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82 Stocks and 18 ETFs for diversifying Shenandoah Telecommunications (SHEN)

The least correlated asset to Shenandoah Telecommunications (SHEN) is company Jefferson Capital (JCAP). The correlation is -0.701.

Stocks that lowly correlated with SHEN

SymbolName
Market cap
SectorIndustry
Correlation
JCAPJefferson Capital Inc$950MFinancial ServicesCredit Services-0.70
RHLDResolute Holdings Management Inc$948MIndustrialsSpecialty Business Services-0.67
TACHTitan Acquisition Corp - Class A$286MFinancial ServicesShell Companies-0.65
FIGXUFIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$35MFinancial ServicesShell Companies-0.63
CHACUCrane Harbor Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$72MFinancial ServicesShell Companies-0.56
CRAQCal Redwood Acquisition Corp$320MFinancial ServicesShell Companies-0.56
AOMDAngel Oak Mortgage REIT Inc$622MN/AN/A-0.56
ACTUActuate Therapeutics Inc$50MHealthcareBiotechnology-0.56
COLARColumbus Acquisition Corp Rights$1.07MN/AN/A-0.54
TAVIRTavia Acquisition Corp$619KN/AN/A-0.52
BACQUMerlin Inc - Units (1Ord Class A & 1 Rights)$781MFinancial ServicesShell Companies-0.52
ATMUAtmus Filtration Technologies Inc$4.03BConsumer CyclicalAuto Parts-0.50
GAINIGladstone Investment Corporation$1.02BN/AN/A-0.49
SDHISiddhi Acquisition Corp - Class A$287MFinancial ServicesShell Companies-0.48
TTAMTitan America SA$3.01BBasic MaterialsBuilding Materials-0.48
DXSTDecent Holding Inc$1.65MIndustrialsWaste Management-0.47
BEAGRBold Eagle Acquisition Corp Right$1.23MN/AN/A-0.47
VCICUVine Hill Capital Investment Corp - Units (1 Ord Class A & 1/2 War)$75MFinancial ServicesShell Companies-0.46
INLFINLIF Ltd$68MIndustrialsSpecialty Industrial Machinery-0.46
MDCXWMedicus Pharma Ltd warrant$14MHealthcareDrug Manufacturers - General-0.45
CTWOCOtwo Advisors Physical European Carbon Allowance Trust$1.73MN/AN/A-0.45
NTCLNetClass Technology Inc - Class A$8.13MTechnologySoftware - Application-0.45
PLMKUPlum Acquisition Corp IV - Units (1 Ord cls A & 1/2 Warr)$54MFinancial ServicesShell Companies-0.45
HTCOCaravelle International Group$38MIndustrialsMarine Shipping-0.44
MTACMedTech Acquisition Corp - Class A$183MN/AN/A-0.44
CHPGChampionsGate Acquisition Corp - Class A$77MFinancial ServicesShell Companies-0.43
BEAGUBold Eagle Acquisition Corp - Units (1Ord Cls A & 1 Rts)$54MFinancial ServicesShell Companies-0.42
NOEMRCO2 Energy Transition Corp$537KN/AN/A-0.41
RNERUMount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt)$125MN/AN/A-0.41
NTWOUNewbury Street II Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$183MFinancial ServicesShell Companies-0.41
BIYABaiya International Group Inc$620KTechnologySoftware - Application-0.41
OMSEOMS Energy Technologies Inc$201MEnergyOil & Gas Equipment & Services-0.41
PMTWPennymac Mortgage Investment Trust$2.23BN/AN/A-0.41
WAYWaystar Holding Corp$3.65BHealthcareHealth Information Services-0.40
BBNXBeta Bionics Inc$518MHealthcareMedical Devices-0.40
RWTORedwood Trust Inc$3.06BN/AN/A-0.39
FGLFounder Group Ltd$2.30MIndustrialsEngineering & Construction-0.39
RDACRRising Dragon Acquisition Corp$192KN/AN/A-0.39
BGMQilian International Holding Group Ltd - Class A$7.45MHealthcareDrug Manufacturers - Specialty & Generic-0.39
HBNBHotel101 Global Holdings Corp$1.36BReal EstateReal Estate Services-0.39
UYSCRUY Scuti Acquisition Corp$277KN/AN/A-0.39
SAGTSagtec Global Ltd$21MTechnologySoftware - Application-0.38
AGHAureus Greenway Holdings Inc$87MConsumer CyclicalLeisure-0.38
EGHAEGH Acquisition Corp - Class A$212MFinancial ServicesShell Companies-0.37
BUSEPFirst Busey Corp$2.18BFinancial ServicesBanks - Regional-0.37
PLMIPlum Acquisition Corp I - Class A$192MN/AN/A-0.37
CIMNChimera Investment Corporation 9.000 Senior Notes due 2029$2.12BN/AN/A-0.37
MENSJyong Biotech Ltd$164MHealthcareBiotechnology-0.37
BLIVBeLive Holdings$25MTechnologySoftware - Application-0.36
NOEMUCO2 Energy Transition Corp - Units (1 Ord1 War & 1 Rts)$77MFinancial ServicesShell Companies-0.36
FLACFrazier Lifesciences Acquisition Corp - Class A$175MN/AN/A-0.36
SDHIRSiddhi Acquisition Corp$1.38MN/AN/A-0.35
AOMNAngel Oak Mortgage REIT Inc$625MN/AN/A-0.35
ELWSEarlyworks Co Ltd$100MTechnologySoftware - Application-0.35
KVYOKlaviyo Inc - Series A$4.32BTechnologySoftware - Application-0.34
HSPTUHorizon Space Acquisition II Corp - Unit (1 Ordinary share & 1 Rts)$25MFinancial ServicesShell Companies-0.34
JFBJFB Construction Holdings$69MReal EstateReal Estate - Development-0.34
CGCTCartesian Growth Corp III - Class A$283MFinancial ServicesShell Companies-0.34
WCTWellchange Holdings Co. Ltd$5.79MTechnologySoftware - Application-0.33
CAPNUCayson Acquisition Corp - Units (1 1 Rights)$20MFinancial ServicesShell Companies-0.33
APUSApimeds Pharmaceuticals US Inc$1.82MHealthcareDrug Manufacturers - Specialty & Generic-0.33
AILEiLearningEngines Holdings Inc - Class A$59MTechnologySoftware - Infrastructure-0.33
ZSPCZspace Inc$2.96MTechnologyComputer Hardware-0.33
KMTSKestra Medical Technologies Ltd$1.23BHealthcareMedical Instruments & Supplies-0.33
DYCQUDT Cloud Acquisition Corp - Units (1 Ord & 1 Right)$26MFinancial ServicesShell Companies-0.32
SNSharkNinja Inc$17BConsumer CyclicalFurnishings, Fixtures & Appliances-0.32
CCIXChurchill Capital Corp IX$310MFinancial ServicesShell Companies-0.32
MACIUMelar Acquisition Corp I - Units (1 Ord Class A & 1 War)$197MFinancial ServicesShell Companies-0.32
ABLLLAbacus Global Management Inc$2.45BN/AN/A-0.32
BKVBKV Corp$2.91BEnergyOil & Gas E&p-0.32
NXLNexalin Technology Inc$12MHealthcareMedical Devices-0.32
SOLEmeren Group Ltd American Depositary Shares, each representing 10 shares$100MTechnologySolar-0.32
JDZGJiade Ltd$1.58MConsumer DefensiveEducation & Training Services-0.31
TLNTalen Energy Corp New$17BUtilitiesUtilities - Independent Power Producers-0.31
VLTOVeralto Corp$21BIndustrialsPollution & Treatment Controls-0.31
MBXMBX Biosciences Inc$1.52BHealthcareBiotechnology-0.30
AACIArmada Acquisition Corp I$77MFinancial ServicesShell Companies-0.30
SPMCSound Point Meridian Capital Inc$224MFinancial ServicesAsset Management-0.30
ABPAbpro Holdings, Inc Common Stock$1.43MHealthcareBiotechnology-0.30
RWTPRedwood Trust Inc$3.05BN/AN/A-0.30
ATHRAether Holdings Inc$43MTechnologySoftware - Application-0.30
TACHUTitan Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$691MFinancial ServicesShell Companies-0.30

ETFs that lowly correlated with SHEN

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
MSDDGRANITESHARES 2X SHORT MSTR DAILY ETF $1MN/AJun 9, 2025-0.65
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $4.80MN/AMar 31, 2025-0.46
ZTAXX-Square Municipal Income Tax Free ETF$4.50M0.92%May 18, 2023-0.42
HBDCHilton BDC Corporate Bond ETF$86M0.39%Jun 10, 2025-0.40
FMEDFIDELITY DISRUPTIVE MEDICINE ETF $58M0.50%Apr 16, 2020-0.40
EVSBEATON VANCE ULTRA-SHORT INCOME ETF $204M0.17%Oct 16, 2023-0.37
TIPDDirexion Daily TIPS Bear 2X Shares$4M0.10%Aug 18, 2025-0.35
PCMMBondBloxx Private Credit CLO ETF$203M0.68%Dec 2, 2024-0.35
VGMSVanguard MultiSector Income Bond ETF$215M0.30%Jun 9, 2025-0.35
KCSHKRANESHARES SUSTAINABLE ULTRA SHORT DURATION INDEX ETF $174M0.20%Jul 22, 2024-0.34
KPDDKRANESHARES 2X LONG PDD DAILY ETF $20MN/AMar 7, 2025-0.34
PDBAInvesco Agriculture Commodity Strategy No K-1 ETF$323M0.59%Aug 24, 2022-0.33
NBSDNEUBERGER BERMAN SHORT DURATION INCOME ETF $1B0.35%Jun 21, 2010-0.33
ODHYOBRA DEFENSIVE HIGH YIELD ETF$5.10M0.50%Jun 30, 2025-0.32
BUXXSTRIVE ENHANCED INCOME SHORT MATURITY ETF $471M0.26%Aug 9, 2023-0.31
CSHPEnhanced Short-Term Bond ETF$190M0.20%Jul 17, 2024-0.31
AAPWROUNDHILL AAPL WEEKLYPAY ETF $39MN/AFeb 18, 2025-0.31
ELILDirexion Daily LLY Bull 2X Shares$18MN/AMar 25, 2025-0.31