18 Stocks and 82 ETFs for diversifying BNGE (FIRST TRUST S-NETWORK STREAMING & GAMING ETF)
The least correlated asset to BNGE (FIRST TRUST S-NETWORK STREAMING & GAMING ETF) is ETF JHDG (JOHN HANCOCK HEDGED EQUITY ETF). The correlation is -0.964.
Stocks that lowly correlated with BNGE
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| SOL | Emeren Group Ltd American Depositary Shares, each representing 10 shares | $100M | Technology | Solar | -0.91 |
| WSBK | Winchester Bancorp Inc | $121M | Financial Services | Banks - Regional | -0.64 |
| NCEW | New Century Logistics (BVI) Ltd | $54M | Industrials | Integrated Freight & Logistics | -0.56 |
| LCCC | Lakeshore Acquisition III Corp | $72M | Financial Services | Shell Companies | -0.55 |
| KCHV | Kochav Defense Acquisition Corp - Class A | $263M | Financial Services | Shell Companies | -0.54 |
| CHPG | ChampionsGate Acquisition Corp - Class A | $78M | Financial Services | Shell Companies | -0.53 |
| FIGX | FIGX Capital Acquisition Corp - Class A | $159M | Financial Services | Shell Companies | -0.50 |
| INACU | Indigo Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $34M | Financial Services | Shell Companies | -0.47 |
| BUUU | BUUU Group Ltd - Class A | $293M | Industrials | Specialty Business Services | -0.46 |
| INAC | Indigo Acquisition Corp | $118M | Financial Services | Shell Companies | -0.45 |
| ANL | Adlai Nortye Ltd | $317M | Healthcare | Biotechnology | -0.45 |
| ALM | Alma Metals Limited | $3.90B | Basic Materials | Other Industrial Metals & Mining | -0.44 |
| ALMS | Alumis Inc | $3.60B | Healthcare | Biotechnology | -0.44 |
| GTERA | Globa Terra Acquisition Corporation Class A | $246M | Financial Services | Shell Companies | -0.43 |
| LINE | Lineage Inc | $9.99B | Real Estate | Reit - Industrial | -0.43 |
| JCICU | Jack Creek Investment Corp - Units (1 Ord Share Class A & 1/2 War) | $432M | N/A | N/A | -0.42 |
| HRYU | Global Interactive Technologies Inc | $760K | Communication Services | Internet Content & Information | -0.42 |
| LWAC | LightWave Acquisition Corp - Class A | $221M | Financial Services | Shell Companies | -0.42 |