7 Stocks and 93 ETFs for diversifying AFLG (FIRST TRUST ACTIVE FACTOR LARGE CAP ETF)
The least correlated asset to AFLG (FIRST TRUST ACTIVE FACTOR LARGE CAP ETF) is ETF SPDN (DIREXION DAILY S&P 500 (R) BEAR 1X SHARES). The correlation is -0.961.
Stocks that lowly correlated with AFLG
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.60 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.56 |
| PROP | Prairie Operating Co. Common Stock | $60M | Energy | Oil & Gas E&p | -0.53 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.46 |
| MCTR | CTRL Group Ltd | $15M | Communication Services | Advertising Agencies | -0.45 |
| APAD | Enhanced Group Inc - Class A | $161M | Financial Services | Shell Companies | -0.44 |
| CDTG | CDT Environmental Technology Investment Holdings Ltd | $3.77M | Industrials | Waste Management | -0.42 |