38 Stocks and 62 ETFs for diversifying ESAB (ESAB)
The least correlated asset to ESAB (ESAB) is ETF XCOM (Ultra Communication Services Select Sector ETF). The correlation is -1.
Stocks that lowly correlated with ESAB
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| VCKAU | Scilex Holding Company - Units (1 Ord & 1/2 War) | $37M | N/A | N/A | -0.76 |
| FLAC | Frazier Lifesciences Acquisition Corp - Class A | $175M | N/A | N/A | -0.72 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.66 |
| CURX | Curanex Pharmaceuticals Inc | $6.11M | Healthcare | Biotechnology | -0.62 |
| EQV | EQV Ventures Acquisition Corp. | $466M | Financial Services | Shell Companies | -0.54 |
| STRZ | Starz Entertainment Corp | $468M | Communication Services | Entertainment | -0.51 |
| CTW | CTW Cayman - Class A | $147M | Communication Services | Electronic Gaming & Multimedia | -0.51 |
| SAFX | XCF Global Inc | $145M | Utilities | Utilities - Renewable | -0.50 |
| HNGE | Hinge Health Inc - Class A | $6.74B | Healthcare | Health Information Services | -0.48 |
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $18M | Financial Services | Shell Companies | -0.47 |
| OYSE | Oyster Enterprises II Acquisition Corp | $268M | Financial Services | Shell Companies | -0.47 |
| IBACR | IB Acquisition Corp | $489K | N/A | N/A | -0.46 |
| BLSH | Bullish | $3.80B | Technology | Software - Infrastructure | -0.44 |
| HYAC-U | Haymaker Acquisition Corp 4 - Units (1 Ord Class A & 1/2 War) | $65M | N/A | N/A | -0.44 |
| OMDA | Omada Health Inc | $1.41B | Healthcare | Health Information Services | -0.43 |
| MOBX | Mobix Labs Inc - Class A | $20M | Technology | Semiconductors | -0.43 |
| BMGL | Basel Medical Group Ltd | $9.61M | Healthcare | Medical Care Facilities | -0.43 |
| TURB | Turbo Energy S.A. | $7.58M | Technology | Solar | -0.43 |
| DAIC | CID HoldCo Inc | $40M | Technology | Information Technology Services | -0.43 |
| OSTX | OS Therapies Inc | $61M | Healthcare | Biotechnology | -0.42 |
| COEP | Coeptis Therapeutics Holdings Inc. Common Stock | $22M | Healthcare | Biotechnology | -0.41 |
| CHARU | Charlton Aria Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $20M | Financial Services | Shell Companies | -0.41 |
| FBYD | Falcon`s Beyond Global Inc - Class A | $617M | Industrials | Conglomerates | -0.41 |
| PC | Premium Catering (Holdings) Ltd | $30M | Industrials | Specialty Business Services | -0.41 |
| PXDT | Pixie Dust Technologies Inc | $8.62M | Technology | Consumer Electronics | -0.40 |
| CRCL | Circle Internet Group Inc - Class A | $16B | Financial Services | Capital Markets | -0.39 |
| TWNP | Twin Hospitality Group Inc. Class A Common Stock | $4.08M | Consumer Cyclical | Restaurants | -0.39 |
| YHNA | YHN Acquisition I Ltd | $63M | Financial Services | Shell Companies | -0.39 |
| KNOP | KNOT Offshore Partners LP | $363M | Energy | Oil & Gas Midstream | -0.38 |
| RYDE | Ryde Group Ltd - Class A | $4.70M | Technology | Software - Application | -0.37 |
| MENS | Jyong Biotech Ltd | $174M | Healthcare | Biotechnology | -0.37 |
| XHG | XChange TEC.Inc American Depositary Shares | $35B | Financial Services | Insurance Brokers | -0.37 |
| SVCO | Silvaco Group Inc | $336M | Technology | Software - Application | -0.37 |
| OPTN | OptiNose Inc | $112M | N/A | N/A | -0.36 |
| CDTG | CDT Environmental Technology Investment Holdings Ltd | $3.77M | Industrials | Waste Management | -0.36 |
| LANV | Lanvin Group Holdings Ltd - Class A | $157M | Consumer Cyclical | Luxury Goods | -0.35 |
| VCXA | 10X Capital Venture Acquisition Corp II - Class A | $86M | N/A | N/A | -0.35 |
| EONR | HNR Acquisition Corp | $21M | Energy | Oil & Gas E&p | -0.35 |