Skip to main content

Want a detailed portfolio tracker?

OverviewPerformanceDividendsMetricsFinancialsETFsIndustryCorrelations
High CorrelationLow Correlation

39 Stocks and 61 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 -0.9052.

Stocks that lowly correlated with WBS

SymbolName
Market cap
SectorIndustry
Correlation
CTWCTW Cayman - Class A$147MCommunication ServicesElectronic Gaming & Multimedia-0.66
SSEAUStarry Sea Acquisition Corp - Units (1 Ord Shs & 1/6 Rts)$19MFinancial ServicesShell Companies-0.65
QUMSUQuantumsphere Acquisition Corp - Units (1 Ord Shs & 1 Rts)$33MFinancial ServicesShell Companies-0.64
ELOGEastern International Ltd$9.59MIndustrialsIntegrated Freight & Logistics-0.62
BMGLBasel Medical Group Ltd$9.61MHealthcareMedical Care Facilities-0.60
INACRIndigo Acquisition Corp Right$448KN/AN/A-0.60
CCIIWCohen Circle Acquisition Corp II - Warrants(01/07/2030)$3.81MN/AN/A-0.60
PCPremium Catering (Holdings) Ltd$30MIndustrialsSpecialty Business Services-0.60
KCHVKochav Defense Acquisition Corp - Class A$263MFinancial ServicesShell Companies-0.57
INACIndigo Acquisition Corp$118MFinancial ServicesShell Companies-0.57
CCCXChurchill Capital Corp X - Class A$570MFinancial ServicesShell Companies-0.56
IPCXInflection Point Acquisition Corp III - Class A$263MFinancial ServicesShell Companies-0.56
FIGXUFIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$35MFinancial ServicesShell Companies-0.56
JMACUMaxpro Capital Acquisition Corp - Units (1 Ord Share Class A & 1 War)$150MN/AN/A-0.56
OBAOxley Bridge Acquisition Ltd - Class A$260MFinancial ServicesShell Companies-0.55
GTERUGloba Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts)$53MFinancial ServicesShell Companies-0.55
VNMEWVendome Acquisition Corporation I Warrant$2.70MN/AN/A-0.52
NPACNew Providence Acquisition Corp III - Class A$398MFinancial ServicesShell Companies-0.52
RYOJrYojbaba Co. Ltd$51MIndustrialsConsulting Services-0.52
SPEGUSilver Pegasus Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$35MFinancial ServicesShell Companies-0.51
OMDAOmada Health Inc$1.41BHealthcareHealth Information Services-0.50
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.46
HVMCUHighview Merger Corp - Units (1 Ord Cls A & 1/2 War)$52MFinancial ServicesShell Companies-0.45
TACHTitan Acquisition Corp - Class A$288MFinancial ServicesShell Companies-0.45
SDHISiddhi Acquisition Corp - Class A$288MFinancial ServicesShell Companies-0.45
CCIICohen Circle Acquisition Corp II - Class A$269MFinancial ServicesShell Companies-0.45
CCIIUCohen Circle Acquisition Corp II - Units (1 Ord Cls A & 1/4 War)$80MFinancial ServicesShell Companies-0.44
RNERUMount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt)$125MN/AN/A-0.44
TVAIRThayer Ventures Acquisition Corporation II Rights$166KN/AN/A-0.44
OFSSOOFS Capital Corp$341MN/AN/A-0.43
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.43
AIIAmerican Integrity Insurance Group Inc$358MFinancial ServicesInsurance - Property & Casualty-0.43
RDAGRepublic Digital Acquisition Co. - Class A$311MFinancial ServicesShell Companies-0.43
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.42
VNMEUVendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War)$52MFinancial ServicesShell Companies-0.42
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.42
DGNXDiginex Ltd$28MIndustrialsConsulting Services-0.42
CRAQCal Redwood Acquisition Corp$320MFinancial ServicesShell Companies-0.41
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.41

ETFs that lowly correlated with WBS

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.91
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.81
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.79
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.78
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.76
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.75
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.75
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.75
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.74
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.73
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.72
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.72
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.71
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.69
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.64
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.64
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.63
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.63
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.62
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.61
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.61
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.58
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.57
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.56
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.56
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.55
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.55
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.55
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.55
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.54
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $16M1.05%May 1, 2024-0.53
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.52
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.51
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.51
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.51
OILDBank of Montreal$53MN/ANov 8, 2021-0.51
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.51
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.50
GLXUT-REX 2X LONG GLXY DAILY TARGET ETF $18MN/AAug 7, 2025-0.49
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.49
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.47
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.47
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.47
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.47
GLGGLEVERAGE SHARES 2X LONG GLXY DAILY ETF $2.80MN/AAug 20, 2025-0.46
LDRTISHARES IBONDS 1-5 YEAR TREASURY LADDER ETF $132M0.07%Nov 7, 2024-0.45
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.45
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.45
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$895MN/ANov 24, 2008-0.45
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.45
SBILSimplify Government Money Market ETF$5B0.15%Jul 14, 2025-0.44
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.44
TSLSDirexion Daily TSLA Bear 1X Shares$66M0.95%Aug 8, 2022-0.44
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $35M1.05%Jul 9, 2024-0.43
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.43
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.43
SHRTGOTHAM SHORT STRATEGIES ETF $14M1.35%Jul 31, 2017-0.43
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.42
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.41
TSLZT-REX 2X INVERSE TESLA DAILY TARGET ETF $31MN/AOct 18, 2023-0.41
MSFWROUNDHILL MSFT WEEKLYPAY ETF $27MN/AJul 23, 2025-0.41