan 30, 2007	-0.47
MZZ	PROSHARES ULTRASHORT MIDCAP400	$734K	N/A	Jul 11, 2006	-0.47
MYY	PROSHARES SHORT MIDCAP400	$2.70M	0.95%	Jun 19, 2006	-0.46
CRSH	YIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF	$19M	1.05%	May 1, 2024	-0.46
GENT	GENTER CAPITAL TAXABLE QUALITY INTERMEDIATE ETF	$92M	0.38%	May 21, 2024	-0.46
LDRI	ISHARES IBONDS 1-5 YEAR TIPS LADDER ETF	$19M	0.10%	Nov 7, 2024	-0.45
PALD	Direxion Daily PANW Bear 1X Shares	$2.40M	1.02%	Feb 10, 2025	-0.45
HDGE	ADVISORSHARES RANGER EQUITY BEAR ETF	$66M	3.62%	Jan 26, 2011	-0.45
BAMB	Brookstone Intermediate Bond ETF	$62M	1.03%	Sep 26, 2023	-0.45
SPDN	DIREXION DAILY S&P 500 (R) BEAR 1X SHARES	$220M	0.48%	Jun 8, 2016	-0.45
SH	ProShares Short S&P500 -1x Shares	$1.20B	0.89%	Jun 19, 2006	-0.45
SMBS	SCHWAB MORTGAGE-BACKED SECURITIES ETF	$6.30B	0.03%	Nov 18, 2024	-0.44
SMST	DEFIANCE DAILY TARGET 2X SHORT MSTR ETF	$31M	N/A	Aug 20, 2024	-0.44
SDS	ProShares UltraShort S&P500 -2x Shares	$443M	N/A	Jul 11, 2006	-0.44
MSTZ	T-REX 2X INVERSE MSTR DAILY TARGET ETF	$110M	N/A	Sep 17, 2024	-0.44
SBB	ProShares Short SmallCap600 -1x Shares	$4.10M	0.95%	Jan 23, 2007	-0.44
TSLQ	Tradr 2X Short TSLA Daily ETF	$159M	N/A	Jul 13, 2022	-0.44
RSBA	RETURN STACKED(R) BONDS & MERGER ARBITRAGE ETF	$53M	1.01%	Dec 17, 2024	-0.43
AMZD	DIREXION DAILY AMZN BEAR 1X SHARES	$17M	1.02%	Sep 6, 2022	-0.43
BRKW	ROUNDHILL BRKB WEEKLYPAY ETF	$16M	N/A	Jun 17, 2025	-0.43
TSLS	Direxion Daily TSLA Bear 1X Shares	$76M	0.95%	Aug 8, 2022	-0.43
AFIX	ALLSPRING BROAD MARKET CORE BOND ETF	$211M	0.20%	Dec 4, 2024	-0.43
IBIK	ISHARES IBONDS OCT 2034 TERM TIPS ETF	$83M	0.10%	May 22, 2024	-0.43
METD	DIREXION DAILY META BEAR 1X SHARES	$8.60M	1.02%	Jun 5, 2024	-0.43
BITI	ProShares Short Bitcoin ETF	$187M	1.01%	Jun 21, 2022	-0.42
LFDR	Stone Ridge Durable Income ETF	$855K	0.25%	Jan 9, 2024	-0.42
PMBS	PIMCO Mortgage-Backed Securities Active Exchange-Traded Fund	$1.30B	0.71%	Jul 31, 1997	-0.42
USSH	WISDOMTREE 1-3 YEAR LADDERED TREASURY FUND	$23M	0.15%	Mar 12, 2024	-0.41
SIJ	ProShares UltraShort Industrials -2x Shares	$6.20M	N/A	Jan 30, 2007	-0.41
TSDD	GRANITESHARES 2X SHORT TSLA DAILY ETF	$42M	N/A	Aug 21, 2023	-0.41
IONZ	Defiance Daily Target 2x Short IONQ ETF	$22M	N/A	Jun 23, 2025	-0.41
SRTY	ProShares UltraPro Short Russell2000 -3x Shares	$81M	N/A	Feb 9, 2010	-0.41
SDD	PROSHARES ULTRASHORT SMALLCAP600	$1.60M	N/A	Jan 23, 2007	-0.40
ETHD	ProShares UltraShort Ether ETF	$84M	N/A	Jun 6, 2024	-0.40
RTRE	RAREVIEW TOTAL RETURN BOND ETF	$62M	0.70%	May 31, 2024	-0.40
WNTR	YieldMax Short MSTR Option Income Strategy ETF	$72M	1.00%	Mar 26, 2025	-0.40
LIAM	LifeX 2055 Inflation-Protected Longevity Income ETF	$4.30M	0.25%	Jan 17, 2024	-0.40
TAIL	CAMBRIA TAIL RISK ETF	$157M	0.59%	Apr 5, 2017	-0.40
LIAE	LifeX 2050 Inflation-Protected Longevity Income ETF	$3.40M	0.25%	Jan 17, 2024	-0.40
DEFR	APTUS DEFERRED INCOME ETF	$116M	0.79%	May 13, 2025	-0.40
LFBE	Stone Ridge 2065 Longevity Income ETF	$3.20M	0.25%	Jan 3, 2025	-0.40
SMDD	ProShares UltraPro Short MidCap400 -3x Shares	$1.90M	N/A	Feb 9, 2010	-0.39
PCI	PGIM Corporate Bond 5-10 Year ETF	$525M	0.25%	Jul 29, 2025	-0.39
TLTP	AMPLIFY TLT U.S. TREASURY 12% OPTION INCOME ETF	$28M	0.39%	Oct 28, 2024	-0.39
TSLZ	T-Rex 2X Inverse Tesla Daily Target ETF	$46M	N/A	Oct 18, 2023	-0.39
AMDD	T-REX 2X INVERSE AMD DAILY TARGET ETF	$21M	1.03%	Feb 11, 2025	-0.39