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65 Stocks and 35 ETFs for diversifying Sally Beauty (SBH)

The least correlated asset to Sally Beauty (SBH) is company Kochav Defense Acquisition (KCHV). The correlation is -0.6984.

Stocks that lowly correlated with SBH

SymbolName
Market cap
SectorIndustry
Correlation
KCHVKochav Defense Acquisition Corp - Class A$263MFinancial ServicesShell Companies-0.70
GTERAGloba Terra Acquisition Corporation Class A$246MFinancial ServicesShell Companies-0.69
APADREnhanced Group Inc$6.67MN/AN/A-0.67
DFSCDEFSEC Technologies Inc Com$3.99MIndustrialsAerospace & Defense-0.67
DAAQDigital Asset Acquisition Corp - Class A$180MFinancial ServicesShell Companies-0.65
ETOREtoro Group Ltd - Class A$3.63BFinancial ServicesCapital Markets-0.63
FLACFrazier Lifesciences Acquisition Corp - Class A$175MN/AN/A-0.60
CHAChagee Holdings Ltd$1.84BConsumer CyclicalRestaurants-0.60
CRECre8 Enterprise Ltd Class A$6.60MIndustrialsSpecialty Business Services-0.58
STRZStarz Entertainment Corp$468MCommunication ServicesEntertainment-0.56
TLXTelix Pharmaceuticals Ltd$3.82BHealthcareBiotechnology-0.56
WENNWen Acquisition Corp - Class A$310MFinancial ServicesShell Companies-0.54
RNERUMount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt)$125MN/AN/A-0.54
HMCOHumanCo Acquisition Corp - Class A$387MN/AN/A-0.53
BYAHPark Ha Biological Technology Co Ltd$917KConsumer DefensiveHousehold & Personal Products-0.53
SLDESlide Insurance Holdings Inc$2.32BFinancial ServicesInsurance - Property & Casualty-0.53
HCHLHappy City Holdings Ltd - Class A$59MConsumer CyclicalRestaurants-0.52
JCICUJack Creek Investment Corp - Units (1 Ord Share Class A & 1/2 War)$432MN/AN/A-0.51
TSIBUTishman Speyer Innovation Corp II - Units (1 Ord Share Class A & 1/5 War)$301MN/AN/A-0.51
PCAPPatriot Capital Funding Inc$324MFinancial ServicesShell Companies-0.50
OBAOxley Bridge Acquisition Ltd - Class A$260MFinancial ServicesShell Companies-0.49
TLIHTen League International Holdings Ltd$17MIndustrialsIndustrial Distribution-0.49
MASK3 E Network Technology Group Ltd - Class A$1.60MTechnologySoftware - Application-0.49
INACIndigo Acquisition Corp$118MFinancial ServicesShell Companies-0.48
CTWCTW Cayman - Class A$147MCommunication ServicesElectronic Gaming & Multimedia-0.48
FIGXFIGX Capital Acquisition Corp - Class A$159MFinancial ServicesShell Companies-0.47
OMSEOMS Energy Technologies Inc$197MEnergyOil & Gas Equipment & Services-0.47
IPCXInflection Point Acquisition Corp III - Class A$263MFinancial ServicesShell Companies-0.47
TGEGeneration Essentials Group - Class A$370MFinancial ServicesAsset Management-0.46
PNSkycorp Solar Group Ltd - Series A$91MTechnologySolar-0.46
UYSCUY Scuti Acquisition Corp$74MFinancial ServicesShell Companies-0.45
GETGetnetAdquirencia e Servicos para Meios de Pagamento S.A. - Instituica$88MN/AN/A-0.45
FIGFigma Inc - Class A$12BTechnologySoftware - Application-0.44
RALRALSTON PURINA CO$7.56BTechnologyElectronic Components-0.44
VOYGVoyager Technologies Inc - Class A$1.55BIndustrialsAerospace & Defense-0.44
CAEPCantor Equity Partners III Inc - Class A$420MFinancial ServicesShell Companies-0.44
RAAQUReal Asset Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$65MFinancial ServicesShell Companies-0.43
BRLIBrilliant Acquisition Corp$5.92MN/AN/A-0.43
JLHLJulong Holding Ltd - Class A$219MIndustrialsBuilding Products & Equipment-0.43
BCARBank of the Carolinas CORP$303MFinancial ServicesShell Companies-0.43
MSIFMSC Income Fund Inc$515MFinancial ServicesAsset Management-0.43
CCVChurchill Capital Corp V - Class A$284MN/AN/A-0.43
PRMBPrimo Brands Corp - Class A$9.12BConsumer DefensiveBeverages - Non-alcoholic-0.43
CRCLCircle Internet Group Inc - Class A$16BFinancial ServicesCapital Markets-0.43
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.42
LOKVLive Oak Acquisition Corp V - Class A$265MFinancial ServicesShell Companies-0.42
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.42
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.41
LCCCLakeshore Acquisition III Corp$72MFinancial ServicesShell Companies-0.41
CHARCHAPARRAL RESOURCES INC$119MFinancial ServicesShell Companies-0.41
BMGLBasel Medical Group Ltd$9.61MHealthcareMedical Care Facilities-0.41
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.41
PEWGrabAGun Digital Holdings Inc$75MIndustrialsAerospace & Defense-0.40
NVSAUNew Vista Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$350MN/AN/A-0.40
LWACLightWave Acquisition Corp - Class A$221MFinancial ServicesShell Companies-0.39
TRONCorner Growth Acquisition Corp 2 - Class A$700MConsumer CyclicalLeisure-0.39
AMBQAmbiq Micro Inc$1.76BTechnologySemiconductors-0.39
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.39
TVAIUThayer Ventures Acquisition Corp II - Units (1 Ord Cls A & 1 Rts)$9.15MFinancial ServicesShell Companies-0.39
CEPOCantor Equity Partners I Inc - Class A$271MFinancial ServicesShell Companies-0.39
AXINAxiom Intelligence Acquisition Corp 1 - Class A$341MFinancial ServicesShell Companies-0.39
OYSEOyster Enterprises II Acquisition Corp$268MFinancial ServicesShell Companies-0.38
TAVIUTavia Acquisition Corp - Units (1 Ord Shs & 1 Rts)$123MFinancial ServicesShell Companies-0.38
CUBLionheart Holdings - Class A$248MFinancial ServicesShell Companies-0.38
ARXAccelerant Holdings - Class A$2.82BFinancial ServicesInsurance Brokers-0.38

ETFs that lowly correlated with SBH

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.61
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.56
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.56
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.54
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.54
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.53
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.51
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.50
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.49
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.49
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.48
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $176M0.50%May 10, 2021-0.47
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.47
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.46
CSCLDirexion Daily CSCO Bull 2X ETF$16MN/AJun 24, 2025-0.45
AMDWROUNDHILL AMD WEEKLYPAY ETF $122MN/AJul 23, 2025-0.45
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.45
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.44
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.43
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.41
STHHSTMICROELECTRONICS NV ADRHEDGED(TM) $7.50M0.19%Mar 13, 2025-0.41
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.41
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.40
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.40
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.40
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.40
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.39
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.39
WXETTEUCRIUM 2X DAILY WHEAT ETF $7MN/ADec 12, 2024-0.39
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.39
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.39
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.39
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.39
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.38
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.38