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30 Stocks and 70 ETFs for diversifying Webster Financial (WBS)

The least correlated asset to Webster Financial (WBS) is ETF SKRE (TUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF). The correlation is -0.91.

Stocks that lowly correlated with WBS

SymbolName
Market cap
SectorIndustry
Correlation
BMGLBasel Medical Group Ltd$11MHealthcareMedical Care Facilities-0.61
PCPremium Catering (Holdings) Ltd$30MIndustrialsSpecialty Business Services-0.60
FIGXUFIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$35MFinancial ServicesShell Companies-0.59
IPCXInflection Point Acquisition Corp III - Class A$261MFinancial ServicesShell Companies-0.57
OMDAOmada Health Inc$975MHealthcareHealth Information Services-0.56
JMACUMaxpro Capital Acquisition Corp - Units (1 Ord Share Class A & 1 War)$150MN/AN/A-0.56
NPACNew Providence Acquisition Corp III - Class A$397MFinancial ServicesShell Companies-0.52
HONDWHCM II Acquisition Corp. Warrant$202MN/AN/A-0.48
AIIAmerican Integrity Insurance Group Inc$328MFinancial ServicesInsurance - Property & Casualty-0.47
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.46
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.46
TACHTitan Acquisition Corp - Class A$286MFinancial ServicesShell Companies-0.45
CRAQCal Redwood Acquisition Corp$320MFinancial ServicesShell Companies-0.45
RDAGRepublic Digital Acquisition Co. - Class A$310MFinancial ServicesShell Companies-0.45
SDHISiddhi Acquisition Corp - Class A$287MFinancial ServicesShell Companies-0.45
MASK3 E Network Technology Group Ltd - Class A$1.60MTechnologySoftware - Application-0.44
RNERUMount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt)$125MN/AN/A-0.44
RAAQReal Asset Acquisition Corp - Class A$196MFinancial ServicesShell Companies-0.43
DAICCID HoldCo Inc$5.39MTechnologyInformation Technology Services-0.42
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.42
DGNXDiginex Ltd$31MIndustrialsConsulting Services-0.42
BYAHPark Ha Biological Technology Co Ltd$917KConsumer DefensiveHousehold & Personal Products-0.41
TVACWTexas Ventures Acquisition III Corp - Warrants (23/04/2030)$153MN/AN/A-0.41
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.41
HBNBHotel101 Global Holdings Corp$1.36BReal EstateReal Estate Services-0.41
HCAIHuachen AI Parking Management Technology Holding Co. Ltd$13MIndustrialsFarm & Heavy Construction Machinery-0.38
TMDETMD Energy Ltd$18MEnergyOil & Gas Midstream-0.38
YHNAYHN Acquisition I Ltd$63MFinancial ServicesShell Companies-0.37
WETOWebus International Ltd$11MTechnologySoftware - Infrastructure-0.37
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.37

ETFs that lowly correlated with WBS

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.91
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.80
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.79
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.78
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.75
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.75
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.75
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.75
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.74
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.73
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.72
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.72
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.71
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.64
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.64
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.63
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.63
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.62
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.61
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.61
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.58
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.57
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.56
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.55
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.55
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.55
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $40MN/ANov 6, 2008-0.55
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.54
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.54
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.53
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $19M1.05%May 1, 2024-0.53
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.52
OILDBank of Montreal$19MN/ANov 8, 2021-0.51
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.51
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.50
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.50
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.49
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.47
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.47
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.47
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $23M0.50%Mar 6, 2024-0.46
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.46
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.46
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$1.10BN/ANov 24, 2008-0.45
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.45
LDRHISHARES IBONDS 1-5 YEAR HIGH YIELD AND INCOME LADDER ETF $7.90M0.35%Nov 7, 2024-0.45
METDDIREXION DAILY META BEAR 1X SHARES $8.60M1.02%Jun 5, 2024-0.44
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.44
TSLSDirexion Daily TSLA Bear 1X Shares$76M0.95%Aug 8, 2022-0.44
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $39M1.05%Jul 9, 2024-0.44
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $9.80M1.05%Jul 23, 2024-0.43
SHRTGOTHAM SHORT STRATEGIES ETF $17M1.35%Jul 31, 2017-0.43
NFLWROUNDHILL NFLX WEEKLYPAY ETF $16MN/AJun 17, 2025-0.43
TSLZT-Rex 2X Inverse Tesla Daily Target ETF$46MN/AOct 18, 2023-0.42
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.42
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.41
TSLQTradr 2X Short TSLA Daily ETF$159MN/AJul 13, 2022-0.40
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.40
MLDRGLOBAL X INTERMEDIATE-TERM TREASURY LADDER ETF $9.30M0.12%Sep 9, 2024-0.40
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $14M1.11%Aug 14, 2024-0.40
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.40
WTIDBank of Montreal$6.60MN/AFeb 16, 2023-0.39
TSDDGRANITESHARES 2X SHORT TSLA DAILY ETF $42MN/AAug 21, 2023-0.39
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.39
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.20MN/AMay 15, 2024-0.39
GOVTISHARES U.S. TREASURY BOND ETF $41B0.05%Feb 14, 2012-0.38
GOVIINVESCO EQUAL WEIGHT 0-30 YEAR TREASURY ETF $1.20B0.15%Oct 11, 2007-0.37
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.37
TYDDIREXION DAILY 7-10 YEAR TREASURY BULL 3X SHARES $36MN/AApr 16, 2009-0.37
USTPROSHARES ULTRA 7-10 YEAR TREASURY $19MN/AJan 19, 2010-0.37