Skip to main content

Want a detailed portfolio tracker?

OverviewPerformanceDividendsMetricsFinancialsETFsIndustrySplitsCorrelations
High CorrelationLow Correlation

46 Stocks and 54 ETFs for diversifying Shore Bancshares (SHBI)

The least correlated asset to Shore Bancshares (SHBI) is ETF SKRE (TUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF). The correlation is -0.922.

Stocks that lowly correlated with SHBI

SymbolName
Market cap
SectorIndustry
Correlation
INACRIndigo Acquisition Corp Right$448KN/AN/A-0.69
CTWCTW Cayman - Class A$147MCommunication ServicesElectronic Gaming & Multimedia-0.65
FLACFrazier Lifesciences Acquisition Corp - Class A$175MN/AN/A-0.65
SSEAUStarry Sea Acquisition Corp - Units (1 Ord Shs & 1/6 Rts)$19MFinancial ServicesShell Companies-0.62
GTERUGloba Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts)$53MFinancial ServicesShell Companies-0.62
VNMEUVendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War)$52MFinancial ServicesShell Companies-0.60
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.59
NVSAUNew Vista Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$350MN/AN/A-0.59
INACIndigo Acquisition Corp$118MFinancial ServicesShell Companies-0.58
VCKAUScilex Holding Company - Units (1 Ord & 1/2 War)$37MN/AN/A-0.58
BMGLBasel Medical Group Ltd$9.61MHealthcareMedical Care Facilities-0.55
QUMSUQuantumsphere Acquisition Corp - Units (1 Ord Shs & 1 Rts)$33MFinancial ServicesShell Companies-0.55
NAACUNorth Atlantic Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$482MN/AN/A-0.55
JMACUMaxpro Capital Acquisition Corp - Units (1 Ord Share Class A & 1 War)$150MN/AN/A-0.54
DLCAUDeep Lake Capital Acquisition Corp - Units (1 Ord Class A & 1/2 War)$262MN/AN/A-0.54
CCIIWCohen Circle Acquisition Corp II - Warrants(01/07/2030)$3.81MN/AN/A-0.53
OFSSOOFS Capital Corp$341MN/AN/A-0.53
TSIBUTishman Speyer Innovation Corp II - Units (1 Ord Share Class A & 1/5 War)$301MN/AN/A-0.53
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.53
CCCXChurchill Capital Corp X - Class A$570MFinancial ServicesShell Companies-0.53
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.53
BLSHBullish$3.80BTechnologySoftware - Infrastructure-0.52
STRCMicrostrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock$29BTechnologySoftware - Application-0.51
HVMCUHighview Merger Corp - Units (1 Ord Cls A & 1/2 War)$52MFinancial ServicesShell Companies-0.49
LITTLogistics Innovation Technologies Corp - Class A$349MN/AN/A-0.48
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.48
EMPDEmpery Digital Inc$98MConsumer CyclicalAuto Manufacturers-0.48
SUGPSU Group Holdings Ltd - Class A$5.51MIndustrialsSecurity & Protection Services-0.48
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$18MFinancial ServicesShell Companies-0.48
CCVChurchill Capital Corp V - Class A$284MN/AN/A-0.47
IPCXInflection Point Acquisition Corp III - Class A$263MFinancial ServicesShell Companies-0.47
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.46
BOACBluescape Opportunities Acquisition Corp - Class A$227MN/AN/A-0.45
SCAQUStratim Cloud Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$286MN/AN/A-0.45
AIIAmerican Integrity Insurance Group Inc$358MFinancial ServicesInsurance - Property & Casualty-0.45
CRCLCircle Internet Group Inc - Class A$16BFinancial ServicesCapital Markets-0.45
NOACNatural Order Acquisition Corp$289MN/AN/A-0.45
SDACUSustainable Development Acquisition I Corp - Units (1 Ord Class A & 1/2 War)$210MN/AN/A-0.44
SWETUAthlon Acquisition Corp - Units (1 Ord Class A & 1/2 War)$277MN/AN/A-0.44
WWACUAeries Technology Inc - Units (1 Ord Class A & 1/2 War)$41MN/AN/A-0.44
TOACUTalon 1 Acquisition Corp - Units (1 Ord Class A & 1/2 War)$143MN/AN/A-0.44
CPSRGelesis Holdings Inc - Class A$1.87BN/AN/A-0.43
BRLIBrilliant Acquisition Corp$5.92MN/AN/A-0.43
ADOCRAustralian Oilseeds Holdings Ltd$985KN/AN/A-0.43
GIGGUGigCapital7 Corp - Units (1 Ord Class A & 1 War)$2.83BFinancial ServicesShell Companies-0.43
HMCOHumanCo Acquisition Corp - Class A$387MN/AN/A-0.43

ETFs that lowly correlated with SHBI

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.92
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.70
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.68
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.68
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.68
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.65
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.65
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.64
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.64
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.63
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.62
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.62
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.61
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.60
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.59
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.59
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.58
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.57
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.56
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.56
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.54
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $16M1.05%May 1, 2024-0.53
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.52
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.52
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.52
TSLZT-REX 2X INVERSE TESLA DAILY TARGET ETF $31MN/AOct 18, 2023-0.52
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.51
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.51
WTIPWISDOMTREE INFLATION PLUS FUND $21M0.65%Jun 16, 2025-0.51
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.50
DVUTWEBS Defined Volatility XLU ETF$273K0.89%Jul 22, 2025-0.50
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.50
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.49
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.49
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.49
TSDDGRANITESHARES 2X SHORT TSLA DAILY ETF $39MN/AAug 21, 2023-0.48
BESFBASTION ENERGY ETF $33M0.80%Jun 3, 2025-0.48
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.48
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.47
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.47
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.47
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.46
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.45
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.45
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.45
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.45
PDDLGRANITESHARES 2X LONG PDD DAILY ETF $7.60MN/AJul 14, 2025-0.45
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.45
ASTXTradr 2X Long ASTS Daily ETF$602MN/AJul 10, 2025-0.44
LDRTISHARES IBONDS 1-5 YEAR TREASURY LADDER ETF $132M0.07%Nov 7, 2024-0.44
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.44
TSLSDirexion Daily TSLA Bear 1X Shares$66M0.95%Aug 8, 2022-0.44
RBILF/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF $139M0.17%Feb 24, 2025-0.43
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.43