18 Stocks and 82 ETFs for diversifying CARZ (FIRST TRUST S-NETWORK FUTURE VEHICLES & TECHNOLOGY ETF)
The least correlated asset to CARZ (FIRST TRUST S-NETWORK FUTURE VEHICLES & TECHNOLOGY ETF) is ETF EUM (ProShares Short MSCI Emerging Markets -1x Shares). The correlation is -0.8091.
Stocks that lowly correlated with CARZ
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| APAD | Enhanced Group Inc - Class A | $161M | Financial Services | Shell Companies | -0.62 |
| ASIC | Ategrity Specialty Holdings LLC | $1.08B | Financial Services | Insurance - Property & Casualty | -0.59 |
| GSRM | Bitcoin Depot Inc - Class A | $54M | N/A | N/A | -0.55 |
| GIG | GigCapital7 Corp - Class A | $353M | Financial Services | Shell Companies | -0.53 |
| PLBL | Polibeli Group Ltd | $2.84B | Consumer Cyclical | Department Stores | -0.51 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.47 |
| RNERU | Mount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt) | $125M | N/A | N/A | -0.47 |
| GIBO | GIBO Holdings Ltd | $106M | Communication Services | Internet Content & Information | -0.46 |
| UBXG | U-BX Technology Ltd | $6.42M | Communication Services | Advertising Agencies | -0.46 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.45 |
| FVNNR | Future Vision II Acquisition Corporation Right | $341K | N/A | N/A | -0.45 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.45 |
| SI | Shoulder Innovations Inc | $452M | N/A | N/A | -0.44 |
| JCAP | Jefferson Capital Inc | $1.06B | Financial Services | Credit Services | -0.43 |
| LIONU | Lionheart III Corp - Units (1 Ord Share Class A & 1/2 War) | $113M | N/A | N/A | -0.41 |
| LGPS | LogProstyle Inc | $26M | Industrials | Conglomerates | -0.41 |
| LZMH | LZ Technology Holdings Ltd - Class B | $9.02M | Technology | Information Technology Services | -0.41 |
| NIQ | NIQ Global Intelligence plc | $3.24B | N/A | N/A | -0.40 |