Overview Holdings Performance Dividends Similar Etfs Correlations

10 Stocks and 90 ETFs for diversifying DALI (FIRST TRUST DORSEY WRIGHT DALI EQUITY ETF)

The least correlated asset to DALI (FIRST TRUST DORSEY WRIGHT DALI EQUITY ETF) is ETF QQQD (DIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES). The correlation is -0.8151.

Stocks that lowly correlated with DALI

Symbol	Name	Market cap	Sector	Industry	Correlation
TMDE	TMD Energy Ltd	$18M	Energy	Oil & Gas Midstream	-0.64
WTGUU	Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)	$20M	Financial Services	Shell Companies	-0.55
IROHU	CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)	$453M	N/A	N/A	-0.52
CLIK	Click Holdings Ltd	$4.19M	Consumer Cyclical	Personal Services	-0.52
CDTG	CDT Environmental Technology Investment Holdings Ltd	$3.77M	Industrials	Waste Management	-0.49
RIBBU	Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)	$56M	Financial Services	Shell Companies	-0.48
MCTR	CTRL Group Ltd	$15M	Communication Services	Advertising Agencies	-0.47
PROP	Prairie Operating Co. Common Stock	$81M	Energy	Oil & Gas E&p	-0.40
CPSR	Gelesis Holdings Inc - Class A	$1.87B	N/A	N/A	-0.40
SAFX	XCF Global Inc	$126M	Utilities	Utilities - Renewable	-0.39

ETFs that lowly correlated with DALI

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
QQQD	DIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES	$23M	0.50%	Mar 6, 2024	-0.82
AIBD	DIREXION DAILY AI AND BIG DATA BEAR 2X SHARES	$4.20M	N/A	May 15, 2024	-0.81
YQQQ	YIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF	$14M	1.11%	Aug 14, 2024	-0.80
QBER	TRUESHARES QUARTERLY BEAR HEDGE ETF	$62M	0.79%	Jun 28, 2024	-0.78
RWM	PROSHARES SHORT RUSSELL2000	$143M	0.95%	Jan 23, 2007	-0.77
TSMZ	DIREXION DAILY TSM BEAR 1X SHARES	$2.70M	1.01%	Oct 2, 2024	-0.77
TWM	ProShares UltraShort Russell2000 -2x Shares	$47M	N/A	Jan 23, 2007	-0.76
MYY	PROSHARES SHORT MIDCAP400	$2.70M	0.95%	Jun 19, 2006	-0.76
TNGY	TORTOISE ENERGY ETF	$600M	0.85%	Dec 27, 2010	-0.76
SBB	ProShares Short SmallCap600 -1x Shares	$4.10M	0.95%	Jan 23, 2007	-0.75
MZZ	PROSHARES ULTRASHORT MIDCAP400	$734K	N/A	Jul 11, 2006	-0.75
SDD	PROSHARES ULTRASHORT SMALLCAP600	$1.60M	N/A	Jan 23, 2007	-0.73
SH	ProShares Short S&P500 -1x Shares	$1.20B	0.89%	Jun 19, 2006	-0.73
SPDN	DIREXION DAILY S&P 500 (R) BEAR 1X SHARES	$220M	0.48%	Jun 8, 2016	-0.73
SDS	ProShares UltraShort S&P500 -2x Shares	$443M	N/A	Jul 11, 2006	-0.72
DIPS	YIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF	$9.80M	1.05%	Jul 23, 2024	-0.72
SIJ	ProShares UltraShort Industrials -2x Shares	$6.20M	N/A	Jan 30, 2007	-0.71
TAIL	CAMBRIA TAIL RISK ETF	$157M	0.59%	Apr 5, 2017	-0.70
DOG	PROSHARES SHORT DOW30	$111M	0.95%	Jun 19, 2006	-0.68
HIBS	Direxion Daily S&P 500 High Beta Bear 3X Shares	$19M	N/A	Nov 7, 2019	-0.68
SMDD	ProShares UltraPro Short MidCap400 -3x Shares	$1.90M	N/A	Feb 9, 2010	-0.68
HDGE	ADVISORSHARES RANGER EQUITY BEAR ETF	$66M	3.62%	Jan 26, 2011	-0.67
SKRE	TUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF	$9.60M	N/A	Jan 3, 2024	-0.67
DXD	PROSHARES ULTRASHORT DOW30	$51M	N/A	Jul 11, 2006	-0.67
SEF	ProShares Short Financials -1x Shares	$18M	0.95%	Jun 10, 2008	-0.66
METD	DIREXION DAILY META BEAR 1X SHARES	$8.60M	1.02%	Jun 5, 2024	-0.66
SMN	ProShares UltraShort Materials	$3.10M	N/A	Jan 30, 2007	-0.65
EMTY	ProShares Decline of the Retail Store ETF -1x Shares	$2.90M	0.65%	Nov 14, 2017	-0.65
SKF	ProShares UltraShort Financials -2x Shares	$16M	N/A	May 23, 2007	-0.64
PSQ	ProShares Short QQQ -1x Shares	$519M	0.95%	Jun 19, 2006	-0.64
SCC	ProShares UltraShort Consumer Discretionary	$6.20M	N/A	Jan 30, 2007	-0.64
SDOW	ProShares UltraPro Short Dow30 -3x Shares	$180M	N/A	Feb 9, 2010	-0.63
NVD	GRANITESHARES 2X SHORT NVDA DAILY ETF	$75M	N/A	Aug 21, 2023	-0.63
DWSH	ADVISORSHARES DORSEY WRIGHT SHORT ETF	$9M	6.22%	Jul 10, 2018	-0.62
EFZ	ProShares Short MSCI EAFE -1X Shares	$16M	0.95%	Oct 23, 2007	-0.62
VIXM	ProShares VIX Mid-Term Futures ETF	$56M	0.92%	Jan 3, 2011	-0.61
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	$37M	0.89%	Jan 17, 2018	-0.61
EFU	ProShares UltraShort MSCI EAFE -2x Shares	$932K	N/A	Oct 23, 2007	-0.61
SRTY	ProShares UltraPro Short Russell2000 -3x Shares	$81M	N/A	Feb 9, 2010	-0.60
TAPR	Barclays Bank PLC	$11M	0.79%	Mar 31, 2025	-0.59
NVDD	DIREXION DAILY NVDA BEAR 1X SHARES	$23M	1.01%	Sep 12, 2023	-0.59
EPV	ProShares UltraShort FTSE Europe -2X Shares	$14M	N/A	Jun 16, 2009	-0.59
EUM	ProShares Short MSCI Emerging Markets -1x Shares	$8.80M	0.95%	Oct 30, 2007	-0.59
CRSH	YIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF	$19M	1.05%	May 1, 2024	-0.59
DRIP	DIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES	$117M	N/A	May 28, 2015	-0.59
REW	ProShares UltraShort Technology -2x Shares	$3.70M	N/A	Jan 30, 2007	-0.58
NFLW	ROUNDHILL NFLX WEEKLYPAY ETF	$16M	N/A	Jun 17, 2025	-0.58
EEV	ProShares UltraShort MSCI Emerging Markets -2x Shares	$6.10M	N/A	Oct 30, 2007	-0.58
SJB	PROSHARES SHORT HIGH YIELD	$103M	0.95%	Mar 21, 2011	-0.58
OILD	Bank of Montreal	$19M	N/A	Nov 8, 2021	-0.57
NVDQ	T-Rex 2X Inverse NVIDIA Daily Target ETF	$36M	N/A	Oct 18, 2023	-0.57
AVS	DIREXION DAILY AVGO BEAR 1X SHARES	$6.90M	1.03%	Oct 9, 2024	-0.56
ETHD	ProShares UltraShort Ether ETF	$84M	N/A	Jun 6, 2024	-0.56
RFIX	Simplify Downside Interest Rate Hedge Strategy ETF	$56M	0.50%	Dec 9, 2024	-0.56
EWV	ProShares UltraShort MSCI Japan -2x Shares	$7.20M	N/A	Nov 6, 2007	-0.56
SCO	ProShares UltraShort Bloomberg Crude Oil -2x Shares	$1.10B	N/A	Nov 24, 2008	-0.55
DUG	ProShares UltraShort Energy	$18M	N/A	Jan 30, 2007	-0.55
BNKD	Bank of Montreal	$1.40M	N/A	Feb 20, 2025	-0.54
SHRT	GOTHAM SHORT STRATEGIES ETF	$17M	1.35%	Jul 31, 2017	-0.54
SETH	ProShares Short Ether ETF	$16M	0.95%	Nov 1, 2023	-0.53
AMDD	T-REX 2X INVERSE AMD DAILY TARGET ETF	$21M	1.03%	Feb 11, 2025	-0.53
WZRD	Opportunistic Trader ETF	$3.90M	1.00%	Jun 24, 2025	-0.53
WEBS	DIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES	$10M	N/A	Nov 7, 2019	-0.52
WTID	Bank of Montreal	$6.60M	N/A	Feb 16, 2023	-0.52
QID	PROSHARES ULTRASHORT QQQ	$279M	N/A	Jul 11, 2006	-0.52
NVDS	Tradr 1.5X Short NVDA Daily ETF	$23M	N/A	Jul 13, 2022	-0.51
SZK	ProShares UltraShort Consumer Staples	$4.70M	N/A	Jan 30, 2007	-0.51
REK	PROSHARES SHORT REAL ESTATE	$12M	0.95%	Mar 16, 2010	-0.50
FNGD	Bank of Montreal	$68M	N/A	Jan 22, 2018	-0.49
BRKU	DIREXION DAILY BRKB BULL 2X SHARES	$58M	N/A	Dec 10, 2024	-0.48
SRS	ProShares UltraShort Real Estate -2x Shares	$17M	N/A	Jan 30, 2007	-0.48
FIAT	YIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF	$39M	1.05%	Jul 9, 2024	-0.48
EDZ	DIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES	$37M	N/A	Dec 17, 2008	-0.48
MUD	Direxion Daily MU Bear 1X Shares	$27M	1.02%	Oct 9, 2024	-0.48
GGLS	DIREXION DAILY GOOGL BEAR 1X SHARES	$17M	1.02%	Sep 6, 2022	-0.48
UVIX	2x Long VIX Futures ETF	$499M	N/A	Mar 28, 2022	-0.47
AMZD	DIREXION DAILY AMZN BEAR 1X SHARES	$17M	1.02%	Sep 6, 2022	-0.47
SPXU	ProShares UltraPro Short S&P 500	$562M	N/A	Jun 23, 2009	-0.47
LABD	DIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&AMP;P BIOTECH BEAR 3X SHARES	$69M	N/A	May 28, 2015	-0.46
ERY	DIREXION DAILY ENERGY BEAR 2X SHARES	$40M	N/A	Nov 6, 2008	-0.46
SMCZ	DEFIANCE DAILY TARGET 2X SHORT SMCI ETF	$4.80M	N/A	Mar 31, 2025	-0.45
SARK	TRADR 1X SHORT INNOVATION DAILY ETF	$68M	0.92%	Nov 5, 2021	-0.44
TSDD	GRANITESHARES 2X SHORT TSLA DAILY ETF	$42M	N/A	Aug 21, 2023	-0.43
BIS	ProShares UltraShort Nasdaq Biotechnology -2x Shares	$2.50M	N/A	Apr 6, 2010	-0.42
RXD	ProShares UltraShort Health Care -2x Shares	$4.90M	N/A	Jan 30, 2007	-0.42
IBIC	ISHARES IBONDS OCT 2026 TERM TIPS ETF	$81M	0.10%	Sep 13, 2023	-0.42
BTCZ	T-REX 2X INVERSE BITCOIN DAILY TARGET ETF	$26M	N/A	Jul 9, 2024	-0.42
TSLQ	Tradr 2X Short TSLA Daily ETF	$159M	N/A	Jul 13, 2022	-0.41
SBIT	ProShares UltraShort Bitcoin ETF	$183M	N/A	Apr 1, 2024	-0.40
IONZ	Defiance Daily Target 2x Short IONQ ETF	$22M	N/A	Jun 23, 2025	-0.39