33 Stocks and 67 ETFs for diversifying Shake Shack (SHAK)
The least correlated asset to Shake Shack (SHAK) is ETF TSII (REX TSLA GROWTH & INCOME ETF). The correlation is -0.661.
Stocks that lowly correlated with SHAK
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| WYHG | Wing Yip Food Holdings Group Ltd | $43M | Consumer Defensive | Packaged Foods | -0.56 |
| HNGE | Hinge Health Inc - Class A | $4.21B | Healthcare | Health Information Services | -0.55 |
| PXDT | Pixie Dust Technologies Inc | $8.62M | Technology | Consumer Electronics | -0.55 |
| WETO | Webus International Ltd | $11M | Technology | Software - Infrastructure | -0.54 |
| FACTU | FACT II Acquisition Corp - Units (1 Ord Class A & 1/2 War) | $56M | Financial Services | Shell Companies | -0.53 |
| NMAX | Newsmax Inc Class B | $1B | Communication Services | Broadcasting | -0.53 |
| LINE | Lineage Inc | $9.85B | Real Estate | Reit - Industrial | -0.50 |
| HMR | Sports Properties Acquisition Corp | $73M | Industrials | Marine Shipping | -0.49 |
| BULL | Webull Corporation | $2.47B | Technology | Software - Application | -0.49 |
| RDACU | Rising Dragon Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $13M | Financial Services | Shell Companies | -0.49 |
| JLHL | Julong Holding Ltd - Class A | $457M | Industrials | Building Products & Equipment | -0.48 |
| PVLA | Palvella Therapeutics Inc | $1.66B | Healthcare | Biotechnology | -0.47 |
| WGRX | Wellgistics Health Inc | $7.55M | Healthcare | Pharmaceutical Retailers | -0.45 |
| CAEP | Cantor Equity Partners III Inc - Class A | $420M | Financial Services | Shell Companies | -0.45 |
| CHARR | Charlton Aria Acquisition Corporation Rights | $226K | N/A | N/A | -0.44 |
| XHG | XChange TEC.Inc American Depositary Shares | $35B | Financial Services | Insurance Brokers | -0.44 |
| PMTW | Pennymac Mortgage Investment Trust | $2.23B | N/A | N/A | -0.44 |
| RAAQ | Real Asset Acquisition Corp - Class A | $196M | Financial Services | Shell Companies | -0.43 |
| MENS | Jyong Biotech Ltd | $164M | Healthcare | Biotechnology | -0.43 |
| PC | Premium Catering (Holdings) Ltd | $30M | Industrials | Specialty Business Services | -0.42 |
| SUPX | Super X AI Technology Ltd | $299M | Technology | Software - Infrastructure | -0.41 |
| HCAI | Huachen AI Parking Management Technology Holding Co. Ltd | $13M | Industrials | Farm & Heavy Construction Machinery | -0.41 |
| RAAQU | Real Asset Acquisition Corp - Units (1 Ord Cls A & 1/2 War) | $69M | Financial Services | Shell Companies | -0.41 |
| PSIG | PS International Group Ltd | $21M | Industrials | Integrated Freight & Logistics | -0.41 |
| TVAIU | Thayer Ventures Acquisition Corp II - Units (1 Ord Cls A & 1 Rts) | $10M | Financial Services | Shell Companies | -0.39 |
| RNERU | Mount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt) | $125M | N/A | N/A | -0.38 |
| QSEAR | Quartzsea Acquisition Corp | $814K | N/A | N/A | -0.38 |
| CRAQ | Cal Redwood Acquisition Corp | $320M | Financial Services | Shell Companies | -0.38 |
| UYSCR | UY Scuti Acquisition Corp | $277K | N/A | N/A | -0.37 |
| OMDA | Omada Health Inc | $975M | Healthcare | Health Information Services | -0.37 |
| DFSC | DEFSEC Technologies Inc Com | $8.73M | Industrials | Aerospace & Defense | -0.37 |
| CMDB | Costamare Bulkers Holdings Ltd | $409M | Industrials | Marine Shipping | -0.37 |
| ENGS | Energys Group Ltd | $12M | Industrials | Waste Management | -0.37 |