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36 Stocks and 64 ETFs for diversifying Shake Shack (SHAK)

The least correlated asset to Shake Shack (SHAK) is company Wetour Robotics (WETO). The correlation is -0.6002.

Stocks that lowly correlated with SHAK

SymbolName
Market cap
SectorIndustry
Correlation
WETOWetour Robotics Ltd$11MTechnologySoftware - Infrastructure-0.60
WYHGWing Yip Food Holdings Group Ltd$59MConsumer DefensivePackaged Foods-0.59
NSRXNasus Pharma Ltd$28MHealthcareDrug Manufacturers - General-0.58
HMRSports Properties Acquisition Corp$65MIndustrialsMarine Shipping-0.56
BSAABEST SPAC I Acquisition Corp - Class A$63MFinancial ServicesShell Companies-0.55
NMAXNewsmax Inc Class B$1.09BCommunication ServicesBroadcasting-0.55
ORIQUOrigin Investment Corp I - Units (1 Ord Cls & 1/2 War)$22MFinancial ServicesShell Companies-0.55
LINELineage Inc$9.99BReal EstateReit - Industrial-0.55
PXDTPixie Dust Technologies Inc$8.62MTechnologyConsumer Electronics-0.54
HNGEHinge Health Inc - Class A$6.74BHealthcareHealth Information Services-0.53
AMBQAmbiq Micro Inc$1.76BTechnologySemiconductors-0.49
ELOGEastern International Ltd$9.59MIndustrialsIntegrated Freight & Logistics-0.49
JLHLJulong Holding Ltd - Class A$219MIndustrialsBuilding Products & Equipment-0.48
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.47
WYFIWhitefiber Inc$1.13BTechnologyInformation Technology Services-0.47
OYSEOyster Enterprises II Acquisition Corp$268MFinancial ServicesShell Companies-0.47
RALRALSTON PURINA CO$7.56BTechnologyElectronic Components-0.46
CAEPCantor Equity Partners III Inc - Class A$420MFinancial ServicesShell Companies-0.46
KYIVKyivstar Group Ltd$3.48BCommunication ServicesTelecom Services-0.46
XHGXChange TEC.Inc American Depositary Shares$35BFinancial ServicesInsurance Brokers-0.44
TDACUTranslational Development Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$26MFinancial ServicesShell Companies-0.44
QSEARQuartzsea Acquisition Corp$845KN/AN/A-0.43
FATNFatpipe Inc$67MTechnologySoftware - Infrastructure-0.43
RDACURising Dragon Acquisition Corp - Units (1 Ord Shs & 1 Rts)$13MFinancial ServicesShell Companies-0.42
BULLWebull Corporation$3.05BTechnologySoftware - Application-0.42
LCCCRLakeshore Acquisition III Corp$349KN/AN/A-0.41
AXINAxiom Intelligence Acquisition Corp 1 - Class A$341MFinancial ServicesShell Companies-0.41
PCPremium Catering (Holdings) Ltd$30MIndustrialsSpecialty Business Services-0.41
BMHLBluemount Holdings Ltd$146MFinancial ServicesCapital Markets-0.40
EMPGEmpro Group Inc$139MHealthcareMedical Distribution-0.40
TVAIThayer Ventures Acquisition Corporation II$208MFinancial ServicesShell Companies-0.40
HCHLHappy City Holdings Ltd - Class A$59MConsumer CyclicalRestaurants-0.40
NHICWNewHold Investment Corp III - Warrants (01/01/9999)$171MN/AN/A-0.40
GENVRGen Digital Inc$843MN/AN/A-0.39
GTERUGloba Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts)$53MFinancial ServicesShell Companies-0.39
FACTUFACT II Acquisition Corp - Units (1 Ord Class A & 1/2 War)$56MFinancial ServicesShell Companies-0.39

ETFs that lowly correlated with SHAK

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.58
CSCLDirexion Daily CSCO Bull 2X ETF$16MN/AJun 24, 2025-0.58
QGRDHORIZON NASDAQ-100 DEFINED RISK ETF $106M0.85%Jul 9, 2025-0.58
BRKUDIREXION DAILY BRKB BULL 2X SHARES $45MN/ADec 10, 2024-0.57
DVXKWEBs Defined Volatility XLK ETF$8M0.89%Jul 22, 2025-0.55
QCMUDirexion Daily QCOM Bull 2X ETF$30MN/AJun 24, 2025-0.55
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.53
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.53
NFXSDIREXION DAILY NFLX BEAR 1X SHARES $5.40M1.03%Oct 2, 2024-0.52
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.52
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.51
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.51
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.51
AIOOALLIANZIM U.S. EQUITY BUFFER100 PROTECTION ETF $39M0.64%Jun 30, 2025-0.50
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.50
TSIIREX TSLA GROWTH & INCOME ETF $41MN/AJun 3, 2025-0.50
BITIProShares Short Bitcoin ETF$144M1.01%Jun 21, 2022-0.50
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.49
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.49
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.49
TSLWROUNDHILL TSLA WEEKLYPAY ETF $101MN/AFeb 18, 2025-0.49
CONIGRANITESHARES 2X SHORT COIN DAILY ETF $16MN/ASep 4, 2024-0.49
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.49
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.48
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $61MN/AAug 21, 2023-0.48
GXPTGLOBAL X PURECAP MSCI INFORMATION TECHNOLOGY ETF $121M0.15%Jul 22, 2025-0.48
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.47
SGVTSCHWAB GOVERNMENT MONEY MARKET ETF $770M0.28%Jun 11, 2025-0.47
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.47
NOWLGRANITESHARES 2X LONG NOW DAILY ETF $286MN/AJul 14, 2025-0.47
BAIGLEVERAGE SHARES 2X LONG BBAI DAILY ETF $14MN/AAug 20, 2025-0.47
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.47
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.46
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.46
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.46
NVDQT-REX 2X INVERSE NVIDIA DAILY TARGET ETF $22MN/AOct 18, 2023-0.46
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $19M1.01%Sep 12, 2023-0.45
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.45
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.45
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.45
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.44
TRUTVANECK TECHNOLOGY TRUSECTOR ETF $163M0.14%Aug 20, 2025-0.44
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.44
SBITProShares UltraShort Bitcoin ETF$219MN/AApr 1, 2024-0.43
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $35M1.05%Jul 9, 2024-0.43
LABXTRADR 2X LONG ALAB DAILY ETF $136MN/AAug 11, 2025-0.43
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.43
SETHProShares Short Ether ETF$23M0.95%Nov 1, 2023-0.43
CTEFCASTELLAN TARGETED EQUITY ETF $679M0.45%Jun 17, 2025-0.43
AALGLEVERAGE SHARES 2X LONG AAL DAILY ETF $5.30MN/AJul 10, 2025-0.42
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.42
BFRZInnovator Equity Managed 100 Buffer ETF$137M0.89%May 12, 2025-0.42
BTCZT-REX 2X INVERSE BITCOIN DAILY TARGET ETF $30MN/AJul 9, 2024-0.42
EMEMSOPHUS CAPITAL EMERGING MARKET ETF $61M0.65%May 19, 2026-0.42
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.41
DKNXDEFIANCE DAILY TARGET 2X LONG DKNG ETF $5.40MN/AJul 30, 2025-0.41
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.41
IVESWedbush ETFMG Global Cloud Technology ETF$1.10B0.75%Jun 3, 2025-0.41
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.41
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $10M1.02%Sep 6, 2022-0.40
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.40
TSLIGRANITESHARES 1X SHORT TSLA DAILY ETF $5.80MN/ASep 8, 2025-0.40
MSTZT-REX 2X INVERSE MSTR DAILY TARGET ETF $148MN/ASep 17, 2024-0.39
JHAIJANUS HENDERSON GLOBAL ARTIFICIAL INTELLIGENCE ETF $27M0.59%Aug 19, 2025-0.39