29 Stocks and 71 ETFs for diversifying Shoals Technologies Group (SHLS)
The least correlated asset to Shoals Technologies Group (SHLS) is ETF XCOM (Ultra Communication Services Select Sector ETF). The correlation is -1.
Stocks that lowly correlated with SHLS
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.70 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.69 |
| CURX | Curanex Pharmaceuticals Inc | $6.11M | Healthcare | Biotechnology | -0.65 |
| ASIC | Ategrity Specialty Holdings LLC | $1.08B | Financial Services | Insurance - Property & Casualty | -0.56 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.53 |
| PLBL | Polibeli Group Ltd | $2.84B | Consumer Cyclical | Department Stores | -0.51 |
| PVLA | Palvella Therapeutics Inc | $2.18B | Healthcare | Biotechnology | -0.47 |
| DLXY | Delixy Holdings Ltd | $7.64M | Energy | Oil & Gas Refining & Marketing | -0.46 |
| UBXG | U-BX Technology Ltd | $6.42M | Communication Services | Advertising Agencies | -0.45 |
| MH | McGraw Hill Inc | $1.95B | Consumer Defensive | Education & Training Services | -0.44 |
| APAD | Enhanced Group Inc - Class A | $161M | Financial Services | Shell Companies | -0.43 |
| UCFI | CN Healthy Food Tech Group Corp | $288M | Consumer Defensive | Packaged Foods | -0.42 |
| IROH | Iron Horse Acquisitions Corp | $263M | Financial Services | Shell Companies | -0.42 |
| JBS | JBS N.V. - Class A | $13B | Consumer Defensive | Packaged Foods | -0.41 |
| TFIN-P | Triumph Financial Inc Depositary Shares Series C | $531M | Financial Services | Banks - Regional | -0.41 |
| ETS | Elite Express Holding Inc - Class A | $13M | Industrials | Trucking | -0.40 |
| PCLN | Priceline.com Inc | $906M | N/A | N/A | -0.39 |
| OMSE | OMS Energy Technologies Inc | $197M | Energy | Oil & Gas Equipment & Services | -0.39 |
| EQV | EQV Ventures Acquisition Corp. | $466M | Financial Services | Shell Companies | -0.39 |
| GSRM | Bitcoin Depot Inc - Class A | $54M | N/A | N/A | -0.38 |
| RIBBU | Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $56M | Financial Services | Shell Companies | -0.37 |
| CHYM | Chime Financial Inc - Class A | $8.43B | Technology | Software - Application | -0.37 |
| APADU | A Paradise Acquisition Corp Unit | $67M | Financial Services | Shell Companies | -0.36 |
| ARX | Accelerant Holdings - Class A | $2.82B | Financial Services | Insurance Brokers | -0.36 |
| OYSE | Oyster Enterprises II Acquisition Corp | $268M | Financial Services | Shell Companies | -0.35 |
| LMNX | Luminex Corp | $620M | N/A | N/A | -0.34 |
| CAPS | Capstone Holding Corp | $2.58M | Basic Materials | Building Materials | -0.33 |
| UTAA | UTA Acquisition Corp - Class A | $61M | N/A | N/A | -0.33 |
| BIAF | BioAffinity Technologies Inc | $3.25M | Healthcare | Diagnostics & Research | -0.33 |