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51 Stocks and 49 ETFs for diversifying EMDM (FIRST TRUST BLOOMBERG EMERGING MARKET DEMOCRACIES ETF)

The least correlated asset to EMDM (FIRST TRUST BLOOMBERG EMERGING MARKET DEMOCRACIES ETF) is ETF XCOM (Ultra Communication Services Select Sector ETF). The correlation is -1.

Stocks that lowly correlated with EMDM

SymbolName
Market cap
SectorIndustry
Correlation
LITTLogistics Innovation Technologies Corp - Class A$349MN/AN/A-0.99
ADALUAnthemis Digital Acquisitions I Corp - Units (1 Ord Class A & 1/2 War)$241MN/AN/A-0.89
SCAQUStratim Cloud Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$286MN/AN/A-0.87
EOCWElliott Opportunity II Corp - Class A$789MN/AN/A-0.86
AHRNUAhren Acquisition Corp - Units (1 Ord Share Class A & 1/2 War)$79MN/AN/A-0.86
JUGGJaws Juggernaut Acquisition Corp - Class A$285MN/AN/A-0.81
DNABSocial Capital Suvretta Holdings Corp II - Class A$330MN/AN/A-0.72
GBRGSunCar Technology Group Inc$11MN/AN/A-0.68
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.66
AURCBetter Home & Finance Holding Co. - Class A$104MN/AN/A-0.64
LHAILinkhome Holdings Inc$19MReal EstateReal Estate Services-0.62
CLXTCalyxt Inc$47MN/AN/A-0.62
PLBLPolibeli Group Ltd$2.84BConsumer CyclicalDepartment Stores-0.61
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.59
ASICAtegrity Specialty Holdings LLC$1.08BFinancial ServicesInsurance - Property & Casualty-0.59
HNGEHinge Health Inc - Class A$6.74BHealthcareHealth Information Services-0.58
SIShoulder Innovations Inc$452MN/AN/A-0.56
ANGXAngel Studios Inc - Class A$709MCommunication ServicesEntertainment-0.56
DBTXDecibel Therapeutics Inc$123MN/AN/A-0.56
JUGGUJaws Juggernaut Acquisition Corp - Units (1 Ord Share Class A & 1/4 War)$285MN/AN/A-0.56
THRNThorne Healthtech Inc$549MN/AN/A-0.55
WWACUAeries Technology Inc - Units (1 Ord Class A & 1/2 War)$41MN/AN/A-0.54
WAYWaystar Holding Corp$4.35BHealthcareHealth Information Services-0.53
BRBRBellring Brands Inc$1.42BConsumer DefensivePackaged Foods-0.52
APRNBlue Apron Holdings Inc - Class A$100MN/AN/A-0.52
NIQNIQ Global Intelligence plc$3.24BN/AN/A-0.49
AMAOAmerican Acquisition Opportunity Inc - Class A$118MN/AN/A-0.49
TTANServiceTitan Inc - Class A$7.44BTechnologySoftware - Application-0.49
XMQualtrics International Inc - Class A$11BN/AN/A-0.48
GIBOGIBO Holdings Ltd$106MCommunication ServicesInternet Content & Information-0.48
BRLIUBrilliant Acquisition Corp - Unit (1 Ordinary share 1 War and 1 Rts)$6.42MN/AN/A-0.48
ETSElite Express Holding Inc - Class A$13MIndustrialsTrucking-0.47
PIRSPieris Pharmaceuticals Inc$24MN/AN/A-0.46
RETOReTo Eco-Solutions Inc - Class A$6.39MBasic MaterialsBuilding Materials-0.46
MCACUConnectM Technology Solutions Inc - Units (1 Ord Class A 1 War & 1 Right)$70MFinancial ServicesShell Companies-0.46
SABRPSabre Corp$24BN/AN/A-0.45
LVACLava Medtech Acquisition Corp - Class A$120MN/AN/A-0.45
CNFRLConifer Holdings Inc$303MN/AN/A-0.44
MNTNMNTN Inc - Class A$751MTechnologySoftware - Application-0.44
ANNAAleAnna Inc - Class A$131MEnergyOil & Gas E&p-0.44
LGPSLogProstyle Inc$26MIndustrialsConglomerates-0.43
ALORUALSP Orchid Acquisition Corp I - Units (1 Ord Class A & 1/2 War)$22MN/AN/A-0.43
GSRMBitcoin Depot Inc - Class A$54MN/AN/A-0.43
QETARQuetta Acquisition Corp$1.43MN/AN/A-0.43
AILEiLearningEngines Holdings Inc - Class A$59MTechnologySoftware - Infrastructure-0.42
BRBroadridge Financial Solutions Inc$17BTechnologyInformation Technology Services-0.42
BACCBlue Acquisition Corp - Class A$214MFinancial ServicesShell Companies-0.42
SAFXXCF Global Inc$145MUtilitiesUtilities - Renewable-0.42
BRLIBrilliant Acquisition Corp$5.92MN/AN/A-0.42
TOACUTalon 1 Acquisition Corp - Units (1 Ord Class A & 1/2 War)$143MN/AN/A-0.42
MOBXMobix Labs Inc - Class A$20MTechnologySemiconductors-0.41

ETFs that lowly correlated with EMDM

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
XCOMUltra Communication Services Select Sector ETF$384KN/AJun 2, 2026-1.00
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.89
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.89
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.77
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.77
FIYYGRANITESHARES YIELDBOOST 20Y+ TREASURIES ETF $732K1.07%May 4, 2026-0.77
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.74
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.73
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.72
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.71
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.68
CLIMCLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF $1.30M0.90%Mar 11, 2026-0.67
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.64
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.61
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.61
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.61
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.60
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.59
NOWLGRANITESHARES 2X LONG NOW DAILY ETF $286MN/AJul 14, 2025-0.59
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.58
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.57
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.57
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.57
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.57
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.56
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.56
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.55
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.54
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.54
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3.20MN/AJun 16, 2009-0.54
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.54
SHPUDIREXION DAILY SHOP BULL 2X ETF $15MN/AAug 5, 2025-0.52
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.51
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.51
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.51
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.51
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.50
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.47
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.47
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.46
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.46
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $274M1.04%Sep 30, 2021-0.46
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.46
COYYGRANITESHARES YIELDBOOST COIN ETF $21M1.07%Jul 28, 2025-0.45
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.45
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.44
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.44
PLTGLEVERAGE SHARES 2X LONG PLTR DAILY ETF $23MN/AApr 24, 2025-0.44
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $176M0.50%May 10, 2021-0.42