17 Stocks and 83 ETFs for diversifying EDOW (FIRST TRUST DOW 30 EQUAL WEIGHT ETF)
The least correlated asset to EDOW (FIRST TRUST DOW 30 EQUAL WEIGHT ETF) is ETF DOG (PROSHARES SHORT DOW30). The correlation is -0.9663.
Stocks that lowly correlated with EDOW
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $20M | Financial Services | Shell Companies | -0.73 |
| TMDE | TMD Energy Ltd | $18M | Energy | Oil & Gas Midstream | -0.62 |
| CDTG | CDT Environmental Technology Investment Holdings Ltd | $3.77M | Industrials | Waste Management | -0.61 |
| PROP | Prairie Operating Co. Common Stock | $81M | Energy | Oil & Gas E&p | -0.50 |
| RIBBU | Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $56M | Financial Services | Shell Companies | -0.50 |
| CRCL | Circle Internet Group Inc - Class A | $25B | Financial Services | Capital Markets | -0.49 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.49 |
| SAFX | XCF Global Inc | $126M | Utilities | Utilities - Renewable | -0.48 |
| BMGL | Basel Medical Group Ltd | $11M | Healthcare | Medical Care Facilities | -0.48 |
| MCTR | CTRL Group Ltd | $15M | Communication Services | Advertising Agencies | -0.48 |
| VCKAU | Scilex Holding Company - Units (1 Ord & 1/2 War) | $37M | N/A | N/A | -0.45 |
| VCXA | 10X Capital Venture Acquisition Corp II - Class A | $86M | N/A | N/A | -0.44 |
| EPWK | EPWK Holdings Ltd - Class A | $9.78K | Technology | Software - Application | -0.42 |
| STRZ | Starz Entertainment Corp | $380M | Communication Services | Entertainment | -0.41 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.41 |
| UBXG | U-BX Technology Ltd | $37M | Technology | Software - Infrastructure | -0.40 |
| LGPS | LogProstyle Inc | $16M | Industrials | Conglomerates | -0.40 |