20 Stocks and 80 ETFs for diversifying Steven Madden (SHOO)
The least correlated asset to Steven Madden (SHOO) is ETF TNGY (TORTOISE ENERGY ETF). The correlation is -0.72.
Stocks that lowly correlated with SHOO
| 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 | -0.67 |
| EMA | Emera Incorporated | $16B | Utilities | Utilities - Regulated Electric | -0.58 |
| IBAC | IB Acquisition Corp | $46M | Financial Services | Shell Companies | -0.51 |
| MCTR | CTRL Group Ltd | $15M | Communication Services | Advertising Agencies | -0.48 |
| BMGL | Basel Medical Group Ltd | $9.61M | Healthcare | Medical Care Facilities | -0.47 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.46 |
| ETS | Elite Express Holding Inc - Class A | $13M | Industrials | Trucking | -0.46 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.46 |
| GSHR | Gesher Acquisition Corp II - Class A | $157M | Financial Services | Shell Companies | -0.46 |
| KG | KING PHARMACEUTICALS INC | $77M | Financial Services | Insurance - Reinsurance | -0.45 |
| RAY | Raytech Holding Ltd | $8.20M | Consumer Defensive | Household & Personal Products | -0.45 |
| CPSR | Gelesis Holdings Inc - Class A | $1.87B | N/A | N/A | -0.45 |
| WSBK | Winchester Bancorp Inc | $121M | Financial Services | Banks - Regional | -0.44 |
| TGE | Generation Essentials Group - Class A | $370M | Financial Services | Asset Management | -0.43 |
| GATE | VISTASHARES TARGET 15 GATE ENDOWMENT DISTRIBUTION ETF | $425M | Financial Services | Shell Companies | -0.41 |
| GATEU | Marblegate Acquisition Corp - Units (1 Ord Share Class A & 1/2 War) | $340M | Financial Services | Shell Companies | -0.41 |
| GDSTR | Goldenstone Acquisition Ltd | $160K | N/A | N/A | -0.41 |
| LZMH | LZ Technology Holdings Ltd - Class B | $9.02M | Technology | Information Technology Services | -0.40 |
| CRE | Cre8 Enterprise Ltd Class A | $6.60M | Industrials | Specialty Business Services | -0.38 |
| VNMEU | Vendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War) | $52M | Financial Services | Shell Companies | -0.38 |