17 Stocks and 83 ETFs for diversifying AIRR (FIRST TRUST RBA AMERICAN INDUSTRIAL RENAISSANCE ETF)
The least correlated asset to AIRR (FIRST TRUST RBA AMERICAN INDUSTRIAL RENAISSANCE ETF) is ETF SBB (ProShares Short SmallCap600 -1x Shares). The correlation is -0.8945.
Stocks that lowly correlated with AIRR
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| TMDE | TMD Energy Ltd | $18M | Energy | Oil & Gas Midstream | -0.65 |
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $20M | Financial Services | Shell Companies | -0.60 |
| MCTR | CTRL Group Ltd | $15M | Communication Services | Advertising Agencies | -0.54 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.53 |
| DGNX | Diginex Ltd | $31M | Industrials | Consulting Services | -0.51 |
| HBNB | Hotel101 Global Holdings Corp | $1.36B | Real Estate | Real Estate Services | -0.43 |
| APUS | Apimeds Pharmaceuticals US Inc | $1.82M | Healthcare | Drug Manufacturers - Specialty & Generic | -0.43 |
| RIBBU | Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $56M | Financial Services | Shell Companies | -0.42 |
| NETDU | Nabors Energy Transition Corp II - Units (1 Ord Class A & 1/2 War) | $73M | Financial Services | Shell Companies | -0.42 |
| PVLA | Palvella Therapeutics Inc | $1.66B | Healthcare | Biotechnology | -0.42 |
| CDTG | CDT Environmental Technology Investment Holdings Ltd | $3.77M | Industrials | Waste Management | -0.42 |
| PXDT | Pixie Dust Technologies Inc | $8.62M | Technology | Consumer Electronics | -0.42 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.41 |
| CRCL | Circle Internet Group Inc - Class A | $25B | Financial Services | Capital Markets | -0.41 |
| SAFX | XCF Global Inc | $126M | Utilities | Utilities - Renewable | -0.40 |
| EDHL | Everbright Digital Holding Ltd | $4.80M | Communication Services | Advertising Agencies | -0.39 |
| BMGL | Basel Medical Group Ltd | $11M | Healthcare | Medical Care Facilities | -0.39 |