Skip to main content

Want a detailed portfolio tracker?

75 Stocks and 25 ETFs for diversifying Smith & Wesson Brands (SWBI)

The least correlated asset to Smith & Wesson Brands (SWBI) is company FIGX Capital Acquisition (FIGX). The correlation is -0.6861.

Stocks that lowly correlated with SWBI

SymbolName
Market cap
SectorIndustry
Correlation
FIGXFIGX Capital Acquisition Corp - Class A$159MFinancial ServicesShell Companies-0.69
TACHTitan Acquisition Corp - Class A$288MFinancial ServicesShell Companies-0.65
FGLFounder Group Ltd$2.30MIndustrialsEngineering & Construction-0.64
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.60
CHACUCrane Harbor Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$72MFinancial ServicesShell Companies-0.56
SPEGUSilver Pegasus Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$35MFinancial ServicesShell Companies-0.54
GSHRGesher Acquisition Corp II - Class A$157MFinancial ServicesShell Companies-0.54
NSRXNasus Pharma Ltd$28MHealthcareDrug Manufacturers - General-0.53
LWACLightWave Acquisition Corp - Class A$221MFinancial ServicesShell Companies-0.50
RACRithm Acquisition Corp.$247MFinancial ServicesShell Companies-0.50
TACHUTitan Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$691MFinancial ServicesShell Companies-0.49
FIGXUFIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$35MFinancial ServicesShell Companies-0.49
AOMDAngel Oak Mortgage REIT Inc$622MN/AN/A-0.48
NCTIntercont (Cayman) Ltd$3.63MIndustrialsMarine Shipping-0.48
LHSWLianhe Sowell International Group Ltd$7.03MTechnologySoftware - Infrastructure-0.48
LPBBULaunch Two Acquisition Corp - Units (1 Ord Class A & 1/2 War)$250MFinancial ServicesShell Companies-0.48
BGMQilian International Holding Group Ltd - Class A$7.45MHealthcareDrug Manufacturers - Specialty & Generic-0.47
HTLMHomesToLife Ltd$168MConsumer CyclicalSpecialty Retail-0.47
YBYuanbao Inc$656MTechnologySoftware - Application-0.46
BMNRBitMine Immersion Technologies Inc$9.16BFinancial ServicesCapital Markets-0.46
SDMSmart Digital Group Ltd$59MCommunication ServicesAdvertising Agencies-0.46
MAMKMaxsMaking Inc - Class A$195MIndustrialsConglomerates-0.46
SVCCUStellar V Capital Corp - Units (1 Ord Cls A & 1/2 War)$168MFinancial ServicesShell Companies-0.45
COLARColumbus Acquisition Corp Rights$778KN/AN/A-0.45
LWACWLightWave Acquisition Corp - Warrants (06/06/2030)$178MN/AN/A-0.45
SZZLSizzle Acquisition Corp II - Class A$245MFinancial ServicesShell Companies-0.45
RIBBRRibbon Acquisition Corp Rights$277KN/AN/A-0.45
RNERUMount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt)$125MN/AN/A-0.45
CLBRColombier Acquisition Corp II - Class A$366MFinancialsInvestment Holding Companies-0.43
AIFUAIFU Inc - Class A$360MFinancial ServicesInsurance Brokers-0.43
OHPAOrion Acquisition Corp - Class A$417MN/AN/A-0.43
OBAOxley Bridge Acquisition Ltd - Class A$260MFinancial ServicesShell Companies-0.43
MGRMMonogram Technologies Inc$213MHealthcareMedical Devices-0.43
FVNNRFuture Vision II Acquisition Corporation Right$341KN/AN/A-0.42
ONCHU1RT Acquisition Corp - Units (1 Ord Cls A & 1 War)$39MFinancial ServicesShell Companies-0.42
LSBKLake Shore Bancorp Inc$134MFinancial ServicesBanks - Regional-0.42
GTENUGores Holdings X Inc - Units (1 Ord Class A & 1/4 War)$96MFinancial ServicesShell Companies-0.42
DTCKDavis Commodities Ltd$1.23MConsumer DefensiveFarm Products-0.41
NTWOUNewbury Street II Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$184MFinancial ServicesShell Companies-0.41
IPXXUUSA Rare Earth Inc - Units (1 Ord Class A & 1/2 Warr)$66MN/AN/A-0.40
EVACEDWARDS GROUP LTD Foreign$597MFinancial ServicesShell Companies-0.40
OMSEOMS Energy Technologies Inc$197MEnergyOil & Gas Equipment & Services-0.40
BACQUMerlin Inc - Units (1Ord Class A & 1 Rights)$781MFinancial ServicesShell Companies-0.40
SDHIRSiddhi Acquisition Corp$1.13MN/AN/A-0.40
TRINITrinity Capital Inc$2.23BN/AN/A-0.39
FERAFifth Era Acquisition Corp I - Class A$246MFinancial ServicesShell Companies-0.39
DHCADHC Acquisition Corp - Class A$16MN/AN/A-0.39
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.39
DRDBWRoman DBDR Acquisition Corp II Warrants$8.22MN/AN/A-0.38
ELPWElong Power Holding Ltd$645KIndustrialsElectrical Equipment & Parts-0.38
HDLSuper Hi International Holding Ltd$752MConsumer CyclicalRestaurants-0.38
AHRAmerican Healthcare REIT Inc$10BReal EstateReit - Healthcare Facilities-0.38
AXINAxiom Intelligence Acquisition Corp 1 - Class A$341MFinancial ServicesShell Companies-0.38
YYGHYY Group Holding Ltd - Class A$12MIndustrialsSpecialty Business Services-0.38
QETAQuetta Acquisition Corp$43MFinancial ServicesShell Companies-0.37
CUPRCuprina Holdings (Cayman) Ltd - Class A$11MHealthcareMedical Instruments & Supplies-0.37
SPMCSound Point Meridian Capital Inc$213MFinancial ServicesAsset Management-0.37
STFSStar Fashion Culture Holdings Ltd - Class A$903KCommunication ServicesAdvertising Agencies-0.37
DRDBURoman DBDR Acquisition Corp II - Units (1 Ord Cls A & 1/2 War)$244MFinancial ServicesShell Companies-0.37
BACCBlue Acquisition Corp - Class A$214MFinancial ServicesShell Companies-0.37
MRNOMurano Global Investments PLC - Class A$20MReal EstateReal Estate - Development-0.37
PDCCPearl Diver Credit Company Inc$66MFinancial ServicesAsset Management-0.37
HSPTHorizon Space Acquisition II Corp$61MFinancial ServicesShell Companies-0.37
VCICUVine Hill Capital Investment Corp - Units (1 Ord Class A & 1/2 War)$75MFinancial ServicesShell Companies-0.36
UCARU Power Ltd - Class A$4.59MConsumer CyclicalAuto & Truck Dealerships-0.36
UYSCRUY Scuti Acquisition Corp$191KN/AN/A-0.35
VENUVenu Holding Corp$148MConsumer CyclicalRestaurants-0.35
DMAAUDrugs Made In America Acquisition Corp - Units (1 Ord Shs & 1 Rts)$247MFinancial ServicesShell Companies-0.35
DXSTDecent Holding Inc$1.65MIndustrialsWaste Management-0.35
RECTRectitude Holdings Ltd$18MConsumer CyclicalSpecialty Retail-0.35
ELOGEastern International Ltd$9.59MIndustrialsIntegrated Freight & Logistics-0.34
SAZSaratoga Investment Corp$409MN/AN/A-0.34
VNMEWVendome Acquisition Corporation I Warrant$2.70MN/AN/A-0.34
NETDNabors Energy Transition Corp II - Class A$73MFinancial ServicesShell Companies-0.34
HUHUHUHUTECH International Group Inc$118MIndustrialsSpecialty Industrial Machinery-0.34

ETFs that lowly correlated with SWBI

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
NVYYGraniteShares YieldBOOST NVDA ETF$39M1.15%May 12, 2025-0.53
NUSBNUVEEN ULTRA SHORT INCOME ETF $157M0.17%Mar 5, 2024-0.53
NVDWROUNDHILL NVDA WEEKLYPAY ETF $110MN/AFeb 18, 2025-0.47
EVSBEATON VANCE ULTRA-SHORT INCOME ETF $230M0.17%Oct 16, 2023-0.43
RWRAINWATER EQUITY ETF $18M1.27%Jun 17, 2025-0.42
DCREDOUBLELINE COMMERCIAL REAL ESTATE DEBT ETF $453M0.39%Mar 31, 2023-0.41
NVIIREX NVDA GROWTH & INCOME ETF $104MN/AMay 27, 2025-0.41
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.39
JHLNJOHN HANCOCK GLOBAL SENIOR LOAN ETF $633M0.59%Aug 19, 2025-0.39
XRPTVolatility Shares Trust XRP 2X ETF$49MN/AMay 22, 2025-0.39
XXRPTEUCRIUM 2X LONG DAILY XRP ETF $88MN/AApr 7, 2025-0.38
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.38
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.37
XRPIVolatility Shares Trust XRP ETF$82M1.68%May 22, 2025-0.36
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.35
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.34
DVXVWEBs Defined Volatility XLV ETF$480K0.89%Jul 22, 2025-0.34
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.34
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.34
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.34
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.34
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.33
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.33
USSHWISDOMTREE 1-3 YEAR LADDERED TREASURY FUND $23M0.15%Mar 12, 2024-0.33
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.33