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59 Stocks and 41 ETFs for diversifying Transcat (TRNS)

The least correlated asset to Transcat (TRNS) is company Crane Harbor Acquisition Corp - Units (1 Ord Cls A & 1 Rts) (CHACU). The correlation is -0.7732.

Stocks that lowly correlated with TRNS

SymbolName
Market cap
SectorIndustry
Correlation
CHACUCrane Harbor Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$72MFinancial ServicesShell Companies-0.77
MIAXMiami International Holdings Inc$4BFinancial ServicesCapital Markets-0.68
BBOTBridgeBio Oncology Therapeutics Inc Com$674MHealthcareBiotechnology-0.64
MAMKMaxsMaking Inc - Class A$195MIndustrialsConglomerates-0.63
NTWOUNewbury Street II Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$184MFinancial ServicesShell Companies-0.61
LHAILinkhome Holdings Inc$19MReal EstateReal Estate Services-0.60
APUSApimeds Pharmaceuticals US Inc$8.51MHealthcareDrug Manufacturers - Specialty & Generic-0.58
PLMKUPlum Acquisition Corp IV - Units (1 Ord cls A & 1/2 Warr)$213MFinancial ServicesShell Companies-0.57
AAMAA Mission Acquisition Corp.$368MFinancial ServicesShell Companies-0.57
NMPAUNMP Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$35MFinancial ServicesShell Companies-0.55
PVLAPalvella Therapeutics Inc$2.18BHealthcareBiotechnology-0.54
FLDFold Holdings Inc - Class A$23MFinancial ServicesCapital Markets-0.53
JCAPJefferson Capital Inc$1.06BFinancial ServicesCredit Services-0.53
HBNBHotel101 Global Holdings Corp$1.31BReal EstateReal Estate Services-0.53
OFSSOOFS Capital Corp$341MN/AN/A-0.52
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.51
YOULYoulife Group Inc$41MConsumer DefensiveEducation & Training Services-0.51
THHTryHard Holdings Ltd$12MIndustrialsSpecialty Business Services-0.51
DGNXDiginex Ltd$28MIndustrialsConsulting Services-0.50
MHMcGraw Hill Inc$1.95BConsumer DefensiveEducation & Training Services-0.48
BACQUMerlin Inc - Units (1Ord Class A & 1 Rights)$781MFinancial ServicesShell Companies-0.47
ASPCRA SPAC III Acquisition Corp$196KN/AN/A-0.47
HERZHerzfeld Credit Income Fund Inc Com$230MFinancial ServicesAsset Management-0.46
NOEMUCO2 Energy Transition Corp - Units (1 Ord1 War & 1 Rts)$78MFinancial ServicesShell Companies-0.45
RHLDResolute Holdings Management Inc$1.12BIndustrialsSpecialty Business Services-0.45
DYCQUDT Cloud Acquisition Corp - Units (1 Ord & 1 Right)$26MFinancial ServicesShell Companies-0.45
MLACMountain Lake Acquisition Corp - Class A$43MN/AN/A-0.43
RDACRising Dragon Acquisition Corp$24MFinancial ServicesShell Companies-0.43
MAMOMassimo Group$41MConsumer CyclicalRecreational Vehicles-0.42
STRCMicrostrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock$29BTechnologySoftware - Application-0.42
DAICCID HoldCo Inc$40MTechnologyInformation Technology Services-0.42
TVAIUThayer Ventures Acquisition Corp II - Units (1 Ord Cls A & 1 Rts)$9.15MFinancial ServicesShell Companies-0.42
TVAIRThayer Ventures Acquisition Corporation II Rights$166KN/AN/A-0.40
LEGTLegato Merger Corp. III$197MFinancial ServicesShell Companies-0.39
ORIQUOrigin Investment Corp I - Units (1 Ord Cls & 1/2 War)$22MFinancial ServicesShell Companies-0.39
KVACKeen Vision Acquisition Corp$54MFinancial ServicesShell Companies-0.39
COLARColumbus Acquisition Corp Rights$778KN/AN/A-0.39
RDACRRising Dragon Acquisition Corp$140KN/AN/A-0.39
WYTCWytec International Inc$14MCommunications EquipmentInformation Technology-0.39
CHARRCharlton Aria Acquisition Corporation Rights$206KN/AN/A-0.39
TAVIRTavia Acquisition Corp$530KN/AN/A-0.38
FERAFifth Era Acquisition Corp I - Class A$246MFinancial ServicesShell Companies-0.38
PHOEPhoenix Asia Holdings Ltd$492MIndustrialsEngineering & Construction-0.38
HPAIHelport AI Ltd$21MTechnologySoftware - Infrastructure-0.38
DTCKDavis Commodities Ltd$1.23MConsumer DefensiveFarm Products-0.38
KBDCKayne Anderson BDC Inc$915MFinancial ServicesAsset Management-0.37
BODIThe Beachbody Company Inc Class A$79MCommunication ServicesInternet Content & Information-0.37
RANGRRange Capital Acquisition Corp$1.20MN/AN/A-0.37
RANGURange Capital Acquisition Corp - Units (1 Ord & 1 Rts)$49MFinancial ServicesShell Companies-0.37
AACTAres Acquisition Corporation II - Class A$588MFinancial ServicesShell Companies-0.37
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$18MFinancial ServicesShell Companies-0.37
PLBLPolibeli Group Ltd$2.84BConsumer CyclicalDepartment Stores-0.37
GRALGRAIL Inc$3.06BHealthcareDiagnostics & Research-0.37
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.37
MAGHMagnitude International Ltd$230MIndustrialsEngineering & Construction-0.36
ATMVRAMC Robotics Corp$24MN/AN/A-0.36
MCACUConnectM Technology Solutions Inc - Units (1 Ord Class A 1 War & 1 Right)$70MFinancial ServicesShell Companies-0.35
WAYWaystar Holding Corp$4.35BHealthcareHealth Information Services-0.35
GETGetnetAdquirencia e Servicos para Meios de Pagamento S.A. - Instituica$88MN/AN/A-0.35

ETFs that lowly correlated with TRNS

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
GOOWROUNDHILL GOOGL WEEKLYPAY ETF $85MN/AJul 23, 2025-0.65
NTRLFirst Trust Equity Market Neutral ETF$19M0.95%Feb 4, 2020-0.65
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $13MN/AMar 31, 2025-0.53
USDXSGI ENHANCED CORE ETF $305M1.08%Feb 28, 2024-0.51
TSIIREX TSLA GROWTH & INCOME ETF $41MN/AJun 3, 2025-0.48
PDDLGRANITESHARES 2X LONG PDD DAILY ETF $7.60MN/AJul 14, 2025-0.48
GXPCGLOBAL X PURECAP MSCI COMMUNICATION SERVICES ETF $80M0.15%Jul 22, 2025-0.48
ADBGLEVERAGE SHARES 2X LONG ADBE DAILY ETF $34MN/AMar 20, 2025-0.46
MAGCROUNDHILL CHINA MAGNIFICENT SEVEN ETF $12M0.60%Oct 2, 2024-0.46
MAGYROUNDHILL MAGNIFICENT SEVEN COVERED CALL ETF $131M0.99%Apr 22, 2025-0.46
AMZWROUNDHILL AMZN WEEKLYPAY ETF $34MN/AJun 17, 2025-0.46
MSFWROUNDHILL MSFT WEEKLYPAY ETF $27MN/AJul 23, 2025-0.45
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.44
PLTGLEVERAGE SHARES 2X LONG PLTR DAILY ETF $23MN/AApr 24, 2025-0.43
CBOACalamos Bitcoin Structured Alt Protection ETF April$4.80M0.69%Apr 4, 2025-0.41
ELILDirexion Daily LLY Bull 2X Shares$23MN/AMar 25, 2025-0.41
TSLWROUNDHILL TSLA WEEKLYPAY ETF $101MN/AFeb 18, 2025-0.41
GXPDGLOBAL X PURECAP MSCI CONSUMER DISCRETIONARY ETF $48M0.15%Jul 22, 2025-0.40
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.40
BABOYIELDMAX(R) BABA OPTION INCOME STRATEGY ETF $13M1.00%Aug 7, 2024-0.39
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.39
WTIPWISDOMTREE INFLATION PLUS FUND $21M0.65%Jun 16, 2025-0.39
APPXTRADR 2X LONG APP DAILY ETF$112MN/AApr 24, 2025-0.38
TRUDVANECK CONSUMER DISCRETIONARY TRUSECTOR ETF $33M0.16%Aug 20, 2025-0.38
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.38
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.38
CXRNTEUCRIUM 2X DAILY CORN ETF $4MN/ADec 12, 2024-0.38
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.38
CBXACalamos Bitcoin 90 Series Structured Alt Protection ETF April$5.20M0.69%Apr 4, 2025-0.38
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.38
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.38
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.38
PTIRGRANITESHARES 2X LONG PLTR DAILY ETF $297MN/ASep 4, 2024-0.37
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.37
BCCCGLOBAL X BITCOIN COVERED CALL ETF $8.20M0.75%Jun 3, 2025-0.37
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $29MN/AJul 16, 2009-0.37
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.36
KPDDKRANESHARES 2X LONG PDD DAILY ETF $19MN/AMar 7, 2025-0.36
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.36
CRMGLEVERAGE SHARES 2X LONG CRM DAILY ETF $49MN/AFeb 9, 2026-0.36
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.36