17 Stocks and 83 ETFs for diversifying EMLP (FIRST TRUST NORTH AMERICAN ENERGY INFRASTRUCTURE FUND)
The least correlated asset to EMLP (FIRST TRUST NORTH AMERICAN ENERGY INFRASTRUCTURE FUND) is company TryHard (THH). The correlation is -0.7917.
Stocks that lowly correlated with EMLP
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| THH | TryHard Holdings Ltd | $12M | Industrials | Specialty Business Services | -0.79 |
| RAL | RALSTON PURINA CO | $7.56B | Technology | Electronic Components | -0.67 |
| OTF | Blue Owl Technology Finance Corp | $4.79B | Financial Services | Asset Management | -0.66 |
| HCHL | Happy City Holdings Ltd - Class A | $59M | Consumer Cyclical | Restaurants | -0.61 |
| PROP | Prairie Operating Co. Common Stock | $60M | Energy | Oil & Gas E&p | -0.59 |
| MSGY | Masonglory Ltd | $5.30M | Industrials | Engineering & Construction | -0.59 |
| GRAN | Grande Group Ltd - Class A | $35M | Financial Services | Capital Markets | -0.57 |
| DXST | Decent Holding Inc | $1.65M | Industrials | Waste Management | -0.57 |
| HERZ | Herzfeld Credit Income Fund Inc Com | $230M | Financial Services | Asset Management | -0.56 |
| HTFL | Heartflow Inc | $2.35B | Healthcare | Health Information Services | -0.55 |
| TTAN | ServiceTitan Inc - Class A | $7.44B | Technology | Software - Application | -0.55 |
| CTWO | COtwo Advisors Physical European Carbon Allowance Trust | $1.85M | N/A | N/A | -0.55 |
| ASPC | A SPAC III Acquisition Corp - Class A | $17M | Financial Services | Shell Companies | -0.54 |
| NSRX | Nasus Pharma Ltd | $28M | Healthcare | Drug Manufacturers - General | -0.54 |
| NTWOU | Newbury Street II Acquisition Corp - Units (1 Ord Cls A & 1/2 War) | $184M | Financial Services | Shell Companies | -0.53 |
| SRTA | Strata Critical Medical Inc Cl A Com | $462M | Healthcare | Medical Care Facilities | -0.52 |
| CAI | Caris Life Sciences Inc - Class A | $4.94B | Healthcare | Biotechnology | -0.50 |